Big Oil takes stage for post-austerity beauty contestLONDON: With years of austerity in their rear-view mirrors, the world’s biggest oil companies are locked in a beauty contest to lure investors with promises of growth and greater rewards. Royal Dutch...
Data overload: commodity hedgefunds close as computers dominateLONDON: “Chocfinger” made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward threw in the towel. W...
Coincheck heist sheds light on Japan’s rush to create cryptocurrency rulesTOKYO: After the Mt. Gox cryptocurrency exchange was stung by a half-billion dollar theft in 2014, Japanese regulators swung into action. Their goal was to craft rules that both protected traders and...
Asian markets struggle to hold gains, warning of more volatilityAsian markets struggled to hold early gains on Monday after last week's global rout, with analysts warning of further volatility across trading floors. After a stellar 2017 and a January that saw reco...
Amazon paid $90 million for camera maker’s chip technology — sourcesSAN FRANCISCO: Amazon.com Inc paid about $90 million to acquire the maker of Blink home security cameras late last year, in a secret bet on the startup's energy-efficient chips, people familiar with t...