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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 ...

  • Gold Bugs Meet Bitcoin Believers to Supplant the Dollar

    Gold Bugs Meet Bitcoin Believers to Supplant the Dollar

    bloomberg.com 28 Jul '14, 4am

    It’s what you get when you combine bitcoin, one of the world’s newest would-be currencies, and gold, one of the oldest. Add mistrust of centralized authority, a dash of rebelliousness and a dollop of profit motive and you might have the Independence Coin, the first gold-backed crypto-...

  • Singapore’s Keppel Land Makes First Property Investment in U.S. -

    bloomberg.com 29 Jul '14, 1am

    Keppel Land Ltd. (KPLD) , Singapore’s third-biggest developer by value, made its maiden investment in the U.S. with a prime residential development in New York City . The project is valued at about $70 million, the company said in a statement to the Singapore stock exchange. The prope...

  • Singapore Set to Get LNG Cargo From Indonesia for Third Tank

    bloomberg.com 28 Jul '14, 12am

    Singapore LNG Corp., which operates the Asian city-state’s first receiving terminal, is set to get a liquefied natural gas cargo for its third tank delivered today by the vessel Wilpride. “We confirm that the Singapore LNG Terminal will be receiving a cargo of LNG that is not intended...

  • Japan, Israel to Bolster Defense Cooperation as Netanyahu Visits

    bloomberg.com 25 Jul '14, 11am

    Prime Minister Shinzo Abe and Israeli Prime Minister Benjamin Netanyahu will announce an agreement today in Tokyo for the two countries to increase defense cooperation, a foreign ministry official said. The enlarged exchanges could include mutual visits by ministers and senior members...

  • Ex-Goldman Trader’s Bitcoin Exchange to Fill Mt. Gox Void -

    bloomberg.com 22 Jul '14, 8pm

    Yuzo Kano quit Goldman Sachs Group Inc. (GS) twice: once for a rival bank, the second time to open Japan ’s first bitcoin exchange since the collapse of Mt. Gox. When Kano, 38, left his job as a derivatives and convertible bonds trader in December, bitcoin had climbed to a record $1,1...

  • How Does Bitcoin Mining Work?: Video

    bloomberg.com 24 Jul '14, 5am

    July 24 (Bloomberg) –- Bitcoin mining is the complicated process through which new bitcoins are made. So how does it work? Bloomberg and Switch-Video explain. (Source: Bloomberg)

  • Singapore's Central Bank Says Too Early to Ease Property Curbs - Bloomberg

    Singapore’s Central Bank Says Too Early to Ease Property Curbs -

    bloomberg.com 24 Jul '14, 4am

    Monetary Authority of Singapore said it’s too early for the city-state to ease property measures that are helping curb surging residential prices. “Property prices, they remain at elevated levels, although they’ve just started to soften,” Ravi Menon, managing director of the MAS, as t...

  • EU

    EU Banks Must Shun Bitcoin Until Rules in Place, EBA Says

    bloomberg.com 04 Jul '14, 9am

    European Union banks should shun virtual currencies such as Bitcoin until a system of rules to prevent abuses are put in place, according to the bloc’s top banking regulator. The European Banking Authority called on the EU to develop safeguards for trading platforms and start groups t...

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