Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Any item or verifiable record that fulfils these functions can be considered as money.
  • Fed's Shift Eases Pressure on Asia's Financial Conditions

    Fed's Shift Eases Pressure on Asia's Financial Conditions

    The Bloomberg Asia ex-Japan Financial Conditions Index, which moves inversely to financial stress in money, bond and stock markets, is at its easiest in four months. Last year, the index showed conditions at the tightest since 2015 amid rising interest rates and corporate borrowing costs and slumping stock markets.

  • Reuters

    Fresenius Medical Care plans 1 bln eur share buyback

    Fresenius Medical Care, the world's biggest provider of dialysis services, signalled a return to profit growth from 2020 on Wednesday and said it would buy back shares worth 1 billion euros ($1.13 billion) over the next two years. FMC, which has been burdened by a lower percentage of its patients on higher paying insurance schemes and contributions to campaigns to lobby against state ballot initiatives, said it expects adjusted sales growth of between 3-7 percent in 2019.

  • Reuters

    South Africa's EOH Holdings CEO Asher Bohbot to resign

    EOH Holdings, South Africa's largest technology group, said on Wednesday founder and Chief Executive Officer Asher Bohbot would be resigning from the board effective Feb. 28. Bohbot, who has been with ...

  • Boardwalk REIT (BOWFF) Scheduled to Post Quarterly Earnings on Thursday
    The Cerbat Gem

    Boardwalk REIT (BOWFF) Scheduled to Post Quarterly Earnings on Thursday

    Boardwalk REIT (OTCMKTS:BOWFF) is set to announce its earnings results after the market closes on Thursday, February 21st. OTCMKTS BOWFF opened at $30.69 on Wednesday. The firm has a market cap of $1.41 billion, a P/E ratio of 18.76 and a beta of 0.88. Boardwalk REIT has a 1 year low of $27.61 and a 1 year high of $39.65. Separately, ValuEngine upgraded shares of Boardwalk REIT from a “hold” rating to a “buy” rating in a research report on Wednesday, October 24th. COPYRIGHT VIOLATION NOTICE: This piece was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States and

  • GlobeNewswire

    SCOR : Jean-Paul Conoscente is promoted to Chief Executive Officer of SCOR Global P&C and will join SCOR's Executive Committee

    SCOR announces the appointment of Jean-Paul Conoscente, currently CEO of Reinsurance at SCOR Global P&C, as Chief Executive Officer of SCOR Global P&C. Jean-Paul Conoscente will also join the Group`s Executive Committee. This appointment is effective April 1, 2019.


    Blockchain Holdings Announces Closing of Private Placement

    TORTOLA, BRITISH VIRGIN ISLANDS / ACCESSWIRE / February 20, 2019 / Blockchain Holdings Ltd. (the "Company") (BCX) is pleased to announce that further to its news release dated January 23, 2019, it has closed a non-brokered private placement of 445,570 shares (the "Shares") of the Company at a price of $0.50 per Share for gross proceeds of $222,785. The securities issued pursuant to the private placement is subject to the statutory four-months and one day hold period as prescribed by regulatory authorities. The proceeds of the Offering will be used for the development of proprietary indexes and ancillary data products for emerging blockchain and digital currency markets, and for working capital and general corporate purposes .

  • GlobeNewswire


    20 February 2019 FULL YEAR 2018 RESULTS Resilient results despite the impact of strikes and fuel bill increase FULL YEAR 2018 More than 100 million passengers carried, the leading European group for long-haul ...

  • Football Fans in Poland Raise More Than $1 Million for Ailing Team

    Football Fans in Poland Raise More Than $1 Million for Ailing Team

    When a 112-year-old Polish soccer club with 13 national championship titles teetered dangerously close to bankruptcy, its fans stepped in with funding. Wisla Krakow SA supporters turned equity investors, saving their beloved team and boosting an emerging niche capital market in the process. They drummed up 4 million zloty ($1.1 million) between 9,129 investors who bought 40,000 shares in less than two days earlier this year, using the Beesfund crowdfunding platform. The fast-track raising has attracted other sports teams, said Beesfund Chief Executive Officer Arkadiusz Regiec. The clubs are adding to Beesfund's roster of clients, which before Wisla Krakow's fan-led revival was similar to the

  • Nasdaq Says Brexit Turmoil Is Diverting IPO Traffic to Nordics

    Nasdaq Says Brexit Turmoil Is Diverting IPO Traffic to Nordics

    Companies planning share sales are increasingly turning away from London and instead looking at Nasdaq Inc.'s Nordic markets, according to the New York-based exchange operator. Lauri Rosendahl, the chief executive officer of Nasdaq Nordic in Stockholm, says that “more than 10 percent of all the companies that we now talk to about a potential listing are non-Nordic. A year ago it was maybe 5 to 7 percent.” The development comes as businesses grow increasingly worried about the fallout of Brexit as Britain's planned departure from the European Union moves closer, with no path to a proper exit deal in sight. Rosendahl says interest is coming from firms based in Ireland, among others. When it comes

  • Business Wire

    HealthStream Announces Fourth Quarter & Full-Year 2018 Results

    HealthStream, Inc. , a leading provider of workforce and provider solutions for the healthcare industry, announced today results for the fourth quarter and full-year ended December 31, 2018.

  • NAB CEO Andrew Thorburn got the 'harsh' treatment he deserved, say experts
    Australian Financial Review

    NAB CEO Andrew Thorburn got the 'harsh' treatment he deserved, say experts

    Need for board and executive accountability Governance expert Dean Paatsch of Ownership Matters noted the bank had the right to grant Mr Thorburn a portion of his long-term and short-term incentives but had decided against it. "In the strange world of executive pay, that's harsh treatment," Mr Paatsch said. The Australian Council of Superannuation Investors CEO Louise Davidson said the organisation, which provides advices on governance issues to 39 institutions with $2.2 trillion in assets, hoped to see a greater level of executive accountability in the future. "All potential incentives have been cancelled and our understanding is that Andrew Thorburn will be paid no more than his statutory entitlements.


    Gold Prices Little Changed Ahead of Fed Minutes - Gold prices were little changed on Wednesday in Asia while the U.S. dollar was also flat. The Federal Open Market Committee is scheduled to release the minutes from its last rate-setting meeting later in the day.

  • The Economic Times

    XpressBees raises Rs 35 crore from InnoVen Capital

    NEW DELHI: Logistics company XpressBees has raised Rs 35 crore in venture debt financing from InnoVen Capital, the Temasek backed speciality lending firm. Operated by BusyBees Logistics Solutions, XpressBees started out as the logistics arm of SoftBank-backed omni-channel baby and mother care retailer FirstCry, before being spun off as a separate unit in 2015. The seven-year-old venture provides end-to-end ecommerce-focused logistics services, offering clients services such as real-time tracking, multiple payment collection and processing options. The company claims to have a presence in over 1,155 towns and cities, serving more than 10,000 pin codes, utilising its 53 hubs and over 1,300 service

  • The heart of Pandora's woes stem from common problems in physical shops
    Yahoo Finance UK

    The heart of Pandora's woes stem from common problems in physical shops

    Pandora's chief financial officer Anders Boyer details the company's two-year turnaround plan in an exclusive interview.

  • The Economic Times

    Any positive news could tilt mkt back above earlier tops: Mehta

    What is your assessment of the equity markets? Is the volatility going to be rather prolonged and continue until elections or is there some sort of silver lining in sight? We do not have firm handle on politics. Markets will remain range-bound and as we get into the election season, it will react more and more to political news flow, alliances, exit polls statements made and any new discovery. The entire attention will shift from the markets to elections and that will certainly have an impact on the sentiment. Apart from that, there is global uncertainty as well over the US-China spat and inching crude prices. We are in a bit of a flux as far as the news flow is concerned and that is going to