Search Results for: China
Bitcoin Price Reaches $1,220, Three Main Factors to Influence its Growth
April 19th, 2017
Major factor: Japanese market The Japanese Bitcoin exchange market has experienced an increasing demand for Bitcoin over the past few weeks. Earlier this month, the Japanese retail giant Bic Camera began to accept Bitcoin in all of its retail ...
Ant Financial merged with HelloPay Group
April 19th, 2017
Almost exactly one year ago, Alibaba announced its US$1 billion purchase of a controlling stake in Lazada, the largest online shopping and selling marketplace in Southeast Asia – and a gateway to the region for the Chinese tech giant. Now, Alibaba ...
Soaring Global Debt Sets Stage For “Unprecedented Private Deleveraging”
April 14th, 2017
The UK’s Telegraph just published an analysis of global debt that pretty much sums up the coming crisis. Here’s an excerpt with a couple of the more hair-raising charts: These numbers are astounding. Emerging market ...
Asian Stocks Fall as Dollar Slumps on Trump Talk: Markets Wrap
April 13th, 2017
Japanese shares lead decline as yen strengthens for fourth day Hong Kong equities pare losses amid Chinese export data Most Asian stocks fell after the dollar slumped and Treasury bond yields dropped to the lowest level this year in ...
Auckland-based Forex broker collapsed leaving customers facing “significant” losses
April 12th, 2017
An Auckland-based foreign exchange broker has collapsed, leaving dozens of customers owed more than $1 million facing “significant” losses. Forex Brokers was established in 1995 and had an office in the Dingwall Building on Auckland’s Queen Street. Companies Office ...
Bitcoin touches 3-week high as Russia mulls recognizing it as a currency
April 12th, 2017
The price of a single bitcoin on Tuesday climbed to its highest level in three weeks following reports that Russian authorities might recognize the world’s most popular digital currency as a legitimate financial instrument some time next year. If ...
Japan Stocks Tumble, Yen Gains Amid Risk Aversion: Markets Wrap
April 12th, 2017
Gold remains at year’s high as geopolitical concerns linger Treasuries extend gains, oil climbs for seventh session Japanese shares tumbled after the yen jumped to the highest since November as investors avoided riskier assets amid lingering geopolitical concerns. Treasuries ...
The decline and fall of the EU
April 11th, 2017
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an ...
Bitcoin Price Can Reach $500,000 by 2030, Says Snapchat’s First Investor
April 11th, 2017
Bitcoin has been leading the list of cryptocurrencies in six of the past seven years, climbing from zero to a value of about $1,180. However, the potential of Bitcoin is much higher. Jeremy Liew, the first investor in Snapchat, ...
Gold rallies to 5-month high as U.S. airstrikes on Syria drive investors to haven assets
April 8th, 2017
Gold prices surged on Friday, as investors flocked to the perceived haven asset in the wake of U.S. military airstrikes against Syria in retaliation for a suspected chemical attack on civilians earlier in the week. Gold for June delivery ...
