reuters.com Archives - 31 July 2014, Thursday

  • Bitcoin catches on in tech-savvy Romania

    reuters.com 28 Jul '14, 11am

    BUCHAREST (Reuters) - In a well-lit office with red window frames in downtown Bucharest, Romania's first bitcoin ATM attracts many who until it opened in May had to buy or sell the digital currency face-to-face or through wire transfers. The interest in bitcoin in Romania stands out i...

  • South Korean movie house Spackman surges 54 pct in Singapore debut

    CORRECTED-South Korean movie house Spackman surges 54 pct in Singapore debut

    reuters.com 22 Jul '14, 5am

    (Corrects story to show company based in Seoul, not Hong Kong, in paragraph 6; amends spelling of PrimePartners in final paragraph) By Caroline Ng SINGAPORE, July 22 (Reuters) - A South Korean film producer whose hits include the 2013 action thriller "Snowpiercer" saw its shares jump ...

  • LVMH and eBay settle litigation over fake goods

    reuters.com 17 Jul '14, 11am

    PARIS (Reuters) - LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. company's online auction website. The companies are implementing cooperative measures aimed at protecting intellectual propert...

  • LVMH and eBay settle litigation over fake goods - PARIS (Reuters) - LVMH Moet Hennessy Louis Vuitton and eBay Inc...

    LVMH and eBay settle litigation over fake goods

    reuters.com 17 Jul '14, 11am

    PARIS (Reuters) - LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. company's online auction website. The companies are implementing cooperative measures aimed at protecting intellectual propert...

  • French police dismantle illegal Bitcoin exchange

    reuters.com 07 Jul '14, 1pm

    TOULOUSE France (Reuters) - French police have dismantled an illegal Bitcoin exchange and seized 388 virtual currency units worth some 200,000 euros ($272,800) in the first such operation in Europe, a public prosecutor said on Monday. Two people in the Riviera coastal cities of Cannes...

  • French police dismantle illegal Bitcoin exchange

    reuters.com 07 Jul '14, 1pm

    TOULOUSE France (Reuters) - French police have dismantled an illegal Bitcoin exchange and seized 388 virtual currency units worth some 200,000 euros ($272,800) in the first such operation in Europe, a public prosecutor said on Monday. Two people in the Riviera coastal cities of Cannes...

  • Singapore Q2 private home prices -1.1 pct qtr/qtr - housing authority

    reuters.com 01 Jul '14, 9am

    SINGAPORE, July 1 (Reuters) - Singapore's Urban Redevelopment Authority released flash estimates for the change in Singapore private home prices during the second quarter of 2014: Quarter-on-quarter, percentage price change: Quarter Q2 2014 Q1/2014 Q4/2013 Q3/2013 Singapore private -1...

  • SE Asia Stocks-Most start Q3 on weak note, property stocks lead Singapore fall

    reuters.com 01 Jul '14, 5am

    BANGKOK, July 1 (Reuters) - Southeast Asian stock markets were broadly weaker on Tuesday, with shares of Singapore's property firms easing on weak industry data while Indonesian stocks retreated from a near two-week high on Monday after June inflation data. Losses in Singapore were le...

  • RPT-Fitch: Singapore Banks Well-Positioned to Meet New LCR Regs

    reuters.com 30 Jun '14, 10am

    (Repeat for additional subscribers) June 30 (Reuters) - (The following statement was released by the rating agency) Singaporean banks are well-positioned to meet new MAS liquidity coverage ratio (LCR) requirements, says Fitch Ratings. The new rules, announced on 24 June, are in line w...

  • Singapore May bank lending up 1.1 pct from April

    reuters.com 30 Jun '14, 2am

    SINGAPORE, June 30 (Reuters) - Total bank lending in Singapore grew 1.1 percent in May from April, led by more loans to general commerce and financial institutions, central bank data showed on Monday. Loans and advances by domestic banking units in the city-state amounted to S$597.5 b...

  • ANZ considers expanding physical commodity trading: source - SYDNEY/SINGAPORE (Reuters) - Australia and New...

    ANZ considers expanding physical commodity trading: source

    reuters.com 30 Jun '14, 12am

    SYDNEY/SINGAPORE (Reuters) - Australia and New Zealand Banking Group (ANZ.AX ) is considering expanding its physical commodity trading business as it aims to step into the gap left by the retreat of big Wall Street and European banks, a bank source with direct knowledge of the matter ...

  • Magnitude 7.1 quake hits near Visokoi Island, off South America

    reuters.com 29 Jun '14, 8am

    We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those ...

  • Magnitude 6.2 quake hits off Iwo Jimo, Japan: USGS

    reuters.com 29 Jun '14, 6am

    We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those ...

  • California governor signs bill to bring bitcoin and other currency into fold

    reuters.com 29 Jun '14, 3am

    LOS ANGELES (Reuters) - California Governor Jerry Brown on Saturday signed into law a bill that clears away possible state-level obstacles to alternative currencies such as bitcoin. The legislation repeals what backers said was an outdated California law prohibiting commerce using any...

  • California governor signs bill to bring bitcoin and other currency into fold

    reuters.com 29 Jun '14, 2am

    LOS ANGELES (Reuters) - California Governor Jerry Brown on Saturday signed into law a bill that clears away possible state-level obstacles to alternative currencies such as bitcoin. The legislation repeals what backers said was an outdated California law prohibiting commerce using any...

  • Record turnout for Singapore gay rally amid religious protests

    reuters.com 28 Jun '14, 2pm

    SINGAPORE (Reuters) - One of the largest crowds ever recorded in Singapore for a civil society gathering turned out on Saturday at a gay rights rally, against a backdrop of noisy opposition from religious groups in the run-up to the event. An estimated 26,000 people descended on Hong ...

  • U.S. auctions some 30,000 bitcoins from Silk Road raid

    reuters.com 28 Jun '14, 12am

    NEW YORK (Reuters) - The U.S. Marshals Service on Friday auctioned off about 30,000 bitcoins seized during a raid on Silk Road, an Internet black-market bazaar where authorities say illegal drugs and other goods could be bought. An online auction took place over a 12-hour period on Fr...

  • U.S. auctions some 30,000 bitcoins from Silk Road raid

    reuters.com 28 Jun '14, 12am

    NEW YORK (Reuters) - The U.S. Marshals Service on Friday auctioned off about 30,000 bitcoins seized during a raid on Silk Road, an Internet black-market bazaar where authorities say illegal drugs and other goods could be bought. An online auction took place over a 12-hour period on Fr...

  • U.S. auctions some 30,000 bitcoins from Silk Road raid

    U.S. auctions some 30,000 bitcoins from Silk Road raid

    reuters.com 28 Jun '14, 12am

    NEW YORK (Reuters) - The U.S. Marshals Service on Friday auctioned off about 30,000 bitcoins seized during a raid on Silk Road, an Internet black-market bazaar where authorities say illegal drugs and other goods could be bought. An online auction took place over a 12-hour period on Fr...

  • U.S. auctions some 30,000 bitcoins from Silk Road raid

    U.S. auctions some 30,000 bitcoins from Silk Road raid

    reuters.com 28 Jun '14, 12am

    NEW YORK (Reuters) - The U.S. Marshals Service on Friday auctioned off about 30,000 bitcoins seized during a raid on Silk Road, an Internet black-market bazaar where authorities say illegal drugs and other goods could be bought. An online auction took place over a 12-hour period on Fr...

  • U.S. auctions some 30,000 bitcoins from Silk Road raid

    reuters.com 28 Jun '14, 12am

    NEW YORK (Reuters) - The U.S. Marshals Service on Friday auctioned off about 30,000 bitcoins seized during a raid on Silk Road, an Internet black-market bazaar where authorities say illegal drugs and other goods could be bought. An online auction took place over a 12-hour period on Fr...

  • U.S. auctions some 30,000 bitcoins from Silk Road raid

    U.S. auctions some 30,000 bitcoins from Silk Road raid

    reuters.com 27 Jun '14, 11pm

    NEW YORK (Reuters) - The U.S. Marshals Service on Friday auctioned off about 30,000 bitcoins seized during a raid on Silk Road, an Internet black-market bazaar where authorities say illegal drugs and other goods could be bought. An online auction took place over a 12-hour period on Fr...

  • Singapore takes aim at unrated bonds

    reuters.com 27 Jun '14, 11am

    * MAS meets players to push for ratings * Options to encouragage rating being explored * Bankers resist ratings By Kit Yin Boey June 27 (IFR) - Singapore's capital markets are set for more rated bond issues as the city's regulator considers ways to promote transparency and deepen the ...

  • SINGAPORE PRESS-Chinese property firm to list on SGX-Straits Times

    reuters.com 27 Jun '14, 9am

    A Chinese developer eyeing the local property market is poised to be the first S-chip in about two years to list on the Singapore Exchange, the Straits Times reported. The Chiwayland Group, which mainly develops residential and commercial property in Shanghai and other parts of the Ya...

  • It's Asian bonds, not equities, that are too rich: SINGAPORE (Reuters) - An unusual parallel rally in Asian bo...

    It's Asian bonds, not equities, that are too rich

    reuters.com 26 Jun '14, 3am

    SINGAPORE (Reuters) - An unusual parallel rally in Asian bonds and equities, powered for the last five years by cheap global funds, could give out soon with debt becoming a casualty of the increasing confidence in the outlook for global growth. Bonds are now pricing in an extremely bl...

  • Japan, neighbors must put World War Two behind them: Singapore PM

    reuters.com 24 Jun '14, 11pm

    WASHINGTON (Reuters) - Singapore's prime minister on Tuesday urged Japan and its neighbors to put World War Two behind them, saying that if they kept reopening issues dating back to the conflict it would be a "continuing sore" in their relations. "One of the reasons Japan’s difficulti...

  • Singapore to launch gold contract as Asia eyes price alternatives

    reuters.com 24 Jun '14, 12pm

    * Singapore to announce gold contract launch on Wednesday * Top gold consumer Asia wants to provide alternative to London fix * Liquidity could be an issue for Asian contracts By A. Ananthalakshmi SINGAPORE, June 24 (Reuters) - Singapore is set to announce the launch of a gold futures...

  • California lawmakers pass bill to update currency law, aid Bitcoin users - Reuters #bitcoin

    California lawmakers pass bill to update currency law, aid Bitcoin users

    reuters.com 24 Jun '14, 3am

    SACRAMENTO Calif. (Reuters) - California lawmakers on Monday approved a measure making it easier to use alternative currencies including Bitcoin, even as the failed Tokyo based bitcoin exchange, Mt Gox, moved forward into bankruptcy protection. The bill would repeal what backers said ...

  • Wear white to protest Singapore pink gay rally, religious groups say

    reuters.com 23 Jun '14, 8am

    SINGAPORE (Reuters) - Some Christians have joined Muslims in Singapore urging followers to wear white this weekend in protest at the sixth annual "Pink Dot" gay rights rally, which attracted a record 21,000 people last year. Singapore is seeing growing anger over issues ranging from i...

  • China banks seek profit boost through their bad debts - SINGAPORE/SHANGHAI (Reuters) - Major Chinese banks want to...

    China banks seek profit boost through their bad debts

    reuters.com 23 Jun '14, 1am

    SINGAPORE/SHANGHAI (Reuters) - Major Chinese banks want to manage their own bad debts, attracted by the outsize profits being earned by recovery firms, in a sign of confidence that investments in internal risk assessment teams are set to pay off. If they are right, it may mark the end...