Search Results for: assets
Oil prices reach highest since November 2014
May 7th, 2018
U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 while Brent crude prices climbed to fresh highs, as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supplies. ...
Goldman Sachs plans to trade bitcoin futures contracts
May 4th, 2018
Goldman Sachs, one of the most well-known investment banking and financial services providers in the world, announced plans to trade bitcoin futures contracts – a Wall Street first. Goldman’s competitors like JP Morgan have so far shunned the risks ...
Companies and individual to pay $3.5 Million in commodity futures and Forex fraud
May 2nd, 2018
The Commodity Futures Trading Commission (CFTC) announced that on April 11, 2018, the U.S. District Court for the District of Colorado entered Default Judgment against Defendants Randall A. Vest and his holding company, Bulletproof Vest, Inc.(Bulletproof Vest). The judgment resolves a CFTC enforcement action ...
Top Islamic bank uncovered internal fraud worth millions
April 30th, 2018
Abu Dhabi’s Al Hilal Bank has uncovered internal fraud as employees helped to steal over $170 million, most now retrieved. Al Hilal Bank PJSC, a top Islamic bank headquartered in Abu Dhabi, has uncovered internal fraud worth more than ...
Currency funds are betting on recovery after a dismal decade
April 27th, 2018
After a dismal decade, active currency managers see light at the end of the tunnel. As a decade of ultra-accommodative monetary policy after the 2008 crisis now appears to be nearing its end, funds that invest in currencies as ...
Economics 101: Who Sets Prices?
April 26th, 2018
Since the advent of nineteenth century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are provided by the state, and capitalism is left to provide the rest. Vital services ...
Blockchain Comp. Co-Founder: China will let solely Cryptoyuan into country
April 23rd, 2018
On the sidelines of the economic forum in Yalta, Russia, Sputnik has talked to Huan Zhang, co-founder of DAEX Blockchain Group Limited, about the current cryptomarket developments in China as well as the prospects of joining forces with Russia ...
The phenomenon of house prices around the world move in the same direction at the same time
April 16th, 2018
The International Monetary Fund has released a Report explaining the phenomenon that in recent decades, house prices around the world have shown a growing tendency to move in the same direction at the same time. If house prices are ...
Why A Dollar Collapse Is Inevitable
April 13th, 2018
“Naturally, the smooth termination of the gold-exchange standard, the restoration of the gold standard, and supplemental and interim measures that might be called for, in particular with a view to organizing international credit on this new basis, will ...
Bitcoin makes a comeback
April 13th, 2018
Tax selling was the culprit behind this year’s massive bitcoin sell-offs, Spencer Bogart, a partner at Blockchain Capital, told CNBC. “People realized way more tax gains in 2017 than they expected to,” Bogart said Thursday on “Fast Money.” “And ...
