The last meeting of the US Federal Open Market Committee for Janet Yellen (she leaves the post of regulator on February 3) was held without surprises. The key rate was kept in the range of 1.25-1.5% per annum. Market participants are waiting for the first this year rate hike in March, while further investors and analysts expect to maintain a relatively soft monetary policy. The US Federal Open...

Such a January has not been observed for nearly two decades, since the dotcom boom. The total volume of mergers and acquisitions in the first month of the year has almost reached 300 billion dollars. According to financial analyst company Dealogic, the total amount of mergers and acquisitions of companies (M&A) on the planet reached $ 273 billion in January 2018, and this is the record for...

The spread of electric vehicles in the world will lead to the fact that oil producers will share a much smaller market. At the same time, the OPEC and Russia will have to rebuild the economy, fight for markets and reduce oil prices, says Peak Oil Demand and Long-Run Oil Prices, a report of the Oxford Institute for Energy Studies. Spencer Dale, chief economist for BP oil company, and Bassam...

London turned out to be the most expensive European city for renting a standard family three-room house of the middle class. However, rent here is three times higher than in other cities in the UK, as evidenced by recent research. So, a house in the UK capital will cost an average of £ 5,398 per month, which is £ 3,693 more expensive than the average monthly rent in Europe. As for the other big...

10% of the funds raised in the initial placement of tokens (ICO) are either stolen or lost as a result of hacker attacks, Reuters reports citing Ernst & Young (EY). The company analysed around 380 ICOs and discovered that about $ 400 mln of the attracted $ 3.7 bln were stolen. The most widely used hacking technique for ICO was phishing. Hackers steal nearly $ 1.5 million in proceeds from...

Partially stopped work of the government and all US public services is forcing investors to increase the share of protective assets in their portfolios. The total assets of exchange gold funds reached 2,250 tons, and this is the highest value since May 2013. The demand of institutional investors, as well as the weakening of the dollar, support the growth of gold quotations. The assets of exchange...

Data on bad debts in China, which analysts and investors have long considered to be underestimated, once again tuned put to be doubtful after the bank regulator disclosed false reporting of a local lender, reports Bloomberg. The Banking Regulatory Commission of China (CBRC) said that the Shanghai Pudong Development Bank Co., the country's ninth largest lender, located in Chengdu (a city in the...

China intends to put an end to mining of bitcoins in the country due to concerns about excessive electricity consumption and financial risks. A specific working group obliged authorities of the country's provinces to promote stopping of mining by local companies, said the document. Earlier, China has already closed local bitcoins exchanges and has forbidden companies to conduct initial placement...

The New York Journal told about "imminent consequences" of global warming for the planet. Its article begins with an ominous phrase: "Everything will be much worse than you think." According to the American publication’s forecast, the temperature in New York will be higher than in today's Bahrain, an unprecedented drought will cover the main agricultural regions, permafrost will cover Siberia,...