IBM's earnings indicate tech spending picking up

(AP) -- IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding after the recession.

How the 'Kimchi premium' on crypto affects overseas remittances

The "Kimchi premium" is a term used to refer to the gap between the price of bitcoins in South Korean versus Western exchanges. This difference, which was first observed in 2016, is caused due to the high demand for a limited ...

Stock market returns track the strength of the dollar

A new paper in Oxford Open Economics, published by Oxford University Press, shows that the US dollar can be considered as a major global factor that investors look at when making their portfolio allocation decisions in stock ...

Decrypting cryptocurrencies

Cryptocurrencies have been treated as a financial terra incognita—they have enjoyed growing interest but also raised concerns due to their virtuality. The use of statistical methods utilizing correlation matrices to analyze ...

Caribbean gets smart to cope with hurricanes

After monster Hurricane Irma annihilated the farm sector of Barbuda in 2017, growers got smart: among other changes, they moved their crops to higher ground.

US central bank to study Facebook virtual currency

The US Federal Reserve has created a "working group" that is coordinating with government agencies and other central banks to consider the implications of Facebook's planned virtual currency Libra, chairman Jerome Powell ...

Cyber attacks cost $45 bn in 2018 as ransomware hits hard

An estimated two million cyber attacks in 2018 resulted in more than $45 billion in losses worldwide as local governments struggled to cope with ransomware and other malicious incidents, a study showed Tuesday.

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