If you're having a bad week, consider that Warren Buffett has lost $2 billion and it's only Tuesday. Buffett is known for shunning the quick buck and focusing on the long-term performance of his investments. He'd best not change that this week...
“too early to say” on more ECB measures ECB’s gov council member and Belgian central bank head Luc Coene quoted in L’Echo newspaper and on the wires a few moments ago EURUSD posted 1.2740 but back to 1...
Heineken, the world's third largest brewer, reported lower than expected beer sales in the third quarter as wet weather reduced drinking in Europe, but retained its full-year outlook...
The European Commission will on Wednesday tell five euro zone countries, including France and Italy, that their budget plans risk breaching EU rules, say three officials briefed on the decision...
Probes into allegations that traders rigged foreign-exchange benchmarks could cost banks as much as $41 billion to settle, Citigroup Inc. (C) analysts said. Deutsche Bank AG (DBK) is seen as probably the “most impacted” with a fine of as much as 5.1 billion euros Read More -> Sources...
Answering why prices of bitcoins have been declining recently, having traded near $650 to begin July only to drop to just above $300 earlier this month, Coinsetter CEO Jaron Lukasiewicz recently provided his explanation on Quora as well as posting them on the company’s blog...
Swarm has announced its first selection of startups for decentralized crowdfunding on its platform. Swarm launched earlier this year and uses the Counterparty protocol to manage its Swarmcoin, a medium for exchange for issuing equity in startups...
Bitcoin derivative exchange BTC.sx has partnered with bitcoin exchange itBit to track the latter’s BTC/USD pair as a tradable instrument in its platform. Until now, BTC.sx had only tracked prices on Bitstamp, which replaced MtGox. BTC...
BitPay has issued a document outlining its concerns with the BitLicense proposal, joining a chorus of Bitcoin enthusiasts and businesses worried that it would adversely impact Bitcoin. Two months ago, China’s three largest bitcoin exchanges penned a joint open letter doing the same...
Citi has introduced significant enhancements to Dagger, its leading liquidity-seeking algorithm for equity markets...
Citi has launched a full suite of algorithmic and direct market access trading products providing clients electronic access to the Turkish equities markets...
Europe's largest stock exchange, BATS Chi-X Europe (BATS) is launching a new offering that grants exposure to Turkey’s most liquid stocks in the form of the BIST30 index, which is slated to begin in early November...
After suffering through more than a year of difficult market conditions, fixed income traders were finally having a good couple of months...
Brazil’s too-close-to-call election is pushing volatility on the country’s stocks (IBOV) to the highest in nine years relative to emerging-market peers. With polls showing support for President Dilma Rousseff and challenger Aecio Neves within the margin of error, price swings are surging...
Last month, Ryan Dochuk told me about his company’s new privacy policy. Companies change their privacy policies all the time, of course, but Dochuk doesn’t just work for any company. He co-founded and operates the VPN service TunnelBear...
High quality global journalism requires investment. Global corporate borrowers are returning to the US debt capital markets after sales of new bonds collapsed last week in the aftermath of a sharp sell-off in equities and a spike in volatility...
• Central bank intervention in US adds to optimism • EU forced to pledge ‘all help possible’ to Greece Strong US factory output growth and the intervention of a senior American central bank official brought some relief to markets following three days of turmoil that have knocked billions of pound...
MEXICO CITY—Mexican conglomerate Alfa SAB said Monday it plans to issue new stock to raise capital as it seeks to take advantage of opportunities opened up for the private sector under Mexico’s new energy laws. Alfa, based in Monterrey, said in a news release that the... Read more -> Sources...
(Bill Holter) Silver closed last week under $17 for the first time in 4 years. Maybe we have in store another "event" like 2008, 2011 or 2013 where the "price" gets forced down which explodes demand to a point where shortages again show up? Read More -> Sources...
LME Confirmed as New Metals Ringmaster as Market Rigging Fears Take Benchmarking Digital With palladium and platinum price 'fixing' shifting to the LME in December, is benchmark manipulation likely to be curbed or compounded? Any system or solution is only as good as its wielder...
