reuters.com Archives - 18 December 2017, Monday

  • French finance minister calls for bitcoin regulation debate at G20

    reuters.com 17 Dec '17, 8pm

    PARIS (Reuters) - France will propose that the G20 group of major economies discuss regulation of the bitcoin virtual currency next year, Finance Minister Bruno Le Maire said on Sunday. “I am going to propose to the next G20 president, Argentina, that at the G20 summit in April we hav...

  • Second bitcoin futures debut could lure volume to wild market

    reuters.com 17 Dec '17, 6am

    NEW YORK (Reuters) - Bitcoin investors expect futures volumes to perk up when CME Group Inc, the world’s largest derivatives exchange operator, launches its own contract to wager on the cryptocurrency on Sunday. The second U.S. bitcoin futures launch is seen as another step towards bi...

  • Bitcoin hits new record high as warnings grow louder

    reuters.com 15 Dec '17, 9pm

    LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument. The cryptocurrency’s staggering recent price rises...

  • EU agrees clampdown on bitcoin platforms to tackle money laundering

    reuters.com 15 Dec '17, 7pm

    BRUSSELS (Reuters) - European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement. The agreement is part of a broader set of measu...

  • Bitcoin hits new record high as warnings grow louder

    reuters.com 15 Dec '17, 12pm

    LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument. The cryptocurrency’s staggering recent price rises...

  • Tsem Tulku Rinpoche Brings Ancient Dharma To Cyber Age

    reuters.com 15 Dec '17, 12am

    The goal of Tsem Tulku Rinpoche’s Kechara is to forge a global community of conscious minds, able and willing to address the challenges that plague the world, based on the ancient wisdom of the Buddhist sages. And, to disseminate this new mindfulness globally using creative and contem...

  • Zimbabwe ex-leader Mugabe visits Singapore hospital: sources

    reuters.com 14 Dec '17, 10am

    SINGAPORE (Reuters) - Former Zimbabwe president Robert Mugabe visited a hospital in Singapore this week apparently for medical checks, his first trip outside his country since he was ousted from office last month, sources in Singapore said on Thursday. FILE PHOTO: Zimbabwe's President...

  • Zimbabwe ex-leader Mugabe visits Singapore hospital: sources

    reuters.com 14 Dec '17, 9am

    SINGAPORE (Reuters) - Former Zimbabwe president Robert Mugabe visited a hospital in Singapore this week apparently for medical checks, his first trip outside his country since he was ousted from office last month, sources in Singapore said on Thursday. FILE PHOTO: Zimbabwe's President...

  • Airbus executive says considering cuts to A380 production, still undecided

    reuters.com 14 Dec '17, 5am

    SINGAPORE (Reuters) - Airbus SE (AIR.PA ) is considering cutting production of its A380 superjumbo to six or seven planes a year, but has made no final decision on the matter, a top executive said on Thursday amid growing question marks over the future of the double-decker jet. A new ...

  • Airbus executive says considering cuts to A380 production, still undecided

    reuters.com 14 Dec '17, 5am

    SINGAPORE (Reuters) - Airbus SE (AIR.PA ) is considering cutting production of its A380 superjumbo to six or seven planes a year, but has made no final decision on the matter, a top executive said on Thursday amid growing question marks over the future of the double-decker jet. An Air...

  • Airbus executive says considering cuts to A380 production, still undecided

    reuters.com 14 Dec '17, 4am

    SINGAPORE (Reuters) - Airbus SE (AIR.PA ) is considering cutting production of its A380 superjumbo to six or seven planes a year, but has made no final decision on the matter, a top executive said on Thursday amid growing question marks over the future of the double-decker jet. A new ...

  • Airbus executive says considering cuts to A380 production, no decision yet

    reuters.com 14 Dec '17, 4am

    SINGAPORE (Reuters) - Airbus SE (AIR.PA ) is considering a reduction in A380 superjumbo production to six or seven a year but the company had not made a final decision yet, a top executive said on Thursday. An Airbus A380, the world's largest jetliner, takes part in flying display, du...

  • Bitcoin fever exposes crypto-market frailties

    reuters.com 13 Dec '17, 3pm

    LONDON/NEW YORK (Reuters) - As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds. At the same time,...

  • Human Rights Watch calls on Singapore to relax free speech, assembly laws

    reuters.com 13 Dec '17, 3am

    SINGAPORE (Reuters) - The Singapore government’s laws limiting critical speech and peaceful assembly are overly broad and make the country a repressive place severely restricting what can be said and published, Human Rights Watch said on Wednesday. FILE PHOTO: Li Shengwu, nephew of Si...

  • Bitcoin hits another record high in march towards $20,000

    reuters.com 12 Dec '17, 9pm

    NEW YORK (Reuters) - Virtual currency bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bitcoin futures on a U.S. exchange and ahead of the start of another futures contract next week, as investors grew optimistic that the $20,000-mark is within...

  • Zimbabwe's Mugabe flies to Singapore, first trip since ouster

    reuters.com 12 Dec '17, 9am

    HARARE (Reuters) - Zimbabwe’s former president Robert Mugabe has left the country for medical checks in Singapore, his first foreign travel since the army forced him from office last month, a state security official said on Tuesday. FILE PHOTO: Zimbabwe's President Robert Mugabe looks...

  • Zimbabwe's Mugabe flies to Singapore, first trip since ouster

    reuters.com 12 Dec '17, 9am

    HARARE (Reuters) - Zimbabwe’s former president Robert Mugabe has left the country for medical checks in Singapore, his first foreign travel since the army forced him from office last month, a state security official said on Tuesday. FILE PHOTO: Zimbabwe's President Robert Mugabe looks...

  • Singapore's electric car-sharing program hits the road

    reuters.com 12 Dec '17, 8am

    SINGAPORE (Reuters) - Singapore launched on Tuesday its first large-scale electric car-sharing program through which the land-scarce city-state hopes to provide commuters with more transport options and steer them away from the need to buy their own cars. A BlueSG electric car-sharing...

  • Singapore's electric car-sharing program hits the road

    reuters.com 12 Dec '17, 7am

    SINGAPORE (Reuters) - Singapore launched on Tuesday its first large-scale electric car-sharing program through which the land-scarce city-state hopes to provide commuters with more transport options and steer them away from the need to buy their own cars. A BlueSG electric car-sharing...

  • Singapore's electric car-sharing program hits the road

    reuters.com 12 Dec '17, 7am

    SINGAPORE (Reuters) - Singapore launched on Tuesday its first large-scale electric car-sharing program through which the land-scarce city-state hopes to provide commuters with more transport options and steer them away from the need to buy their own cars. A BlueSG electric car-sharing...

  • Bitcoin futures suggest breakneck rise in price to slow

    reuters.com 11 Dec '17, 10pm

    NEW YORK/LONDON (Reuters) - Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months, even as it blasted above $17,000 to a fresh record high in the spot market. Chicago-based derivatives exchange C...

  • Wall Street opens flat after New York blast; stocks rise worldwide

    reuters.com 11 Dec '17, 5am

    New York (Reuters) - The S&P 500 and the Dow Jones Industrial Average opened flat on Monday after news of an explosion in New York’s busy Port Authority commuter hub, while stocks rose around the world on continued solid global economic growth indicators. The Dow Jones Industrial Aver...

  • Bitcoin futures suggest breakneck rise in price to slow

    reuters.com 11 Dec '17, 2am

    NEW YORK/LONDON (Reuters) - Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months, even as it blasted above $17,000 to a fresh record high in the spot market. Chicago-based derivatives exchange C...

  • Hotly anticipated bitcoin futures ease off after 22 percent surge

    reuters.com 11 Dec '17, 2am

    NEW YORK/SYDNEY/LONDON (Reuters) - Bitcoin futures eased back from an initial surge of almost 22 percent to trade up 13 percent on Monday, in an eagerly awaited U.S. market debut that backers hope will confer greater legitimacy on the volatile cryptocurrency and lead to its wider use....

  • Dollar rebounds before Fed's expected rate hike

    reuters.com 11 Dec '17, 1am

    NEW YORK (Reuters) - The U.S. dollar retraced most of its early weakness on Monday before the Federal Reserve is expected to hike rates on Wednesday, though concerns about tepid inflation were seen weighing on the greenback. FILE PHOTO: U.S. dollar banknotes are pictured at a currency...

  • After bitcoin’s wild week, traders brace for futures launch |

    reuters.com 10 Dec '17, 9am

    NEW YORK (Reuters) - The newest way to bet on bitcoin will arrive on Sunday, when futures of the cryptocurrency that has taken Wall Street by a storm begin trading. Virtual currency Bitcoin tokens are seen in this illustration picture, December 8, 2017. Picture taken December 8. REUTE...

  • Bitcoin drops after dramatic gains ahead of futures launch

    reuters.com 08 Dec '17, 6pm

    LONDON/NEW YORK (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse. In a hectic day on Thursday, bitcoin leapt from below $16,000 to $19...

  • Singapore's ComfortDelGro buys majority stake in Uber unit

    reuters.com 08 Dec '17, 1pm

    (Reuters) - Singapore’s top taxi operator ComfortDelGro Corp (CMDG.SI ) will buy a 51 percent stake in a unit of Uber [UBER.UL] that runs a fleet of private hire vehicles, as the companies seek to bridge the gap with dominant ride-hailing firm Grab. FILE PHOTO: ComfortDelGro's taxis a...

  • Airbnb pushes back on Singapore's tough home rental rules

    reuters.com 08 Dec '17, 10am

    SINGAPORE (Reuters) - Short-term home rental service Airbnb on Friday called Singapore’s regulatory framework “untenable” as authorities said they planned to hold discussions with home-sharing platforms and resident groups soon on how such accommodation may be allowed. FILE PHOTO: Sin...

  • Bitcoin blows past $16,000, alarm bells ring louder

    reuters.com 08 Dec '17, 1am

    LONDON/NEW YORK (Reuters) - Bitcoin rocketed to a lifetime high well above $16,000 on Thursday after climbing some 67 percent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst. FILE PHOTO - A Bitcoin logo is displayed at the Bitcoin ...