Search Results for: Chinese
Between 600K and 800K bitcoin miners shut down since mid November
December 6th, 2018
Between 600,000 and 800,000 bitcoin miners have shut down since mid-November amid declines in price and hashrate across the network, according to the third-largest mining pool. In an interview with CoinDesk, Mao Shixing, founder of F2pool, said his firm’s ...
G20 and the financial war
December 6th, 2018
Introduction President Trump initiated the trade war with China. There is a widespread assumption he is pursuing his “art of the deal”, coming into negotiations aggressively to get a satisfactory compromise. Therefore, the script goes, China will be ...
Huawei global chief financial officer arrested in Canada
December 6th, 2018
Canada has arrested Huawei’s global chief financial officer in Vancouver, where she is facing extradition to the United States, Canada’s Department of Justice said Wednesday. The arrest is related to violations of U.S. sanctions, a person familiar with the ...
Europe stocks climb as mining, tech shares rise on volatile day
November 30th, 2018
European stocks rose in volatile trading, with mining, technology and industrial shares leading the gains following a sharp rally on Wall Street sparked by dovish comments from Federal Reserve Chairman Jerome Powell. The Stoxx Europe 600 Index was up ...
European stocks dropped on Tuesday; Investors monitor Brexit and Italian budget plans
November 27th, 2018
European stocks dropped on Tuesday, as investors monitored a number of political events including Brexit and Italian budget plans, and digested further comments from President Donald Trump. The pan-European Stoxx 600 was 0.3 percent lower with the various sectors ...
The dollar held broad gains; Currency traders are looking to the upcoming G-20 meeting
November 26th, 2018
The dollar held broad gains on Monday as investors sought shelter in the world’s most liquid currency on fears of a slowdown in global economic growth and as U.S.-Sino trade tensions sapped risk appetite. The greenback, considered a safe ...
Leading Japanese shipping line to introduce its own digital currency
November 22nd, 2018
Nippon Yusen K.K., Japan’s largest shipping line by sales, is introducing its own digital currency for crew members, people with knowledge of the matter said. The goal is to make it easier for seafaring workers to manage, send and ...
The psychology of systemic consensus
November 16th, 2018
We are all too familiar with established views rejecting change. It has nothing to do with the facts. Officialdom’s mind is often firmly closed to all reason on the big issues. To appreciate why we must understand the ...
Pound and Yen fell, Asian stocks pointed to a firm start; These are the main moves
November 12th, 2018
Asian stocks and futures pointed to a firm start for equity markets in London and New York as investors assessed whether the recent rallies can endure. The pound slid as U.K. Prime Minister Theresa May fought to keep her ...
Prices When Gold Is Money
November 9th, 2018
We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced ...
