Author: Ryan Browne

World’s largest printer of money is running out of money

Despite the rise in digital payments, cash is still king in uncertain times — but who’s going to print it? In the United States, the task of printing money and minting coins falls to the Bureau of Engraving and Printing, which is part of the Treasury Department. But in the United Kingdom, a private company…
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Hong Kong’s Festival Walk mall working towards 2020 reopening

Hong Kong’s Festival Walk shopping mall is working towards either a partial or full opening by March next year, after it suffered extensive damage during protests last month. “All efforts are being made to re-open the mall as soon as possible,” said the manager of Singapore-listed Mapletree North Asia Commercial Trust (MNACT) on Wednesday (Dec…
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There’s another reason behind bitcoin’s 200% rise this year — it’s got nothing to do with Facebook

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…
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