Japan's Finance Minister Taro Aso Says he Thought Bitcoin 'Won't Last Long'

Japan might take action to address issues related to bitcoin exchange MtGox's collapse, Taro Aso said.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1hYxr1P February 28, 2014 at 04:23PM http://ift.tt/eA8V8J

GfK/NOP Index: UK Consumer Confidence Remains at Six-Year High

GfK/NOP consumer confidence index stayed unchanged at -7 in February.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/NaPP9I February 28, 2014 at 03:40PM http://ift.tt/eA8V8J

Sony Music UK CEO Nick Gatfield Resigns

One Direction label head's surprise exit comes after contract negotiations with chiefs of company's American parent.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1kfqObD February 28, 2014 at 03:10PM http://ift.tt/eA8V8J

Asia Nexgen Opens Hong Kong's First Bitcoin Shop

Bitcoin exchange opened retail outlet in Hong Kong's Sai Ying Pun.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1mLd1YP February 28, 2014 at 02:22PM http://ift.tt/eA8V8J

Pascal Reid and Michell Abner Espinoza Bitcoin Trial: 'Money Laundering Using Bitcoin Not Crime'

Lawyers of Florida men charged with money laundering say state law covers only regulated currencies.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1eE6RTD February 28, 2014 at 01:33PM http://ift.tt/eA8V8J

Bitcoin Transaction Fees to Be Cut Tenfold

Reduction could encourage more merchants to adopt digital currency for payments.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1mKNj6w February 28, 2014 at 12:08PM http://ift.tt/eA8V8J

Tour Operator TUI Deutschland Halts Trips to Crisis-Hit Egypt's Sharm el-Sheikh Resort

Move follows government warning against people going to Sinai Peninsula.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ezDq5d February 27, 2014 at 06:05PM http://ift.tt/eA8V8J

Gulf of Mexico Oil Spill: BP Fails to Halt Compensation Payments to Fishermen

BP claimed $2.3bn compensation amount was inflated, as many claimants are not real.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1eoEuxo February 27, 2014 at 04:15PM http://ift.tt/eA8V8J

Japan's Finance Minister Jiro Aichi Mulls Response to Mt. Gox Meltdown

Website of Mt. Gox bitcoin exchange went offline earlier in major blow to digital currency.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1eyXOU1 February 27, 2014 at 03:35PM http://ift.tt/eA8V8J

Ryanair to Offer €10 Flights to New York and Boston

Ryanair also plans $10 flights from US to European cities.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fKn4eK February 27, 2014 at 02:11PM http://ift.tt/eA8V8J

Bitcoin Mt. Gox Meltdown: Bitcoin Foundation Aids US Prosecutors' Probe

Shattered bitcoin exchange Mt. Gox is facing probes from US and Japanese authorities.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/OFurdU February 27, 2014 at 01:42PM http://ift.tt/eA8V8J

Britain to Ease Rules for International Banks to Promote London as Major Yuan Hub

International headquartered banks can either operate in the country as subsidiaries or branches, according to PRA.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/OC45cx February 26, 2014 at 05:55PM http://ift.tt/eA8V8J

No International Talks Underway Yet for Ukraine Bailout Package, States Russia

All talks over financial aid to Ukraine are at national level, according to Russian Deputy Finance Minister Sergei Storchak.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1kfs2QZ February 26, 2014 at 04:44PM http://ift.tt/eA8V8J

Britain's SFO Probes £3m Alleged Bribery at Delhi Metro Rail Project

SFO sent letter to India's Central Bureau of Investigation, asking details about person based in Mumbai.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fFWB1K February 26, 2014 at 02:43PM http://ift.tt/eA8V8J

Big Banks Including JPMorgan and Goldman Sachs to Stop Analyst Surveys

18 companies agreed to avoid surveys as part of New York's combat against traders' early access to market-moving data.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1evnm4g February 26, 2014 at 02:31PM http://ift.tt/eA8V8J

Bitcoin Bounces Back 10% as Industry Rounds on Mt. Gox

Earlier, website of Tokyo-based bitcoin exchange Mt. Gox went offline in major blow to bitcoin.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1hex68g February 26, 2014 at 02:22PM http://ift.tt/eA8V8J

China's Twitter Sina Weibo Reports Surge in Profit Despite Government Crackdown on Users

Government crackdown on people spreading false rumours resulted in steep decline in number of Weibo users.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1dsX0Am February 25, 2014 at 04:20PM http://ift.tt/eA8V8J

Risk in US Bonds Declines by Half as Economy Improves

Cost to protect US debt against non-payment was 26.5 basis points as of now, falling from 46 basis points in October.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1h9r0WG February 25, 2014 at 03:10PM http://ift.tt/eA8V8J

China Allows Slide in Yuan Ahead of Possible Widening in Trading Band

Yuan down for six consecutive days as China's central bank looks to curb short-term speculation.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1k82bu5 February 25, 2014 at 01:49PM http://ift.tt/eA8V8J

Bitcoin Prices Plunge as Mt. Gox Goes Offline Raising Insolvency Concerns

Mt. Gox putatively insolvent after it lost more than 744,000 bitcoins in theft that had gone unnoticed for years.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fAG6nH February 25, 2014 at 01:18PM http://ift.tt/eA8V8J

Campaigners Urge Retailers to Pay into $40m Rana Plaza Disaster Fund Ahead of Anniversary

Lobbying group CCC called on major international brands Benetton, KiK and Children's Place to pay into fund.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1k3gKPM February 24, 2014 at 05:34PM http://ift.tt/eA8V8J

Chinese Banks Besieged by Internet Giants' New Investment Products

High yielding online funds from Alibaba, Tencent and Baidu are threatening deposits at banks.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1levizt February 24, 2014 at 04:40PM http://ift.tt/eA8V8J

George Soros Plans to Invest in Cash-Strapped European Banks

Soros said in interview with German weekly Der Spiegel that he believes in euro.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fgMNqp February 24, 2014 at 03:17PM http://ift.tt/eA8V8J

EU Ready to Shell Out €20bn For Ukraine Reforms

European Parliament Foreign Affairs Committee President Elmar Brok said EU will support Ukraine's reforms.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1cfuCS1 February 24, 2014 at 02:27PM http://ift.tt/eA8V8J

Sydney G20 Meeting Communiqué: Full Text

Sydney meeting of G20 finance ministers and central bank governors targets increase in global growth by 2% over five years.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1k2wDWs February 24, 2014 at 01:50PM http://ift.tt/eA8V8J

G20 Expects to Add $2tn and Millions of Jobs to Global Economy

Group plans concrete action including increased investment to achieve target.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1bDofgj February 24, 2014 at 01:27PM http://ift.tt/eA8V8J

Apple Releases Fix for iPhone and other Devices after Discovering Major Security Flaw

Security flaw could allow hackers to intercept email and other communications.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1gpZ8v0 February 22, 2014 at 02:31PM http://ift.tt/eA8V8J

Harvard University Student Caught Abusing 14,000-Core Supercomputer to Mine Dogecoins

Student banned from accessing Ivy League school's research computing facilities



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1nVhTct February 22, 2014 at 02:21PM http://ift.tt/eA8V8J

Chinese New Year Along With Litecoin Mining Contributed to AMD Graphics Card Scarcity

Increased litecoin mining based on GPUs increased demand and prices for graphics cards.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1h8ex51 February 22, 2014 at 12:48PM http://ift.tt/eA8V8J

Repsol to Ink $5.5bn Settlement With Argentina Over YPF Nationalisation

Repsol had majority stake in YPF that was nationalised by Argentina.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1jPZXj1 February 21, 2014 at 05:18PM http://ift.tt/eA8V8J

Global Stocks Gain as Emerging Markets Sell Off Eases

Outflows from emerging market bond and equity funds declined to just under $3bn last week.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1gQtxEV February 21, 2014 at 04:43PM http://ift.tt/eA8V8J

IMF Warns India Against Global Currency Market Volatility Due to Continued Fed Tapering

Principal risk facing India is inward spill-over from global financial market volatility, according to IMF.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/OhNo6d February 21, 2014 at 03:22PM http://ift.tt/eA8V8J

Sydney G20 Meeting Urged to Discuss Fresh Global Growth Strategies

Australian Treasurer Joe Hockey said global economy is not out of woods yet.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1l4hVSm February 21, 2014 at 01:51PM http://ift.tt/eA8V8J

Google Goes Back to Debt Market After 3-Year Gap

Google is raising $1bn to refinance debt maturing in May.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1oZmsWk February 21, 2014 at 12:59PM http://ift.tt/eA8V8J

Bitcoin Value Plunges Below $100 on Mt. Gox as Exchange Halts Withdrawals Further

Mt. Gox said it experienced some security problems in addition to technical issue.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1gPz8eF February 21, 2014 at 12:28PM http://ift.tt/eA8V8J

Amazon Expands its Own Digital Currency to Android Devices Taking Cues from Bitcoin

Amazon Coins had been available only on Kindle Fire tablets.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1d3YX6a February 20, 2014 at 06:16PM http://ift.tt/eA8V8J

UK Fracking Industry Stunted by Six-Month Permit Lag

Waiting period to get drilling license in UK is six months, compared to seven days in Texas.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1d3zGsP February 20, 2014 at 04:10PM http://ift.tt/eA8V8J

China Offers to Invest $300bn in India's Infrastructure Projects

India planned $1tn of infrastructure projects over five years ending in 2017.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/NdovaA February 20, 2014 at 03:12PM http://ift.tt/eA8V8J

Tepco Discovers Massive Radioactive Water Leak at Fukushima Daiichi Nuclear Plant

Estimated 100 metric tonnes of radioactive water has leaked from water tank at Fukushima Daiichi plant.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1eVtkLI February 20, 2014 at 01:38PM http://ift.tt/eA8V8J

eBay Building Digital Wallet to Integrate Multiple Currencies into PayPal

eBay CEO John Donahoe said digital currencies are not posing threat to his business.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/N9sXao February 19, 2014 at 05:35PM http://ift.tt/eA8V8J

RBS Offloads Derivatives Division to BNP Paribas

RBS is selling some structured retail investor products and equity derivatives businesses to BNP Paribas.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/Mz7CXT February 19, 2014 at 05:00PM http://ift.tt/eA8V8J

Britain Overtakes Germany as Largest European Market for Ferrari

UK purchased 677 Ferrari sports cars in 2013, compared to 652 sold in Germany.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1jb7mJQ February 19, 2014 at 04:16PM http://ift.tt/eA8V8J

Scottish Independence: UK Allows Scotland to Issue Own Bonds

UK's move represents its message that Scots can enjoy some benefits of independence while remaining part of UK.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1oQJu1N February 19, 2014 at 02:24PM http://ift.tt/eA8V8J

Generic Drugmaker Actavis Agrees to Acquire Forest Laboratories for $25bn

Revenues of combined firm expected at more than $15bn for 2015.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ePVNmh February 19, 2014 at 01:38PM http://ift.tt/eA8V8J

US to Get First Bitcoin ATMs in Seattle and Austin

Robocoin is installing new bitcoin ATMs in US, after launching in Canada.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1gQ5wxf February 18, 2014 at 02:56PM http://ift.tt/eA8V8J

India's Gold Market Remains Robust as Unofficial Sources Ensure Ample Supply

India's total gold demand remained strong at 974.8 tonnes in 2013, third highest annual volume, according to World Gold Council.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/N57f7q February 18, 2014 at 01:36PM http://ift.tt/eA8V8J

US Hedge Fund Acquires Lloyds Debt For Controlling Stake in Care Homes Operator

Anchorage Capital Group acquires £80m of debt from Lloyds to take controlling stake in NCC.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1e2Uwbr February 18, 2014 at 12:19PM http://ift.tt/eA8V8J

Mt Gox to Resume Bitcoin Withdrawals Soon

Japanese cryptocurrency exchange finds solution to transaction malleability issue.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1jzuKjW February 18, 2014 at 11:29AM http://ift.tt/eA8V8J

India Sees Economic Recovery With Range of Tax Cuts

Growth expected at 5.2% in second half of 2013/14, compared to 4.6% in first half.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1cPhHpZ February 17, 2014 at 02:35PM http://ift.tt/eA8V8J

Japanese Supplier of Digital Displays to Apple Prepares for $4bn IPO

Japan Display Inc formed by combining digital display businesses of Sony, Toshiba and Hitachi.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/MrkP4S February 17, 2014 at 01:06PM http://ift.tt/eA8V8J

Singapore's ItBit Capitalises on Transaction Malleability Issue at Other Bitcoin Exchanges

ItBit offering fee credit to new customers as it looks to expand customer-base.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1gLn6lV February 17, 2014 at 11:31AM http://ift.tt/eA8V8J

Thailand's Economic Growth Pulled Down by Continued Political Unrest

Fourth-quarter growth rate down at 0.6% on year compared to previous quarter's 2.7%.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1f9a69V February 17, 2014 at 10:35AM http://ift.tt/eA8V8J

Mt Gox Halts Bitcoin Transfers to Implement Short-Term Fix to Transaction Malleability Issue

Bitcoin exchange announces downtime affecting bitcoin deposits and internal bitcoin transfers.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1jlo7BG February 15, 2014 at 05:00PM http://ift.tt/eA8V8J

Increased Demand from Litecoin Miners Boosts AMD Graphics Card Prices

Graphic cards based on R9 290X graphics processing unit are now priced at about $900, compared with $549 four months before.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1dSfMAy February 15, 2014 at 02:03PM http://ift.tt/eA8V8J

Valentine's Day Spending Highest in US at $18.6bn

Americans spend $9.67bn on meals, $2.89bn on candy and $2.35bn on romantic getaways, according to Statista.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1dSccpW February 15, 2014 at 01:39PM http://ift.tt/eA8V8J

China: Rising Bad Loans at Banks Threaten Growth

Banks' non-performing loans increased to 592.1bn yuan at 2013 fourth-quarter end.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1c5wboH February 14, 2014 at 04:59PM http://ift.tt/eA8V8J

China's Shadow Banking Concerns Mount as Six Trusts Face Default

Six Chinese trust companies lent more than 5bn yuan to troubled coal firm Shanxi Liansheng Energy.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1cCqDig February 14, 2014 at 02:16PM http://ift.tt/eA8V8J

FCA to Shake Up UK's Pension Annuity Market

Consumers with the smallest pension pots end up with least options, says watchdog.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1cCk8Mi February 14, 2014 at 01:45PM http://ift.tt/eA8V8J

Bitcoin Rate Plunges to $400 After Silk Road 2 Hacking

Silk Road 2 hacked using transaction malleability exploit and 4474.26 bitcoins stolen.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1bubxAH February 14, 2014 at 12:29PM http://ift.tt/eA8V8J

Africa's Largest Bank Tests Bitcoin Integration System

System was developed by Singapore-based Switchless.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1gaAxfI February 13, 2014 at 05:40PM http://ift.tt/eA8V8J

China and Sri Lanka Likely to Sign Free-Trade Pact By End 2014

Foreign Minister Gamini Lakshman Peiris visited China to discuss agreement that would boost their bilateral ties.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1mbult0 February 13, 2014 at 03:02PM http://ift.tt/eA8V8J

Cosmetics Seller Avon in Talks to Settle Bribery Probe in China and Other Countries

Company may strike deferred-prosecution agreement, according to reports.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1j8CxVF February 13, 2014 at 02:04PM http://ift.tt/eA8V8J

Comcast And Time Warner Cable in $45.2bn Mammoth Deal

Combined entity would represent almost three-quarters of US cable industry.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1gxgUww February 13, 2014 at 01:02PM http://ift.tt/eA8V8J

China Discovers Major Shale Gas Block in Guizhou

Dingye-2HF has maximum daily output of 105,000 cubic metres and average daily output of 43,000 cubic metres.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1eqlEkk February 12, 2014 at 04:38PM http://ift.tt/eA8V8J

IBM's Rometty Rebuilds Trust in China After NSA Scandal

Ginni Rometty will meet government leaders to restore trust in its services.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1j2dqUg February 12, 2014 at 03:44PM http://ift.tt/eA8V8J

Toyota Recalls 1.9 Million Prius Cars Worldwide Due to Software Glitch

Recall includes 31,000 cars in UK.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1gsC3b8 February 12, 2014 at 01:59PM http://ift.tt/eA8V8J

Goldman Sachs Strengthens Management Committee with Five Additions

Bank promoted five top executives to management committee, its largest addition since 2008.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1bVhJzE February 12, 2014 at 01:52PM http://ift.tt/eA8V8J

Illegal Gold Exports From Peru to Decline due to Government Crackdown

Nearly 25% of Peru's gold shipments were likely from companies that acquire ore from illegal sources.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1j1oYqT February 12, 2014 at 12:28PM http://ift.tt/eA8V8J

China Set to Overtake India as Largest Consumer of Gold

China's gold consumption rose 41.4% on year to 1,176.4 tonnes in 2013, according to China Gold Association.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1eMRXA4 February 11, 2014 at 04:35PM http://ift.tt/eA8V8J

Panama Canal Dispute: President Martinelli Blames Former Administrator who Blames Building Contractors

Completion of project delayed due to dispute between authority and contractors.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1kxQWy2 February 11, 2014 at 02:32PM http://ift.tt/eA8V8J

Emerging Nations in Better Position to Weather Capital Outflows: Goldman Sachs CEO Blankfein

Emerging markets have better reserves and flexible exchange rates, says Blankfein.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1m0CjoS February 11, 2014 at 01:51PM http://ift.tt/eA8V8J

UK Retail Sales Grow By Fastest Pace Since March 2010 on Housing Recovery

Total retail sales increased by 5.4% on year in January, compared to 1.8% increase in December, according to BRC.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ltBaSQ February 11, 2014 at 01:45PM http://ift.tt/eA8V8J

Toyota Announces Exit from Australia Putting Tens of Thousands of Jobs at Risk

Toyota said it would end its Australian manufacturing operations by the end of 2017.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1bMTO5j February 10, 2014 at 03:42PM http://ift.tt/eA8V8J

China's Anti-Corruption Measures Drag Down Catering Sector Growth to 21-Year Low

New government led by Xi Jinping initiated widespread anti-corruption measures in China to restore Communist Party's credibility.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1iPxl8X February 10, 2014 at 02:20PM http://ift.tt/eA8V8J

Men Charged for Bitcoin Money Laundering Scheme in Florida

Pascal Reid and Michel Abner Espinoza from Miami were arrested for using bitcoin for money laundering.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1iPlmIF February 10, 2014 at 01:19PM http://ift.tt/eA8V8J

Bitcoins Used to Pay For Illicit Drugs in Sweden

Swedish paper reports bitcoins used by drug dealers in at least six deals.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1lnipAz February 10, 2014 at 11:51AM http://ift.tt/eA8V8J

NSA Phone Metadata Collection Declines on Rapid Mobile User Growth

NSA collecting less than 30% of Americans' call records following surge in mobile usage.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1aGqnDu February 08, 2014 at 04:01PM http://ift.tt/eA8V8J

Bitcoin Prices Remain Down Amid Russian Ban and Warnings from Cyprus

Russia banned bitcoin and Cyprus warned consumers about its risks.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1eAtU7r February 08, 2014 at 12:51PM http://ift.tt/eA8V8J

Bitcoin Hardware Start-Up Offers Bitcoin-Denominated Shares

Bitcoin Kinetics lists 10 billion shares of common stock on crowd funding platform Cryptostocks.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fHy6yC February 08, 2014 at 11:30AM http://ift.tt/eA8V8J

Russia Blows $51bn on Sochi Winter Olympics as Costs Spiral

Vast majority of Olympics projects came in monstrously over budget, research says.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1g0Y9mf February 07, 2014 at 04:16PM http://ift.tt/eA8V8J

Blockchain Ban Could Prompt Bitcoin Fans to Switch from iOS to Android

Unlike Apple store, Google's play store allows large number of bitcoin applications.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1g0C33l February 07, 2014 at 02:36PM http://ift.tt/eA8V8J

Apple Bets on Itself with $14bn Share Buyback Since Results

Apple bought back $40bn worth of shares in last 12 months.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1g9jVD4 February 07, 2014 at 02:24PM http://ift.tt/eA8V8J

Google Bought $750m Worth Shares in Lenovo Ahead of Motorola Deal

In January, Google bought 5.94% stake in Lenovo at $1.23 per share.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1g9diRd February 07, 2014 at 01:45PM http://ift.tt/eA8V8J

Indonesia Bans Virtual Currencies Like Bitcoin

Bank Indonesia said bitcoin and other virtual currencies are not legal payment instruments.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1kYvvUK February 06, 2014 at 04:14PM http://ift.tt/eA8V8J

Switzerland Likely to Keep Franc Cap Due to Emerging Markets Turmoil

Franc's safe-haven status is expected to lift its price further.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ivaKP0 February 06, 2014 at 03:56PM http://ift.tt/eA8V8J

Turkey Passes Controversial Bill to Tighten Internet Censorship

Critics say bill is against people's freedom of speech and right of access to information.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1e5noiK February 06, 2014 at 02:41PM http://ift.tt/eA8V8J

Google Appoints Susan Wojcicki as YouTube Head

Google targets to generate more ad revenues from its video service.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1awPB7d February 06, 2014 at 01:13PM http://ift.tt/eA8V8J

Apple Drops Last Bitcoin Wallet App from Store

Bitcoin wallet app Blockchain removed from Apple devices due to 'unresolved issue'.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1awoLMB February 06, 2014 at 11:11AM http://ift.tt/eA8V8J

Vince Cable Calls for UK Businesses to Crack Down on Cyber Attacks

Cyber attacks are serious and growing threat to British businesses, according to Cable.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1g1pZxw February 05, 2014 at 06:12PM http://ift.tt/eA8V8J

Sony Considers Exit from Overseas PC Market After Vaio Sale

Sony is reportedly in talks to sell its PC business to Japanese investor group.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1nSJApd February 05, 2014 at 05:28PM http://ift.tt/eA8V8J

Increased Online Attacks Force US Retailers to Spend More on Cyber Security

Spending by US retailers in 2014 for security is expected to be $720.3m up 5.7% from last year, according to IDC Retail Insights.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/N0Yhc0 February 05, 2014 at 02:39PM http://ift.tt/eA8V8J

Silk Road Indictment: Operator Ross Ulbricht Faces Charges Leading to Life Term

Ulbricht was arrested for running Silk Road, a website that sells illegal drugs with bitcoin payment option.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1kR8QcT February 05, 2014 at 01:43PM http://ift.tt/eA8V8J

UK Shop Prices Fall at Fastest Pace in Seven Years on Deeper Discounts

Shop price inflation accelerated to 1% in January from 0.8% in December, according to the BRC.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1cTmeeI February 05, 2014 at 12:48PM http://ift.tt/eA8V8J

Dogecoin Circulation to Grow by Five Billion Annually

Most digital currencies including bitcoin are designed to be deflationary.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fJX6H6 February 04, 2014 at 03:41PM http://ift.tt/eA8V8J

UK Retailers' Exports Rise as Foreign Shoppers Flock to E-Commerce Sites

Increased investment in cross-device experiences helped generate more foreign orders for UK retailers.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1k6zUHe February 04, 2014 at 01:53PM http://ift.tt/eA8V8J

Lenovo Shares Plunge Amid Sony Vaio Takeover Report

Shares fell as much as 15% in Hong Kong.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fVSbSj February 04, 2014 at 01:24PM http://ift.tt/eA8V8J

US Politicians Set to Restart Debate on Debt-Ceiling Increase

US treasury secretary Jack Lew warned country would be unable to meet obligations by end-February.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1bpzlmI February 04, 2014 at 12:03PM http://ift.tt/eA8V8J

Tampa Man Arrested for Importing Illegal Drug From China Using Bitcoin

Regulators worry that criminals are making use of new technologies like bitcoin to avoid law enforcement.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1dXLaxk February 03, 2014 at 04:12PM http://ift.tt/eA8V8J

Bank of America's $8.5bn Mortgage Bond Settlement Partially Approved

Investors will still be able to pursue loan modification claims under new judgement.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ejZ1ny February 03, 2014 at 03:13PM http://ift.tt/eA8V8J

Porsche Board Members from Founding Family Face €1.8bn Lawsuit

Seven hedge funds sued chairman Wolfgang Porsche and his cousin Ferdinand Piech, both grandsons of founder Ferdinand Porsche.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1j58txi February 03, 2014 at 02:07PM http://ift.tt/eA8V8J

China's Service Sector Growth Eases in Continuing Woes for Emerging Markets

US Fed tapering and slower growth in China to result in increased capital outflow from emerging markets.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1gFwN8z February 03, 2014 at 12:14PM http://ift.tt/eA8V8J

Bitcoin Could Turn into Ponzi Scheme: Estonian Central Bank

Estonian central bank urges consumers to avoid digital currency.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ij8sTu February 01, 2014 at 04:38PM http://ift.tt/eA8V8J

Sony Denies Talks with Lenovo For PC JV to Sell Vaio Business

Japanese broadcaster NHK reported companies in talks for JV in PC business.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1cFWzWW February 01, 2014 at 03:30PM http://ift.tt/eA8V8J

India's Rajasthan State Bars FDI in Multi-Brand Retail in Setback to Tesco and Wal-Mart

Earlier, capital state New Delhi had barred foreign retail players.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/MIiaEo February 01, 2014 at 02:28PM http://ift.tt/eA8V8J

Guardian Releases Footage of Editors Destroying Edward Snowden Hard Drives

Newspaper destroyed its copy of leaked material in July under pressure from Cameron government.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fHka88 February 01, 2014 at 01:24PM http://ift.tt/eA8V8J