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Debdutta Ghosh


Ambiguous Accounting Rules could Pose Problems for Exxon Probe

Accounting experts are of the view that due to the broad leeway that energy companies have enjoyed reporting under U.S. rules, New York Attorney General Eric Schneiderman faces an uphill
Published on September 17, 2016
By Debdutta Ghosh

EU Chiefs Deny Split Over Bloc’s Future and says Weโ€™re Line One Fist

Any conflicting visions over how the bloc should combat euroskepticism and the risk of a break-up were denied by the European Union’s top officials. Despite the two leaders offering diverging
Published on September 17, 2016
By Debdutta Ghosh

China Housing Prices Skyrocket 76% as Analysts see โ€˜Tulip Feverโ€™ in the Housing Market

According to new research by economic consultancy firm Longview Economics, the famous Dutch “Tulip Fever” bubble of 1637 is being remembered by many while others draw similarity to it with
Published on September 16, 2016
By Debdutta Ghosh

PC Market Improvement Drives Intel Revenue Forecast up

In a growing trend this year, there has been an improvement in PC demand and suppliers of parts used in personal computers are steadily replenishing their inventory, and this has
Published on September 16, 2016
By Debdutta Ghosh

$55 Million from Big Banks Raised by Google-backed Blockchain Start-up Ripple

$55 million was raised in funding rounds by Ripple, a Google-backed start-up that uses blockchain technology to settle financial transactions between some of the world’s biggest banks. Standard Chartered, Accenture
Published on September 15, 2016
By Debdutta Ghosh

Bank of England keeps Rates, Bond Purchases Unchanged but Hikes Growth Forecasts

In order to maintain the size of its newly enlarged asset-purchasing program, the Bank of England opted to hold base interest rates at record lows on Thursday. The base rate
Published on September 15, 2016
By Debdutta Ghosh

In Weeks there can be a $300 Billion Exodus From Money Markets

Money managers are bracing for a last-minute exodus of as much as $300 billion from funds in regulatorsโ€™ cross hairs with a seismic overhaul of the $2.6 trillion money-market industry
Published on September 14, 2016
By Debdutta Ghosh

As Much as $1 Trillion could be Wiped Out of the US Economy If Trump Beats Clinton: Oxford Report

According to Oxford Economics, there can be grave implications for the worldโ€™s largest economy by a win for U.S. presidential candidate Donald Trump. U.K.-based economists Jamie Thompson and Sarah Maxwell
Published on September 14, 2016
By Debdutta Ghosh

Electricity Industry Harnessing Bitcoin Technology to Revolutionize

Shaking up the way payments are managed every time a light switch is flipped, bitcoin technology is starting to seep into the electricity business. As a replacement for slower administrative
Published on September 13, 2016
By Debdutta Ghosh

Following Brainard Warning, Fed Looks Unlikely to Hike Rates Next Week

In comments that solidified the view the central bank would leave interest rates unchanged next week, Fed Governor Lael Brainard said that the Federal Reserve should avoid removing support for
Published on September 13, 2016
By Debdutta Ghosh

Recall Crisis for Samsung Results in Wiping out of More than $14 billion off Shares

After Samsung urged Galaxy Note 7 users to switch off and return their devices following reports batteries in the handsets were catching fire, the South Korean companyโ€™s shares fell nearly
Published on September 12, 2016
By Debdutta Ghosh

AB InBev could see more deals After Buying SABMiller

There could be more smaller deals for Anheuser-Busch InBev involving Castel Group, Coca-Cola and Anadolu Efes once it seals its 79 billion pound (a$104.8 billion) takeover of rival brewer SABMiller.
Published on September 12, 2016
By Debdutta Ghosh

A Fleet of Classic Porsches Upstaged by an Aston Martin Sold for $2.9 Million

The limelight at an auction in London which was supposed to showcase a collection of classic Porsches was managed to be stolen by an Aston Martin, which sold for $2.15
Published on September 9, 2016
By Debdutta Ghosh

ECB Pressure on Governments to Splash the Cash Speculated after Draghi Speech

Speculation that the European Central Bank is pressuring governments to take up the baton to simulate growth was prompted after a rather muted and lackluster media conference by Mario Draghi,
Published on September 9, 2016
By Debdutta Ghosh

Intel to Sell Stake in Security Unit to TPG and Spin out the Unit

The investment firm TPG will buy the majority stake in cyber security division of Intel Corp, formerly known as McAfee, for $3.1 billion in cash, the latter announced. Valuing the
Published on September 8, 2016
By Debdutta Ghosh

Clamor for Top Grades Breeds a Band of Super Tutors in Singapore who make $1 Million a Year

Private tutions is big business in Singapore. The growth of this informal sector is epitomized by the JC Economics, founded by Anthony Fok, one of the best-known faces of Singapore’s
Published on September 8, 2016
By Debdutta Ghosh

Shares Jump as Ackman Buys into Chipotle, says will talk to Management

After the Mexican food chain Chipotle Mexican Grill Inc, the once high-flying company, was battered by food-safety issues, activist investor William Ackman’s hedge fund took a 9.9 percent stake in
Published on September 7, 2016
By Debdutta Ghosh

Microsoft will use its UK Data Centers to Offer a Wide Range of Cloud Services

The enhanced demand for data localization is spreading across Europe and around the world and this has promoted Microsoft Corp to introduce a complete set of cloud services from data
Published on September 7, 2016
By Debdutta Ghosh

$50 Million of Free Flight Demanded from SapceX by Satellite Owner after Florida Blast

After a Spacecom communications satellite was destroyed last week by an explosion at SpaceX’s Florida launch site, Israel’s Space Communication Ltd said on Sunday it could seek $50 million or
Published on September 5, 2016
By Debdutta Ghosh

Room for New Ideas and More Easing in the Economy, says BOJ.s Kuroda

While shrugging off growing market concerns that the Bank of Japan is reaching its limits after an already massive stimulus program, the bankโ€™s Governor Haruhiko Kuroda signaled his readiness to
Published on September 5, 2016
By Debdutta Ghosh

The ‘Golden Age of Growth’ Moves East as the Currency Markets Shrink

The Bank of International Settlements (BIS) noted a tilt away from London towards financial districts in Asia as volumes in global currency markets shrunk in the last three years. The
Published on September 2, 2016
By Debdutta Ghosh

Regulators Warn that Better Defense Against Rates Shocks needed by U.S. Banks

U.S. banks have been prompted to shift their balance sheets in ways that put them at risk if rates suddenly spike, regulators are warning due to years of stubbornly low
Published on September 2, 2016
By Debdutta Ghosh

U.K. PMI Report Downs Brexit Fears, Shows Rebound of Factory Activity in August

Helped by a boost to exports from sterling’s post-Brexit slumpยธ factories recovered from the initial shock of June’s vote to leave the European Union as British manufacturing staged one of
Published on September 1, 2016
By Debdutta Ghosh

Fitch Rating says Global Bond Yield Plunge Forces Investors to Miss put on $500 Billion

The plunging of global bond yields as resulted in a tight squeezing of interest income for investors. However on the other side, he various government, may issuers of these bonds,
Published on September 1, 2016
By Debdutta Ghosh

G20 Watchdog Digs Deeper into Markets and says Bank Rules Working Well

A global watchdog said on Wednesday that the benefits of rules introduced since the 2008 collapse of Lehman Brothers bank can be seen in the financial system’s ability to cope
Published on August 31, 2016
By Debdutta Ghosh

EU Tax Penalty on Apple may hit U.S. Taxpayers, says a โ€˜Concernedโ€™ White House

Since the action by the European Commission of ordering Apple Inc to pay billions in unpaid taxes to Ireland seemed to undermine joint U.S.-EU progress on creating a more fair
Published on August 31, 2016
By Debdutta Ghosh

Brussels Urged by France to Stop TTIP Talks

Amid mounting frustration over Washingtonโ€™s demands, the EU commission has been urged by France to end transatlantic trade talks. Next month, when the 27 EU member states meet to discuss
Published on August 30, 2016
By Debdutta Ghosh

Up to 13 Billion euros in Tax Demanded by EU from Apple to be Paid to Ireland

After ruling that a special scheme to route profits through Ireland was illegal state aid, Apple has been ordered to pay up to 13 billion euros ($14.5 billion) in taxes
Published on August 30, 2016
By Debdutta Ghosh

Bitcoin Exchanges at Greater Threat of Cyber Heist

Almost $70 million worth of the virtual currency was stolen from a bitcoin exchange called Bitfinex earlier this month when hackers penetrated a secure authentication system at the exchange. But
Published on August 29, 2016
By Debdutta Ghosh

After German Vice Chancellor, French Minister Blames us for Trade Talk Failure

The important free trade talks between the U.S. and the European Union teetering on the brink of collapse and the French and German government ministers have blamed the U.S. protectionism
Published on August 29, 2016
By Debdutta Ghosh

Policymakers Plan for ‘Brave New World’ as Fed Nears Rate Hikes

Federal Reserve policymakers are already weighing new tools they may need to fight the next recession but are signaling they could raise U.S. interest rates soon. Fed Chair Janet Yellen
Published on August 28, 2016
By Debdutta Ghosh

Stronger Case for Interest Rate Hike seen by Fed’s Yellen

Leaving the door open for a hike as early as next month, the head of the U.S. central bank and other policymakers said on Friday that the Federal Reserve is
Published on August 27, 2016
By Debdutta Ghosh

Oil industry Strives for Growth after a Period of Survival

After a significant hiatus, multibillion-dollar oil and gas deals are back on the table. Wood Mackenzie Ltd. said that as crudeโ€™s recovery fueled hopes of a steadier market, more than
Published on August 26, 2016
By Debdutta Ghosh

$52 Billion in Stock Rout Lost by Worldโ€™s Biggest Pension Funds

As stocks tumbled and the yen surged, all investment gains since it overhauled its strategy by boosting shares and cutting bonds were wiped out and a $52 billion loss in
Published on August 26, 2016
By Debdutta Ghosh

Federation formed by More than 20 Fintech Hubs to Push for Innovation

In what would be the first attempt to coordinate and globalize web-based innovation transforming the financial industry, financial technology groups from more than 20 cities across the world plan to
Published on August 25, 2016
By Debdutta Ghosh

To Plug $1 Trillion Investment Gap, Central Bankers Eye Public Spending

The U.S. economy needs more public spending to shift into higher gear โ€“ is the message that the Federal Reserve chief and her colleagues have for politicians even as markets
Published on August 25, 2016
By Debdutta Ghosh

Race to Become Asiaโ€™s Most Valued Firm now Limited to Samsung and Tencent

As expectations for robust earnings growth push their share prices to record highs, Tencent Holdings Ltd and Samsung Electronics Co Ltd are racing to be crowned Asia’s most valuable company.
Published on August 24, 2016
By Debdutta Ghosh

Is it Time over for Switzerlandโ€™s Luxury Watch Sales?

Is this the end of the watch industry in Switzerland when it acts as a very reliable source of income revenue generation of re country? Netting in a combined total
Published on August 24, 2016
By Debdutta Ghosh

Samsungโ€™s Third Tizen OS Smartphone to Hit Indian Smartphone Market this Month

The third smartphone powered by Samsung Electronics Co Ltdโ€™s own Tizen mobile operating system would become available in the markets in India next week, the South Korean tech giant said
Published on August 23, 2016
By Debdutta Ghosh

As Key Index Edges Up, Euro-Area Economy Shrugs Off Brexit

With growth showing little sign of being curtailed by fallout from the U.K.โ€™s Brexit vote, the euro-area economy maintained its momentum in August. For a second month in July, a
Published on August 23, 2016
By Debdutta Ghosh

Enterprise to the Space Station Sought to be Brought by NASA

The International Space Station might be ready for business after 15 years of serving as a pure research lab. Taking another, tentative step in U.S. efforts to create a marketplace
Published on August 22, 2016
By Debdutta Ghosh

Reasons for China Building a New Silk Road through Singapore

Teo Siong Seng sees his life as one immersed in the ancient trading networks of Asia gained from his experiences of being the son of a man who journeyed from
Published on August 22, 2016
By Debdutta Ghosh

Brain can be Trained for Trading โ€“ Really!

When a stock market trader decides to put a bet on a stock, does he do that with his gut feeling or rationally evaluate the probabilities that the price will
Published on August 21, 2016
By Debdutta Ghosh

Amid Weak Ticket Sales ‘Major Budget Cuts’ to Hit all Teams Attending Paralympics Games

A venue will close down, facilities will be dismantled and the workforce will be reduced due to the deep budget cuts for the Paralympics which are scheduled to be held
Published on August 21, 2016
By Debdutta Ghosh

Crackdown on โ€˜Robocallโ€™ to be done by AT&T, Apple, Google and Other tech & Communication Firms

A crack down on “robocalls,” automated, prerecorded phone calls that regulators have labeled a “scourge” in the U.S. is to be initiated as more than 30 major technology and communication
Published on August 20, 2016
By Debdutta Ghosh

Brexit Most Likely Triggered by April 2017 by the U.K.: Reports

The best moment to trigger the start of formal talks over the U.K.โ€™s withdrawal from the European Union, according to Prime Minister Theresa Mayโ€™s team is the first part of
Published on August 20, 2016
By Debdutta Ghosh

Business Boom and Lifestyle Changes Result from PokemonGoโ€™s Release in Asia

To overcome the hurdle posed by patchy network signals in their race to capture virtual cartoon characters, Asian fans of smartphone game Pokemon Go are hunting out the best telecom
Published on August 19, 2016
By Debdutta Ghosh

An Epic Economic Meltdown in the Land of Genghis Khan

The Mongolian government faces a crushing debt burden and is having trouble meeting its civil service payroll as it has burned through much of its foreign currency reserves. Very recently,
Published on August 19, 2016
By Debdutta Ghosh

The First Post-Brexit Jobs Data of UK is a Big Surprise

The benefit claimant figures actually fell in the UK following the country’s decision to leave the European Union and this bit of fresh jobs data in the country has managed
Published on August 18, 2016
By Debdutta Ghosh

Spotting Difference in Diamonds Crucial to De Beersโ€™ Reputation

A diamond can be grown in days in a laboratory while one in nature takes billions of years to produce. For De Beers, the holder of a roughly 30 percent
Published on August 18, 2016
By Debdutta Ghosh
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