Merrill Lynch Says No To Bitcoin
Merrill Lynch has banned its clients and financial advisers from buying bitcoin-related investments due to concerns over the investment standard of the cryptocurrency and related products, reports said...
View ArticleFormer Goldman Trader Deeb Salem: $8M Isn’t Enough
Deeb Salem, a former Goldman Sachs trader who said his bonus was unfairly docked because of a written warning he received about his 2007 self-evaluation.... Continue reading Former Goldman Trader Deeb...
View ArticleMajor Banks Continue Forex Crackdown. Be Careful What You Do In Chat Rooms!
Watch the latest video at video.foxbusiness.com... Continue reading Major Banks Continue Forex Crackdown. Be Careful What You Do In Chat Rooms! on Forex Alchemy.
View ArticlePeer to Peer Technologies; Putting a Pitchfork in the Corrupt Financial System
In this episode of the Keiser Report, Max Keiser and Stacy Herbert ask, “What financial system ever existed a century and a half without a rebellion? And what banking system can preserve it’s liberties...
View ArticleAsia Pacific Set to Become Largest e-commerce Market in the World
Ecommerce in Asia is growing. This year, Asia Pacific is set to overtake North America as the largest e-commerce market in the world. CNBC’s Julia Wood takes a look at how. ... Continue reading Asia...
View ArticleBNP Paribas and Future of US Dollar
BoomBust lead story: Massive fines placed on foreign banks by the United States are garnering a lot of pushback from the international banking community. This comes after BNP Paribas agreed to pay the...
View ArticleChinese Companies Cross into Russia
Kathrin Hille, the Financial Times’ Moscow bureau chief, reports on the unprecedented push by Chinese companies into Russia’s far east border with its neighbour.... Continue reading Chinese Companies...
View ArticleWage Gap: UK Execs Make 180 Times More Than Average Worker
In the UK food banks are being used by hard up families more than ever and real terms wages are falling fast for the average worker. But disappearing into the financial distances one group of employees...
View ArticleAustralia: $60 billion of LNG Projects Under Threat
In Australia, problems with drilling, conflicts with landowners and competition from the U.S. are threatening $60 billion of liquefied-natural-gas projects. The WSJ’s Ramy Inocencio speaks with...
View ArticleBusinesses fear Russia Sanctions War
Ambassadors from all 28 EU countries have reached a deal on wide-ranging sanctions against Russia. Neil Buckley, East Europe editor, and Jonathan Guthrie, City editor, discuss how Russia might...
View ArticleSnapchat May See $10B Valuation
Alec Ross, senior fellow at Columbia University, and Bloomberg’s Cory Johnson examine talks between Snapchat and Alibaba Group Holdings that could value the mobile messaging application at $10...
View ArticleUS Corporate Rats Leaving the Ship for UK
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the US corporate rats abandoning ship for the United Kingdom where, despite a public health system and higher minimum wage...
View ArticleObama to Business Executives: Quit Complaining
Phil Mattingly reports on President Obama’s frustration with business leaders complaining about the economy. Mattingly speaks on “Market Makers.” (Source: Bloomberg)... Continue reading Obama to...
View ArticleWarren Buffett Has $50B in Cash, What Will He Do With It?
Bloomberg’s Noah Buhayar reports on the $50 billion in cash available at the Omaha, Nebraska-based Berkshire Hathaway Inc. Bank of America Merrill Lynch Portfolio Strategy CIO Mary Ann Bartels and...
View ArticleBeyonce & Jay-Z: Making Millions in a Night’s Work
Jay-Z and Beyonce’s On The Run tour wraps up on a high note in North America with the last show in San Francisco’s AT&T Park Wednesday night. The power couple’s 19 North American shows are...
View ArticleCan Europe Rival Silicon Valley’s Start-up Success?
Google recently announced the launch of the European arm of its venture capital fund, Google Ventures. But can Europe’s burgeoning start-up scene compete, or even mirror, the success of Silicon...
View ArticleEducating China’s Future Global Leaders
China will become a hotbed of innovation and will need global leaders who can appreciate diversity to provide direction, according to Bing Xiang, dean of Cheung Kong Graduate School of Business. He...
View ArticleChange Coming to Corporate Asia
From China’s state-owned enterprises to Korea’s chaebol, Asian companies are under pressure to improve their returns. CLSA’s head of Asia research Amar Gill tells the FT’s Jennifer Hughes that...
View Article‘Peace Premium’ for Banks That Settle With Regulators
New York Attorney General Eric Schneiderman talks about Bank of America Corp.’s settlement with federal and state regulators over probes into mortgage bond sales. He speaks with Trish Regan on...
View ArticleJessica Alba’s Honest Co. Gets $70 Million in Financing
The WSJ’s Lee Hawkins discusses the strong likelihood that Jessica Alba’s non-toxic products company, Honest Company, will do an initial public offering after an announcement that the company...
View ArticleWal-Mart Tries to Woo China’s Online Shoppers
Wal-Mart’s Chinese online retail arm Yihaodian is building faster local delivery operations as part of a push to boost sales in the country, where growth in the company’s brick and mortar stores has...
View ArticleBurrito Bonds: A Tasty Investment?
A London food chain is offering something rather unusual on the menu — Burrito Bonds. Depending on how much you invest in Mexican restaurant Chilango, you will get interest every year and free food...
View ArticleAlabama: The New Hub of Chinese Manufacturing
The comeback from the financial crisis has been hard for rural Alabama, with unemployment near 20 percent in many communities…but some unexpected partners have emerged: Chinese manufacturers....
View ArticleMeet Billionaire Alibaba Founder Jack Ma
Alibaba founder and chairman Jack Ma is synonymous with the company. His first job paid him $12 a month — now his net worth is nearly $22 billion. How did he become China’s richest man? Bloomberg’s...
View ArticleAlibaba IPO: Just How Big Is China’s E-Commerce Growth?
Bloomberg’s Mia Saini reports on the Chinese story in Alibaba’s IPO. She speaks on “Market Makers.” (Source: Bloomberg) ... Continue reading Alibaba IPO: Just How Big Is China’s E-Commerce Growth?...
View ArticleMarc Faber: Low Oil Prices May Have Adverse Impact on Economy
Nov. 3 (Bloomberg) — Marc Faber, editor and publisher of “The Gloom, Boom & Doom Report,” comments on oil prices. He speaks with Bloomberg’s Trish Regan on “Street Smart.” (Source: Bloomberg) —...
View ArticleAre More Mega Deals Ahead in 2015?
Jan. 2 — Bloomberg’s Brooke Sutherland discusses the prospects for mega-deals in 2015. — Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive...
View ArticleTFF ASIA and AISA
TFF and AISA are pleased to announce their collaboration in order to offer Chinese clients the opportunity to participate in the U.S. EB-5 immigrant investor program. AISA is a registered investment...
View ArticleInnovative Diagnostic and Therapeutic Products Seen at Roche
Innovative Diagnostic and Therapeutic Products Seen at Roche In the world of biotechnology and pharmaceuticals, arguably the largest in the field is the company known as Roche. Roche discovers,...
View ArticleNovatris: First Class Rx Pharmaceuticals
Novartis is a biotechnology and pharmaceuticals company with an excellent reputation in developing first class Rx pharmaceuticals. Founded in 1996, the company develops a huge arrangement of products...
View ArticleDriving cutting-edge connectivity for the global finance industry
For the past two years Azul Systems, the award-winning leader in Java runtime solutions, and PrimeXM, the award-winning connectivity provider, have been collaborating to further facilitate the low...
View ArticleRipple Jumps On News Of MoneyGram Tie-up
US money transfer giant MoneyGram struck a deal with the blockchain-based payment settlement company Ripple to pilot the latter’s native currency XRP in MoneyGram payment flows. The price of XRP,...
View ArticleMalaysia CB Unlikely To Hike Rates Until 2019
With growth set to slow, inflation benign and the currency continuing to strengthen, Malaysia’s central bank is likely to leave its rates unchanged for the rest of this year and next, Alex Holmes and...
View ArticleJapan Housing Starts Fall Unexpectedly In December
Japan’s housing starts declined for the sixth successive month in December, defying economists’ forecast for an increase, data from the Ministry of Land, Infrastructure, Transport and Tourism showed...
View ArticleThe United States has become a net exporter for the first time in 75 years
According to the US Department of Energy, for the first time in 75 years, the country has acquired the status of net exporter of oil and oil products. Recall that a net exporter is called a state where...
View ArticleFrance Private Sector Activity At 2-Month Low
France private sector activity dropped to its lowest level in two months in March with both manufacturing and services falling, amid an intensified decline in new order and exports, survey data from...
View ArticleGerman Private Sector Growth Weakest In Nearly 6 Years
Germany’s private sector grew at its slowest pace in nearly six years, led by a sharp decline in manufacturing, flash data from IHS Markit revealed on Friday. The composite output index fell to a...
View ArticleGerman Industrial Production Rebounds In February
Germany’s industrial production rose in February after stagnating at the start of the year, preliminary figures from the Federal Statistical Office showed on Friday. Industrial production grew a price,...
View ArticleGerman Ifo Business Confidence At 3-year Low
Germany’s business confidence unexpectedly weakened in April to its lowest level in three years, survey data from the ifo Institute showed on Wednesday. The ifo business climate indicator dropped to...
View ArticleBrexit Uncertainty Taking A Toll On Business Confidence In Europe
Uncertainty surrounding the UK leaving the European Union has significantly hurt the business morale in Europe since November, and a clear divide between the East and the West has emerged in terms of...
View ArticleFrance Private Sector Growth At 7-Month High
France’s private sector grew at the fastest pace in seven months in June, flash survey data from IHS Markit showed Friday. The composite output index rose more-than-expected to 52.9 in June from 51.2...
View ArticleOil Prices Jump After Large Crude Inventory Draw
Oil prices rose sharply on Wednesday to hit their highest level in nearly a month, as U.S.-Iran tensions simmered and industry data showed a larger than anticipated drawdown in crude inventories....
View ArticleIMF Chief Christine Lagarde To Head ECB
European leaders agreed on Tuesday to nominate France’s Christine Lagarde as the new European Central Bank President to succeed Italy’s Mario Draghi. Lagarde, a lawyer who became France’s first woman...
View ArticleAustralia Q4 Export Prices Slide 5.2% On Quarter
Export prices in Australia were down 5.2 percent on quarter but rose 4.1 percent on year in the fourth quarter of 2019, the Australian Bureau of Statistics said on Thursday. Main contributors to the...
View ArticleAustralia Private Sector Recovers In January
Australia private sector recovered in January driven by services business activity, survey results from IHS Markit showed Wednesday. The Commonwealth Bank of Australia composite output index rose to...
View ArticleJapan Has Y1,312.6 Billion Trade Deficit In January
Japan posted a merchandise trade deficit of 1,312.6 billion yen in January, the Ministry of Finance said on Wednesday. That beat estimates for a shortfall of 1,684.8 billion yen following the 154.6...
View ArticleSouth Korea Consumer Confidence Weakens In February
South Korea’s consumer confidence weakened in February after rising in the previous month, survey results from Bank of Korea showed on Tuesday. The consumer confidence index fell to 96.9 in February...
View ArticleNew Zealand Trade Deficit NZ$340 Million In January
New Zealand posted a merchandise trade deficit of NZ$340 million in January, Statistics New Zealand said on Thursday. That beat expectations for a shortfall of NZ$549 million following the NZ$547...
View ArticleCoronavirus Sends China Manufacturing PMI Tumbling
The manufacturing sector in China fell deeply into contraction in February, the latest survey from Caixin revealed on Monday with a manufacturing PMI score of 40.3. That’s down sharply from 51.1 in...
View ArticleCovid-19 Control Measures Weigh On China’s Industrial Profits
China’s industrial profits plunged at the start of the year as coronavirus, or covid-19, epidemic weighed heavily on economic activity, data publish by the National Bureau of Statistics showed Friday....
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