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Monthly Archives: January 2018

Bitcoin is heading for its biggest monthly decline since January 2015

Dan Kitwood | Getty Images A visual representation of the digital Cryptocurrency, Bitcoin on October 24, 2017 in London, England. Bitcoin is headed for its worst monthly decline since January 2015 this month amid increasing scrutiny from regulators on the cryptocurrency space. At 12:30 p.m. London time (7:30 a.m. ET), …

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SoftBank buys majority stake in Line’s mobile division

Kiyoshi Ota | Bloomberg | Getty Images Takeshi Idezawa, chief executive officer of Line Corp., speaks during a news conference in Tokyo, Japan SoftBank has entered an agreement with Japan’s most popular messaging service Line to acquire a majority stake in the company’s mobile business. Line Corp, which is dual-listed …

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NAFTA ‘far from being completed,’ says Commerce Secretary Wilbur Ross

Mary Turner | Reuters Commerce Secretary Wilbur Ross, speaks at the Conferation of British Industry’s annual conference in London, Britain, November 6, 2017. The efforts to renegotiate NAFTA is “far from being completed at this point,” Commerce Secretary Wilbur Ross told CNBC on Wednesday. Ross did tell “Squawk Box” that …

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Boeing Earnings Q4 2017

Patrick T. Fallon | Bloomberg | Getty Images Workers assemble Boeing 787 Dreamliners, the wide-body twin-engine jets made by Boeing Commercial Airplanes at the Boeing Everett Factory in Everett, Washington. Boeing shares surged before the market’s open Wednesday after the aerospace and defense contractor posted fourth-quarter results that solidly outpaced …

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A new, new American moment? Former Obama aides say Trump lifted phrase from Hillary Clinton

Nicholas Kamm | AFP | Getty Images President Donald Trump delivers the State of the Union address at the US Capitol in Washington, DC, on January 30, 2018. In excerpts of President Trump’s first State of the Union address released by the White House, he hails recently passed tax cuts, …

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There’s a risk of market turbulence, but it’s unlikely to hit until 2019, says Santander chairman

Tim Boyle | Bloomberg | Getty Images Traders work in the S&P 500 pit at the CME Group’s Chicago Board of Trade in Chicago, Illinois, U.S., on Monday, Nov. 28, 2011. Plans by central bankers to reduce monetary stimulus could create market shocks, but these are unlikely to happen in …

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Japan’s Line Corp to offer cryptocurrency trading, loans and insurance

Tomohiro Ohsumi | Getty Images Characters from the Line messaging app are displayed inside Line Corp.’s LINE Friends Harajuku store on July 11, 2016 in Tokyo, Japan. Japanese messaging service Line Corp is expanding its reach into financial technology, or fintech, with a new company that offers a cryptocurrency exchange, …

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Quicksilver CEO missing at sea off French coast

IROZ GAIZKA | AFP | Getty Images Frenchman Pierre Agnes pictured in his office on October 17, 2014. French coastguards are searching for the chief executive of a leading surfwear company after his boat was discovered washed ashore on a beach in the country’s south-west. Pierre Agnes, CEO of Boardriders, …

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Qatar-Saudi dispute is bad for the US, Tillerson says

Yuri Gripas | Reuters Secretary of State Rex Tillerson answers a question at the State Department in Washington, January 18, 2018. Two top U.S. government officials called on Gulf countries including Saudi Arabia and the United Arab Emirates (UAE) to resolve their dispute with their neighbor Qatar, saying that regional …

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South Korea expert Victor Cha warned White House on North Korea

Jung Yeon-Je | AFP | Getty Images People watch a television news screen showing pictures of US President Donald Trump (C) and North Korean leader Kim Jong-Un (R) at a railway station in Seoul on November 29, 2017. Korea expert Victor Cha was widely expected to be nominated as the …

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