M Rudi Kurniawan

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Morgan Stanley Warns Of "Real Pain" If Chinese Currency Keeps Devaluing

The seemingly incessant strengthening trend of the Chinese Yuan (much as with the seemingly inexorable rise of US equities or home prices) has …

Mt Gox Files For Bankruptcy After $473 Million In Bitcoins "Disappeared"

by williambanzai7 - Nov 30, 2017 9:39 AM<p>LOL!<p>Wait.. what??<p>Remember how the Fed, ECB and others all claimed ZIRP and QE were about generating economic …

Revised Q4 GDP Tumbles 26% From Initial Estimate To 2.4%; Personal Consumption Hit

So much for that blow out initial estimate of Q4 GDP that had annualized GDP at 3.2%. One month later and the number has been cut by 25% to 2.4% …

Economy

Zuckerberg on Snapchat Acquisition: Nope. I'm Done for Awhile

Mark Zuckerberg had a simple message for anyone wondering whether Facebook still wanted to buy Snapchat: Don't hold your breath.<p>During a keynote …

Bangladesh factory collapse: big brands urged to pay into help fund

Primark, Matalan, Walmart, Benetton and JC Penney among 22 of 27 brands still to contribute after Rana Plaza disaster<p>Only five of the 27 global clothing brands linked to the Bangladesh factory that collapsed last year with the loss of 1,138 lives have committed to paying into a compensation fund …

Regulator sounds alarm on bitcoin

While plenty of consumers and investors ponder both the value and future of bitcoin, one U.S. state securities regulator is warning about dealing …

Asian shares higher, led by Wall Street

Japanese stocks led Asia higher on Tuesday, with the Nikkei rising above the 15,000 mark, while Australian stocks hit their highest level since June …

Corruption across EU 'breathtaking' - EU Commission

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/world/1049000/1049522_h264_1500k.mp4?__gda__=1518418459_535993e8edf70260799a9c05638eabf8<p><b>The extent of corruption in Europe is "breathtaking" and it costs the EU economy at least 120bn euros (£99bn) annually, the European Commission …

Europe

Why young Wall Street bankers are so miserable

Over a few beers after work one spring evening, two junior Goldman Sachs employees started contemplating the best ways to kill themselves.<p>“If the goal is, like, how do I inflict maximum psychological damage, then I think just going up to your desk and blowing your brains out in the middle of the …

Occupy Wall Street

Top business books of 2013

The best business book of the year echoes the work of powerhouse author Jim Collins (<i>Good to Great</i>), although it lacked the same buzz. But it went one better than Mr. Collins, boiling down success to just three rules. And, oh yeah, like Mr. Collins's work, it turns some of our cherished management …

Viral