Business Archives - Page 33 of 33

Finance Minister puts brakes on Cryptocurrencies pending Bank Negara decision

26Nov

By Webmaster IKON MalaysiaNo Comments

Business, Finance, Innovation/ Technology

Finance Minister puts brakes on Cryptocurrencies pending Bank Negara decision

Finance Minister Lim Guan Eng has put the brakes on those seeking to create cryptocurrencies, pending the final word from Bank Negara Malaysia. The response by Malaysia’s finance minister came as intense debate rages over the Harapan Coin which has been dubbed the first political fundraising platform in the world to use blockchain technology. During Monday’s parliamentary debate an MP again raised the issue saying the Harapan project had generated hundreds of U.S. dollars despite not having received the approval of BNM. “We need to be cautious as Bank Negara is the authority that handles and manages all forms of new currency technology. “This is where I wish to advise all parties, no matter who they are, intending to issue bitcoins or cryptocurrency, that they must refer to Bank ...

WHOOPS: American Airlines without pilots for Christmas after scheduling system glitch

17Aug

By Webmaster IKON MalaysiaNo Comments

Business, Leadership

WHOOPS: American Airlines without pilots for Christmas after scheduling system glitch

Bitcoin cash, the cryptocurrency that split off from bitcoin earlier this year, jumped against the dollar on Friday. Investors have cash to burn right now, and based on the astronomical performance of cryptocurrencies like bitcoin and Ethereum, that's where a lot of it is getting funneled. This is coming at the expense of gold, says Tom Lee, the managing partner and head of research at Fundstrat Global Advisors. In fact, he thinks that the growing preference for the cryptocurrencies over gold is actually helping contribute to the torrid gains in the fledgling products. One main factor driving demand for cryptocurrencies is the reduction in supply that's been seen in recent months, according to Lee. He notes that the rate of bitcoin units added has been more than halved over the past ...

Steve Ells departure as CEO from Chipotle could be just what the beleaguered restaurant needs

17Aug

By Webmaster IKON MalaysiaNo Comments

Business, Leadership

Steve Ells departure as CEO from Chipotle could be just what the beleaguered restaurant needs

Bitcoin cash, the cryptocurrency that split off from bitcoin earlier this year, jumped against the dollar on Friday. Investors have cash to burn right now, and based on the astronomical performance of cryptocurrencies like bitcoin and Ethereum, that's where a lot of it is getting funneled. This is coming at the expense of gold, says Tom Lee, the managing partner and head of research at Fundstrat Global Advisors. In fact, he thinks that the growing preference for the cryptocurrencies over gold is actually helping contribute to the torrid gains in the fledgling products. One main factor driving demand for cryptocurrencies is the reduction in supply that's been seen in recent months, according to Lee. He notes that the rate of bitcoin units added has been more than halved over the past ...

Best gadgets for shoppers on a budget, from Bluetooth headphones to a Fire TV stick

17Aug

By Webmaster IKON MalaysiaNo Comments

Business, Lifestyle

Best gadgets for shoppers on a budget, from Bluetooth headphones to a Fire TV stick

Bitcoin cash, the cryptocurrency that split off from bitcoin earlier this year, jumped against the dollar on Friday. Investors have cash to burn right now, and based on the astronomical performance of cryptocurrencies like bitcoin and Ethereum, that's where a lot of it is getting funneled. This is coming at the expense of gold, says Tom Lee, the managing partner and head of research at Fundstrat Global Advisors. In fact, he thinks that the growing preference for the cryptocurrencies over gold is actually helping contribute to the torrid gains in the fledgling products. One main factor driving demand for cryptocurrencies is the reduction in supply that's been seen in recent months, according to Lee. He notes that the rate of bitcoin units added has been more than halved over the past ...

Paul Ryan: Senate will have to take lead on scrapping Obamacare individual mandate in the tax bill

17Aug

By Webmaster IKON MalaysiaNo Comments

Business, Lifestyle

Paul Ryan: Senate will have to take lead on scrapping Obamacare individual mandate in the tax bill

Bitcoin cash, the cryptocurrency that split off from bitcoin earlier this year, jumped against the dollar on Friday. Investors have cash to burn right now, and based on the astronomical performance of cryptocurrencies like bitcoin and Ethereum, that's where a lot of it is getting funneled. This is coming at the expense of gold, says Tom Lee, the managing partner and head of research at Fundstrat Global Advisors. In fact, he thinks that the growing preference for the cryptocurrencies over gold is actually helping contribute to the torrid gains in the fledgling products. One main factor driving demand for cryptocurrencies is the reduction in supply that's been seen in recent months, according to Lee. He notes that the rate of bitcoin units added has been more than halved over the past ...