China's Huawei Posts Fastest Profit Growth in Four Years

China's 4G rollout boosted demand for Huawei's products.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1iRbejA March 31, 2014 at 04:36PM http://ift.tt/eA8V8J

MPs Raise Concerns About New Funding Scheme for BBC World Service

Service is going to be funded by compulsory fees by domestic users, changing from government grants.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1pxrvNg March 31, 2014 at 03:48PM http://ift.tt/eA8V8J

Card Security Firm Trustwave Denies Responsibility in Target Data Breach

Two banks sued Trustwave along with Target for massive data breach at retailer.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1jqjwjb March 31, 2014 at 03:15PM http://ift.tt/eA8V8J

MtGox's Use of Customer Funds Doubted Long Before Collapse

Questions about credibility of MtGox's claims on rise after its bankruptcy filing.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/O84LFz March 31, 2014 at 01:39PM http://ift.tt/eA8V8J

Apple Seeks $2bn Damages from Samsung in Fresh Patent Infringement Lawsuit

Apple intends to bring Google that created Android OS used by Samsung into lawsuit.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1iQHZxc March 31, 2014 at 01:12PM http://ift.tt/eA8V8J

Alibaba Plans 'Online-to-Offline' Business with $692m Investment in Mall Operator Intime

Alibaba invests HK$5.6bn in Chinese department store operator Intime.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1jO3wKw March 31, 2014 at 12:11PM http://ift.tt/eA8V8J

International Credit Firms Approach Argentina for First Time after 2002 Economic Collapse

Ministry of economy says it has received offers from foreign institutions for providing loans to country.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1mnoQE2 March 31, 2014 at 12:05PM http://ift.tt/eA8V8J

Bankrupt MF Global Sues PwC Over 'Professional Malpractice'

MF Global seeks $1bn in damages.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1gMaUUG March 29, 2014 at 02:35PM http://ift.tt/eA8V8J

Bitcoin Fan Eats His Hat 'on Video with Ketchup' to Keep Pledge After Price Goes Below $1,000

'Bitcoins and alcohol don't go well together. Lesson learned', says Reddit user Anndddyyyy.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1pmuiZB March 29, 2014 at 12:44PM http://ift.tt/eA8V8J

Sacked Vatican Bank Head's Lawyers Threaten Lawsuit Over 'Unfair' Dismissal

Case against former Vatican bank head Ettore Gotti Tedeschi shelved after court ruling.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1dCCuTL March 29, 2014 at 11:32AM http://ift.tt/eA8V8J

BMW Bets on Fast Recovering US with $1bn Investment at South Carolina Plant

BMW to build two new X-series vehicles at South Carolina plant.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1h4TTzl March 29, 2014 at 11:15AM http://ift.tt/eA8V8J

Scottish Independence: Government Minister Says 'There Would Be Currency Union'

Parties may agree on currency union eventually, a minister at heart of pro-union campaign told Guardian.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1hkj8lE March 29, 2014 at 10:58AM http://ift.tt/eA8V8J

Indian Court Rules Vedanta Donations to Major Political Parties were Illegal

India's Congress party and Bharatiya Janata party received millions of rupees as donations from Indian companies owned by Vedanta.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1fssk3l March 28, 2014 at 08:01PM http://ift.tt/eA8V8J

Tokyo Court Extends MtGox Investigation Deadline Until 9 May

An investigation into the collapse of MtGox by a court-appointed attorney in Tokyo has been extended until 9 May.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1gIToAJ March 28, 2014 at 04:26PM http://ift.tt/eA8V8J

India's Top Court Names Former Captain Sunil Gavaskar Interim Boss of Cricket Board

Supreme court asked N Srinivasan to step aside over alleged involvement in spot-fixing.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1g6Cw0B March 28, 2014 at 03:45PM http://ift.tt/eA8V8J

Eurozone Yet to Consider Third Bailout Package for Greece

Eurozone is focusing on fast-tracking delayed payments under existing rescue packages, Reuters reported.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/QmDgu0 March 28, 2014 at 03:07PM http://ift.tt/eA8V8J

F1 Shareholders to Receive $332m Dividend for 2013

Dividend payment reflects F1's continuing financial strength and cash generation.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1fr9jOy March 28, 2014 at 02:11PM http://ift.tt/eA8V8J

Lehman Brothers Returns Additional $17.9bn to Creditors

The bank announced its fifth distribution after bankruptcy filing to be made next week.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1ma2Yf0 March 28, 2014 at 01:52PM http://ift.tt/eA8V8J

Dogecoin Founder Blasts Bitcoin's Investors and Exchanges

Biggest challenge that bitcoin faces is investors, according to Dogecoin founder Jackson Palmer.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/P5LVzy March 27, 2014 at 06:34PM http://ift.tt/eA8V8J

Fed Scraps Citi's Share Repurchase and Dividend Plans After Stress Test

Citi was planning to buy back $6.4bn of shares by the beginning of 2015 and increase dividends by 5%.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/P5rO4z March 27, 2014 at 05:23PM http://ift.tt/eA8V8J

KFC China Revamps Menu and Marketing Plan Following Food Safety Scare

KFC announced menu revamp and enhanced marketing strategy in China.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1jPvdy6 March 27, 2014 at 05:02PM http://ift.tt/eA8V8J

Ticket Prices for Lady Gaga's Australia Concert Same as Country's Average Weekly Wage

Higher inflation in Australia is outpacing cost of living increases in biggest developed economies, according to Bloomberg.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1gF6bUF March 27, 2014 at 04:13PM http://ift.tt/eA8V8J

Bank of America Reaches $9.3bn Settlement With US Housing Regulator Over Mortgage Bond Claims

FHFA settlement is expected to reduce bank's first-quarter income by approximately $3.7bn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1hd4SuM March 27, 2014 at 03:11PM http://ift.tt/eA8V8J

Lord Turner: Britain's Property Frenzy will Lead to Another Financial Crisis

Excessive investment in the property sector has increased risk of boom and bust in UK, says Lord Turner.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/QiIWoF March 27, 2014 at 02:34PM http://ift.tt/eA8V8J

Britain and China to Sign Yuan Clearing Deal

Deal will make London first western yuan trading hub.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1gpPYlb March 26, 2014 at 07:23PM http://ift.tt/eA8V8J

Bitcoin Exchange MtGox Hands Over Electronic Records and Other Documents to Police

Company said it is fully cooperating with authorities over probe of its collapse.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1jIw2ce March 26, 2014 at 07:03PM http://ift.tt/eA8V8J

Barclays and China Development Bank Renew Vows on Africa

New agreement expands banks' cooperation in Africa and comes amid Chinese bank's plan to expand internationally.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/P0awFV March 26, 2014 at 06:00PM http://ift.tt/eA8V8J

Moody's: India Less Vulnerable to Global Shocks Due to Lower CAD

India's CAD declined to $4.2bn or 0.9% of GDP for fiscal quarter ended in December.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1jub7hj March 26, 2014 at 05:04PM http://ift.tt/eA8V8J

Kim Jong-un Turns Blind Eye to North Korea's Illegal Property Market

Property transactions are against North Korean laws, but are rapidly increasing in the country.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/Qf3heL March 26, 2014 at 03:58PM http://ift.tt/eA8V8J

Bernie Madoff's Ponzi Scheme Trustee Makes Fresh $349m Claim for Victims

If approved, total payouts will be boosted to about $6bn.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1jtLsFs March 26, 2014 at 02:17PM http://ift.tt/eA8V8J

Candy Crush Maker King Valued at Over $7bn in Wall Street IPO

King priced its IPO at $22.50, the mid-point of its expected range.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1j2bkWc March 26, 2014 at 02:03PM http://ift.tt/eA8V8J

Candy Crush King's Reign Could End After IPO

King Digital's IPO would be closely watched after rival Zynga lost half its value since 2011 trading debut.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1iwtRZZ March 25, 2014 at 05:03PM http://ift.tt/eA8V8J

Malaysia Airlines Flight MH370: Airline Bound to Pay Over $40m in Damages

Under international treaty, Malaysian Airline System is liable to pay as much as $175,000 per passenger even if plane is not located.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1pvsonH March 25, 2014 at 04:22PM http://ift.tt/eA8V8J

California-Based Winelandia Joins Burgeoning Bitcoin Wine Trade

San Francisco's Winelandia is accepting bitcoin as payment option.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1jAOZxr March 25, 2014 at 03:47PM http://ift.tt/eA8V8J

First Bitcoin Swap Agreement Created by US Derivatives Exchange Operator

Terra Group seeking permission from CFTC to trade swaps on regulated exchange.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1h4lS6B March 25, 2014 at 12:46PM http://ift.tt/eA8V8J

Obama to Propose Legislation Ending NSA Bulk Phone Data Collection

NSA may obtain data from phone companies with permission of judge as per new proposal.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1iX95DA March 25, 2014 at 11:57AM http://ift.tt/eA8V8J

Nokia's Dominance in Mobile Phone Patents Suspected to Have Delayed Microsoft Deal

€5.4bn deal is expected to be closed in April.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1gt7l5t March 24, 2014 at 04:45PM http://ift.tt/eA8V8J

South Korea to Buy 40 Lockheed Martin F-35 Jets for $6.8bn

Defence boost comes amid growing tensions with neighbour North Korea.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/Q6MLxi March 24, 2014 at 02:47PM http://ift.tt/eA8V8J

Bitcoin Exchanges Bitstamp and BTC-e Inherit 75% of Trades After MtGox Collapse

MtGox had once hosted 80% of world's bitcoin trades.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1lHTKGB March 17, 2014 at 05:43PM http://ift.tt/eA8V8J

Twitter Prompts China Return Speculation as Boss Dick Costolo Visits Shanghai

Twitter has been banned in China since 2009.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1eKfRHG March 17, 2014 at 05:07PM http://ift.tt/eA8V8J

France's Total Expects Lawsuit Over 2012 North Sea Gas Leak

Britain's Health and Safety Executive and energy ministry submitted reports to Scotland's prosecutors.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fQxeuY March 17, 2014 at 03:31PM http://ift.tt/eA8V8J

Vodafone Buys Spain's Ono for $10bn

Vodafone signed deal to acquire the Spanish cable operator for €7.2bn including about €3.3bn in debt.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1p2PqlD March 17, 2014 at 03:03PM http://ift.tt/eA8V8J

Ecclestone Willing to Sell F1 Stake Along with CVC Exit

Ecclestone is due to face trial over bribery allegations next month in Germany.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/PHIUq3 March 17, 2014 at 02:10PM http://ift.tt/eA8V8J

BBA and 16 Major Banks Sued in US Over Libor Rigging

FDIC says rigging resulted in substantial losses to 38 US banks that failed during 2008 financial crisis



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1cIyS23 March 15, 2014 at 03:30PM http://ift.tt/eA8V8J

Bitcoin Is 'Very Fast Money Order' Without 'Intrinsic Value': Warren Buffett

Buffett asks investors to stay away from bitcoin



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1oWkX8L March 15, 2014 at 02:38PM http://ift.tt/eA8V8J

China's Twitter Sina Weibo Files for $500m US IPO

Weibo had 129.1 million monthly active users in December and generated revenues of $188m in 2013.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fyBE4C March 15, 2014 at 01:04PM http://ift.tt/eA8V8J

UBS Rapped for Trying to Rig Hong Kong Interbank Rates

Investigation also found material weaknesses in UBS's internal controls and governance in Hibor submission.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ezzK4i March 14, 2014 at 06:23PM http://ift.tt/eA8V8J

BP Reaches Deal to Lift Deepwater Ban on US Government Contracts

BP reached agreement with US Environment Protection Agency on various safety requirements.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fE07ub March 14, 2014 at 05:12PM http://ift.tt/eA8V8J

Ukraine Crisis: Crimean Banks Run Out of Cash Ahead of Referendum

Crimeans queuing outside banks to withdraw money amid fears of lawlessness after weekend's referendum.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ghXIAB March 14, 2014 at 04:42PM http://ift.tt/eA8V8J

SAC Capital's Ronald Dennis Fined and Banned for Insider Trading

Dennis agreed to pay more than $203,000 as part of settlement with SEC.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ghBCy7 March 14, 2014 at 02:36PM http://ift.tt/eA8V8J

Former Goldman Sachs Chief's Son Jeffrey Corzine Dead in Apparent Suicide

Jeffrey Corzine is youngest son of Jon Corzine, former co-chairman of Goldman Sachs, MF Global and governor of New Jersey.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1hi18Wt March 14, 2014 at 01:50PM http://ift.tt/eA8V8J

Singapore's Bitcoin Exchanges to Adopt Anti-Money Laundering Regulations

Digital currency exchanges are required to verify identities of customers and report suspicious transactions.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fyHzLU March 13, 2014 at 06:11PM http://ift.tt/eA8V8J

Japan's Panasonic to Pay Pollution Compensation to China Workers

Panasonic is believed to be first company to announce premium to compensate for polluted air.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1nS4Ief March 13, 2014 at 05:03PM http://ift.tt/eA8V8J

Alibaba '95% Certain' about New York Listing

The Financial Times reports that e-commerce giant will not list in Hong Kong.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1iE7WmF March 13, 2014 at 03:59PM http://ift.tt/eA8V8J

'Hired' Triads Arrested Over Stabbing of Outspoken Hong Kong Newspaper Editor

Kevin Lau was attacked last month allegedly due to his journalistic work.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1nRzyn2 March 13, 2014 at 03:26PM http://ift.tt/eA8V8J

Multi-Level Marketing Company Herbalife Probed by US Regulators Over 'Pyramid Scheme'

Investor Bill Ackman argued that Herbalife is operating as illegal pyramid scheme.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/O5gQMi March 13, 2014 at 02:10PM http://ift.tt/eA8V8J

Bitcoin Not a Currency But Promising Payment Solution, States Goldman Sachs

Goldman Sachs says bitcoin's ledger-based technology could hold promise.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1iDLwCa March 13, 2014 at 01:38PM http://ift.tt/eA8V8J

Alibaba and Tencent Launch Online Credit Cards

China's internet firms are looking to enlarge their presence in internet finance sector.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1erwlVa March 12, 2014 at 05:36PM http://ift.tt/eA8V8J

Bitcoin Exchanges to be Regulated by New York's Lawsky

State's financial services department issued public order saying it started accepting applications for digital currency exchanges.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1cQ4gMk March 12, 2014 at 04:44PM http://ift.tt/eA8V8J

Comcast-Time Warner Cable Merger Prompts Broadband Monopoly Attack

Chase Carey, Twenty-First Century Fox chief operating officer, said deal would monopolise broadband sector.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/Ps5FOB March 12, 2014 at 02:50PM http://ift.tt/eA8V8J

OECD: Emerging Markets Drag on Global Growth as Advanced Economies Recover

Emerging economies that now account for more than half the world economy are suffering from capital outflows due to Fed tapering.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/O07EZr March 12, 2014 at 02:10PM http://ift.tt/eA8V8J

CME Gets Regulator's Approval to Open Derivatives Exchange in London

CME will launch CME Europe on 27 April and will list commodity products.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ke9d1a March 11, 2014 at 05:08PM http://ift.tt/eA8V8J

Malaysia Airlines Flight MH370: Backers Call For Biometric Passports to Prevent Threats

Biometric passports and readers can prevent stolen passport holders from breaking laws, says Janice Kephart of SIBA.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ltP33g March 11, 2014 at 04:38PM http://ift.tt/eA8V8J

Rolls-Royce Could be Blacklisted by India Over Contract Commissions

Rolls-Royce last week wrote to India's HAL that it hired middleman and is ready to repay commission to government.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ltP5Io March 11, 2014 at 04:34PM http://ift.tt/eA8V8J

NSA Barred From Destroying Phone Records

Internet privacy and civil liberties group EFF said records may be used as evidence in lawsuits against NSA.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1lR8xSj March 11, 2014 at 01:44PM http://ift.tt/eA8V8J

Legal Actions Halted as Bitcoin Exchange Mt. Gox Receives Bankruptcy Protection in US

A judge in Dallas has granted temporary bankruptcy protection to Mt. Gox but not to its under-fire CEO Mark Karpeles.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/NV4sP1 March 11, 2014 at 01:26PM http://ift.tt/eA8V8J

Dorian Satoshi Nakamoto Receives $28,000 in Donations from Bitcoin Enthusiasts

Dorian Nakamoto was claimed to be father of bitcoin by Newsweek report that he denied later.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1g09PSL March 10, 2014 at 04:10PM http://ift.tt/eA8V8J

Bitcoin Exchange Mt. Gox Hit by 150,000 DDoS Attacks Per Second Before Collapse

During DDoS attacks, hackers take control of computers to send large amount of data to target, resulting in server crash.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1hZLvF8 March 10, 2014 at 03:28PM http://ift.tt/eA8V8J

Mt. Gox Hackers Claim CEO Mark Karpeles Lied About Bitcoin Balance

Hackers release Mt. Gox transaction data on Reddit and personal blog of CEO Mark Karpeles claiming he lied about bitcoin balance.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1isqHcM March 10, 2014 at 01:55PM http://ift.tt/eA8V8J

Wolf of Shenfield Robin Clark Shot as 'Punishment' for Sexually Harassing BGC Trader Danielle Victory

Lee Victory, who was arrested for conspiring to murder Robin Clark, 'punished' the City trader for harassing his daughter.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1i3sDpd March 10, 2014 at 01:40PM http://ift.tt/eA8V8J

Malaysia Airlines Flight MH370: Missing Plane's Owner Suffers Plunge in Shares

Shares in Malaysian Airline System trading at 22.5 Malaysian sen at 10:03am local time, down 8%.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1i3engp March 10, 2014 at 11:53AM http://ift.tt/eA8V8J

Bitcoin: Money Laundering Charges Against Florida Man to Proceed

US judge denies lawyer's claim that Pascal Reid did nothing wrong as bitcoin is not money under Florida law.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1im1GzM March 08, 2014 at 03:08PM http://ift.tt/eA8V8J

China Exports Plunge 18% on Measures to Curb Suspicious Capital Inflows

Following 10.6% rise in January, exports decline by 18.1% in February.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ff0xCo March 08, 2014 at 12:31PM http://ift.tt/eA8V8J

Boeing 787 Dreamliners in Production Hit By Wing Cracks

Boeing maintained production targets for full year 2014.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fS87Tx March 08, 2014 at 12:19PM http://ift.tt/eA8V8J

Elon Musk Ready to Provide Rockets to US Military at Lower Prices

Elon Musk said there should be competition in bids for contracts under Air Force's EELV project.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1nmGIzD March 07, 2014 at 05:57PM http://ift.tt/eA8V8J

Tablet Shipment Growth to Slow Down but Windows to Gain from Commercial Adoption

IDC said total tablet market is forecast to grow 19.4% in 2014, down from 51.6% in 2013.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1owDbgG March 07, 2014 at 04:02PM http://ift.tt/eA8V8J

Twitter Buys Patents Worth $36m from IBM to Avoid Litigation

Twitter has acquired 900 patents from IBM, according to filing with SEC.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1dyiNKu March 07, 2014 at 03:15PM http://ift.tt/eA8V8J

Bitcoin Not a Currency but Transactions are Taxable, States Japan Government

Japan's cabinet banned banks from providing bitcoin to customers as financial product.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1owriaz March 07, 2014 at 02:30PM http://ift.tt/eA8V8J

Knight Frank Wealth Report: London and New York Remain Favourite Cities of Ultra-Rich for Next Decade

The 2014 Wealth Report by Knight Frank said Asian cities will dominate list by 2023.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1otpkI2 March 06, 2014 at 04:30PM http://ift.tt/eA8V8J

Apple Siphoned $8.9bn Profits to Ireland Over Past Decade to Avoid Australian Tax

Apple reported just $88.5m in Australian pre-tax earnings in 2013 but sent $2bn of income to Ireland in same year, according to AFR.



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

Bitcoin Exchange CEO Autumn Radtke Found Dead in Singapore after Suspected Suicide

Radtke was CEO of First Meta that trades in virtual currencies such as bitcoin.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1jTM2Jb March 06, 2014 at 12:21PM http://ift.tt/eA8V8J

Bitcoin Backers Propose Goxcoin to Recover Assets Lost At Mt.Gox

Some bitcoin enthusiasts suggest new bankruptcy system, called Goxcoin, just for Mt.Gox debacle



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1cwojiT March 06, 2014 at 11:53AM http://ift.tt/eA8V8J

Bitcoin Bank Flexcoin Closes After $600,000 Hack Attack

Flexcoin lost 896 bitcoins after hackers exploited flaws in the front end.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/MMNLUw March 05, 2014 at 03:19PM http://ift.tt/eA8V8J

Bitcoin: Japan to Announce New Rules For Digital Currency Business

Japan's cabinet will decide on March 7 how to treat bitcoin under existing laws.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1f5PivP March 05, 2014 at 02:09PM http://ift.tt/eA8V8J

Bitcoin Exchange Mt. Gox to Face London Class Action

UK law firm Selachii will end submissions on March 7 and file suit against exchange's parent and CEO.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/Nuzpt6 March 05, 2014 at 01:15PM http://ift.tt/eA8V8J

Focusing on Reforms, China Keeps Growth Target Unchanged at 7.5%

China targets economic growth to be based on consumption rather than investment



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1mUkXdI March 05, 2014 at 01:11PM http://ift.tt/eA8V8J

Takeaways From Chinese Premier Li Keqiang's Government Work Report

China expects gross domestic product (GDP) growth about 7.5% for 2014.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fGEkwP March 05, 2014 at 12:52PM http://ift.tt/eA8V8J

Australia's Economy Expands Moderately as Mining Sector Slows Down

GDP is expected to come down in 2014 due to low investment in mining



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1f5ypS6 March 05, 2014 at 12:44PM http://ift.tt/eA8V8J

Equipment Installed in Crimea to Tap Lawmakers' Phones: Ukraine Security Services Chief

IP-telephonic attack is under way on mobile phones of members of Ukrainian parliament.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1i2QCmA March 04, 2014 at 05:45PM http://ift.tt/eA8V8J

Ellen DeGeneres' Record Breaking Oscars Selfie Not Marketing Stunt, Says Samsung

DeGeneres' selfie taken using Samsung smartphone was re-tweeted more than three million times.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1omKqI7 March 04, 2014 at 04:39PM http://ift.tt/eA8V8J

Sanofi Fined €28m in Germany as Two Former Employees Convicted of Bribery

Former Sanofi employees had made illicit payments to win more orders between 2007 and 2010.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ku41J4 March 04, 2014 at 03:49PM http://ift.tt/eA8V8J

Bill Gates Tops Forbes Rich List Again With $76bn

Gates reclaimed the title from Mexico's Carlos Slim Helu, according to Forbes.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1f04eMa March 04, 2014 at 02:24PM http://ift.tt/eA8V8J

Japan Not Sure If Crime Involved in Collapse of Bitcoin Exchange Mt Gox

Japanese Finance Minister Taro Aso says government still assessing situation.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/NPtMW8 March 04, 2014 at 12:58PM http://ift.tt/eA8V8J

New York Banking Regulator Proposes BitLicense to Regulate Bitcoin Businesses after Mt Gox Collapse

Benjamin Lawsky of New York's Department of Financial Services says collapse of Mt Gox would strengthen bitcoin.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1ktAcIH March 04, 2014 at 12:10PM http://ift.tt/eA8V8J

Manufacturers Re-Shore Production to UK Amid Quality Concerns

84% of companies see UK's reputation for quality as advantage to being based here, according to EEF survey.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1dfnNUg March 03, 2014 at 04:35PM http://ift.tt/eA8V8J

Russian Rouble Slips to Fresh All-Time Low Despite Central Bank's Rate Hike

Rouble fell 2.5% against the dollar to 36.44 and 1.5% against the euro to 50.21.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1dSG3zs March 03, 2014 at 03:37PM http://ift.tt/eA8V8J

Microsoft EVPs Tony Bates and Tami Reller to Leave as Leadership Shakeup Continues

Bates and Reller are preparing to leave Microsoft, according to Re/Code.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1eUapkE March 03, 2014 at 01:46PM http://ift.tt/eA8V8J

Britain to Scrap Plans to Tax Bitcoin Trading and Margins

HM Revenue & Customs to avoid VAT on bitcoin trading, according to FT.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1oiTXjq March 03, 2014 at 12:47PM http://ift.tt/eA8V8J

Bitcoin Mania Worse Than Dutch Tulip Bubble - Xinhua

Tulip bulbs experienced soaring price levels in 1637 before sudden collapse.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1chWQkQ March 01, 2014 at 04:54PM http://ift.tt/eA8V8J

China Likely to Surpass 2015 Shale Gas Production Targets As Exploration Efforts Gather Pace

State-backed CNPC expects more than 110 wells to be put in operation in resource-rich Sichuan province.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/1fxLJV6 March 01, 2014 at 03:33PM http://ift.tt/eA8V8J

HighKart Becomes India's First Bitcoin-Only Online Store

HighKart.com accepts payments in bitcoins only.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/OMoQCE March 01, 2014 at 02:41PM http://ift.tt/eA8V8J

Torrent Client Integrates Bitcoin Donations As Means to Combat Piracy

Frostwire allowing micro-tipping to content sharers via bitcoin, litecoin, dogecoin and PayPal.



via IBTimes.co.uk : Articles by Jerin Matthew http://ift.tt/NFaP8B March 01, 2014 at 01:28PM http://ift.tt/eA8V8J