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Author Archives: Top News Editor

BoJ Keeps Stimulus Unchanged, Retains Inflation Forecast

The Bank of Japan maintained its aggressive monetary easing, as widely expected, and left its assessment of inflation and growth unchanged. Governor Haruhiko Kuroda and his board members decided by an 8-1 majority vote to hold its target of raising ...

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North Korea Hacked S Korean Crypto Exchanges: Report

An American cybersecurity firm has reported that South Korean cryptocurrency exchanges and users lost money in late 2017 as a result of North Korea’s state-sponsored hacking. The firm Recorded Future said in a report that North Korea-backed hacking group Lazarus ...

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Weiss Ratings Set To Grade Cryptocurrencies

Weiss Ratings, an independent rating agency of financial institutions, said it will issue letter grades on cryptocurrencies, including Bitcoin. The rating is set to be released on January 24. The ratings would be based on a model that analyzes thousands ...

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Cryptocurrency Daily Roundup

The bloodbath in the cryptocurrency market extended into Wednesday with severe declines in both prices and market capitalization. Going with the flow, the BitConnect coin tanked more than 90 percent as the company said it’s shutting down its platform and ...

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Cryptocurrency Daily Roundup

South Korean authorities have slightly eased their stance against cryptocurrencies as recent comments from the government suggested that a proposed ban on digital currency exchanges is not likely in the near future. The Singapore central bank chief was positive regarding ...

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Cryptocurrency Daily Roundup

Cryptocurrency prices have rebounded after the fears of a severe crackdown by South Korean authorities waned as comment’s from the country’s finance minister suggested that the proposal to ban digital currency exchanges need more consultations and would take lot of ...

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UK Retail Sales Fall Most Since Mid 2016

UK retail sales in December declined more-than-expected from the previous month when consumers were lured by Black Friday promotions, data from the Office for National Statistics revealed Friday. Retail sales volume dropped by a more-than-expected 1.5 percent from November, when ...

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