Search Results for: India
Bitcoin: A New Global Economy
August 17th, 2015
When BitPay was founded back in 2011, bitcoin was in its infancy. It was difficult to convert local currencies into bitcoin or to find retailers who would accept it as payment. In just a few years, so much has ...
Citigroup’s ‘Bad Bank’ Isn’t So Bad Anymore
August 13th, 2015
Citi Holdings, the ‘bad bank’ Citigroup created to dispose of unwanted assets, has become a surprise success story Citi Holdings was born to be bad. But it is getting better with age. The “bad-bank” unit of Citigroup Inc., Citi Holdings for more ...
Visa joins firms betting on technology behind Bitcoin
August 13th, 2015
Move comes at a time when banks around the world are looking at ways to use the technology to make transactions more efficient and secure Visa Inc. will soon have a team of engineers at its Bengaluru office to ...
Gold demand falls in Q2 2015
August 13th, 2015
Gold demand falls in Q2 2015 as reduced consumer appetite in Asia outweighs increased buying in some western markets The World Gold Council’s Gold Demand Trends report for Q2 2015 shows total demand was 915 tonnes (t), a fall of 12% ...
Alibaba Growth Slows as Chinese Economy Weakens; Buyback Planned
August 12th, 2015
Alibaba Group Holding Ltd. quarterly sales rose at the slowest pace in at least three years and transaction volumes missed analyst estimates amid a weakening Chinese economy. Shares fell in pre-market trade. Revenue rose 28 percent to 20.2 billion ...
The Saudi Oil Price War Is Backfiring
August 10th, 2015
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces ...
Are you brave enough to profit from a collapse in gold?
August 4th, 2015
If you are, put your money where your mouth is and buy put options OK, gold haters. It’s time to put your money where your mouth is. You think gold could be going down to $350 an ounce? That’s great. ...
Asian stocks near 2015 lows on China worry, dollar steadies
August 3rd, 2015
An index of Asian shares outside Japan fell close to this year’s lows on Monday thanks to a deepening selloff in commodities and fresh concerns over slowing growth in China, while the dollar held its ground against a basket of ...
Microsoft and MIT Explore Unique Applications of the Bitcoin Blockchain
July 30th, 2015
Microsoft New York and MIT Media Lab presented a 70-minute report called #Blockchain4good this week. Speakers included Brian Forde, MIT Media Lab director of digital currency and former senior technology adviser at the White House, and John Paul Farmer, ...
Is it all over for Gold?
July 28th, 2015
With prices at five-year lows, Annabelle Williams asks whether the precious metal is truly hammered The Gold price has been hammered in the last few weeks, leaving the precious metal at the lowest prices for five years. Gold took ...
