China Weighs Slowing or Halting Purchases of U.S. Treasuries

January 17, 2018

China added to bond investors’ jitters on Wednesday as traders braced for what they feared could be the end of a three-decade bull market. Senior government officials in Beijing reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, according to people familiar with the matter. The news comes as global debt markets were already selling off amid signs that central banks are starting to step back…

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Global Debt Hits Record $233 Trillion

January 10, 2018

Global debt rose to a record $233 trillion in the third quarter of 2017, more than $16 trillion higher from end-2016, according to an brake on central banks trying to raise interest rates, given worries about the debt servicing capacity of highly indebted firms and government, the IIF analysts wrote. More From this publisher : HERE ; This post was curated using : TrendingTraffic If you like our content help…

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How One Mysterious Startup Is Riding the Bitcoin Wave

January 2, 2018

With hardly a year of operations under its belt and scant results to show for it, UBI Blockchain Internet is riding buzzwords to a stock boom. It’s become one of the most valuable publicly traded companies in the bitcoin universe — second only to LongFin Corp. The stock surged almost 1,000 percent this year, valuing UBI Blockchain at $1.2 billion. Now, the Hong Kong-based company has registered to sell an additional…

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Cold Blast Headed for Europe Won’t Faze a Very Warm 2017

December 4, 2017

Europe’s coldest December for seven years is unlikely to derail what will probably be one of the warmest years on record. In a last chilly blast, the first half of this month will be unusually cold before warming to near normal temperatures, according to eight meteorologists surveyed by Bloomberg. December may still be the coolest since 2010 as high pressure near Iceland and northwest Russia funnels arctic winds south, said…

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Alibaba Singles’ Day Sales Hit $8.6 Billion in First Hour

November 14, 2017

Jack Ma is using this year’s event as a testing ground for his plans to revamp China’s $4 trillion traditional retail sector with technology, an experiment that could help the behemoth gain an edge in China’s saturated retail market. “The work that’s been done in the integration of offline and online, not just in terms of the technology integration, but the data and efficiencies for brands and the consumer through…

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France Is Running Out of Butter for Its Croissants

November 4, 2017

France’s much-loved croissant au beurre has run up against the forces of global markets. Finding butter for the breakfast staple has become a challenge across France. Soaring global demand and falling supplies have boosted butter prices, and with French supermarkets unwilling to pay more for the dairy product, producers are taking their wares across the border. That has left the French, the world’s biggest per-capita consumers of butter, short of…

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