Search Results for: china
First bitcoin bank is applying for license in Switzerland
June 2nd, 2015
A group of undisclosed investors joined their forces to create the first bitcoin bank in the world. Presently, this bank is applying for a license, reports Die Handelszeitung. According to the newspaper, “several sources” informed journalists about the registration ...
Google and Intel top charts of corporate investors in fintech
June 2nd, 2015
Financial services firms may dominate the list of corporate investors in fintech startups, but the biggest investment dollars are coming from two of the world’s largest tech companies, Google and Intel, according to data from CB Insights. The booming ...
FxPro Increases its Product Offering
June 2nd, 2015
FxPro has issued a press release to announce that: The company has expanded its product range offering to encapsulate numerous additional Contract for Difference (CFDs) including numerous additional shares*, indices, commodity and energy futures. More particularly, the broker shall ...
Asian stocks down as markets weigh Greece, US growth
June 2nd, 2015
Asian stocks drifted lower Tuesday as markets weighed a possible rebound in U.S. growth against doubts about Greece‘s ability to make debt payments and stay in the euro currency bloc. KEEPING SCORE: Japan’s Nikkei 225 was down 0.1 percent ...
Top news of the day, May 29
May 29th, 2015
1. China’s campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it easier for individuals and companies to invest overseas. The latest initiative, expected to be ...
Chinese stocks up at midday, shaking off morning slump
May 29th, 2015
SSEC +0.12 pct, CSI300 +0.61 pct Steep morning drop erased by mid-morning Follows market slump on Thursday Investors worried by margin trade changes, monetary policy Chinese stocks ended the morning session up slightly on Friday, but the market saw ...
Top news of the day, May 28
May 28th, 2015
1. Finance chiefs from the Group of Seven economic powers met on Thursday to discuss how to revive a faltering global recovery, with the United States leaning on Europe to reach a deal to avert a Greek bankruptcy. The ...
G7 finance chiefs discuss growth risks, urge deal on Greece
May 28th, 2015
* Growth worries top agenda for G7 finance chiefs * Market volatility adds to risks for global recovery * G7 officials discussing Greece on sidelines of talks * U.S. presses Europe, IMF to show flexibility on Greece * IMF, ...
Top news of the day, May 27
May 27th, 2015
1.FDI into Europe hits a new record with US$305b attracted into the region in 2014, translating to a 36% year-on-year growth, despite global growth slowdown. Last year alone, 43 European countries – including Russia and Turkey – drew 4,341 ...
Top 10 Countries in Which Bitcoin is Banned
May 27th, 2015
Countries around the world have a wide ranging view of the digital currency bitcoin or a “virtual currency.” Western superpowers like the United States and United Kingdom have shown a positive attitude towards the new technology. Some countries like Canada and Australia are ...