Search Results for: assets
ESMA monitors volatility in financial markets
September 25th, 2018
The European Securities and Markets Authorities (ESMA) has published an article setting out the details of its analysis of volatility in financial markets. The potential of market volatility to undermine financial stability as well as to impose unexpected losses ...
Asia stocks build on rally; These are the main moves in markets
September 21st, 2018
Asia stocks are set to cap the strongest two-week rally since February as investors take in evidence that escalating trade tensions have yet to hurt global growth and China’s moves to support its expansion. With the world’s expansion intact ...
‘Wild West’ Bitcoin ‘should be regulated’
September 19th, 2018
Bitcoin and other digital currencies are a “Wild West industry” and need to be regulated to protect investors, a committee of MPs has urged. Problems include volatile prices, minimal consumer protection and risks of hacking and money-laundering, says the ...
Crypto’s plunge worse than dot-com crash
September 14th, 2018
As virtual currencies plumbed new depths on Wednesday, the MVIS Crypto-Compare Digital Assets 10 Index extended its collapse from a January high to 80 per cent. The tumble has now surpassed the Nasdaq Composite Index’s 78 per cent peak-to-trough ...
Emerging currencies hit 17-month low over fears of trade war escalation
September 12th, 2018
The sell-off in emerging markets deepened on speculation the US and China trade war will escalate. Currencies slumped to their lowest level since April 2017 as Goldman Sachs said its models signaled further declines for some developing nations. Stocks ...
Virtual currency may be next tax haven, European Parliament warns
September 11th, 2018
Virtual currencies could become a new “virtual tax haven,” posing a major risk for governments, according to a report released amid an EU finance ministers meeting on the topic. The European Parliament report warned virtual currency poses a “direct ...
European Markets Review: European shares dropped to their lowest level in five months
September 7th, 2018
European shares dropped to their lowest level in five months on Thursday as worries over trade weighed and tech stocks came under pressure. In a volatile session which saw the STOXX 600 seesaw in and out of positive and ...
Rakuten e-commerce giant buys a bitcoin exchange
September 3rd, 2018
Rakuten, Inc., the largest e-commerce site in Japan and among the world’s largest by sales, announced that it decided to acquire everybody’s bitcoin Inc. (hereinafter “everybody’s bitcoin”) through its subsidiary, Rakuten Card Co., Ltd. The acquisition is based on ...
Early traders review: Euro to Dollar rose, Pound to Dollar slid; Asian stocks declined
September 3rd, 2018
Asian stocks declined, while the dollar held on to its recent rally as investors assessed the outlook for trade and whether turmoil in some emerging markets can be contained. The pound retreated as the chief European negotiator on Brexit ...
The EU is taking another look at regulating crypto
August 30th, 2018
Cryptocurrency traders and issuers of virtual currencies are in for a fresh round of scrutiny from European politicians. Finance ministers from the European Union’s 28 member states will discuss a host of challenges posed by the growing popularity of ...
