Search Results for: economy
Bitcoin move over – there’s a new kid on the blockchain
May 30th, 2017
The digital currency bitcoin has broken new records – surging by more than 245 per cent since the start of the year. In just five months, the price of one bitcoin rose from $1,331 to its all-time-high of $3,894 ...
Asia Stocks Mixed, Euro Falls on Draghi Comments: Markets Wrap
May 30th, 2017
China markets closed second day, Hong Kong shut for holiday Japan equities erase loss; yen gains while rand extends slide Asian equities were mixed in thin trading while the euro slipped with emerging currencies after Mario Draghi’s dovish message to ...
Stocks Climb in Korea, Japan; Dollar Reverses Loss: Markets Wrap
May 29th, 2017
U.K., U.S., China markets closed for holidays on Monday Dollar erases early loss amid Fed official’s rates comments Stocks in Asia were mixed amid low trading volume and the yen held to a narrow range as investors weighed the ...
Debts, Bastiat and modern economics
May 26th, 2017
Debts, Bastiat and modern economics There is a well-worn conundrum told about a stranger, who walks into the hotel in a remote, sleepy village in Mexico, and reserves a room for the night, paying 1,000 pesos in advance. The ...
Asian Stocks jump while Dollar weakens
May 25th, 2017
South Korean stocks, won rally as interest rates kept on hold Hang Seng China Enterprises Index surge to highest since March The dollar weakened to the lowest since November while Asian stocks climbed with oil ahead of a key ...
China’s Stocks Drop With Aussie on Moody’s Cut
May 24th, 2017
Moody’s lowers China rating on outlook for financial strength Equities in Japan, Australia and South Korea all higher China’s stocks declined after Moody’s Investors Service cut its rating on the country’s debt, saying the outlook for its financial strength ...
EURONEXT announced acquisition of FastMatch for $153 million
May 23rd, 2017
EURONEXT has issued a press release to announce acquisition of Fastmatch, an Electronic Communication Network (“ECN”) in the FX market and the expansion into Global FX Markets. Acquisition of FastMatch, Inc. (“FastMatch”) – the fastest growing Electronic Communication Network ...
Japan currency rises; Pound slips
May 23rd, 2017
Trump Concern, Manchester Blast Spur Risk-Off Tone Japan currency rises after latest report on Washington turmoil Pound slips after suspected terrorist attack at U.K. concert The yen rose with gold and U.S. equity-index futures fell as investors took a ...
Oil climbed toward $51 a barrel
May 22nd, 2017
Crude rises after Saudi Arabia says agreement reached on cuts Pound drops after U.K. threatens to quit Brexit negotiations Oil advanced a fourth day in the build up to OPEC’s gathering in Vienna this week, as speculation grows that ...
UAE remains MENA’s top start-up hub
May 19th, 2017
The UAE has retained the top position as the region’s tech startup hub for the fourth consecutive year, being home to one-third of all Middle East and North Africa (MENA) investors and 19 venture capitalists, the highest in the ...
