Search Results for: MoU
The world’s largest publicly traded property and casualty insurer announced losses for Hurricanes
September 28th, 2017
Chubb Limited (NYSE: CB) announced preliminary loss estimates in the third quarter of 2017 attributable to Hurricanes Harvey and Irma, which impacted Texas, Florida, other southeastern states and the Caribbean. Insured losses for Hurricane Harvey are currently estimated at ...
Bitcoin shows that can survive and thrive without China
September 28th, 2017
Bitcoin traders have got a couple of things right lately. The digital currency can survive and thrive without China. And government regulation is positive, not negative, for the future of Bitcoin and other major cryptocurrencies. It adds credibility to ...
Deloitte cyber-attack: Is your firm safe?
September 27th, 2017
Cybersecurity is a pervasive issue in the digital age, and no organisation is completely risk-free. So how did this happen to Deloitte, and how can firms protect their data and prevent similar cyber-attacks? Big Four firm Deloitte suffered a ...
The price of bitcoin rose sharply
September 26th, 2017
The price of bitcoin rose sharply on Monday with its price spiking up 7 percent midday, according to CoinDesk market data. The price of the cryptocurrency is up nearly 300 percent year to date. Bitcoin is still under the ...
Here is how currencies, stocks, bonds and commodities move
September 26th, 2017
Financial markets showed signs of stabilizing after a fresh trigger from North Korea had sent money into haven assets, with focus returning to comments from central bank policy makers. Stocks in Asia were broadly lower, though declines were modest, ...
The first Australian Law Firm to accept digital currencies as forms of payment
September 25th, 2017
The Lehman Walsh Lawyers, a specialist Startup and General Corporate Law practice based in Australia, has issued an announcement to inform that it will be the first Australia Law Firm to accept three of the major digital currencies, as ...
The forthcoming global crisis
September 22nd, 2017
The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle. Most national economies are directly boosted by China, ...
U.S. dollar rallied against most of its main rivals
September 21st, 2017
The U.S. dollar rallied against most of its main rivals Wednesday following the Federal Reserve’s policy statement. The central bank kept its interest rate on hold, but detailed that it would unwind its bloated post-financial-crisis balance sheet starting October. ...
Here’s why the crackdown on bitcoin in China is ‘not a real problem’ for the digital currency
September 20th, 2017
The cryptocurrency market appears to be unconcerned about a Chinese crackdown on bitcoin, the largest digital coin by market cap. On Thursday reports that Chinese regulators would require exchanges to shut down bitcoin trading triggered a sell-off of nearly ...
Oil rises after Iraq signals possible OPEC cut extension
September 20th, 2017
Oil rises after Iraq’s oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a report showed a smaller-than-expected increase in U.S. inventories. U.S. West Texas Intermediate ...