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Monthly Archives: September 2018

Naver, Kakao and KT vie to launch cryptocurrencies

Local tech giants Naver, Kakao and KT are competing to dominate the budding cryptocurrency market by launching their own coins.  Earlier this month, Naver’s Japanese subsidiary Line introduced its own token called Link to buy and sell game-related content. Link will be operated on its own blockchain network called Link Chain.  Line said it’s not planning an initial coin offering, ...

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Bitcoin: How Not to Get Caught Up in a Mania (Part III)

YOU can be prepped for big opportunities — relaxed, your plan set, calmly waiting. THAT is what understanding Elliott waves can do for you We can help you prepare for opportunities and side step risks that will surprise most investors. The Financial Forecast Service prepared its subscribers for the 2008-2009 financial crisis, the dramatic volatility in stocks in January 2016 ...

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COOK ISLANDS MOVE TO ABOLISH OFFSHORE BANKS

Administration bill says cost of regulation outweighs benefits RAROTONGA, Cook Islands (Cook Islands News, February 12, 2009) – Offshore banks operating in the Cook Islands will be abolished under new legislation government is introducing to parliament. This was disclosed yesterday in a media release issued by the Office of the Deputy Prime Minister and quoting the Financial Supervisory Commission. The ...

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Survey: Business Confidence In Bermuda Drops

[Updated] Business confidence in Bermuda has “dropped dramatically”, there is “pessimism in Bermuda’s private sector” about the economy, and “concerns are increasing about taxation, the cost of doing business and Bermuda’s declining population.” This is according to the Bermuda Business Confidence Index [BCI] which is a survey of business owners and executives across industries, with 138 surveys were completed between ...

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A Penthouse Made for Instagram

A Penthouse Made for Instagram Spotless walls, a “millennial pink” sofa, and a spa-style bathtub that’s waiting to be filled with flowers. And every inch of its 2,400 square feet is free from the clutter of everyday life.

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Bitcoin: How Not to Get Caught Up in a Mania (Part III)

YOU can be prepped for big opportunities — relaxed, your plan set, calmly waiting. THAT is what understanding Elliott waves can do for you We can help you prepare for opportunities and side step risks that will surprise most investors. The Financial Forecast Service prepared its subscribers for the 2008-2009 financial crisis, the dramatic volatility in stocks in January 2016 ...

Read More »

Forbes: World’s Most Idyllic Blockchain Sandbox

In a story entitled “Crypto-Caribbean: The World’s Most Idyllic Blockchain Sandbox,” Forbes has profiled the fintech and digital business initiatives in various islands, including Bermuda. The story said, “The concept of a financial or technology sandbox, popularized over the last decade, is gaining sway around the world, particularly as regulators … Blockchain Search Results

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Dow Jumps 9% In Q3; S&P, NASDAQ Up 7%+

Friday’s session was nothing to write home about (nor was this whole week for the most part), but the quarter was a different story. Bolstered by a fantastic earnings season and an all-around great economy, each of the major indices put together impressive gains over the past three months. Even though it usually takes the brunt of negative trade headlines, ...

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Big banks promise to fix their mistakes

Australia's big banks have promised to learn from their mistakes but even the banking royal commissioner warns it will not be easy to get them to change their culture. Kenneth Hayne QC's interim report blamed greed and the pursuit of profit for the widespread misconduct in the banking and financial services industries. Mr Hayne said the culture and conduct of ...

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