Page 22 – FinanceSecond

Trading News

United States and China Make Significant Progress in Bilateral Trade Talk

By Brian Stanley February 8, 2019

Significant progress has been made during the latest round of China-United States trade talks. Business leaders, analysts, and officials said that it could pave the way for a complete solution during the next-step of negotiations. They also conveyed that China has been opening up its economy to the rest of the world and is offering […]Continue Reading

Company News

QuadrigaCX to be sold to Settle Debts

By Adrian Todaro February 7, 2019

As per a recent news correspondence, a lawyer has been appointed by a Nova Scotia’s court in Canada to have access to the encrypted laptop of the deceased CEO, Gerald Cotton of QuadrigaCX, which is a major Canadian crypto exchange. The laptop which is believed to provide access to $190 million of QuadrigaCX customer funds […]Continue Reading

Opinion & Analysis

Kraken’s acquisition of crypto facilities leads the company to a new high

By Norma Stanley February 6, 2019

Kraken is a giant cryptocurrency exchange based out of US and is operating in Canada, the EU, Japan, and the US, and it is the largest Bitcoin exchange in Euro volume and liquidity. Recently, the company made a huge announcement about the acquisition of cryptocurrency facilities. This will restructure the entire company to rank between […]Continue Reading

News

US Agency Seeks Potential Sources for Blockchain Data Analysis

By Adrian Todaro February 5, 2019

US Securities and Exchange Commission has issued a notice in which it is looking for various Blockchain analytics companies to provide blockchain data and its analysis. SEC is looking for a potential blockchain company that can provide blockchain data to encourage its risk monitoring and compliance improvement. Also, SEC expects this blockchain company to inform […]Continue Reading

Company News

Nvidia Generated $1.95 Billion in Revenue from Crypto Mining Sales

By Norma Stanley February 4, 2019

A report published by Markets Insider reveals that Nvidia has earned a whopping $1.95 billion in revenue via its crypto business. However, the official financial statement of the company has claimed a crypto-related revenue of $602 million. RBC analyst, Mitch Steves, told that the actual number is at least three times higher. “We think NVDA […]Continue Reading

Opinion & Analysis

US Supreme Court weighs whether Louisiana abortion law can go into effect

By Adrian Todaro January 31, 2019

Two doctors from Louisiana requested for a stay for the abortion law from the U.S. Supreme Court. They say that the law could cripple the access to abortion in the state. The law requires doctors who are about to perform the abortion to have admitting privileges at a hospital within 30 miles of their clinic, […]Continue Reading

Company News

Chinese Tech Giant Huawei’s Top Executive Charged for Stealing By U.S.A.

By Brian Stanley January 30, 2019

Chinese tech giant Huawei’s chief executive has been charged with criminal charges for stealing trade secrets, misleading banks about its business and violating U.S. sanctions. Huawei entirely denied committing any violation mentioned in the indictment. These charges were announced just before a critical two-day round of trade talks between China and the United Continue Reading

Trading News

China’s Industrial Profits Shrink Second Month In A Row

By Adrian Todaro January 30, 2019

Earnings of China’s industrial firms have gone down further in December. This has placed a lot of pressure on policymakers to support the industries hurt by weak factory activity and slowing prices as a result of the U.S.- Sino trade war. The dipping earnings point to troubled times ahead for China’s huge manufacturing sector which […]Continue Reading

Stocks

UBS’s Ermotti Warns about Global Market Liquidity

By Adrian Todaro January 29, 2019

In the on-going World Economic Forum, there are many insights available for the Global Economy. And as far as the market liquidity is concerned, negating the market assumptions the chief executive of Swiss bank UBS said market activity could freeze up quicker than expected. Last month, the Dow and S&P 500 equity indices were their […]Continue Reading

Company News

Commerce Chief Tells Unpaid Federal Workers to Get Loans

By Norma Stanley January 28, 2019

U.S. Commerce Secretary Wilbur Ross on Thursday advised the furloughed federal workers who would be facing a second missed paycheck to get loans to pay their pending bills. He also added he doesn’t understand why the federal workers have any issue availing loans. Ross, who made a fortune buying distressed companies, said it was disappointing […]Continue Reading

United States and China Make Significant Progress in Bilateral Trade Talk

QuadrigaCX to be sold to Settle Debts

Kraken’s acquisition of crypto facilities leads the company to a new high

US Agency Seeks Potential Sources for Blockchain Data Analysis

Nvidia Generated $1.95 Billion in Revenue from Crypto Mining Sales

US Supreme Court weighs whether Louisiana abortion law can go into effect

Chinese Tech Giant Huawei’s Top Executive Charged for Stealing By U.S.A.

China’s Industrial Profits Shrink Second Month In A Row

UBS’s Ermotti Warns about Global Market Liquidity

Commerce Chief Tells Unpaid Federal Workers to Get Loans

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