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    CONNECTION CAPITAL GIVES CLIENTS ACCESS TO NORTH AMERICA AND EUROPE-FOCUSED MID-MARKET PRIVATE EQUITY FUND

    Nov 11, 2019

    Clients of Connection Capital, a specialist private client investment business, have invested in the final close of a North America and Europe-focused lower mid-market private equity fund, run by the highly experienced global team at TriSpan, the New York and London-based private equity manager. As ...

    PRIVATE EQUITY WIRE
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    /news-article.aspx?ID=71707170

    ACTON CAPITAL CLOSES NEW USD215N ACTON FUND V

    Nov 07, 2019

    Acton Capital, Munich-based growth venture capital investor, has held the final closing of its new Acton Fund V at USD215 million (EUR193 million). Building upon the success of its previous funds, the new fund will focus on tech-enabled business models and startups in their growth stage. Since the f...

    PRIVATE EQUITY WIRE
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    /news-article.aspx?ID=71677167

    BUTCHERJOSEPH ACQUIRES LAFFER INVESTMENTS

    Nov 04, 2019

    ButcherJoseph Financial Holdings, an affiliate of investment banking firm ButcherJoseph & Co, has acquired Laffer Investments Inc, an SEC Registered Investment Advisor (RIA). Laffer Investments was founded in 1999 by economist, Arthur B Laffer, PhD, and currently provides investment management a...

    PRIVATE EQUITY WIRE
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    /news-article.aspx?ID=71647164

    SECURITIES NUMBERING BODY LAUNCHES TASK FORCE TO STANDARDIZE DIGITAL ASSETS

    Oct 23, 2019

    The Association of National Numbering Agencies (ANNA) has launched a task force to address digital asset labelings across financial markets. Announced Wednesday, the new task force will consider appropriate International Securities Identification Numbers (ISINs) employed by the International Organis...

    COINDESK
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    /news-article.aspx?ID=71577157

    FACEBOOK’S MARCUS SAYS CHINA WINS WITH DIGITAL RENMINBI IF US NIXES LIBRA

    Oct 22, 2019

    David Marcus, Facebook’s top executive on the Libra project, said China will create a digital currency system that could be entirely out of reach for U.S. authorities. Marcus warned that Washington risks “having a whole part of the world completely blocked from U.S. sanctions and protect...

    COINDESK
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    /news-article.aspx?ID=71557155

    US-CHINA TENSIONS SPILL OVER INTO CAPITAL MARKETS

    Sep 26, 2019

    Capital markets have turned into another battleground for the trade war as hard-liners in Washington seek a clampdown on Chinese businesses while Beijing loosens investment restrictions to draw money from the U.S. and beyond. An anti-China group co-founded by Steve Bannon, formerly a senior adviser ...

    NIKKEI INC
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    /news-article.aspx?ID=71327132

    U.S. FISCAL WEAKENING COULD HIT PUBLIC FINANCE, FINANCIAL CREDITS

    Sep 25, 2019

    Low borrowing costs have helped to temper political concerns over rising federal budget deficits and debt in recent years. However, Fitch Ratings believes that public finances could emerge as a greater issue for U.S. policymakers in the event that borrowing costs rise or if the deficit increases sha...

    ABL ADVISOR
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    /news-article.aspx?ID=71287128

    PRUDENTIAL FINANCIAL REVAMPS US MARKETING ORGANIZATION

    Sep 24, 2019

    Prudential Financial has launched a new operating model for its marketing organization in the US, and has made several new appointments. The realignment of Prudential Financials’ marketing organization involves utilizing technology, data sciences and AI as part of its marketing model. A releas...

    INSURANCE BUSINESS MAGAZINE
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    /news-article.aspx?ID=71267126

    WEWORK BOND PRICES FALLS AFTER SOFTBANK QUESTIONS CEO: MARKETAXESS

    Sep 23, 2019

    The price of We Company's 7.875% May 2025 junk bond fell 1.1% on Monday morning, MarketAxess data showed, following reports from sources that investor SoftBank Group is exploring ways to replace Adam Neumann as chief executive of the WeWork parent. The showdown between Japan's SoftBank and t...

    INVESTING.COM
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    /news-article.aspx?ID=71237123

    STOCKS - WALL STREET RISES ON HOPES OF TRADE PROGRESS, CENTRAL BANK EASING

    Sep 20, 2019

    Wall Street inched forward on Friday as traders monitored trade developments between the U.S. and China, while easing monetary policy around the globe increased hopes that central banks will help soften the blow from the drawn-out trade war. The Dow rose 62 points, or 0.2%, by 9:55 AM ET (13:55 GMT)...

    INVESTING.COM
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    /news-article.aspx?ID=71207120

    MICROSOFT DRIVES S&P 500 NEAR RECORD HIGH

    Sep 19, 2019

    Gains in Microsoft (NASDAQ:MSFT) shares pushed the benchmark S&P 500 within striking distance of its record high, a day after the Federal Reserve cut interest rates as expected but played down hopes of further monetary easing. The software giant's plans to buy back $40 billion in shares also...

    INVESTING.COM
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    /news-article.aspx?ID=71177117

    KAIA HEALTH SECURES USD8M IN FUNDING LED BY OPTUM VENTURES

    Sep 18, 2019

    Kaia Health, a digital therapeutics company, has close an USD8 million funding round, the second significant investment this year. The infusion of capital is led by Optum Ventures. Kaia Health has developed a smartphone-based approach for managing a range of chronic conditions, with its leading prod...

    PRIVATE EQUITY WIRE
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    /news-article.aspx?ID=71147114

    CAPZA CO-ARRANGES EUR150M UNITRANCHE REFINANCING OF LA MAISON BLEUE

    Sep 17, 2019

    CAPZA, a private investment platform focusing on small and midcaps, is co-arranging, with BNP Paribas Principle Investments and AXA IM, the unitranche refinancing of La Maison Bleue. Founded in 2004, La Maison Bleue manages a network of over 280 collective nurseries in France and 60 in Europe (Switz...

    PRIVATE EQUITY WIRE
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    /news-article.aspx?ID=71077107

    MORGAN STANLEY RETAINS BILLING AS TOP ADVISER IN ACTIVIST FIGHTS: REFINITIV DATA

    Sep 16, 2019

    Morgan Stanley (N:MS) ranked as the top financial adviser in activist campaigns during the first six months of 2019 while Goldman Sachs (N:GS) and Spotlight Advisors each added clients and tied for second place, according to Refinitiv data. Holding onto the No. 1 spot, Morgan Stanley advised 19 comp...

    INVESTING.COM
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    /news-article.aspx?ID=71047104

    US BUYOUT FUNDRAISING ACTIVITY REACHING ITS HIGHEST QUARTERLY VOLUME

    Sep 13, 2019

    CEPRES has released its latest Private Capital Market Outlook report showing that US buyout fundraising activity increased in Q2-2019 by more than 10% reaching its highest quarterly volume. The fundraising activity coincides with the overall increase in US buyout entry EBITDA pricing multiples that ...

    PRIVATE EQUITY WIRE
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    /news-article.aspx?ID=71017101

    HKW PORTFOLIO COMPANY FRESH DIRECT PRODUCE ACQUIRES ISLANDS WEST

    Sep 12, 2019

    Fresh Direct Produce, a portfolio company of middle market private equity firm HKW, has acquired Islands West Manufacturing (Islands West). Financial terms of the transaction have not been disclosed.   Founded in 1995 and headquartered in Victoria, British Columbia, Islands West is a famil...

    PRIVATE EQUITY WIRE
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    /news-article.aspx?ID=70987098

    PAPPAS CAPITAL, AN INVESTOR IN EARLY-STAGE LIFE SCIENCES COMPANIES, HAS APPOINTED ALEX ARFAEI AS A PARTNER OF PAPPAS VENTURES.

    Sep 11, 2019

    Arfaei will be responsible for helping to identify and evaluate investment opportunities for the firm’s venture capital business. Previously, he served as a Managing Director with BMO Capital Markets, where he was a senior equity research analyst covering major pharmaceutical and biotechnology...

    PRIVATE EQUITY WIRE
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    /news-article.aspx?ID=70957095

    LOVELL MINNICK PARTNERS RAISES USD1.28BN FOR FIFTH FUND

    Sep 10, 2019

    Private equity firm Lovell Minnick Partner has completed fundraising for Lovell Minnick Equity Partners V LP (Fund V) at USD1.28 billion. Fund V, which was oversubscribed, exceeded its USD1 billion target and achieved its hard cap. Lovell Minnick secured commitments to Fund V from a diverse group of...

    PRIVATE EQUITY WIRE
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    /news-article.aspx?ID=70927092

    GOOD CAPITAL LAUNCHES TO CLOSE THE FUNDING GAP FOR EARLY-STAGE INDIAN STARTUPS

    Sep 09, 2019

    Rohan Malhotra and Arjun Malhotra left their jobs in London and Silicon Valley to explore opportunities in India in late 2013. A year later, the brothers launched Investopad to connect with local startup founders and product managers and built a community to exchange insight. Somewhere in the journe...

    TECHCRUNCH
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    /news-article.aspx?ID=70857085

    U.S. STOCKS HOLD GAINS AS FED'S POWELL SPEAKS: MARKETS WRAP

    Sep 06, 2019

    Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. U.S. stocks held onto slight gains, while Treasuries edged higher as comments by Federal Reserve Chairman Jerome Powell did little to alter the view the central bank will cut rates in two weeks. The dollar ...

    INVESTING.COM
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    /news-article.aspx?ID=70827082

    EDISON PARTNERS LEADS USD10M GROWTH INVESTMENT IN HEALTH RECOVERY SOLUTIONS

    Sep 05, 2019

    Edison Partners has led a USD10 million investment in Health Recovery Solutions (HRS), a market leader in remote patient monitoring. The funds will be used to accelerate the company’s go-to-market capabilities and augment its best-in-class technology platform within the USD12 billion telemedic...

    PRIVATE EQUITY WIRE
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    /news-article.aspx?ID=70797079

    BIGTINCAN TAKES AIM AT REVENUE ENABLEMENT WITH ASDEQLABS ACQUISITION

    Sep 05, 2019

    Bigtincan (ASX:BTH), the leader in mobile, AI-powered sales enablement automation,  today announced the acquisition of AsdeqLabs, whose platform provides support for field-based employees and mobile service capabilities, helping to usher in the next evolution of service enablement and customer ...

    SOURCE
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    /news-article.aspx?ID=70867086

    AUTO LOAN INTEREST RATES STAY BELOW 6% IN AUGUST, ACCORDING TO EDMUNDS

    Sep 04, 2019

    The average interest rate for a new-vehicle loan stayed under 6% for the second month in a row in August, according to the car shopping experts at Edmunds. The annual percentage rate (APR) on new financed vehicles averaged 5.8% in August, compared to 5.8% in July and 6% in June. Edmunds data reveals...

    PRNEWSWIRE
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    /news-article.aspx?ID=70767076

    THRIVEN GLOBAL OBTAINS RM15M CREDIT FACILITY TO FINANCE WORKING CAPITAL NEEDS

    Sep 03, 2019

    Thriven Global Bhd has accepted a RM15 million credit facility from Bank Islam Malaysia Bhd to finance its working capital requirements. In a bourse filing, the group said the one-year credit facility will also be used to help defray expenses from its Klang Valley development projects. In addition, ...

    THE EDGE COMMUNICATIONS SDN
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    /news-article.aspx?ID=70737073

    INVESTORS UP PRESSURE ON BANKS TO RESPECT TRIBAL RIGHTS ON INFRASTRUCTURE DEALS

    Aug 28, 2019

    Wall Street's main indexes opened lower on Wednesday after moves in the U.S. bond market brought back fears of a recession as the U.S.-China trade war drags on. An investor coalition representing more than $2.9tn is increasing pressure on global banks to respect the rights of indigenous peoples ...

    FINANCIAL NEWS
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    /news-article.aspx?ID=70647064

    SATORI CAPITAL INVESTS IN CICERO CAPITAL PARTNERS

    Aug 27, 2019

    Texas-based investment firm Satori Capital has completed a USD30 million investment in Cicero Capital Partners. The investment is part of the Satori XL Partnership Program, which forms strategic acceleration partnerships with talented emerging investment managers that typically have at least a three...

    PRIVATE EQUITY WIRE
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    /news-article.aspx?ID=70617061

    BIGTINCAN NAMED IN GARTNER’S MARKET GUIDE FOR SALES ENGAGEMENT PLATFORMS, MEETING ALL IDENTIFIED CAPABILITIES

    Aug 27, 2019

    Bigtincan (ASX:BTH), the leader in mobile, AI-powered sales enablement automation,  today announced it has been recognized as a Representative Vendor of Sales Engagement Platforms in all of the capabilities defined by Gartner as part of the August 2019 Market Guide for Sales Enablement Platform...

    SOURCE
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    /news-article.aspx?ID=70877087

    U.S. BUSINESS INVESTMENT APPEARS WEAK IN THIRD QUARTER

    Aug 26, 2019

    New orders for key U.S.-made capital goods rose modestly in July while shipments fell by the most in nearly three years, pointing to continued weakness in business investment and a slowdown in economic growth early in the third quarter. Coming against the backdrop of an escalation in U.S.-China trad...

    INVESTING.COM
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    /news-article.aspx?ID=70577057

    MARKETERS SHOULDN’T HAVE TO BE DATA SCIENTISTS

    Aug 20, 2019

    Over the past decade, the rise of Data-Driven Marketing and Account-Based Marketing (ABM) have both followed steep trajectories, and that’s no coincidence. After all, the best ABM programs are the ones built on rich data and insights. However, the meteoric rise of data-fueled ABM has had an un...

    SOURCE
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    /news-article.aspx?ID=70687068

    DEBT INVESTMENT FIRMS SEE GROWTH OF 493 PER CENT OVER DECADE

    Aug 19, 2019

    DEBT investment companies have seen growth of 493 per cent over the last decade and now represent £9.1bn in total assets, according to the Association of Investment Companies (AIC). The total – which is across 31 companies in three sectors of Debt – Direct Lending, Debt – Loa...

    P2P NEWS
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    /news-article.aspx?ID=70517051

    US STOCKS-WALL STREET SET TO BOUNCE AFTER TURBULENT WEEK

    Aug 16, 2019

    Hopes of more official stimulus for the economy and the easing of a bond market rally put Wall Street on track to open sharply higher on Friday, as a bruising week for markets drew to a close. New York’s three main indexes are down at least 2.4% since last Friday, racking up their third consec...

    REUTERS
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    /news-article.aspx?ID=70487048

    NIGERIAN LOGISTICS STARTUP KOBO360 RAISES $30M BACKED BY GOLDMAN SACHS

    Aug 14, 2019

    Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber -like app that connects truckers and companies to delivery services — will use t...

    TECHCRUNCH
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    /news-article.aspx?ID=70447044

    BIGTINCAN RECOGNIZED BY KEY INDUSTRY ORGANIZATIONS AS LEADER IN SALES ENABLEMENT

    Aug 13, 2019

    Bigtincan (ASX:BTH), the leader in mobile, AI-powered sales enablement automation, was presented with the MarTech Breakthrough Award for “Best Sales Enablement Software for SMBs” for the second year in a row. Additionally Bigtincan was recently named a “Sales Automation Solution&rd...

    SOURCE
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    /news-article.aspx?ID=70887088

    APPLE LEADS WALL STREET RALLY AS U.S. DELAYS ON TARIFFS

    Aug 13, 2019

    Wall Street rose on Tuesday after the Trump administration announced a delay on select Chinese import tariffs, bringing buyers back to the equities market in a broad-based rally. Tech shares, led by Apple Inc (O:AAPL), pulled all three major U.S. indexes higher on the news, easing fears over the con...

    INVESTING.COM
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    /news-article.aspx?ID=70377037

    WALL STREET SLIPS AS TRADE WAR STOKES FEARS OF RECESSION

    Aug 12, 2019

    Wall Street's main indexes fell on Monday as protests in Hong Kong added to concerns on the pace of growth in China, already under pressure from the prolonged bout of U.S. trade tensions that have dominated financial markets this year. The three main indexes ended marginally lower last week, wra...

    INVESTING.COM
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    /news-article.aspx?ID=70367036

    NGL ENERGY PARTNERS SELLS REFINED PRODUCTS ASSETS

    Aug 09, 2019

    NGL Energy Partners announced it’s selling TransMontaigne Product Services (Tpsl) and associated assets to an unnamed buyer for roughly $300 million, including equity consideration, inventory and net working capital, Kallanish Energy reports. “NGL continues to focus on its core areas whe...

    KALLANISH ENERGY
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    /news-article.aspx?ID=70337033

    LYFT SAYS IPO LOCK-UP PERIOD WILL END EARLY

    Aug 08, 2019

    Lyft (LYFT) shares wavered during extended trading Wednesday after the company said it would allow company directors and officers to sell their shares at an earlier date than previously scheduled, following the company’s March initial public offering. The announcement came in a securities fili...

    YAHOO
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    /news-article.aspx?ID=70297029

    SNAP TO USE $1B OFFERING FOR WORKING CAPITAL, FUTURE ACQUISITIONS

    Aug 07, 2019

    Looking to raise some additional cash, Snap is proceeding with a private offering of $1 billion in convertible senior notes. The notes will be scheduled to mature in 2026 unless they are repurchased, redeemed, or converted before that date. The self-described "camera company" also plans to...

    MEDIAPOST
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    /news-article.aspx?ID=70257025

    MADISON LOGIC ANNOUNCES ORACLE ELOQUA INTEGRATION

    Aug 07, 2019

    Madison Logic, the leading global account-based marketing (ABM) platform, today announced bi-directional integration with market-leading marketing automation platform Oracle Eloqua. This cutting-edge integration allows B2B marketers to combine best-in-class campaign management tools with Madison Log...

    SOURCE
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    /news-article.aspx?ID=70657065

    CHINESE DRUG DEVELOPER I-MAB BIOPHARMA FILES FOR U.S. IPO

    Aug 02, 2019

    I-Mab Biopharma Co., a Chinese drug developer, has filed confidentially for a U.S. initial public offering as the company works on a private fundraising, according to people with knowledge of the matter. The firm is working with financial advisers on the U.S. share sale that could raise about $200 m...

    BLOOMBERG
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    /news-article.aspx?ID=70217021

    MICROSOFT BECOMES TECH VENDOR FOR WORLD’S FIRST DIGITAL TRADE FINANCE BANK

    Aug 02, 2019

    Anglo-Gulf Trade Bank (AGTB), a new digital trade finance bank, has announced it is working with Microsoft as one of its key technology providers as it begins operations. Microsoft is one of a number of vendors for the bank’s technology stack, more of which will be announced in due course, say...

    GTR
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    /news-article.aspx?ID=70247024

    NEW SME DEBT FINANCE PLATFORM FOR COMMERCIAL BROKERS LAUNCHES

    Aug 01, 2019

    The alternative debt finance marketplace’s broker portal will provide instant indicative decisions on loans between £500,000 and £5m. It will also present lenders with applications that match their exact credit policies and eligibility criteria. A single point of contact for broker...

    BRIDGINGAND COMMERCIAL
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    /news-article.aspx?ID=70197019

    CREDIT SUISSE HAILS COST DISCIPLINE AS NET PROFIT JUMPS 45%

    Aug 01, 2019

    Credit Suisse (CSGN.S) posted its highest quarterly earnings in four years on Wednesday, hailing frugal cost management as paying off in a tough environment. Switzerland’s second-biggest bank raised earnings 45% in the second quarter through June, well beyond expectations, as costs continued t...

    REUTERS
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    /news-article.aspx?ID=70207020

    SPANDANA TO LAUNCH RS 1200 CRORE IPO

    Jul 31, 2019

    Andhra Pradesh-based Spandana Sphoorty Finance Company is likely to become the third micro finance company to list in the local equity market as it plans to raise Rs 1200 crore through an initial public offer (IPO) which will kick off in the first week of August, including an offer for sale by exist...

    ECONOMIC TIMES
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    /news-article.aspx?ID=70157015

    HITACHI CAPITAL BUSINESS FINANCE REPORTS 23% ASSET PORTFOLIO GROWTH

    Jul 31, 2019

    Hitachi Capital Business Finance has grown its total asset portfolio by 23% from last year to £1.3bn according to its annual results for FY18/19. The specialist lender has recorded a 6.4% rise in pre-tax profit to £21.5m and a 600% increase in stocking new business volume, with a total o...

    BRIDGING AND COMMERCIAL
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    /news-article.aspx?ID=70167016

    NOVACYT SEES GOOD SALES GROWTH AMID WORKING CAPITAL CHALLENGES

    Jul 30, 2019

    Clinical diagnostics company Novacyt updated the market on its trading for the six months ended 30 June on Tuesday, reporting that its unaudited revenues in the first half were €7.2m. The AIM-traded firm said that compared well to the restated revenues for 2018 of €6.4m, with strong growth...

    SHARECAST
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    /news-article.aspx?ID=70107010

    STOCKBEAT - MCDERMOTT WARNS INVESTORS TO BRACE FOR LOSS; SHARES CRASH

    Jul 30, 2019

    Engineering and construction company McDermott International slumped to a 15-year low on Tuesday after warning it would swing to an annual loss amid a lack of new business and customer wins. The company cut its guidance, forecasting a $310 million net loss for the full year, compared with a previous...

    INVESTING.COM
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    /news-article.aspx?ID=70117011

    JOY CAPITAL CLOSES $700M FOR EARLY-STAGE INVESTMENTS IN CHINA

    Jul 29, 2019

    Joy Capital, the venture capital firm that has backed Luckin, NIO, Mobike and other investor darlings in China, just raised $700 million for a new fund focusing on early to growth-stage startups. Launched in 2015 by a team of former investors at Legend Capital, the investment arm of PC maker Lenovo&...

    TECHCRUNCH
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    /news-article.aspx?ID=70047004

    SUNNOVA NETS $158 MILLION IN IPO

    Jul 29, 2019

    Sunnova is now entering its first full week as a public company, after an uneven initial public offering (IPO) last week. According to the New York Stock Exchange, the company raised $168 million in its initial public offering, and a regulatory filing on Friday indicates that the company netted $158...

    PV-MAGAZINE
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    /news-article.aspx?ID=70077007

    SUNNOVA RAISES $170M IN FIRST US SOLAR IPO IN YEARS

    Jul 26, 2019

    Shares of residential solar company Sunnova ended their first day of trading on Thursday at $11.25, below their initial price of $12 and well south of a range of $16 to $18 put forward in mid-July. Texas-based Sunnova raised about $170 million, with shares inching upward to $11.60 on Friday morning....

    GREENTECH MEDIA
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    /news-article.aspx?ID=70027002

    LONDON STOCK EXCHANGE IN TALKS TO COMBINE WITH REFINITIV: FT

    Jul 26, 2019

    The London Stock Exchange Group Plc (LSE) (L:LSE) is in talks to combine with financial data analytics and trading platform Refinitiv, the Financial Times reported on Friday, citing people briefed on the matter. A deal could be announced as soon as next week, the Financial Times reported, adding tha...

    INVESTING.COM
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    /news-article.aspx?ID=70037003

    RBI'S NEW WORKING CAPITAL LIMITS TO DISCIPLINE BORROWERS: CRISIL

    Jul 25, 2019

    MUMBAI: The Reserve Bank's newly introduced guidelines curbing working capital limits may lead to better financial discipline, says a report. The RBI 'Guidelines on loan system for delivery of bank credit' will lead to a better assessment of working capital requirements by borrowers, and...

    NEW INDIAN EXPRESS
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    /news-article.aspx?ID=69986998

    FLEXPORT LAUNCHES TRADE FINANCE SOLUTION

    Jul 25, 2019

    Flexport is launching a trade finance solution that it claims will help companies alleviate capital constraints caused by the US-China tariffs. Flexport said that because all client shipments are managed on its digital platform, with data down to the SKU level, it views risk differently than a bank ...

    AIR CARGO NEWS
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    /news-article.aspx?ID=69996999

    BIGTINCAN EXPANDS TECH MARKET PRESENCES WITH ACQUISITION OF VEELO INC.

    Jul 25, 2019

    Bigtincan (ASX:BTH), the leader in mobile, AI-powered sales enablement automation, today announced the acquisition of Veelo Inc., a pioneer in sales enablement, to expand Bigtincan’s presence and offerings in the technology market vertical. The combination of Bigtincan’s solution, design...

    SOURCE
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    /news-article.aspx?ID=70897089

    WALL STREET SLIPS AFTER DISMAL CATERPILLAR, BOEING RESULTS

    Jul 24, 2019

    The benchmark S&P 500 index hovered near record levels on Wednesday as semiconductor stocks rallied on reassuring comments from Texas Instruments on global chip demand and blunted the impact of weak earnings from bellwethers Boeing and Caterpillar. Trade-sensitive Caterpillar Inc (N:CAT) dropped...

    INVESTING.COM
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    /news-article.aspx?ID=69946994

    2019 CONTENT MARKETING AWARD WINNERS & TOP FINALISTS REVEALED

    Jul 24, 2019

    The Content Marketing Institute (CMI) just announced the 85 category winners as well as the finalists for the top seven prizes in the prestigious 2019 Content Marketing Awards. The Content Marketing Awards, produced by the Content Marketing Institute, is the largest and longest-running international...

    SOURCE
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    /news-article.aspx?ID=70407040

    NUMBER OF DEALS IS UP BUT VENTURE CAPITAL FUNDING IN SCOTLAND FALLS

    Jul 23, 2019

    More than £23.8 million of venture capital (VC) was invested into Scottish start-ups in the second quarter of 2019, with the bulk of funds spent on technology and healthcare businesses. The research for KPMG’s Venture Pulse survey shows that deal volume is up while funding value is down ...

    INSIDER PUBLICATIONS LTD
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    /news-article.aspx?ID=69936993

    WALL STREET GAINS AS EARNINGS SEASON GATHERS STEAM

    Jul 22, 2019

    The S&P 500 climbed toward a record high on Monday, supported by expectations of lower interest rates, while investors awaited quarterly earnings from marquee companies Facebook, Alphabet and Amazon later this week. Facebook Inc (O:FB) rose 1.6% ahead of its report after the bell on Wednesday, w...

    INVESTING.COM
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    /news-article.aspx?ID=69886988

    LIVONGO EXPECTED IPO PRICING RAISED, BOOSTING MARKET CAP TO $2.31 BILLION

    Jul 22, 2019

    Livongo Health Inc. LVGO, +0.00% said Monday that the expected pricing range of its initial public offering was raised to $24 to $26 a share from $20 to $23 a share. The digital-health startup is still offering 10.7 million shares, which would now be valued $278.2 million. The increased pricing also...

    MARKETWATCH
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    /news-article.aspx?ID=69916991

    NAMASTE TECHNOLOGIES REPORTS $63.3M IN POSITIVE WORKING CAPITAL

    Jul 19, 2019

    Canadian cannabis technology and e-commerce company Namaste Technologies Inc released its financial report Thursday for the second quarter of 2019. The company reported consolidated revenue of CA$4 million versus CA$4.1 million in the same quarter of 2018. The gross margin for the quarter was unchan...

    BENZINGA
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    /news-article.aspx?ID=69866986

    OWL ROCK’S IPO HIGHLIGHTS A NICHE MARKET’S POTENTIAL

    Jul 19, 2019

    Asset manager Owl Rock Capital Partners launched an initial public offering this week for its $6 billion business development company, highlighting the potential for growth in direct lending markets as institutional investors expand to remote corners of Wall Street for high-yielding fixed income. Th...

    THE WALL STREET JOURNAL
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    /news-article.aspx?ID=69876987

    GERMAN ONLINE BANK N26 VALUED AT $3.5BN AFTER $170M INVESTMENT

    Jul 18, 2019

    N26, the most prominent of a cluster of millennial-targeting European online banks, has raised another $170m from existing investors, putting a value of $3.5bn on a company that says it does not see profitability as a “core metric”. The latest fundraising round includes China’s Ten...

    FINANCIAL TIMES
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    /news-article.aspx?ID=69816981

    MORGAN STANLEY PROFIT BEATS ON WEALTH MANAGEMENT GAINS, LOWER EXPENSES

    Jul 18, 2019

    Morgan Stanley (N:MS) reported a drop in quarterly profit Thursday, hit by lower market activity amid global trade tensions and expectations for U.S. interest rate cuts. It was the last big U.S. bank to report earnings in a quarter that exposed weaknesses in Wall Street's investment bank and tra...

    INVESTING.COM
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    /news-article.aspx?ID=69826982

    TECH IPOS KEEP POPPING AS PHREESIA SURGES 53% IN DEBUT

    Jul 18, 2019

    The popping phenomenon in technology IPOs extended into the second half on Thursday, when health care software developer Phreesia Inc. surged as much as 53% above its offering price. Phreesia’s pop follows ten other initial public offerings that debuted at least 50% above their IPO prices in J...

    BLOOMBERG
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    EBAY EARNINGS BEAT, REVENUE MISSES IN Q2

    Jul 17, 2019

    eBay (NASDAQ:EBAY) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts. The firm reported earnings per share of $0.68 on revenue of $2.69. Analysts polled by Investing.com expected EPS of $0.62 on revenue of $2.68B. That compare...

    INVESTING.COM
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    ANNAI INFRA GETS SEBI APPROVAL TO FLOAT IPO

    Jul 17, 2019

    Annai Infra Developers, an engineering, procurement and construction firm, has received approval from markets regulator Sebi to float its initial public offer (IPO).  The watchdog issued its "observation" letter on Annai Infra Developers' IPO proposal on July 12, 2019, according t...

    ECONOMIC TIMES
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    THE CAPITAL GAINS TAX RULE CHANGE THAT COULD COST ACCIDENTAL LANDLORDS THOUSANDS WHEN THEY SELL UP

    Jul 17, 2019

    Accidental landlords could see their costs spiral by thousands of pounds when they sell their former home after new capital gains tax rules were confirmed by HM Revenue and Customs. Measures announced earlier this year to curb private residence relief for landlords who once lived in their rental pro...

    THISISMONEY.CO.UK
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    ALIBABA SHAREHOLDERS APPROVE STOCK SPLIT THAT COULD BOOST SHARES AHEAD OF REPORTED HONG KONG IPO

    Jul 16, 2019

    Alibaba shareholders voted overwhelmingly in favor of a stock split that the e-commerce giant said could help with further fundraising activities. That stock split, which must come into effect before July 15, 2020, will see one ordinary share split into eight. That would mean the current number of o...

    CNBC
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    CHINA MERCHANTS SHEKOU PLANS $800 MILLION REIT IPO IN HONG KONG

    Jul 16, 2019

    China Merchants Shekou Industrial Zone Holdings Co. is planning an initial public offering of a real estate investment trust in Hong Kong, the city’s first REIT listing in five years, according to people with knowledge of the matter. The company has engaged potential advisers for the share sal...

    BLOOMBERG
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    WILSQUARE CAPITAL RAISES USD190M FROM SECOND PE FUND

    Jul 16, 2019

    WILsquare Capital, a lower-middle market private equity firm, has held a final close on WILsquare Capital Partners Fund II, at USD190 million. The fund’s USD150 million target was significantly oversubscribed within three months of fundraising. Managing Partner Bill Willhite says: “We ar...

    PRIVATE EQUITY WIRE
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    LIVONGO SETS TARGETS ON IPO THAT COULD MORE THAN DOUBLE ITS VALUATION

    Jul 15, 2019

    Livongo Health Inc. kicked off its IPO road show Monday by setting a target range for its upcoming IPO, an offering that could more than double the company's valuation. The Mountain View healthcare technology business plans to raise up to $283 million by selling 10.7 million shares to the public...

    BIZ JOURNALS
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    CHINESE ROBOTICS FIRM CLOUDMINDS FILES US IPO

    Jul 15, 2019

    Chinese cloud-based robotics company CloudMinds Inc. filed for an initial public offering (IPO) on the US stock market, China Daily reported. The company intends to list on the New York Stock Exchange under the ticker symbol “CMDS,” with an expectation to raise up to US$500 million, acco...

    ASIA TIMES
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    CHINA APPROVES TWO IPOS ON SCI-TECH INNOVATION BOARD

    Jul 15, 2019

    China's securities regulator approved the initial public offering (IPO) applications of two companies on the science and technology innovation board. Shanghai Haohai Biological Technology Co., Ltd. and Jiangsu Cnano Technology Co., Ltd. have been approved to be listed on the sci-tech innovation ...

    XINHUA NET
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    IRISH COMPANY UNIPHAR RAISES €150M FROM IPO

    Jul 12, 2019

    Irish pharmaceuticals group Uniphar has raised €150m in its Initial Public Offering (IPO) on the Dublin and London stock exchanges. The company floated at a price of €1.15 on the Euronext Growth Index in Dublin and London’s AIM market. Admission is expected to become effective on 17 ...

    BUSINESS IRISH
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    HEALTH CATALYST SETS IPO TERMS, TO VALUE COMPANY AT UP TO $784 MILLION

    Jul 12, 2019

    Health Catalyst Inc. HCAT, +0.00% disclosed Friday terms for its initial public offering, in which the Salt Lake City-based data and analytics technology services for the health care industry is looking to raise up to $138 million. The company is offering 6 million shares in the IPO, which is expect...

    MARKET WATCH
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    FTSE LOSES STRENGTH WHILE US MARKETS NUDGE AHEAD

    Jul 12, 2019

    The FTSE 100 ended the week on a lacklustre note, slipping back to around the 7,500 level with earlier gains wiped out in afternoon trading. Housebuilders and insurers were in vogue while utilities and drug companies struggled on the blue-chip index. US markets fared better, with the S&P 500 up ...

    STOCK MARKET WIRE
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    FOREX - DOLLAR EXTENDS LOSSES ON FED'S RATE CUT HINTS

    Jul 11, 2019

    The dollar was mostly lower in early trading in Europe Thursday, extending losses made on Wednesday after Federal Reserve Chairman Jerome Powell dropped his clearest hint yet that the central bank will cut interest rates at its next policy meeting at the end of the month. By 3:45 AM ET (0745 GMT), t...

    INVESTING.COM
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    DEALS OF THE DAY-MERGERS AND ACQUISITIONS

    Jul 11, 2019

    The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday A consortium of investors led by European private equity firm Pai Partners SAS submitted a formal cash offer for Dutch food maker Koninklijke Wessanen BSWSc.AS , valuing the company at roughly 885 million e...

    INVESTING.COM
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    GOLD SLIPS, HALTING RALLY, AS INFLATION BEATS FED EXPECTATIONS

    Jul 11, 2019

    It’s all a sense of deja vu and investors in gold aren’t really liking it. Stronger-than-expected U.S. inflation and labor data released Thursday ran contrary to Federal Reserve Chair Jerome Powell’s testimony to Congress that U.S. economic growth was under threat, and hence a rate...

    INVESTING.COM
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    /news-article.aspx?ID=69536953

    UK ECONOMY GROWS MORE THAN EXPECTED IN MAY, HELPED BY AUTOS REBOUND

    Jul 10, 2019

    Britain's economy grew more than expected in May, helped by rebounding car output after Brexit-related shutdowns, but the outlook remains fragile as a new prime minister prepares to take Britain out of the European Union. Overall output grew 0.3% after contracting by 0.4% in April, the Office fo...

    INVESTING.COM
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    CAPITAL DYNAMICS BRINGS THE BIG MONEY TO C&I SOLAR

    Jul 10, 2019

    One of the most significant stories in the energy transition is the move by big capital into solar, wind and energy storage. Over the last few years we’ve seen particularly keen interest in large-scale solar and wind projects, with the result that developers can no longer keep pace with the in...

    PV MAGAZINE
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    DROPS AS FED CHAIR BOOSTS RATE-CUT HOPES

    Jul 10, 2019

    A broad index of world stock markets edged higher on Wednesday while the U.S. dollar fell as comments from Federal Reserve Chairman Jerome Powell bolstered expectations for an interest rate cut from the U.S. central bank this month. MSCI's broadest index of world stocks .MIWD00000PUS rose 0.42%,...

    INVESTING.COM
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    /news-article.aspx?ID=69476947

    LIONBRIDGE WINS EMPLOYEE ENGAGEMENT AWARD FROM THE CONFERENCE BOARD

    Jul 10, 2019

    Lionbridge, the world's most trusted global communications platform, is pleased to announce that it has won the Technology division award for Employee Engagement in the Conference Board's Excellence in Marketing & Communications Awards Program. This prestigious program honors organizatio...

    SOURCE
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    CIBC TO ACQUIRE US INVESTMENT BANKING FIRM CLEARY GULL

    Jul 09, 2019

    CIBC (CM.TO) (CM) announced today that it has reached an agreement to acquire Cleary Gull, a Milwaukee -based boutique investment banking firm specializing in middle market mergers and acquisitions, private capital placement and debt advisory across the United States. This acquisition supports conti...

    YAHOO
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    NYSE TO HELP ISRAEL CREATE SECONDARY TECH STOCK EXCHANGE

    Jul 09, 2019

    Israel and the New York Stock Exchange (NYSE) have begun talks on setting up a secondary stock exchange for high-tech companies in Israel that would compete with venture capital funds. Israel has a bustling technology sector but most start-ups and established companies opt for private sources of fun...

    REUTERS
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    ADC THERAPEUTICS ANNOUNCES FINAL CLOSE OF SERIES E FINANCING EXPANSION

    Jul 09, 2019

    ADC Therapeutics, an oncology drug discovery and development company that specializes in the development of antibody drug conjugates (ADCs), today announced the final close of a $103 million Series E financing expansion, bringing the total gross proceeds of the Series E round to $303 million. The fi...

    YAHOO
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    /news-article.aspx?ID=69376937

    FACEBOOK'S CRYPTOCURRENCY PLAN DRAWS ECB'S IRE ON REGULATION

    Jul 07, 2019

    Financial regulators must act fast to prepare for the push by US tech giants such as Facebook into the financial system, according to European Central Bank Executive Board member Benoit Coeure. “It’s out of the question to allow them to develop in a regulatory void for their financial se...

    INDIATIMES
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    /news-article.aspx?ID=69306930

    FACEBOOK’S LIBRA LACKS FOUNDATIONAL COMPONENTS FOR CRYPTO KEY SECURITY

    Jul 07, 2019

    Recently, Facebook launched Libra with the stated goal of “transforming the global economy.” It’s a lofty aim. However, after a review of the technical documentation describing the Libra protocol and its planned ecosystem, I believe the company left out the foundational components ...

    COINDESK
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    /news-article.aspx?ID=69316931

    BANKING & PSU DEBT MUTUAL FUNDS: GOOD RETURNS COMBINED WITH SAFETY

    Jul 07, 2019

    Debt fund investors usually seek slightly better returns than bank fixed deposits for their immediate needs. However, if this higher return comes at the cost of safety of capital, then it makes no sense. Recently too many bad apples have emerged among debt funds, souring the experience for investors...

    INDIATIMES
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    /news-article.aspx?ID=69326932

    LITECOIN OUTPERFORMS TOP-10 CRYPTOS AHEAD OF AUGUST REWARD HALVING

    Jul 04, 2019

    With the supply of new coins to be halved in less than five weeks, litecoin is outpacing its peers. The fourth-largest cryptocurrency by market capitalization is currently trading at $123, representing 5 percent gains on a seven-day basis, according to data source CoinMarketCap. Meanwhile, bitcoin, ...

    COINDESK
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    /news-article.aspx?ID=69256925

    BRAZILIAN BANK PLANS TO USE TEZOS BLOCKCHAIN FOR STOS WORTH $1 BILLION

    Jul 04, 2019

    BTG Pactual, Brazil’s fifth largest bank, plans to utilize the Tezos blockchain for security token offerings potentially worth $1 billion. For the effort, BTG – also Brazil’s largest standalone investment bank – will team with Dubai-based asset manager Dalma Capital. In a pre...

    COINDESK
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    FUJITSU DEVELOPS BLOCKCHAIN ID TECH THAT SCORES TRUSTWORTHINESS IN TRANSACTIONS

    Jul 04, 2019

    Fujitsu Laboratories has unveiled what it calls “digital identity exchange technology” aimed to increase the security of online transactions. The tech, based on blockchain, makes it possible for individuals and businesses making online transactions to confirm the identity of other partie...

    COINDESK
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    /news-article.aspx?ID=69276927

    COINSQUARE, JUST CASH PARTNERSHIP ENABLES NON-BANK ATM CRYPTO TRANSACTIONS

    Jul 03, 2019

    Coinsquare, a Canadian cryptocurrency trading platform, announced it has bought an eight figure controlling stake in fintech software producer, Just Cash. The acquisition will enable the firm to introduce crypto transactions on traditional, non-bank ATMs in the United States. Just Cash developed a s...

    COINDESK
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    NOW JAPANESE REGULATORS ARE GETTING ANXIOUS ABOUT FACEBOOK’S CRYPTOCURRENCY

    Jul 03, 2019

    Japan’s central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook’s Libra cryptocurrency project. A report from Nikkei Asian Review on Wednesday indicates that the Bank of Japan (BoJ) has concerns that Libra – a planned cryptocu...

    COINDESK
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    CUBA EYES CRYPTOCURRENCY AS SOLUTION TO SANCTIONS, FINANCIAL WOES

    Jul 03, 2019

    Cuba has announced it is considering the use of cryptocurrency in order to bolster its finances. According to a report from SBS-AAP, the country’s Communist government announced on state-run TV that it would potentially use crypto as part of a package aimed to boost incomes for as much as a qu...

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    MINISTRY OF FINANCE: USING CRYPTOCURRENCY AS A MEANS OF PAYMENT WILL BE PROHIBITED

    Jul 02, 2019

    At the same time, during his speech at the conference, Moiseyev noted that “at this stage there are no plans to introduce criminal penalties for mining”. Moiseyev added that the idea of introducing criminal punishment was discussed earlier, but then they came to the conclusion that "...

    THE CRYPTOCURRENCY POST
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    NESTLE ANNOUNCES NEW BLOCKCHAIN INITIATIVE SEPARATE FROM ONGOING IBM PROJECT

    Jul 02, 2019

    Nestlé, the largest food company by revenue, announced a pilot program to track its supply chains using blockchain, according to a company statement. The firm partnered with OpenSC, a blockchain platform, to develop the distributed ledger system which will be separate and distinct from Nestl&...

    COINDESK
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    /news-article.aspx?ID=69156915

    UK REGULATORS APPROVE FIRST CRYPTOCURRENCY HEDGE FUND

    Jul 02, 2019

    Prime Factor Capital was the first crypto hedge fund approved as a full-scope alternative investment fund manager by the Financial Conduct Authority, according to Bloomberg. Though approved by the UK watchdog, the firm will abide by European regulations. Under these guidelines the firm will be allow...

    COINDESK
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    BITFINEX REPAYS TETHER $100 MILLION OF $700 MILLION LOAN

    Jul 02, 2019

    Crypto exchange Bitfinex said Tuesday that it had begun repaying a loan from its sister company Tether. Bitfinex borrowed as much as $700 million from the stablecoin issuer through a line of credit in early 2019, according to legal filings by the New York Attorney General (NYAG)’s office. The ...

    COINDESK
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    /news-article.aspx?ID=69176917

    BLOCKCHAINS.COM FOUNDER BUYS COMMUNITY BANK TO FINANCE CRYPTO DREAMS

    Jul 01, 2019

    Jeffrey Berns, eccentric founder of blockchain incubation and investment firm Blockchains.com, purchased a small community bank in Las Vegas, Nevada in order to secure financing as he manifests his decentralized dreams, according to The Nevada Independent. Berns said his ambitions are incompatible w...

    COINDESK
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    /news-article.aspx?ID=69106910

    AMAZON BRINGS MONEY MANAGEMENT TO PRIME FOR BUSINESSES IN THE UK

    Jul 01, 2019

    Business Prime gives members access to Prime delivery benefits including unlimited one-day, same-day and nominated-day delivery. The new membership also allows customers to visualise spend data and identify money-saving opportunities with ‘Spend Visibility’ and set policies to improve co...

    FINTECH
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    /news-article.aspx?ID=69116911

    CRYPTOCURRENCY BREAKDOWN WITH LOCAL EXPERT

    Jun 30, 2019

    Cryptocurrency is omnipresent in the news and growing in popularity around the world. Facebook is even jumping into the cryptocurrency market. Bitcoin was the first cryptocurrency to receive widespread attention. Now, with Facebook's Libra, it's becoming more likely cryptocurrency will becom...

    KSHB
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    /news-article.aspx?ID=69056905

    BIS STARTS FINTECH HUB AS CENTRAL BANKS LOOK INTO CRYPTO

    Jun 30, 2019

    The Bank for International Settlements is setting up shop to help officials embrace financial technology, who may need to speed up developing their own digital currency. The BIS, which promotes cooperation among the world’s monetary officials, announced on Sunday it was starting an innovation ...

    BLOOMBERG
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    /news-article.aspx?ID=69066906

    BILLIONS TO TRILLIONS: CRYPTO ASSETS AND THE INEVITABILITY OF DIGITIZATION

    Jun 29, 2019

    Ten years after the invention of bitcoin, the general market is starting to realize – with a big push from Facebook – that digital money using blockchain technology is coming. Behind the scenes, the next market is already kicking into gear as it becomes clear to all major players that no...

    COINDESK
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    GOLDMAN SACHS CEO HINTS BANK MIGHT LAUNCH ‘JPM COIN’-LIKE CRYPTO

    Jun 28, 2019

    Goldman Sachs may ultimately take part in the crypto disruption of finance, according to its CEO, David Solomon. In interview with French news source Les Echos on Friday, Solomon said the bank “absolutely’ could follow JPMorgan Chase in launching a cryptocurrency. He further said that Go...

    COINDESK
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    /news-article.aspx?ID=68956895

    VOLKSWAGEN'S TRATON SHARES LIMP ON STOCK MARKET DEBUT

    Jun 28, 2019

    Volkswagen’s (VOWG_p.DE) truck unit Traton (8TRA.DE) (8TRA.ST) made a lackluster start on its market debut on Friday as its shares slipped below their initial public offer price in early trade. The shares opened at their IPO price of 27 euros ($30.75) and then slipped slightly to 26.64 euros a...

    REUTERS
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    TRUMP ADMINISTRATION IN TALKS WITH CRYPTO STARTUP ON ISRAELI–PALESTINIAN PEACE PLANS

    Jun 27, 2019

    The Trump administration has tapped Israeli crypto startup Orbs to develop blockchain solutions for the region’s longstanding political conflicts. The disclosure comes this week from a summit convened by the White House in Bahrain to discuss the Israeli–Palestinian conflict. The New York...

    COINDESK
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    /news-article.aspx?ID=68946894

    ETHEREUM TOKENS TO TRADE ON SWISS STOCK EXCHANGE VIA R3 TECH

    Jun 27, 2019

    Public blockchain tokens will soon be trading on a major securities exchange. Revealed exclusively to CoinDesk, Swiss security token firm BlockState plans to “passport” half a dozen ERC-20 tokens from ethereum, the second-largest public blockchain, to Corda, the private distributed ledge...

    COINDESK
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    /news-article.aspx?ID=68896889

    HDFC PICKS MORGAN STANLEY, BOFAML FOR HDB FINANCIAL SERVICES IPO

    Jun 27, 2019

    HDFC Bank, India’s biggest lender by market value, has picked Bank of America and Morgan Stanley to manage an initial public offering of its non-banking finance unit, people with knowledge of the matter said. The bank plans to sell the shares in HDB Financial Services before March 31 in a deal...

    BUSINESS STANDARD
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    /news-article.aspx?ID=68906890

    ORION MINE FINANCE INCREASES INVESTMENT IN HIGHLAND COPPER

    Jun 26, 2019

    Orion Mine Finance announced that on June 25, 2019, Betelgeuse LLC, a limited liability company managed by Orion Mine Finance Management I Limited (collectively, "Orion"), entered into a transaction agreement (the "Transaction Agreement") with Osisko Gold Royalties Ltd. ("Os...


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    HOUSING FINANCE COMPANIES ASKED TO RAISE CAPITAL ADEQUACY TO 15 %

    Jun 26, 2019

    The public deposits being taken by eligible HFCs are capped at three times of their NOF, according to the notification. Housing finance companies (HFCs) will have to raise their capital adequacy to 15% of their risk-weighted assets by March 2022, from 12% now, the National Housing Bank (NHB) has not...

    FINANCIAL EXPRESS
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    /news-article.aspx?ID=68836883

    OPERA’S BROWSER WITH BUILT-IN CRYPTO WALLET LAUNCHES FOR IPHONES

    Jun 26, 2019

    Users of Android phones and desktop computers have had the option to use Opera’s blockchain-friendly browser for months now, but iPhone owners have been left out of the fun. That’s now changed with the launch of the latest version of Opera Touch for iOS. As per a blog post from the firm,...

    COINDESK
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    /news-article.aspx?ID=68846884

    FUTURES BOUNCE ON TRADE HOPES, MICRON RESULTS

    Jun 26, 2019

    U.S. stock index futures rose on Wednesday after Treasury Secretary Steven Mnuchin said the United States and China were close to reaching a trade deal, with strong results from chipmaker Micron adding to the upbeat mood. “We were about 90% of the way there (with a deal) and I think there&rsqu...

    REUTERS
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    /news-article.aspx?ID=68856885

    OVER 2,000 INVESTORS BACK KRAKEN CRYPTO EXCHANGE’S $13 MILLION CROWDFUNDING

    Jun 25, 2019

    Regulated spot and futures crypto exchange Kraken has completed a $13.5 million round of financing on Bnk To The Future (BF), an online investment platform. With 2,263 participants, the campaign also represents BF’s most successful funding round by individual donors. The exchange sought the ca...

    COINDESK
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    /news-article.aspx?ID=68796879

    FACEBOOK’S LIBRA CRYPTOCURRENCY: BAD FOR PRIVACY, BAD FOR COMPETITION

    Jun 25, 2019

    Allowing Facebook to mint its own coin, the Libra, would turn it into the greatest anti-competitive trust case in history. It would make the early 20th century Morgans or Rockefellers seem downright competitive. Even before it unveiled its vision for a global cryptocurrency this month, Facebook was ...

    COINDESK
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    /news-article.aspx?ID=68816881

    SWIFT GIVES BLOCKCHAIN PLATFORMS ACCESS TO ‘INSTANT’ GPI PAYMENTS FOLLOWING R3 TRIAL

    Jun 24, 2019

    Global interbank messaging giant SWIFT has revealed it will allow blockchain firms to make use of its Global Payments Innovation (GPI) platform for near real-time payments. In a report published late last week, SWIFT said that, following a successful proof-of-concept with R3’s Corda platform, ...

    COINDESK
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    /news-article.aspx?ID=68806880

    WHILE FINANCIAL EXECS AWAIT AMAZON ‘INVASION,’ ONLINE GIANT PARTNERS ON

    Jun 24, 2019

    For a bit over a year now, on the strength of a whisper and an article in The Wall Street Journal, bankers and credit union executives have been among those on Amazon watch, wondering anxiously whether and when the ecommerce company would close the loop and launch its own bank, or its own checking a...

    THE FINANCIAL BRAND
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    /news-article.aspx?ID=68696869

    MANATT ADDS FORMER FINANCIAL SERVICES REGULATOR AS ADVISER

    Jun 24, 2019

    Manatt, Phelps & Phillips has hired Jan Lynn Owen, a former commissioner of the California Department of Business Oversight, as a senior adviser for the firm’s financial services group. Owen, who expects to start at the firm July 15, will split her time between its Sacramento and San Franc...


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    /news-article.aspx?ID=68716871

    SUNTRUST BANK GOES FINTECH WITH ONLINE LENDING FROM LIGHTSTREAM

    Jun 23, 2019

    Online lending is the future. Everybody knows that. It is easier, faster, and more convenient for both lender and borrower. Over the past decade or so, a good number of direct lenders, be they balance sheet, marketplace or other, have cropped up to service the needs of both consumers and small busin...


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    /news-article.aspx?ID=68706870

    HONG KONG HAS SUDDENLY TURNED INTO WORLD'S BEST STOCK MARKET

    Jun 21, 2019

    Central banks have helped supercharge a rebound in Hong Kong stocks.The Hang Seng Index jumped 5% this week, beating all other 93 major benchmarks tracked by Bloomberg. That’s its best weekly rally since early November. The Hang Seng Enterprises Index was a close second, adding 4.8%. The Hong ...

    BLOOMBERG
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    /news-article.aspx?ID=68666866

    CANADA’S FINANCIAL MARKETS ARE STUNTING OUR GROWTH AND UNDERMINING OUR FUTURE

    Jun 20, 2019

    The European Union and China recently tabled extensive proposals for sustainable finance that will jump-start their clean innovation. While the world is moving forward, the United States is turning inwards and backwards. How Canadian industry reacts to Canada's Expert Panel on Sustainable Financ...

    NASDAQ
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    /news-article.aspx?ID=68676867

    MIAMI TARGETS CHICAGO'S FINANCIAL FIRMS

    Jun 20, 2019

    The weather is one thing, taxes are another in this Florida city's bid to lure Chicago businesses south. For Chicago businesses leaders tired of the city’s dreary weather and/or worried about new Illinois taxes, Miami is calling. Representatives of the Miami Downtown Development Authority ...

    CHICAGOBUSINESS
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    /news-article.aspx?ID=68686868

    ITALY’S BANKING SECTOR WILL BOOST RECONCILIATIONS WITH BLOCKCHAIN

    Jun 20, 2019

    The Italian Banking Association (ABI) will deploy blockchain technology to run reconciliations beginning March 2020, Finextra reported. The first use of the blockchain among Italy’s banks will integrate distributed ledger technology in interbank processes to accelerate settlements. The move is...

    COINDESK
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    /news-article.aspx?ID=68606860

    J.P. MORGAN LAUNCHES DIGITAL CROSS-BORDER PAYMENT SOLUTION IN CHINA

    Jun 20, 2019

    J.P. Morgan has launched its E-Customs Payment Solution, making it the first foreign bank in China to offer a solution that fully digitises and automates cross-border payments of goods. Importers in China are required to provide supporting documents to their banks prior to making payments to oversea...

    ASSET SERVICING TIMES
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    /news-article.aspx?ID=68616861

    US STOCK MARKET OVERVIEW – STOCKS RISE ON FED DOT PLOT CHANGE

    Jun 20, 2019

    Stocks rallied following the Fed decision to keep interest rates unchanged. The Fed altered their forecast, and now expect rates to move lower during the balance of 2019. US crude oil inventories declined more than expected, keeping prices buoyed. The drop in the US dollar also kept energy prices el...

    FXEMPIRE
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    /news-article.aspx?ID=68636863

    WALL STREET TAKES ON LONG-TERM CARE PAYOUTS AS INSURERS BALK AT COSTS

    Jun 19, 2019

    Some U.S. insurers are turning to Wall Street’s financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved. These policies help support the provision of care t...

    REUTERS
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    /news-article.aspx?ID=68556855

    AGENCIES SEE GROWTH IN CONTENT MARKETING BUSINESS

    Jun 19, 2019

    Agencies are banking on content marketing. That’s the key finding in the newly released Content Marketing Institute 2019 Agency Survey. This inaugural research looks at how full-scope agencies, as well as specialized agencies, are doing content marketing for clients, how well it’s workin...

    SOURCE
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    DEMOCRATS, REPUBLICANS VOTE UNANIMOUSLY TO PASS FLOOD INSURANCE REFORMS

    Jun 18, 2019

    In a rare show of unity, Democrats and Republicans on the Financial Services Committee of the U.S. House of Representatives voted unanimously to pass a five-year extension to the National Flood Insurance Program that includes a mandate to improve the nation’s flood maps. The bill provides $500...

    HOUSINGWIRE
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    WISE MPAY PARTNERS WITH JELURIDA TO LAUNCH BLOCKCHAIN FINANCIAL SERVICES PLATFORM IN SOUTHEAST ASIA

    Jun 18, 2019

    Singapore-based global payments technology company, Wise MPay, are working with renowned blockchain experts, Jelurida, to launch a public-permissioned blockchain financial services (BFS) platform. With KPMG research showing 27% of Southeast Asians own a bank account while local mobile connections ou...

    PRNEWSWIRE
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    AMARIN STOCK POISED FOR EVEN MORE GAINS

    Jun 18, 2019

    Shares of Amarin Corporation plc (AMRN), a pharmaceutical company focused on heart diseases, are up more than 500% in the past 10 months. This major move is setting up for the stock to remain volatile in the coming weeks, and that means there will be great trading opportunities on this stock. Since ...

    INVESTOPEDIA
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    RHODE ISLAND LOOKS TO ADOPT BLOCKCHAIN FOR GOVERNMENT USE

    Jun 14, 2019

    Rhode Island issued a request for proposals aimed at exploring the viability of blockchain technology to improve state operations. This comes on the heels the state relaxing certain security laws for blockchain businesses. Is the second-most dense state by population looking to become a hub for the ...

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    BRD PARTNERS WITH WYRE TO BUILD BANK TRANSFER WALLET FEATURE

    Jun 13, 2019

    BRD, a mobile wallet company, announced today that US customers are now able to purchase bitcoin, ethereum, and Dai using bank transfers. This feature is supported through a partnership with Wyre, a blockchain payments provider, and over 1,700 US banks. Company representative Spencer Chen expects th...

    COINDESK
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    CENTRAL EUROPEANS ARE BEGINNING TO WAKE UP TO CRYPTOCURRENCY PAYMENTS

    Jun 13, 2019

    BitBay, a Katowice-based cryptocurrency exchange, released a survey of Polish cryptocurrency users in an attempt to “create a portrait of this community.” The answers may astound. The central questions asked in the survey are: who uses cryptocurrencies… and how? At this point, it ...

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    /news-article.aspx?ID=68496849

    SQUARE HIRES EX-GOOGLE DIRECTOR AS FIRST MEMBER OF NEW CRYPTO TEAM

    Jun 12, 2019

    Payments company Square has hired former Google director Steve Lee as the first member of its new crypto team. A Square Twitter account teased the news Wednesday afternoon without specifying what Lee’s role at the company would be. A spokesperson for Square declined to comment. The maker of th...

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    TEZOS FOUNDATION SNAGS FORMER PWC BLOCKCHAIN EXPERT AS CFO

    Jun 12, 2019

    Tezos Foundation, a non-profit, educational wing of the smart contract and Dapp platform, announced Roman Schnider, co-creator of PricewaterhouseCoopers Switzerland’s blockchain initiative, to supercede Eelco Fiole as Chief Financial Officer. Schnider’s appointment to the Zug based firm ...

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    INSURER L&G USES AMAZON BLOCKCHAIN SERVICE FOR PENSION DEALS

    Jun 12, 2019

    A U.K. insurer has turned to Amazon’s services to launch what it claims is the first blockchain system for bulk pension deals. According to a Reuters report Wednesday, Legal & General, a U.K.based multinational financial services company, has said it will use Amazon Web Services’ (AW...

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    METACO OFFERING CRYPTO CUSTODY INSURANCE VIA GIANT BROKER AON

    Jun 11, 2019

    Aon, the world’s second-largest insurance broker by revenues, has lined up a panel of insurers to provide cryptocurrency coverage for clients of Metaco, a digital asset custody technology firm. Announced Tuesday, this group of mostly European insurers (none of whom were named) will offer a cri...

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    JP MORGAN'S 180 ON ITS STAND-ALONE DIGITAL BANK UNDERSCORES THE ADOPTION CHALLENGES FACING CRYPTO

    Jun 11, 2019

    JP Morgan is one of the largest, oldest, and most prestigious banks in the world. However, it does not let its pride get in the way of abandoning an initiative that had little chance of success, and that is what it did this week when it rolled up its stand-alone digital bank Finn. Announced to much ...

    FORBES
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    ONLINE BANKING IS CHANGING THE WAY CANADIANS MANAGE MONEY: CAN SCOTIABANK (TSX:BNS) CASH IN ON THIS TREND?

    Jun 11, 2019

    Canadians are changing the way they bank. A recent survey conducted by Abacus Data on the banking habits of Canadians found that 88% of Canadians used online banking in the last year. Over 50% said that online banking is now their most common banking method. It’s a race to see which Canadian b...

    YAHOO INDIA
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    CRYPTO FRIENDLY DIGITAL BANK ARIVAL ACCEPTING INVESTMENT RESERVATIONS ON SEEDINVEST FOR UPCOMING CROWDFUNDING ROUND

    Jun 11, 2019

    Arival will be a crypto-friendly bank – unlike most traditional banks in the United States which tend to be crypto-averse. The bank was founded on the notion that banks in many places around the world are closing accounts of crypto-related businesses as they are fearful of any collateral ramif...

    CROWDFUND INSIDER
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    MPC EXPLAINED: THE BOLD NEW VISION FOR SECURING CRYPTO MONEY

    Jun 10, 2019

    Advances in cryptography are converging to help developers bring blockchain applications closer to the core decentralizing principles on which this technology is founded. Inventions such as atomic swaps, zk-SNARKS and Lightning-based smart contracts are allowing developers to realize the dream of tr...

    COINDESK
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    /news-article.aspx?ID=68276827

    DIGITAL BANKING SERVICES VERITRAN ANNOUNCES U.S. EXPANSION

    Jun 10, 2019

    VeriTran, a company that is looking to transform digital banking through its low-code platform, announced last week its official business expansion into the U.S with the opening of its Miami, Florida and New York offices. Founded in 2005, the company reported that its low-code platform allows users ...

    CROWDFUND INSIDER
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    /news-article.aspx?ID=68326832

    MANULIFE LAUNCHES DIGITAL BANKING PACKAGE WITH FREE AMAZON PRIME OFFER

    Jun 10, 2019

    Manulife launched their new All-In Banking Package today, which says allows Canadians to sign up for “4 products in 4 minutes,” via their mobile app, in a new offering targeting millennial customers. The package offers a savings account, everyday no-fee chequing account, cash back credit...

    CA
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    /news-article.aspx?ID=68336833

    WHAT FACEBOOK'S CRYPTOCURRENCY MEANS: 6 PREDICTIONS

    Jun 09, 2019

    What does Facebook’s new cryptocurrency mean? According to news reports, Facebook will shortly launch Libra, a global cryptocurrency available to users of its suite of platforms (including Messenger and WhatsApp). Presumably any merchant with an account on these platforms could transact in the...

    FORBES
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    /news-article.aspx?ID=68286828

    2 WARREN BUFFETT STOCKS TO BUY IN JUNE

    Jun 09, 2019

    If you're looking for new investment ideas, you could do a lot worse than scour the holdings of Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B). A $1,000 investment in Berkshire Hathaway in 1965 -- the year Buffett took over the reins of the once struggling textile mill -- wo...

    FOOL
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    PLATFORM GROUP RAISES $1.5M LED BY MARS IAF & BLINDSPOT

    Jun 06, 2019

    Platform Group Limited “Platform”, a capital markets financial technology company, announced the closing of a $1.5 million seed financing round. The round was led by MaRS Investment Accelerator Fund (IAF), co-led by Blindspot Inc. and included other strategic and professional investors.T...

    YAHOO FINANCE
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    /news-article.aspx?ID=68236823

    WINTRUST FINANCIAL CORPORATION ANNOUNCES PLANS TO ACQUIRE STC CAPITAL BANK

    Jun 05, 2019

    Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) today announced the signing of a definitive agreement to acquire STC Bancshares Corp. (“STC”).  STC is the parent company of STC Capital Bank, an Illinois state-chartered bank, which operates five banking offices...

    GLOBENEWSWIRE
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    /news-article.aspx?ID=68246824

    LEADING EUROPEAN ANALYST FIRM OVUM NAMES MADISON LOGIC A “LEADER” IN THEIR REPORT ON ACCOUNT BASED MARKETING

    Jun 05, 2019

    Madison Logic, the leading global account-based marketing (ABM) platform, today announced that Ovum, a market-leading data, research and consulting business headquartered in the U.K., named Madison Logic a “Leader” in the Ovum Market Radar: Account-Based Marketing report. Ovum recognized...

    SOURCE
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    5 OF THE BEST STOCKS TO BUY FOR JUNE

    Jun 03, 2019

    VOLATILITY RETURNED TO the stock market in May, as trade war fears, which had been ebbing for much of 2019, began to flow once more. The S&P 500 fell more than 6% in the month as talks between the U.S. and China took a marked turn for the worse and President Donald Trump ramped up protectionist ...

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    MEXICO IS GETTING EIGHT NEW CRYPTOCURRENCY EXCHANGES

    Jun 03, 2019

    The company Amero-Isatek announced that it will open its first physical cryptocurrency exchange station in Nuevo León, Monterrey on June 21. It will also soon expand into another seven locations across Mexico. Amero-Isatek estimates that it will server over 800,000 cryptocurrency users in Cen...

    COINDESK
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    /news-article.aspx?ID=68206820

    5 CRYPTO ASSETS WITH MAJOR PUMP-WORTHY CATALYSTS IN Q3

    Jun 02, 2019

    The second half of the 2019 blockchain calendar is filled with prominent development landmarks for several crypto market heavyweights Either because of bullish cryptocurrency investor speculation or timely manipulation, these events often coincide with robust price pumps for the coins involved. A re...

    CCN
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    /news-article.aspx?ID=68156815

    BEST CRYPTOCURRENCY TO INVEST IN 2019 – XRP, BINANCE COIN, LITECOIN AMONG TOP COINS TO WATCH OUT FOR

    Jun 02, 2019

    The competition in the digital currency market is on the high side at the moment. Many digital currencies are fighting for the position of the best cryptocurrency 2019. Many digital asset investors are now finding it to choose the best cryptocurrency to invest in 2019. While the search for the best ...

    SMARTEREUM
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    /news-article.aspx?ID=68166816

    AUSTRALIAN SECURITIES WATCHDOG UPDATES GUIDANCE ON ICOS AND CRYPTO ASSETS

    May 30, 2019

    The Australian Securities and Investments Commission (ASIC) has issued updated regulatory guidance for businesses involved with ICOs and crypto assets. Announced Thursday, the guidance details the legal obligations for cryptocurrency firms under the country’s Corporations Act, the ASIC Act and...

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    /news-article.aspx?ID=68116811

    THREE OF IRELAND’S ‘BIG FOUR’ BANKS USING BLOCKCHAIN TO VERIFY STAFF CREDENTIALS

    May 30, 2019

    Three of Ireland’s “Big Four” banks are using blockchain tech to verify employees’ credentials. The Bank of Ireland, AIB and Ulster Bank are using a blockchain solution from Deloitte for the pilot initiative, news outlet Fora reported Thursday. The solution, said to be the &l...

    COINDESK
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    /news-article.aspx?ID=68126812

    PROJECT LIBRA: EVERYTHING WE KNOW ABOUT FACEBOOK’S CRYPTOCURRENCY

    May 29, 2019

    The world’s biggest social media company appears dead-set on launching its own cryptocurrency. Facebook has yet to announce plans publicly but media reports on its crypto ambitions have emerged over the past six months, painting a partial picture of how the social network wants to capitalize o...

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    /news-article.aspx?ID=68076807

    IN FIRST, TEZOS BLOCKCHAIN ACTIVATES UPGRADE BY TOKEN HOLDER VOTING

    May 29, 2019

    The Tezos blockchain has officially been upgraded. In a first for Tezos, two separate backwards-incompatible changes have been activated on the network after three months of on-chain voting by stakeholders. The Tezos self-amendment process which began for this first time back in February came to a c...

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    /news-article.aspx?ID=68086808

    27-YEAR-OLD SEARCH MARKETING CEO LANDS 13-STOP U.S. SPEAKING TOUR

    May 29, 2019

    Garrett Mehrguth, the CEO and co-founder of the B2B and enterprise search marketing agency, Directive, recently was selected to speak at 13 stops of the Digital Summit tour. Digital Summit, the largest conference series in the digital marketing industry, has invited Mehrguth to share his unique pres...

    SOURCE
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    /news-article.aspx?ID=68746874

    TEST NEWS FOR ALL PUBSITES

    May 28, 2019

    Test News for all pubsitesTest News for all pubsitesTest News for all pubsitesTest News for all pubsitesTest News for all pubsitesTest News for all pubsitesTest News for all pubsitesTest News for all pubsitesTest News for all pubsites

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    STRONG US CONSUMER CONFIDENCE LIFTS US STOCKS

    May 28, 2019

    Traders eased back in after the long weekend, with the both the FTSE and the pound failing to make any meaningful moves. The FTSE gave up earlier gains, hugging the flatline for the rest of the session. Not even a move higher on Wall Street for the open was sufficient to coax the FTSE out of its ran...

    FXSTREET
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    US STOCKS GIVE UP MOST EARLY GAINS, TECH STOCKS HIGHER

    May 28, 2019

    Investors appeared to turn cautious Tuesday as U.S. stocks relinquished most of an early gain on Wall Street. Stocks were just about evenly split between gainers and losers in the S&P 500, with technology and communications companies leading the gains. Adobe rose 1.9%, Facebook added 1.2% and Al...

    WASHINGTON POST
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    S.KOREA STOCKS TRACK WALL STREET HIGHER ON TRADE OPTIMISM

    May 27, 2019

    South Korea's KOSPI stock index edged higher on Monday, in line with Wall Street as trade comments by U.S. President Donald Trump assuaged concerns among investors. The Korean won strengthened, and the benchmark bond yield also rose. The Seoul stock market's main KOSPI was up 3.56 points, or...

    REUTERS INDIA
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    /news-article.aspx?ID=67946794

    RESEARCHER DISCOVERS SERIOUS VULNERABILITY IN PAPER CRYPTO WALLET SITE

    May 27, 2019

    A security researcher from MyCrypto.com, Harry Denley, has posted a detailed – and damning – analysis of paper wallet site WalletGenerator.net. The core of the analysis hinges on WalletGenerator’s original open-source code, available here. Until August 17, 2018 the online code matc...

    COINDESK
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    /news-article.aspx?ID=67986798

    YAHOO JAPAN-BACKED CRYPTO EXCHANGE TAOTAO LAUNCHES THIS WEEK

    May 27, 2019

    A new crypto exchange platform in which Yahoo Japan owns a major stake is about to launch after over a year in development. The new platform, called Taotao, announced on Twitter Sunday that it will go live on Thursday, May 30, at midday local time. According to the Taotao website, the exchange will ...

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    /news-article.aspx?ID=67996799

    BILLIONAIRE ELON MUSK SHOULD TURN SPACEX STOCK INTO A CRYPTOCURRENCY

    May 26, 2019

    Elon Musk might be burning through cash as he seeks to steady the teetering Tesla ship, but hedge funder Mike Novogratz hinted that he would be first in line to invest in his fellow billionaire’s other high-profile project, SpaceX. If SpaceX ever launched its stock on a cryptocurrency network,...

    REUTERS INDIA
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    /news-article.aspx?ID=67956795

    FACEBOOK REVEALS PLANS OF LAUNCHING ITS CRYPTOCURRENCY ‘GLOBALCOIN’ IN 2020

    May 24, 2019

    As per the latest reports doing the rounds since today morning, Facebook is all set to introduce its own digital currency next year. The crypto referred to as ‘GlobalCoin,’ is most likely to hit the market in the 1st quarter of 2020 officially. If everything goes according to the social ...

    CRYPTONEWSZ
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    /news-article.aspx?ID=67906790

    SECURITY TOKEN PLATFORM ISTOX ADMITTED TO CENTRAL BANK SANDBOX

    May 24, 2019

    Operating within the sandbox since the start of this month, iSTOX is now onboarding its first batch of issuers and investors to enable trading of digitized securities on its platform from Q4 of this year, the firm announced in a Medium post Friday. The platform aims to more into full operation by ea...

    COINDESK
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    /news-article.aspx?ID=67916791

    6SENSE LAUNCHES ACCOUNT-BASED EXTERNAL MEDIA CAMPAIGNS ANALYTICS

    May 23, 2019

    Today 6sense, a leading Account Based Orchestration Platform, powered by AI, announced its External Media Campaigns feature. This capability extends 6sense's ability to track digital media campaigns launched on non-6sense platforms for use in account segmentation within the 6sense platform, and ...

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    /news-article.aspx?ID=69696969

    6SENSE LAUNCHES ACCOUNT-BASED EXTERNAL MEDIA CAMPAIGNS ANALYTICS

    May 23, 2019

    Today 6sense, a leading Account Based Orchestration Platform, powered by AI, announced its External Media Campaigns feature. This capability extends 6sense's ability to track digital media campaigns launched on non-6sense platforms for use in account segmentation within the 6sense platform, and ...

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    /news-article.aspx?ID=69706970

    NEW ZEALAND BLOCKCHAIN GROUP TO REQUEST GOVERNMENT BLOCKCHAIN STRATEGY

    May 22, 2019

    New Zealand-based blockchain industry group BlockchainNZ announced that it will request a national blockchain strategy from the government next Thursday, according to a press release on May 21. The executive director of Blockchain NZ, Mark Pascall, will give a presentation to the New Zealand parliam...

    COINTELEGRAPH
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    BITFURY PARTNERS WITH KAZAKHSTAN-BASED FINANCIAL HUB TO COOPERATE ON BLOCKCHAIN PROJECTS

    May 22, 2019

    Blockchain tech giant Bitfury partnered with major Kazakhstan-based financial hub to apply the technology across multiple industries, local government-backed newspaper The Astana Times reports on May 21. Headquartered in Nur-Sultan, the newly renamed capital of Kazakhstan, the Astana International F...

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    /news-article.aspx?ID=67816781

    FCA HIGHLIGHTS EFFORTS TO PROMOTE INNOVATION IN FINANCIAL SERVICES

    May 22, 2019

    Financial Conduct Authority ("FCA") Executive Director for Strategy and Competition Christopher Woolard highlighted FCA efforts to promote innovation in the financial services industry. In a speech before the Innovate Finance Global Summit in London, Mr. Woolard described some of the FCA&#...

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    SHADOW BANKING ASSETS FAIRLY SMALL BY GLOBAL STANDARDS: FITCH

    May 22, 2019

    Shadow banking assets as a percentage of total financial assets within the country were at 14.3 per cent, in line with the global percentage of 13.7 per cent, a Fitch reports said on Wednesday. The figures assume significance as Indian shadow banking's rapid growth and reliance on short-term fun...

    STANDARD
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    /news-article.aspx?ID=67876787

    4 MAJOR CONCERNS REGARDING THE WHATSAPP CRYPTOCURRENCY BOT

    May 20, 2019

    Contrary to what some news sources may want people to believe, WhatsApp has not decided to integrate support for Bitcoin and altcoins on its own. While that might be a development for the future, it seems more likely Facebook’s own digital currency will be integrated first. That is, assuming t...

    THE MERKLE
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    ETHEREUM-BASED STOCK EXCHANGE PLANS FIRST COMPANY LISTING IN JUNE

    May 20, 2019

    SprinkleXchange, a stock exchange built on ethereum, is reportedly listing its first company next month. Sprinkle Group CEO Alexander Wallin told Bloomberg in an interview published Friday, “We have the luxury of being first with this, but we’re aware that it will become a crowded market...

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    US STOCKS MOVE WIDELY HIGHER AS EARNINGS REPORTS STREAM IN

    May 19, 2019

    As firms started to report their latest effects stocks moved broadly higher in early trading Tuesda Names including Hasbro, Lockheed Martin and Twitter all surprised Wall Street with earnings and strong profit. Analysts are watching corporate reports closely this week since they evaluate if quarter ...

    ROCKLAND REGISTER
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    3 THINGS TO WATCH IN THE STOCK MARKET THIS WEEK

    May 19, 2019

    Stocks dipped for the second straight week last week as both the S&P 500 and the Dow Jones Industrial Average reacted to escalating trade tensions between the U.S. and China. Indexes fell by less than 1% on the week, leaving markets still up by over 10% so far in 2019. Retailing stocks will step...

    FOOL
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    /news-article.aspx?ID=67676767

    RIPIO IS LAUNCHING A CRYPTO EXCHANGE FOR 3 LATIN AMERICAN NATIONS

    May 16, 2019

    Ripio, a startup that’s been working to boost crypto adoption in Argentina, is opening a new exchange platform for three Latin American markets. The exchange will operate in Argentina, Brazil and Mexico, though due to regulatory hurdles, only fixed-price purchases will be available for Mexican...

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    /news-article.aspx?ID=67616761

    OPERA WILL SOON ADD TRON SUPPORT TO ITS IN-BROWSER CRYPTO WALLET

    May 16, 2019

    Opera is working to integrate support for Tron’s TRX and TRC-standard tokens in its browser-based crypto wallet. After the integration of the TRON blockchain is complete, the browser’s over 300 million users worldwide will be able to use the tokens within the browser, Opera said Wednesda...

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    /news-article.aspx?ID=67626762

    BLOCKCHAIN INFRASTRUCTURE FIRM BLOCKSTREAM LAUNCHES SECURITY TOKEN PLATFORM

    May 16, 2019

    Blockchain infrastructure firm Blockstream announced the launch of its security token platform in a press release shared with Cointelegraph on May 15. Per the announcement, the new Liquid Securities platform is a solution for businesses to issue security tokens on the Liquid Network. Blockstream Chi...

    COINTELEGRAPH
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    /news-article.aspx?ID=67576757

    THE 'SINGLE-BEST LEADING INDICATOR FOR STOCKS' IN RECENT HISTORY IS PREDICTING DOOM

    May 15, 2019

    Copper prices are signaling a stock-market sell-off may be brewing.The red metal has been the "single-best leading indicator for stocks over the past 18 months," and is flashing a warning sign for risk assets in general, according to a note put out on Wednesday by Tom Essaye, founder of Se...

    BUSINESS INSIDER
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    /news-article.aspx?ID=67586758

    BITCOIN PRICE CHART SHOWS SIMILAR MOVEMENTS AS IN 2017: WILL HISTORY REPEAT ITSELF?

    May 14, 2019

    Bitcoin (BTC) is currently trading at a price mark above $7000 in the cryptomarket. The bulls have been virtuoso, not degrading the rank Bitcoin has been maintaining since inception. Bitcoin alone is making it big and adding some $25 billion to the overall cryptocurrency market capitalization after ...

    CRYPTONEWSZ
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    /news-article.aspx?ID=67486748

    HERE’S THE NEW CHINA MATH FOR U.S. STOCK MARKET INVESTORS

    May 14, 2019

    President Trump has a new calculation relating to his reelection and China tariffs. The calculation centers around a potential “President Biden.” Many investors have not caught on to the new calculation and may be stuck in the old paradigm. They ought to wake up for their own protection....

    MARKETWATCH
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    /news-article.aspx?ID=67526752

    DIGITAL-FIRST BANKING STRATEGY’S URGENCY GROWS IN INNOVATION RACE

    May 14, 2019

    Marriott's move to compete with Airbnb's platform-based business model should be a wake-up call for banks and credit unions to get serious about digital innovation. Traditional players must disrupt their business model themselves or have new competitors do it for them. Here are seven ways to...

    THE FINANCIAL BRAND
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    /news-article.aspx?ID=67536753

    SOFTBANK SHARES SLIDE ALONG WITH RIDE-HAILING STOCKS

    May 14, 2019

    Shares in Japan’s SoftBank Group have been sliding for three straight days, and closed 5.4 percent lower on Tuesday (May 14), according to a report from Bloomberg. The company had made it a point to illustrate that it was the world’s largest investor in ridesharing companies, but after d...

    PYMNTS
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    /news-article.aspx?ID=67546754

    BACK WITH A BANG: BITCOIN CLIMBS ABOVE $7,000 AS CRYPTOCURRENCY RALLY EXTENDS

    May 13, 2019

    Bitcoin climbed to the highest since September, briefly surpassing $7,000, as a rally in cryptocurrencies gathered pace in trading over the weekend. Bitcoin advanced 11% from Friday to $6,957.73 as of 9:01 a.m. Tokyo time, having earlier hit $7,585, according to Bitstamp pricing. The Bloomberg Galax...

    THE FINANCIAL EXPRESS
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    /news-article.aspx?ID=67406740

    BANKS WAKING UP TO FINTECH THREAT THROW BILLIONS INTO DIGITAL

    May 13, 2019

    Scrappy online financial startups have spent the past few years building buzz, backing and the beginnings of a customer base. For a while, the world’s banking giants largely ignored them. Now they’re starting to feel the heat-and fighting back with the most formidable weapon in their ars...

    THE STAR
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    /news-article.aspx?ID=67416741

    NYM TECHNOLOGIES RAISES $2.5 MILLION TO ANONYMIZE CRYPTO APPS

    May 13, 2019

    A privacy-centric startup has turned to a private token sale to raise $2.5 million. The seed round in Nym Technologies involved NEO Global Capital, Lemniscap, Edenblock and others. Binance Labs, where Nym completed a 10-week incubation program late last year, is also an investor. “Token sales ...

    COINDESK
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    /news-article.aspx?ID=67466746

    NEW BITCOIN ETF FILED AS BTC PRICE EYES $8K

    May 13, 2019

    The price of a single bitcoin is currently approaching $8,000, continuing its stellar start to the year. Bitcoin is up more than 54% this year, and is spurring a handful of new ETF proposals.
    As of 2 pm EST Monday, Bitcoin (BTC) was trading up 11.92% at $7,776.95. Tracking the trend of new Bi...

    ETF TRENDS
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    /news-article.aspx?ID=67476747

    BANK CUSTOMERS HAPPIER USING BRANCH+DIGITAL THAN DIGITAL ONLY

    May 12, 2019

    The ongoing debate over the future of branches in an increasingly digital banking world just got even more complex. Data from J.D. Power & Associates confirms that consumers that conduct their banking only by digital means are actually the least satisfied of all those surveyed. The most satisfie...

    THE FINANCIAL BRAND
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    /news-article.aspx?ID=67396739

    BANK OF AMERICA CONSIDERING EXITING FIRST DATA PARTNERSHIP: PART OF THE PLAN OR FIRST DOMINO?

    May 09, 2019

    The Wall Street Journal reported this morning that Bank of America is considering exiting its partnership with First Data: Bank of America Corp. is considering dissolving the huge payment-processing joint venture it has with First Data Corp. and developing its own business to move money between cons...

    PAYMENTS JOURNAL
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    /news-article.aspx?ID=67286728

    DECATHLON SPORTS OPENS CASHLESS US STORE WITH IPHONE PAYMENT INTERFACE

    May 09, 2019

    A cashless store that accepts cash—no, this is not a typo. That would be giant, French sporting goods retailer Decathlon that opened its first US store in California. Teaming with Boston developer NewStore, Decathlon provides an iPhone-based payment interface for in-store shoppers. While the s...

    PAYMENTSJOURNAL
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    /news-article.aspx?ID=67296729

    OCCIDENTAL PETROLEUM STOCK PLUNGES, BUT S&P 500 RALLIES INTO CLOSE

    May 09, 2019

    The majority of the stocks in the S&P 500 lost ground today as traders attempted to quantify and make adjustments for the uncertain risk they face with the Trump administration's tariff deadline looming at 12:01 a.m. Friday morning. The risk is uncertain because nobody knows if the Trump adm...

    INVESTOPEDIA
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    BLOCKCHAIN FIRM RAISES $6 MLN FROM MAJOR ENERGY COMPANIES, SAUDI ARAMCO SUBSIDIARY

    May 09, 2019

    American blockchain startup Data Gumbo Corp. has raised $6 million from major energycompanies, including the venture wing of Saudi Arabian national petroleum and natural gas company Saudi Aramco. The news was published by energy-focused news outlet Worldoil on May 8. In a Series A equity funding rou...

    COINTELEGRAPH
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    BITCOIN RISES ABOVE $6,000 LEVEL FOR FIRST TIME SINCE NOVEMBER

    May 09, 2019

    The cryptocurrency, which has been on a wild ride that took it above $19,000 in December 2017 and as low as $3,136.04 in December last year, has clawed its way back to the highest level in more than six months. The asset was up 2.5% to $6,048.52 as of 9:46 a.m. in Hong Kong. “Bitcoin’s l...

    BLOOMBERG QUINT
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    /news-article.aspx?ID=67236723

    OVER 50 BANKS, FIRMS TRIAL TRADE FINANCE APP BUILT WITH R3’S CORDA BLOCKCHAIN

    May 08, 2019

    ABN Amro, Standard Chartered, ING and around 50 other banks and companies have participated in tests of a trade finance application called Voltron. The open industry platform was initiated by eight founding member banks with the aim of improving the trade finance process by simplifying letter of cre...

    COINDESK
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    /news-article.aspx?ID=67246724

    BIONTECH SNAPS UP STRUGGLING MABVAX'S LEAD ASSET, LABS, EYEING SAN DIEGO R&D SITE

    May 08, 2019

    German mRNA biotech BioNTech has bought up MabVax Therapeutics’ cancer drug assets alongside much of its infrastructure and labs with the aim of building up a new research hub in San Diego and spreading its geographic reach. BioNTech is already at work on immunotherapies against cancer and oth...


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    /news-article.aspx?ID=67146714

    GILEAD TAKES AIM AT DIABETIC KIDNEY DISEASE WITH $109M GOLDFINCH DEAL

    May 08, 2019

    Three weeks after striking a NASH partnership with Insitro, Gilead is turning its sights to diabetic kidney disease (DKD). In a $109 million deal, Gilead and Goldfinch Bio will use the latter’s Kidney Genome Atlas to identify and validate targets for DKD and “certain orphan kidney diseas...


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    /news-article.aspx?ID=67156715

    INTERVIEW: AS GENE AND CELL THERAPIES GROW, REIMBURSEMENT MODEL NEEDS TO CHANGE

    May 08, 2019

    Although the advent of cell and gene therapies is revolutionizing medicine, it is arguable that the therapies that have been approved to date in this area aren’t living up to expectations. They often come with sky-high prices and healthcare is still adjusting to how to provide access and reimb...


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    /news-article.aspx?ID=67166716

    SWISS STOCK EXCHANGE RULES OUT BITCOIN TRADING

    May 07, 2019

    We all thought… even SIX initially suggested that the platform would include digital currency trading. However, it quickly rephrased itself, stating there was not yet a final decision on whether to include existing non-security tokens. A more solid indication of plans for the SDX came earlier...

    BITCOINIST
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    ORCHID TOPS $43 MILLION RAISED IN TOKEN SALE FOR CRYPTO TOR ALTERNATIVE

    May 07, 2019

    The project behind a blockchain protocol designed to enable private internet browsing has raised another $7 million in funding, CoinDesk has learned. According to the company, Orchid Labs has now raised a total of $43 million on an offered $125 million in a pre-sale of a token that will power its st...

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    /news-article.aspx?ID=67096709

    NEW APP LETS YOU CREATE INSTANT CRYPTO COLLECTABLES

    May 07, 2019

    Whether you’re a crypto cat person or a doge fan, at some point you’re going to want to give crypto collectables a try. A new app called Editional by former Facebook employees John Egan and Zac Morris wants to create a place where you can create – and even sell – your first o...

    COINDESK
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    /news-article.aspx?ID=67106710

    DUST ADDS PHYSICAL PRODUCTS TO THE BLOCKCHAIN

    May 06, 2019

    A new blockchain-powered startup led by three physical scientists promises to paint the world in diamond dust. DUST Identity’s service, known as DUST Ledger, allows users to enroll all manner of physical objects onto a blockchain, the founders claim. The system uses a product called the Diamon...

    COINDESK
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    /news-article.aspx?ID=66966696

    FCC EYES BLOCKCHAIN TO BETTER MANAGE SCARCE WIRELESS SPECTRUMS

    May 06, 2019

    The Federal Communications Commission (FCC) could one day use blockchain to monitor and manage wireless spectrums to support the growing requirements of the internet of things (IoT). With Juniper Research predicting that there will be 50 billion connected IoT devices and sensors by 2022, the agency ...

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    /news-article.aspx?ID=66976697

    PEPSICO BLOCKCHAIN TRIAL BRINGS 28% BOOST IN SUPPLY CHAIN EFFICIENCY

    May 06, 2019

    Food and beverage giant PepsiCo has conducted a blockchain trial that brought a 28 percent boost in supply chain efficiency. Dubbed “Project Proton,” the trial set out to examine if blockchain could address “industry challenges” in programmatic advertising. PepsiCo’s pr...

    COINDESK
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    /news-article.aspx?ID=66986698

    MADISON LOGIC UNVEILS NEW DATA CLOUD TO ACCELERATE ABM FOR B2B ORGANIZATIONS GLOBALLY

    May 06, 2019

    Madison Logic, the leading global account-based marketing (ABM) platform, today announces the launch of the ML Data Cloud, powering cutting-edge ABM to accelerate your pipeline and convert your best accounts faster. With state-of-the-art architecture, rich data, and a robust data gateway, the ML Dat...

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    /news-article.aspx?ID=70707070

    CRYPTO’S POPULARITY AMONGST MILLIONAIRES IS GROWING

    May 05, 2019

    According to the DeVere Group, clients with a net worth of approximately $1 million or more are seeking deeper exposure to cryptocurrency. The ideas of trading, selling and purchasing bitcoin and related digital assets are becoming very attractive, and those with a lot of money in their bank account...

    LIVE BITCOIN NEWS
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    /news-article.aspx?ID=66846684

    BITCOIN IS SETTING NEW STANDARDS FOR 2019

    May 05, 2019

    Recently, Live Bitcoin News reported on a new document submitted by Delphi Digital that suggested bitcoin’s price had officially bottomed out last December and wasn’t likely to fall any further. The report claims: We continue to believe the bottom is in. The one year+ holder rate during ...

    LIVE BITCOIN NEWS
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    /news-article.aspx?ID=66856685

    IOST BLOCKCHAIN CONTINUES ITS DREAM RUN, PARTNERS WITH FISHCHAIN TO DEVELOP A GAMING CRYPTO EXCHANGE PLATFORM

    May 04, 2019

    Cryptocurrencies and blockchain have managed to penetrate the global markets like no other technology could ever do, except maybe the Internet itself. Satoshi Nakamoto created a ground of excellence on which several players have emerged, many fading away, some going on to become iconic.
    In a ...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66866686

    MICROSOFT MAKES JPMORGAN’S QUORUM THE PREFERRED BLOCKCHAIN FOR AZURE CLOUD

    May 02, 2019

    Microsoft will promote JPMorgan Chase’s Quorum blockchain to the global tech giant’s business customers, the companies announced Thursday. The Redmond, Washington-based software firm will support Quorum, JPM’s private enterprise version of ethereum, through Microsoft’s Azure ...

    COINDESK
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    /news-article.aspx?ID=66786678

    LONDON STOCK EXCHANGE WATCHING FOR ‘INTERESTING’ BLOCKCHAIN USE CASES: CEO

    May 02, 2019

    The London Stock Exchange (LSE) is taking a wait-and-see approach when it comes to blockchain, according to its CEO. Nikhil Rathi told CNBC in an interview published Thursday that the LSE has noticed several “interesting” ideas from rival stock exchanges and will see which ones “ga...

    COINDESK
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    /news-article.aspx?ID=66796679

    SQUARE CASH APP “ABSORBING” 10% OF BITCOIN SUPPLY DAILY, 200% PROJECTED BY 2020

    May 02, 2019

    One of the most interesting and advantageous design aspects that pseudonymous creator Satoshi Nakamoto built into Bitcoin, was the “halving” – a pre-programmed point in time in which miners receive a reduced block reward of BTC for confirming transactions on the network. Each halvi...

    NEWSBTC
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    /news-article.aspx?ID=66806680

    CRYPTO MIXED; FINLAND BEGINS REGULATING CRYPTO SERVICE PROVIDERS

    Apr 29, 2019

    Prices of the major cryptocurrencies were mixed on Monday morning in Asia, with Bitcoin gaining a little bit. Important news over the weekend included Finland passing a law to regulate crypto service providers. Bitcoin gained 1.36% to $5,309.4 by 12:02 AM ET (04:02 AM GMT). Despite the little gain t...

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    /news-article.aspx?ID=66736673

    CHAINSECURITY BRINGS OUT FIRST AUTOMATED VERIFICATION FOR ETHEREUM SMART CONTRACTS

    Apr 29, 2019

    The latest update for Ethereum comes from ChainSecurity who recently announced its first fully automated verification for certifying custom functional requirements of Ethereum smart contracts. The newly released verification security is termed VerX by a company of Swiss security experts from ETH Zur...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66746674

    BINANCE DECLARES WINNERS OF CREATIVE LOGO COMPETITION ANNOUNCED EARLIER IN APRIL

    Apr 29, 2019

    Crypto companies have lately been taking inspiration from their traditional counterparts, especially in terms of laying down marketing strategies. The crypto space influencers and leaders mostly include people who are experts on the technical front but at as much effective in marketing, which makes ...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66756675

    AS CRYPTO SPACE IS CRUISING TOWARDS LARGE SCALE MOBILE ADOPTION, BITPANDA LAUNCHES APPLICATION FOR ANDROID USERS

    Apr 29, 2019

    It’s often said that those who survive worst storms are the strongest creatures. Same can be said about crypto markets, after a devastating 2018, the market has moved on and is looking good, especially after Bitcoin ended its six months long losing streak in February this year. Without a shado...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66766676

    LEDGER COULD BE WORKING WITH SEVERAL PHONE MANUFACTURERS TO HELP USERS SECURE THEIR COINS

    Apr 29, 2019

    The cryptocurrency wallet manufacturer Ledger could be working with smartphone manufacturers in order to be able to develop solutions for crypto users. The information was released by the CEO of the company, Pascal Gauthier in an interview with Breaker. Ledger Could Offer Solutions For Smartphones P...

    USETHEBITCOIN
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    /news-article.aspx?ID=66776677

    BITFINEX NEEDS ‘A FEW WEEKS’ TO UNFREEZE FUNDS, CFO TELLS SHAREHOLDER

    Apr 26, 2019

    Two Bitfinex shareholders said they were unconcerned by the New York Attorney General’s allegations that the cryptocurrency exchange lost $850 million of client and corporate funds. Zhao Dong, a Bitfinex shareholder who has tried to reassure the crypto community that the exchange is solvent an...

    COINDESK
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    /news-article.aspx?ID=66586658

    FUNDING APPROVED FOR AUDIT OF ETHEREUM’S PROGPOW MINING PROPOSAL

    Apr 26, 2019

    Ethereum developers announced today that funding has been approved to audit the hotly-contested code change known as Progressive Proof-of-Work or ProgPoW. Since February, developers have been gathering the funds necessary to back a third-party audit of the ProgPoW code. Today, during a weekly meetin...

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    /news-article.aspx?ID=66596659

    CIRCLE’S SEEDINVEST TAKES STEP TOWARD TOKENIZING STOCKS WITH TRADING LICENSE

    Apr 26, 2019

    Equity fundraising platform SeedInvest, which was recently acquired by cryptocurrency startup Circle, can now operate as an alternative trading system (ATS), the companies announced Friday. SeedInvest and Circle said in a blog post that the Financial Industry Regulatory Authority (FINRA), a self-reg...

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    /news-article.aspx?ID=66606660

    DEFI UPSTART DHARMA BROKERS $6.4 MILLION IN CRYPTO LOANS IN FIRST 3 WEEKS

    Apr 26, 2019

    Crypto loan platforms are booming as ether holders look to mitigate portfolio losses endured during 2018’s bear market. Among these decentralized finance (DeFi) applications, San Francisco-based startup Dharma Labs is emerging as one of the industry leaders by facilitating more than $6.4 milli...

    COINDESK
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    /news-article.aspx?ID=66616661

    2015 BITCOIN PRICE RESISTANCE RE-EMERGES AMID BITFINEX CONTROVERSY

    Apr 26, 2019

    Bitcoin’s failure to hold on to the gains above the 50-week moving average, currently at $5,477, could prove costly. A similar rejection in July 2015 was followed by a sharp sell-off. The daily chart is reporting a bearish divergence of the relative strength index, while short-term averages ha...

    COINDESK
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    /news-article.aspx?ID=66626662

    GENESIS LENDS $425 MILLION OF CRYPTO IN Q1 – AND NOT JUST TO SHORT SELLERS

    Apr 25, 2019

    Genesis Global Trading’s cryptocurrency lending arm continues to grow – and diversify beyond short sellers. Announced Thursday, Genesis Global Capital wrote $425 million of crypto loans in the first quarter, bringing its total originations since the business launched in March 2018 to $1....

    COINDESK
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    /news-article.aspx?ID=66486648

    TOP 3 JAPANESE BANK TO ROLL OUT SERVICES ON MARCO POLO BLOCKCHAIN

    Apr 25, 2019

    Sumitomo Mitsui Banking Corporation (SMBC), Japan’s third-largest bank by total assets, will launch blockchain-based trade finance services in the second half of this year. SMBC’s vice chairman Yasuyuki Kawasaki announced the news at a recent fintech seminar in Tokyo, saying that the ban...

    COINDESK
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    /news-article.aspx?ID=66496649

    BLOCKCHAIN 101: THE BUZZWORD OF THE PAST 10 YEARS

    Apr 25, 2019

    If you know a little about cryptocurrencies like Bitcoin and you’ve ever questioned how they work, you’ve probably heard of the term ‘blockchain:’ the technology behind crypto coins. But what exactly is this technology, and what is its impact beyond cryptocurrency? There are ...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66506650

    DECRED (DCR) PRICE ANALYSIS: LISTING IN BINANCE ACTED AS A BREATH OF FRESH AIR FOR THE CRYPTO

    Apr 25, 2019

    Decred (DCR) is an open-source cryptocurrency that is focused on development funding, on-chain governance, and consensus mechanisms. Launched in Feb 2016 by the Bitcoin developers, Decred’s main feature include attention to community input, consensus vote, open management, and stable financial...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66516651

    THE NUMBER OF BITCOIN TRANSACTIONS SLOWLY APPROACHES LATE 2017 BULL RUN LEVELS

    Apr 25, 2019

    Over the past few months, there have been some interesting changes as far as the number of Bitcoin transactions is concerned. After the massive spike taking place between early and late 2017, things have certainly taken a turn for the worse in the months after. This downward spiral also correlates w...

    THE MERKLE
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    /news-article.aspx?ID=66526652

    6SENSE EXPANDS INTEGRATION WITH HUBSPOT FOR HEIGHTENED ACCOUNT BASED ORCHESTRATION

    Apr 25, 2019

    6sense, a leading Account Based Orchestration Platform, powered by AI, announced $27 million in funding. The round was led by Industry Ventures and included participation from existing investors Bain Capital Ventures, Battery Ventures, Costanoa Ventures, Salesforce Ventures, and Venrock. “We b...

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    /news-article.aspx?ID=69716971

    ETHEREUM CLASSIC (ETC) MIGHT HIT THE $8 MARK IN THE FIRST WEEK OF MAY

    Apr 24, 2019

    Ethereum Classic (ETC) is a new and upgraded version of Ethereum. The blockchain was launched after a hacker exploited a loophole on June 17th, 2016, where a total of 3.6 million ETH were stolen worth around $55 million during that time. Aimed to remedy the damages from the hack, Ethereum Classic (E...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66386638

    IS BITCOIN (BTC) ALWAYS GOING TO GIVE SHOCKING SURPRISES?

    Apr 24, 2019

    Can a span of 24 hours do wonders? Not necessarily always. But certainly investors of Bitcoin can gawk at the wonders it creates in a span of 24 hours; anytime and every time. Bitcoin that started its day with crossing a 5600 dollar mark is now swinging around $5500. The oscillations faced in one da...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66396639

    NOW YOU CAN MANAGE BITCOIN GOLD (BTG) WITH COLDLAR HARDWARE WALLETS

    Apr 24, 2019

    The official Twitter handle of Bitcoin Gold has recently posted that the users can now manage their Bitcoin Gold coins with ColdLar Hardware wallets. In the post, BTG touched upon points such as better management, a much more efficient interface for better user experience, ‘high-resolution scr...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66406640

    HUOBI ANNOUNCES REWARD SCHEME FOR DOGECOIN USERS; VERIFIED ACCOUNTS TO RECEIVE 1 DOGE AS SIGN-UP REWARD

    Apr 24, 2019

    In what we can term as a partnership for a cause, Dogecoin and Huobi have come together to extend their support to the Grateful Dogs Rescue. It is an organization based in San Francisco that rescues as well as offers shelter to dogs. Huobi in its official announcement on Twitter dated 23rd April 201...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66416641

    CHAINALYSIS ADDS REAL-TIME TRANSACTION MONITORING FOR 4 MORE CRYPTOS

    Apr 24, 2019

    Blockchain compliance startup Chainalysis has added four more cryptocurrencies to its real-time transaction monitoring tool. The newly supported coins are Binance’s native token Binance Coin (BNB) and three stablecoins – Gemini dollar (GUSD), Tether (USDT) and Circle’s USD Coin (US...

    COINDESK
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    /news-article.aspx?ID=66426642

    BITCOIN CAN BECOME A $5 TRILLION ASSET BY 2024, SAYS ANTHONY POMPLIANO

    Apr 23, 2019

    Currently, Bitcoin’s market capitalization is a little under $100 billion. The current positive run is seeing the top-ranked crypto regaining some of the ground lost during the bear market of 2018. Bitcoin is currently enjoying a resurgence in 2019, up by more than 50 percent since the start o...

    BITCOINIST
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    /news-article.aspx?ID=66286628

    DISNEY COULD SOON OWN OLDEST BITCOIN EXCHANGE IN $13 BILLION EQUITY DEAL

    Apr 23, 2019

    As local news outlet JoongAng Ilbo reported quoted by Korea Herald April 17, Disney is currently one of the major bidders for a 98.6 percent stake in Nexon, South Korea’s largest game developer and the second-largest online games publisher in the world. Nexon is 47 percent owned by NXC, the ch...

    BITCOINIST
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    /news-article.aspx?ID=66296629

    BITCOIN CLIMBS ABOVE 5,545.5 LEVEL, UP 5.00%

    Apr 23, 2019

    Investing.com - Bitcoin rose above the $5,545.5 threshold on Tuesday. Bitcoin was trading at 5,545.5 by 20:04 (14:34 GMT) on the Investing.com Index, up 5.00% on the day. It was the largest one-day percentage gain since Tuesday, April 2, 2019. The move upwards pushed Bitcoin's market cap up to $...

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    /news-article.aspx?ID=66306630

    LIGHTNING LABS LAUNCHES DESKTOP APP ON BITCOIN MAINNET

    Apr 23, 2019

    Lightning Labs, one of the largest bitcoin companies behind the upcoming scaling technology lightning, has released its first desktop app on the bitcoin blockchain. Previously the desktop app worked for bitcoin’s testnet — think fake bitcoins used to try out programs — but this is ...

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    /news-article.aspx?ID=66316631

    BLOCKFI IS NOW PAYING INTEREST ON $53 MILLION OF CRYPTO DEPOSITS

    Apr 23, 2019

    Crypto lending startup BlockFi has gathered another $18 million of bitcoin and ether deposits since last month, bringing its total interest-earning accounts to $53 million. The company also lowered its minimum balance to earn interest on bitcoin from 1 BTC to 0.5 BTC and expanded its operations to I...

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    /news-article.aspx?ID=66326632

    THE REPORT RELEASED BY TUUR DEMEESTER OF ADAMANT CAPITAL REVEALS THAT IT IS A GREAT TIME TO REPURCHASE BITCOIN (BTC)!

    Apr 20, 2019

    Presently, Bitcoin has been high over $5,000 level for the last few days; however, it could not move above $5,350. Tuur Demeester, the co-founder at Adamant Capital, tweeted that his firm has published its research report for bitcoin that demonstrates BTC is by and large heavily cumulated. Adamant C...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66216621

    FACEBOOK: ‘BIGGEST ON-RAMP EVER’ FOR BITCOIN ADOPTION?

    Apr 20, 2019

    Spencer Bogart, a partner at crypto investment firm Blockchain Capital, argued in a new blog post that over the next two years Facebook, Telegram, and stablecoins will create the largest on-ramps to crypto that the Bitcoin industry has ever seen. FACEBOOK & TELEGRAM COULD FUEL RABID CRYPTO EXPAN...

    CCN
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    /news-article.aspx?ID=66226622

    VOLKSWAGEN TO TRACK MINERALS SUPPLY CHAINS USING IBM BLOCKCHAIN

    Apr 19, 2019

    Volkswagen Group has announced it will use blockchain tech to track its mineral supply chains.
    The German automaker said Thursday that, in order to “responsibly source” minerals such as cobalt (used in lithium-ion batteries for electric vehicles), it has joined an open industry co...

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    /news-article.aspx?ID=66196619

    ARAGON VOTE AIMS TO RESTRICT ETHEREUM APP FROM FUNDING POLKADOT BLOCKCHAIN

    Apr 19, 2019

    Two weeks from now, token-holders for the Aragon application will put the efficacy of its on-chain governance model to the test. The Aragon project, launched in 2016, is envisioned as a way to offer users the tools to build decentralized organizations that are secured cryptographically and run nativ...

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    /news-article.aspx?ID=66206620

    OVERSTOCK’S TZERO TOKEN MARKET MISSES CLOSING DATE FOR $100 MILLION RAISE

    Apr 18, 2019

    Overstock’s tZERO security token trading platform has once again failed to close on a capital injection by the targeted date. In a letter to shareholders Thursday, Overstock CEO Patrick Byrne said the $100 million investment led by Makara Capital and GSR Capital that was agreed upon in Februar...

    COINDESK
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    /news-article.aspx?ID=66086608

    COINBASE GENERATED $520 MILLION IN REVENUE LAST YEAR, REUTERS ESTIMATES

    Apr 18, 2019

    Cryptocurrency exchange Coinbase brought in almost $520 million in global revenue in 2018, according to an estimate from Reuters. The news source based the figure on the exchange’s U.K. revenue, which grew 20 percent last year to 153 million euros ($173 million), according to a filing with the...

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    /news-article.aspx?ID=66096609

    UNDERVALUED BITCOIN WILL BE A ‘MULTI-TRILLION DOLLAR ASSET CLASS,’ SAYS ANALYST

    Apr 18, 2019

    Bitcoin’s gains may not be parabolic, but the price is moving steadily higher. With BTC currently hovering at the $5,300 level, the mood around crypto has improved tremendously. Nonetheless, the bitcoin price continues to trade 75% below its peak. A new report by Adamant Capital suggests that ...

    CCN
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    /news-article.aspx?ID=66106610

    BITCOIN PRICE: TEXTBOOK STOCK TRADING INDICATOR FORECASTS 31% RALLY

    Apr 18, 2019

    The bitcoin price could attempt a runup towards $6,800 in the near-term, according to one popular stock trading indicator. BITCOIN ON THE VERGE OF A BUMP-AND-RUN REVERSAL? MDubbed a Bump-and-Run Reversal (BARR), the pattern includes three crucial phases before an asset undergoes a full-blown breakou...

    CCN
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    /news-article.aspx?ID=66116611

    DOGECOIN (DOGE) STARTED AS A MEME, TURNED OUT TO BE THE MOST LIKEABLE CRYPTOCURRENCY

    Apr 18, 2019

    Started with a meme on Shiba Inu – a Japanese breed of dog – Dogecoin (DOGE) came into existence on Dec 6, 2013. Created primarily for digital tipping on sites like Reddit and Twitter for sharing quality content, Dogecoin is secure, decentralized and provide total anonymity. Billy Markus...

    CRYPTONEWSZ
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    /news-article.aspx?ID=66126612

    BRENT NEARS $72 AMID TIGHTENING SUPPLIES; SURPRISE DRAW IN U.S. CRUDE STOCKS

    Apr 17, 2019

    Oil prices rose on Wednesday, supported by concerns over tightening global supply due to U.S. sanctions and fighting in Libya, as well as an unexpected fall in U.S. crude inventories. International benchmark Brent crude oil futures rose 21 cents, or 0.3 percent, to $71.93 a barrel by 0034 GMT. Brent...

    REUTERS INDIA
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    /news-article.aspx?ID=65906590

    ASIA STOCKS MIXED AS CHINA’S ECONOMY GROWS MORE THAN EXPECTED

    Apr 17, 2019

    Stocks in the Asia were mixed in Wednesday afternoon trade, following the release of better-than-expected economic numbers from China. Mainland Chinese shares were higher by the morning session’s end, with the Shanghai composite rising fractionally and the Shenzhen component adding about 0.21 ...

    CNBC
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    /news-article.aspx?ID=65916591

    BLOCKCHAINARMY AND OTHER BIG NAMES SIGN UP TO HELP SET STANDARDS FOR BLOCKCHAIN TECHNOLOGY

    Apr 17, 2019

    More than 100 organizations have come together to promote a global framework for the development of blockchain in a move seen as a turning point in gaining wider acceptance for distributed ledger technology. Well-known companies including Blockchain Army, AB InBev, Accenture, BBVA, Barclays, IBM, De...

    CRYPTONEWSZ
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    /news-article.aspx?ID=65986598

    CRYPTO PRICES RISE; VISA AND COINBASE TO FORM PARTNERSHIP

    Apr 17, 2019

    Cryptocurrencies prices rose on Wednesday in Asia. News that Visa (NYSE:V) and Coinbase are forming a partnership to launch a cryptocurrency card received some attention. According to a Computer World report, the two companies are launching a new “Coinbase card” that would be be linked t...

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    /news-article.aspx?ID=65996599

    ASIA STOCKS ADVANCE AS CHINA’S ECONOMY GROWS MORE THAN EXPECTED

    Apr 17, 2019

    Most Asian stock markets closed higher on Wednesday, following the release of better-than-expected economic numbers from China. Mainland Chinese shares were higher on the day. The Shanghai compositerose 0.29 percent to approximately 3,263.12 and the Shenzhen component added around 0.55 percent to ab...

    CNBC
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    /news-article.aspx?ID=66006600

    ACCENTURE, GENERALI STREAMLINE EMPLOYEE INSURANCE BENEFITS WITH BLOCKCHAIN ROLLOUT

    Apr 17, 2019

    Professional services firm Accenture and Italian insurance group Generali have launched a blockchain solution that brings employee benefits into the digital age. The product is aimed to streamline Generali’s Employee Benefits Network offerings, including insurance cover for life, disability, a...

    COINDESK
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    /news-article.aspx?ID=66016601

    BITCOIN EYES APRIL PRICE GAINS FOR FOURTH YEAR RUNNING

    Apr 17, 2019

    Bitcoin (BTC) looks set to end April in the green for the fourth consecutive year, having confirmed a longer-term bull breakout earlier this month. The world’s largest cryptocurrency by market capitalization is currently trading at $5,200 on Bitstamp, representing a 27 percent gain on the mont...

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    /news-article.aspx?ID=66026602

    LIONBRIDGE AGAIN NAMED ONE OF AMERICA'S BEST EMPLOYERS BY FORBES

    Apr 17, 2019

    Lionbridge Technologies is proud to announce it has again been named one of America's Best Employers by Forbes, which also recognized Lionbridge as a Best Employer for Women in 2018. The 2019 list recognizes organizations across a variety of industries that employ more than 1,000 people in the U...

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    EUROPEAN STOCKS CLOSE HIGHER AS US EARNINGS RAISE CONFIDENCE

    Apr 16, 2019

    The pan-European STOXX 600 index closed provisionally almost 0.4% higher, with most major bourses and sectors in positive territory. Looking at individual stocks, shares of German online retailer Zalando rose to the top of the European benchmark, gaining nearly 11% after the firm said it expected to...

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    KRAKEN EXCHANGE JOINS BINANCE, SHAPESHIFT IN DELISTING BITCOIN SV

    Apr 16, 2019

    San Francisco-based Kraken announced Tuesday that it will no longer support BSV, citing both community sentiment and ongoing litigation filed against the exchange by the coin’s advocates.
    Kraken will disable BSV deposits on April 22, trading will cease on all trading pairs April 29 and,...

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    TURING AWARD WINNER’S BLOCKCHAIN OPENS TEST NETWORK TO PUBLIC

    Apr 16, 2019

    The test network for the Algorand blockchain platform has been made publicly accessible, the company behind the project announced Tuesday. The proof-of-stake based Alogrand was first unveiled by MIT professor and Turing Award winner Silvio Micali in 2017. Over the course of 2018, the initiative nett...

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    6SENSE SECURES $27 MILLION TO ADVANCE BOLD VISION IN B2B AND ABM

    Apr 16, 2019

    6sense, a leading Account Based Orchestration Platform, powered by AI, announced $27 million in funding. The round was led by Industry Ventures and included participation from existing investors Bain Capital Ventures, Battery Ventures, Costanoa Ventures, Salesforce Ventures, and Venrock. “We b...

    SOURCE
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    GOLDMAN OFFERS FRESH DETAILS ON OVERHAUL PROGRESS AS REVENUE SLIDES

    Apr 15, 2019

    The fifth-largest bank by assets said it plans to grow retail deposits by $10 billion a year and shift more business into its banking units to lower its funding cost by one percentage point. Top executives also explained in more detail how they plan to make Goldman Sachs m...

    REUTERS INDIA
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    CITIGROUP PROFIT BEATS ON INVESTMENT BANKING BOOST

    Apr 15, 2019

    Still, Citi improved its results in ways, including expense cutting, that may be tough to replicate in future quarters. A lower tax rate also played a big role in Citi’s improvement from a year ago. The bank’s income from continuing operations declined slightly. On a call with reporters,...

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    ANOTHER PHILANTHROPIC EFFORT LIGHTENS THE CRYPTO SPACE AS DOGECOIN AND HUOBI COME TOGETHER TO HELP DOGS

    Apr 15, 2019

    Businesses grow, industries expand, and individuals become rich. But in the journey, many a time the society gains nothing from them. Most business sectors pay less or almost no attention to fulfill social obligations, which makes often dehumanizes businesses.Fortunately, the cryptocurrency industry...

    CRYPTONEWSZ
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    ETHEREUM 2.0 MIGHT JUST BE THE CHANGE WHICH WOULD BRING THE BULLS BACK ROARING

    Apr 15, 2019

    Cryptocurrency market has been on a rollercoaster ride ever since the launch of Bitcoin about a decade ago. The market had its fair share of ups and downs and survived the worst climates, which only made it stronger. However, the market faced the worst ever bears last year, when almost every cryptoc...

    CRYPTONEWSZ
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    APRIL MARKS A POWERFUL MONTH FOR MOST CRYPTOCURRENCIES

    Apr 14, 2019

    Things got off to a powerful start early this month after bitcoin, the father of crypto, decided it was time to spike beyond $5,000. The currency had been trapped in the doldrums for well over a year, falling from its $20,000 high in December 2017 down to the mid-$3,000 range by Thanksgiving of 2018...

    LIVE BITCOIN NEWS
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    JAPANESE STOCKS INCH UP AS INVESTORS AWAIT EARNINGS, 10-DAY HOLIDAY

    Apr 12, 2019

    Japan’s Nikkei share average rose on Friday but was little changed for the week, as many investors stayed on the sidelines ahead of the U.S. and domestic earnings season and an upcoming 10-day holiday in Japan. The benchmark Nikkei ended the morning session at 21,841.90, up 130.52 points, or 0...

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    ETHEREUM CORE DEVELOPERS DEBATE BENEFITS OF MORE FREQUENT HARD FORKS

    Apr 12, 2019

    A group of ethereum’s veteran open-source developers discussed the subject in a bi-weekly meeting Friday, wherein they aired the possibility that system-wide upgrades, also called hard forks, to the software could be enacted as often as every three months. Wanting to “check the temperatu...

    COINDESK
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    BINANCE LABS GRANTS $45,000 TO 3 OPEN-SOURCE BLOCKCHAIN STARTUPS

    Apr 12, 2019

    Binance Labs, the investment arm of cryptocurrency exchange Binance, has awarded grants of $15,000 each to three startups developing open-source blockchain technologies. Receiving the grants are Ironbelly, a mobile wallet for the Grin/Mimblewimble blockchain; HOPR, privacy-preserving messaging proto...

    COINDESK
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    JAPANESE BANK ABANDONS WORK WITH SBI RIPPLE’S ‘MONEY TAP’ APP

    Apr 12, 2019

    Resona, one of the three Japanese banks working with SBI Holdings and Ripple on their cash transfer app Money Tap, is pulling out of the project. The bank – Japan’s fifth largest – announced the decision on Thursday, saying that it would cancel the remittance service provided throu...

    COINDESK
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    BLOCKCHAIN STARTUP HORIZEN LABS DOUBLES TARGET TO RAISE $4 MILLION

    Apr 12, 2019

    Just-launched blockchain technology startup Horizen Labs has raised $4 million in a seed funding round.
    Participating in the round were VC firms Digital Currency Group (DCG) and Liberty City Ventures, as well as other independent investors. The U.S.-based startup had initially been looking to...

    COINDESK
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    TRADE ORGANIZATION ICC EYES BLOCKCHAIN ADOPTION FOR ITS 45 MILLION MEMBERS

    Apr 12, 2019

    The world’s biggest business organization is making blockchain technology available to its 45 million members, including Amazon, Coca Cola, Fedex, McDonald’s and PayPal. Announced Thursday, the 100-year-old International Chamber of Commerce (ICC) has partnered with Singapore-based blockc...

    COINDESK
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    BITCOIN APPROACHES $5,300 AS US STOCKS SEE GROWTH

    Apr 11, 2019

    Bitcoin’s price is up just over one percent on the day, trading at around $5,272 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is about 4% higher than $5,038, the price at which Bitcoin started the week. As Cointelegraph reported earlier today, the J...

    COINTELEGRAPH
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    NEW FUNDING SET TO MAKE MONZO SECOND-LARGEST UK FINTECH STARTUP

    Apr 11, 2019

    After reportedly closing a £100 million funding round, digital challenger bank Monzo will see its valuation double to nearly £1.9 billion and become the UK’s second most valuable fintech startup, Jane Connolly reports. Monzo secured £85 million in funding to take its valuatio...

    FINTECH FUTURES
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    NASDAQ ANNOUNCES PURCHASE OF SHARES IN OSLO STOCK EXCHANGE

    Apr 11, 2019

    Following the purchases, made at NOK 158 ($18.58) per share, 37% of Oslo Børs VPS shares are now owned by Nasdaq or are subject to pre-commitments to accept the offer. The news comes three days after the Financial Supervisory Authority of Norway made a recommendation to the Ministry of Financ...

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    /news-article.aspx?ID=65596559

    PIXELPIN REPLACES PASSWORD TO LOG IN WITH NEW £1.5M FUNDING

    Apr 11, 2019

    The round was led by SBI Investment, a subsidiary of SBI Holdings, the biggest internet financial group in Japan formerly known as Softbank Investment. SBI Investment invested £1 million from the SBI AI and Blockchain Fund. An additional investment of £500,000 from existing Angel investo...

    FINTECH FUTURES
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    BNEXT LAUNCHES TRAVEL INSURANCE

    Apr 11, 2019

    The insurance is fully digital and can be hired with “just a few clicks” on the app. This new offering is meant to complement the international capabilities of the BNext card, which doesn’t charge fees for payments or money withdrawals abroad. “We wanted to launch an affordab...

    FINTECH FUTURES
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    /news-article.aspx?ID=65616561

    BITSTAMP RECEIVES BITLICENSE FROM THE NEW YORK STATE DFS TO OFFER CRYPTO SERVICES

    Apr 10, 2019

    Bitstamp, one of the most popular exchanges in the market, has received the BitLicense to operate in the State of New York. The license has been granted by the NY State Department of Financial Services (DFS). The information was released by the agency in a recent press release. Bitstamp Receives Bit...

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    INTEGRAL DELIVERS MOBILE TRADING APP FOR ARAB BANK IN SWITZERLAND

    Apr 10, 2019

    The bank has worked with Integral since 2014 to provide their clients with a bespoke single dealer platform, before requesting a mobile trading app to serve their institutional and corporate customers.
    “The banking industry is becoming increasingly mobile, so our customers expect us to ...

    FINTECH FUTURES
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    RIPPLE (XRP) CONTINUES TO EXPAND ON THE ADOPTION FRONT AS MALAYSIAN PARTNER SECURES DIGITAL REMITTANCE LICENSE

    Apr 10, 2019

    Ripple (XRP) has focused on expansion in the payments space, and the governing body, Ripple Labs have been striking several partnership deals for the same. The network is working hard to realize its aim of becoming the leader in the global digital token remittance platform. One such partnerships of ...

    CRYPTONEWSZ
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    /news-article.aspx?ID=65516551

    FACEBOOK COULD BE SEARCHING $1 BILLION TO DEVELOP ITS NEW CRYPTO PROJECT

    Apr 09, 2019

    There are different sources that suggest that Facebook could be searching for $1 billion in funding to start the development of its crypto and blockchain projects. According to Nathaniel Popper, technology reporter at the New York Times, sources told him that Facebook is contacting VC firms to inves...

    USETHEBITCOIN
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    /news-article.aspx?ID=65486548

    DOLLAR DIPS AS CRUDE OIL SURGE SUPPORTS COMMODITY CURRENCIES

    Apr 08, 2019

    The dollar was shackled on Tuesday by a combination of weak U.S. economic data and gains for commodity-linked currencies such as the Canadian and Australian dollars which drew support from an extended surge in crude oil prices. The dollar index against a basket of six major currencies inched down 0....

    CNBC
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    /news-article.aspx?ID=65386538

    HOW ASIAN COUNTRIES CALLING TOUGHER CONTROL ON CRYPTOCURRENCY

    Apr 08, 2019

    Asia has been an essential player in the realm of cryptographic forms of money with a significant number of nations driving the path in adoption, improvement and governing the market. China is at present is responsible for the excess of 50 percent of the worlds mining hash, and produce a lot of coin...

    INVESTING
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    50 PERCENT JUMP IN 24 HOURS BY BITCOIN CASH, AND LATEST ON BCH NEW WALLET AND TOKEN

    Apr 08, 2019

    In the past seven days, Bitcoin cash (BCH) has been taking the lead role in the crypto market rally. It has shown major crypto growth goals this week. It has recorded a great jump of 50 percent within a day’s time span on 2nd April. This has pushed the Bitcoin cash into the top five digital co...

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    GOOGLE EXPERIENCED INCREASED SEARCHES FOR “BITCOIN” AFTER THE PRICE SPIKE IN APRIL

    Apr 08, 2019

    Bitcoin is a virtual currency without a central bank which can be transferred from one crypto trader to another on peer-to-peer bitcoin network without the help of intermediaries. It was founded by Satoshi Nakamoto As per the Google Trend Data, Google searches for the world’s largest cryptocur...

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    /news-article.aspx?ID=65416541

    ETHEREUM FOUNDER VITALIK BUTERIN REQUESTS SOUTH KOREA TO ADOPT CRYPTOCURRENCY AND REMOVE BLOCKCHAIN

    Apr 08, 2019

    Co-founder of Ethereum Vitalik Buterin and similar lawmakers group have asked the South Korean government to restrict the blockchain industry. They believe that the existing laws are highly restrictive and will hamper innovations. Reports say that the Buterin spoke about the matter during the South ...

    INVESTING
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    /news-article.aspx?ID=65426542

    GOOGLE SEARCHES FOR ‘BITCOIN’ HIT HIGHEST TOTAL SINCE NOVEMBER

    Apr 05, 2019

    Trading back above $5,000, more eyes are on the world’s largest cryptocurrency, bitcoin, than have been in nearly 19 weeks, a fact affirmed as worldwide Google searches for “bitcoin” currently hover at levels not seen since Nov. 20. Google Trend data reveals the spike in searches w...

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    /news-article.aspx?ID=65286528

    STARTUP BEHIND ETHEREUM DEX RELEASES LIGHTNING DEVELOPER TOOLS

    Apr 05, 2019

    The startup Radar, which raised $10 million in a series A funding round last year, has revealed a new suite of tools for developers working on the lightning network, bitcoin’s second layer for scaling payments.To be released at the Boltathon hackathon, the developer tools include a configurati...

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    BOSCH AND WIEN ENERGIE DEMO BLOCKCHAIN-POWERED REFRIGERATOR

    Apr 05, 2019

    Electronics giant Bosch and Austrian power supplier Wien Energie have come up with a blockchain refrigerator aimed to allow consumers to monitor and control electricity consumption. The device demonstrates how households will in the near future be able to control their power usage in a “safe a...

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    BITREFILL’S ‘THOR TURBO’ LETS YOU GET STARTED WITH BITCOIN’S LIGHTNING FASTER

    Apr 05, 2019

    Bitrefill has launched a new service that seeks to simplify the process of setting up payment channels on the lightning network, the experimental, layer-two initiative being built on top of bitcoin. Demoed for the first time Friday at the Understanding Bitcoin conference in Malta, the new service &n...

    COINDESK
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    RUSSIAN GAS GIANT GAZPROM TO EXECUTE BUSINESS CONTRACTS ON A BLOCKCHAIN

    Apr 05, 2019

    Russian state-owned gas giant Gazprom could soon to begin using blockchain to execute and monitor business contracts.The firm’s CEO, Alexey Miller, announced the news at a meeting with Russian prime minister Dmitry Medvedev Wednesday, saying Gazprom is now “ready to start implementing th...

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    CRYPTO EXCHANGE BINANCE IS SETTING UP SHOP IN SINGAPORE THIS MONTH

    Apr 04, 2019

    Cryptocurrency exchange Binance is launching a new fiat-to-crypto exchange in Singapore later this month.The news was announced Thursday by Binance CEO Changpeng “CZ” Zhao at the Deconomy event in Seoul, South Korea, in a tweet on the exchange’s account that said: Binance Singapore...

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    EU BLOCKCHAIN GROUP LAUNCHES WITH SWIFT, RIPPLE ONBOARD

    Apr 04, 2019

    SWIFT, IBM, Ripple and around 100 other firms and organizations have joined a new blockchain association to promote adoption of the technology across the EU. A European Commission initiative, the new group – the International Association of Trusted Blockchain Applications (INATBA) – is l...

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    /news-article.aspx?ID=65216521

    CRYPTO WALLET BASED ON TEZOS BLOCKCHAIN -WETEZ

    Apr 04, 2019

    Wetez is a crypto wallet application developed on Tezos blockchain, gives fundamental features to the utilization of Tezos token (XTZ) and the perfect token in Tezos blockchain, which includes storage, receiving and sending, particularly one button assignment. Features Wetez regards security and sim...

    CRYPTONEWSZ
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    BITCOIN AND ETHEREUM ARE HEADING TO JAMAICA

    Apr 04, 2019

    Through its partnership with Canadian technology startup Block Station, the Jamaica Stock Exchange has agreed to list both bitcoin and ether tokens as part of a trial designed to test both cryptocurrencies’ popularity on the island. Both the stock exchange and Block Station have been in cahoot...

    LIVE BITCOIN NEWS
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    BITCOIN CASH HAS NEARLY DOUBLED SINCE MONDAY

    Apr 03, 2019

    Bitcoin cash has surged recently, climbing upwards of 100% since Monday morning and leaving other top cryptocurrencies in the dust. This digital currency, a fork of the original bitcoin, skyrocketed to $324.57 today,CoinDesk price data reveals. At this point, it was up roughly 94.4% from its Monday ...

    FORBES
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    IS THERE ANY CRYPTOCURRENCY TO REPLICATE BITCOIN’S SUCCESS?

    Apr 03, 2019

    This is a question on the mind of everyone in the cryptocurrency world. Thanks to an increase in cryptocurrency acceptance, people from every walk of life are looking to get their piece of the pie. Cryptocurrency has also intrigued business owners as it increases their customer range. If you are loo...

    ZYCRYPTO
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    STOCKS IN ASIA TEPID AS INVESTORS WATCH US-CHINA TRADE DEVELOPMENTS

    Apr 03, 2019

    Shares in Asia were muted on Thursday afternoon as investors watched ongoing negotiations between the U.S. and China, with the two economic powerhouses reportedly closer to striking a deal to end a protracted trade dispute. Mainland Chinese shares ended the morning session higher, as the Shanghai co...

    CNBC
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    A16Z, POLYCHAIN INVEST $25 MILLION IN CRYPTO PAYMENTS STARTUP CELO

    Apr 03, 2019

    Andreessen Horowitz’s cryptocurrency fund A16z Crypto and venture capital firm Polychain Capital have invested $25 million in cryptocurrency payments startup Celo. Celo announced Tuesday that the two investors have purchased $15 million and $10 million in the project’s Celo Gold tokens, ...

    COINDESK
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    /news-article.aspx?ID=65156515

    A SMALL BANK IN GERMANY IS NOW NEARLY 30% OWNED BY CRYPTO COMPANIES

    Apr 02, 2019

    Almost 30 percent of the equity in WEG Bank AG, a previously obscure German bank focused on the real estate industry, is now owned by companies in the cryptocurrency industry, CoinDesk has learned.
    By purchasing 9.9 percent of the bank, blockchain startup Nimiq now joins TokenPay and the Lite...

    COINDESK
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    /news-article.aspx?ID=65046504

    A16Z MOVES TO PLACE BIGGER BETS ON HIGH-RISK ASSETS – INCLUDING CRYPTO

    Apr 02, 2019

    Andreessen Horowitz can now back crypto startups with potentially up to $1 billion, after reportedly making some recent internal changes. The company’s founders – Marc Andreessen and Ben Horowitz – told Forbes that they had registered all of its 150 employees as financial advisors,...

    COINDESK
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    /news-article.aspx?ID=65056505

    BITCOIN’S PRICE RISES ABOVE MAJOR MOVING AVERAGES IN FIRST SINCE 2018

    Apr 02, 2019

    Bitcoin’s price emerged above three major moving averages for the first time in nearly 15 months on Tuesday. The development is a byproduct of the cryptocurrency’s surge above $5,000 during Tuesday’s trading session, representing an increase in excess of 20 percent. A moving averag...

    COINDESK
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    /news-article.aspx?ID=65066506

    APPLE, AMAZON ALUMS BEHIND SHARDING STARTUP RAISE $18 MILLION

    Apr 02, 2019

    Bucking the 2019 trend of fundraising on equity, one startup has completed a substantial token presale.
    Harmony announced Tuesday that it raised $18 million from an array of investors that includes Hong Kong’s Lemniscap VC, Australia’s BCA Fund, Singapore’s UniValues Associa...

    COINDESK
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    /news-article.aspx?ID=65076507

    COINBASE SOFT LAUNCHES INTERNATIONAL PAYMENTS WITH XRP AND USDC

    Apr 01, 2019

    “It’s primarily designed as an educational resource for customers to learn about the benefits of using crypto for cross-border payments,” the representative said. Coinbase appears to be offering a “fast and free” payments service for its users, according to the Coinbase...

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    /news-article.aspx?ID=64966496

    COINCHECK LAUNCHES OTC CRYPTO TRADING FOR INSTITUTIONS

    Apr 01, 2019

    Japanese cryptocurrency exchange Coincheck has launched an over-the-counter (OTC) cryptocurrency trading service aimed at institutional clients, the firm said Monday. While the service seem primarily to serve bitcoin trades, Coincheck said it will consider trades in other cryptocurrencies. Coincheck...

    COINDESK
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    /news-article.aspx?ID=64976497

    HSBC ENHANCES TWO FIXED INCOME FUNDS

    Apr 01, 2019

    HSBC Global Asset Management (HSBC) has introduced enhancements to two of its fixed income mutual funds, aiming to better align them with common US allocation models. The HSBC Strategic Income Fund (HBIAX, HBIIX) and the HSBC High Yield Fund (HBYAX, HBYIX) will increase their focus on US markets wit...

    GLOBAL BANKING
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    /news-article.aspx?ID=64986498

    ELLEVEST RAISES $33M FROM HIGH PROFILE FEMALE INVESTORS

    Apr 01, 2019

    Female-focused digital investment platform Ellevest has raised $33 million in a new funding round led by Rethink Impact and PSP Growth, reports Jane Connolly. “When the status quo isn’t meeting women’s needs, it deserves to be disrupted” According to TechCrunch, the platform ...

    FINTECH
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    /news-article.aspx?ID=64996499

    UP 100%: LITECOIN PRICE SETS Q1 PERFORMANCE RECORD

    Mar 31, 2019

    Litecoin’s (LTC) price has doubled in the first three months of 2019 to register its best first-quarter performance on record. The fourth-largest crypto currency by market capitalization is currently trading at $61, representing a 100 percent gain on January’s opening price of $30. It cl...

    COINDESK
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    /news-article.aspx?ID=64886488

    GOLD INCHES UP AS DOLLAR EASES; SURGE IN EQUITIES CAPS GAINS

    Mar 31, 2019

    Gold prices inched up on Monday as the dollar backed off three-week highs, but gains in the metal were limited as equities rose on signs of progress in the Sino-U.S. trade talks and upbeat Chinese economic data. Spot gold was up 0.1 percent at $1,293.15 per ounce by 0337 GMT, after touching its lowe...

    CNBC
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    /news-article.aspx?ID=64896489

    BITCOIN BREAKS $4,000 TO HIT ITS HIGHEST PRICE IN 2019

    Mar 31, 2019

    Bitcoin has surged to its highest level this year in what some perhaps prematurely are arguing is a return to form for the cryptocurrency after a horrible 2018. The price of bitcoin was trading at $4,116.65 as of 11:20 p.m. EDT, a higher level than its previous yearly high Feb. 28 and prior to that,...

    SILICONANGLE
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    /news-article.aspx?ID=64916491

    RIPPLE SIGNS NEW DEAL WITH FEDERAL BANK OF INDIA TO IMPROVE CROSS-BORDER PAYMENT SERVICES

    Mar 30, 2019

    Ripple, one of the most popular companies in the cryptocurrency space, has signed a deal with Federal Bank, one of the leading banking institutions in India. The goal behind this partnership is to improve cross-border payment services. The information was released by the Federal Bank on March 28. Th...

    USETHEBITCOIN
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    /news-article.aspx?ID=64906490

    RCI BANK GAINS FULL UK BANKING LICENCE

    Mar 28, 2019

    RCI Bank, a new savings bank based in the UK’s county of Hertfordshire, has obtained a full banking licence.“As a French bank with a British home, we’re extremely proud of this milestone because we’re committed to being here for the long term, offering our customers competiti...

    FINTECH FUTURES
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    /news-article.aspx?ID=64786478

    FIRST TRANSACTIONS CARRIED OUT ON BLOCKCHAIN-BASED MARCO POLO NETWORK

    Mar 28, 2019

    Commercial transactions have been carried out digitally and processed using the trade finance network Marco Poloon R3’s Corda blockchain platform for the first time, reports Jane Connolly.
    LBBW and Commerzbank announced they have “reached a milestone” in the digitalisation o...

    FINTECH FUTURES
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    /news-article.aspx?ID=64796479

    REWIRE HELPS MIGRANTS IN EUROPE WITH $12M FUNDING

    Mar 28, 2019

    Rewire, the fintech that developed a banking platform for migrants, has completed a Series A investment round of $12 million. This latest round, led by venture fund Viola Fintech, is supported by new and existing investors, including BNP Paribas through their venture capital fund Opera Tech Ventures...

    FINTECH FUTURES
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    /news-article.aspx?ID=64806480

    JAPANESE RAILWAY COMPANY JR EAST COULD ACCEPT VIRTUAL CURRENCIES

    Mar 28, 2019

    Crypto adoption could improve with the help of Japan’s largest railway company JR East. The firm is currently considering the possibility to support virtual currencies in the country. At the same time, the company is analyzing the effects of launching a stablecoin for individuals to pay for th...

    USETHEBITCOIN
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    /news-article.aspx?ID=64816481

    BITCOIN GROWS ABOVE $4,000 AFTER A FLASH DROP TO $3,950

    Mar 28, 2019

    It took around 24 hours for Bitcoin (BTC) to drop under $4,000 and come back to the same price level. On March 25, Bitcoin fell under $3,950 and a few hours later, it grew again and reached $4,080. This shows that there is a large number of investors purchasing Bitcoin under $4,000. Bitcoin Remains ...

    USETHEBITCOIN
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    /news-article.aspx?ID=64826482

    HUOBI’S US ARM LAUNCHES INSTITUTIONAL GROUP FOR OTC CRYPTO TRADING

    Mar 27, 2019

    The U.S. branch of the Huobi Global crypto trading marketplace is courting big-money investors with the introduction of a new institutional team. Announced today, the new group at HBUS will be headed up by Katelyn Mew, a veteran of asset management powerhouse BlackRock and discount brokerage Charles...

    COINDESK
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    /news-article.aspx?ID=64706470

    NEW IPHONE-CONTROLLED CRYPTO VAULT PROMISES ‘BANK-GRADE’ SECURITY

    Mar 27, 2019

    Trustology, founded by technologists who previously worked at such banks as BNY Mellon, RBS and Barclays, has launched an iPhone-controlled crypto vault it claims is secure enough for financial institutions. Announced Wednesday, the first version of TrustVault is available for download at the Apple ...

    COINDESK
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    /news-article.aspx?ID=64716471

    BITCOIN AGAIN REBOUNDS FROM STRONG PRICE SUPPORT

    Mar 27, 2019

    Bitcoin (BTC) has once more rebounded from the 30-day moving average, thwarting a bearish move that saw prices drop below $3,920 on Monday. The move sees the crypto market leader return from uncertain ground 24 hours ago, having dived out of the $3,920-$4,055 trading range on Monday. That range brea...

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    /news-article.aspx?ID=64726472

    RUSSIA’S FIRST NEW BANK IN FOUR YEARS IS FOR INTERNET FIRMS

    Mar 27, 2019

    The first new bank to receive a licence in Russia in four years has been created for businesses that earn online and spend online, reports Jane Connolly. Set up by Dmitry Eremeev – who has founded a number of internet companies under the FIX brand – Bank 131 won’t employ traditiona...

    BANKING TECH
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    /news-article.aspx?ID=64736473

    GOLDMAN'S APPLE PAIRING FURTHERS BANK'S MASS-MARKET AMBITIONS

    Mar 26, 2019

    But Goldman is entering a crowded market for co-branded cards where retailers often have the upper hand, and analysts question how much tolerance its shareholders will have for growing the bank’s fledgling consumer business through credit card lending. Goldman has been courting consumers since...

    REUTERS
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    /news-article.aspx?ID=64656465

    BUSINESS FACTORS & FINANCE ANNOUNCES LAUNCH OF FREIGHT PAYMENT SHIELD®

    Mar 26, 2019

    Business Factors & Finance, a well-known fintech services company operating in the US and Canada, announces the launch of Freight Payment Shield, a premier payment protection service for trucking and transportation companies, as well as for small and medium-sized enterprises (SMEs) sending and r...

    GLOBAL BANKING & FINANCE
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    OMGFIN EXCHANGE HAS ADDED SUPPORT FOR RIPPLE (XRP)

    Mar 26, 2019

    OMGFIN, an Estonia-based exchange platform, has announced today that it will be extending its list of supported crypto currencies by adding support for Ripple (XRP). OMGFIN is a licensed and regulated crypto exchange which is based in Estonia which aims to create a trading system that is based on yo...

    THECCPRESS
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    AMOUNT TO POWER TD BANK’S DIGITAL LENDING PLATFORM

    Mar 26, 2019

    Financial technology provider Amount has announced a strategic partnership with TD Bank to support its digital lending services, reports Jane Connolly. Launched in August 2018, the US bank’s TD Fit Loan allows some customers to apply for unsecured instalment loans of up to $35,000 online or th...

    BANKING TECH
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    /news-article.aspx?ID=64686468

    SAMEPAGE GAINS FIRST GO-LIVE AT GREEN DEAL FINANCE COMPANY

    Mar 26, 2019

    The customer is the Green Deal Finance Company (GDFC), originally a UK government scheme which now a privately-owned lender is supporting homeowners to invest in renewable energy and other environmentally-friendly products. The selection at GDFC was “good timing for us and accelerated our rout...

    BANKING TECH
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    /news-article.aspx?ID=64696469

    APPLE TO LAUNCH A NEW CREDIT CARD WITH GOLDMAN. ARE THE PERKS WORTH IT?

    Mar 25, 2019

    The Apple Card will sync with iPhone’s users’ Apple Wallet and work through its payment system Apple Pay, said Jennifer Bailey, vice president of Apple Pay. She spoke in Cupertino, California, where the company also announced the launch of a streaming television service and an online gam...

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    JPMORGAN AWARDS RESEARCH GRANTS, DEEPENING ITS AI PUSH

    Mar 25, 2019

    Winners of the JPMorgan’s first AI Research Awards will study the use of AI and machine learning in areas including investment advice, risk management, digital assistants and trading behavior. The bank declined to disclose the size of the grants. JPMorgan and other financial institutions have ...

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    /news-article.aspx?ID=64516451

    STOCKS IN JAPAN REBOUND FOLLOWING EARLIER TUMBLE AMID GLOBAL GROWTH WORRIES

    Mar 25, 2019

    Stocks in Japan bounced back partially on Tuesday afternoon after the previous day's heavy losses as concerns over the global economy weighed on investor sentiment. Following its Monday tumble, the Nikkei 225 rose 2.13 percent in afternoon trade, with shares of robot maker and index heavyweight ...

    CNBC
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    A BITCOIN LIGHTNING WEB STANDARD, INSPIRED BY ETHEREUM, IS GAINING STEAM

    Mar 25, 2019

    Sending bitcoin lightning payments over the web might soon get easier. That’s because a new bitcoin standard for simplifying lightning payments, the open-source WebLN standard, is gaining traction, now being used by Lightning Joule and Bluewallet, two of the more popular lightning wallets, as ...

    COINDESK
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    /news-article.aspx?ID=64536453

    CRYPTO EXCHANGE OKEX IS DEVELOPING ITS OWN BLOCKCHAIN

    Mar 25, 2019

    Cryptocurrency exchange OKEx is developing its own blockchain a decentralized exchanged, according to a blog post published on March 22. Per the post, OKEx has been developing its own blockchain dubbed “OKChain,” which is now purportedly in the final development stage. The company expect...

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    /news-article.aspx?ID=64546454

    3 TOP INSURANCE STOCKS TO BUY IN MARCH

    Mar 24, 2019

    If you're looking to triple your money overnight, the insurance industry isn't for you. While the insurance industry has produced spectacular results for shareholders over time, insurers are best characterized as steady wealth builders than stocks to buy and flip for a quick profit. Investor...

    FOX BUSINESS
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    /news-article.aspx?ID=64436443

    UPS TARGETS B2B SALES WITH NEW BLOCKCHAIN E-COMMERCE PLATFORM

    Mar 23, 2019

    U.S.-based shipping giant UPS has announced a new blockchain integration aimed to bring business-to-business (B2B) sales into the digital age. Announced yesterday, UPS has inked a deal with e-commerce company Inxeption to develop a platform to facilitate business-to-business sales, one supported by ...

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    /news-article.aspx?ID=64406440

    YOU CAN NOW DONATE TO THE TOR PROJECT IN 9 DIFFERENT CRYPTOCURRENCIES

    Mar 22, 2019

    The Tor Project, a digital anonymity-focused nonprofit, is now accepting cryptocurrency donations directly, with donors able to take advantage of nearly 10 different options to send funds. A donations page on Tor’s website with a list of crypto addresses has been available since March 18. Tor ...

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    /news-article.aspx?ID=64416441

    DUKE UNIVERSITY COLLABORATES FOR BLOCKCHAIN LAB, EDUCATION PROGRAM

    Mar 22, 2019

    Duke University is teaming up with blockchain startup Citizens Reserve on an educational initiative aimed to develop students’ interest in blockchain technology. Citizens Reserve, a firm led by a team of former Deloitte blockchain employees, told CoinDesk Friday that it will jointly create a n...

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    NEW CASH FLOW PLATFORM AVRIUM HITS THE UK MARKET

    Mar 21, 2019

    The platform aims to help SMEs better understand their financial position and potential risks, by using the credit data provided by Credit safe. This offers insights into the financial health of customers and suppliers. “It’s very clear how crucial cash flow awareness is for the health a...

    BANKING TECH
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    /news-article.aspx?ID=64336433

    SIX SPANISH BANKS SIGN UP FOR GPI CROSS-BORDER PAYMENTS

    Mar 21, 2019

    The banks – Banco Sabadell, Banco Santander, Bankinter, BBVA, Caixabank and Group Cooperativo Cajamar – account for 85% of Spain’s cross-border payments. Described as the most significant development in cross-border payments in the last 30 years, Swift gpi claims to have transferre...

    BANKING TECH
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    /news-article.aspx?ID=64346434

    EX-NATO CHIEF, DANISH PM NOW ADVISES BLOCKCHAIN FIRM CONCORDIUM

    Mar 21, 2019

    Anders Fogh Rasmussen, previously both prime minister of Denmark and secretary-general of NATO, has joined blockchain identity startup Concordium as a strategic advisor. Ian announcement Wednesday, the Switzerland-based firm’s chairman, Lars Seier Christensen, said Rasmussen will play a &ldquo...

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    LIGHTNING LABS RELEASES ‘LOOP’ FEATURE FOR BITCOIN PAYMENTS CHANNELS

    Mar 21, 2019

    Lightning Labs has released a new feature aimed at improving the usability of the lightning network, a bitcoin payment channel technology aimed at scaling the cryptocurrency. Called “Lightning Loop,” users will now be able to receive bitcoin in increasing quantities without having to clo...

    COINDESK
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    /news-article.aspx?ID=64316431

    SQUARE IS HIRING NEW CRYPTO ENGINEERS — AND IT WANTS TO PAY THEM IN BITCOIN

    Mar 20, 2019

    Payments Startup Square plans to hire a number of engineers and a designer to work on its crypto initiatives, according to tweets from CEO Jack Dorsey. Dorsey, who also founded and runs Twitter, announced Wednesday evening that Square plans to hire three or four engineers and one designer “to ...

    COINDESK
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    /news-article.aspx?ID=64326432

    CITIES WHERE AMERICANS HAVE THE MOST CASH LEFT OVER AFTER PAYING THEIR MORTGAGES

    Mar 20, 2019

    Housing Opens a New Window. oftentimes takes a large percentage out of Americans’ income Opens a New Window. – across every demographic. It was ranked as the top expense among individuals of all generations, from Gen Z to Baby Boomers, according to recent findings from GO Banking Rates, ...

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    /news-article.aspx?ID=64446444

    JAPAN TO TIGHTEN RULES ON CRYPTOCURRENCY MARGIN TRADING

    Mar 19, 2019

    Japan is putting in place new, stricter rules for cryptocurrency margin trading from next year.
    According to a report from Nikkei Asian Review on Tuesday, the Japanese Cabinet, the executive agency of the country’s government, has approved draft amendments related to financial instrumen...

    COINDESK
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    /news-article.aspx?ID=64256425

    GALAXY DIGITAL BACKS $5.25 MILLION ROUND FOR BLOCKCHAIN STAKING STARTUP

    Mar 19, 2019

    Blockchain staking startup Bison Trails has raised $5.25 million in a series seed funding round backed by Mike Novogratz’s Galaxy Digital. Announcing the news on Friday, Bison Trails said the round was led by Accomplice and Initialized Capital, with Notation Capital, Homebrew, Distributed Glob...

    COINDESK
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    /news-article.aspx?ID=64266426

    DIGITAL ASSET NAMES NEW CEO TO SUCCEED BLYTHE MASTERS

    Mar 19, 2019

    Enterprise blockchain startup Digital Asset (DA) has named co-founder Yuval Rooz as the company’s new chief executive officer. Rooz, who has served as both COO and CFO at the firm, takes over from acting CEO AG Gangadhar, who stepped in when its iconic leader Blythe Masters left last December....

    COINDESK
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    /news-article.aspx?ID=64276427

    VSOFT’S WINGS CORE BANKING SYSTEM LANDS IN THE US

    Mar 19, 2019

    Financial solutions provider, VSoft, has launched a version of its core banking system, Wings, for the US.
    The company, which is based in Georgia in the US and Hyderabad in India, is best known for its payment processing systems. However, it has added to its product suite over the years, with...

    BANKING TECH
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    /news-article.aspx?ID=64286428

    NATWEST PARTNERS WITH TIETO TO LAUNCH VIRTUAL ACCOUNT PLATFORM FOR BUSINESS

    Mar 19, 2019

    The platform is designed to support regulated professions – such as legal, accountancy and insurance firms – who need to safely segregate their clients’ monies to comply with industry best practices and regulatory standards. By using one centralised platform, the bank claims that c...

    BANKINGTECH
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    /news-article.aspx?ID=64296429

    COINMARKETCAP CRYPTO ASSETS NOW FEATURE FLIPSIDE LETTER GRADES

    Mar 18, 2019

    Blockchain analytics startup Flipside Crypto is bringing crypto asset letter grades to a slew of online publishers. The Fundamental Crypto Asset Score (FCAS) metric – which evaluates factors such as developer activity and a broad set of transaction data – was recently added to CoinMarket...

    COINDESK
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    /news-article.aspx?ID=64156415

    CRYPTO EXCHANGE BITHUMB TO REDUCE STAFF BY UP TO 50%

    Mar 18, 2019

    Bithumb, the largest cryptocurrency exchange in South Korea, plans to cut its staffing levels by up to 50 percent, according to a CoinDesk Korea report issued Monday, a move that would reduce its number of employees from 310 at the start of March to around 150. When reached, an official at the compa...

    COINDESK
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    /news-article.aspx?ID=64166416

    OVERSTOCK DELAYS E-COMMERCE BUSINESS SALE, DEFERRING CASH FOR CRYPTO VENTURES

    Mar 18, 2019

    Overstock has put off plans to sell its flagship retail business, delaying a large cash infusion that it was hoping to get for its portfolio of blockchain ventures. The company had originally aimed to sell the e-commerce business by the end of February, but on a conference call to discuss fourth-qua...

    COINDESK
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    /news-article.aspx?ID=64176417

    IBM ANNOUNCES NEW SECURITY TECHNOLOGY FOR THE CRYPTO CUSTODY MARKET

    Mar 18, 2019

    It’s no secret that the cryptocurrency industry has a checkered history with unbelievably audacious heists. And now, Shuttle Holdings and IBM have announced the launch of a new HSM-based security solution to mitigate this problem. The system, which has been extolled as a paradigm-shifting inno...

    COINCENTRAL
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    /news-article.aspx?ID=64186418

    U.S. STOCK INDEXES TRIM GAINS DESPITE BULLISH MOVE IN CHINA

    Mar 18, 2019

    U.S. stock indexes today trimmed gains in late morning trade Monday, unable to borrow much from the Shanghai composite's 2.47% thrust. China's stock market closed at the day's high in heavy volume. The Shanghai exchange is 13 hours ahead of Wall Street. The South China Morning Post and C...

    INVESTOR
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    /news-article.aspx?ID=64196419

    AFTER COMEBACK, THE STOCK MARKET IS ALIGNED WITH A HISTORICAL PATTERN WITH PERFECT TRACK RECORD

    Mar 17, 2019

    Stocks hit a new high for the year this week, back on track to match a post-election pattern that has stood the test of time. The stock market has risen in the year after all 18 midterm elections since World War II, with the S&P 500 delivering an average return of 14.5 percent, according to LPL ...

    CNBC
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    /news-article.aspx?ID=64016401

    ICAPITAL ASSUMES OVERSIGHT OF 115 MORGAN STANLEY FEEDER FUNDS

    Mar 17, 2019

    Morgan Stanley agreed to sell a business that administers its alternative investment feeder funds to iCapital, a financial technology firm run by a former Goldman Sachs banker. ICapital will assume oversight of 115 Morgan Stanley feeder funds, which invest in private equity, hedge funds and real est...

    ON WALL STREET
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    /news-article.aspx?ID=64026402

    RPT-WALL ST WEEK AHEAD-U.S. FUNDS FOCUS ON MEDIA STOCKS, BANKS TO FIND VALUE AS MID-CAPS RALLY

    Mar 17, 2019

    The S&P 400 Mid-Cap index has surged to its best start to a year since 1991, both rewarding fund managers and forcing them to work harder to seek out bargains in a group that is now the most expensive part of the U.S. market based on their historical averages. The rally in mid-cap stocks - compa...

    REUTERS
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    /news-article.aspx?ID=64046404

    RIOT BLOCKCHAIN TO LAUNCH REGULATED CRYPTO EXCHANGE IN THE US

    Mar 16, 2019

    Riot Blockchain is planning to launch a regulated crypto exchange in the U.S. The publicly traded U.S. company that has faced regulatory issues for a sudden pivot to blockchain, revealed in a filing with the U.S. Securities and Exchange Commission (SEC) Friday that the new entity will be called call...

    COINDESK
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    /news-article.aspx?ID=64006400

    US STOCKS' MAJOR INDEXES CLOSE OUT WEEK HIGHER

    Mar 15, 2019

    Federated Investors Global Equities CIO Steve Auth and Oberweis Asset Management President Jim Oberweis on whether investors should be concerned about Boeing’s stock after President Trump ordered all Boeing 737 Max jets to be grounded and the U.S.-China trade deal. U.S. stocks Opens a New Wind...

    FOX BUSINESS
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    /news-article.aspx?ID=64036403

    THAI STOCK EXCHANGE BUILDING DIGITAL ASSETS PLATFORM FOR 2020 LAUNCH

    Mar 14, 2019

    The Stock Exchange of Thailand (SET) has confirmed it’s building a digital assets platform that it expects to go live next year. Saying it is “ready for digital tranformation,” the SET announced Wednesday that it will work “closely and collectively” with all stakeholder...

    COINDESK
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    /news-article.aspx?ID=63906390

    AZURE INTEGRATION OPENS BLOCKCHAIN FIRM KALEIDO TO 80% OF CLOUD MARKET

    Mar 14, 2019

    Kaleido’s software-as-a-service blockchain solution now works on Microsoft Azure as well as Amazon Web Services (AWS). According to an analysis by Keybanc reported by CNBC, the move now gives Kaleido clients access to more than 80 percent of cloud infrastructure clients, with support for the t...

    COINDESK
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    /news-article.aspx?ID=63916391

    BITCOIN TRADES FLAT WHILE ALTCOINS TEASE BULL BREAKOUT

    Mar 14, 2019

    Bitcoin is lacking clear directional bias for a ninth straight day, neutralizing the bullish view put forward by a long-tailed doji candle created on Feb. 27. As a result, a return to levels below $3,700 cannot be ruled out. A UTC close above the March 9 high of $3,950 would revive the short-term bu...

    COINDESK
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    /news-article.aspx?ID=63926392

    ASIAN STOCKS UP AS SINO-U.S. TRADE TALKS IN FOCUS, DOLLAR SUPPORTED

    Mar 14, 2019

    Chinese Vice Premier Liu He spoke by telephone with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer, with the two sides making further substantive progress on trade talks, Xinhua news agency said on Friday. [nB9N20G02G] Yet, the prospect of the trade talks taki...

    REUTERS
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    /news-article.aspx?ID=63936393

    WELLS FARGO BOOSTS CEO PAY TO $18.4M, INCLUDES $2M BONUS

    Mar 14, 2019

    Wells Fargo boosted Chief Executive Officer Tim Sloan’s compensation by 5.7% to $18.4 million for last year as the bank has worked to overcome multiple scandals. Sloan got $2.4 million in salary and $14 million of restricted stock linked to performance goals, the San Francisco-based bank said ...

    ON WALL STREET
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    /news-article.aspx?ID=63946394

    6SENSE ANNOUNCES SALESFORCE PARDOT INTEGRATION FOR REVENUE TEAMS TO LAUNCH COMPREHENSIVE ABM PROGRAMS

    Mar 14, 2019

    6sense, a leading Account Based Orchestration Platform, powered by AI, extends its relationship with Salesforce to include an all-new integration with Pardot, Salesforce’s marketing automation solution. This integration combines marketing execution from Salesforce Pardot with the time-based pr...

    SOURCE
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    /news-article.aspx?ID=69736973

    YOU CAN PRE-ORDER THIS $15,000 CRYPTO-POWERED BEER VENDING MACHINE

    Mar 13, 2019

    Where there’s a long line for beer today, there could one day be a Civic vending machine. At its booth at SXSW Wednesday, the decentralized identity startup Civic was on hand to showcase three vending machines selling local staples – Shiner Bock and Austin Amber beer. The demo is a test ...

    COINDESK
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    /news-article.aspx?ID=63806380

    QUADRIGACX WIDOW: CEO MIXED PERSONAL FUNDS WITH CRYPTO EXCHANGE

    Mar 13, 2019

    Gerald Cotten, the deceased founder and CEO of crypto exchange QuadrigaCX, used his own cash to make customers whole during a legal battle with a bank, his widow said. Jennifer Robertson, Cotten’s wife and executor of his estate, said in a statement sent to CoinDesk Wednesday that Cotten told ...

    COINDESK
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    /news-article.aspx?ID=63816381

    COINBASE COMPLETES FIRST OTC CRYPTO TRADE DIRECTLY FROM ‘COLD’ STORAGE

    Mar 13, 2019

    Coinbase Custody has just completed its first over-the-counter (OTC) trade directly out of cold, or offline, storage. Announcing the news in a blog post on Wednesday, the San Francisco-based cryptocurrency exchange said the trade occurred after its Custody service had been “directly integrated...

    COINDESK
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    /news-article.aspx?ID=63826382

    U.S. CORE CAPITAL GOODS ORDERS REBOUND; INFLATION MUTED

    Mar 13, 2019

    The slowing economy is helping keep inflation tame, with other data on Wednesday showing producer prices barely rising in February, resulting in the smallest annual increase in more than 1-1/2 years. This environment supports the Federal Reserve’s wait-and-see approach to further interest rate...

    REUTERS INDIA
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    /news-article.aspx?ID=63836383

    AURORA CANNABIS SOARS ON NEWS IT'S HIRING HEDGE-FUND MANAGER NELSON PELTZ AS ADVISER

    Mar 13, 2019

    Aurora Cannabis Inc. led a rally in cannabis stocks Wednesday, after the company said it’s hiring hedge-fund manager Nelson Peltz as an adviser with the aim of sealing new cooperation agreements and expanding globally.The stock (ACB)(CA:ACB) was last up 11.7%. Peltz, the founder of Trian Fund ...

    MSN
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    /news-article.aspx?ID=63846384

    MALTA TEAMS WITH CRYPTO SECURITY FIRM TO MANAGE FINANCIAL CRIMES RISK

    Mar 12, 2019

    Malta is turning to crypto sleuthing startup CipherTrace for technical help addressing the risk of financial crimes in its licensed digital asset industry. The Malta Financial Services Authority (MFSA) announced March 11 that it would integrate CipherTrace’s Compliance Monitoring product to &l...

    COINDESK
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    /news-article.aspx?ID=63706370

    BITCOIN WILL SOON SEE ‘BULL CROSS’ IN FIRST SINCE AUGUST 2018

    Mar 12, 2019

    A widely-followed bitcoin (BTC) price indicator is about to turn bullish for the first time in seven months.
    Bitcoin’s 50-day moving average (MA) – currently located at $3,669, according to Bitstamp data – could soon move above the 100-day MA at $3,670. The event would confi...

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    /news-article.aspx?ID=63716371

    OVERSTOCK’S MEDICI ACQUIRES STAKE IN BLOCKCHAIN BANKING STARTUP

    Mar 12, 2019

    Medici Ventures, the blockchain investment arm of Overstock, has acquired a 5.1 percent equity stake in blockchain banking startup Bankorus. Announcing the news on Monday, Overstock said Bankorus’ blockchain platform allows individuals and institutions to “securely” buy, sell, stor...

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    /news-article.aspx?ID=63726372

    JPMORGAN TO OFFER LOWEST-FEE ETF WITH US STOCK MARKET EXPOSURE

    Mar 12, 2019

    JPMorgan Chase JPM has announced that the JPMorgan BetaBuilders U.S. Equity ETF, which will make its debut tomorrow, is expected to have a fee of 0.02%. With this, the company will launch America's lowest-fee exchange-traded fund yet to be offered, pushing the fee war to lower levels.By reducing...

    NASDAQ
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    /news-article.aspx?ID=63736373

    STOCKS CLOSE MIXED AS BOEING TAKES ANOTHER BIG BLOW

    Mar 12, 2019

    The Dow Jones Industrial Average fell Tuesday as shares of Boeing posted another sharp decline amid worries over the safety of one of its most popular airplanes. The 30-stock index closed 96 points lower, with Boeing shaving off more than 150 points. Boeing shares fell more than 6 percent, eclipsing...

    MSN
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    /news-article.aspx?ID=63746374

    A BLOCKCHAIN ETF IS LAUNCHING ON THE LONDON STOCK EXCHANGE TODAY

    Mar 11, 2019

    Investment management company Invesco is launching a blockchain exchange-traded fund (ETF) on the London Stock Exchange today. For the effort, Invesco has partnered with London-based Elwood Asset Management, an investment firm specializing in digital assets, to launch the product called the “I...

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    /news-article.aspx?ID=63606360

    KAKAO’S BLOCKCHAIN ARM RAISES $90 MILLION IN PRIVATE TOKEN SALE

    Mar 11, 2019

    Ground X, the blockchain subsidiary of South Korean messaging giant Kakao, has raised $90 million in a private coin offering. As reported by Bloomberg on Monday, Ground X CEO Jason Han said that IDG Capital, Cresendo Equity Partners and Translink Capital had participated in the round. The firm is al...

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    /news-article.aspx?ID=63616361

    SWISS EXCHANGE TO LIST XRP EXCHANGE-TRADED INVESTMENT PRODUCT

    Mar 11, 2019

    Switzerland’s primary stock exchange SIX could soon list another crypto currency-based exchange-traded product (ETP), which will track the price of XRP, the third largest crypto asset by market capitalization. Hany Rashwan, co-founder and CEO of the Swiss company Amun AG – which already ...

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    /news-article.aspx?ID=63626362

    9 BEST CHEAP STOCKS TO BUY NOW UNDER $5

    Mar 11, 2019

    These are potentially explosive stocks. All investors who buy anything other than strictly index funds are hunting for the best cheap stocks to buy. In one sense, a stock is simply cheap if it trades for less than it should, but the names on this list are cheap in another sense, too – less tha...

    USNEWS
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    /news-article.aspx?ID=63636363

    WHY A BOUT OF SMALL-CAP CARNAGE COULD BE A RED FLAG FOR STOCK-MARKET BULLS

    Mar 11, 2019

    U.S. stocks lost ground for five straight days last week, but the pain dealt to the major benchmarks was nothing compared with those felt by small-cap stocks.While the S&P 500 index SPX, +1.47% and the Dow Jones Industrial AverageDJIA, +0.79% both lost 2.2%, the small-cap tracking Russell 2000 R...

    MARKETWATCH
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    /news-article.aspx?ID=63646364

    GERMAN FINANCE MINISTRY CALLS FOR REGULATED BLOCKCHAIN SECURITIES MARKET

    Mar 08, 2019

    The German Ministry of Finance has recommended that the country recognize blockchain-based securities as a legitimate form of financial instrument and regulate them as such.In a paper published Friday, the agency said securities can be issued in electronic form and shouldn’t have to be documen...

    COINDESK
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    /news-article.aspx?ID=63506350

    YOUR GUIDE TO BLOCKCHAIN AND CRYPTOCURRENCY EVENTS AT SXSW 2019

    Mar 08, 2019

    t all started with a keynote conversation with Cameron and Tyler Winklevoss in 2016.
    South by Southwest (SXSW) organizers say that was the first inkling that cryptocurrency could play a leading role in the annual innovation conference in Austin, Texas. Now, in the midst of a prolonged bear ma...

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    /news-article.aspx?ID=63516351

    ETHEREUM CREATOR VITALIK BUTERIN PROPOSES WALLET FEE TO FUND DEVELOPERS

    Mar 08, 2019

    Vitalik Buterin, the creator of the ethereum blockchain project, has proposed increasing user fees on the network for the purposes of supporting developers with sustainable funding.“I propose we consider supporting a community norm that client [and] wallet [developers] can [and] should charge ...

    COINDESK
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    /news-article.aspx?ID=63526352

    SWISSQUOTE BANK LAUNCHING ‘NUKE PROOF’ CRYPTO CUSTODY

    Mar 08, 2019

    Online banking and trading group Swissquote is launching a crypto custody service later this month.
    The Switzerland-based firm announced Friday that, starting March 21, retail and institutional customers will be able to transfer cryptocurrencies from external wallets to be stored in a Swissqu...

    COINDESK
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    /news-article.aspx?ID=63536353

    FACEBOOK BLOCKCHAIN JOB OPENINGS TOP 20 AMID STAFFING SPREE

    Mar 08, 2019

    Social media giant Facebook keeps looking to expand its blockchain-related staff. Facebook’s careers website now lists 20 job openings related to the technology in a wide range of areas, including: technology communications director, threat investigator, data scientist, two product managers an...

    COINDESK
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    /news-article.aspx?ID=63546354

    UNICEF EXPLORES BLOCKCHAIN TO IMPROVE INTERNET FOR ‘EVERY SCHOOL’ IN KYRGYZSTAN

    Mar 06, 2019

    Children’s non-profit organization UNICEF is in talks with the government of Kyrgyzstan to leverage blockchain technology to provide Internet access to every school in the country.“We are at the early stages of exploring a blockchain-based solution for the Project Connect initiative in K...

    COINDESK
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    /news-article.aspx?ID=63306330

    EASTERN CARIBBEAN CENTRAL BANK TO TEST BLOCKCHAIN LEGAL TENDER

    Mar 06, 2019

    The Eastern Caribbean Central Bank (ECCB) is about to conduct a pilot for a blockchain-based central bank digital currency (CBDC) in preparation for its planned full rollout as a legal tender, possibly in 2020.
    For the initiative, the ECCB late last month inked a deal with Barbados-based fint...

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    /news-article.aspx?ID=63316331

    8 STOCKS AND FUNDS THAT HEDGE FUNDS ARE BUYING NOW

    Mar 06, 2019

    These are the hottest buys from institutional investors.One time each quarter, the average American investor gets a chance to peek over the shoulder of some of the wealthiest and most successful investors on Wall Street and see exactly which stocks they have been buying and selling. The U.S. Securit...

    USNEWS
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    /news-article.aspx?ID=63326332

    STOCKS SLIDE ON WEAKENING GLOBAL GROWTH OUTLOOK

    Mar 06, 2019

    U.S. stocks Opens a New Window. fell Wednesday as investors awaited tangible evidence that U.S.-China trade talks will be successful. In addition, the Organisation for Economic Co-operation and Development (OECD) cut its forecast for global economic growth Opens a New Window., which weighed on inves...

    FOXBUSINESS
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    /news-article.aspx?ID=63336333

    HOW BIG HEALTH INSURANCE STOCKS CAN REBOUND AFTER A SLUMP

    Mar 06, 2019

    Health insurance stocks have been tumbling since late February, and it’s not entirely clear why. Some analysts think the slide was caused by the growing support for more aggressive health reform proposals, including a Medicare for All bill and potential changes to how people pay for prescripti...

    BARRONS
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    /news-article.aspx?ID=63346334

    DIRECTIVE RANKS #1 IN CLUTCH’S TOP B2B MARKETING SERVICE PROVIDERS

    Mar 06, 2019

    Directive, the leading B2B and enterprise search marketing agency, has recently been honored as the number one B2B marketing and advertising service provider in Los Angeles, according to Clutch. Clutch is a B2B research, ratings and reviews site that identifies leading IT and marketing service provi...

    SOURCE
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    /news-article.aspx?ID=68756875

    BITCOIN SEEKING GAINS AFTER RETAKING KEY PRICE SUPPORT

    Mar 05, 2019

    Bitcoin’s immediate outlook will remain neutral while prices are trapped in the range of $3,658-$3,900.
    If the bulls can keep prices above the 5-week MA support at $3,703, we could see a rally above $4,000. The average is reporting bullish conditions for the first time since August. On ...

    COINDESK
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    /news-article.aspx?ID=63206320

    COURT GIVES QUADRIGACX 45-DAY EXTENSION IN SEARCH FOR CRYPTO MILLIONS

    Mar 05, 2019

    A Canadian judge has granted troubled exchange QuadrigaCX a bit more breathing room as it searches for nearly $140 million in missing crypto currencies. Judge Michael Wood, of the Nova Scotia Supreme Court, said he was satisfied that a stay of proceedings first granted a month ago should be extended...

    COINDESK
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    /news-article.aspx?ID=63216321

    TRUEUSD STABLECOIN TO ADD ‘REAL TIME’ MONITORING OF DOLLAR BACKING

    Mar 05, 2019

    TrustToken has announced a new partnership that it says will allow traders using its regulated stablecoin, TrueUSD (TUSD), to have a “real-time” view of the U.S. dollars backing the token.
    For the effort, the San Francisco-based firm has teamed up with accounting firm Armanino, wh...

    COINDESK
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    /news-article.aspx?ID=63226322

    BLOCKFI NOW OFFERS A CRYPTO DEPOSIT ACCOUNT WITH COMPOUND INTEREST

    Mar 05, 2019

    Crypto currency lending startup BlockFi has launched a crypto deposit account that provides compound interest. Announcing the news on Tuesday, the firm said that the BlockFi Interest Account (BIA) is now live and offers customers an annual interest rate of 6 percent, paid on a monthly basis in crypt...

    COINDESK
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    /news-article.aspx?ID=63236323

    CRYPTO EXCHANGE WEX LINKED TO IRANIAN RANSOMWARE OPERATORS, SAYS PWC

    Mar 05, 2019

    Cryptocurrency exchange WEX, successor to the shuttered BTC-e exchange, has again been tied to illicit funds gained through ransomware attacks.According to a recent bulletin from consulting firm PwC, two Iranians said to have created the SamSam ransom ware variant have been tied to the exchange and ...

    COINDESK
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    /news-article.aspx?ID=63246324

    BITCOIN’S MACD PRINTS STRONGEST BULL SIGNAL IN OVER A YEAR

    Mar 04, 2019

    The moving average convergence divergence (MACD) has become the latest charting indicator to signal bitcoin may soon see a trend reversal that could put an end to its months-long price decline.
    As reported, the money flow index (MFI), an indicator used to identify buy and sell pressure, creat...

    COINDESK
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    /news-article.aspx?ID=63106310

    BITCOIN CODERS SEND INTERNATIONAL LIGHTNING PAYMENT OVER HAM RADIO

    Mar 04, 2019

    In what appears to be a first-of-its-kind transaction, two developers working in separate countries have successfully sent a bitcoin lightning payment over radio waves. Organized over Twitter this past weekend, the transaction was sent by Rodolfo Novak, co-founder of bitcoin hardware startup CoinKit...

    COINDESK
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    /news-article.aspx?ID=63116311

    CRYPTO ‘PRIME BROKER’ TAGOMI RAISES $12 MILLION IN ROUND LED BY PARADIGM

    Mar 04, 2019

    Tagomi, a startup that bills itself as crypto’s answer to Wall Street prime brokerages, has raised another $12 million in a funding round led by Paradigm. Other participants in the round announced Monday include Pantera Capital, Four Arrows and Multicoin Capital. Tagomi previously secured back...

    COINDESK
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    /news-article.aspx?ID=63126312

    HTTPS://WWW.COINDESK.COM/CIRCLE-COMPLETES-SEEDINVEST-PURCHASE-PAVING-THE-WAY-FOR-TOKENIZED-EQUITIES

    Mar 04, 2019

    Crypto startup Circle has closed its acquisition of the equity crowdfunding platform SeedInvest, paving the way for the company to tokenize securities in the future. The deal, announced in October, is now officially completed after Circle obtained approval from the self-regulatory organization FINRA...

    COINDESK
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    /news-article.aspx?ID=63136313

    TETHER TO LAUNCH NEW VERSION OF USDT STABLECOIN ON TRON BLOCKCHAIN

    Mar 04, 2019

    Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain.
    For the effort, Tether is partnering with the Tron Foundation to launch the dollar-pegged USDT stablecoin as a TRC-20 token, the companies announced Monday. TRC-20 is a technical standard use...

    COINDESK
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    /news-article.aspx?ID=63146314

    THE RIGHT WAY TO DO BLOCKCHAIN CONSORTIUMS

    Mar 03, 2019

    2019 will be the year the rubber meets the road for blockchain consortia.If 2017 was a buzzy time that saw a number of successful proofs-of-concept launch, 2018 was a more sedate period when the lawyers got together to develop the framework under which consortia could operate. However, 2019 will be ...

    COINDESK
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    /news-article.aspx?ID=62996299

    WILL FIAT-BACKED STABLECOINS PASS LEGAL MUSTER WITH THE SEC AND CFTC?

    Mar 02, 2019

    As we enter the second year of this so-called “crypto winter,” the stablecoin market is hotter than ever. In recent months, stablecoins – digital assets pegged to the value of fiat currencies like the U.S. dollar – have exploded in size and variety thanks to high-profile offe...

    COINDESK
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    /news-article.aspx?ID=63006300

    LONG THE BANKERS! WHY SECURITY TOKENS NEED TRUSTED MIDDLEMEN

    Mar 02, 2019

    As one of the very first people to tokenize a VC fund when the term “security tokens” almost didn’t exist, and as an early investor in the space, I have a unique point of view into the rapid growth of this ecosystem. But growth is not just about numbers, it’s also about growi...

    COINDESK
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    /news-article.aspx?ID=62986298

    $100 MILLION SHORT: QUADRIGACX AUDIT CAN’T ACCOUNT FOR 26K MISSING BITCOIN

    Mar 01, 2019

    Ernst and Young (EY), the court-appointed monitor for QuadrigaCX, has finally provided blockchain addresses for the ailing crypto exchange’s cold, or offline, bitcoin wallets. And aside from $400,000 worth of bitcoin that was accidentally sent to the cold wallets in early February, they are em...

    COINDESK
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    /news-article.aspx?ID=63016301

    BINANCE DANGLES $100K IN CRYPTO TO GET USERS TO TEST ITS DEX

    Mar 01, 2019

    Cryptocurrency exchange Binance is hoping to boost the number of people testing its upcoming decentralized exchange (DEX) platform by giving away $100,000 in tokens. Announcing the news on Twitter on Friday, Binance CEO Changpeng “CZ” Zhao said:“To test the hell out of @Binance_DEX...

    COINDESK
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    /news-article.aspx?ID=63026302

    RIPPLE SCORES MINOR VICTORY IN US SECURITIES CLASS ACTION

    Mar 01, 2019

    A judge has ruled that an ongoing class action lawsuit against Ripple must remain in federal court, potentially giving the payments firm a slight advantage going forward. U.S. District Judge Phyllis Hamilton, of the Northern District of California, ruled Thursday that a class action lawsuit filed ag...

    COINDESK
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    /news-article.aspx?ID=63036303

    ASIAN SHARES UP AFTER MSCI ANNOUNCES CHINA WEIGHTING BOOST

    Mar 01, 2019

    Chinese shares rallied, with the blue-chip CSI300 index adding 1.2 percent after MSCI said it would quadruple the weighting of mainland shares in its global benchmarks later this year, potentially drawing more than $80 billion of fresh foreign inflows to the world’s second-biggest economy. Tha...

    REUTERS
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    /news-article.aspx?ID=62906290

    JPMORGAN STAYS WITH VENEZUELA IN EMERGING BOND INDEXES: FUND MANAGERS

    Mar 01, 2019

    Investors have been concerned about the status of PDVSA debt after Washington imposed sweeping sanctions on the company earlier this year. JPMorgan, which declined to comment on its monthly rebalancing, also sent out a survey to its clients asking more specific questions about Venezuela, Tina Vander...

    REUTERS
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    /news-article.aspx?ID=62916291

    MEXICO CENTRAL BANK PARES GROWTH FORECASTS, CITES RATINGS CONCERN

    Feb 28, 2019

    In a quarterly report, the bank lowered its Mexican growth forecast to between 1.1 percent-2.1 percent for full-year 2019 and 1.7 percent to 2.7 percent for 2020, echoing increasing skepticism among private sector economists on the economic outlook. The bank had previously forecast growth of between...

    REUTERS
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    /news-article.aspx?ID=62776277

    PUNDI X’S NEW PHONE CAN SWITCH BETWEEN BLOCKCHAIN AND ANDROID

    Feb 28, 2019

    Blockchain device manufacturer startup Pundi X unveiled new specifications for its blockchain phone, which it plans to release to the public later this year. Revealed at the Mobile World Congress conference in Barcelona this week, the XPhone will let users switch between a traditional mode that supp...

    COINDESK
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    /news-article.aspx?ID=62866286

    FRENCH PRESIDENT SAYS BLOCKCHAIN COULD PUT EUROPE AT ‘VANGUARD’ OF INNOVATION

    Feb 28, 2019

    French President Emmanuel Macron has called for increased use of data technologies such as blockchain in the EU to boost the agriculture industry and address concerns over food traceability. Inaugurating the 56th International Agricultural Fair in Paris at the weekend, Agridigitale.net reports, Macr...

    COINDESK
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    /news-article.aspx?ID=62876287

    SINGAPORE STATE-OWNED FUND BACKED COINBASE’S $300 MILLION RAISE: REPORT

    Feb 28, 2019

    GIC Private Limited, a Singapore government-owned wealth fund, reportedly backed Coinbase’s $300 million funding round last year. The news comes via a Bloomberg report on Thursday citing “people familiar with the matter.” This was possibly GIC’s first investment in the crypto...

    COINDESK
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    /news-article.aspx?ID=62886288

    BITCOIN PRICE MAY RISE IN MARCH DESPITE MONTH’S BEARISH TRACK RECORD

    Feb 28, 2019

    Bitcoin could end the five-year March losing streak with solid gains if resistance at $4,190 (high of last week’s inverted bullish hammer) is convincingly scaled in the next week or two.The cryptocurrency reinforced a bullish triangle breakout witnessed last week with a quick recovery from sub...

    COINDESK
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    /news-article.aspx?ID=62896289

    SONY AND FUJITSU LAUNCH BLOCKCHAIN TRIAL TO SECURE EDUCATIONAL RECORDS IN JAPAN

    Feb 27, 2019

    For foreign workers entering Japan, language skills are extremely important, meaning training and proper credentials go a long way towards finding a job. To make this process easier, Japanese multinational company Sony Global Education Inc. and technology equipment services company Fujitsu Inc. have...

    SILICONANGLE
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    /news-article.aspx?ID=62786278

    BLOCKCHAIN HOME EQUITY LOAN STARTUP FIGURE RAISES $65M

    Feb 27, 2019

    Figure Technologies Inc., a home equity financial technology startup that uses blockchain tech to facilitate loans, today said it has raised $65 million in new funding to bolster its product offering and  growth.The Series B round was led by RPM Ventures and DST Global and included Ribbit Capit...

    SILICONANGLE
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    /news-article.aspx?ID=62796279

    DESPITE SELL-OFF WARNING, $8 BILLION MONEY MANAGER SEES STOCKS HITTING RECORD HIGHS THIS YEAR

    Feb 27, 2019

    Avalon Advisors' Bill Stone sees stocks hitting record highs this year, but getting won't come without trouble."This is as good as it gets, at least in the short run," the firm's chief investment officer said Monday on CNBC's "Trading Nation."Stone, whose firm has...

    CNBC
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    /news-article.aspx?ID=62726272

    POWELL HEADS TO CAPITOL HILL WITH A CHANCE TO EASE THE MARKET'S FEARS

    Feb 27, 2019

    Jerome Powell heads to Capitol Hill this week to do something he's struggled with lately: convey the Federal Reserve's future intentions without upsetting financial markets.The central bank chairman has suffered a series of missteps and backtracks.It began in October with his pronouncement t...

    CNBC
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    /news-article.aspx?ID=62736273

    DEVELOPER OF BLOCKCHAIN PROJECT ICON DENIES IPO PLAN REPORTS

    Feb 27, 2019

    South Korea-based ICONLOOP, the firm developing blockchain project ICON, has denied claims that it’s planning to hold an initial public offering (IPO).A report from local media outlet Pulse News on Wednesday cited “an investment banking industry source” as saying that ICONLOOP is p...

    COINDESK
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    /news-article.aspx?ID=62746274

    HACKED EXCHANGE CRYPTOPIA DISCLOSES ESTIMATE OF STOLEN CRYPTO

    Feb 27, 2019

    New Zealand-based cryptocurrency exchange Cryptopia has given an idea of the losses arising from a hack on its platform last month. After being almost silent since the breach, the firm published a series of updates via Twitter on Wednesday. Most notably, Cryptopia provided an update on how much of t...

    COINDESK
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    /news-article.aspx?ID=62756275

    SONY, FUJITSU AIM TO MAKE EDUCATIONAL DATA ‘UNFALSIFIABLE’ WITH BLOCKCHAIN

    Feb 27, 2019

    Two Japanese tech giants have teamed up on an initiative using blockchain to provide educational records that cannot be faked. Announced by Sony on Wednesday, Sony Global Education, Fujitsu Ltd. and the Fujitsu Research Institute have launched a field trial to evaluate the utility of blockchain tech...

    COINDESK
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    /news-article.aspx?ID=62766276

    SWISS BANK JULIUS BAER TO OFFER DIGITAL ASSET SERVICES

    Feb 26, 2019

    Swiss private bank Julius Baer has partnered with a cryptocurrency banking startup to offer digital asset services later in 2019. Announcing the news on Tuesday, Julius Baer said it has partnered with SEBA Crypto AG and will utilize platform to offer storage, transaction and investment solutions for...

    COINDESK
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    /news-article.aspx?ID=62686268

    BITCOIN PRICE HOLDS ABOVE $3,700 BUT BULLS NEED PROGRESS SOON

    Feb 26, 2019

    Bitcoin’s defense of $3,700 is encouraging, but a positive follow-through is needed soon to invalidate a bear flag pattern that has developed on the hourly chart.A UTC close below $3,714 would validate Sunday’s bearish outside reversal candle and confirm a bullish-to-bearish trend change...

    COINDESK
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    /news-article.aspx?ID=62696269

    THERE’S NO CRYPTO WINTER IN ARGENTINA, WHERE STARTUPS RAMP UP TO MEET DEMAND

    Feb 26, 2019

    While bitcoin advocates point to politically fraught Venezuela as a prime example of crypto adoption, they often overlook the more business-friendly hub a bit farther south. Since Argentina has a sordid history of banks restricting customer access, plus an inflation rate that hit 47 percent in 2018,...

    COINDESK
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    /news-article.aspx?ID=62706270

    SOFTBANK EYES BLOCKCHAIN TO SOLVE ISSUES WITH ONLINE AUTHENTICATION

    Feb 26, 2019

    Japanese telecom SoftBank is exploring blockchain tech as a way to improve upon current centralized and fragmented ID and authentication services.The firm announced Tuesday that it has partnered with U.S.-based blockchain startup TBCASoft for the initiative and has created a working group within an ...

    COINDESK
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    /news-article.aspx?ID=62716271

    DUAL ETHEREUM BLOCKCHAIN UPGRADE TO INITIATE BEFORE MARCH

    Feb 25, 2019

    Ethereum is finally rolling out the delayed upgrade from January 2019, Constantipole along with the measures taken in a second upgrade dubbed St. Petersburg. The upgrade Constantipole was previously delayed owing to the major issues revealed by experts, right before the launch. The security vulnerab...

    CRYPTOPOLITAN
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    /news-article.aspx?ID=62456245

    COINBASE EXCHANGE USERS CAN BUY AND SELL XRP STARTING TOMORROW

    Feb 25, 2019

    Crypto exchange Coinbase is launching support for XRP, the third-largest cryptocurrency by market capitalization. The exchange announced Monday it would be listing XRP on its professional trading platform, Coinbase Pro, in “transfer-only” mode, meaning customers can only deposit tokens t...

    COINDESK
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    /news-article.aspx?ID=62526252

    BITCOIN’S BULL TREND AT RISK AFTER HIGH-VOLUME PRICE DUMP

    Feb 25, 2019

    Bitcoin dropped 9.3 percent yesterday on the back of high volumes, invalidating the triangle breakout witnessed last Monday. A UTC close below $3,714 today would validate Sunday’s bearish outside reversal candle and open the doors to levels below $3,400.The longer duration charts are signaling...

    COINDESK
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    /news-article.aspx?ID=62536253

    GOLDMAN SAYS THE US ECONOMY HAS 'SHARPLY DECELERATED' BUT THESE STOCKS CAN STILL DO WELL

    Feb 25, 2019

    In the face of a slowing economy, companies with low operating leverage should outperform, according to Goldman Sachs. Such companies tend to have higher costs associated with more sales, but they have lower fixed costs to cover each month. So when companies are experiencing a drag on sales from a s...

    CNBC
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    /news-article.aspx?ID=62546254

    BANK OF AMERICA TO DROP U.S. TRUST AND MERRILL LYNCH NAMES, REBRAND WEALTH UNIT AS JUST 'MERRILL'

    Feb 25, 2019

    Two of the most vaunted names in banking are fading into retirement. Bank of America said Monday it will gradually retire the U.S. Trust brand to become the Bank of America Private Bank. The move is part of CEO Brian Moynihan's "one-company" strategy to more closely align the bank'...

    CNBC
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    /news-article.aspx?ID=62556255

    REDDIT CO-FOUNDER SAYS CRYPTO HYPE IS GONE – AND THAT’S A GOOD THING

    Feb 25, 2019

    Alexis Ohanian, the co-founder of social media platform Reddit and a VC investor, has said he believes the hype around cryptocurrency has dropped as speculators have fled the market – and that’s good for the industry.In an interview with Yahoo Finance published Friday, Ohanian, said:&ldq...

    COINDESK
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    /news-article.aspx?ID=62566256

    CRYPTOCURRENCY MARKETS HIT NEW 2019 HIGH AS RALLY RESUMES

    Feb 24, 2019

    Many expected Bitcoin to hit resistance at $4,000 and fall back again in a pattern repeated countless times this year. Instead it has broken through it and settled at the 200 moving average level at around $4,200. This movement has pulled the rest of the altcoins up to a new 2019 high in terms of ma...

    ETHEREUMWORLDNEWS
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    /news-article.aspx?ID=62466246

    GREEN NEW DEAL FUNDING: REMEMBER FINANCE IS A PUBLIC-PRIVATE FRANCHISE, NOT A BIG BROKER IN THE SKY

    Feb 24, 2019

    It is common to hear people claim or assume that finance is about ‘intermediation,’ a matter of channeling scarce funds from virtuous private savers to needful end-users. The picture behind this assertion is that of a gargantuan private broker – the financial system as massive &lsq...

    FORBES
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    /news-article.aspx?ID=62446244

    THAILAND GREEN LIGHTS ISSUANCE AND TRADING OF BLOCKCHAIN SECURITIES

    Feb 22, 2019

    The Thai government is moving to allow blockchain-based securities to be issued and traded in the country.According to a report from Bangkok Post on Friday, Thailand’s National Legislative Assembly has approved an amendment to the Securities and Exchange Act legalizing the issuance of tokenize...

    COINDESK
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    /news-article.aspx?ID=62426242

    CASPERLABS IS BUILDING A POS BLOCKCHAIN WITH HELP FROM ETHEREUM’S VLAD ZAMFIR

    Feb 22, 2019

    A new startup called CasperLabs has launched with the aim of building a new blockchain based on a version of proof-of-stake (PoS), the experimental consensus protocol most associated with ethereum. Ethereum Foundation researcher Vlad Zamfir will serve as lead consensus protocol architect of the comp...

    COINDESK
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    /news-article.aspx?ID=62436243

    20 DIVIDEND STOCKS WITH ‘HEADROOM’ TO PAY INVESTORS EVEN MORE

    Feb 22, 2019

    When selecting dividend stocks, it’s critical to take a long, hard look at a company and consider how well the dividend is supported. A dividend cut is a dire scenario. There is no way to be absolutely certain a company won’t lower its payout, but extra homework will reduce that risk. In...

    MSN
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    /news-article.aspx?ID=62356235

    MARKETS RIGHT NOW: S&P 500 BREAKS A 3-DAY WINNING STREAK

    Feb 21, 2019

    The latest on developments in financial markets (all times local):4 p.m.Stocks are closing lower on Wall Street, breaking a three-day winning streak for the S&P 500.The modest decline in the benchmark index Thursday marked only the fourth loss this month.The losses were broad, with health care s...

    FOXBUSINESS
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    /news-article.aspx?ID=62366236

    SPANISH TELECOM GIANT TO TRIAL BLOCKCHAIN CONSUMER DATA MARKETPLACE

    Feb 21, 2019

    Spanish telecom multinational Telefonica is to trial a blockchain-based platform that lets users sell their personal information.The news was announced by Wibson, which offers a decentralized data marketplace that allows individuals to sell “validated” private information for a profit. T...

    COINDESK
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    /news-article.aspx?ID=62326232

    OHIO EYES POTENTIAL BLOCKCHAIN BENEFITS IN REAL ESTATE TRANSACTIONS

    Feb 21, 2019

    A group of county auditors in the U.S. state of Ohio has launched a study of the benefits blockchain tech might bring to property transactions. The County Auditors’ Association of Ohio (CAAO) announced Wednesday that it has formed a working group to determine how blockchain tech can be impleme...

    COINDESK
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    /news-article.aspx?ID=62336233

    OVERSTOCK CEO ELECTRIFIES AT INVESTMENT BANK OPPENHEIMER’S BLOCKCHAIN EVENT

    Feb 21, 2019

    “Warning! This is all risky, it may all fail.”That was how Patrick Byrne, CEO of Overstock, concluded his keynote about investing in blockchain at a Wednesday event in New York hosted by investment bank and brokerage Oppenheimer & Co. Unusually formal in a suit and tie, Byrne electri...

    COINDESK
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    /news-article.aspx?ID=62346234

    THE NEXT BIG MARKET CATALYST WILL BE WHAT THE FED SAYS ABOUT ITS BALANCE SHEET THIS WEEK

    Feb 20, 2019

    Federal Reserve Board Chairman Jerome Powell arrives to speak at a press conference after the Fed announced interest rates would remain unchanged, in Washington, DC, January 30, 2019.The market has reason to believe that the Fed is going to stop raising interest rates for a while. Less certain is wh...

    CNBC
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    /news-article.aspx?ID=62166216

    THE SEC IS NOW REVIEWING 2 BITCOIN ETF PROPOSALS

    Feb 20, 2019

    For the first time since August, there are now multiple bitcoin exchange-traded fund (ETF) proposals sitting before the U.S. Securities and Exchange Commission (SEC).The VanEck/SolidX proposal filed with Cboe BZX Exchange has now appeared in Wednesday’s editionof the Federal Register, official...

    COINDESK
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    /news-article.aspx?ID=62226222

    CRYPTOS ‘NOT A SUBSTITUTE’ FOR THE PRECIOUS METAL, SAYS WORLD GOLD COUNCIL

    Feb 20, 2019

    Cryptocurrencies are “no substitute for gold,” according to the World Gold Council (WGC).The WGC, a market development organization for the gold industry, published the report late last month, arguing that gold is “very different” from cryptocurrencies. It’s less volati...

    COINDESK
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    /news-article.aspx?ID=62236223

    WYOMING LAWMAKERS PASS THREE BILLS IN BOOST FOR STATE’S CRYPTO INDUSTRY

    Feb 20, 2019

    The U.S. state of Wyoming has passed several bills aimed to make the state a top destination for cryptocurrency and blockchain businesses. The Wyoming House of Representatives approved bill SF0125 last week, which recognizes digital assets as property and clears the way for banks to act as crypto cu...

    COINDESK
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    /news-article.aspx?ID=62246224

    YOU CAN NOW TEST BINANCE’S DECENTRALIZED CRYPTO EXCHANGE

    Feb 20, 2019

    Binance, the world’s largest cryptocurrency exchange by trading volume, has rolled out public testing for a decentralized trading platform built on its own block chain network. The company announced on Wednesday the new platform – called Binance DEX – is now up for public testing w...

    COINDESK
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    /news-article.aspx?ID=62256225

    ELON MUSK CALLS BITCOIN ‘BRILLIANT,’ BETTER THAN PAPER MONEY FOR VALUE TRANSFER

    Feb 20, 2019

    Elon Musk, founder and CEO of Tesla and SpaceX, has gone public with his belief that cryptocurrency offers an improved alternative to conventional money.In a podcast interview with investment firm ARK Invest on Feb. 19, Musk talked about his views on the future of his companies and responded specifi...

    COINDESK
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    /news-article.aspx?ID=62266226

    PAYU IN ADVANCED TALKS TO INVEST UPTO $150M IN CAPITAL FLOAT

    Feb 19, 2019

    Global fintech major PayU is in advanced discussions to invest $100-$150 million in Bengaluru-based CapFloat Financial Services, which owns and operates digital lending platform Capital Float, as the Naspers-owned company looks to expand its reach in India’s small and medium business lending s...

    ECONOMICTIMES
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    /news-article.aspx?ID=62066206

    SOUTH KOREAN CAPITAL’S $1 BILLION STARTUP FUND WILL INCLUDE BLOCKCHAIN FIRMS

    Feb 19, 2019

    The government of South Korea’s capital city has committed to invest 1.2 trillion won ($1.07 billion) by 2022 via an investment fund for startups, including those working with fintech and blockchain. The Seoul Metropolitan Government announced the news Monday, stating that via the Seoul Innova...

    COINDESK
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    /news-article.aspx?ID=62126212

    COINBASE ACQUIRES BLOCKCHAIN-TRACKING STARTUP NEUTRINO FOR UNDISCLOSED PRICE

    Feb 19, 2019

    Coinbase has acquired blockchain analytics startup Neutrino as part of a wider push to offer more diverse crypto assets across borders.“This is particularly important as we work with regulators and agencies in different countries to bring new assets there,” Coinbase’s director of e...

    COINDESK
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    /news-article.aspx?ID=62136213

    GERMANY SEEKING INDUSTRY FEEDBACK FOR NATIONAL BLOCKCHAIN STRATEGY

    Feb 19, 2019

    The German government is seeking industry feedback ahead of developing the country’s blockchain strategy by the summer. A Reuters report on Monday, citing anonymous government sources, said that companies and industry groups “that could become stakeholders in a blockchain deployment proc...

    COINDESK
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    /news-article.aspx?ID=62146214

    BARCLAYS HOPED 2008 CASH CALL WOULD DRIVE INTERNATIONAL GROWTH, COURT TOLD

    Feb 19, 2019

    Marcus Agius, called as a prosecution witness in the fraud trial of four former senior colleagues, said the bank had hoped to secure partnerships that would reinforce the bank’s global ambitions by granting Barclays “favored nation status” for future business opportunities with inv...

    REUTERS
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    /news-article.aspx?ID=62156215

    CRYPTO SECURITIES ARE YEARS AWAY FROM MAINSTREAM, TECHNOLOGISTS SAY

    Feb 18, 2019

    Despite a growing mainstream interest in the use of crypto assets and blockchains as a way to replicate and represent securities, some of the use case’s earliest innovators say sky-high expectations may not be in line with reality. For example, during a panel discussion at the ethereum confere...

    COINDESK
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    /news-article.aspx?ID=62026202

    ETHEREUM SCALING TECH MONOPLASMA WANTS TO LET DAPPS BROADCAST CRYPTO

    Feb 18, 2019

    Blockchain data platform Streamr has officially released a new open-source ethereum scaling technology called Monoplasma. Inspired by a pre-existing scaling solution called plasma, Monoplasma is different in that it focuses specifically on “one-to-many payments” in which users would need...

    COINDESK
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    /news-article.aspx?ID=62036203

    FIRST FINANCIAL PRODUCT CONVERTING IP TO CAPITAL VALUE

    Feb 18, 2019

    China’s first asset-backed securities with the financial leases of intellectual property were recently approved for listing on the Shenzhen Stock Exchange. “It’s debatable in the market whether the IP asset can be financed by way of sale and lease back,” Eddie Hu, a partner a...

    VANTAGEASIA
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    /news-article.aspx?ID=62046204

    GAMMA CAPITAL MARKETS HIRES THREE FINANCIAL ADVISERS IN ITALY

    Feb 18, 2019

    The Italian business of the Maltese manager Gamma Capital Markets has appointed three financial advisers with the aim of bolstering the firm's asset management team. Paolo Manara, Giovanna Matarese and Marco Riccaboni join Gamma's financial advisory team in Italy. The trio brings a long expe...

    INVESTMENTEUROPE
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    /news-article.aspx?ID=62056205

    RETHINK, RENEW: SHAPESHIFT CEO ERIK VOORHEES TO REBRAND CRYPTO EXCHANGE

    Feb 17, 2019

    Cryptocurrency exchange startup ShapeShift is planning a major rebrand this year. Announced at ETHDenver, an ethereum developer conference being held in Colorado this weekend, ShapeShift CEO Erik Voorhees said that starting Monday the company will be opening up a closed beta period for selected user...

    COINDESK
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    /news-article.aspx?ID=62006200

    MAYER MULTIPLES: THE METRIC THAT HELPS CALL BITCOIN BUBBLES AND BOTTOMS

    Feb 17, 2019

    Calling precise market tops and bottoms is next to impossible in the volatile cryptocurrency markets. That said, some traders believe identifying speculative bubbles and moments of bearish exhaustion can be made possible through the use of a fairly new metric known as the Mayer Multiple. Created by ...

    COINDESK
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    /news-article.aspx?ID=62016201

    A BIG CHANGE IN ACCOUNTING WILL PUT $3 TRILLION IN LIABILITIES ON CORPORATE BALANCE SHEETS

    Feb 16, 2019

    A new corporate accounting rule is about to pull an estimated $3 trillion out of the shadows.Starting this year, companies are required to record the cost of renting assets used in their operations, such as office space, equipment, planes and cars, on their balance sheets rather than bury that expen...

    CNBC
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    /news-article.aspx?ID=61936193

    BIG U.S. EXCHANGES TO SUE SEC OVER 'OVERREACHING' FEE EXPERIMENT

    Feb 16, 2019

    NEW YORK (Reuters) - The three largest U.S. stock exchange operators said they will sue the Securities and Exchange Commission for overstepping its authority by ordering a pilot program to test banning lucrative payments exchanges make to brokers for resting stock orders. “We disagree with the...

    REUTERS
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    /news-article.aspx?ID=61996199

    HSBC FOREX TRADING COSTS CUT SHARPLY BY BLOCKCHAIN - EXECUTIVE

    Feb 14, 2019

    The bank processes between 3,500 and 5,000 trades a day on its “FX Everywhere” system, settling trades worth $350 billion, Mark Williamson, chief operating officer of FX cash trading and risk management, told Reuters.The HSBC platform is a rare example of blockchain technology being put ...

    REUTERS
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    /news-article.aspx?ID=61906190

    JPMORGAN CHASE TO CREATE DIGITAL COINS USING BLOCKCHAIN FOR PAYMENTS

    Feb 14, 2019

    The largest U.S. bank by assets said customers, on depositing money at the bank, will be issued the cryptocurrency that they will be able to use for transactions over the network with other JPMorgan clients.The coin can be redeemed for a U.S. dollar, so its value will largely remain stable, the bank...

    REUTERS
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    /news-article.aspx?ID=61916191

    BITCOIN TO BE DIGITAL GOLD, GALAXY DIGITAL FOUNDER TALKS ON ‘BITCOIN RECOVERY PHASE’

    Feb 13, 2019

    So during a Bloomberg Daybreak show in Europe, today on Feb 13, 2019, Mike Novogratz of Galaxy Digital discusses something very interesting that many investors, traders and crypto enthusiasts were waiting to listen. He says ‘we are in the fresh phase of recovery in crypto’.We’re at...

    COINGAPE
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    /news-article.aspx?ID=61926192

    STOCKS MAKING THE BIGGEST MOVES AFTER HOURS: CISCO, AIG, YELP AND MORE

    Feb 13, 2019

    shares jumped more than 4 percent after hours Wednesday after posting better-than-expected second-quarter earnings. The technology company beat on the top and bottom lines. They reported earnings of 73 cents on revenue of $12.45 billion. Wall Street estimated earnings of 72 cents on revenue of $12.4...

    CNBC
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    /news-article.aspx?ID=61896189

    RUSSIAN CENTRAL BANK SAW MORE FOREIGN APPETITE FOR OFZ BONDS IN JAN

    Feb 12, 2019

    MOSCOW, Feb 12 (Reuters) - Russia's central bank said on Tuesday that foreign investors' holdings of government OFZ bonds had grown in January at their highest pace since early 2018 after non-residents scaled down their share of OFZs last year.The central bank also said there had been no neg...

    CNBC
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    /news-article.aspx?ID=61776177

    TWO REMITTANCE FIRMS GO LIVE WITH RIPPLE-BASED PAYMENTS TO THAILAND

    Feb 11, 2019

    Remittance firms UAE Exchange and Unimoni have gone live with blockchain-based payments using Ripple technology.Finablr, which owns the two brands, announced Sunday that “real-time” cross-border remittances using RippleNet are now live, starting with payments for its international custom...

    COINDESK
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    /news-article.aspx?ID=61826182

    ACCOUNTING KEY TO RESTORING TRUST IN THE PUBLIC SECTOR – WILLIAMS

    Feb 11, 2019

    Minister without Portfolio in the Ministry of Finance and the Public Service, Fayval Williams, has underscored that good quality fiscal management is important to restoring confidence in the public sector.“High standards of accountability and financial management are essential to rebuilding tr...

    LOOPJAMAICA
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    /news-article.aspx?ID=61836183

    CREDIT SUISSE INVESTMENT BANK WON'T SHRINK MORE: CHAIRMAN

    Feb 11, 2019

    ABU DHABI (Reuters) - Citigroup expects the majority of investment banking opportunities in the Middle East to come from Saudi Arabia and the United Arab Emirates this year, said Miguel Azevedo, Citigroup’s head of investment banking, Middle East and Africa. The U.S. lender, which is working t...

    REUTERS
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    /news-article.aspx?ID=61756175

    SURYODAY SMALL FINANCE BANK TO RAISE RS 200 CR BY MARCH END

    Feb 10, 2019

    Suryoday Small Finance Bank (SSFB) aims to raise Rs 200 crore by the end of the next month from the existing and new investors. SSFB, which started its banking operations in 2017, has large presence in three states including Maharashtra. "In order to give push to expansion plan, the bank is loo...

    THE ECONOMIC TIMES
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    /news-article.aspx?ID=61636163

    DEALING WITH COMMON ISSUES IN A BOC AUDIT

    Feb 10, 2019

    When shipments are “cleared” at the border after payment of duties and taxes, importers often assume that the Bureau of Customs (BoC) will simply move on without double-checking the shipment. This assumption is inaccurate. The BoC can actually conduct an audit of past transactions, simil...

    BUSINESSWORLD
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    /news-article.aspx?ID=61646164

    BARCLAYS TO SHIFT SOME CREDIT AND EQUITY DERIVATIVES SALES JOBS TO PARIS: SOURCES

    Feb 08, 2019

    LONDON (Reuters) - Barclays is shifting some jobs in its London-based credit and equity derivatives sales teams to Paris as it reorganizes its operations ahead of Brexit, two sources familiar with the matter said. Last month the bank warned staff in charge of credit and equity derivatives sales for ...

    REUTERS
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    /news-article.aspx?ID=61766176

    BANK OF AMERICA APPOINTS HEAD OF NEW EU UNIT IN BREXIT MOVE

    Feb 08, 2019

    Bank of America Merrill Lynch has named Sanaz Zaimi as head of its new Paris-based European Union broker-dealer unit BofA Securities Europe, the U.S. bank said on Friday.“We began the relocation of roles to our new Paris office this week. This is a critical milestone in the development of our ...

    REUTERS
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    /news-article.aspx?ID=61796179

    UAE TO DISCUSS BLOCKCHAIN AND DIGITAL ASSETS AT 7TH WORLD GOVERNMENT SUMMIT

    Feb 08, 2019

    The Ministry of Finance (MoF) of the United Arab Emirates (UAE) will discuss the development of blockchain and digital assets in the country’s economy at the 7th World Government Summit. The news was reported by business news outlet the Gulf Today on Feb. 7.The MoF will hold two closed session...

    COINTELEGRAPH
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    /news-article.aspx?ID=61546154

    THE NEW-AGE OF FINANCIAL DIS-INTERMEDIATION – P2P, STOS, BLOCKCHAIN, & CRYPTOCURRENCIES

    Feb 07, 2019

    The Financial Services industry has always been resistant to disruption. Till the twentieth century, the banks have always been placed at the center-hub of any national economy.It has been tough to disrupt these entrenched institutions with multiple moats around them. What are these moats like? Bank...

    BLOKT
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    /news-article.aspx?ID=61556155

    DEAL BOX INNOVATION FINANCE FORUM 2019

    Feb 07, 2019

    SAN DIEGO, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Deal Box, Inc., a pioneering digital securities platform and FinTech capital advisory firm, today announced that it is hosting an invitational investment forum in Newport Beach today featuring the Deal Box community of client companies and keynote speaker...

    GLOBENEWSWIRE
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    /news-article.aspx?ID=61566156

    RIPPLE ADDS 11 NEW UNIVERSITY BLOCKCHAIN RESEARCH INITIATIVE PARTNERS TO FUND RESEARCH AND EDUCATION

    Feb 07, 2019

    Ripple, one of the most mature companies in the blockchain space, is currently helping lead development for blockchain-focused academia and research.The blockchain based global settlements network launched its University Blockchain Research Initiative (UBRI) in June of last year to accelerate academ...

    FORBES
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    /news-article.aspx?ID=61576157

    SOCIAL TRADING GIANT ETORO ADDS CRYPTO BUYING AND SELLING IN 32 US STATES

    Feb 07, 2019

    Israel-based social investing platform eToro has launched a cryptocurrency trading platform and wallet service in the U.S.The firm announced Thursday that the new platform allows U.S. customers from 32 states and territories to trade 13 unspecified cryptocurrencies. Multi-asset trading is also sched...

    COINDESK
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    /news-article.aspx?ID=63406340

    CITY OF DENVER TO PILOT BLOCKCHAIN VOTING APP IN COMING ELECTIONS

    Feb 07, 2019

    A U.S. city plans to utilize a blockchain system to store and track votes in its upcoming municipal elections in May. Denver, Colorado, announced Thursday that it would implement a pilot program to allow overseas voters, active-duty military personnel and their eligible dependents to vote using a bl...

    COINDESK
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    /news-article.aspx?ID=63416341

    CONSENSYS TARGETS CRYPTO PRIVACY AND ADOPTION WITH NEW INVESTMENTS

    Feb 07, 2019

    The venture capital arm of ethereum development studio ConsenSys is continuing to invest in the blockchain and cryptocurrency space with the backing of two early-stage startups. ConsenSys Ventures announced Thursday that it invested $1.15 million investment in zero-knowledge proof (ZKP) cryptography...

    COINDESK
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    /news-article.aspx?ID=63426342

    LEDGERPRIME RAISES $12 MILLION FOR CRYPTO QUANT TRADING

    Feb 07, 2019

    LedgerPrime, a digital asset investment firm led by former Wall Street whizzes, has closed on $12 million of institutional capital and secured commitments for another $8 million.The proprietary trading firm, which began trading in the spot and derivatives markets for cryptocurrency in the fourth qua...

    COINDESK
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    /news-article.aspx?ID=63436343

    73% OF UK CONSUMERS SAY THEY DON’T KNOW WHAT CRYPTOCURRENCY IS

    Feb 07, 2019

    Seventy-three percent of U.K. consumers don’t know what a cryptocurrency is or are unable to define it, according to a new survey from the country’s financial watchdog, the Financial Conduct Authority (FCA).
    Announced Thursday, the research indicates that those who are most aware ...

    COINDESK
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    /news-article.aspx?ID=63446344

    NEW RESEARCH PULLS BACK THE CURTAIN ON ENTERPRISE CONTENT MARKETING IN 2019

    Feb 07, 2019

    With thousands of employees, working across multiple brands, products lines, offices and silos, enterprise marketers face unique content marketing challenges, yet many are scoring wins year after year. That’s according to the findings in the Content Marketing Institute’s new research rep...

    SOURCE
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    /news-article.aspx?ID=70427042

    SOFTBANK SELLS OFF ITS $3.6B STAKE IN NVIDIA, MULLS RAISING MORE CAPITAL

    Feb 06, 2019

    Japanese tech giant Softbank said Wednesday that its Vision Fund has sold off a stake in chipmaker Nvidia worth $3.6 billion. Meanwhile, Softbank is contemplating raising more capital for its $98.6 billion Vision Fund.Softbank made the announcements while reporting its financial earnings. In the las...

    FORTUNE
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    /news-article.aspx?ID=61486148

    WINSTON-SALEM-BASED BLOCKCHAIN TECHNOLOGY COMPANY CONTINUES TO GAIN MOMENTUM

    Feb 06, 2019

    In the same month, blockchain technology company Fluree PBC will attend the Google for Entrepreneurs' Startup Grind Conference in Redwood City, California, and will participate in a global hackathon tracking seafood traceability in Bangkok, Thailand.

    BIZJOURNALS
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    /news-article.aspx?ID=61496149

    MARKET PARTICIPANTS AND REGULATORS SHOULD BE MORE VIGILANT OF NON-BANKS

    Feb 05, 2019

    The  Financial Stability Board (FSB) released its eighth annual global monitoring report on non-bank financial intermediation (NBFI). On 22 October 2018, the FSB announced its decision to change the term “shadow banking” with the term “non-bank financial intermediation” ...

    FORBES
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    /news-article.aspx?ID=61456145

    2 EXPERTS SEE BITCOIN (BTC) RISING 84% THIS YEAR

    Feb 05, 2019

    After its strong ascent at $US20,000 in the final quarter of December 2017 courtesy of a global virtual currency fad, bitcoin shed more than 70 pct of its market value and spent most of 2018 tip-toeing between the $US4000 level.  The crypto was trading under $US3500 as of this posting.Two finte...

    LIVEBITCOINNEWS
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    /news-article.aspx?ID=61406140

    STOCK MARKET SEES SIGNIFICANT GROWTH, WHILE BITCOIN KEEPS STABILITY OVER PAST 7 DAYS

    Feb 04, 2019

    The major cryptocurrency Bitcoin is up around 0.2 percent over the past 24 hours, and is trading at $3,470 as of press time. However, following some slight losses on the week, Bitcoin is holding its weekly momentum, reporting 0.26 growth over the past 7 days at press time. With that, Bitcoin is down...

    COINTELEGRAPH
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    /news-article.aspx?ID=61416141

    BUD RAISES $20M TO CONNECT BANKS TO FINTECHS AND OTHER FINANCIAL SERVICE PROVIDERS

    Feb 04, 2019

    Bud, the U.K. fintech that helps banks connect their apps and data to other fintech  companies and financial service providers, has closed over $20 million in further funding. The Series A round sees the company pick up backing from a number of banks: HSBC (which, via First Direct, it also coun...

    TECHCRUNCH
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    /news-article.aspx?ID=61326132

    NON-BANKS NEED TO BE MORE TRANSPARENT ABOUT THEIR LEVERAGED LOANS AND OTHER HIGH-YIELD EXPOSURES

    Feb 04, 2019

    As part of its role to monitor systemic risks around the world, the Financial Stability Board (FSB) today released its eighth annual global monitoring report on non-bank financial intermediation (NBFI). Of particular concern, the FSB report shows that global high-yield debt (also known as leveraged ...

    FORBES
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    /news-article.aspx?ID=61466146

    THE FUTURE OF INVESTING: FINTECH 50 2019

    Feb 04, 2019

    vWant half a share of Apple, or bitcoin alongside protective puts? The investing, trading and wealth management firms on Forbes’ Fintech 50 2019 offer more than just the services once exclusive to big banks and traditional financial firms. They’re tapping into markets by merging new tric...

    FORBES
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    /news-article.aspx?ID=61476147

    US CAPITAL ADVISORS REITERATES “HOLD” RATING FOR TALLGRASS ENERGY (TGE)

    Feb 03, 2019

    US Capital Advisors restated their hold rating on shares of Tallgrass Energy (NYSE:TGE) in a report issued on Wednesday, January 16th. US Capital Advisors also issued estimates for Tallgrass Energy’s Q1 2019 earnings at $0.41 EPS, Q2 2019 earnings at $0.50 EPS, Q3 2019 earnings at $0.53 EPS an...

    FAIRFIELD CURRENT
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    /news-article.aspx?ID=61336133

    US-BASED INVESTOR SEEKS LOCAL FUND MANAGERS IN SH10BN PLAN

    Feb 03, 2019

    US-based investment company Capria is evaluating several fund managers in Kenya with a view to putting in part of its recently raised Sh10 billion with them for investment in areas of high potential returns. Capria opened in Nairobi towards the end of last year targeting Kenya and other African coun...

    BUSINESS DAILY
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    /news-article.aspx?ID=61306130

    BANK BULK TRANSFERS FLAT AS MOBILE MONEY RISES

    Feb 03, 2019

    The growth in the volume of bulk cash transfers through banks fell flat last year as alternative payment methods such as mobile money continued to take root. Central Bank of Kenya (CBK) data shows that in 2018, the volumes moved through the Real-time Gross Settlement (RTGS) system went up by 0.9 per...

    BUSINESS DAILY
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    /news-article.aspx?ID=61316131

    TOP 5 CRYPTO PERFORMERS OVERVIEW: LITECOIN, BINANCE COIN, RIPPLE, BITCOIN, TRON

    Feb 03, 2019

    Although Bitcoin (BTC) has managed to maintain its dominance throughout the bear market, we are seeing some major cryptocurrencies outperform it. This shows that the market has started to favor some coins and disregard the others.We believe that some cryptocurrencies might bottom out even before Bit...

    COINTELEGRAPH
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    /news-article.aspx?ID=61426142

    US SECURITIES REGULATOR SOLICITS BLOCKCHAIN ANALYTICS COMPANIES FOR DATA REVIEW

    Feb 03, 2019

    The United States Securities and Exchange Commission (SEC) is seeking sources for blockchain data and its analysis, a statement issued by the agency revealed on Jan. 31.According to the statement, the SEC is trying to find businesses able to provide blockchain data to support its risk monitoring and...

    COINTELEGRAPH
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    /news-article.aspx?ID=61436143

    BEXPLUS INVESTMENT ADVICE-DOUBLE YOUR BITCOIN IN “BEAR MARKET”

    Feb 03, 2019

    Most professionals predict that after one-year depreciation of the Bitcoin market in 2018, the Bitcoin price probable keep decline in 2019. If you buy 1 Bitcoin in the spot trade market with 10000 dollars at the beginning of 2018, your Bitcoin may only value 3500 dollars at present. In “Bitcoi...

    GLOBALCOINREPORT
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    /news-article.aspx?ID=61446144

    BLOCKCHAIN TECHNOLOGISTS AND FINANCE VETERANS COLLABORATE TO BRING BLOCKCHAIN TO CAPITAL MARKETS

    Jan 30, 2019

    Bridging old-world and new-world finance is something that blockchain technology has aimed to achieve since bitcoin was first released in January 2009. Ten years later, this is coming to fruition as blockchain-based solutions designed to enable faster, more transparent, peer-to-peer financial transa...

    FORBES
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    /news-article.aspx?ID=61346134

    WHEN IT COMES TO BANKING, ARE WE TOO CONCERNED ABOUT REGULATION?

    Jan 29, 2019

    We are told that we need banking regulation, as it protects both our money and our confidence with banks to hold it securely. But with questions over blockchain and cryptocurrency, why is it so important that licenses are held these days?In times of previous financial crisis, a run on the banks can ...


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    /news-article.aspx?ID=61066106

    US CONSUMERS RATTLED BY SHUTDOWN, ROILING MARKETS

    Jan 29, 2019

    U.S. consumer confidence tumbled this month to its lowest reading in a year and a half, tested by the partial government shutdown and roiling financial markets. Still, consumer spirits remain robust by historic standards.The Conference Board, a business research group, said Tuesday that its consumer...


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    /news-article.aspx?ID=61156115

    TRUMP EXPECTS CONGRESS TO HELP OVERHAUL FANNIE MAE, FREDDIE MAC

    Jan 29, 2019

    The administration of U.S. President Donald Trump intends to include Congress in any effort to pull back on its control over mortgage finance firms Fannie Mae and Freddie Mac, a White House official said on Tuesday. Details are still being hammered out, but the White House said it plans to announce ...


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    /news-article.aspx?ID=61166116

    GAMESTOP STOCK IS PLUNGING AFTER THE COMPANY FAILS TO FIND A BUYER

    Jan 29, 2019

    GameStop is selling, but it looks like nobody wants to buy. The video game retailer has given up on trying to sell the company as part of a broader strategic review spurred by investors last May. As of the time of this writing, the stock price is cratering from the news, down $4.09, or 26.4%. The co...


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    /news-article.aspx?ID=61176117

    CONTRARIAN INVESTORS CONSIDER WADING INTO EMERGING MARKETS BUT RISKS REMAIN

    Jan 29, 2019

    Investors in emerging markets had their heads handed to them in 2018, losing roughly 18% of their value on the year. If that wasn’t bad enough, just days before the World Economic Forum was slated to begin in Davos, Switzerland, the International Monetary Fund released its World Economic Repor...


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    /news-article.aspx?ID=61186118

    CRYPTOCURRENCY TOOLS AIMED AT MILLENNIAL INVESTORS ARE GAINING TRACTION

    Jan 29, 2019

    While major institutional-grade cryptocurrency tools have been created in response to a growing interest in investing in digital assets, new solutions geared towards younger investors could gain traction this year.Even with all the risks associated with investing in cryptocurrencies, millennials in ...


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    /news-article.aspx?ID=61196119

    FLYBE: UP 30% TODAY, TIME TO BUY THIS STOCK?

    Jan 28, 2019

    Flybe Group plc trading up 30% on the open and here is why…Flybe operates a fleet of over 80 aircrafts through Flybe UK and Flybe aviation services segments. These provide aviation services such as maintenance, repair and overhaul services to its own fleet and to third party customers. Flybe ...


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    /news-article.aspx?ID=61076107

    STOCK SPIRITS' TOP INVESTOR SEEKS TO OUST CHAIRMAN

    Jan 28, 2019

    Stock Spirits' top shareholder on Monday called for the removal of the vodka maker's chairman and raised questions about its growth prospects, more than two years after the investor won a battle to oust the company's then chief executive officer. Western Gate Private Investments Ltd, whi...


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    /news-article.aspx?ID=61086108

    'TOTAL SHOCK': PDVSA WORKERS TAKE STOCK OF U.S. SANCTIONS' IMPACT

    Jan 28, 2019

    Shock and fear swept through the headquarters of Venezuela's state-owned oil firm, PDVSA, on Monday, employees said, after the United States imposed sanctions aimed at limiting President Nicolas Maduro's access to oil revenues.A high-level manager said PDVSA President and Oil Minister Manuel...


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    /news-article.aspx?ID=61096109

    CATERPILLAR STOCK SLIDES ON PROFIT MISS, CHINA SALES FORECAST

    Jan 28, 2019

    Caterpillar Inc on Monday missed quarterly earnings estimates, hurt by soft Chinese demand, higher manufacturing and freight costs, sending shares of the heavy machinery maker tumbling as much as 10 percent. Industrial bellwether Caterpillar now expects construction equipment sales in China, the wor...


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    /news-article.aspx?ID=61056105

    STOCKS THIS WEEK: SHORT PAYPAL AND BUY ADVANCED MICRO DEVICES

    Jan 27, 2019

    The S&P 500 is likely to move higher in the coming week. The index is up against a downtrend line but will likely break through. The Value Line index, an equally weighted index of 1700 stocks, has already broken its downtrend line. Because this index is more representative of the market, the S&a...


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    /news-article.aspx?ID=60996099

    CAPITAL ONE'S Q4 RESULTS SAW HEADWINDS, BUT ITS SHARES STILL LOOK UNDERPRICED

    Jan 25, 2019

    Capital One reported a worse-than-expected EPS figure for the fourth quarter despite meeting revenue expectations, as unusually high marketing expenses for the period hurt the bottom line. Notably, the bank’s reported EPS figure was well ahead of expectations due to a one-time accounting gain,...


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    /news-article.aspx?ID=60986098

    INADEQUATE CONTROLS ARE THE ACHILLES HEEL FOR FOREIGN BANKS IN THE US

    Jan 24, 2019

    Preventing terrorist financing, money laundering and other illicit financial transactions is a key focus for law enforcement agencies and regulators. Cyber criminals, terrorist groups and organized criminal enterprises across the globe camouflage their transactions through the international financia...


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    /news-article.aspx?ID=60956095

    THE GOOGLE MACHINE SAYS STOCKS ARE IN BIG TROUBLE

    Jan 24, 2019

    Markets are said to be driven by fear and greed. In market cycles the shift from fear driven markets to greed driven markets is obviously correlated to bull and bear waves.However, fear and greed are not in equal amounts because the active base of participants is not likely to experience both emotio...


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    /news-article.aspx?ID=60966096

    THE BEST DIVIDEND STOCKS FOR COVERED CALLS IN 2019

    Jan 24, 2019

    A crazy stock market is perfect for covered call writers. When volatility is high, so are option premiums, which means this popular income strategy should be a profitable one throughout 2019.New to covered calls? Here’s how they work.You buy at least 100 shares of a stock or fund. You now own ...


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    /news-article.aspx?ID=60976097

    JPMORGAN'S PRIVATE BANK EXPANDS BUSINESS IN MEXICO: REGIONAL CEO

    Jan 23, 2019

    JPMorgan Chase & Co's private bank is expanding in Mexico and elsewhere in Latin America, the unit's regional CEO said on Wednesday, as wealth creation and political changes bolster the sector's prospects.The bank plans to increase the number of its frontline private bankers in Latin...


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    /news-article.aspx?ID=60856085

    FORD POSTS QUARTERLY LOSS AMID STRUGGLES IN EUROPE, CHINA

    Jan 23, 2019

    Ford Motor Co., which has struggled overseas and saw U.S. sales fall last year, reported its first quarterly net loss in two years Wednesday.The Dearborn, Michigan, company said it lost $116 million, or 3 cents a share, in the fourth quarter, compared with a $2.52 billion profit a year earlier. It l...


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    /news-article.aspx?ID=60866086

    PROCTER & GAMBLE BETS ON DEMAND FOR HIGH-END FABRIC, SKIN-CARE PRODUCTS

    Jan 23, 2019

    Procter & Gamble Co raised its sales forecast for the year on Wednesday after quarterly results topped Wall Street expectations, boosted by price hikes and strong demand for premium fabric and skin care products.Premium products such as Gain or Downy fabric enhancer beads and SK-II skincare prod...


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    /news-article.aspx?ID=60876087

    SINGAPORE STOCK MARKET MAY FIND TRACTION ON THURSDAY

    Jan 23, 2019

    The Singapore stock market has fallen lower in three straight sessions, sinking almost 50 points or 1.6 percent along the way. The Straits Times Index now rests just above the 3,170-point plateau although it may stop the bleeding on Thursday.The global forecast for the Asian markets is cautiously op...


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    /news-article.aspx?ID=60886088

    HERE'S WHY WATERS CORPORATION STOCK IS JUMPING TODAY

    Jan 23, 2019

    Shares of Waters Corporation (NYSE: WAT) , a specialty measurement company, are on the move following a fourth-quarter earnings report that beat expectations and provided hints of more good times to come. The stock had risen 11.7% as of 10:36 a.m. EST on Wednesday. Waters Corporation shareholders ex...


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    /news-article.aspx?ID=60896089

    U.S. AIRLINES TAKE STOCK MARKET HIT AS GOVERNMENT SHUTDOWN REACHES 32 DAYS

    Jan 22, 2019

    The government shutdown went into his second month (32nd day) on January 22, and the stock market fell over 300 points. Airline stocks like American, United, Delta, and Southwest were big losers. United dropped 2.63%, while Southwest fell 2%. Delta fell 2.1% to 47.10, near its year low of 45.08. And...


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    /news-article.aspx?ID=60756075

    WHY THE S&P 500'S LONG-TERM PERFORMANCE IS SO CONFUSING TO INVESTORS

    Jan 22, 2019

    Be positive.  Think positive.  Don’t focus on the negatives.  Forget about it.  These are all great pep talk lines.  But for investors in 2019 and beyond, they are a trap, and a good way to lose a small fortune or a big one.  See the chart immediately below for pr...


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    /news-article.aspx?ID=60766076

    TAX TIME: MAKING SENSE OF FORM W-2 WHEN YOU HAVE STOCK COMPENSATION

    Jan 22, 2019

    By now you’ve probably received your Form W-2. Remember that it’s not just for reporting your salary to you and the IRS. Your W-2 includes income from any other compensation sources you may have, such as stock options, restricted stock, restricted stock units, employee stock purchase pla...


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    /news-article.aspx?ID=60776077

    GOLDMAN SACHS BACKS UK-BASED ROBO ADVISER NUTMEG IN LATEST FUNDING ROUND

    Jan 22, 2019

    U.K.-BASED online wealth manager Nutmeg said on Tuesday it raised $58.2 million in funding from investors, including Goldman Sachs Group Inc, proceeds of which will be used mainly for international expansion.The latest funding round values Nutmeg Saving and Investment Ltd at 245 million pounds ($317...


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    /news-article.aspx?ID=60786078

    UBS SETS GLOOMY TONE FOR EUROPE'S BANKS

    Jan 22, 2019

    UBS warned of a tough start to 2019, after reporting an outflow of funds from its flagship wealth management business at the end of last year, sending a shiver through the European banking sector. Shares in Switzerland's biggest bank fell 4 percent on Tuesday after its fourth quarter earnings fe...


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    /news-article.aspx?ID=60796079

    EX-SWISS BANKER CONVICTED FOR SELLING SECRET TAX DATA TO GERMANY

    Jan 21, 2019

    A former UBS banker accused of selling information about wealthy German tax evaders to German authorities was convicted of economic espionage by a Swiss court on Monday.Rene S., as the 45-year-old ex-banker was called during court proceedings, was sentenced to 40 months in prison and must pay fines ...


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    /news-article.aspx?ID=60676067

    FOUR SOLID STOCKS AT BARGAIN PRICES

    Jan 21, 2019

    A harsh December capped a hard fourth quarter for stocks. Many good companies have been knocked down, some to bargain levels.I’ve picked four of them for my "Casualty List," a quarterly compilation of wounded stocks that I believe may recover strongly.The Casualty List has a profitab...


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    /news-article.aspx?ID=60696069

    EUROPEAN SHARES SLIP AFTER WEAK CHINESE GDP DATA

    Jan 21, 2019

    European shares slipped on Monday from six-week highs after China's fourth-quarter growth figures confirmed a slowdown in the world's second-biggest economy, with 2018 its weakest year since 1990.The pan-European STOXX 600 <.STOXX> fell 0.3 percent and Germany's exporter-heavy DAX ...


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    /news-article.aspx?ID=60706070

    BANKS IN DESPERATE RUSH TO EMBRACE MOBILE TECHNOLOGY

    Jan 20, 2019

    Banks all over the world are rushing to change the way customers interact with financial services. Well, they want to make that happen. However, they’ve had a hard time finding expert partners and data security. But now, there’s a tiny financial technology startup from San Francisco call...


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    /news-article.aspx?ID=60616061

    STOCK MARKET EARNINGS REPORTS - SO FAR, SO GOOD, BUT WE NEED MORE

    Jan 19, 2019

    Last week’s bank-dominated earnings reports provided assurance that the financial sector is doing fine. (See Table 1, below.) The major banks enjoyed increased revenues/earnings from higher interest rates. The issues raised were poor trading results (a volatile quarterly component) and a moder...


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    /news-article.aspx?ID=60626062

    APPLE AND NVIDIA JOIN FACEBOOK IN MY BEAR MARKET PORTFOLIO

    Jan 18, 2019

    If you missed the big gains in Apple and Nvidia during the bull market, you can buy them now for 30% and 50% less than just four months ago. Buying the right stocks after Wall Street sells them off is one of the more consistently profitable strategies employed by my managers. If you don't alread...


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    /news-article.aspx?ID=60596059

    WYOMING INTRODUCES BILL OFFERING CRYPTOCURRENCIES LEGAL CLARITY TO ATTRACT BLOCKCHAIN BUSINESS

    Jan 18, 2019

    In a significant move for the advancement and legitimization of cryptocurrencies and blockchain businesses in the United States, Wyoming has introduced a bill that aims to clarify the legal position of digital assets, as well as offer digital asset custody through banks rather than financial institu...


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    /news-article.aspx?ID=60606060

    NETFLIX FORECAST MISSES WALL STREET VIEW, SHARES DIP

    Jan 17, 2019

    The company released its massively popular dystopian movie "Bird Box" in late December, which helped attract a record 8.8 million new paid streaming customers in the fourth quarter.Investors, however, appear to have factored that, and the price hike, into their valuation, pushing Netflix s...


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    /news-article.aspx?ID=60526052

    FOUR TOP STOCK PICKS FOR 2019: ABBVIE, IBM, MCCORMICK AND STARBUCKS

    Jan 17, 2019

    Every year for over three decades, MoneyShow.com has surveyed the nation’s leading newsletter advisors asking for their favorite stocks for the year ahead.The rapid growth has been achieved from its blockbuster biologic autoimmune drug Humira, which is the world’s number one drug, with a...


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    /news-article.aspx?ID=60536053

    VOLATILE MARKET HITS MORGAN STANLEY'S TRADING, WEALTH MANAGEMENT

    Jan 17, 2019

    Morgan Stanley's quarterly profit fell short of expectations as bond trading revenue slumped more than rivals and its wealth management business faltered, sending its shares down 4.4 percent.The bank has pledged that its expansion into wealth management over the past decade would help deliver mo...


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    /news-article.aspx?ID=60686068

    WHAT CAN MOVE WHEATON PRECIOUS METALS' STOCK BY 30% IN 2019?

    Jan 17, 2019

    After a subdued performance in 2017 and the first nine months of 2018 being relatively flat, we expect Wheaton Precious Metals (NYSE: WPM) to end 2018 with 3.5% lower revenues compared to 2017. Lower silver revenue is expected to be a major drag on gross revenue. Silver accounts for almost 45% of WP...


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    /news-article.aspx?ID=60496049

    INVESTORS END 13 STRAIGHT WEEKS OF U.S. FUND WITHDRAWALS

    Jan 16, 2019

    Investors sweetened on financial markets in early January and ended a 13-week retreat from U.S.-based funds, the Investment Company Institute (ICI) said on Wednesday.U.S.-based stock mutual funds and exchange-traded funds attracted a net $11.3 billion during the week ended Jan. 9, while bonds gather...


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    /news-article.aspx?ID=60426042

    SNAP SHARES HIT BY SECOND CFO EXIT IN A YEAR

    Jan 16, 2019

    SHARES OF Snap Inc fell 9 percent in early trading on Wednesday after Tim Stone became the second finance chief to leave the Snapchat operator in a year since a much-criticized redesign.Stone joined the owner of Snapchat last May after spending two decades with Amazon.com Inc, replacing Andrew Volle...


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    /news-article.aspx?ID=60436043

    CHINA'S CENTRAL BANK WILL PROP UP COUNTRY'S STOCK MARKET

    Jan 16, 2019

    Hold on there, China bears. The People’s Bank of China (PBoC) just might save Shanghai and Shenzhen stocks from another bear market year. China’s PBoC will buy local listed shares to prop up a stock market that’s down over 25% in the last 12 months.It’s already working. The X...


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    /news-article.aspx?ID=60516051

    LIONBRIDGE AUGMENTS ARTIFICIAL INTELLIGENCE OFFERING THROUGH ACQUISITION OF GENGO AND GENGO.AI

    Jan 16, 2019

    Today, Lionbridge, one of the world’s most trusted global communications platforms, announced its acquisition of Gengo, a Tokyo-based, leading edge technology company providing crowdsourcing, machine learning and localization services to global customers. Lionbridge has a 20-year history of le...

    SOURCE
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    /news-article.aspx?ID=70547054

    BANKERS EXPECT A PROFIT BUMP FROM OPEN BANKING

    Jan 15, 2019

    Bankers have high expectations of Open Banking according to a new study from Accenture. More than half expect it will help them grow revenues by 10 percent while a third think it will increase revenues by up to 20 percent.Commercial customers are just as enthusiastic — 35% say they already par...


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    /news-article.aspx?ID=60326032

    CHINA CENTRAL BANK INJECTS RECORD NET $83 BILLION IN OPEN MARKET OPERATIONS

    Jan 15, 2019

    China's central bank on Wednesday made its biggest daily net cash injection via reverse repo operations on record, more evidence that authorities are shifting to policy easing to counter a slowdown in the world's second largest economy.The People's Bank of China said the injection was to...


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    /news-article.aspx?ID=60336033

    ASIAN STOCKS MIXED ON POOR JAPANESE DATA, GROWTH FEARS

    Jan 15, 2019

    Asian markets were mixed on Wednesday as poor Japanese data and worries about global growth put a damper on trading.KEEPING SCORE: Japan's Nikkei 225 index slipped 0.6 percent to 20,430.73 while South Korea's Kospi added 0.3 percent to 2,102.45. Hong Kong's Hang Seng fell 0.3 percent to ...


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    /news-article.aspx?ID=60396039

    5 DIVIDEND-PAYING STOCKS HITTING NEW 52-WEEK HIGHS RIGHT NOW

    Jan 15, 2019

    Maybe it's the expectation that interest rates are peaking. Maybe it has to do with the sectors they're serving. Maybe it's all about how well run these might be. Maybe they've just been hyped in the media without any fundamental reason. Whatever it is, these 5 stocks are hitting new...


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    /news-article.aspx?ID=60406040

    STOCK MARKET TANTRUMS ARE OVER, BUT FOR HOW LONG?

    Jan 14, 2019

    Equities have been behaving like a recession is looming. That dire outlook seems overdone. While major global stock markets were battered in 2018 – and even the initially resilient U.S. Standard & Poor's (S&P) 500 stumbled – we still expect equities to deliver solid returns i...


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    /news-article.aspx?ID=60506050

    DOING A BUFFETT? BET ON S&P 500 CAUSES FLAP ON OPTIONS MARKET

    Jan 14, 2019

    An anonymous trader caused a stir in the U.S. equity options market on Monday with a massive bet that recalled Warren Buffett's famous wager on global stocks more than a decade ago.The trader sold 19,000 put options on the S&P 500 Index <.SPX> obligating him or her to buy the market be...


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    /news-article.aspx?ID=60236023

    ROUND TWO: BANK EARNINGS CONTINUE WITH JPMORGAN AND WELLS FARGO ON TUESDAY

    Jan 14, 2019

    Earnings season starts to pick up the pace this week, with reports from JP Morgan and Wells Fargo scheduled before market open on Tuesday, January 15.Between the Fed’s rate hike path, growing concerns regarding global economies and future growth, and geopolitical uncertainty, there’s ple...


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    /news-article.aspx?ID=60296029

    BASEL EASES CAPITAL HIT FROM NEW TRADING BOOK RULES FOR BANKS

    Jan 14, 2019

    Revisions to global rules for bank trading books will result in a halving of the extra capital needed from January 2022 to cover risks from market price swings, the Basel Committee said on Monday.It marks a completion of a welter of changes introduced by Basel since taxpayers had to bail out underca...


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    /news-article.aspx?ID=60306030

    FINTECH FIRMS WANT TO SHAKE UP BANKING, AND THAT WORRIES THE FED

    Jan 14, 2019

    The U.S. Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital Inc or Kabbage Inc. access to the country's financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold.The Office of the Comptroller of the Curren...


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    /news-article.aspx?ID=60316031

    BEAR MARKET RALLY WILL STALL OR ACCELERATE BASED ON THIS WEEK'S CLOSES

    Jan 13, 2019

    The bear market for stocks began when the five major equity averages began to crash in early-October. At the end of September, the 12x3x3 weekly slow stochastic readings were above 90.00 on a scale of 00.00 to 100.00. Readings above 80.00 are overbought and I consider readings above 90.00 as an &ldq...


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    /news-article.aspx?ID=60216021

    FORGING ON IN THE BEAR MARKET - ACCORDING TO INVESTOR OLIVER ISAACS CRYPTO IS STILL GETTING STARTED

    Jan 13, 2019

    Although we have been facing a doom and gloom scenario for months in the crypto markets, the situation is not that negative for some. Investor and advisor, Oliver Isaacs has risen from behind the scenes to become one of the top blockchain investors, influencers and strategists in the space.  He...


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    /news-article.aspx?ID=60226022

    CHINA STOCK MARKET INFLOWS COULD DOUBLE IN 2019 - SECURITIES OFFICIAL

    Jan 12, 2019

    The inclusion of Chinese A-shares in global stock indexes could see foreign inflows into China's stock market double in 2019, the Shanghai Securities News quoted a top Chinese securities regulator as saying on Saturday."Last year, net foreign stock market inflows reached 300 billion yuan ($...


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    /news-article.aspx?ID=60196019

    ARE AGE-BASED FUNDS PROTECTING U.S. INVESTORS CLOSE TO RETIREMENT?

    Jan 11, 2019

    One of the biggest trends in retirement saving over the past decade has been the shift to target date funds - broadly diversified mutual fund products that automatically adjust the blend of stocks and bonds as your retirement date approaches. The idea is to reduce the risk of big losses as your expe...


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    /news-article.aspx?ID=60206020

    PROBLEM WITH THIS STOCK MARKET RALLY: MAJOR RESISTANCE LEVELS JUST ABOVE

    Jan 10, 2019

    The upward move off the late December low prices is nice, but the heaviness of the resistance levels just above may prove difficult to overcome. This is true of all the major indexes and most of the sub indexes. By resistance level, I mean those clusters of price areas where major selling took place...


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    /news-article.aspx?ID=60016001

    U.S. BUYBACK MARKET SUPPORT MAY WANE IN 2019

    Jan 10, 2019

    U.S. companies' shopping spree for their own shares helped put a floor on market declines in 2018. Don't look for the same level of support in 2019.Wall Street's recent volatility has optimists betting that buybacks could provide the market with an even better buffer in 2019. But many st...


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    /news-article.aspx?ID=60116011

    HSBC TO PAY $30 MILLION TO SETTLE BOND RIGGING LAWSUIT IN U.S.

    Jan 10, 2019

    HSBC Holdings Plc has agreed to pay $30 million to settle litigation by investors who accused 11 big banks of rigging the roughly $9 trillion government agency bond market from 2009 to 2015.The settlement with the British bank was made public late Wednesday night in the federal court in Manhattan, a...


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    /news-article.aspx?ID=60126012

    VOLKSWAGEN SELLS RECORD 6.24 MILLION VW VEHICLES IN 2018

    Jan 10, 2019

    Volkswagen sold a record 6.24 million of its VW-branded vehicles last year despite delivery problems caused by new anti-pollution rules, but warned the company would continue to face considerable challenges in 2019.Still battling to recover from a 2015 emissions test cheating scandal and facing tigh...


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    /news-article.aspx?ID=60136013

    STOCKS RISE FOR FIFTH STRAIGHT DAY AS THE FED SUPPORTS

    Jan 09, 2019

    An index of world stock markets rose on Thursday as worries over the lack of clear signs of a resolution to the U.S.-China trade spat were offset by an assurance by Federal Reserve Chairman Jerome Powell that the U.S. central bank has the ability to be patient on monetary policy.The dollar rebounded...


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    /news-article.aspx?ID=60096009

    LENNAR SEES HOUSING DEMAND REBOUNDING, SHARES UP NEARLY 10 PERCENT

    Jan 09, 2019

    Lennar Corp said on Wednesday it was seeing an improvement in home sales in its new fiscal year as mortgage rates start to ease and posted earnings ahead of expectations, allaying concerns of a slowdown in the broader U.S. housing market.The company's shares reversed course to trade up nearly 10...


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    /news-article.aspx?ID=60106010

    3 STRATEGIES FOR INVESTING IN RETAIL STOCKS IN 2019

    Jan 09, 2019

    2018 was a wild ride for investors, and thus far, 2019 appears to be no different. Many major retailers have seen their stocks under-perform the market and fall into private bear markets (defined by a decline of over 20% below a recent high) over the past few months. Now, people want to know what wi...


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    /news-article.aspx?ID=59995999

    OIL AND ENERGY STOCKS HAVE BOTTOMED FOR NOW

    Jan 09, 2019

    There is an old market maxim that major corrections generate leadership changes. The worst performers frequently rebound quickly at lows. Below, we see the relative strength ratings versus the S&P 500 for the sectors at the December 24 low. Note that energy was in last place. The histogram of oi...


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    /news-article.aspx?ID=60006000

    BOEING DELIVERS RECORD 806 AIRCRAFT IN 2018, SHARES JUMP 4 PERCENT

    Jan 08, 2019

    Boeing Co delivered a record 806 aircraft in 2018 as it overcame supplier woes, retaining the title of the world's biggest planemaker for the seventh straight year.The company's shares rose as much as 3.9 percent to $340.90 and were the biggest percentage gainer on the Dow Jones Industrial A...


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    /news-article.aspx?ID=59935993

    MEXICO TO CUT TAXES ON IPOS, STOCKS NEAR TWO-MONTH HIGH

    Jan 08, 2019

    Mexico's leftist government said on Tuesday it would lower taxes on owners of businesses that issue shares, lifting the local stock market, which was battered last year by worries about policymaking under the new administration.Finance Minister Carlos Urzua said at a government-sponsored event i...


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    /news-article.aspx?ID=59955995

    TOP 5 NASDAQ STOCKS FOR 2018 BY PERFORMANCE

    Jan 08, 2019

    The Nasdaq Composite Index is a popular market capitalization-weighted stock market index. It is comprised of more than 3,300 common equities and similar securities, like ADRs, which are traded on the Nasdaq exchange. Along with the Dow Jones Industrial Average (DJIA) and the S&P 500 index, it i...


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    /news-article.aspx?ID=60036003

    SPIROS SEGALAS' 5 BIGGEST STOCK BUYS OF 4TH QUARTER

    Jan 07, 2019

    Investor Spiros Segalas’ Harbor Capital Appreciation Fund disclosed Monday that it purchased nine stocks during the quarter ended Oct. 31.The fund’s largest positions established during the filing period were: Safran SA, Merck & Co. Inc., S&P Global Inc., Adyen NV and Union Pacif...


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    /news-article.aspx?ID=59915991

    TILRAY SHARES COULD FACE PRESSURE VERY SOON

    Jan 07, 2019

    Almost six months ago, Canadian cannabis producer Tilray, which is controlled by Washington-based private equity firm Privateer Holdings, went public on the NASDAQ in a $17 IPO, ultimately raising gross proceeds of $172 million after the underwriters exercised the over-allotment option, selling 10.1...


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    /news-article.aspx?ID=59925992

    TOP DOW STOCKS FOR 2018 BY PERFORMANCE

    Jan 07, 2019

    The Dow Jones Industrial Average index, commonly called as the Dow or DJIA, is a price-weighted stock market index consisting of the top 30 American blue-chip companies. The index covers all industry sectors except transportation and utilities. The Dow uses a divisor-based methodology to calculate t...


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    /news-article.aspx?ID=60026002

    OIL RISES; LIFTED BY OPEC CUTS, STEADYING STOCK MARKET

    Jan 06, 2019

    Oil prices edged higher on Monday, rebounding further from 1-1/2-year lows reached in December, on support from OPEC production cuts and steadying equities markets.Brent crude futures rose 27 cents to settle at $57.33 a barrel, a 0.47 percent gain. U.S. West Texas Intermediate (WTI) crude futures ro...


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    /news-article.aspx?ID=59905990

    THE 4 WORST DIVIDEND STOCKS FOR A BEARISH 2019

    Jan 05, 2019

    What good is a 2% or 3% annual yield if you can lose it in a single trading session?The Nasdaq and Russell 2000 are officially in bear markets, which means they’re down 20% from their peak. But bear markets don’t have to stop at 20%.They can just keep on collapsing. And the weakest links...


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    /news-article.aspx?ID=59845984

    THE STOCK MARKET IN 2019: LAST YEAR'S DECLINE NOT A GOOD FORECAST

    Jan 05, 2019

    Stocks were down last year, as everyone knows. Does this mean that another decline will follow in 2019, or does it mean that we are poised for a rebound? The historical record is clear that the most likely outcome is no different than if we had enjoyed a “normal” year in 2018.We’ve...


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    /news-article.aspx?ID=59815981

    BEAR MARKET'S CONCERNS BECOME REALITY - NOW WHAT?

    Jan 05, 2019

    Slowing growth measures are now appearing, confirming the bear market’s price “adjustments.” The question is, “Was the 4th quarter 2018 bear market’s drop enough of an adjustment, or is there more decline to come? “Clues to the answer are coming ,The answer is nei...


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    /news-article.aspx?ID=59825982

    STOCK TRADING 101: BUYING AND SELLING STOCKS

    Jan 04, 2019

    Buying stocks is an investment that represents part ownership in a corporation, entitling the stockholder to part of that company's earnings and assets. It's important to know the risks before tackling a task that can be both exciting and frustrating at the same time," he says. "No...


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    /news-article.aspx?ID=59715971

    GETTING A GRIP ON THIS YO YO STOCK MARKET

    Jan 04, 2019

    Although investors might complain about current stock market volatility, they are getting the roller coaster ride that they paid for. Some readers might be surprised by this statement; but the issue is about investors ignoring the degree to which stocks have been unfairly priced.The typical definiti...


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    /news-article.aspx?ID=59805980

    U.S. STOCK FUNDS POST RECORD DECEMBER WITHDRAWALS: ESTIMATE

    Jan 03, 2019

    Investors pulled $98 billion from U.S.-based stock funds in December, a calendar-month record that emphasizes the diminishing goodwill in financial markets, preliminary Lipper estimates showed on Thursday. Fund investors trimmed their risk in the final days of 2018 to hunker down in case the Federal...


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    /news-article.aspx?ID=59705970

    ACTIVIST U.S. HEDGE FUNDS HURT BY LATE-YEAR STOCK TUMBLE

    Jan 03, 2019

    Widely followed activist investors Daniel Loeb, Barry Rosenstein and William Ackman suffered heavy losses in December, when fears about trade battles and slower growth sent stocks spiraling lower.Many fund managers are still compiling annual returns, but early data from some of the industry's mo...


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    /news-article.aspx?ID=59725972

    DATA SHOWS BITCOIN COULD BE ON THE VERGE OF A BULL RUN

    Jan 03, 2019

    Bitcoin has been trapped in a year-long bear market, with the bitcoin price losing some 80% in value over the last 12 months and dragging down the wider cryptocurrency market, including the likes of other major coins ripple (XRP) and ethereum.Bitcoin and cryptocurrency investors who have weathered t...


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    /news-article.aspx?ID=59835983

    EUROPEAN SHARES START 2019 SHAKILYAS CHINA, EU FIGURES DEEPEN GLOOM

    Jan 02, 2019

    European shares lost further ground in their first trading day of 2019 on Wednesday as fears about global growth, trade wars and political instability rolled over into the new year while investors sought safety in stocks considered less risky.While sentiment had already been hit by disappointing dat...


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    /news-article.aspx?ID=59735973

    TESLA CUTS U.S. PRICES ON ALL VEHICLES, SHARES DROP

    Jan 02, 2019

    Tesla Inc on Wednesday cut U.S. prices for all its vehicles to offset lower green tax credits, and fell short on quarterly deliveries of its mass-market Model 3 sedan, sending shares of the electric vehicle maker down nearly 7 percent on worries of future profitability.Analysts questioned whether th...


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    /news-article.aspx?ID=59745974

    SECURING CORPORATE FINANCE

    Jan 02, 2019

    Securing finance is not a science, it is a sequence of logical events which, when followed, result in successful financing.

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    /news-article.aspx?ID=58945894

    ECONOMICS IS GUESSWORK MASQUERADING AS SCIENCE

    Jan 02, 2019

    Economics is not science. In this, the modern economic age, not one economist has ever been right. All have been wrong and for good reason. Economics is pure guesswork masquerading as science. Business as usual. That will be the implicit message when the Sveriges Riksbank announces this year’s...

    THE WEB LENDER
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    /news-article.aspx?ID=58955895

    DON’T BLAME HONEST FUNDERS

    Jan 02, 2019

    Funders, dare I say people who claim to be funders, most of whom are brokers of a type, are a dime a dozen on social media.

    SOURCE
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    /news-article.aspx?ID=58965896

    FINANCIAL CRIME

    Jan 02, 2019

    Financial crime over the last 30 years has increasingly become of concern to governments throughout the world. This concern arises from a variety of issues because the impact of financial crime varies in different contexts.

    SOURCE
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    /news-article.aspx?ID=58975897

    HOW TO MANAGE ANXIETY WHEN INVESTING IN THE STOCK MARKET

    Dec 31, 2018

    Volatility returned to the market in a big way in 2018 after relatively smooth sailing upwards the previous year. Many investors experienced severe losses for the first time in a while — or if you started investing in 2009, for the first time ever. Ten years is a long time to forget about how ...


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    /news-article.aspx?ID=59635963

    TOP UTILITIES STOCKS OF 2018

    Dec 31, 2018

    Companies providing services related to gas, electricity or water are generally referred to as utilities stocks. The utilities sector umbrella also encompasses businesses providing more general infrastructure services, and the sector has also more recently come to include alternative energy companie...


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    /news-article.aspx?ID=59645964

    3 GROUNDED AIRLINE STOCKS READY TO FLY

    Dec 28, 2018

    Airline stocks have flown into severe broader market turbulence in December, but the "fasten seatbelt" sign may be about to be turned off heading into 2019. According to the International Air Transport Association (IATA), net income across the airline industry should jump 10% in the year a...


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    /news-article.aspx?ID=59615961

    MARKETS RIGHT NOW: US STOCKS WAVER IN MIDDAY TRADING

    Dec 28, 2018

    Stocks are wavering between small gains and losses in midday trading Friday as the market continues to churn amid the volatile trading that has gripped the market throughout December. Gains in banks, retailers and health care companies are outweighing losses in energy stocks and elsewhere in the mar...


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    /news-article.aspx?ID=59625962

    U.S. STOCK FUNDS ATTRACT CASH FOR FIRST TIME IN SIX WEEKS: LIPPER

    Dec 27, 2018

    U.S. fund investors eased into wild stock markets during the latest week, adding $5.2 billion, according to Lipper data on Thursday that reflected the first net positive flows for funds since December's selloff began. Stock exchange-traded funds (ETFs) based in the United States attracted $5.4 b...


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    /news-article.aspx?ID=59605960

    THE TEN BEST PERSONAL FINANCE RESOLUTIONS FOR 2019

    Dec 26, 2018

    It is wise, from time to time, to stop and evaluate our lives as we seek to make the most of them.The start of a new year provides a natural opportunity to look back and offers an extra push toward new adjustments going forward. That's why New Year's resolutions are so popular. If you are lo...


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    /news-article.aspx?ID=59505950

    OVERSOLD DISNEY STOCK SET FOR BIG BOUNCE

    Dec 26, 2018

    Dow component The Walt Disney Company (DIS) looks set to bounce strongly in coming weeks and carve the next leg of a broad sideways pattern in place since 2015. More importantly, the recovery wave should generate enough profit potential for short-term traders, while prospective investors can also ju...


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    /news-article.aspx?ID=59515951

    DOLLAR STRENGTHENS AS U.S. STOCKS REBOUND OFF LOWS

    Dec 26, 2018

    The dollar gained against a basket of other currencies on Wednesday as U.S. stocks came off 20-month lows, though uncertainty relating to the U.S. government shutdown and Federal Reserve monetary policy remained a headwind for the greenback.U.S. stocks gained more than 2 percent as a rebound in tech...


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    /news-article.aspx?ID=59525952

    GIMME A 10% DISCOUNT FOR TRUMP

    Dec 26, 2018

    For certain, the Prince of Swine who bestrides the White House has carved a snake pit out of our majestic Capital. Don’t despair! Our country’s amply broad-based with a competitive industrial heartland and Silicon Valley, still viable, holding technological primacy, worldwide.Sadly, we&r...


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    /news-article.aspx?ID=59535953

    MOST SHORTED STOCKS LOG RECORD GAIN AS WALL STREET SURGES

    Dec 26, 2018

    One notable factor in Wall Street's monster rally on Wednesday was a record gain in an index of stocks that have the largest bets placed against them by market contrarians.The Thomson Reuters United States Most Shorted Index rose 6 percent, the biggest percentage rise in its six-year history, as...


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    /news-article.aspx?ID=59545954

    EUROPEAN, ASIAN MARKETS MOSTLY LOWER IN LIGHT TRADING

    Dec 24, 2018

    European and Asian markets were mostly lower in light trading on Monday as a partial U.S. government shutdown stemmed holiday cheer. KEEPING SCORE: France's CAC 40 dropped 0.9 percent to 4,653.55. Britain's FTSE 100 index, which will close early on Christmas Eve, was 0.8 percent lower at 6,6...


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    /news-article.aspx?ID=59305930

    COULD THE STOCK MARKET CRASH? PERSPECTIVES FROM MARKET HISTORY

    Dec 24, 2018

    From what I'm hearing from traders and investors alike, there is pervasive concern over the possibility of a bear market in stocks. It's in the media as well...like this article...and this. We're currently seeing the highest equity put/call ratios in years, with many more put options (do...


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    PG&E'S STOCK PRICE IS IN FLAMES

    Dec 24, 2018

    For Californians, it’s time to take a deep breath literally and figuratively the state is finally a month removed from the last of its deadly wildfires, and air quality has returned to safe levels. Still, the effects of the crisis are hardly over: at least 87 people have lost their lives, 500 ...


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    /news-article.aspx?ID=59425942

    SHOULD INVESTORS BUY THE YEAR'S WORST-PERFORMING STOCKS

    Dec 24, 2018

    How often does that happen in the stock market? According to a little study I performed, it happens about 44% of the time.I studied the five worst-performing stocks in the Standard & Poor’s 500 each year, based on price change alone, and measured the total return (including dividends) the ...


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    /news-article.aspx?ID=59435943

    NEW LIST: 5 STOCKS NOW SELLING BELOW BOOK VALUE AND PAYING DIVIDENDS

    Dec 23, 2018

    Now that markets are much lower after weeks and weeks of selling following the September price peak, some new stocks are showing up on the screen for "below book value." I use a selection criteria derived in part from Benjamin Graham's classic works on investment analysis.Among these &...


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    HOW TO FIND A GOOD FLEDGLING BIOTECH STOCK THAT WON'T FLAME OUT

    Dec 22, 2018

    “The last shall be first,” it says in the book of Matthew. Biotech investing is always a dicey proposition, as the sector’s ever-volatile stocks show. So far this year, the Nasdaq Biotechnology Index is down 17%, much worse than the S&P 500’s tumble.After a 10-year climb,...


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    /news-article.aspx?ID=59445944

    PROS AND CONS TO BUYING HONDA STOCK

    Dec 21, 2018

    HONDA MOTOR CO (NYSE: HMC) didn’t start out as a car company, but it’s sure come a long way from the early days, when it sold motorized bikes back in 1946.Company founder Soichiro Honda did so well in the bike business he decided to expand his company, calling it the Honda Motor Co. when...


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    /news-article.aspx?ID=59315931

    MARKETS RIGHT NOW: STOCKS END MISERABLE WEEK DOWN 7 PERCENT

    Dec 21, 2018

    THE latest on developments in financial markets (all times local):4 p.m. Another day of big losses is leaving the U.S. stock market with its worst weekly drop in more than seven years. The benchmark S&P 500 index ended a brutal week down 7 percent Friday, led by big drops in former market favori...


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    /news-article.aspx?ID=59325932

    NIKE SHARES RISE AS STRONG QUARTERLY RESULTS ALLAY CHINA DEMAND CONCERNS

    Dec 21, 2018

    Nike Inc shares rose 9 percent on Friday, after the company's solid quarterly results eased worries that escalating trade tensions between Washington and Beijing would weigh on China demand and hurt the sportswear maker's growth story.The company's double-digit percentage growth in China...


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    /news-article.aspx?ID=59335933

    ADVANCED MICRO DEVICES COULD DROP ANOTHER 40%

    Dec 21, 2018

    Advanced Micro Devices, Inc. (AMD) got pummeled in September and October, giving up more than half of the 25-point rally that started from a 52-week low in April. The bounce into December raised hopes that the carnage had come to an end, but the stock turned tail when it filled the October gap and i...


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    HERE'S WHY STOCKS HAVE SOLD OFF SO STEEPLY IN DECEMBER

    Dec 20, 2018

    What’s happening out there? Is it the trade war? Is it the Fed? What about European politics and the weeks-long “yellow vests” protests in France? Whatever it is, it is risk-off. It’s not good for any stock market, virtually anywhere Thursday morning.The S&P 500 tested Fe...


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    /news-article.aspx?ID=59195919

    60% OF S&P 500 IN BEAR MARKET: WHAT HAPPENS NOW?

    Dec 20, 2018

    A broad-based decline in the S&P 500 Index (SPX) is putting 2018 on track to be the worst year for the U.S. stock market since the 2008 financial crisis, and yet more plunges may be ahead. "I'm pretty sure this is a bear market," says billionaire investment manager Jeffrey Gundlach...


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    /news-article.aspx?ID=59205920

    ETFS, MAJOR SUPPORTER OF U.S. STOCK MARKET, STOP BUYING THE DIP

    Dec 20, 2018

    There is no more mistletoe hanging above the markets. The romance U.S. fund investors once had with the stock market was put to rest in 2018 when buy the dip turned into sell the rip.For evidence, look no further than exchange-traded funds (ETFs), which hold baskets of stocks across the market and h...


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    /news-article.aspx?ID=59215921

    ASIAN STOCKS SINK FOR 2ND DAY AFTER WALL STREET SLIDE

    Dec 20, 2018

    Asian stocks fell further Friday after Wall Street slid on recession fears, putting markets in Shanghai, Tokyo and Sydney on track to end 2018 down more than 10 percent. Tokyo’s Nikkei 225 index fell 1.9 percent and the Shanghai Composite Index lost 0.9 percent. The Chinese market is 2018'...


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    /news-article.aspx?ID=59225922

    WILL BLACKBERRY SHARES TURN AROUND AFTER A STRONG Q3?

    Dec 20, 2018

    BlackBerry Limited (BB) shares briefly rose more than 6% on Thursday morning after the company reported better-than-expected third quarter financial results. Revenue fell 3% to $228 million – beating consensus estimates by $14.63 million – and non-GAAP earnings per share of five cents be...


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    /news-article.aspx?ID=59235923

    3 OIL AND GAS STOCKS READY TO BOUNCE

    Dec 19, 2018

    Investors and traders who've referred to oil as black gold as its price has capitulated during the fourth quarter are those who hold short positions in the liquid commodity. Since early October, the price of Light Sweet Crude Oil Futures (CLF19) for January 2019 has tumbled close to 40% due to o...


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    /news-article.aspx?ID=59125912

    SOFTBANK MOBILE UNIT BEGINS TRADING IN 1 OF BIGGEST IPOS

    Dec 19, 2018

    SoftBank shares fetched an initial price of 1,463 yen ($13.03) and slid further to end the morning session at 1,360 yen ($12), down 9 percent from the IPO price of 1,500 yen announced earlier this month.The listing came about two weeks after a service outage attributed to a software problem affected...


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    /news-article.aspx?ID=59015901

    WHEN STOCKS ARE DOWN: 4 STEPS YOU CAN TAKE TODAY

    Dec 18, 2018

    In my last post, I discussed ways that non-experts can start to take control of their finances when the stock market turns bearish. Today, lets focus on a few simple tips that mere mortals can heed to take control of their stock portfolio, now and in the future. Darren Henke, Managing Partner of 180...


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    /news-article.aspx?ID=59025902

    UK MARKETS WATCHDOG OVERHAULS BANK OVERDRAFT CHARGES

    Dec 18, 2018

    Banks will be banned from charging higher fees to 14 million people with unarranged overdrafts from the end of 2019, Britain's financial watchdog proposed on Tuesday, in what it called a radical move that could limit availability of free banking.The Financial Conduct Authority (FCA) said that ba...


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    /news-article.aspx?ID=59035903

    GLOBAL STOCKS SINK AFTER FED HIKE, BONDS RALLY

    Dec 18, 2018

    Global equity markets gave up earlier gains and continued a weeklong sell-off on Wednesday after the U.S. Federal Reserve announced a fresh interest rate hike and said "some" further rate hikes would be necessary in the year ahead.The decision, announced at 2 p.m. Eastern time (1900 GMT), ...


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    /news-article.aspx?ID=59115911

    RETAIL STRESS ROILS EUROPEAN STOCKS, NO CHRISTMAS BOOST IN SIGHT

    Dec 17, 2018

    European shares tumbled on Monday when a profit warning from online fashion retailer ASOS sent retail stocks into nose-dive as investors fretted that consumers were failing to deliver the traditional pre-Christmas spending boost to markets. Euro zone stocks <.STOXXE> were down 1 percent while ...


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    /news-article.aspx?ID=59005900

    WHY STOCKS MAY NOT CARE IF THE GOVERNMENT SHUTS DOWN

    Dec 17, 2018

    There have been 19 shutdowns since 1976. I’ve analyzed U.S. stock market returns for 19 periods, each beginning a week before the shutdown and ending a week after. During these periods, stocks achieved a return of about 1.51%. That works out to an average return of about 0.2% per day, which is...


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    /news-article.aspx?ID=59095909

    BANK CFOS ARE EMBRACING THE DIGITAL FUTURE

    Dec 17, 2018

    In many ways, these are good times for banking CFOs. Their knowledge and expertise are in great demand throughout the organization, and CEOs are increasingly turning to them as highly trusted advisors at the enterprise level.  So, while CFOs may enjoy this additional influence and status, our r...


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    /news-article.aspx?ID=59105910

    YOUR GUIDE TO LOW-COST INDEX FUNDS

    Dec 17, 2018

    LOW-COST INDEX FUNDS have become the prom queens of investing. They're so popular, in fact, Jack Bogle of Vanguard, oft called the father of index funds, sounded a warning that index investing may become "too successful for its own good."Bogle's concern is that the index fund indus...


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    J&J ANNOUNCES $5 BILLION SHARE BUYBACK AFTER SHARES EXTEND LOSSES

    Dec 17, 2018

    JOHNSON & Johnson said on Monday it plans to buy back up to $5 billion of its stock, after a Reuters report on Friday that the company knew for decades that its Baby Powder contained cancer-causing asbestos wiped about $40 billion from its market value. Shares of the company closed down 3 percen...


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    /news-article.aspx?ID=58875887

    ASIA SHARES SINK AS GLOBAL GROWTH WORRIES DEEPEN

    Dec 17, 2018

    Asian share markets sank on Tuesday as heightened worries about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.9 percent in mid-afternoon trade while Japan's Nikkei lost 1...


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    /news-article.aspx?ID=58885888

    STOCKS THIS WEEK: SHORT ELECTRONIC ARTS AND AT&T

    Dec 16, 2018

    It is highly unusual for the market to be this bearish in the month of December. The coming week has a strong historical bias to the upside, but the futures are down sharply at the time of this writing. The S&P will reach a 38.2% retracement of its 2016-2018 rally when it hits the 2510 area, a n...


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    /news-article.aspx?ID=58845884

    IS THE BOND MARKET TELLING US THE STOCK MARKET SLEIGH WRECK IS ALMOST OVER?

    Dec 16, 2018

    The S&P 500, the Dow Jones Industrial Average and the Nasdaq Composite are all down almost 6% in December.  Last week, the stock markets tried to rally, with the S&P 500 getting to 2,675 on Tuesday and Wednesday, but it lost momentum those days and finished the week very poorly, closing...


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    /news-article.aspx?ID=58855885

    GLOBAL STOCKS DROP, WHERE IS 'SANTA CLAUS RALLY'?

    Dec 16, 2018

    Broad stock declines in Europe and the United States dragged world equity markets lower on Monday, adding to a sell-off that has sent global stocks near 17-month lows.The MSCI world equity index, which tracks shares in 47 countries, slipped nearly 1.3 percent as declines in U.S. and European markets...


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    /news-article.aspx?ID=58995899

    STOCK MARKET NOW IN RED ZONE; EMOTIONAL ONSLAUGHT IS NEAR

    Dec 15, 2018

    Eleven days ago, in “Wake Up: Stocks Are In A Bear Market, So Sell Something,” I described the five steps I thought were in store for the stock market. Driven by fundamental unknowns/negatives, an ugly technical picture and heightened, emotion-driven decision-making, the market is free t...


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    3 SHORT SALES FOR TAX SELLING SEASON

    Dec 14, 2018

    Tax selling pressure is likely to pick up into Dec. 31, with thousands of issues trading in the red for 2018. More importantly, many of those stocks peaked at much higher prices, attracting bagholders who need to decide if they want to take short-term capital losses. It isn't as bad for long-ter...


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    /news-article.aspx?ID=58755875

    AT&T SLUMPING NEAR 7-YEAR LOW

    Dec 14, 2018

    AT&T Inc. (T) raised its quarterly dividend by a penny in Friday's pre-market, but the news has failed to attract buying interest. The apparent apathy isn't surprising because the stock is glued to a seven-year low despite recent upgrades from Citigroup, Cowen, JP Morgan and boutique fir...


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    /news-article.aspx?ID=58765876

    EUROPEAN SHARES ON TRACK FOR WORST QUARTER SINCE 2011

    Dec 14, 2018

    European shares closed lower for a second day on Friday as weak European and Chinese data renewed worries about global growth and sent a pan-European benchmark on course for its worst quarter since 2011.The euro zone STOXX 600 <.STOXX> index ended the day down 0.72 percent and on course for a ...


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    /news-article.aspx?ID=58775877

    WALL STREET PARES GAINS AFTER TRADE-FUELED RALLY

    Dec 13, 2018

    U.S. stocks gave up early gains on Thursday, as a rally sparked by progress in U.S.-China trade talks faded, with investors moving into defensive sectors such as real estate and utilities.The S&P 500 <.SPX> posted its best one-day percentage gain in 10 days on Wednesday following President...


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    /news-article.aspx?ID=58745874

    WHY 2019 WON'T BE AN AVERAGE YEAR FOR STOCKS

    Dec 13, 2018

    It's that time of year when you see a trove of stock market forecasts and predictions. Now, I'm sorry to spoil the surprise, but most major investment houses will forecast high single-digit returns for the S&P 500. For example, looking back at 2018 forecasts per CNBC's tracking showe...


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    /news-article.aspx?ID=58695869

    ASIAN SHARES FALL ON POOR CHINESE ECONOMIC DATA

    Dec 13, 2018

    Asian markets tumbled on Friday after China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest economy. KEEPING SCORE: Japan's Nikkei 225 index slid 1.7 percent to 21,439.16 and the Kospi in South Korea lost 1.2 percent to 2,070.70....


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    /news-article.aspx?ID=58705870

    WALL STREET ENDS FLAT AS NERVOUS INVESTORS FLOCK TO DEFENSIVE SHARES

    Dec 13, 2018

    The S&P 500 finished little changed after a volatile session on Thursday, as investors continued to be spooked by uncertainty on both domestic and international issues, driving up bids for defensive shares while financials and consumer discretionary stocks were the biggest drags. The Dow eked ou...


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    /news-article.aspx?ID=58715871

    RECORD $46 BILLION PULLED FROM U.S.-BASED STOCK FUNDS IN LATEST WEEK: LIPPER

    Dec 13, 2018

    More than $46 billion thundered out of U.S. stock mutual funds and exchange-traded funds (ETFs), the most ever, while a near-record $13 billion poured from bonds, according to the research service. Relatively low-risk money market funds pulled in $81 billion, also the most recorded, the research ser...


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    /news-article.aspx?ID=58725872

    3 STRONGEST STOCKS IN THE S&P 500

    Dec 12, 2018

    The S&P 500 Index is stuck at the price level first traded in December 2017, meaning it hasn't gained a penny in the past year. However, a basket of individual components has acted extremely well during this period, lifting to multi-year and all-time highs. An examination of these issues cou...


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    /news-article.aspx?ID=58565856

    WHAT TO KNOW ABOUT ROBO ADVISORS FOR BONDS

    Dec 12, 2018

    When the stock market blasts upwards, but with recent volatility and stock market losses, bond investing interest is starting to rise.The 10-year return for S&P 500 investments that include dividends is 8.42 percent, that's more than double the return on the 10-year Treasury bond at a measly...


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    /news-article.aspx?ID=58575857

    UNITED AIRLINES CEO DOUBLES DOWN ON GROWTH STRATEGY AS STOCK RIDES TAILWIND

    Dec 12, 2018

    With many rival airlines scaling back plans to add travel routes and seats in a bid to protect margins, Oscar Munoz is taking United Airlines in a different direction. The No. 3 U.S. air carrier is forging ahead with a strategy to boost its flight network by another 4 percent to 6 percent next year ...


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    /news-article.aspx?ID=58585858

    TRADE WAR OPTIMISM LIFTS EUROPEAN SHARES

    Dec 11, 2018

    European shares rose on Tuesday as optimism over the China-U.S. trade dispute helped them recover from the two-year lows hit in the previous session on a burst of political risk and worries over slowing global growth. The pan-European STOXX 600 <.STOXX> benchmark index rose 1.5 percent, while ...


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    /news-article.aspx?ID=58445844

    TODAY'S STOCK MARKET VOLATILITY: ITS TWO CAUSES ARE NOT FUNDAMENTAL, AND THAT CHANGES EVERYTHING

    Dec 11, 2018

    Yesterday (Monday, 12/10) is the perfect example of the futility in trying to answer “Why the morning selloff?” The answer is not in the fundamentals, although the media certainly tried. All the early morning reports offered reasons, but the very range shows them to be inaccurate guesses...


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    /news-article.aspx?ID=58455845

    DELL GETS SHAREHOLDER APPROVAL FOR VMWARE DEAL

    Dec 11, 2018

    DELL Technologies Inc said on Tuesday it has received shareholder approval for its earlier announced deal to buy back shares tied to its interest in software maker VMware , paving the way for it to return to the market.Dell said its Class C shares are expected to begin trading on the New York Stock ...


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    /news-article.aspx?ID=58465846

    BLACKROCK: CHINA STOCKS A BETTER BET THAN UK AMID BREXIT CHAOS

    Dec 11, 2018

    Chinese stocks look a better bet than the United Kingdom next year, as Britain struggles with its painful divorce from the European Union, a senior executive at BlackRock, the world's top asset manager, said on Tuesday. “China is slightly more invest-able than the UK right now," said ...


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    /news-article.aspx?ID=58475847

    A SECRET DIVIDEND GROWTH STOCK YOU SHOULD BUY AS BREXIT SHOCKS FINANCIAL MARKETS

    Dec 10, 2018

    Another day, another day of intrigue in Britain’s bloody and divisive Brexit battle. On Monday prime minister Theresa May decided to delay the vote on her proposed withdrawal deal scheduled for Tuesday, an event that was seen as the first major Parliamentary step to getting towards pulling the...


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    /news-article.aspx?ID=58335833

    ASIA SHARES NEAR THREE-WEEK LOWS, STERLING STRUGGLES ON BREXIT WOES

    Dec 10, 2018

    Chinese shares pulled ahead on Tuesday after Beijing confirmed it was still in trade talks with the United States, though sentiment remained fragile in Asia as the pound wallowed near 20-month lows on deepening political turmoil over a Brexit deal. Chinese Vice Premier Liu He spoke with U.S. Treasur...


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    /news-article.aspx?ID=58345834

    INVESTORS DITCH EUROPEAN SHARES AS POLITICAL RISK BURSTS

    Dec 10, 2018

    Investors took cover and ditched European shares on Monday as a burst of political risk with a key vote on Brexit being delayed and unrest over the weekend in France added to concerns over global growth and U.S-Chinese trade tensions. Losses accelerated at the end of the session when Wall Street ind...


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    /news-article.aspx?ID=58355835

    THE DECEMBER STOCK RALLY MAY NOT HAPPEN THIS YEAR

    Dec 10, 2018

    Investors shaken by the market's big sell-offs are hoping for a December rally to end a volatile year. This may seem like a solid bet considering that since 1950, the S&P 500 in December has risen 75% of the time, more often than any other month, according to LPL Financial. That may not happ...


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    /news-article.aspx?ID=58365836

    HOW INVESTORS CAN CHECK FOR RISK

    Dec 10, 2018

    WITH OIL PRICES gyrating, politics whipsawing, news breaking daily about the trade war with China, and a persistent drone about the bull market's advanced age, investors know that risk is a constant companion.In fact, managing risk is one of those fundamental tasks that investors are lectured ab...


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    /news-article.aspx?ID=58735873

    AUSTRALIAN WATCHDOG WANTS A REGULATOR FOR DOMINANT GOOGLE, FACEBOOK

    Dec 09, 2018

    Australia's competition watchdog on Monday recommended tougher scrutiny and a new regulatory body to check the dominance of tech giants Facebook Inc and Alphabet Inc's Google in the country's online advertising and news markets. The recommendation, in a preliminary report on the U.S. fir...


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    /news-article.aspx?ID=58545854

    WORLD BANK SHIFTS FOCUS TO EGYPT'S PRIVATE SECTOR WITH $1 BILLION LOAN

    Dec 09, 2018

    The World Bank is pushing to prise open more space for Egypt's private sector with $1 billion in new funding, part of a second phase of support that follows two years of painful economic reforms, the bank's regional vice-president said. The funding, signed on Sunday, comes on top of $3.15 bi...


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    /news-article.aspx?ID=58555855

    STOCKS THIS WEEK: SHORT CITRIX SYSTEMS AND STANLEY BLACK AND DECKER

    Dec 09, 2018

    The market indices likely need one more decline in order to complete the last wave of the current correction. The broadly-based Value Line Index has already broken its October 29 low and the S&P 500 and the NASDAQ 100 are likely to follow. Citrix Systems shows a cycle peak on the 11th. Six of ni...


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    /news-article.aspx?ID=58255825

    STAY IN STOCKS BECAUSE THE BEST INVESTMENTS ARE CREATED BY VOLATILE MARKETS

    Dec 09, 2018

    With the recent extreme moves in the market, many are questioning whether to stay in stocks or move to cash until things settle down. Wayne Himelsein, one of my managers, gives a resounding yes to staying in the market. Ken Kam: A lot of people are worried, and with a good variety of reasons, all ve...


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    /news-article.aspx?ID=58265826

    U.S. SAYS MARCH 1 'HARD DEADLINE' FOR TRADE DEAL WITH CHINA

    Dec 09, 2018

    U.S.-China trade negotiations need to reach a successful end by March 1 or new tariffs will be imposed, U.S. Trade Representative Robert Lighthizer said on Sunday, clarifying there is a "hard deadline" after a week of seeming confusion among President Donald Trump and his advisers. Global ...


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    /news-article.aspx?ID=58275827

    'DEATH CROSS' PORTENDS MORE NEAR-TERM LOSSES FOR U.S. STOCKS, THEN REBOUND

    Dec 07, 2018

    More losses may be ahead for U.S. stocks in the short term, according to an indicator with a fittingly ominous name: the death cross. A chart pattern tracked by technical analysts and other market mavens, a death cross forms when an index's near-term moving average of daily closing prices falls ...


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    /news-article.aspx?ID=58235823

    CONTINUED U.S.-CHINA TRADE CONCERNS PUSHED STOCKS LOWER TO END A WILD WEEK

    Dec 07, 2018

    To close out a wild week for stocks, uncertainties surrounding the possibility of a longer-term detente in the U.S.-China trade war seemed to outweigh a bit of optimism on the inflation-and-economic front after a Goldilocks jobs report. The Dow Jones Industrial Average fell more than 500 points to e...


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    /news-article.aspx?ID=58245824

    WORLD STOCKS ATTEMPT REBOUND AFTER SELLOFF

    Dec 07, 2018

    World stocks attempted a rebound on Friday with Asian and European markets gaining modestly after the previous day's selloff, while oil prices fell as producers bickered over the details of an output cut. The pan-European STOXX 600 index was up 1.2 percent by 0857 GMT, after falling as much as 3...


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    /news-article.aspx?ID=58375837

    STOCKS DROP 4 PERCENT IN ROCKY WEEK ON TRADE, GROWTH WORRIES

    Dec 07, 2018

    Wall Street capped a turbulent week of trading Friday with the biggest weekly loss since March as traders fret over rising trade tensions between Washington and Beijing and signals of slower economic growth. The latest wave of selling erased more than 550 points from the Dow Jones Industrial Average...


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    /news-article.aspx?ID=58485848

    EU SENDS ULTIMATUM TO SWITZERLAND ON STOCK EXCHANGES

    Dec 06, 2018

    The European Union executive will offer Swiss stock exchanges a two-year extension of their right to operate in the bloc if the Swiss government approves an overall deal on future relations on Friday, EU sources told Reuters. If Switzerland does not back the draft pact, however, the European Commiss...


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    /news-article.aspx?ID=58145814

    PROS AND CONS TO BUYING TOYOTA STOCK

    Dec 06, 2018

    Toyota Motor Corp has been around since 1937 (and in the U.S. since 1957), and even its very name indicates the company has been blessed with good fortune. Originally, then founder of the company, Kiichiro Toyoda, wanted to name the company after himself, as in “Toyoda.” But fate interve...


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    /news-article.aspx?ID=58155815

    VALUABLE IMMIGRANT-FOUNDED STARTUPS COMING TO U.S. STOCK MARKET

    Dec 06, 2018

    Immigrants have created some of America’s most valuable privately held companies. Several of these companies are soon to become publicly traded and available to any American who wants to invest in these billion-dollar start-ups. The news of potential initial public offerings (IPOs) for many im...


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    /news-article.aspx?ID=58165816

    SOFTBANK MOBILE SERVICES DISRUPTED AHEAD OF BUMPER IPO, SHARES DROP

    Dec 06, 2018

    SoftBank Group Corp's mobile phone services were disrupted in some parts of Japan on Thursday, ahead of an initial public offering (IPO) of its domestic telecoms unit later this month that will potentially raise $21 billion. Some customers at Japan's third-largest telco have been unable to m...


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    /news-article.aspx?ID=58225822

    OIL PRICES DIP AS STOCK MARKETS SLIDE, BUT TRADING TEPID AHEAD OF OPEC MEETING

    Dec 05, 2018

    Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has pulled down crude prices by 30 percent since October.U.S. West Texas Intermediate (WTI) crude future...


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    /news-article.aspx?ID=58075807

    FOR EUROPEAN CHIP STOCKS, BUSINESS CYCLE RETURNS WITH A VENGEANCE

    Dec 05, 2018

    Investors who bet on European semiconductor stocks to profit from innovations being packed into smartphones and advanced vehicles are facing the grim reality that both industries are hitting a rough patch at the same time. Escalating trade frictions between the United States and China have contribut...


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    /news-article.aspx?ID=58085808

    BIG RETIREMENT LOSSES IF THE MARKET CRASHES TOMORROW

    Dec 05, 2018

    It might not be a stock market crash conventionally crash mode is a 10% drop or more but it might feel like one. On Tuesday Dec. 4, the S&P 500 fell -3.24%. Based on estimates from Monique Morrissey of the Economic Policy Institute when one considers stock holding of $5.2T in 401(k)-type account...


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    /news-article.aspx?ID=58135813

    GLOBAL SEARCH MARKETING AGENCY, DIRECTIVE, ANNOUNCES COMPLETE REBRANDING

    Dec 05, 2018

    Directive, the leading B2B and enterprise search marketing agency, announced today the launch of their new branding to reflect their evolution into a global search marketing agency. Directive’s unique approach to search marketing has positioned the company as the agency of choice for leading B...

    SOURCE
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    /news-article.aspx?ID=68766876

    GLOBAL SEARCH MARKETING AGENCY, DIRECTIVE, ANNOUNCES COMPLETE REBRANDING

    Dec 05, 2018

    Directive, the leading B2B and enterprise search marketing agency, announced today the launch of their new branding to reflect their evolution into a global search marketing agency. Directive’s unique approach to search marketing has positioned the company as the agency of choice for leading B...

    SOURCE
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    /news-article.aspx?ID=68776877

    OIL PRICES SLIP ON GLOBAL GROWTH CONCERNS, SWELLING U.S. SUPPLY

    Dec 04, 2018

    Reuters technical commodity analyst Wang Tao said WTI could soon test support at $51.75 per barrel, while Brent was threatening to drop below $60 per barrel again soon.Oil prices were pressured by a weekly report from the American Petroleum Institute (API) that said U.S. crude inventories rose by 5....


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    /news-article.aspx?ID=58045804

    BANK STOCKS WERE BRUISED THE WORST IN THE SELL-OFF. HERE’S WHY.

    Dec 04, 2018

    Financial stocks have just had their worst day since the February sell-off. Shares of banks in the S&P 500 were down 4.4 percent Tuesday, helping pull the S&P 500 down 3.2 percent. Bank of America, Morgan Stanley, JPMorgan Chase, Wells Fargo and Citigroup were each down more than 4 percent, ...


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    AMAZON BRIEFLY EDGES OUT APPLE FOR MOST VALUABLE COMPANY

    Dec 03, 2018

    Amazon.com briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple Inc. Amazon rose by 4.7 percent at one point, putting its market capitalization at $865.0 billion. At the same time, Apple traded up 2.1 percent,...


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    HEALTHCARE INC. STOCK SHOWS MARKET LEADERSHIP

    Dec 02, 2018

    After a correction, it is extremely unlikely that the best stocks to own are the same as before. Wayne Himelsein, one of my managers, has been looking for stocks showing signs of new leadership. This week he's recommending Healthcare, Inc.Ken Kam: You are recommending Healthcare, Inc. today? Way...


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    STOCKS RISE AFTER U.S. AND CHINA AGREE TO HALT ESCALATION OF TRADE WAR

    Dec 02, 2018

    Stocks rose on Wall Street Monday after President Trump and President Xi Jinping agreed to a temporary truce in the trade war between the United States and China. The S&P 500-stock index climbed 1.1 percent, notching its fifth gain in the last six trading sessions. Major Asian and European equit...


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    EGYPTIAN TAX CHANGE COULD SPUR BANKS TO STEP UP PRIVATE LENDING

    Dec 01, 2018

    A proposed change to the way Egypt taxes bank profits could encourage lenders to boost credit to the private sector and push up yields on Treasury debt, raising its appeal among foreign investors, economic analysts say.The cabinet last week gave preliminary approval to a proposed amendment to the wa...


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    THE WEEK AHEAD: BUY THOSE MARKET LEADERS BEFORE CHRISTMAS

    Dec 01, 2018

    Though some analysts discounted last Monday’s higher open and the S&P 500 gain of 1.55% as typical bear market activity, it provided the first evidence that the worst of the selling was likely over. The S&P 500 added to the gains on Tuesday, which caused further improvement in the tech...


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    ITALY'S BANCO BPM AGREES DEAL WITH CREDIT AGRICOLE IN BAD LOAN CLEAN UP

    Dec 01, 2018

    BANCO BPM has reached a deal over its consumer credit business with French rival Credit Agricole which will help it to sell 7.8 billion euros ($8.83 billion) of bad loans, Italy's third-largest bank said. The agreement comes at a difficult time for Italian banks as a sharp rise in state borrowin...


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    CAUTIOUS U.S. GLOBAL FUNDS RECOMMEND STASHING MORE CASH: REUTERS POLL

    Nov 30, 2018

    U.S. fund managers became slightly more cautious in November, recommending an increase in cash holdings to the highest in more than a decade and a cut to equity allocations to the lowest in well over a year, a Reuters poll showed. Evidence pointing to a slowdown in several global economies, a seriou...


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    THESE 5 LOW P/E STOCKS HAVE EARNINGS, DIVIDENDS & LITTLE TO NO DEBT

    Nov 30, 2018

    Used the Financial Visualization screener to identify 5 stocks with lower-than-the-market price-to-earnings ratios and with little to no debt on the books. Typically, a business unworried about making crushing debt payments has room to maneuver when conditions get tough. I included a screen for posi...


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    EUROPEAN SHARES CAUTIOUSLY DIP AHEAD OF G20 MEETING

    Nov 30, 2018

    Weakened in morning trading by poor data from China, European shares closed lower on Friday ahead of Saturday's crucial G20 talks between U.S. President Trump and China's Xi Jinping over trade.The pan-European STOXX 600 <.STOXX> ended the session down 0.3 percent and on a 1.2 percent l...


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    SAMSUNG ELEC SAYS IT WILL CANCEL $4.4 BILLION WORTH OF SHARES

    Nov 29, 2018

    Samsung Electronics Co Ltd <005930.KS> said on Friday it would cancel 4.9 trillion won ($4.4 billion) worth of its shares. Expected to be complete on Dec. 4, the cancellation was the second stage of its previously announced plan to cancel all of its treasury shares in two stages to enhance sha...


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    VOLVO CARS HAS NO CURRENT PLANS FOR STOCKMARKET LISTING: CEO

    Nov 29, 2018

    Volvo Cars, owned by China's Geely, has no current plans to go for a stock market listing, its chief executive said, more than two months after the Swedish carmaker postponed its flotation blaming trade tensions and an automotive stocks downturn. Volvo and its parent had been working on an initi...


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    MCDONALD'S STOCK LOOKS GOOD FOR 2019

    Nov 29, 2018

    We are endorsing the notion that McDonald's massive store modernization efforts, first rolled out in select international markets and now in the U.S., will begin to pay off in 2019 and should produce best-in-class sales results for more years to come," Glass says. He also says McDonald'...


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    HYUNDAI MOTOR STOCKS RISE ON $228 MILLION SHARE BUYBACK PLAN

    Nov 29, 2018

    Hyundai Motor Co <005380.KS> said on Friday it would buy back 255 billion won ($228.3 million) worth of common and preferred stocks to stabilize its stock prices and boost investor returns, sending shares of the South Korean automaker up 4 percent. Hyundai Motor stocks have plunged more than 3...


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    U.S. STOCKS HIGHER AT CLOSE OF TRADE; DOW JONES INDUSTRIAL AVERAGE UP 2.50%

    Nov 28, 2018

    U.S. stocks were higher after the close on Wednesday, as gains in the Technology, Consumer Services and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 2.50%, while the S&P 500 index gained 2.30%, and the NASDAQ Composite index gained 2.95%.The...


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