Month: June 2019

Bitcoin has been on a tear this year, rising almost 200% since the start of the year. There are multiple theories as to why, and one in particular is gaining traction. It’s being called “the halvening”, an event where the rewards to so-called bitcoin miners are cut in half. To understand what that means, it’s important…
Read more

Some of the 482 funds in the Forbes Closed-End Fund Ratings are great buys. Most are dreadful places to put money. This article explains how to distinguish the good from the bad. We scored closed-end funds on two metrics: past performance and cost. The performance grade is based on a simple comparison of ten-year results (for the…
Read more

Facebook CEO Mark Zuckerberg has held talks with his old rivals the Winklevoss twins as the social media giant plans to launch its own cryptocurrency, the Financial Times reported. Facebook has held talks with cryptocurrency exchanges Gemini, which was founded by the Winklevoss twins, and Coinbase, the newspaper said Thursday, citing sources. The company is reportedly working on…
Read more

As trade talks between the U.S. and China increasingly center on Chinese treatment of foreign companies, Beijing says major American complaints about structural aspects of its economy are running up against “core interests.” The implication: Those matters are not up for negotiation. Previously, the vague “core interest” term was generally understood as referring to Beijing’s territorial claims,…
Read more

In mid-November, Kylie Jenner marked a milestone moment with a visit to a strip mall. For the past three years, her Kylie Cosmetics had only sold its makeup online and briefly in pop up shops. But after signing an exclusive distribution deal with Ulta, the beauty retailer, Kylie Cosmetics was rolling its $29 lip kits—a matte liquid lipstick…
Read more

Dear emerging markets fund manager: If you think the trade war is ending this year, I want my money back. China is returning to its subsidy playbook and plans on subsidizing companies hit by tariffs. The latest recipient is tech companies, according to an article in the South China Morning Post on Friday. State subsidies to favored industries were a key…
Read more

Want half a share of Apple, or bitcoin alongside protective puts? The investing, trading and wealth management firms on Forbes’ Fintech 50 2019 offer more than just the services once exclusive to big banks and traditional financial firms. They’re tapping into markets by merging new tricks with the old. Take, for example, the maturing roboadvisor market as it embraces the human side of…
Read more

If you are thinking about starting your own organization, then you might have considered the possibility of establishing it as an offshore company. An offshore company offers benefits that regular companies cannot match. Before you decide what kind of organization to establish, you should learn a bit about how starting an offshore company might benefit you.…
Read more