Posts From Eric Whitman
The Vietnamese government has weighed in on a $ 658 million alleged cryptocurrency scam in the country, with Deputy Prime Minister Vuong Dinh Hue urging six ministries to “quickly consider and tackle” the issue. The scam apparently entailed fraudulent initial
NEW DELHI/MUMBAI (Reuters) – Google has appealed against a ruling by India’s competition watchdog that found it guilty of “search bias”, while the website that brought the case also challenged the outcome, complaining the online search giant had got off
Premarket: 7 things to know before the bell
The crowd, most of them wearing masks, squinted up at the raft of multicolored balloons floating near the ceiling, trying to make out the silhouettes of the coins suspended inside each one. And then, against the backdrop of Hong Kong’s
Japan has forced two cryptocurrency exchanges to halt trading as it cracks down on an industry that was shaken recently by a $ 530 million cyber heist. The country’s Financial Services Agency on Thursday ordered Bitstation and FSHO to
One stock has been able to steer clear of all the recent market turbulence: Boeing. Shares of the aerospace and defense giant are up more than 20% so far in 2018 — making it the best performer in the
Stock futures are tumbling again
Dow futures fell more than 200 points Friday, capping off a rollercoaster week on Wall Street. “We’ve got a smorgasbord of negativity this morning,” said Ken Odeluga, market analyst with City Index in London. “It’s been pretty nervous all week
WASHINGTON (Reuters) – The Republican-controlled U.S. House of Representatives gave final approval on Wednesday to the biggest overhaul of the U.S. tax code in 30 years, sending a sweeping $ 1.5 trillion tax bill to President Donald Trump for his
Wall Street banks are warning about the dangers of bitcoin futures. The Futures Industry Association, which represents big banks and brokers, has warned U.S. regulators that the risks of trading bitcoin futures contracts have not been properly studied. In an
TOKYO (Reuters) – Bitcoin tumbled more than 12 percent in volatile Asian trading on Friday, dropping below the $ 15,000 level after touching a record high above $ 16,000 earlier in the session. Bitcoin was down 12.6 percent on the
Goldman Sachs. BlackRock. Blackstone. They move markets, influence governments and directly employ tens of thousands of people — indirectly, many more. They’ve had their hands in everything from providing insurance in New Zealand to helping take social-media company Snap Inc.