Search Results for: China Market
Three reasons why bitcoin’s price is surging higher
June 1st, 2016
Bitcoin is trading at its highest price in almost two years, driven by several factors including market conditions in Asia, according to experts in the cryptocurrency. The online currency ended Monday at around $542.77 and hit a high of ...
Asia Stocks Fall With Oil, Copper as Yuan Weakens; Aussie Jumps
June 1st, 2016
Crude oil sinks below $49 before OPEC meets Thursday Korean bonds rally as export slump weighs on the won Asian stocks retreated with commodities and the yuan weakened as Chinese manufacturing data pointed to lackluster growth in the world’s ...
The price of bitcoin just surged to a 20-month high
May 30th, 2016
Bitcoin is having a great weekend. Since Friday morning, the price of bitcoin has increased 15% and briefly reached $530. That’s the cryptocurrency’s highest price since August 2014, when bitcoin traded around $532. The market value of all bitcoin ...
Gold Sinks as Dollar Gets Boost From Yellen; Japan’s Stocks Rise
May 30th, 2016
Yen drops to one-month low as Abe aide signals tax-hike delay Yuan retreats as PBOC sets weakest fixing in five years Gold fell for the ninth day in a row, its longest losing streak in a year, and the ...
Chinese fintech startups receive $2.4 billion from VC firms
May 27th, 2016
Now that the Chinese stock market is falling to levels last see a year and a half ago, one fertile area for Chinese venture capitalists (VC) and others is investing in local financial technology (fintech) startups. This has driven ...
Regulation – the hidden curse
May 27th, 2016
Regulations are nearly always introduced with the best intentions. In financial services, they aim to stop unscrupulous brokers and banks from ripping off the public through bad practices. Manufacturers are banned from making products which are dangerous to children, ...
Saudi Arabia Has a Plan B to Try to Stop Iran’s Economic Rise
May 26th, 2016
The kingdom is mobilizing its Gulf allies to make sure that Iran’s opening-up to the global economy doesn’t go smoothly. Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to ...
Asian Stocks Extend Global Rally as Oil Regains $50; Yen Climbs
May 26th, 2016
Crude Rises on falling U.S. oil stocks, supply disruptions Norwegian krone, Malaysian ringgit strengthen; gold rebounds Energy producers led stocks higher in Asia and the currencies of oil-exporting nations strengthened as Brent crude traded above $50 a barrel for ...
Financial regulators from around the world warn for unauthorised financial services companies
May 24th, 2016
The Financial Conduct Authority (FCA) of UK, the Securities and Futures Commission (SFC) of Hong Kong, the Jersey Financial Services Commission (FSC), the Financial Services Authority (MFSA) of Malta and the Comision Nacional del Mercado De Valores (CNMV) of Spain issued ...
Fastned raises 3 million euro via the new stock exchange Nxchange
May 24th, 2016
Fastned, which is building a pan-European network of fast charging stations for electric cars, has raised 3.07 million euro in fresh capital in the first five weeks of its listing on the new stock exchange Nxchange. 307,473 new certificates ...
