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Market News

Location American Market News for 1 March 2014

Almost Half a Billion Dollars of Bitcoins Vanishes

Wall Street Journal - 1 Mar 2014 06:52
Mt. Gox, once the dominant exchange for bitcoin trading, on Friday said more than $470 million of the virtual currency vanished from its digital coffers, kicking into high gear a search for the missing money by victims a...
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Humza Yousaf, Scotland's Minister For External Affairs, has announced that Scotland is willing to offer asylum to Ugandans persecuted under Uganda's latest harsh anti-gay laws, Scottish newspaper The Herald reports. Yous...
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The British police on Friday arrested 110 people in the U.K., the U.S., Spain and Serbia for a "boiler-room" scam of fake shares and other fraudulent schemes worth 15 million pounds ($25 million), news reports said.
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Gold falls on sustained selling, global cues

livemint.com - 1 Mar 2014 12:55
Gold falls on sustained selling, global cues Gold of 99.9 and 99.5% purity fell by Rs200 each to Rs31,100 and Rs30,900 per ten grams, respectively
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BSE's new MF platform to open on 6 March

livemint.com - 1 Mar 2014 09:10
BSE's new MF platform to open on 6 March Your IFA or MF distributor can now buy and sell units on the stock exchange directly
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Investing in Japan: A Long-Term Case

Wall Street Journal - 1 Mar 2014 02:54
The country's economy faces headwinds, but stock prices could benefit over time from further monetary stimulus, modest valuations and earnings growth.
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Chinese state-owned food giant COFCO Corp. is buying a 51 percent stake in Nidera NV, a major grains trader, possibly for better access to major grain-growing regions, as Beijing tries to feed its increasingly wealthy ci...
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