Search Results for: currencies
Asian stocks fall in volatile trade as China index seesaws
July 9th, 2015
Asian stocks markets were volatile on Thursday as China’s main index seesawed after a prolonged sell-off while Hong Kong’s benchmark rebounded strongly. KEEPING SCORE: The Shanghai Composite Index in mainland China fell more than 3 percent in the first ...
Westpac VC invests in Bitcoin player Coinbase
July 8th, 2015
In a deal that will put Westpac Banking Corp in the box seat as cryptocurrencies develop, the bank’s venture capital fund, Reinventure Group, has invested in Coinbase, one of the world’s pre-eminent Bitcoin companies. In the first deal involving ...
Ragin’ Contagion: When Debtors Go Broke, So Do Mercantilist Exporters
July 7th, 2015
Papering over the structural imbalances in the Eurozone with bailouts or bail-ins will not resolve the fundamental asymmetries in trade. Beneath the endless twists and turns of Greece‘s debt crisis lie fundamental asymmetries that doom the euro, the joint currency that ...
Bitcoin: What you didn’t know but always wanted to ask
July 7th, 2015
A new technology for the banking world: “The internet of money” In 2008, an individual or group writing under the name of Satoshi Nakamoto published a paper that described a peer-to-peer version of electronic cash that “would allow online ...
FSMA Warnings: Providers of binary options and forex products
July 7th, 2015
The Financial Services and Markets Authority (FSMA) once again warns the public against the activities of various providers of / intermediaries in binary options and/or forex products which engage in unauthorized activities in Belgium. Some of these providers are, ...
Statement by Glenn Stevens, Governor: Monetary Policy Decision
July 7th, 2015
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than a year ago. This ...
Greece Votes NO – Let The Chaos Begin…
July 6th, 2015
The result of the referendum in Greece is a great victory for freedom, but it is also threatens to unleash unprecedented economic chaos all across Europe. With almost all of the votes counted, it is being reported that approximately ...
Bank of China lists first Euro-denominated bond on London Stock Exchange
July 6th, 2015
€500 million bond issued by Bank of China in London First Euro-denominated bond listed in London by Bank of China Part of wider ‘One Belt, One Road’ bond issuance programme London seen as venue of choice for Chinese issuers ...
Greece No vote: Oil prices tumble
July 6th, 2015
Oil prices fell sharply early on Monday after Greece rejected austerity measures demanded in return for bailout money and as China rolled out an unprecedented series of steps to prevent a full-blown stock market crash. The result of the ...
China stocks plunge as market rout deepens
July 3rd, 2015
China‘s main stock benchmark plunged more than 5 percent Friday as government stabilizing measures failed to reassure panicky investors while other Asian indexes fell ahead of Greece‘s weekend austerity referendum. KEEPING SCORE: The Shanghai Composite Index in mainland China ...
