Breakingviews – Corona Capital: GE cash burn, Macy’s lifeline
NEW YORK/MILAN/LONDON/HONG KONG (Reuters Breakingviews) – Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp […]
A hedge fund made a 40% gain by calling the coronavirus sell-off and shorting stocks
Paramount Pictures A Singaporean hedge fund had a moment straight out of “The Big Short” when it predicted the novel coronavirus would hammer markets and […]
Breakingviews – Corona Capital: GE, Oaktree, M&A back doors
LONDON/MILAN/NEW YORK/HONG KONG (Reuters Breakingviews) – Breakingviews has launched a daily column covering pandemic-related insights that you might have missed. Throughout the day, we’ll bring […]
Synthetix Exchange May Soon Offer Derivatives Trading on Ethereum
Ethereum-based synthetic asset issuance platform Synthetix is adding new features, which includes derivatives trading. In a March 10 blog post, Synthetix announced plans for trading […]
CULedger’s DLT-Based Credit Union Platform Is Commercially Live
As the United States continues to actively embrace blockchain, more new blockchain-powered products supported by national organizations continue to mature. CULedger, a major fintech firm […]
Japan’s Finance Minister Sounds China CBDC Warning | BTCMANAGER
Taro Aso, Japan’s Finance Minister has voiced his reservations concerning China’s plans to issue its central bank digital currency (CBDC) – the digital yuan. Aso […]
Decentralized Finance Leader HyperDAO Announces Token Sale Event on OKEx Platform Jumpstart, Starts Feb 25, 2020
Leading one-stop DeFi platform HyperDAO has announced its HDAO token sale will take place on the OKEx platform Jumpstart on February 25, 2020 (UTC).The platform […]
China’s Total Blockchain Investments Dropped 40% in 2019 Compared to 2018
Chinese blockchain spending in areas of investment and financing deals has dropped over 40% in 2019, according to a new study by state-run sources. Over […]
Factbox: Foreign investment banks with majority stakes in China units
HONG KONG (Reuters) – The world’s biggest investment banks will be able to wholly own their China securities businesses from April 1 as the U.S.- […]
World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report
China Construction Bank (CCB), the world’s second-biggest bank by operated assets, has officially launched its blockchain-based refactoring platform. Targeting commercial factoring business, CCB aims to […]
BNY Mellon Officially Joins Blockchain-Based Marco Polo Network
The Bank of New York Mellon (BNY Mellon) has joined blockchain software firm R3’s trade finance network, the Marco Polo Network. The American banking and […]
Yahoo Finance Adds CoinMarketCap’s Crypto Prices to Its Website
Yahoo Finance, the United States-based financial news giant, has integrated its website with cryptocurrency pricing by major crypto data supplier CoinMarketCap (CMC). The website now […]
S&P 500 Hits New High As Federal Reserve Cuts Interest Rates For Third Time This Year
Stocks closed broadly higher on Wall Street Wednesday, sending the S&P 500 to a record high for the second time this week, as investors welcomed […]
These are the top 10 brands in the world in 2019. Facebook isn’t one of them.
el_cigarrito/Shutterstock Interbrand, a brand consultancy firm, ranked the world’s biggest companies. They based the ranking on brand strength now, how the brand wants to improve […]
Inside TurboTax’s 20-Year Fight to Stop Americans From Filing Their Taxes for Free
By Justin Elliott and Paul Kiel ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for ProPublica’s Big Story newsletter to receive stories like this […]
Finance event bars billionaire Ken Fisher after sex comments: Not an 'old boys club'
How stocks could impact 2020 election after wild week on Wall Street Multi-billionaire investor Ken Fisher gives his take on the economic climate. Chip Roame […]
Finastra Joins RippleNet to Support Cheaper Cross-Border Payments
United Kingdom-based financial software firm Finastra has partnered with Ripple to join RippleNet, a global blockchain payments network with over 200 members. Faster integration with […]
CEO who slashed his salary to give employees a raise
It’s not every day that the new boss flies in to give employees the stunning news that they’re getting an instant raise to meet a […]
Blockchain Startup Tracks Property Liens in Energy-Efficient Loan Market
Blockchain company Spring Labs will be developing a national property lien registry for four financing providers in the United States. Combat fraud and enhance identity […]
German Finance Minister Says Gov’t Must Reject Facebook’s Libra Coin
German Finance Minister Olaf Scholz stated that policymakers cannot accept parallel currencies such as Facebook’s proposed Libra stablecoin. Prevent stablecoins from becoming alternative currencies As […]
Warren Buffett's lunch with crypto whiz kid Justin Sun has sparked conspiracies, public apologies, and arrests in China
Warren Buffett’s annual charity lunch has sparked conspiracy theories, public apologies, and arrests on the other side of the world. “It has produced a lot […]
Cyprus’ Finance Minister: Blockchain Draft Bill to be Ready This Year
The finance minister of Cyprus, Harris Georgiades, has said that the country’s blockchain regulation draft will be ready this year. English-language local finance news outlet […]
Stocks are jumping as traders see 'light at the end of the trade-war tunnel'
Stocks jumped on Thursday following reports of a tentative truce in the US-China trade war. The two countries are crafting a deal to avert planned […]
Russian Ministry of Finance Considers Allowing Cryptocurrency Trading
A representative of the Russian Ministry of Finance (MinFin) says the ministry is considering allowing cryptocurrency trading, Russian news service Interfax reported on June 21. […]