Author Archives
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Analyst Predicts Bitcoin Could Trade Above Gold and Hit $3000 By This Year End
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 ›
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Amid Missile Spat, Free Trade Credentials of Xi Under Scrutiny
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 ›
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SBI Chair Says India Slowly Returning To ‘Normalcy’ Post-Demonetization
The outcome of Prime Minister Narendra Modi’s demonetization drive sees economy returning to “normalcy,” and a surge in deposits from the cash swap has given more room on lending, says India’s largest bank even though it was blindsided by the drive, the… Read More ›
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Row Over South Korean Missile Shield Plans Results In Chinese Companies Boycotting S Korean Retailer
After South Korea’s Lotte Group agreed on Monday to provide land to host a US anti-missile system that Beijing sees as a threat to national security, Chinese media reported the several Chinese companies have said that they will no longer… Read More ›
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After Fed Speakers Jolt March Hike Odds Higher, U.S. Treasuries Plunge
U.S. traders ramp up bets that the central bank will raise interest rates in the middle of next month after comments from Federal Reserve officials which led to a plunge in the U.S. treasuries. He expects a rate boost to… Read More ›
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European Energy Seen to be Dominated by Putin’s Russia for Two Decades
Ever since supplies from its eastern neighbor dropped during freezing weather in 2009, Europe has wanted to wean itself from Russian natural gas. However the region has never been more dependent almost a decade later. Gazprom PJSC accounts for about… Read More ›
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VC Founder Says Battle For Fintech Crown Post-Brexit Will Be Between Ireland And Germany
Waiting for the time when the U.K. leaves the European Union (EU), Ireland and Germany are all poised to step up to fill a void as leader of Europe’s fintech scene, according to the co-founder of a global venture capital… Read More ›
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Environmental Impact Of Bread Highlighted By New Research
The environmental impact of a loaf of bread has been analysed in a new study from researchers at the University of Sheffield. Bread is an integral part of many Britons’ diets and the rough estimates put the use at 12… Read More ›
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India Could Lose Growth Crown Thanks To Demonetization
When India reveals its growth figures for the October-December quarter, it could lose its title as the world’s fastest expanding major economy. While economists reckon that could be temporary, the release follows a demonetization-led cash crunch that hit India’s cash-heavy… Read More ›
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CNBC Reports $3 Billion Investment In U.S. Startup WeWork by SoftBank Nearing Closure
In a step that is aimed at expanding its reach beyond the tech and telecom market segments, Japan’s SoftBank Group Corp is reportedly close to making an investment in U.S. office-sharing startup WeWork whose value is expected to be worth… Read More ›