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Asia markets mostly up as oil climbs; Nikkei down 1.3%, Shanghai up 1.7%

March 18th, 2016 (0)
Asian markets traded mostly higher Friday, after U.S. indexes ended higher and oil prices hit their highest levels for this year. But a stronger yen continued to weigh on Japan’s shares. “The drivers of big swings in the markets ...

Why Latin American economies are turning to bitcoin

March 17th, 2016 (0)
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...

Asia markets mostly up on Fed, Nikkei falls on stronger yen

March 17th, 2016 (0)
Most Asian markets advanced Thursday as investors cheered new clarity from the Federal Reserve and a rise in oil prices, but Japan shares lost ground as the yen strengthened. The Fed left rates unchanged at between 0.25 percent and 0.5 percent ...

Apple Lambasts The FBI For Not Asking The Nsa To Help Hack That Iphone

March 16th, 2016 (0)
IN THE SHOWDOWN between Apple and the Justice Department over an iPhone used by one of the San Bernardino shooting suspects, one question has loomed large. Why hasn’t the FBI sought assistance from the National Security Agency—which employs some of ...

Which country had become Russia’s biggest oil customer?

March 15th, 2016 (0)
China overtakes Germany as Russia’s top crude consumer The latest report from the International Energy Agency (IEA) shows that at the end of 2015 China had become Russia’s biggest oil customer. “Shipping data suggest that China is importing more ...

China Drafts Rules for Tobin Tax on Currency Transactions

March 15th, 2016 (0)
Initial rate of levy may be kept at zero, people familiar said The rules still need central government approval, they said China’s central bank has drafted rules for a tax on foreign-exchange transactions that would help curb currency speculation, according ...

Fintech funding hits all-time high in 2015, despite pullback in Q4: KPMG and CB Insights

March 11th, 2016 (0)
KPMG and CB Insights release their inaugural quarterly fintech venture capital (VC) report, highlighting a record year for venture-backed fintech startups in 2015, but waning investor appetite to close out the year. While 2015 marked a banner year for ...

Gold is the only sound money

March 11th, 2016 (0)
This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, and implications for the future The technical situation is shown ...

Oil Prices Sink As Investors Lose Faith In OPEC Freeze

March 11th, 2016 (0)
Two hundred and twenty-two years after John Stone patented the pile driver, and the oil market is trying to dodge getting hammered today. After yesterday’s EIA-inspired hullabaloo, oil is looking lower. Here are seven things to consider on this ...

CFH Clearing enhances execution with matching engine in TY3

March 11th, 2016 (0)
CFH Clearing announces a new matching engine in TY3 in Japan as part of the organisation’s ongoing investment in Asia to provide clients with enhanced execution and reduced latency. The new matching engine will go live from the beginning ...
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