Search Results for: assets
Ponzi Scheme ordered to pay $1 billion in penalties
January 30th, 2019
The Securities and Exchange Commission announced that a federal court in Florida ordered Woodbridge Group of Companies LLC and its former owner to pay $1 billion in penalties and disgorgement for operating a Ponzi scheme that targeted retail investors. ...
Gold reaches seven-month high as dollar struggles
January 30th, 2019
Gold climbed to a seven-month high on Tuesday and stocks were back on the up too, as investors dug in for three days of political and economic drama and a blizzard of big tech earnings, starting with Apple later. ...
Nasdaq CEO believes cryptocurrencies will have a role in the future
January 24th, 2019
Adena Friedman, President and CEO of Nasdaq on January 20 made a publication titled “New chapters in innovation and disruption will be written in 2019”. The CEO’s opinion based on the details of the document is that cryptocurrencies will ...
European shares climbed on Thursday; Tech sector led the way
January 24th, 2019
European shares climbed on Thursday as better-than-expected results from chipmaker STMicro delivered a boost to the tech sector, shaking the market out of a subdued mood caused by slowing global growth. The pan-European STOXX 600 gained 0.4 percent by ...
Emerging-Market currencies drop; Latam stocks fell sharply
January 23rd, 2019
Latin American stocks fell sharply on Tuesday, in line with world stocks, as global growth slowdown fears gripped markets after the International Monetary Fund cuts its growth forecast. The IMF revised its 2019 global growth forecast lower than what ...
$5 Billion wiped out of Crypto: Bitcoin below $3,500 could spell trouble
January 21st, 2019
In the past 24 hours, the crypto market has experienced a slight decline in valuation from $224 billion to $219 billion as the Bitcoin price dropped to $3,500. Previously, traders said that a drop below the $3,500 mark could ...
More wealthy Europeans are leaving the U.K., movers say
January 17th, 2019
With the Brexit deadline less than 75 days away, the increasing likelihood of a no-deal split is pushing wealthy Europeans who have made their homes in the U.K. to call it a day and get the movers in. Anthony ...
Business investment rate up to 23.3% in the euro area
January 14th, 2019
Eurostat, the statistical office of the European Union, has published a report in relation to the business investment rate in the euro area for the third quarter of 2018. In accordance the report: In the third quarter of 2018, ...
Crypto market begins to fall rapidly again; Bitcoin below $3,500
January 14th, 2019
Bitcoin fell below $3,500 as $5 billion was wiped out of the crypto market, and major digital assets like Ethereum recorded a six percent drop against the U.S. dollar. The 4.8 percent drop in the combined valuation of all ...
What to watch in European stocks on Monday 14th of January
January 14th, 2019
Ahead of the stock markets open in Europe, investors and traders are watching main events that includes the below: Last-Ditch May The meaningful vote on U.K. Prime Minister Theresa May’s Brexit deal is coming on Tuesday and the last-ditch attempts ...
