Search Results for: Bank of China
Bitcoin exchange Quoine raises $20m venture investment
June 21st, 2016
Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round, leveraging off the large opportunity for Bitcoin in the Japanese market, led by venture capitalists (VCs) and other ‘strategic investors’. It’s last funding round was a $2 million ...
The Impact of “Brexit” on Retail Investors; Monex survey
June 16th, 2016
Twenty-first Monex Global Retail Investor Survey Survey Focusing on the Impact of “Brexit” on Retail Investors Monex, Inc. has published “The Twenty-first Monex Global Retail Survey(*)” that was conducted from May 25 to June 6, 2016. Below is a ...
Asian Stocks Advance Before Fed as Pound Halts Slide; Oil Sinks
June 15th, 2016
Yuan hovers near five-year low after MSCI’s China ruling Japanese bond yields drop to new records as copper gains Asian shares rose, rebounding from the steepest selloff in global stocks since January, as currency markets stabilized ahead of the ...
Bitcoin Price Hits Two-Year High
June 14th, 2016
The price of the digital currency bitcoin hit a two-year high, trading above $700 on Monday morning after it spiked 21% over the weekend as traders raced in front of an unusual event called the “halving,” an adjustment to ...
Surging yen sends Nikkei tumbling 3.1 percent ahead of BOJ meeting
June 13th, 2016
Asian markets ended sharply lower Monday, ahead of central bank meetings in the U.S. and Japan this week and amid jitters over the upcoming referendum on whether the U.K. would remain in the European Union. Japan’s Nikkei 225 tumbled 582.18 points, ...
Oil prices fall back below $50 as economic concerns rise
June 13th, 2016
Oil prices fell in early trading on Monday, pulled down by rising economic concerns in Asia and a related strengthening in the U.S. dollar, which makes fuel imports for countries using other currencies more expensive. International Brent crude oil ...
4 Unexpected Events That Would Rocket Bitcoin in 2016
June 9th, 2016
The price of bitcoin is undoubtedly volatile, and the enormous swings in price, both up and down, can be difficult to analyze and even harder to predict. A lot of what happens in bitcoinland is wildly unexpected; here are ...
Oil, Metals Rally as Fading Fed Move Prospects Keep Dollar Weak
June 9th, 2016
China markets closed; consumer prices rise as May PPI slips Kiwi strengthens; Japanese shares decline as yen advances Oil and metals advanced as mounting speculation the Federal Reserve will hold off on raising interest rates until later in the ...
Euro, Dollar Slide in Global FX Reserves
June 8th, 2016
The currencies slumped to 15-year lows last year, according to European Central Bank The euro and dollar both lost ground as international currencies last year, slumping to 15-year lows in their share of global foreign-exchange reserves, according to an ...
Oil hovers near eight-month highs on U.S. inventory draw
June 8th, 2016
Oil prices rose for a third day to their highest in about eight months on Wednesday, helped by industry data showing a larger-than-expected drawdown in U.S. crude inventories, worries about attacks on Nigeria’s oil industry and strong Chinese demand. ...