Search Results for: economy
U.S. authorities reportedly investigating Bitcoin businesses for connections to Silk Road
May 21st, 2014
Wall Street Journal reports that U.S. authorities are apparently renewing investigations into Bitcoin businesses and any potential connections to criminal activity. Specifically, renewed interest has surfaced in who else may have been connected to Silk Road, the shuttered online ...
Springtime for Bankers
May 19th, 2014
By any normal standard, economic policy since the onset of the financial crisis has been a dismal failure. It’s true that we avoided a full replay of the Great Depression. But employment has taken more than six years to ...
Putin to boost ties with China
May 19th, 2014
Amid a bitter crisis in relations with the West over Ukraine, Russia’s President Vladimir Putin is moving to bolster ties with China. Russia sees relations with China as a top priority and their ties now are the best ever, ...
Gas prices are high…
May 19th, 2014
Rumors about the demise of U.S. gasoline demand have been greatly exaggerated. Until late 2013, most energy observers forecast the world’s most reliably gas-guzzling market to consume less fuel this year. What was once thought to be a structural ...
Canada’s international transactions in securities
May 16th, 2014
Canadian investors acquired $7.9 billion of foreign securities in March, the largest such outflow of funds since November 2012. Meanwhile, foreign investors reduced their holdings of Canadian securities by $1.2 billion, the first monthly divestment this year. This activity ...
Sustainability Matters
May 16th, 2014
The global accountancy profession has an important role in making organisations more responsible and accountable in the pursuit of sustainable development, says ACCA (the Association of Chartered Certified Accountants) in a new policy paper called Sustainability Matters. The paper ...
Election results boost India stocks to another record high
May 16th, 2014
India’s benchmark index surged to a record high Friday after initial election results suggested a sweeping victory for Narendra Modi and the pro-business Bharatiya Janata Party. Investors reacted to the news with marked enthusiasm, sending Mumbai’s Sensex index up ...
Credit Suisse Said Close to Guilty Plea, $2.5 Billion Accord With U.S.
May 16th, 2014
Credit Suisse Group AG (CSGN) is close to reaching an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar ...
Demand for Venture Capital Outstripping the Supply
May 15th, 2014
Fewer entrepreneurs expect to be able to tap traditional venture capital funds in 2014, but corporate venture money may help fill the gap. As talk of a tech bubble spreads, a handful of tech stocks have pulled back in ...
France vetoes foreign investment
May 15th, 2014
The French government is broadening its authority to intervene when foreign companies want to buy firms the state considers vital, including in the sectors of transport, health and communications. The order released Thursday goes into effect immediately, potentially giving ...
