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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 Startup Buttercoin Draws Wedbush as Investor

    bloomberg.com 18 Nov '14, 1pm

    (Corrects third paragraph to remove reference to when fundraising round will close.) Wedbush Securities Inc., the Los Angeles-based financial-services firm founded in 1955 by friends fresh out of college, took a stake in bitcoin venture Buttercoin and is using the platform to buy and ...

  • Bitcoin Auction Winner Draper to Bid Again in December via @BloombergNews

    Bitcoin Auction Winner Draper to Bid Again in December

    bloomberg.com 18 Nov '14, 5pm

    Venture capitalist Tim Draper, the sole winner in a June auction of about 30,000 bitcoins, said he plans to bid again when the U.S. government sells an even bigger cache of the virtual currency next month. “I am a big believer in bitcoin, and I believe it to be one of the most importa...

  • Singapore Condo Drop Makes City Carry-Trade Source: Asean Credit

    bloomberg.com 14 Nov '14, 3am

    “The combination of low implied volatility and and low yield renders the Singapore dollar the most efficient funding currency for high-yielding Asian currencies,” Sue Trinh , a senior currency strategist at Royal Bank of Canada in Hong Kong , wrote in a Nov. 7 research report. “We see...

  • Singapore to Face Fire Sales With Home Curbs, Developer Says

    bloomberg.com 13 Nov '14, 3am

    Singapore’s housing market may face “fire sales” with mortgage defaults as the government’s property curbs hurt home sales and prices, the city-state’s second-biggest developer said. City Developments Ltd. (CIT) , which built luxury condominiums such as St. Regis Residences near the O...

  • Singapore Condo Drop Makes City Carry-Trade Source: Asean Credit

    bloomberg.com 14 Nov '14, 12am

    “The combination of low implied volatility and and low yield renders the Singapore dollar the most efficient funding currency for high-yielding Asian currencies,” Sue Trinh , a senior currency strategist at Royal Bank of Canada in Hong Kong , wrote in a Nov. 7 research report. “We see...

  • Most Efficient Health Care Around the World

    bloomberg.com 08 Nov '14, 5am

    Singapore is best in Bloomberg's second annual ranking of countries with the most efficient health care while the U.S. remains near the bottom. The ranking evaluates health care costs as a share of GDP and per capita, as well as life expectancy and improvements from last year.

  • Singapore to Face Fire Sales With Home Curbs, Developer Says

    bloomberg.com 13 Nov '14, 12am

    Singapore’s housing market may face “fire sales” with mortgage defaults as the government’s property curbs hurt home sales and prices, the city-state’s second-biggest developer said. City Developments Ltd. (CIT) , which built luxury condominiums such as St. Regis Residences near the O...

  • Singapore Passes Its First Law Against Human Trafficking

    bloomberg.com 04 Nov '14, 2am

    Singapore passed its first law to prevent human trafficking, even as at least one non-governmental organization pushed for more rights for victims. The law defines trafficking in persons, or TIP, and carries penalties including jail, fines and caning, according to Christopher De Souza...

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