Search Results for: Trump
Russia is now China’s biggest oil partner — and it’s a huge problem for Saudi Arabia
February 4th, 2016
Saudi Arabia has long trumped Russia in the Chinese oil market. The Saudi share of Chinese crude imports at the beginning of the decade was about 20%, while Russia’s was below 7%, according to data cited by RBC Capital ...
Could Mike Tyson’s bitcoin wallet be a contender?
January 7th, 2016
Former boxing champ Mike Tyson is taking his interest in the bitcoin market a step further with the launch of a digital “wallet” for the digital currency bitcoin. Last year Tyson used his fame to sponsor an ATM that ...
Social media ‘increasingly important’ to accountants
January 5th, 2016
Social media is becoming more important to accountants in generating new business and raising their profile, according to the Wolters Kluwer 2015 social media survey. Since the survey’s inception in 2011, more accountants have embraced social media as a part ...
China Begins G-20 Leadership With Ideas to Reduce Dollar’s Role
December 7th, 2015
South Korea, France to lead working group exploring SDR use China exploring ways to make system more resilient to shocks As China takes the reins of the Group of 20 for the coming year, the first indications are emerging ...
Money Is Becoming Unmanageable: Hedge Funds Post Losses, Face Outflows
December 3rd, 2015
Some of the money managers who made names (and billions of dollars) for themselves in the past decade are suddenly failing: ” Hedge Funds Brace for Redemptions (Bloomberg) – When BlueCrest Capital Management told investors Tuesday ...
Facebook tops General Electric in market value
November 6th, 2015
Facebook surpassed General Electric, which traces its history back to Thomas Edison and the first light bulb, in market value Thursday as the U.S. economy sheds the last of its industrial influence and moves firmly into a digital age decades in ...
Egypt can’t rely on cash-strapped Saudi Arabia
November 5th, 2015
Egypt is running low on cash. And this time, oil-rich friends like Saudi Arabia may not be able to come to its rescue. Egypt‘s lack of cash is threatening its ability to mount an economic comeback from the turmoil ...
OPEC Brings Oil Price War Home in Pursuit of Asia’s Cash
October 20th, 2015
Members discounting their crude to lure Asian buyers Kuwait’s official selling price diverges from Saudi Arabia When it comes to deciding how much to charge Asian oil buyers, OPEC members are showing little regard for tradition. Suppliers from the Organization ...
U.S. banks moved billions in trades beyond CFTC’s reach
August 24th, 2015
This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in the data,” said Chris ...
Are you brave enough to profit from a collapse in gold?
August 4th, 2015
If you are, put your money where your mouth is and buy put options OK, gold haters. It’s time to put your money where your mouth is. You think gold could be going down to $350 an ounce? That’s great. ...
