Ecommerce news
How your brain prevents you from making winning gambles
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Women can design a diamond ring of their dreams on eBay worth up to $25,000
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Make a living from investment game program playing – myth or reality?
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 A new research conducted by Benedetto De Martinoa of the California Institute of Technology in Pasadena and University College of London and colleagues and reported in the Proceedings of the National Academy of Sciences revealed the reasons of why people fear to lose money and thus abstain from participating in a winning gamble.
"Laboratory and field evidence suggests that people often avoid risks with losses even when they might earn a substantially larger gain, a behavioral preference termed 'loss aversion'," they wrote.
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 The global online marketplace eBay in association with BRIDES magazine on engagement, weddings and marriage, are launching "Build Your Bling" contest for women across the country who are invited to create the design of the diamond ring they dream of. At stake is the opportunity to be awarded with the one-of-a-kind rock and ring they designed worth up to $25,000.
The ring is designed via the eBay Diamond Ring Designer. The eBay Diamond Ring Designer delivers access to certified, conflict-free loose diamonds and gorgeous ring settings available on eBay.
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 Can you really make a living from investment game program playing? We get asked that question a lot. And it is a legit question. A good question indeed. With the current economy the way it is and so many people getting laid off from their daily jobs, it is no wonder that everyone is looking to alternative ways of making money or as a part time income especially via online from the comfort at home. One that do not involve depending on someone else to hand you a pay check month after month and you being at their mercy.
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Gold steadies above $1,060 despite worries over Europe fiscal stability
Tuesday, bullion prices hovered $1,060, however, sentiment continued to be hurt by worries over fiscal stability in Europe, curbing appetite for riskier assets such as commodities. The gold market's recovery from 3-month lows hit last week has been limited due to technical selling and fund liquidation amid an uncertain economic forecast.
Spot gold rose slightly by o.1% to $1,063.50 per ounce as of 1:38 GMT, compared to New York's notional close of $1,062.80.Read more
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Forex trends: gaining vs yen, buck’s sliding vs European majors
During early Asian session Tuesday, the greenback revealed mixed presence against its major counterparts. While the dollar gained against the yen, it edged down versus the euro and the pound. Against the Swiss franc, the dollar firmed in early trading but reversed the uptrend direction around 7:55 pm ET.Read more
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Forex trends: yen slips uncommonly amid stock market drop
Early on Tuesday in Asia, the Japanese unit lost ground despite most of the Asian stocks fell.
Generally, if stocks decline, the yen tends to gain on Japan's low interest rate and vice-versa. After a weak start and a subsequent recovery from lower levels, the Japanese stock market is plummeting again Tuesday with investors pressing sales amid concerns over the impact of euro zone's sovereign debt woes on the global economy.Read more
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Payvision helps Sino Payments in merchant portfolio expansion
Payvision, an international payment solutions provider for the card-not-present marketplace, has entered into a partnership with Sino Payments, Inc. for credit and debit card merchant accounts.
As Payvision offers card-not-present processing services via its secure, PCI-compliant platform for all major credit cards as well as effective alternative payment solutions, Sino will be able to access efficient and convenient international processing solutions that will add tremendous value to the merchant services they offer.Read more
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New move to control Internet in China: government cracks down on online gambling
In another move to take as strict control over the online content as possible China announced the war against online gambling industry including the banks and websites that support it, the Ministry of Public Security said in a statement.
The statement says that the campaign will "concentrate on investigating major and important cases of online gambling, knock out domestic and foreign groups that organize online gambling, and severely punish the criminal elements.”Read more
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Bayes-fc bias and scam
This is a scam investment game program which is known as bayes-fc and the admin tries to influence people to join his scam and biasly claims that Bayes Finance Center is a private online investment program and they are working with qualified forex traders from different countries of the world.
This program has been running since December last year and offers hourly and daily plans which are 105% every six hours within 1 day, 112% every 12 hours within 2 days, and 120% daily for 3 days. According to the reports we received, this program has stopped paying since 5 days ago.Read more
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Car loans no longer interest Citi who sells a $3 billion portfolio
In a move to clear its balance sheet of the troubled assets Citigroup held negotiations with some private equity groups and hedge funds. Citi wants to sell its of $3 billion in car loans, according to the report by the Financial Times.
It is supposed that Citi offered to provide the buyers of the loans with financing for a few years after the sale.
However, in view of no boom at the market for securitized bonds, which are backed by cash flow from loans, these assets were less attractive, as noted by several private equity groups and hedge funds.
Read more
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US may lose triple-A status? "That will never happen to this country”, Geithner
In response to Moody’s last week statement that anemic U.S. growth, on top of already stretched government finances, could put pressure on the country triple-A status, the U.S. Treasury Secretary Timothy Geithner said that while we should expect slow and uneven recovery of the American economy the risk that it will slip back into recession is lower now than at any time in the past year.
Geithner dismissed concerns that rising U.S. indebtedness might put pressure on the United States' prized triple-A credit rating.Read more
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