Posts From Richard W

Richard W

Richard W

Richard is the guy who know everything there is about the financial industry, working in a top firm for over 15 years, he will give the lowdown on some of the biggest companies in the world

Fitch Reiterates Japan’s ‘A’ Rating, Issues Weak Outlook

  The Japanese yen strengthened against the greenback yesterday and rating agency, Fitch, left the country’s sovereign rating unchanged. However, the outlook issued by the rating agency was not impressive. The lower-than-anticipated trade data reported earlier today also fueled the

Read More

Brazil Coffee Farming Co-op to Issue a Coffee-Backed Token

  The cryptocurrency market is trading mixed after undergoing a minor price correction last weekend. Bitcoin (BTC) has rebounded after touching a low of about $10,250 but is yet to cross 13,250, which acts as a crucial resistance level. At

Read More

Uber Health & Blockchain Firm Partner For Patient Transit

  The cryptocurrency market has entered into a correction mode in the past 24 hours after Bitcoin (BTC) failed to break above 13,250, which is now turning into a major resistance level. Profit booking may also be the reason for

Read More

Deutsche Bank To Undergo Restructuring, Big Names Exit

  At the end of July, Deutsche Bank Aktiengesellschaft’s (NYSE: DB) investment banking chief Garth Ritchie will exit from the board but will continue to offer consultation to Deutsche Bank until the end of November. Although the resignation appears to

Read More

Hapag-Lloyd To Use Blockchain Tracking Platform TradeLens

  The cryptocurrency market reversed trend yesterday after remaining in a correction mode for nearly five trading sessions. Bitcoin (BTC), as usual, was the main driver behind the price recovery. Bitcoin has gained 6.7% in the past 24 hours to

Read More

Yuan Up as US-China Agree To Resume Trade Talks

  The US-China trade talks that got suspended last month have unexpectedly resumed after President Donald Trump had a one-on-one meeting on Saturday with his counterpart Xi Jinping on the sidelines of the G20 conference in Osaka, Japan. Furthermore, the

Read More

Opera Unveils Crypto-Ready Browser for iOS Devices

Video URL The cryptocurrency market is undergoing a mild price correction after rallying for the past two days. Notably, Bitcoin (BTC) continues to stay in green with a gain of 7.3% in the last 24 hours and 38% in the

Read More

Chevron Phillips Bids $15bln to acquire Nova Chemicals

  Chevron Phillips Chemical Co., a petrochemical industry jointly owned by Chevron Corporation (NYSE: CVX) and Phillips 66 (NYSE: PSX) has evinced interest to take over Calgary, Canada-based Nova Chemicals for over $15 billion, including debt. The potential takeover signals

Read More

IBM Unveils Multi-cloud Supporting Blockchain Platform

  The cryptocurrency market continues to gain ground steadily against the greenback. Bitcoin (BTC) has gained 1.9% in the last 24 hours to trade at $9,337.  Similarly, Litecoin (LTC), which will undergo halving of mining reward in August, has inched

Read More

Online Pet Retailer Chewy Shares Gain 59% in Market Debut

  On the first day of listing, shares of Chewy, Inc. (NYSE: CHWY) jumped 59.05% or $12.99 to close at $34.99, reflecting a market capitalization of $14.35 billion for the online pet products retailer. Notably, that figure is four times

Read More