Search Results for: mining
Bitcoin sets fresh record above $3,500; ether trades higher
August 9th, 2017
Bitcoin traded higher on Tuesday, carving out a fresh record above $3,500 and reaching a market value approaching $60 billion at its best levels. A single bitcoin BTCUSD, -1.78% most recently was trading at $3,477.93, up 0.5%, touching an ...
Won drops; yen leads gains among G-10 currencies, gold rises
August 9th, 2017
Stocks in Asia declined with U.S. equity-index futures and the South Korean currency tumbled as investors took a risk-off approach after the U.S. and North Korea exchanged threats amid escalating tensions between the two nations. The yen and gold ...
PwC to pay $1 Million to settle audit violations
August 3rd, 2017
The Public Company Accounting Oversight Board announced that it censured and imposed a $1 million civil penalty against PricewaterhouseCoopers LLP for violations in its examination and audit of Merrill Lynch, Pierce, Fenner & Smith, Incorporated’s compliance with the Securities ...
Isle of Man: We’re no tax haven study concludes
August 2nd, 2017
The Isle of Man might be branded a tax haven by its critics. But that’s not the conclusion of research by academics at the University of Amsterdam. Their study ranks 24 ’sink’ and five ’conduit’ offshore finance centres – ...
Global law firm reveals FY17 results; Record global revenues
August 2nd, 2017
Global law firm Baker McKenzie has issued today a press release to announce revenues for the fiscal year ended 30 June 2017 (FY17). Below is the announcement a it was published: Baker McKenzie, the leading global law firm, has announced ...
FED expects inflation on a 12-month basis to remain somewhat below 2 percent
July 27th, 2017
The Federal Reserve , the central bank of the United States, has issued a FOMC statement. According the FOMC statement: Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to ...
Speculators Sour On Gold And silver, Which Means The Bottom Is Near
July 14th, 2017
The stars — in the form of smart and dumb money futures contract positions — have once again lined up favorably for precious metals. Here are those positions for gold and silver as of Tuesday the 4th. Notice that ...
The logic of a modern gold standard
July 14th, 2017
The logic of a modern gold standard In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooperation Organisation to break from the US dollar completely, ...
Dutch Authority for the Financial Markets fined a company for market manipulation
July 12th, 2017
The Dutch Authority for the Financial Markets (AFM) has imposed an administrative fine of € 10,000 on the Spanish company Lexon Capital S.L. (Lexon). The fine was imposed because Lexon manipulated the prices of four equity funds that are ...
HSBC Predict Pound to Euro Exchange Rate at 1:1
July 4th, 2017
HSBC Predict Pound to Euro Exchange Rate at 1:1, say Bank of England Rate Rise Would Actually be Bad for Sterling Markets have got it all wrong – a Bank of England interest rate rise will not in fact ...
