Planning to travel to a foreign country? Planning to eat while your there? Well if you travel to any of the places below, be sure to try one of their traditional desserts! America: Cinnamon Roll Thailand: Mango and Sticky Rice Taiwan: Boba Tea Japan: Mochi Australia: Lamington
Northern Right Whale Main causes for endangerment: Hunting, ship strikes and entanglement with fishing gear.Remaining: 400 The Vaquita Main causes for endangerment: Bycatch.Remaining: 12-15 Amur Leopard Main causes for endangerment: Poaching, poaching of prey species, habitat loss and deforestation or exploitation of forests.Remaining: 70 Javan Rhinoceros Main causes for endangerment: Low genetic diversity, natural disasters (tsunami and volcanos), disease, habitat destruction.Remaining: […]
1. Adriana Lima 2. Taylor Marie Hill 3. Barbara Palvin 4. Kendall Jenner 5. Alessandra Ambrosio 6. Stella Maxwell 7. Liu Wen 8. Frida Aasen 9. Miranda Kerr 10. Gigi Hadid
1. Kendall Jenner Kendall started her career at the age of 14 years old. Today she is earning $22.5 million per year, this has put her as the highest paid model in the world. Not to mention the fact that she is already internationally recognizable. 2. Karlie Kloss Karlie began her career at the same […]
1. Demo Located in Thong Lor, Demo is situated next to many other clubs which makes it a safe bet to go. Outdoor seating is available and smoking is no problem. The demographic is Thong Lor area is mainly Asian. 2. Penta Penta has gained all the rage from young university students, international and local […]
CRU Champagne Bar Enjoy the luxury and serenity that comes along with any experience at this rooftop bar in the center of Bangkok. Pricing is in the high end and dress codes are in place. Octave Rooftop Lounge & Bar With plenty of room to walk around and a 360-degree view, the Octave is a […]
1. Patrick Ta With well known clients such as Gigi Hadid, Ariana Grande and Kim Kardashian, it is no surprise Patrick Ta is so popular among Instagramers. View this post on Instagram A Dream. @shaymitchell This Was Inspired By @desiperkins . This Eyeshadow May Not Or May Of Stained Her Eyelids… Soon On Youtube A […]
1. James Charles With 12 million YouTube subscribers, fantastic makeup skills and an awesome personality, James Charles is the top male makeup artist of 2018. https://www.youtube.com/channel/UCucot-Zp428OwkyRm2I7v2Q 2. Wayne Goss With 3.5 million subscribers to his channel that started in 2008. Some of his most popular videos feature how to get rid of blackheads and pores. […]
1. Nikkie de Jager Popularly known as NikkieTutorials, Nikkie de Jager is a Dutch makeup artist who began her YouTube makeup career in 2008 – at the age of 14. Nine years later Forbes magazine titled Nikkie to be one of the top 10 beauty influencer’s. Her most viral and popular YouTube video is called The Power […]
On Sunday October 14, 2018, leaders and representatives of Asian-American communities across the nation heal a mass rally at the Copley Square in Boston to support SFFA’s (Students for Fair Admissions) lawsuit against Harvard University and to protest Harvard’s anti-Asian discrimination in admissions. This historical event is hosted by Asian American Coalition for Education (AACE) and other partnering organizations listed below. It was one […]
The long-awaited big-screen debut for BTS is finally here! Burn the Stage: the Movie captures the band’s journey together on land and water, from deserts to beaches. Behind-the-scenes glimpses of BTS at their most fun and exciting moments together along with brand new from the heart interviews will also be apart of this heartthrob movie. SM […]
Football fans at Rome’s metro station were injured and left traumatized when a heavy packed escalator malfunctioned, sped up and blades crumpled together at the end. Rome Escalator Incident – YouTube This video shows the escalator sped up, piling people at the bottom and eventually stopping as a few fans were trapped between the blades. Approximately 20+ […]
In Times of Crisis – JPY Thrives Incredible but true, it is with almost 100 percent certainty that any new crisis or sudden bad news in global markets will force a sharp yen appreciation. This was true for the Brexit shock, the recent trade war fears, North Korean missile tests, Japanese earthquakes — you cannot […]
Why GBIT for 2018? $BTC, $ETH The cryptocurrency world is very similar to the stock market and a black hole in space. It’s getting to the point to where you have to start paying attention to the cryptocurrency market because wealth is being obtained daily with some of the trades being made and more and […]
China’s yuan weakened against the US dollar on Friday, with strong corporate demand supporting the greenback but the Chinese currency is on course for its best week in more than a month. Prior to market opening, the People’s Bank of China (PBOC) set the official yuan midpoint at its strongest in six weeks at 6.5810 […]
Singapore is widely regarded as one of the most crypto-friendly countries in the world, largely due to its stable politics, reliable infrastructure, and favorable business environment. Singapore’s Central Bank has experimented with blockchain technology, and announced Project Ubin, a collaborative project with a consortium of banks and technology companies to explore the use of blockchain for payments […]
Australian Racing: Sword Of Light One of the most interesting horses in regards to pedigree at last Saturday’s Flemington meeting was , determined winner of the Gr.2 Let’s Elope Stakes. It was win number five from 19 starts for the classy mare who also won last year’s Gr.3 Blue Diamond Fillies Preview. What a fascinating […]
Menari and the Golden Rose With his impressive lead up form it is little wonder that Menari is a short priced favourite for Saturday’s Golden Rose, the feature event on the Rosehill card. Run at Group One level since 2009 (and run from 1978 through to 2007 as the Peter Pan Stakes), the Golden Rose […]
A number of well related fillies lined up in a 1170m maiden at Wangaratta on Tuesday, a couple of whom were well supported in the betting. But it was one unwanted by punters who would upstage them, the Mathew Ellerton & Simon Zahra trained Casares proving too strong. Jumping the fastest of the nine runners, […]
Magical Internet Money Hits $5k The decentralized currency Bitcoin has rallied hard this year, climbing from $1,000 per BTC on January 1st to $5,000 per BTC on the first of September. The digital asset had a substantial market capitalization of approx. $82.6B with only 16.5 million bitcoins currently in circulation. Further, bitcoin trade volume has […]
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 […]
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 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 […]
The Commonwealth Bank has responded to revelations it failed to monitor transactions in the USA, Asia and Europe. An internal review of the bank’s compliance with Australian and global anti-money laundering and counter terrorism laws reportedly showed large-scale failures in transaction monitoring across a multitude of businesses around the world, according to Sky News Business. Sky […]
Aconex Limited (ASX:ACX) A software and services company based in Australia, saw significant share price volatility over the past couple of months on the ASX, rising to the highs of $4.6 and falling to the lows of $3.64. This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy […]
BHP Billiton has announced a board shake up that will see Grant King depart just six months after his appointment “owing to concerns expressed by some investors”. The company said Mr King had decided not to stand for election to the board and would retire from the role on August 31. The former chief executive […]
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 […]
A blast against speculators by the Bank of Thailand has put traders on notice that gains for Asia’s best-performing currency this year could slow or even reverse. The central bank has asked commercial banks to provide more information if they see an “unusually high volume of transfers between non-resident baht accounts which may relate to […]
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 […]
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 […]
Shares in Australia and New Zealand Banking Group (ASX: ANZ) climbed 1.3 per cent in morning trade after the bank revealed a cash profit of $1.79 billion for the quarter ending June 30, 2017. The cash profit is up 5.3% or 0.3% before provisions for bad debts, with total revenues for the quarter down 0.3%. The group’s net […]
After dropping as low as $29.55 in early June, the Westpac Banking Corp (ASX: WBC) share price has gone on an impressive run and reached as high as $32.74 last week. By comparison, the benchmark S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has been flat during the same period. Is it too late to buy Westpac […]
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 […]
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 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 […]
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 […]
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 […]
BidaskClub upgraded shares of BHP Billiton Limited (NYSE:BHP) from a buy rating to a strong-buy rating in a research note published on Saturday. A number of other equities analysts have also recently issued reports on BHP. Zacks Investment Research upgraded shares of BHP Billiton Limited from a strong sell rating to a hold rating in a research note on […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
THERESA May’s plans for a hard Brexit could boost the UK economy by £135 billion a year, top economists have predicted. They believe the UK could reap trade gains worth £80bn annually by removing tariffs for both the European Union and the rest of the world. Deregulating the economy and other Brexit-related policies could provide […]
Looking for a late mother’s day gift? Want something affordable but with high value? Something that is like no other gift you have given your mother or wife before. Look no further, MaxFit Performance, Bangkok’s #1 Gym for Transformation Results, is doing a mother’s day special. This fitness program is called “The Hot Mommy Makeover”, […]
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 […]
A short time ago, the Aussie was at 0.7871, down half a per cent for the session. The chart blow is showing a steady sell-off. The interesting thing is there’s no clear reason for the move, although global markets have moved to a risk-off tone as we await Chinese inflation data soon. The sell-off was […]
Bank Indonesia has prepared a draft bill on the redenomination of the Indonesian Rupiah (Draft Bill). The Draft Bill is aiming to improve the economic efficiency and to create smoother commercial transactions. The Draft Bill suggests to remove the final 3 digits of the current Rupiah. By removing the final three digits, the use of […]
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 […]
Predictions for good growth with Brambles. The estimates for earnings per share range from $0.42 to $0.61 with an average expectation of 90.6% growth. This is roughly a range of 55% to 125%. BXB is today available with a PE (price to earnings) ratio of 27.2x and this also tells us the stock is undervalued […]
id IAG perform worse than its track record and industry? To limit the impact of variance in annual earnings, I deploy IAG’s best fit version of its past five-year average earnings growth. In the case of IAG, its trailing 12 month EPS decline of -2.95% is a below par performance when compared to the five-year […]
Downing Street sources have played down reports that the UK is prepared to pay a divorce bill of up to £36bn to try and force progress in stalled Brexit talks. The figure amounting to some €40bn would be offered in a bid to push discussions on from withdrawal and towards a future trade deal. Theresa May is expected […]
The Suncorp Group Ltd (ASX: SUN) share price fell 6% to $13.63 this morning, after the company released its full year results. Here’s what you need to know: Revenues rose 12% to $17.4 billion Profit rose 4% to $1.07 billion Dividends of 73 cents up from 68 cents previously Insurance gross written premium (GWP) up by 4% Cash […]
The Seek Limited (ASX: SEK) share price has grown by 182% over the last five years and I think it could keep going higher over the next five years too. For 8/4/2017 the closing price was 17.4400. Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The […]
It is important to know what a particular company does and how it makes its money before investing in it. Investing in a business without such knowledge is akin to travelling to an unknown territory without a map. On that note, let’s check out what business Singapore Exchange Limited (SGX: S68), or SGX, is involved in and […]
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 […]
Those racegoers heading to Flemington on Saturday are in for a treat when the unraced Frankel colt, which has a beautiful name, Frankel My Dear will see a race track from the first time. He makes his debut in the VRC Members Pavilion Handicap on Saturday. With only a small group of Frankel’s racing in […]
After an embarrassing two month closure, the Eagle Farm racecourse is hoping to be ready to resume racing in April 2018. The independent report which has taken place due to the problems at the course has been released. The report has many recommendations in it, including the removal of all the existing grass on the […]
Not since 1995/96 has a horse won consecutive runnings of the Gr.3 Bletchingly Stakes but that is just what is being attempted by Lord Of The Sky when he heads to Sandown on Sunday. Showing his customary dash when resuming in the Gr.3 John Monash Stakes, Lord Of The Sky tired late but was beaten just […]
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 […]
For the 24 hours to 23:00 GMT, the USD marginally rose against the JPY and closed at 110.36. In the Asian session, at GMT0300, the pair is trading at 110.54, with the USD trading 0.16% higher against the JPY from yesterday’s close. Overnight data indicated that Japan’s monetary base climbed 15.6% on an annual basis […]
Investors in search of developing-world risk and reward should be looking over to Asia. India and the “tiger cubs” of Southeast Asia are the most-exciting emerging markets on the planet, when screened by six factors by Nomura (NMR) . As a result, foreign direct investment into those nations will surge from $100 billion a year now to […]
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 […]
Malaysia’s bonds are coming back in favour but the respite may be brief. The level of the nation’s foreign reserves is coming under scrutiny as investors brace for outflows from emerging markets. “There has been a rebound of flows into Malaysia bonds after huge redemptions late last year,” said Desmond Soon, head of investment management […]
The Government has proposed setting up a national investment fund to help fledgling UK businesses thrive and compete with their US counterparts, even after Brexit. The Treasury said on Tuesday that a consultation had identified a £4bn funding gap between US and British firms and that the new fund would “help address this gap and boost British business”. It also […]
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 […]
Bank of America (BAC) generated much debate around its Q2 results. Really, much of this was hot air. The stock has been stable, and the sector has been stable since Q2 numbers. There’s no question that the non-company specific drivers of BAC are in stasis at the moment. The Trump Administration is struggling to gain […]
In about a month, thousands of JP Morgan Chase & Co. (NYSE: JPM) employees will begin to move into the financial giant’s new regional campus in Plano’s Legacy West — a hub powered in part by wind energy. The move into the 1 million-square-foot campus within Legacy West will be the first of a multi-phased consolidation bringing about half […]
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 […]
Downer EDI extended its $1.2 billion takeover bid for Spotless Group last night in a last-ditch effort to secure another 7 per cent of the target and avoid having hundreds of shareholders locked in as minorities in a listed company. Downer had snared 83 per cent of Spotless and an about-face from the target board to […]
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 […]
There could be an easy way to reverse the underperformance of Wesfarmers Ltd’s (ASX: WES) share price. The struggling conglomerate is likely to get a nice kick in its share price if it spun out its DIY warehouse Bunnings into a separately listed entity, according to a prominent fund manager who was quoted in the Australian Financial […]
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, […]
Have CBA’s earnings improved against past performances and the industry? To limit the impact of volatility in annual earnings, I use CBA’s best fit version of its past five-year growth to compare against the past year growth. The company’s small EPS growth of 0.67% over the past year was below the five-year average growth of […]
Shares of Fortescue Metals Group Ltd (FMG.AX) is moving on volatility today 5.90% or $0.32 rom the open. The ASX listed company saw a recent bid of $5.74 on 35180000 volume. Investors may be looking for the next positive catalyst to create a solid breakout. Some may be wondering when the party will end, and it remains to be seen if excess […]
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 […]
BHP Billiton Limited (BHP) has surged 0.83% and closed its last trading session at $41.14. Now we will discuss the financial strength of BHP Billiton Limited. The company’s average Piotroski F-Score: 5 during the last 7 years. Its mean Altman Z-Score: 1.65 during the last 7 years, while average Beneish M-Score: -2.64 during the last […]
The Australian IPO market is booming, with nearly 60 companies hitting the boards of the Australian Securities Exchange in the first half of the year — raising a total of $1.73 billion. Resources companies have worked their way back into the ASX as speculative appetite for mining floats is on the rise after several years […]
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 […]
The All Ordinaries index has fallen 1.4 per cent to 5,750, losing $24 billion in value, while ASX 200 has shed 1.5 per cent to slip below 5,700. Market snapshot at 12:30pm (AEST): ASX 200 -1.5pc at 5,699, All Ords -1.4pc at 5,750 AUD: 79.6 US cents, 60.89 British pence, 68.17 euro cents, 88.44 Japanese […]
BHP Billiton Limited (NYSE:BHP) opened at 41.14 on Friday. BHP Billiton Limited has a 52-week low of $28.77 and a 52-week high of $41.79. The stock’s 50 day moving average is $36.96 and its 200-day moving average is $37.36. The stock has a market capitalization of $109.47 billion, a price-to-earnings ratio of 44.14 and a […]
The Australian company shipped 44.7 million tonnes of iron ore in the June quarter, a 13% increase from the March quarter and a 3% rise from the same time last year. The company shipped 170.4 million tonnes in the 2017 fiscal year and is aiming to maintain shipments around the same level in 2018. Cash […]
Gail Kelly – If I were not afraid: • I would be my own advocate for that key leadership role I’m aspiring to, even though I know I have lots to learn and that I am not 100 per cent ready. • I would not let myself off the hook by saying I don’t have […]
Since 2015, its yearly dividends have fallen from $1.39 per share to $0.67. Buy, Hold or Sell No doubt, shrewd investors are running their rulers over Woolies shares. After all, it’s not every day one of Australia’s biggest and most well-known companies falls from grace – although, Telstra Corporation Ltd (ASX: TLS) might not be far behind […]
Almost 9/10 Australians rely on a smartphone for everything from works calls to personal banking, navigation and photography. But just when smartphones are at their most useful — when you’re in a foreign location — using them to their full potential can become much more expensive. Despite regulatory changes, global roaming is still one of […]
Rio Tinto Group faces a probe by the U.K.’s Serious Fraud Office over its business dealings in Guinea, just months after Australia’s federal police started an investigation into payments relating to the $20 billion Simandou iron ore project in the African nation. The prosecutor said in a statement Monday it was investigating the conduct of the […]
Disability advocates have criticized Commonwealth Bank for deploying an Eftpos machine that cannot be used by the blind or visually-impaired. The advocacy group Blind Citizens Australia and the former disability discrimination commissioner Graeme Innes said the touchscreen-only terminal was preventing blind users using the machine, or forcing them to reveal their pin to retail staff. The bank’s Albert […]
Altria, the largest tobacco company in the US, reported a 20 per cent increase in net earnings on Wednesday as growth in its smokeless products continued to take off while higher Marlboro cigarette prices also padded profits. Net income rose to $1.99bn, or $1.03 per share, compared to $1.65bn, or 84 cents per share in […]
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 […]
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 […]
FactSet Research Systems Inc. FDS reported mixed results for third-quarter fiscal 2017. Adjusted earnings came ahead of the Zacks Consensus Estimate, while revenues missed the same. The company reported adjusted earnings per share of $1.85, which surpassed the Zacks Consensus Estimate by a penny. The figure was toward the higher end of the guided range of […]
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 […]
A senior citizen and a government retiree both pleaded not guilty at the Sessions Court here today to a charge of possession of 1,679 pieces of counterfeit RM100 notes amounting to RM167,900. Chan Hui Boo, 70, and Mohd Nasir Aman, 59, allegedly committed the offence behind a hotel in Jalan Sheikh Ahmad in Seremban around […]
A Minnesota-based grocery company is making a power play in the Chicago area, stepping into the void being left by the bankrupt Central Grocers, a nearly century-old grocery cooperative that’s closed up shop. Supervalu Holdings has entered into an agreement to buy Central Grocers’ massive distribution center in Joliet for $61 million. Supervalu reported fiscal first-quarter net […]
The Charles Schwab Corporation (SCHW) is an interesting player in the Financial space, with a focus on Investment Brokerage – National. The stock has been active on the tape, currently trading at $41.96, down from yesterday’s close by -0.45%. Given the stock’s recent action, it seemed like a good time to take a closer look […]
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 […]
ConocoPhillips, like other exploration and production companies, has been struggling due to the weakness in oil prices. So far, the company has reported seven quarterly losses in a row, though the losses have gradually narrowed owing to the improvement in energy prices and the company’s cost-cutting efforts. In 1Q17, for instance, ConocoPhillips reported adjusted quarterly loss of […]
Credit card giant Visa is beefing up its systems and infrastructure to deal with what it predicts will be a ten-fold surge in demand for payments on plastic and devices. One move involves setting up new data centres in Singapore and Britain, which Visa announced yesterday. They are due to start processing global transactions next […]
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 […]