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Bloomberg.com

Bloomberg is a premier site for updated business news and financial information. It delivers international breaking news, stock market data and personal ...

  • Bitcoin Promoter Gets 2 Years for Silk Road Money Laundering

    Bitcoin Promoter Gets 2 Years for Silk Road Money Laundering

    bloomberg.com 19 Dec '14, 9pm

    Charlie Shrem, the former Bitcoin Foundation Inc. executive who pleaded guilty to charges tied to the illicit online bazaar “Silk Road,” was sentenced to two years in prison by a judge who rejected his bid to remain free and “change the world.” Shrem, 25, a prominent evangelist for th...

  • Blackstone Ready to Wait 5 Years for Singapore Property Recovery

    bloomberg.com 19 Dec '14, 5am

    Blackstone Group LP, which is taking part in the refinancing of luxury Singapore properties, is prepared to wait as long as five years for a turnaround in residential prices to see higher returns on the transaction. Blackstone and Malaysia ’s CIMB Bank Bhd. agreed this week to take pa...

  • Blackstone Ready to Wait 5 Years for Singapore Property Recovery

    bloomberg.com 19 Dec '14, 1am

    Blackstone Group LP, which is taking part in the refinancing of luxury Singapore properties, is prepared to wait as long as five years for a turnaround in residential prices to see higher returns on the transaction. Blackstone and Malaysia ’s CIMB Bank Bhd. agreed this week to take pa...

  • Bitcoin Bears Say Told You So as Digital Currency Falls

    bloomberg.com 15 Dec '14, 2pm

    If you think oil had a rough 2014, consider bitcoin. The digital currency has plunged 54 percent since the beginning of the year. By contrast, Brent crude has fallen 44 percent; the ruble is off some 46 percent against the dollar. Bitcoin’s collapse comes as governments around the wor...

  • Bitcoin Bears Say Told You So

    bloomberg.com 15 Dec '14, 4pm

    If you think oil had a rough 2014, consider bitcoin. The digital currency has plunged 54 percent since the beginning of the year. By contrast, Brent crude has fallen 44 percent; the ruble is off some 46 percent against the dollar. Bitcoin’s collapse comes as governments around the wor...

  • Meet

    Meet the Man Making Japan an Oasis for Bitcoin Startups

    bloomberg.com 03 Dec '14, 4pm

    The man who single-handedly made Japan an oasis for bitcoin entrepreneurs was holding court with political supporters. The price of admission: $83.75. Squeezed into a tiny private room at a Chinese restaurant not far from Tokyo ’s capitol hill, Mineyuki Fukuda was at the head of the t...

  • Warren Buffett's business insurer earns Singapore license in Asia push

    Buffett’s Business Insurer Receives Singapore License -

    bloomberg.com 08 Dec '14, 4am

    Berkshire Hathaway Inc. (BRK/A) ’s specialty business-insurance unit received a license to sell non-life coverage in Singapore as it makes a push into Asia. The carrier will offer commercial property, casualty, financial lines, marine, energy and construction coverage in the nation, a...

  • Billionaire Buying Guide: What to Get the Person Who Truly Can Buy Anything: “It’s The Thought That Counts” - Bloomberg

    bloomberg.com 08 Dec '14, 10am

    Chances are, the amount of billionaire friends on your gift list is limited to two or three, maximum. And honestly, that group of gift recipient falls definitively into the “It’s The Thought That Counts” category. But what if you truly wanted to surprise and delight the most means-hav...

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