The most popular crypto currency in the world, Bitcoin, rose to a record $ 8 thousand, even though less than a week ago it showed a rapid decline. Experts believe that such high volatility is inherent to the market of crypto-currencies since Bitcoin’s value depends on the news background. According...

The mega-banks of Japan have a problem. It seems that they simply cannot cut their expenses fast enough, writes Bloomberg. Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc., may have surprised investors by reporting on Tuesday an increase in profits in the second quarter,...

It is being called a war over iron ore.   Singapore Exchange Ltd.’s leading position in the futures commodity market for iron ore is being challenged by Hong Kong Exchanges & Clearing Ltd. which is starting futures for the same – a commodity that has been a popular way to bet on...

Uber concluded a deal that could bring huge investments from a consortium led by the Japanese conglomerate Softbank and Dragoneer, the BBC reports. The size of potential investments is not disclosed, but reportedly the amount can reach $ 10 billion.   It is noted that the funds received will...

Global investors, including U.S. hedge funds, are increasingly cashing-in on China’s demand for increased state surveillance through smart CCTV cameras that can track and monitor suspects, including dissidents and activists, with a disregard for individual’s rights. As far as the business side of...

The latest market research report form Technavio on the global qPCR reagent market claims that there will be a growth of more than 7% CAGR from 2017-2021 in the market. the growth rate would be supported by rampant and increasing use of qPCR technique in multiple applications like food and...

A few days after US President Donald Trump urged Saudi Aramco to conduct an IPO on the New York Stock Exchange, a well-known investor Mark Mobius, said that the placement in New York is unlikely, CNBC reported. A number of exchanges, including in New York, London, Hong Kong and Singapore, are...

Unperturbed by the collapse of the mega deal between T-Mobile US and Sprint Corp, Deutsche Telekom’s third quarter earnings have beaten analysts’ expectations. Leaving behind the collapse of the merger between T-Mobile US and Sprint Corp, Deutsche Telekom raised its 2017 outlook and reported a 3.3%...

The development marks a growing trend of large financial institutions being dependent on fintech startups to provide them large diversified normalised data sets from which they can gain business intelligence. On Wednesday, it emerged that the Goldman Sachs Group Inc led a $10 million funding round...