Ithaca Newswire

Ithaca Newswire

Comprehensive Real-Time News Feed for Ithaca, NY.

Results 1 - 6 of 6 for "u:bloomberg.com" in Ithaca, NY

  1. As Trump Shreds Global Trade Deals, Xi Basks in - Davos Man' RoleRead the original story w/Photo

    Yesterday | Bloomberg

    If one needed a reminder of how surreal the globalization debate has become in recent years, look no further than the talking salons of Donald Trump and Xi Jinping, whose countries account for about 40 percent of the global economy, are offering competing visions for the future of global trade, capital flows and economic integration in this age of widening income inequality and populist angst. In an historic role reversal, it's the leader of the Chinese Communist Party who has emerged as a defender of the Davos consensus, last year using his speech in the Swiss ski resort to defend globalization.

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  2. Shining Star of Initial Coin Offerings Crashing Back to EarthRead the original story

    Nov 1, 2017 | The Washington Post

    Bancor, one of the most successful initial coin offerings in the short history of digital tokens, is proving to be a dud for investors. After raising $153 million in a matter of hours in June, the Tel Aviv, Israel-based startup -- whose market maker-like application aims to facilitate trading in other digital coins -- has seen the price of its token decline 56 percent, one of the worst performances among the 10 largest crowd-funding sales.

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  3. One of the Most High-Profile ICOs Has Crashed 50% Since It Came to MarketRead the original story w/Photo

    Nov 1, 2017 | Bloomberg

    Bancor, one of the most successful initial coin offerings in the short history of digital tokens, is proving to be a dud for investors. After raising $153 million in a matter of hours in June, the Tel Aviv, Israel-based startup -- whose market maker-like application aims to facilitate trading in other digital coins -- has seen the price of its token decline Around the time of the ICO, some of the burgeoning sector's better known developers such as Cornell University's Emin Gun Sirer started raising questions about the application.

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  4. China's Stability at Stake as the Next Generation of Money Men RisesRead the original story w/Photo

    Aug 14, 2017 | Bloomberg

    As the retirement of People's Bank of China Governor Zhou Xiaochuan nears, his legacy of financial reform may yet live on through the advancing careers of people he's helped guide to prominence. The latest examples of that phenomenon are five officials, associated with Zhou and seen as like-minded reformers, who were promoted since 2015 to key posts at the central bank, market regulators and even the International Monetary Fund.

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  5. Nomura Trader Jury Hears What U.S. Calls Fraud-in-the-MakingRead the original story

    May 25, 2017 | The Washington Post

    The three former Nomura Holdings Inc. bond traders on trial for lying to their customers about bond prices haven't said whether they'll testify in their own defense. But jurors still heard from one of them as he allegedly prepared to lie to a client.

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  6. U.S. Urges China to Open Trade After Sparing It Manipulator TagRead the original story w/Photo

    Apr 14, 2017 | The Washington Post

    The U.S. stopped short of branding China a currency manipulator, but urged the world's second-largest economy to let the yuan rise with market forces and embrace more trade. report released by the Treasury Department under President Donald Trump on Friday.

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