Search Results for: SAFE
Gold and Yen Extend Rallies on EU, Trump Concerns: Markets Wrap
January 17th, 2017
May said ready to announce U.K. will leave EU single market IMF lifts its growth forecast for China to 6.5% in 2017 Lingering concern over Donald Trump’s policies and the U.K.’s position in the European Union accelerated a move ...
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...
The Path to $10,000 Bitcoin
January 16th, 2017
So let’s imagine a scenario in which tens of trillions of at-risk wealth suddenly seek an alternative–any alternative to staying in an asset class that’s circling the drain. As my colleague Davefairtex observed recently, the paint isn’t quite dry ...
Morgan Stanley to pay a $13 million penalty
January 16th, 2017
The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney has agreed to pay a $13 million penalty to settle charges that it overbilled investment advisory clients due to coding and other billing system errors. The firm ...
Takata to plead guilty to criminal wrongdoing in defective airbags probe; to pay $1 billion
January 13th, 2017
Takata Corp. is expected to plead guilty to criminal wrongdoing and pay $1 billion over its handling of defective airbags, the The Wall Street Journal reported Thursday. The auto parts supplier has been under federal investigation since its rupture-prone airbags were ...
Gold price above $1,200 for first time in two months
January 12th, 2017
A New Year rally for the gold price was given an unexpected “Trump bump” yesterday, says Reuters. Having risen from a low of $1,124 an ounce in early December, the metal hit a high of around $1,187 earlier this ...
A multibillion-dollar natural gas boom may reunify Cyprus
January 12th, 2017
A potential energy boom in Cyprus could spur a deal to reunify the ethnically-divided island after more than 40 years. A breakthrough may come at a United Nations-brokered multilateral summit in Geneva this week. The island nation has discovered ...
Five potential FinTech surprises for 2017
January 12th, 2017
In the ever-expanding FinTech ecosystem, it is easy to get caught up in all the hoopla, hysteria and hype. As we enter 2017, PwC’s DeNovo is providing our views on more plausible changes of direction in the FinTech space. ...
Dollar slumps after Trump offers no details on economic policies
January 12th, 2017
The dollar skidded on Thursday, moving back toward one-month lows against the perceived safe-haven yen, after President-elect Donald Trump’s highly-awaited news conference failed to offer details on his promises to boost fiscal spending and cut taxes. Trump, who takes ...
Total drone market globally worth US$127 billion
January 11th, 2017
The total global market for drone powered business operations is valued at over $127 bn, according to PwC estimates. The industry with the largest potential market for the commercial applications of drone technology is infrastructure, with an estimated global ...
