SEOUL, May 2 (Yonhap) — Samsung BioLogics, a biopharmaceutical unit of South Korea's top conglomerate, Samsung Group, on Wednesday denied having violated accounting rules, saying that the company made no illicit profits. The country's financial regulator, Financial Supervisory Service (FSS),
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Read More: Saudi Arabia Is Said to Signal Ambition for $80 Oil Price. “This expected acceleration in growth is not a free lunch –- the government is picking up the bill,” said Ziad Daoud, chief Middle East economist for Bloomberg Economics. “The old model of an economy driven by government spending
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Volatility might be off the floor in equity markets, but in the crypto world it's heading down to levels not seen since last fall. The spread between Bitcoin's daily high and low price has trended back toward $100. That's a steep drop from December, when prices saw a record swing of about $4,700 in a single
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Those selling points could convince other financial firms to leave New York, Dennis Gartman, author of the Gartman Letter, said in a radio interview on “Bloomberg Surveillance” with Tom Keene. “This is a seminal shift,” Gartman said, “If AllianceBernstein is capable of moving and is going to make the
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“You think about the second half of the year, Treasury has a ton of debt to get out there, and pretty quickly it needs to ramp up issuance sizes even more than today” in maturities of five-years and greater, Mike Schumacher, head of rates strategy at Wells Fargo Securities, said on Bloomberg TV.
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