Bloomberg.com
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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 ...

  • Singapore Property's Unexpected Prop - Bloomberg Gadfly

    bloomberg.com 27 Jun '16, 6am

    For all the damage it's doing to a fragile global economy, Brexit might have some unintended positive consequences. Among them, perhaps, a soft landing for Singapore's wobbly property market. With hindsight, the seemingly excessive S$3.4 billion ($2.5 billion) that Qatar Investment Au...

  • via @technology

    Bitcoin Buyers Seek Haven From British Pound After Brexit Vote

    bloomberg.com 24 Jun '16, 9pm

    Demand surged for bitcoin as a safe haven from the British pound, which plummeted after the U.K. voted to leave the European Union. The pound fell to its lowest in more than 30 years, driving demand for assets such as U.S. Treasuries and gold. Stocks and bonds also fell, amid concerns...

  • via @business

    Hong Kong-Singapore Stars Fade With Boom-to-Gloom in Finance

    bloomberg.com 21 Jun '16, 9pm

    Thanks to those years of growth, the financial industry came to make up a significant shares of the twin cities’ economies. Singapore is home to more than 1,200 financial institutions including banks, insurers and finance companies, according to the Monetary Authority of Singapore. Th...

  • via @business

    Currency Traders Face 3 a.m. Singapore Start for Brexit Results

    bloomberg.com 23 Jun '16, 12am

    As the U.K. decides on its future in or out of the European Union, currency traders and analysts thousands of miles away in Asia, will be at their desks well before dawn. Voting is scheduled to close at 10 p.m. in the U.K. on Thursday, or 5 a.m. in Singapore on Friday. Traders and ana...

  • Looking for a Gainer Amid the Sea of Red? Bitcoin Jumps With Yen

    bloomberg.com 24 Jun '16, 6am

    Bitcoin was one of the few winners out of the U.K.’s vote to leave the European Union, surging as much as 13 percent as the decision fueled demand for alternative assets. The digital currency jumped 11 percent to $681.68 as of 1:45 p.m. Hong Kong time, according to data compiled by Bl...

  • UBS Gives IRS Records on U.S. Citizen’s Account in Singapore -

    bloomberg.com 23 Jun '16, 12am

    UBS Group AG has ended a legal fight with the Internal Revenue Service, agreeing to hand over records on an American client’s account in Singapore as U.S. authorities seek to move beyond Switzerland in their fight against offshore tax evasion. The case involves Ching-Ye Hsiaw, a U.S. ...

  • Singapore Passes Thailand on Misery Index’s Better End: Chart -

    bloomberg.com 19 Jun '16, 11pm

    Singapore has dropped below Thailand on the so-called Misery Index for the first time since December 2014, meaning the city-state has the lowest combination of consumer-price inflation and unemployment in the world. Singapore’s most-recent CPI rate was negative 0.5 percent and its off...

  • Bitcoin Loses 25% in Five Days as Brexit Odds Fall, Ether Sinks

    Bitcoin Loses 25% in Five Days as Brexit Odds Fall, Ether Sinks

    bloomberg.com 23 Jun '16, 6am

    Bitcoin plunged for a fifth day as concern Britain will vote to leave the European Union waned and a hack suffered by another cryptocurrency undermined confidence in such digital assets. Bitcoin slid 6.1 percent to $573.84 as of 1:31 p.m. in Hong Kong on Thursday, data compiled by Blo...

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