Bitcoin has similar features as gold, while its popularity within a short span of time suggests promising future that could end the present currency system. Even though the trading of gold dates back to “hundreds of years”, lately the less than a decade old bitcoin crypto-currency seem to challenge...

The ministry of finance in Germany makes its reaction public in regards to Deutsche Bank’s decisions. The Finance Minister of Germany said that the government has been happy to side with its banks’ efforts of increasing capital. However, there was no specific comments on Deutsche Bank’s plan of...

A request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency, was rejected by the U.S. Securities and Exchange Commission on Friday.   For more than three years, efforts to convince the SEC to let it bring the Bitcoin ETF...

It is expected that the Federal Reserve will be given the green light to raise interest rates next week despite slowing economic growth as U.S. employers are likely maintained a brisk pace of hiring in February and boosted wages for workers.   According to a Reuters survey of economists...

Economy of Ireland has remained the fastest growing in the European Union for the third consecutive year in 2016, although with a smaller margin than before. According to data published by the country's statistical agency on Thursday, Ireland's GDP in 2016 grew by 5.2% compared with 2015. GDP also...

There could be sweeping impacts on the U.S. as well as the world economics if there is even one small interest rate increase by the Fed, analyst and economists Komal Sri-Kumar said during a TV interview.   "I think they are going to hike" on March 15, Sri-Kumar said during the...

As the chief executive of Deutsche Bank sought to persuade weary shareholders to sign an 8 billion euro ($8.5 billion) cheque to back his plans, he pledged on Monday to see through a strategic turnaround.   As the bank's shares sank and some expressed concerns the one proud flagship of the...

A month before becoming president in 2009, Barack Obama promised to implement a fairly ambitious program for infrastructure renewal by reconstruction of roads and bridges of the USA, which also would create a large number of jobs. Then, Obama suggested that ready-to-start projects would help in...

A private survey in China showed that increasing competition has been making it harder for companies in China to raise prices and therefore, even with new business still growing at a solid rate, activity in the country’s services sector expanded at the slowest pace in four months in February....