Search Results for: currencies
Asia stocks mostly higher, optimistic on U.S. earnings
July 21st, 2014
Most Asian stock markets edged higher on Monday as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week. Volumes were ...
Profit Surges at Morgan Stanley
July 17th, 2014
Morgan Stanley said on Thursday that its second-quarter earnings surged, driven largely by growth in the firm’s wealth management operations and by strong performances in investment banking and equity sales. Excluding certain charges relating to its debt and a ...
World Bank Report: Bitcoin is a ‘Naturally Occurring’ Ponzi
July 17th, 2014
A recently published World Bank policy research working paper on Ponzi schemes mentions bitcoin as a “naturally occurring Ponzi”, clarifying that it has nothing to do with deliberate Ponzi schemes, as some bitcoin critics have claimed. Kaushik Basu, World ...
U.S. sanctions set to slow Rosneft’s dollar debt, not oil deals
July 17th, 2014
President Barack Obama aimed a direct blow at Russia’s economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the world’s crude and over 8 percent of the country’s GDP. ...
CoinPip Supports Merchants Internationally
July 16th, 2014
Singapore-based bitcoin payment solution CoinPip Pte Ltd has been working tirelessly to make accepting digital currency even easier for its clients and for merchants in over 122 countries. Using CoinPip’s recently updated system, merchants can now instantly convert their ...
Crude oil falls below $100 for first time since May
July 16th, 2014
The price of oil fell below $100 a barrel for the first time since May even as the deteriorating security situation in Libya has raised questions about whether the country can soon increase crude exports. Benchmark U.S. crude for ...
Bitcoin Protected, VeriCoin Stolen in Latest Exchange Breach
July 15th, 2014
Digital currency exchange platform MintPal has suffered a successful hack attack that resulted in the loss millions of vericoins from its hot wallet. The 13th July attack targeted a vulnerability in the site’s withdrawal system. The hacker, according to ...
Asian shares firm, count on Fed’s support
July 15th, 2014
Asian shares rose on Tuesday after Citigroup’s earnings and a fresh round of merger and acquisition activity in the U.S. healthcare industry lifted global share prices. Yet, with elevated stock prices on Wall Street and elsewhere relying substantially on ...
EUR and GBP Are Committed To CFTC Reports
July 14th, 2014
The world has been spoiled by the beautiful game for the past four weeks, and yesterday’s final, although not a classic, the most consistent team was crowned champion. Football was the winner along with sportsmanship. Can the markets now ...
Interview with GoCoin’s Steve Beauregard
July 14th, 2014
I visited Los Angeles Bitcoin Incubator Bitropolis earlier this year, and I got to meet Steve Beauregard, the founder of GoCoin. While in his office in the scenic Santa Monica, CA, I had a few questions for him– and ...