Search Results for: mining
This Is What Gold Does In A Currency Crisis, Canadian Edition
December 28th, 2015
Along with the currencies of most other commodity-exporting countries, the Canadian dollar has been in near-freefall lately. Gold, meanwhile, has been sucked down with the rest of the commodities complex, falling hard since 2013. But only in US dollars. ...
Analysis – Record highs predicted for bitcoin in 2016 as new supply halves
December 23rd, 2015
2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason – slower growth in the money supply. Bitcoin ...
U.S. Third-Quarter GDP Revised Down to 2.0% Growth
December 22nd, 2015
The economy expands at a slightly slower pace than initially estimated in the third quarter The U.S. economy expanded at a slightly slower pace than initially estimated in the third quarter, as companies spent less stockpiling their inventories. Gross ...
Deutsche Bank Tally of Suspect Russia Trades Said at $10 Billion
December 22nd, 2015
Beyond mirror trades, $4 billion in transactions were flagged Regulators said to have received review results in September Deutsche Bank AG has identified as much as $4 billion in suspicious transactions related to its Russian operations, in addition to ...
How banks are trying squelch Bitcoin’s momentum
December 21st, 2015
There is no question that Bitcoin is causing a lot of worry and hand-wringing in the banking sector — and in national governments uncertain of how to regulate it. It is, after all, a highly disruptive technology — one ...
ACCA: Accountants and Auditors need specific “Whistleblowing” protection
December 21st, 2015
ACCA welcomes the provisional EU inter-institutional agreement on the protection of trade secrets, but remains concerned about the scope for divergence in implementation by Member States. ACCA believes that the main goal of the directive on common rules for ...
Asian markets trade mixed; Japan shares spike on BOJ
December 18th, 2015
Major markets in Asia were mixed on Friday after wavering between positive and negative territory as investors focused on economic data, central bank decisions and commodity prices. The Japanese market took a wild ride, erasing early losses and spiking ...
FED raises interest rates first time since 2006
December 17th, 2015
Information received since the Federal Open Market Committee met in October suggests that economic activity has been expanding at a moderate pace. Household spending and business fixed investment have been increasing at solid rates in recent months, and the ...
SFC reprimands and fines three JP Morgan entities a sum of $30 million for regulatory breaches
December 16th, 2015
The Securities and Futures Commission (SFC) has reprimanded J.P. Morgan Broking (Hong Kong) Limited (JPMBHK), J.P. Morgan Securities (Asia Pacific) Limited (JPMSAP) and J.P. Morgan Securities (Far East) Limited (JPMSFE) (collectively “JP Morgan”), and fined them $15 million, $12 ...
IBM Opens Watson IoT Global Headquarters, Extends Power of Cognitive Computing to a Connected World
December 15th, 2015
IBM (NYSE:IBM) today announced the opening of its global headquarters for Watson Internet of Things (IoT), launching a series of new offerings, capabilities and ecosystem partners designed to extend the power of cognitive computing to the billions of connected devices, sensors and systems ...
