Search Results for: Global banks
Cryptos may destabilise fiat
November 17th, 2017
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out of a misunderstanding of catallactics, or the theory of exchange. It also ignores the fact ...
The yen was flat, euro was little changed; Equity markets in Asia were steady
November 14th, 2017
Equity markets in Asia were steady as investors awaited clues on monetary policy from heads of some major central banks and kept an eye on U.S. tax reform developments. Bond yields held recent advances. Japan’s Nikkei 225 Stock Average ...
The man who predicted the 2008 financial crisis is skeptical about bitcoin
November 9th, 2017
The man who predicted the 2008 financial crisis is skeptical about bitcoin. Nouriel Roubini warns the cryptocurrency will become so regulated it will “find its end.” “In my opinion, there is a gigantic speculative bubble related to the bitcoin ...
Lean Work partners with Spotware Systems to successfully integrate with cTrader
November 8th, 2017
Lean Work, China’s leading SaaS provider, recently enters into partnership with Spotware Systems and successfully completed integration with cTrader. The partnership is a win-win scenario not just for both companies but for new and existing Chinese and international brokers ...
Visa released real-time payments platform in Europe
November 3rd, 2017
Visa has announced the European launch of Visa Direct – a real-time payments platform that allows companies to leverage Visa’s global reach and scale to transform domestic and cross-border payments for businesses and consumers. Visa is working with payment ...
There are now more than 120 hedge funds focused solely on bitcoin, digital currencies
October 31st, 2017
Data shared exclusively with CNBC from financial research firm Autonomous Next shows the number of funds investing in digital assets like bitcoin has grown rapidly to 124. Autonomous Next also estimates that the “crypto-funds” have about $2.3 billion in ...
Early investors review and key events coming this week
October 30th, 2017
Asian stocks were mixed as investors continued to digest earnings, while bond and currency markets awaited an announcement on who will helm the Federal Reserve. Equity benchmarks fluctuated in Japan, while Chinese shares fell, with the Shanghai Composite Index ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
Deutsche Bank to Pay $220 Million over Libor interest rate manipulation
October 26th, 2017
Deutsche Bank AG agreed to pay 45 U.S. states a combined $220 million to resolve a probe into interest-rate manipulation, more than twice the amount of Barclays Plc’s settlement last year. The states’ investigation found that the German bank’s ...
Aussie dollar tumbled, Kiwi extended a slide, Gold fell 0.3 percent, Japan’s Topix index rose
October 25th, 2017
Gains in Asian equities stalled at recent highs, while optimism in the world economy and encouraging earnings reports buoyed the dollar and bond yields. The Australian dollar sunk to its lowest since July after inflation data damped the outlook ...
