Top

Finance Tech, Industries, Others, Trading

The world’s biggest tech companies are at serious risk of losing a $32 billion market

August 14, 2018

Via: Business Insider

Apple, Amazon, Google, Facebook and other US tech titans are facing major hurdles on selling online in India, thanks to a new ecommerce bill which prioritises homegrown firms. According to The Wall Street Journal, which has seen a draft of […]


Finance Tech, Trading

Gold edges higher as Turkey turmoil fades

August 14, 2018

Via: Market Watch

A respite for the hard-hit Turkish lira was accompanied by a small gain for gold futures early Tuesday, as the U.S. dollar gave back some of its recent gains. December gold futures GCZ8, +0.25% rose $2.90, or 0.2%, to $1,201.80 […]


Finance Tech, Trading

U.S. stocks poised to come under pressure as Turkey weighs on global markets

August 13, 2018

Via: Market Watch

U.S. stock indexes appeared set to stumble early Monday as turmoil in Turkey eroded appetite for risk on Wall Street. What are benchmarks doing? Futures for the Dow Jones Industrial Average YMU8, -0.29% were off 94 points, or 0.4%, at […]


News

Bitcoin Investing Is Creating Giant Tax Headaches for Hedge Funds

August 13, 2018

Via: Fortune

Dozens of hedge funds investing billions of dollars in cryptocurrencies don’t know if they’re calculating their taxes correctly, which may be a problem now that U.S. authorities have said they’re going to be scrutinizing virtual currencies. Just like individual taxpayers, […]


Energy, Industries

China drops U.S. crude oil from its target list of tariffs

August 10, 2018

Via: Market Watch

As China made good on its threat to impose 25% tariffs on $16 billion worth of U.S. imports, one big-ticket item originally on its hit list was conspicuously missing: crude oil. Oil had been one of a slate of targets […]


Finance Tech, Trading

U.S. stocks pulled into global selloff as Turkey’s currency crisis raises the alarm

August 10, 2018

Via: Market Watch

U.S. stocks seem poised to fall Friday, as the global equity retreat fueled by the mounting currency crisis in Turkey raises the alarm for possible contagion into other markets, The U.S. dollar DXY, +0.37% sought as a haven relative to […]


Industries, Retail & Wholesale

What Walmart and JD.com’s Latest Investment Means for Chinese Retail

August 9, 2018

Via: Fortune

The Chinese grocery-delivery firm, Dada-JD Daojia, announced Thursday that has received a $500 million injection of financing. The money comes jointly from U.S. retail giant Walmart and Chinese e-commerce player JD.com. Walmart (WMT, -0.14%) said it had contributed some $320 […]


Finance Tech, Trading

Chinese stocks jump, other markets mixed as trade in focus

August 9, 2018

Via: ABC News

Global stock markets were mixed Thursday with European stocks trading lower after Chinese markets finished with sharp gains. Traders focused on the latest developments in the trade dispute between the United States and China, as oil prices resumed their decline. […]


Finance Tech, Liquidity

The crypto market has lost 20% of its value in 2 weeks and bitcoin is still dropping

August 8, 2018

Via: Business Insider

LONDON — The price of bitcoin is slipping on Wednesday, extending a poor run for the digital currency. Bitcoin is down almost 3% to $6,521.47 at 12.45 a.m. BST (7.45 a.m. ET). Over the last 24 hours, it is down […]


News

The Trump Administration Just Announced Tariffs on $16 Billion in Chinese Imports. Here’s What’s New

August 8, 2018

Via: Fortune

The Trump administration just announced tariffs on another $16 billion in Chinese imports to the U.S. This latest round makes good on the president’s promise in June to impose a 25% tariff on $50 billion in Chinese goods. An earlier […]