Although many investors have are hoping that the SEC will approve the creation of the United States’ first bitcoin exchange-traded fund, a few cautious ones, such as Michael Venuto, chief investment officer at Toroso Investments prefer to avoid the volatility… Read More ›
Japanese business daily Nikkei has reported of such a move by Foxconn. The world’s biggest contract manufacturer, Foxconn reportedly approached South Korean chip manufacturer SK Hynix Inc to explore a joint bid for Toshiba Corp’s memory chip unit, reported the… Read More ›
The Organisation for Economic Cooperation and Development is of the view that potential currency volatility, overblown stock markets, or risks from increased trade barriers may not be withstood by the global economy and it may not be strong enough. The… Read More ›
Proposing fresh legislation limiting overtime, potentially to 45 to 60 hours a month, the Japanese government is taking aim at the workforce’s reputation for long hours. 23 percent of companies have workers putting in more than 80 hours of overtime… Read More ›
A senior analysts is of the opinion that bitcoin could be trading above gold by the end of the year and the price of bitcoin could hit s much as $3,and this digital coin could hit a fresh record high. According to… Read More ›
An international system of rules for free trade has been championed by Chinese President Xi Jinping in recent months. Now questions about those globalization credentials are being raised by his country’s treatment of South Korean companies amid a missile-shield spat…. Read More ›
The geopolitics of means is just becoming more real. As countries go cashless, the masses see their economic freedom diminish, their transactions being monitored, tracked and controlled. For most government, the public reason behind getting rid of cash is ‘security’,… Read More ›
Investors agree that the move is in the right direction. Having suffered significant losses, Deutsche Bank is planning on raising more capital as well as overhaul its business structure in order to reinvent itself. The strategic decision to revamp its… Read More ›
The move could potentially boost the Irish government’s backing of the two new energy import projects: EirGrid and RTE’s Ireland-France electricity link.
The depreciation of the pound is a double edged sword: while exports have become more lucrative, imports have become more expensive as well. As per the results of a survey, the depreciating value of the pound as well as the… Read More ›
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