SEOUL (Reuters) - South Korea's finance minister said on Monday that relevant ministries are in talks to decide whether trading of bitcoins should be regulated.
Over the last few years, Under Armour has gone from a rising star in the sports apparel space to a struggling company looking for a turnaround.
Roche recently sued Pfizer to block the latter’s biosimilar (generic version) for Herceptin- a cancer biologic that earned $2.5 billion in sales in the U.S. for Roche in 2016. The fight is unlikely
Tycoon Spencer Haber has over the last two years bought up debt from the struggling Four Seasons care home chain, which is home to 17,000 vulnerable and elderly residents.
The firm said it will be paying investors a special dividend of 3.33p per share and would raise its ordinary dividend from 0.19p to 3.95p.
The lender was fined £1.2bn in 2012 for handling dirty cash, and only just escaped criminal proceedings. Investigators warned they would take it to court for the debacle if it did anything else wro
Billionaire investor Sir Chris Hohn, is seeking to oust chairman Donald Brydon, who he blames for forcing former chief executive Xavier Rolet to quit.
It is unclear what Apple’s plans are for Shazam, but the deal is likely to strengthen its existing partnership with Apple Music and its voice recognition service Siri.
Truckers can rake in more than £20 an hour as well as bonuses of £100 per shift, taking their daily rate to £250 or more in some instances, according to recruitment company Manpower.
Among those chairman targeted in the move by the Financial Conduct Authority is 64-year-old Alison Carnwath (pictured) at Land Securities.
Banks have scaled back estimates of jobs that may have to move after Brexit, accountant EY said. In 2016, 12 firms said 12,500 roles would move abroad. Now, 26 are expecting just 10,500 relocations
As Qualcomm waits for its NXP deal to get regulatory approval, activist investor Elliott Management has said the chip maker is worth more.
How can you plug and play your portfolio into the explosive video game sector? Five MoneyShow contributors who follow the industry offer a dozen or so investing ideas. This isn't your Dad's game of Po
AMD has made some improvements to its product lines in the last few years, but its stock remains risky considering its relatively low and fluctuating margins.
With annual sale of Rs 15,000 crore, this industry employs around 400,000 workers directly, besides the indirect spinoff
This comes when the price of sugar in India has been falling since the start of the current cane crushing season
JPMorgan’s growing presence in the affluent card segment over recent years, coupled with its position as the largest card lender in the U.S., has helped its card purchase volumes grow at a faster ra
Plans to restart exports from Dooars after 27 years
This is its highest closing since November 29 when it had closed at 33,602.76
The jump in share prices was on expectations of strong growth over the past few years because of their diversification
Star Paper Mills, Ruchira Papers, Balkrishna Paper, TN Newsprint, N R Agarwal Industries, Seshasayee Paper and West Coast Paper were up in the range of 6% to 20% on the BSE
RECORD DEAL Tech giant Apple is close to buying music recognition app Shazam in a cut-price deal of £300 million. The purchase is set to be one of the largest takeovers in Apple’s history.
First Solar had a relatively eventful week, as it conducted its analyst day event, during which it unveiled its first functional large format Series 6 thin-film panel, while also announcing a stronger
Networking giant Juniper has reported a mixed set of results this year, with revenue declines across key product segments including routing and network security, while the company is also facing decli
Card charge-off rates across the industry fell in Q3 2017 after remaining elevated over the first two quarters of the year, and the largest U.S. card lenders benefited from this trend to report a sequ
American hospitals have a target on their backs. The latest merger talk is an attempt to rally their strength, but industry payers’ battle against high health-care costs shows no sign of letting up.
Enthusiasts say bitcoin is taking over the world. But comparisons to real companies, currencies and countries are flawed measures for the cryptocurrency.
But volatility can rise as major central bank meetings are scheduled this week
Gold options contracts, introduced recently by MCX, can help you limit your risks while maximising your gains
After the market bottomed out in 2015, all the indicators point to a resurgence ahead
The government is set on rolling out the mandate on standards in January despite the challenges on the ground
Interview with George Alexander Muthoot, Managing Director, The Muthoot Group
Bitcoin futures were already offered on some unregulated cryptocurrency exchanges outside the United States
The chief executive of Poundworld, Gerry Gray, has stepped down from his role with immediate effect after just two years, citing personal reasons.
The FTSE 100 closed up 59.52 points at 7453.48, as a weaker pound aided exporters and miners benefited from an analyst upgrade.
Rising for the second straight session, the rupee today strengthened by 8 paise to end at a fresh one-week high of 64.37 a dollar on sustained selling of the US currency ahead of key macro-economic d
Xpro India on Monday informed the exchanges that it has sold property (non-core assets) located at Kolkata, alongwith a building, for a consideration of ?21 crore. The property was sold on “as is w
Colgate Palmolive India on Monday declared an interim dividend of ?4 per equity share for 2017-18, which will see a total payout of ?131 crore, including dividend distribution tax. The record date fo
Deepak Nitrite will seek shareholder approval through postal ballot for raising funds through a qualified institutional placement. The board on Monday approved raising a maximum of ?150 crore through
Alembic Pharmaceuticals will remain in focus, as the US FDA has granted fast-track designation to its associate company Rhizen Pharmaceuticals' RP6530 (tenalisib), used in the treatment of cancer. F.
Despite weak global cues, soy oil ruled firm on scattered buying support with soy refined quoted at ?715, while soy solvent ruled at ?680-85. Amid declining arrival, soybean also ruled firm at ?3,02.
Close to sixty companies including Albert David, AMD Industries, Axiscades, Century Extrusions, Fineotex Chemicals, Gujarat Apollo, Hind Rectifiers, Jindal Worldwide, MIC Electronics, Nitesh Estates,
Spot pepper continued to rise on good demand amid tight availability. Indigenous pepper sellers, from the high ranges, were reportedly not ready to sell below ?500 a kg. Sellers of imported pepper we
Shares of Allahabad Bank, Canara Bank and Lakshmi Vilas Bank will remain in focus on fund-raising plans. Allahabad Bank plans to convene an EGM to issue up to five crore shares; Canara Bank will cons
The small cardamom gained marginally in recent days following drop in arrivals amid good buying interest at auctions held in Kerala and Tamil Nadu. Total arrivals dropped to 593 tonnes last week from
The price of turmeric in the futures market has fallen. Though the price decreased by 2 per cent (roughly ?180 a quintal) in the futures, it has not affected the sale or price in the local markets. .
Sugar prices are seen range-bound on selling pressure on pick up in production and weak overases markets. At Vashi, naka rates rebounded by ?30-50 per quintal, lifting the spot rates by ?10-15 for ..
Weak overseas futures amid slack demand kept edible oils market steady. Liberty: Palmolein Ex Shapur was ?655 up to January 10. Super palmolein ?675 for January10. Allana: Palmolein Ex Khapoli ?650 .
Malaysian palm oil futures on Monday slid to fresh lows, hitting their weakest in five-and-a-half months, as traders were cautious ahead of official data from the Malaysian Palm Oil Board on Tuesday.
In 2012, Manisha Girotra left Swiss financial services major UBS AG to join a new firm Moelis & Company as its CEO, India. Now five years with Moelis, which has revenues of about $700 million g..
With no official confirmation on extension of deadline, fear looms large
Issue closes on Dec 20; price band fixed at ?45-50/share
Speculation on BJP victory in Gujarat along with global cues, DII buying boost key indices
Pump ?15,846.81 cr into IPOs this year
Greece, the place where Europe’s sovereign-debt crisis first emerged, finally looks like it could escape its bailout years. Yield-hungry bond investors are smartly going along for the ride.
Short-term capital gains tax of 30% likely to be levied if Bitcoin is held for less than three years, 20% if held for more than 36 months
According to Sipri, sales of arms and military services across the world totaled $374.8 billion last year. Lockheed Martin retained its place at the top of the global arms league in 2016, selling near
So you STILL think Brazil is going to pass pension reform, do you?
The current bull market is the lowest returning one in the industrial age, when adjusted for inflation. But don't worry: It's not done rising yet.
Would you invest in a company that couldn’t tell you what its business was going to be? Some would, in fact they are doing so in record amounts.