Search Results for: dollar
Why Are So Many People Freaking Out About A Stock Market Crash In The Fall Of 2015?
August 20th, 2015
Is the stock market going to crash by the end of 2015? Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets. The truth is ...
Deloitte, Libra, Accenture: The work of auditors in the age of Bitcoin 2.0 technology
August 20th, 2015
Back in the late 1990s the cryptographer Nick Szabo predicted the paper-era techniques of auditing and accounting would be dramatically augmented by, and eventually integrated into, smart contracts. The last year or two has seen lots of opinion about ...
Nearly 100% recoveries for MF Global Brokerage Creditors after Judge decision
August 20th, 2015
Judge Paves Way for Nearly Full Recoveries for MF Global Brokerage Creditors The bankruptcy judge approved the sale of MF Global’s brokerage litigation to its parent A judge on Wednesday paved the way for nearly 100% recoveries for creditors ...
China’s devaluation may be bad news for FX industry
August 19th, 2015
China’s currency devaluation should give a shot in the arm to global foreign exchange volumes as traders take advantage of and protect themselves against the surprise surge in volatility, but its longer-term impact on market activity may not be ...
Asian shares plunge to two-year lows as China stocks continue to fall
August 19th, 2015
Shanghai shares index drops 3.9%, denting hopes of Chinese stock markets stabilising following last week’s devaluation of yuan Asian shares on Wednesday struggled at two-year lows after Chinese stocks extended their fall, stoking fears about the stability of China’s ...
23 Nations Around The World Where Stock Market Crashes Are Already Happening
August 18th, 2015
You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these stock market crashes are occurring in nations ...
Saudi Arabian stocks tumbled entering a so-called death cross
August 18th, 2015
Saudi Stocks Sink Into Death Cross as IMF Sees Growth Slowing Saudi Arabian stocks tumbled, entering a so-called death cross, after the International Monetary Fund said the drop in oil prices may force spending cuts and curtail the kingdom’s ...
Asian Shares Flat; Yuan-Related Turmoil Fades
August 18th, 2015
China property data continues to be rare bright spot Asian markets were roughly flat Tuesday as turmoil from a weaker yuan dissipated and China’s property market showed signs of recovery. In China, housing continues to be a rare bright ...
Another Monday, Another Batch Of Brutal Numbers
August 17th, 2015
The global recovery meme got another series of jolts this morning, as pretty much everything suprised on the downside. In no particular order: ” Japan economy shrinks in second quarter in setback for ‘Abenomics’ China’s economic ...
China, the Hollow Dragon
August 17th, 2015
In terms of profitability and trade-generated wealth, China is a hollow dragon. It is widely assumed that manufacturing (a.k.a. the world’s workshop) is the source of China’s wealth. But how can this be true, given that manufacturing profit margins ...