Search Results for: china
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
Bitcoin’s Top Rival Is Up 90% and Ready to Ditch Mining
March 4th, 2017
Ethereum’s developers set course for mining-free model Blockchain seen as potential backbone for business, finance Marco Streng’s computer servers are what make Ethereum tick. Thousands strong, they whir day and night, solving the complex math riddles that are essential ...
OneStopBrokers welcomes ECommPay on the most comprehensive financial Directory
March 3rd, 2017
OneStopBrokers would like to welcome the innovative payment solutions provider ECommPay on the OneStopBrokers Directory. About ECommPay ECommPay is one of the leading international companies offering modern individual payment solutions. The company develops simple solutions in payment processing with ...
Bitcoin has exceeded the value of an ounce of gold for the first time
March 3rd, 2017
A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time. It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233. The current high is ...
Why All Exchange Rates Are Bad
March 2nd, 2017
The economics of exchange rates can be tough sledding. Every now and then, I post on the bulletin board beside my office a quotation from Kenneth Kasa back in 1995: “If you asked a random sample of economists to ...
Bitcoin climbs to a fresh record high
March 2nd, 2017
Bitcoin is in record territory once again. An aggressive bid has the cryptocurrency up 2.1% at $1,204.43 per coin as traders continue to pile in ahead of the upcoming Securities and Exchange Commission ruling on whether or not it ...
How fake smartphones affect the sales of smartphones; Billions lost
March 2nd, 2017
A new report from the European Union Intellectual Property Office (EUIPO), in collaboration with the International Telecommunication Union (ITU), estimates that 184 million fewer smartphones were sold by the legitimate industry in 2015, due to the presence of counterfeit ...
Global Stock Rally Shifts to Asia After U.S. Highs: Markets Wrap
March 2nd, 2017
Japan’s Topix at highest since December 2015 as yen slumps Dollar climbs as Fed official supports rate hike ‘soon’ The bulls are gaining momentum as the global equity rally stretched to Asia. Tokyo shares jumped to the highest level ...
Dollar, U.S. futures hold gains, Topix leads markets in Asia
March 1st, 2017
Dollar, U.S. futures hold gains, Topix leads markets in Asia Treasuries drop as odds jump for U.S. rate hike in March Dollar and equity bulls found little cause for concern in Donald Trump’s address to Congress despite a lack ...
World corn output to fall in 2017-18, allowing drawdown in stocks
February 28th, 2017
World corn output will fall next season, undermined by weaker Chinese and US sowings, the International Grains Council said – flagging the prospect of some decline in inventories of the grain. The intergovernmental group, in its first forecasts for ...
