Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights Those Russia-linked Facebook ads are more than just a reason for concern — they could play an important role in one of the largest investigations in recent memory. CNN sources understand that Facebook has supplied the ads and “related information” to special counsel Robert Mueller and team after they obtained […]

Ford Motor Company (NYSE:F) HEFFX Highlights

Ford Motor Company (NYSE:F) HEFFX Highlights

Ford Motor Company (NYSE:F) HEFFX Highlights Seven years worth of Ford Motor Co.’s most-popular SUV model are a step closer to recall in the U.S. over mounting reports of exhaust fumes leaking inside. The National Highway Traffic Safety Administration has taken an interim step toward prompting the recall of 1.3 million 2011-2017 Ford Explorers, including […]

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights Facebook Inc (FB, -1.24%) this week stopped advertisers from targeting messages to people interested in topics such as “Jew haters ” and “how to burn Jews” after journalists inquired about it, the news organization ProPublica reported on Thursday. ProPublica, a nonprofit out let based in New York, said it found […]

Australian Dollar Outlook

Australian Dollar Outlook

Australian Dollar Outlook Christina Parthenidou, XM Investment Research Desk Last week the Reserve Bank of Australia decided to hold cash rates at a record low of 1.5% and maintained its optimism about the future economic performance of the country, the Australian Bureau of Statistics (ABS) published the GDP growth figures for the second quarter on Wednesday. These surprised […]

Brambles Ltd (BXB.AX) Soon To Outperform

Brambles Ltd (BXB.AX) Soon To Outperform

Needle moving action has been spotted in Brambles Ltd (BXB.AX) as shares are moving today on volatility -0.11% or $-0.01 from the open. The ASX listed company saw a recent bid of $9.34 and 2640000 shares have traded hands in the session. Market watchers diligently track the companies they think can do well to grow earnings. The goal is typically to discover […]

Woolworths Shares Not Worth Buying

Woolworths Shares Not Worth Buying

Is the Woolworths Limited (ASX: WOW) share price a bargain at $26? To understand and answer that question we need to know the difference between price and value. What are Woolworths shares worth? I run my own valuations on shares. You would need to take into account any growth from its supermarkets, liquor sales, cost-outs and competition. Currently, […]

Rio Tinto Expands Mining Farm

Rio Tinto Expands Mining Farm

Rio Tinto has formally opened its new $US338 million Silvergrass iron ore mine in Western Australia’s Pilbara region. The 10 million tonne per annual operation is the company’s 16th mine and represents the first new iron ore mine in Australia since the opening of Gina Rinehart’s Roy Hill mine. Rio Tinto chief executive Jean-Sebastien Jacques […]

ASX – $6.1 Million Loss For The Financial Year

ASX – $6.1 Million Loss For The Financial Year

Fractional property investment platform, DomaCom has reported a $6.1 million loss for the financial year ended 30 June. The company, which listed on the Australian Securities Exchange (ASX) in November last year and raised $7.3 million, said the result was still in line with its expectations and reflected its early stage position. At the same […]

Thailand’s Strong Baht and Stock Market Rally

Thailand’s Strong Baht and Stock Market Rally

Thailand’s strong baht and stock market rally are in line with economic fundamentals, the central bank governor said on Wednesday, as the currency hovered around 28-month highs against the U.S. dollar. The moves have been driven by stronger economic growth and easing political uncertainty, Veerathai Santiprabhob told reporters. Southeast Asia’s second-largest economy expanded a more […]

Qantas To Cut Costs For Tourism

Qantas To Cut Costs For Tourism

The West Australia government says Qantas’ 12-month trial of discounted airfares for residents in six regional towns is a response to the launch of a parliamentary inquiry. The government hopes it will lead to further cheaper intrastate flights. From November, Qantas will offer a discount of between 10 per cent and 30 per cent for […]

Fortescue Share Price Low

Fortescue Share Price Low

Although the market has bounced back from yesterday’s decline and is up 0.3% in morning trade, the Fortescue Metals Group Limited (ASX: FMG) share price and the Atlas Iron Limited (ASX: AGO) share price have sunk deep into the red. At the time of writing the shares of the two leading iron producers are down 2.5% and 5%, respectively. Why have […]

Rio Tinto Group Negotiating With Freeport

Rio Tinto Group Negotiating With Freeport

US mining giant Freeport McMoRan has signaled it believes a breakthrough agreement allowing it to continue operating a massive gold and copper mine in Indonesia will win the approval of Rio Tinto. Indonesian Energy and Minister Resources Minister Ignasius Jonan said on Tuesday that after “tough negotiations” Freeport had agreed to give up its majority stake […]

Telstra Struggling Business

Telstra Struggling Business

Telstra is expected to start considering the future of its struggling health business as it looks to cover its $3 billion revenue black hole and the forgone benefits of its NBN earnings secularization plan. Telstra has given guidance that a 22c dividend payment is likely in 2018 and Citi analysts forecast that will be made […]

Facebook Inc (NASDAQ:FB) HEFFX Highlighs

Facebook Inc (NASDAQ:FB) HEFFX Highlighs

Facebook Inc (NASDAQ:FB) HEFFX Highlighs Facebook Watch is barely out of the gate, but publishers are already trying to sell advertisers on sponsored shows on the fledgling video-viewing platform. Business Insider’s lifestyle brand Insider, for instance, has already premiered two shows for Watch, including “The Great Cheese Hunt” and “It’s Cool, But Does It Really […]

Commonwealth Bank – Australia’s Banking System Trust Damaged

Commonwealth Bank – Australia’s Banking System Trust Damaged

The Australian community’s trust in the banking system has been damaged in recent years, and CBA in particular has been negatively impacted by a number of issues that have affected the reputation of the bank. Treasurer Scott Morrison said there had been more than 12 compliance “issues” at the bank since 2008, and the board and […]

ASX – Pet Owners To Have Legal Cannabis In The Near Future

ASX – Pet Owners To Have Legal Cannabis In The Near Future

Pet owners may soon be one step closer to accessing medical cannabis as a pain-reliever for their furry friends thanks to CannPal, a Sydney-based pharmatech startup that is looking to raise $6 million when it lists on the Australian Securities Exchange later this year. CannPal wants to develop cannabis-based products to aid veterinarians in administering […]

IDR – Asain Currencies Drifting Low

IDR – Asain Currencies Drifting Low

Asian currencies drifted lower on Wednesday as the US dollar held onto its gains after upbeat retail sales data suggested the economy continued to gain momentum in the third quarter, reinforcing the possibility of another rate hike by the Federal Reserve this year. US retail sales recorded their biggest increase in seven months in July, […]

Trading Outlook – Sell EUR, Buy GBP

Trading Outlook – Sell EUR, Buy GBP

While we remain structurally bearish on GBP, we think EUR/GBP is due some mcorrection in the short-term. The cross is technically stretched with the 14-day RSI running above 80, a level it has reached only four times since 2008. Moreover, Bank of England pricing looks very dovish again with no hikes priced until late 2019. While we […]

JPY/USD – Japanese Economic Growth

JPY/USD – Japanese Economic Growth

The Japanese economy has been showing convincing signs of strength throughout the month of August. Despite softer than expected imports, Japan still managed to beat Q2 GDP expectations. Economic indicators like the PMIalso signal growth. However, despite the strong GDP outlook, Japan’s inflation rate remains dismally below the Bank of Japan’s targets, leaving the possibility of […]

EUR – Unemployment Down, Exchange Rate Up

EUR – Unemployment Down, Exchange Rate Up

The euro broke through the psychologically important $1.20 barrier against the U.S. dollar for the first time since January 2015 on Tuesday, a move that could help cement the shared currency’s newfound role as a global haven unless the European Central Bank intervenes. The shared currency has strengthened more than 14% against a broadly weaker […]

AUD Under Pressure As North Korea Conducts Another Missile Test

AUD Under Pressure As North Korea Conducts Another Missile Test

The Australian dollar has fallen sharply in early Asian trade on Tuesday following news that North Korea has conducted another missile test. Before the news of this latest missile test, the AUD/USD had risen to as high as .7973, a four-week high. That move was driven by broad-based US dollar weakness, continuing the move seen late […]

Facebook Inc (NASDAQ:FB) Trying To Fight Fake News? Or Real News?

Facebook Inc (NASDAQ:FB) Trying To Fight Fake News? Or Real News?

Facebook Inc (NASDAQ:FB) Trying To Fight Fake News? Or Real News? Facebook says it’s taking another step against Pages that share fabricated news stories. The company has already been working with outside fact-checkers like Snopes and the AP to flag inaccurate news stories. (These aren’t supposed to be stories that are disputed for reasons of […]

Facebook Inc (NASDAQ:FB) Privacy Concerns With Amazon Echo Competitor

Facebook Inc (NASDAQ:FB) Privacy Concerns With Amazon Echo Competitor

Facebook Inc (NASDAQ:FB) Privacy Concerns With Amazon Echo Competitor While developing its forthcoming video chat device for the home, Facebook has been haunted by its own reputation as a harvester of personal information. The company is currently building an Amazon Echo competitor with a screen that’s internally referred to as Aloha, according to people familiar […]

Keppel Corporation Limited (SGX:BN4) HEFFX Highlights

Keppel Corporation Limited (SGX:BN4) HEFFX Highlights

Keppel Corporation Limited (SGX:BN4) HEFFX Highlights Keppel AmFELS, which operates in the United States, has secured a contract worth over US$400 million (S$545 million) from Honolulu- based Pasha Hawaii for the construction of two container ships fuelled by liquefied natural gas (LNG). These LNG vessels will be built to Keppel’s proprietary design, with delivery of […]

Facebook Inc (NASDAQ:FB) Facial Recognition Raises Fear

Facebook Inc (NASDAQ:FB) Facial Recognition Raises Fear

Facebook Inc (NASDAQ:FB) Facial Recognition Raises Fear Facebook is developing a video chat device that can recognise users’ faces, according to a new report. The box is said to be similar to the Amazon Echo Show, and will feature a camera, touchscreen and speakers. However, a person familiar with the project says consumers have told […]

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights Facebook just put one of its most important execs in charge of hardware Facebook has put veteran executive Andrew Bosworth in charge of all consumer hardware Bosworth was most recently vice president of Facebook’s ads and business platform Facebook is reportedly building a video chat device, code-named ‘Aloha,’ it will […]

Singapore Straits Times Index (STI) Outlook

Singapore Straits Times Index (STI) Outlook

Singapore Straits Times Index (STI) Outlook STRAITS TIMES closed down -3.740 at 3,260.050. Volume was 8% below average (neutral) and Bollinger Bands were 29% wider than normal. Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bullish Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on […]

Ford Motor Company (NYSE:F) HEFFX Highlights

Ford Motor Company (NYSE:F) HEFFX Highlights

Ford Motor Company (NYSE:F) HEFFX Highlights Ford has announced a car and van scrappage scheme in a bid to get dirtier vehicles off the roads and boost its sales in the UK’s flagging car market. While other manufacturers, including Vauxhall and BMW, have launched scrappage schemes this year, Ford’s is unusual in allowing customers to […]

Malaysian Ringgit Trading In Singapore Outlook

Malaysian Ringgit Trading In Singapore Outlook

Bank Negara Malaysia (BNM) has clarified that Malaysian market participants are not allowed to engage in any offshore trading of the ringgit outside Malaysia. Governor Datuk Muhammad Ibrahim said the statement issued by the central bank objecting the introduction of the ringgit futures on the Singapore Stock Exchange was meant for Malaysians. “We want to […]

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights Facebook explained why it won’t let your parents read your messages, in a post in its Hard Questions series today about social networking after death. Facebook admits it doesn’t have all the answers, but it has come up with some decent solutions to some issues with what it calls Memorialized […]

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights Five customers of the Commonwealth Bank allegedly financed terrorism through six transactions using intelligent deposit machines, according to the financial intelligence agency AUSTRAC. AUSTRAC chief declined to declare confidence CBA was now complying with anti-money laundering laws Westpac, NAB and ANZ given an “all clear” Careful consideration given […]

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights The chief executive of one of Australia’s biggest banks will resign next year, as the lender struggles with accusations that criminals used its cash machines to launder nearly $35 million. Catherine Livingstone, chairwoman of Commonwealth Bank of Australia, said in a news release that Ian Narev, 50, who […]

Keppel Corporation Limited (SGX:BN4) HEFFX Highlights

Keppel Corporation Limited (SGX:BN4) HEFFX Highlights

Keppel Corporation Limited (SGX:BN4) HEFFX Highlights Keppel Land China is selling its entire stake in residential project Waterfront Residences in Nantong, China, said the firm on Thursday (Aug 16). The developer entered an agreement to sell its 100 per cent interest in Keppel Lakefront (Nantong) Property Development for 1.43 billion yuan (about S$292 million) to […]

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights Facebook updated its camera application on Tuesday with fun new features, including the ability to create GIFs and add filters to live broadcasts. They’re silly, but your kids might get a kick out of them. Unlike many of Facebook’s recent updates, this isn’t an obvious copy of any specific Snapchat […]

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights At long last, the buck at the Commonwealth Bank has finally stopped at the boss’ door. The AUSTRAC money laundering disaster was a scandal too far and something had to give. Ripping off customers in your financial planning and insurance divisions is one thing, putting the community at […]

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights The head of Australia’s Commonwealth Bank will step down by the middle of next year, the firm has said. Chief Executive Ian Narev will retire after six years at the helm of Australia’s biggest mortgage lender. It comes amid pressure from regulators over 53,700 alleged breaches of anti-money […]

Facebook Inc (NASDAQ:FB) Knew Of Snapchats Struggles Before Public

Facebook Inc (NASDAQ:FB) Knew Of Snapchats Struggles Before Public

Facebook Inc (NASDAQ:FB) Knew Of Snapchats Struggles Before Public Over the weekend the New York Times reported (paywall) that Facebook had stealthily released a photo-sharing app in the Chinese iOS App Store translated as “Colorful Balloons.” The news spread rapidly around English-language media, as it marked the first sign that the company is indeed attempting […]

Singapore is Still Growing

Singapore is Still Growing

Singapore is Still Growing Singapore’s economy grew much faster than expected in the second quarter, with a rebound in services suggesting a broader and more balanced recovery after a stumble early in the year. The economy grew 2.2% in April-June on an annualised and seasonally adjusted basis, rebounding from a revised 2.1% contraction in the […]

Facebook Inc (NASDAQ:FB) Wants To Produce Original Video Content

Facebook Inc (NASDAQ:FB) Wants To Produce Original Video Content

Facebook Inc (NASDAQ:FB) Wants To Produce Original Video Content FACEBOOK IS MOVING into short-form, professional video with Watch. It is a latecomer to the field, following similar moves by rivals such as Twitter, Snap, Spotify and Reddit. But Facebook could still wind up being a big winner. More than 30 partners, including A&E, Hearst, and […]

Ford Motor Company (NYSE:F) HEFFX Highlights

Ford Motor Company (NYSE:F) HEFFX Highlights

Ford Motor Company (NYSE:F) HEFFX Highlights Homeowners here are suing Ford Motor Co. for groundwater contamination at the transmission plant they say has damaged their property values and their “ability to use and enjoy their homes.” The suit comes after a recent settlement between Ford and the Michigan Department of Environmental Quality, in which Ford […]

Facebook Inc (NASDAQ:FB) Competing Against YouTube

Facebook Inc (NASDAQ:FB) Competing Against YouTube

Facebook Inc (NASDAQ:FB) Competing Against YouTube Facebook just announced a YouTube competitor called Watch Facebook Watch will let users discover videos outside their own feeds more easily It will also let users subscribe to content from providers such as Major League Baseball The YouTube competitor is rolling out to a limited audience now Facebook, Inc. […]

THB – ThaiBev To Buy KFC Restaurants

THB – ThaiBev To Buy KFC Restaurants

Thai Beverage, the spirits giant that makes Chang beer and SangSom rum, is expanding into the fast-food business to take advantage of the rising appetite for fried chicken in Asia. ThaiBev agreed to purchase more than 240 existing KFC restaurants in Thailand for about 11.3 billion Thai baht ($340 million). A deal is also in place for […]

Facebook Inc (NASDAQ:FB) Changes Terms On ‘Accidental Clicks’

Facebook Inc (NASDAQ:FB) Changes Terms On ‘Accidental Clicks’

Facebook Inc (NASDAQ:FB) Changes Terms On ‘Accidental Clicks’ Advertisers on Facebook’s Audience Network will no longer have to worry that they’re paying for users who accidentally clicked on their ads. I’m betting we’ve all had moments where we were scrolling or swiping or clicking through a website/mobile app and we ended up clicking on an […]

5.1b Ringgit To Oil Refinery In Malaysia

5.1b Ringgit To Oil Refinery In Malaysia

Hong Kong’s NewOcean Energy Holdings Limited said on Monday it planned to build a 5.1 billion ringgit (S$1.624 billion) petroleum refinery complex on Malaysia’s east coast along with two partners. NewOcean will partner Malaysia’s Kuantan Port Consortium Sdn Bhd and Malaysian east coast development body. This (refinery) will further strengthen the throughput’s that will go […]

Malaysian Ringgit (MYR) Against The Greenback

Malaysian Ringgit (MYR) Against The Greenback

On a Friday-to-Friday basis, the ringgit traded lower at 4.2970/3000 against the greenback from last 4.2920/2950 previously. However, the local note traded higher against other major currencies, except the euro. It appreciated versus the Singapore dollar to 3.1088/1123 from 3.1181/1220 last week, rose against the Japanese yen to 3.7799/7829 from 3.8328/8365 and advanced against the […]

UK Economy Has Dropped Since Brexit

UK Economy Has Dropped Since Brexit

Bank of England says Brexit and the uncertainty around it has already hit people’s incomes and is weighing down the economy. Households have cut back on spending and businesses on investment, slowing the economy’s growth. It comes as the Bank downgraded its forecasts for the British economy this year, just days after EU statistics indicated the eurozone […]

Thai Baht (THB) Capital Boost

Thai Baht (THB) Capital Boost

Singapore Technologies Electronics (ST Electronics) has increased the capital of its subsidiary, ST Electronics Thailand by THB 310 million (approximately SGD 12.6 million). This capital boost aims to support the expansion and growth of the company’s rail electronics business in Thailand, and will bring ST Electronics’ total share capital contribution in ST Electronics Thailand to […]

Facebook Inc (NASDAQ:FB) Moving Into Physical Devices

Facebook Inc (NASDAQ:FB) Moving Into Physical Devices

Facebook Inc (NASDAQ:FB) Moving Into Physical Devices Facebook Inc. is working on a video chat device for the home — the first major hardware product from its experimental Building 8 lab. Featuring a laptop-sized touchscreen, the device represents a new product category and could be announced as soon as next spring’s F8 developer conference, according […]

Facebook Inc (NASDAQ:FB) AI Created Its Own Language

Facebook Inc (NASDAQ:FB) AI Created Its Own Language

Facebook Inc (NASDAQ:FB) AI Created Its Own Language Facebook shut down a pair of its artificial intelligence robots after they invented their own, creepy language. Researchers at Facebook Artificial Intelligence Research built a chatbot earlier this year that was meant to learn how to negotiate by mimicking human trading and bartering. But when the social […]

Procter & Gamble Co. Quarter Net income at $2.22 billion

Procter & Gamble Co. Quarter Net income at $2.22 billion

Procter & Gamble Co. PG, +0.68% shares rose less than 1% in premarket on Thursday after the company reported fourth-quarter earnings that were above Wall Street expectations. Net income for the quarter came in at $2.22 billion, or 82 cents per share, compared to $1.95 billion, or 69 cents per share during the year earlier period. Adjusted earnings […]

Chinese Take Advantage Of Malaysia (MYR)

Chinese Take Advantage Of Malaysia (MYR)

Raising funds through Sukuk in Malaysia has been gaining traction among Chinese corporations. Over the last two weeks, Chinese corporations are seen raising funds through the Islamic bonds in Malaysia, which has positioned itself as Islamic funds hub. Last week, China-owned Edra Power Holdings’ solar energy unit Tadau Energy announced it had issued up to […]

Boral Negative Momentum Indications

Boral Negative Momentum Indications

Shares of Boral Ltd (BLD.AX) are on watch as the Tenkan Line has moved below the  Kijun line, indicating negative momentum for the equity.  Boral Ltd moved -0.03 in the most recent session and touched 6.89 on a recent tick. Traders are paying renewed attention to shares of Boral Ltd (BLD.AX). The current 14-day RSI is presently sitting at […]

Woodside Petroleum Capital Outlook

Woodside Petroleum Capital Outlook

With a market capitalization of USD $19.41 Billion, Woodside Petroleum Ltd (ASX:WPL) falls in the category of stocks popularly identified as large-caps. These are established companies that attract investors due to diversified revenue streams and capability to enhance total returns through dividends and buybacks. While value and historical performance are important in analyzing a company, […]

Australia and New Zealand Banking Group Focus On Domestic Operations

Australia and New Zealand Banking Group Focus On Domestic Operations

The Australia and New Zealand Banking Group (ASX: ANZ) share price is always worth considering in my opinion. ANZ is one of Australia’s big four banks and one of the biggest businesses in the country. ANZ has prospered over the last two decades due to Australia’s economic growth. ANZ was unique with its strategy after the GFC. It […]

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights Facebook could jumpstart its Snapchat clone by letting social media stars and public figures post Stories publicly. When Facebook Stories launched globally in March, you could only share to all their friends or a subset of them. Now if you allow public followers, you can post your Story publicly so […]

Commonwealth Bank of Australia (ASX:CBA) HEFFX Targets $100

Commonwealth Bank of Australia (ASX:CBA) HEFFX Targets $100

Commonwealth Bank of Australia (ASX:CBA) HEFFX Targets $100 HEFFX sets a target of $100 for Commonwealth Bank of Australia Commonwealth Bank of Australia is a provider of financial services, including retail, business and institutional banking, funds management, superannuation, life insurance, general insurance, broking services and finance company activities. The Company’s segments include Retail Banking Services, […]

Macquarie Group Executive Paid $18.8 Million

Macquarie Group Executive Paid $18.8 Million

Executive remuneration has raised eyebrows in the past, but the shareholder vote to endorse pay sailed through relatively unscathed despite talk of proxy advisors ISS pushing for a first strike vote on executive pay and the Australian Shareholders’ Association demanding greater transparency. Chief executive Nicholas Moore will retain his spot as Australia’s highest paid executive […]

Indonesian Rupiah (IDR) All Time Low

Indonesian Rupiah (IDR) All Time Low

Indonesia’s rupiah dropped to a 17-year low against the dollar on Thursday, pressured by slowing economic growth and high inflation in Southeast Asia’s largest economy. The rupiah fell 0.4 percent to 13,271 against the dollar, the weakest level since August 1998 when Indonesia was in the depths of a financial crisis that led to the […]

Malaysian Ringgit (MYR) Come Back

Malaysian Ringgit (MYR) Come Back

The Malaysian ringgit rebounded against the US dollar on Thursday (Jul 27), benefitting from the Federal Reserve’s decision to keep its interest rates low longer, a dealer said. At 6pm local time, the local unit stood at 4.2760/2790 against the greenback compared with Wednesday’s close of 4.2825/2865. The dollar fell to a 2-1/2 year low against the euro and a 13-month trough against […]

Facebook Inc (NASDAQ:FB) Releasing Facebook TV In August?

Facebook Inc (NASDAQ:FB) Releasing Facebook TV In August?

Facebook Inc (NASDAQ:FB) Releasing Facebook TV In August? Facebook TV is reportedly coming in two weeks, according to Bloomberg. TV partners are already being asked to submit the first episodes of their “spotlight” shows. These will be inexpensive, five- to 10-minute shows that are owned by the media companies that have partnered with Facebook, with […]

Brexit – Fight For Euro Clearing

Brexit – Fight For Euro Clearing

The battle to control euro clearing once the U.K. leaves the European Union is getting uglier. LCH, the London Stock Exchange Group Plc unit that dominates euro clearing, wants to stop the European Central Bank from gaining the power to veto its decisions. Eurex Clearing, the Deutsche Boerse AG-owned subsidiary that would probably benefit most if London was […]

Should You Invest In Transocean?

Should You Invest In Transocean?

Investment Thesis Transocean (RIG) is the uncontested leader in the deep water sector (floaters) with an impressive backlog estimated at $10 billion. The company fleet is now reduced to 50 rigs with 26 rigs operating (including the two under-construction drillships contracted to Shell for 10 years). The company management has done an excellent job to rejuvenate its rig fleet […]

Morningstar, Inc. Q2 Earnings/Technical Report

Morningstar, Inc. Q2 Earnings/Technical Report

Morningstar, Inc. reported net income of $46.1 million, or $1.07 per diluted share, compared with $31.8 million, or 73 cents per diluted share, in the second quarter of 2016. Net income for the quarter includes a noncash after-tax gain of $18.0 million, or 42 cents per share, in connection with the company’s previously announced sale of HelloWallet, an online financial wellness business. Revenue for […]

Australian Dollar (A$) CPI Outlook

Australian Dollar (A$) CPI Outlook

Australia’s Consumer Price Index (CPI) climbed an annualized 2.1% after expanding 1.5% during the last three-months of 2016, while the core rate of inflation increased 1.9% during the same period amid forecasts for a 1.8% print. Signs of slower-than-expected inflation may encourage the Reserve Bank of Australia (RBA) to preserve the record-low cash rate for […]

Macquarie Group Australia’s leading investment bank Unfulfilled

Macquarie Group Australia’s leading investment bank Unfulfilled

Macquarie Group, Australia’s leading investment bank, has a hole to fill. In the years after the global financial crisis, the bank’s Corporate and Asset Finance (CAF) unit – an opaque business analysts call a “black box” – accounted for almost a third of Macquarie’s earnings, driving growth fueled by a A$33 billion ($26.18 billion)-plus bet […]

Bank of America Overpriced For Many Reasons

Bank of America Overpriced For Many Reasons

The US dollar is the worst performing G10 currency this year, down 8% versus its major peers. But it’s still expensive relative to its history, according to Bank of America Merrill Lynch. The currency remains overvalued by about 10 percent compared with its long-term equilibrium and about 12 percent above its 20-year average in real effective term. The […]

Facebook Inc (NASDAQ:FB) Cafeteria Workers Demand Raises

Facebook Inc (NASDAQ:FB) Cafeteria Workers Demand Raises

Facebook Inc (NASDAQ:FB) Cafeteria Workers Demand Raises Hundreds of Facebook cafeteria workers demand a raise Facebook’s cafeteria workers, facing Silicon Valley’s extreme cost of living, vote to unionize. Today the average service worker there makes about $20 per hour, or $41,600 a year. Facebook’s own employees, meanwhile, earn six figures or more. Facebook, Inc. is […]

Foreign Investors See Malaysian Ringgit (MYR) Potential

Foreign Investors See Malaysian Ringgit (MYR) Potential

Things are looking up for Malaysia, with more foreign investors cashing in on the country’s improving economy and strengthening currency, market participants told CNBC on Tuesday. Funds are flowing into Malaysia as the economy and local currency, the ringgit, strengthen, market participants said Upcoming elections present risks, but investors should see volatility as an opportunity to […]

POTNETWORK HLDGS (OTCMKTS:POTN) Ready to Move Higher

POTNETWORK HLDGS (OTCMKTS:POTN) Ready to Move Higher

POTNETWORK HLDGS (OTCMKTS:POTN) Ready to Move Higher POTNETWORK HOLDG closed down -0.003 at 0.068. Volume was 69% below average (consolidating) and Bollinger Bands were 47% narrower than normal. Open High Low Close Volume___ 0.071 0.075 0.068 0.068 1,472,819 Technical Outlook Short Term: Oversold Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: […]

Thai Baht (THB) Trade analysis

Thai Baht (THB) Trade analysis

The Thai baht rose marginally on Monday, headed for a second straight session of gains. The dollar-baht pair is tracking lower after the Bank of Thailand played down concerns about a strong THB on export competitiveness. Thailand’s trade competitiveness has not been much affected by a strong baht and exports can still increase as forecast this […]

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights According to William Blair analyst Ralph Schackart, who along with his team of research analysts met with advertising executives and ad buyers, they found Facebook is the leader when it comes to advertising spending, backing the analysts’ bullish stance on Facebook and its stock. Some of the ad buyers the […]

Malaysian Ringgit (MYR) Immigration and GDP

Malaysian Ringgit (MYR) Immigration and GDP

Economy Malaysian authorities have arrested over 3,300 undocumented workers and 84 employers in the country’s latest crackdown Activists are concerned about possible abuses of workers’ rights, while labor shortages continue to plague business owners Malaysia had 5% growth for Q2 given the strong trade for May 2017 which has exceeded forecasts, growing by 31.5% to […]

Confidence In The Thai Baht (THB)

Confidence In The Thai Baht (THB)

A central bank official states that Thailand’s trade competitiveness has not been affected much by a strong baht and they are still confident that exports will grow 5 percent. Travel Recently, several tourists attempting to enter Thailand have been stopped and asked to show THB20,000 (about USD594) at airport immigration checkpoints. As an attempt to prevent the […]

Malaysian Ringgit (MYR) Has Best 1st-Half in 5 Years

Malaysian Ringgit (MYR) Has Best 1st-Half in 5 Years

Though proceeds raised from Malaysia’s equity capital markets are nearly seven times the level from a year earlier, recent fundraising exercises signal that the market has turned more cautious. Initial public offerings in Malaysia raised a combined $1.7 billion so far this year, based on data from bourse operator Bursa Malaysia. This was up sharply from […]

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights

Facebook Inc (NASDAQ:FB) HEFFX Highlights Facebook is rolling out a new feature called “Groups for Pages,” which will let artists, brands, businesses and newspapers create their own fan clubs. The company says the idea stems from two reporters at The Washington Post who started a Facebook group called PostThis, where they interact with some of […]

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