Search Results for: currencies
Will Russia’s friendship with China work?
June 6th, 2014
When Russian President Vladimir Putin and his Chinese counterpart Xi Jinping signed a huge gas deal last month, the timing couldn’t have been better. It was on the eve of the Putin’s St Petersburg Forum, and just weeks after ...
Facebook Approves Dogecoin Tipping App
June 6th, 2014
Facebook has approved a cryptocurrency tipping app for the first time, and it’s surprisingly not Bitcoin’s. On June 5, 2014, Alejandro Caballero, developer of The Doge Tipping App posted an excited announcement on Reddit’s Dogecoin section. Facebook approves The ...
Asian Stocks Rise With Ringgit; U.S., Europe Futures Gain
June 6th, 2014
Asian stocks rose for the fourth straight week and emerging-market currencies strengthened after the European Central Bank cut interest rates to fight deflation. The dollar headed for its best week since April versus the yen and U.S. and European ...
SEC Charges Bitcoin Entrepreneur With Offering Unregistered Securities
June 4th, 2014
The U.S. Securities and Exchange Commission has charged the co-owner of two Bitcoin-related websites for publicly offering shares in the two ventures without registering them. An SEC investigation found that Erik T. Voorhees published prospectuses on the Internet and ...
European Central Bank comes down against Bitcoin
May 27th, 2014
Yves Mersch, a member of the executive board of the European Central Bank (ECB), speaking at the Bargeld-symposium of the Deutsche Bundesbank in Frankfurt, has come down firmly against Bitcoin. Whereas, this will probably not come as much of ...
Euro feels impact of European elections – Euro Currency update
May 27th, 2014
Currencies Outlook of May 27th The Euro The Euro is weaker against most of its rivals as the impact of last week’s European elections continues to be felt. Victory for Euro-sceptic parties weighed upon the single currency. Also piling ...
Thai stocks decline after martial law
May 23rd, 2014
Thailand’s stock market sank Friday, a day after the country’s military seized power in a bloodless coup. Other Asian stock markets were mostly higher, with Japan boosted by weakness in the yen. Bangkok’s SET index fell more than 2 ...
FSMA to ban certain financial products’ marketing
May 22nd, 2014
The Financial Services and Markets Authority (FSMA), the Belgian regulatory authority, published an announcement as follows: The marketing of certain financial products to retail clients in Belgium will be banned starting on 1 July 2014. The Regulation to this ...
Asian stocks rise as China manufacturing improves
May 22nd, 2014
Japan’s Nikkei led gains in Asian stock markets Thursday after a manufacturing survey suggested the slowdown in China’s economy is flattening out and Fed minutes reinforced expectations the U.S. central bank won’t rush to raise interest rates. HSBC’s manufacturing ...
German regulator BaFin finds currency manipulation evidence
May 21st, 2014
BaFin, the German regulator, said it had found concrete evidence that traders attempted to manipulate the global currency market, making it the first financial watchdog to confirm that suspicions of wrongdoing have clear grounds. Raimund Röseler, the head of ...
