British gas will be changing its decision to increase extra payment for prepaid customers. The top-up accounted for £1 to £5. It caused a strong adverse reaction from customers. Traders say that trading is quiet because it’s a half-term break. Therefore, a lot of people are out. They suppose the liquidity to remain reduced this …
The South Korean technology giant Samsung may become of the biggest drivers of Bitcoin and crypto adoption. The world-famous company is willing to develop the crypto industry. Moreover, it has the capacity to play an important role when it comes to crypto adoption. Several days ago, Samsung unveiled its latest Galaxy smartphones S20, S20+, and …
Samsung May Become One of the Biggest Drivers of Bitcoin Read More »
U.S. carmaker General Motors made the decision to discontinue the iconic Holden brand. On Sunday, the Detroit automaker announced that it would gradually close its sales, design and engineering operation Australia and New Zealand. Moreover, it will discontinue its Holden brand by 2021. Interestingly, the Holden brand dates back to the 19th century. Moreover, General …
The Japanese yen dropped against the dollar due to the release of new data. It stated that the Japanese economy lowered by 6.3% in the fourth quarter. Analysts expected a 3.7% drop, but not so much as the data showed. It seems the yen’s recent rallies as a safe-haven asset weren’t enough to boost the …
Japanese yen fell against the U.S. dollar. What about euro? Read More »
For the third consecutive year, Australian forex broker AETOS Capital Group announced a renewal on its partnership with Sydney FC. The agreement allows the broker to remain as the football club’s Principal Partner. The broker’s logo will be on the club’s home and away kits during the FC Champions League 2020 tournament. The first match …
People recognize places based on their geopolitical opinions, and Google Maps found a way to provide it. The search giant recently upgraded its software to display political borders differently, depending on where a viewer is. While India and Pakistan battle for Kashmir, Indians view it as part of India. Outside the country’s borders, the region …
Ongoing coronavirus outbreak caused many problems for the second-largest economy in the world. The virus outbreak continues to affect the stock markets. Chinese authorities are trying to stabilize the situation. The country is planning targeted tax cuts. Furthermore, the Ministry of Finance made the decision to spend 8 billion yuan. The government will allocate the …
At first glance, it is hard to connect mining companies with the crypto industry. However, that’s exactly what happened in the Russian Federation. Moreover, the Central Bank of Russia (CBR) is also involved in this project. Nornickel is one of the largest mining companies in the world. Last year, the company developed the platform to …
Russia’s Central Bank, Mining Company and Crypto Industry Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDCAD The pair still treads the lower portion of the daily charts, with the Canadian dollar still dominating its Australian counterpart. Both the 200-day and 50-day moving average are going down, indicating the prevailing …
Daily Market Charts and Analysis February 18, 2020 Read More »
Coronavirus outbreak created various problems for economies around the world. For example, the world’s second and third-largest economies are in Asia. In this situation, it is not surprising that the ongoing coronavirus outbreak had a huge impact on the stock markets. On Monday, Asia Pacific markets traded mixed as investors are closely monitoring the situation …
Stock Markets in Asia Pacific Region and Economic Impact Read More »
The New Zealand Dollar declined on Friday due to the investors’ risk-off tactic. Experts and traders continue to monitor coronavirus’s outbreak closely. So far, the death rate is growing, which, on the other hand, prompts investors to move on safe-haven currencies. As China is New Zealand’s major trading partner, such a situation influences New Zealand’s …
New Zealand Dollar fell against U.S. dollar. Euro stays low Read More »
Nornickel is one of the largest mining companies in the world. It operates not only in Russia but in southern Africa and western Australia among other countries. Russia’s some of the wealthiest people, such as Vladimir Potanin and Roman Abramovich, as well as Oleg Deripaska, are the main owners of this company. On February 17, …
Russian Company Nornickel and Tokenization Trial Read More »
Facebook’s CEO Mark Zuckerberg has been agreeing on social media regulation for a long time. This year on the Munich Security Conference (MSC), he brought it up again with statements nearing the US Presidential Election. Although Facebook should have regulation for harmful content, he said it shouldn’t be fully accountable for everything in it. He …
Facebook’s CEO on Efforts for the US Presidential Election Read More »
The world’s third-largest economy is struggling to deal with problems. On Monday, the government released the information connected with Japan’s economy. According to the data, the country’s gross domestic product (GDP) fell by an annualized 6.3% in the October-December period. This result surpassed expectations. Moreover, there is a risk that the local economy will suffer …
Japan’s GDP Fell to the Lowest Level in Almost Six Years Read More »
To provide more accurate weather and climate forecasts, the British government will invest 1.2 billion pounds (1.6 billion dollars) in the world’s most powerful supercomputer. Supercomputers play a significant role in computer science. They are useful for a wide range of intensive tasks, such as weather forecasting, climate research, quantum mechanics, molecular modeling, oil and …
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