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| Even free-market Republicans who hate government oversight want bitcoin to be regulated Bipartisan momentum is growing in the Senate and House of Representatives for action to address the risks posed by virtual currencies to investors and the financial system, they said. Even free-market Republican conservatives, normally wary of government red tape, said regulation could be needed if ...
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| S&P Global Ratings: Cryptocurrencies crash would unlikely damage global financial system They made it clear in their view, that any crash in the cryptocurrency market is unlikely to disrupt the general global finance markets. As a reminder, at the start of this year the crypto market in general came quite large selling pressure, as an example, Bitcoin dropped around 70% from its extreme high to ...
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| German economic confidence falls; Pound volatile amid Brexit uncertainty – business live The Parliament wants the EU to negotiate an 'association agreement' which could give Britain "privileged" single market access and membership of EU agencies. The resolution marks a break from the position of the EU's chief Brexit negotiator. The Parliament's plans were revealed to British MPs during ...
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| Asian shares mostly lower after US holiday, await Fed notes South Korea's Kospi lost 1.0 percent to 2,418.20. Hong Kong's Hang Seng fell 0.7 percent at 30,908.26, while the Shanghai Composite gained 0.5 percent to 3,199.16. US HOLIDAY: American markets were closed Monday for Presidents' Day. CENTRAL BANKS: Minutes are expected later Tuesday from ...
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| Stocks no haven from low FD rates AT a time when falling interest rates for bank fixed deposits (FDs) have caused risk-averse middle class savers to turn to equity, it is important for the stock markets to exude a sense of steadiness and sobriety so that investment and growth progress healthily. The opposite has been the case as the current ...
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| The New Paradigm for Financial Markets Synopsis: In the midst of the most serious financial upheaval since the Great Depression, legendary financier George Soros explores the origins of the crisis and its implications for the future. Soros, whose breadth of experience in financial markets is unrivaled, places the current crisis in the context of ...
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