Search Results for: SAFE
Chinese regulator released that paid online searches will be treated as advertising and to be taxed
July 14th, 2016
The recent regulations issued by China’s State Administration for Industry and Commerce on online advertising are likely to dent Alibaba’s and Baidu’s earnings, analysts believe. Baidu Inc is set to announce its second quarter of fiscal year 2016 (2QFY16) ...
Pound rallies as UK political storm subsides
July 13th, 2016
Sterling climbed for a fourth consecutive trading session on Wednesday as Theresa May gets ready to become Britain’s new prime minister, removing the political uncertainty over the Conservative Party’s leadership. The British currency rose to $1.3326 on Wednesday, its ...
Risk On/Risk Off: What Schizophrenic Markets Are Telling Us
July 11th, 2016
These trends cannot be reversed with yet another rate cut or another “whatever it takes” announcement. In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and higher potential returns) such as stocks are on a see-saw ...
Lawyers claim that Brexit vote is not legally binding;primary legislation will be needed
July 11th, 2016
Hundreds of barristers have advised Prime Minister David Cameron to tread carefully before taking steps to withdraw the UK from the European Union. More than 1,000 have signed a letter to Mr Cameron which says the referendum result is ...
Bitcoin challenger YoCoin launches
July 8th, 2016
Cryptocurrency has become a phenomenon that will not be going away anytime soon, and YoCoin is leading the charge to take cryptocurrencies mainstream and make them accessible to everyone. Unlike most of the alternative cryptocurrencies, YoCoin is a decentralized, ...
Forget gold, silver is on fire and could hit $25/oz. by the end of 2016
July 7th, 2016
Silver has seen double the percentage gain of gold since Brexit Silver has outshined its sister metal since the U.K.’s decision to leave the European Union sparked turmoil in global equities markets, and the rally could lift the white ...
One of the worst markets hit in the last two-weeks has been Italian banks
July 6th, 2016
While most of the post-Brexit headlines have centred on the fall in value of sterling and the surge of interest in safe havens such as gold and government bonds, one of the worst markets hit in the last two-weeks has been Italian banks. ...
Global stocks slide, bonds surge as Brexit fears resurface
July 6th, 2016
Asian share markets turned tail on Wednesday as fears over instability in the European Union returned with a vengeance, sending the pound to three-decade lows and hammering risky assets of all stripes. In frantic trading reminiscent of the fateful ...
Bitcoin transactions values to Triple this Year
July 5th, 2016
Bitcoin Transactions Values To Triple this Year – Reaching Over USD92Bn, As Brexit And Possible Trump Presidency Fuel Price Spikes – Exchanges Drive Growth As Retail Interest A new study from Juniper Research has found that the total value of Bitcoin ...
George Osborne has pledged to cut corporation tax to 15% from 20% rate
July 4th, 2016
George Osborne has pledged to cut corporation tax to encourage businesses to continue investing in the UK following the EU referendum vote. In an interview with the Financial Times, the chancellor said he would reduce the rate to below 15% ...
