More Regulator Manipulation of Gamestop

More Regulator Manipulation of Gamestop

$GME #GameStop shares have again soared, surging by more than 100 percent until a trading halt slowed the rally before markets closed, stoking suspicions among small investors, some pointing to mysterious Reddit issues during the spike. The sudden trading pause was met with outrage by some investors, one even calling for a Congressional probe into […]

Huawei Going Strong

Huawei Going Strong

Chinese telecoms giant Huawei is enjoying an extended honeymoon with oil-rich Gulf nations, despite being criticised in the United States and Europe as a potential security threat. Arab Gulf countries — strategic partners of Washington that are seeking to diversify their economies — are investing heavily in the sector as their appetite for technology grows. […]

Qantas in Trouble

Qantas in Trouble

Australian carrier Qantas reported a US$5.5 billion plunge in revenue during the second half of 2020 and said international passenger flights would not resume until October as the pandemic continued to devastate the industry. The country’s biggest airline said it suffered an underlying loss of Aus$1.1 billion (US$858 million) in the six months to December […]

Regulators Crack Down on US Crypto Brokers

Regulators Crack Down on US Crypto Brokers

New York state authorities said they reached an agreement to shut down activities of two cryptocurrency trading platforms which hid an estimated $850 million in losses. The writing is on the wall to get your Crypto out of the USA. State Attorney General Letitia James said the agreements this week with Bitfinex and Tether would […]

Vinco Ventures, Inc. (NASDAQ:BBIG) is a Buy

Vinco Ventures, Inc. (NASDAQ:BBIG) is a Buy

ZASH Global Media and Entertainment Corporation (“ZASH“), the entertainment industry disrupter led by co-founders Ted Farnsworth, financier and former MoviePass Chairman, early Musical.ly investor Jaeson Ma, and early Triller visionary and board member, Vincent Butta, has entered into a definitive agreement to acquire a majority controlling interest in Lomotif Private Limited (“Lomotif“), the Singapore-based top video-sharing […]

Cracks Appear in Money Printing Model, Bitcoin Looks Better then Ever

Cracks Appear in Money Printing Model, Bitcoin Looks Better then Ever

Rising inflation has spooked stocks and pushed up the cost of government borrowing, leading some analysts to wonder whether the long bull run on financial markets might finally be coming to an end and highlighting the value of Bitcoin. An economic monster in the second half of the 20th century, inflation has not been a […]

Hong Kong is Killing it’s Stock Exchange

Hong Kong is Killing it’s Stock Exchange

Hong Kong hiked stamp duty on stock trades Wednesday in a step towards increased taxes, more regulation and an end to the business friendly city a record budget deficit, sending the local equity market tumbling. The business-friendly financial hub, which prides itself on low taxes and no capital gains tax, has been battered for two […]

Inglis Digital Hits $100m

Inglis Digital Hits $100m

A gross of $2.17 million in the February (Late) Online Sale has seen the Inglis Digital platform reach a historical milestone of $100 million in total turnover since its launch in May 2017. It also brings the overall 2021 figure to $9.3 million, while the clearance rate was again strong at 78%. 4YO gelding Heyington […]

USA is Still Stimulus Dependent

USA is Still Stimulus Dependent

U.S. Federal Reserve Chair Jerome Powell told lawmakers on Tuesday that U.S. economic recovery remains uneven and far from complete, and the path ahead is highly uncertain. “The resurgence in COVID-19 cases, hospitalizations, and deaths in recent months is causing great hardship for millions of Americans and is weighing on economic activity and job creation,” […]

Cloud is Taking Over

Cloud is Taking Over

Eighty-one percent of adopters agree the pandemic has accelerated their organization’s shift to XaaS from traditional IT, and 55% report that the crisis is causing their organization to invest more in XaaS than initially planned. Seventy-five percent of respondents report their organization already runs more than half of its enterprise IT as-a-service. Six in 10 […]

Companies in the Bitcoin Mining Space

Companies in the Bitcoin Mining Space

For the first time in its history, the world’s most popular cryptocurrency, Bitcoin (BTC), surpassed the US$50,000 mark. Cryptocurrencies are gaining support from all types of large firms, from automakers, to credit card companies, to big banks. However, with the increased demand, a new issue has arisen, in the form of a global chip shortage […]

Bitwise (OTCQX: BITW) Crypto Funds Surge as Bitcoin Consolidates

Bitwise (OTCQX: BITW) Crypto Funds Surge as Bitcoin Consolidates

 Bitwise Asset Management, a leading provider of index and beta crypto funds, announced today that it recently surpassed $1 billion in assets under management (AUM) across its fund family. Bitwise manages the largest crypto index fund in the world (OTCQX: BITW) and the first DeFi index fund in the world, amongst a growing family of […]

Code Chain (NASDAQ:CCNC) Buy 10,000 Bitcoin Mining Machines

Code Chain (NASDAQ:CCNC) Buy 10,000 Bitcoin Mining Machines

Code Chain New Continent Limited (the “Company” or “Code Chain”) (NASDAQ:CCNC), a leading eco-technology company, today announced that the Company has entered into a purchase agreement (the “Agreement”) with Chengdu RiZhanYunJisuan Co., Ltd. (the “Seller”) pursuant to which the Company will purchase 10,000 Innosilicon T2T Bitcoin mining machines for approximately RMB 40 million (approximately USD […]

China Addresses the Biden Administration

China Addresses the Biden Administration

Chinese State Councilor and Foreign Minister Wang Yi on Monday called on U.S. policymakers to abandon biases, give up unwarranted suspicions, and move to bring the China policy back to reason to ensure a healthy and steady development of China-U.S. relations. Wang made the remarks when delivering a speech at the opening of the Lanting […]

More Trouble for Boeing

More Trouble for Boeing

The US Federal Aviation Administration ordered extra inspections Sunday of some Boeing 777 passenger jets, after a United Airlines flight suffered engine failure a day earlier, scattering debris across a Colorado community. FAA Administrator Steve Dickson said the order meant some 777s would “likely” be removed from service. He said he had consulted with his […]

Australia Teaching the World how to Fight Facebook

Australia Teaching the World how to Fight Facebook

Australia’s health department will no longer advertise on Facebook, it has announced, the latest escalation of the government’s feud with the social media giant, which continues to block news content from its platform in the country. The freeze comes as Australia begins to promote its newly launched Covid-19 vaccination rollout with a nearly US$20 million […]

The Equality Act Attacks Women and Christianity

The Equality Act Attacks Women and Christianity

Family Research Council responded today to the White House giving support to H.R. 5, deceptively titled “The Equality Act,” which was introduced yesterday in the U.S. House of Representatives and is scheduled for a vote next week. Family Research Council President Tony Perkins made the following comments: “To wrest special privileges for sexual orientation and […]

Baidu, Inc. (NASDAQ:BIDU) is a Buy

Baidu, Inc. (NASDAQ:BIDU) is a Buy

Baidu, Inc. (NASDAQ:BIDU) (“Baidu” or the “Company”), a leading AI company with strong Internet foundation, today announced unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020. “Baidu ended 2020 on a solid note with our business benefiting from improving macroeconomic environment and the digitalization of industrial Internet. Our focus on innovation […]

Inside the Bitcoin Rally

Inside the Bitcoin Rally

Invented 12 years ago by an unknown person or group of people under the name Satoshi Nakamoto, bitcoin started trading in 2009 as a crypto asset based on a decentralized blockchain-based network. The system is aimed at providing secure peer-to-peer transactions that are not subject to central-bank policies or regulations. In 2017, bitcoin’s first notable […]

Biden is a Debt Machine, Buy Bitcoin

Biden is a Debt Machine, Buy Bitcoin

And with success US Governments printing money like there is no tomorrow, Elon Musk is correct. Unfortunately there is a tomorrow and you will be spending or otherwise using your savings in that tomorrow, and if you keep cash the value will be severely hurt by Government money printing. Historically, when countries have simply printed money […]

UK Tax Increase Spells Disaster for England

UK Tax Increase Spells Disaster for England

Brexit was a chance to break free from Euro Socialism but the UK is set to take a step backwards by raising taxes. The British finance minister, Rishi Sunak, is reportedly planning to raise the tax on business to defray the costs of expanding the nation’s Covid-19 support package. The government is expected to increase […]

Artorius Wins the Blue Diamond Stakes

Artorius Wins the Blue Diamond Stakes

At just his third lifetime start the son of Flying Artie stormed home when pulled off the heels of runners in the straight to win in stunning style. An impressive last start winner at Sandown when he swept home, Artorius was sent out a strong each way chance in the Diamond and in the end […]

Golden Sixty Wins the Group One Hong Kong Gold Cup (2000m)

Golden Sixty Wins the Group One Hong Kong Gold Cup (2000m)

The champion galloper made it 13 straight wins and 16 from 17 lifetime starts with a last gasp win in another incredible performance. Despite getting back in the field and covering extra ground, Golden Sixty was able to produce a powerful finish to reel in minor placegetters Furore and Exultant. Regular rider Vincent Ho was […]

$1.5 million Riyadh Dirt Sprint to Copano Kicking and William Buick

$1.5 million Riyadh Dirt Sprint to Copano Kicking and William Buick

Copano Kicking leaves Matera Sky second again Japanese horses claimed a one-two in the US $1.5 million Riyadh Dirt Sprint sponsored by Saudi Arabian Airlines as Copano Kicking (USA) overhauled the luckless Matera Sky (JPN). Matera Sky had looked the likely winner for much of the way last year before being collared by the home-trained […]

$1.5 million Saudi Derby Goes to Japan

$1.5 million Saudi Derby  Goes to Japan

Pink Kamehameha maintains Hiduyuki Mori’s run Pink Kamehameha (JPN) ensured that both Japan and trainer Hideyuki Mori retained the US $1.5 million Saudi Derby sponsored by Al Rajhi Bank with a three-quarters of a length victory over Cowan (USA). The trainer had struck in last year’s inaugural renewal with Full Flat. Away alertly from post […]

John Gosden Trained Mishriff Wins $20m Saudi Cup

John Gosden Trained Mishriff  Wins $20m Saudi Cup

British-trained colt shines for Prince Faisal and David Egan The John Gosden trained Mishriff (IRE), who is named after his owner Prince A A Faisal’s best friend, went one better than his second place finish in last year’s Saudi Derby when he caught Charlatan (USA) in the final 100m to win the US $20 million […]

Workplace Assault on Privacy

Workplace Assault on Privacy

People returning to work following the long pandemic will find an array of tech-infused gadgetry to improve workplace safety but which could pose risks for long-term personal and medical privacy. Temperature checks, distance monitors, digital “passports,” wellness surveys and robotic cleaning and disinfection systems are being deployed in many workplaces seeking to reopen. Tech giants […]

Bitcoin to $100,000

Bitcoin to $100,000

The total value of all bitcoin topped $1.0 trillion on Friday, capping a spectacular record-breaking week for the world’s most popular cryptocurrency. With more than 18.6 million bitcoins mined since the digital currency was launched in 2009, the entire market is now worth $1.015 trillion, according to data provider Coinmarketcap.com. Knightsbridge, the Crypto broker offering […]

Larneuk: Racing’s Quiet Achiever

Larneuk: Racing’s Quiet Achiever

4 of the weekend’s biggest feature races feature Larneuk bred horses, from Larneuk Sires, given the relatively small number of horses produced on the farm that statistic speaks to a much bigger story. Neville Murdoch and his team at Larneuk are outperforming the market in almost every measure week after week. But if you know […]

Gold is the Buy

Gold is the Buy

Falcon Gold Corp. (TSX-V: FG) (OTC: FGLDF), Agnico Eagle Mines Limited (NYSE: AEM), Novo Resources Corp. (TSX: NVO) (OTC: NSRPF), International Montoro Resources Inc. (TSX-V: IMT), B2Gold Corp. (NYSE: BTG) Gold prices were stable on Thursday. However, the economic landscape is becoming more complex and Bitcoin now competes with the yellow metal for a safe-haven […]

The Moke is back, baby!

The Moke is back, baby!

With President Biden’s announcement of a government EV fleet, GM’s EV Super Bowl commercial and Ford’s vow to phase out gas powered cars by 2030, we’re seeing electric cars everywhere. One company has been behind the wheel propelling the change, MOKE America. Founded by Todd Rome in late 2016, MOKE America’s cruisers have become synonymous […]

Boom Supersonic Appoints Former Boeing CEO Phil Condit and IDEO’s Executive Chair Tim Brown to Advisory Council

Boom Supersonic Appoints Former Boeing CEO Phil Condit and IDEO’s Executive Chair Tim Brown to Advisory Council

 Boom Supersonic, the aerospace company building the world’s fastest and most sustainable commercial airliner, today announced that it has appointed two renowned leaders to the Boom Advisory Council: Phil Condit, former chairman and CEO of The Boeing Company, and Tim Brown, executive chair of celebrated design firm IDEO. Boom continues to build its council of […]

The Marijuana Hot Stocks

The Marijuana Hot Stocks

After finding themselves down for much of last year, cannabis and CBD stocks are once again seeing intense momentum. In the short term, we have Reddit’s WallStreetBets to thank for some of the industry’s recent surge, as the notorious investing forum set its sights on cannabis stocks after promoting AMC and Gamestop. However, there are […]

Inside America’s Housing Boom

Inside America’s Housing Boom

Home values continue to rise at a historic monthly pace, growing 1.1% from December to January – Zillow economists predict 7 million home sales this year, nearly 25% more than in 2020 – Phoenix is booming, recording the highest annual growth in both home values (17.1%) and typical rent (8.4%) among the nation’s largest metros […]

Changes to China Stocks

Changes to China Stocks

— The Chinese stock market kicked off the first trading day of the Year of the Ox with widespread gains. — As China steps up capital market reforms, Chinese stocks and bonds will become increasingly attractive to both domestic and international investors. — China’s financial opening up is running at full tilt despite the changing […]

It was a Good New Year in China

It was a Good New Year in China

China’s economy continued to gather steam during the Spring Festival period, although millions of people have stayed put for the weeklong holiday starting on Feb. 11, which usually sees mass migration across the country. The following are data highlights revealing China’s economic vitality during the holiday: — Consumer spending during the Spring Festival golden week […]

Rocket Tiger Set to Blast Off

Rocket Tiger Set to Blast Off

Rocket Tiger, the impressive son of promising Victorian Sire Cluster (Fastnet Rock) heads to Saturday’s Silver Slipper with a real chance of taking the race and moving on to the Golden Slipper. Raced by The Codfather Noel Penfold, the man who names most of his horses after the fish that made his fortune and has […]

Wolves a Howling Success for Wolf Cry

Wolves a Howling Success for Wolf Cry

Victorian Sire Wolf Cry has had 3 runners, but breeders are paying attention, 1 is a city winner and another in Group 2 placed. Wolves, ran third in the Blue Diamond Preview Group 2 and is headed for the $1.5m Blue Diamond Stakes Group 1 this Saturday at Caulfield. From 3 runners to have already […]

S&P/Experian Consumer Credit Default Update

S&P/Experian Consumer Credit Default Update

S&P Dow Jones Indices and Experian released today data through January 2021 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate was two basis points higher at 0.48%. The bank card default rate rose nine basis points to 2.72%. […]

Saudi Cup News

Saudi Cup News

Saudi Arabian society is undergoing a transitional journey as the Kingdom welcomes more visitors from overseas to encourage a developing tourism industry. The concept of hospitality has deep roots in Saudi society and the Jockey Club of Saudi Arabia is proud to host our international visitors at The Saudi Cup 2021. First-time visitors to Saudi […]

Business Loves Dubai

Business Loves Dubai

DMCC – the world’s flagship Free Zone, business hub and Government of Dubai Authority on commodities trade and enterprise – announced record-breaking performance in 2020, despite the COVID-19 pandemic. Economic and commercial activities in the UAE continued their positive run in the first half of February 2021, reflecting the growing confidence of local and foreign […]

Might be Time to Buy Cruise Stocks

Might be Time to Buy Cruise Stocks

David Abel and his wife Sally might have had the cruise from hell last year on the coronavirus-hit Diamond Princess, but they can’t wait to get back to sea. A year after the ill-fated ship went into quarantine off Japan, the cruise industry is hoping passengers like the Abels will help steer them to calmer […]

Bitcoin the Record Breaker

Bitcoin the Record Breaker

Bitcoin rose above $50,000 for the first time on Tuesday as Wall Street pushed further into record territory on mounting confidence of Covid-19 recovery. Bitcoin surged to $50,547.70 in midday European trading as an increasing number of corporate heavyweights back the world’s most popular virtual currency. The price of the cryptocurrency has soared 75 percent […]

Bitcoin at $50,000 is Just the Beginning

Bitcoin at $50,000 is Just the Beginning

Bitcoin reached $900 billion in market valuation last week for the first time ever, adding over $350 billion in 2021 alone. Today it broke the $50,000 barrier, but it is just getting started. Bitcoin Supply Crisis – More #Bitcoin taken off exchanges– Supply shrinking at ATH prices. – Institutional FOMO about to hit hard! pic.twitter.com/7hzo5XHHyy […]

Mobile Games Boom in China

Mobile Games Boom in China

The top 30 Chinese mobile game publishers reported a surge in revenue last month thanks to their overseas market expansion. These game developers raked in over 2.3 billion U.S. dollars in worldwide revenues in January, a surge of 47.3 percent year on year, according to Sensor Tower, a mobile app data analysis firm. The figure […]

Coronavirus Variants in USA

Coronavirus Variants in USA

Nearly 1,000 infection cases of coronavirus variants have been reported in a total of 44 U.S. states, according to the latest data of the U.S. Centers for Disease Control and Prevention (CDC). The vast majority of these cases, 981, were caused by the variant known as B.1.1.7, which was originally detected in Britain. There were […]

Crown Resorts Up After CEO Resigns

Crown Resorts Up After CEO Resigns

One of Australia’s biggest casino groups has seen a boardroom exodus after being declared unsuitable to hold a gambling licence, with the CEO of Crown Resorts becoming the latest executive to resign on Monday. A public inquiry last week recommended Crown Resorts should be denied a licence to run a new multi-billion-dollar casino that dominates […]

Japan Economic Update

Japan Economic Update

Japan’s economy grew at a slower 3.0% in the October-December quarter, government data showed Monday, as the coronavirus pandemic weighed on the world’s third-largest economy. The economy shrank 4.8 percent in 2020 — its first annual contraction since 2009. Last year, virus restrictions and a 2019 consumption tax hike forced Japan into recession before a […]

Asian Markets Move Higher

Asian Markets Move Higher

Asian markets rallied again Monday, extending a global advance after another record on Wall Street as traders were cheered by the prospect of a huge new US stimulus as well as further falls in coronavirus infection and death rates. Tokyo was the standout performer, with the Nikkei 225 breaking through 30,000 points for the first […]

The Breeders’ Cup Dumps Lasix

The Breeders’ Cup Dumps Lasix

As 2021 kicks off with stakes races being run without Lasix at the leading racetracks and Thoroughbred racing events across the country, including the 2021 World Championships, Breeders’ Cup is pleased to announce that this year’s “Win and You’re In” Challenge Series races will be run without Lasix. Additionally, Graded Stakes points for the purpose […]

Dubai World Cup Update

Dubai World Cup Update

Racing at Meydan on Saturday was highlighted by a quality 1800m turf handicap, the Longines Spirit Collection Stakes, which would certainly not have been out of place at the 2021 Dubai World Cup Carnival, looked ultra-competitive on paper, but in reality proved a fairly straightforward assignment for Eastern World who demolished his 15, mostly toiling, […]

Big Weekend for Godolphin in Australia

Big Weekend for Godolphin in Australia

From Mike Hedge at Godolphin Two of the most talented members of Godolphin’s Australian team stepped up to significant challenges at Randwick on Saturday, 13 February, and emerged with reputations enhanced and with  the future beckoning. Colette, the G1 ATC Oaks champion of 2020 and winner last spring of the $7.5m Golden Eagle, resumed from […]

ExxonMobil, Chevron and ConocoPhillips Outlook Negative

ExxonMobil, Chevron and ConocoPhillips Outlook Negative

S & P lowered the credit rating for US oil giants ExxonMobil, Chevron and ConocoPhillips on Friday, citing higher risk to the industry due to oil price volatility and climate mitigation policies. The ratings agency cut the debt grade for the companies by one notch to “AA-” for ExxonMobil and Chevron, and to “A-” for […]

Larneuk the Little Farm with Big Results

Larneuk the Little Farm with Big Results

There is no doubt Larneuk has been building it’s place in the Australian racing scene and over the last couple of years the Euroa based Stud has been producing some exceptional winners. Wolves, Wanaroo, Paris Pike, Lady Solly, Rocket Tiger, Tarcoola Diva, King of Hastings, Larneuk has been on fire this year with horses bred […]

Purpose Bitcoin ETF

Purpose Bitcoin ETF

Canada’s main securities regulator has cleared the launch of the world’s first exchange-traded bitcoin fund, the investment manager and the regulator said Friday, giving retail investors greater access to the booming cryptocurrency. The Ontario Securities Commission gave Purpose Investments Inc. the nod to roll out the Purpose Bitcoin ETF (exchange-traded fund) on the Toronto Stock […]

Twitter and Jay-Z More Big Names Join the Bitcoin Choir

Twitter and Jay-Z More Big Names Join the Bitcoin Choir

Twitter chief Jack Dorsey on Friday put out word that he and rap mogul Jay-Z are creating a fund devoted to making Bitcoin digital money “the internet’s currency.” Dorsey, who is also founder and chief of financial services and mobile payments firm Square, said in a tweet that he and Jay-Z are giving 500 bitcoin […]

1st Season Sires Australia: American Pharoah

1st Season Sires Australia: American Pharoah

Triple Crown hero American Pharoah is already a Champion First and Second Crop sire in the Northern Hemisphere, but here in Australia he’s just starting off and delivered an impressive winner at Warwick Farm on Wednesday in Head of State (2c American Pharoah x Derelique, by Danehill Dancer). A winner at the early season trials, […]

Racing at Meydan on Saturday

Racing at Meydan on Saturday

Racing at Meydan on Saturday, sponsored by Pillar Partner Longines, is undoubtedly highlighted by a crackerjack 1800m turf handicap which would be well worth Dubai World Cup Carnival status, such is the quality of the field. In fact, of the 16 likely runners, all bar three actually have the magic qualification official rating of 90, […]

Covid Lockdowns Hurt Britian

Covid Lockdowns Hurt Britian

Britain’s economy shrank by a record 9.9 percent last year on the fallout from the coronavirus, official data showed Friday, but a rapid vaccines rollout has boosted the outlook. Finance minister Rishi Sunak said the economy had suffered a “serious shock” from the Covid-19 global health crisis, despite the data showing second-half growth. Activity was […]

Farmmi (FAMI) Gets an Upgrade

Farmmi (FAMI) Gets an Upgrade

Farmmi, Inc. (“Farmmi” or the “Company”) (NASDAQ: FAMI), an agriculture products supplier in China, today announced it received a new order from a long-term customer for dried mushrooms, which will be exported to Dubai. Fami strategic objective is to build a global trading platform for agricultural products with Chinese geographical indications, with the help of modern artificial intelligence technology […]

Why Bitcoin $BTC will be Worth $1m

Why Bitcoin $BTC will be Worth $1m

Dead Dollar The United States will see its second-largest budget deficit since World War II this year, while the federal debt will continue to climb beyond GDP, according to a Congressional Budget Office (CBO) estimate released Thursday. The forecast by the nonpartisan office serving Congress came after the United States spent big in 2020 to […]

Bitcoin Mining News

Bitcoin Mining News

VBit Technologies, one of the only U.S.-based companies developing and hosting Bitcoin mining operations, based out of Philadelphia is expanding its mining business into Montana. Known as the “Known Technology Frontier”, Montana provides access to cheap electricity plus cooler conditions making it an ideal place to turn dormant manufacturing plants into server farms to mine Bitcoin. Yesterday, […]

Crypto-backed lending service CEX.IO LOAN

Crypto-backed lending service CEX.IO LOAN

Crypto-backed lending service CEX.IO LOAN that launched in October 2020, has been experiencing major demand, receiving over $100M worth of loan requests to date. Most of the requests came from institutional investors, despite the service’s popularity among retail clientele, as well. According to CEX.IO LOAN, such an increase in demand can be attributed to the institutionalization […]

Bank Offers Bitcoin at its Branch Locations

Bank Offers Bitcoin at its Branch Locations

Blue Ridge Bank has announced that for the first time in U.S. history a commercial bank is providing access to Bitcoin at its branch locations. Cardholders can purchase and redeem Bitcoin at 19 Blue Ridge Bank ATM locations, consisting of both branch and off-site ATMs. “Blue Ridge Bank is excited to continue its evolution to […]

China Continues Economic Rebound

China Continues Economic Rebound

China’s consumer inflation eased while factory-gate prices rebounded in January, official data showed Wednesday. The country’s consumer price index (CPI), a main gauge of inflation, declined 0.3 percent year on year in January, compared with a 0.2-percent increase in December last year, the National Bureau of Statistics (NBS) said. Food prices increased 1.6 percent year […]

2021 Dubai World Cup Carnival (DWCC) at Meydan on Thursday

2021 Dubai World Cup Carnival (DWCC) at Meydan on Thursday

The fourth meeting of the 2021 Dubai World Cup Carnival (DWCC) at Meydan on Thursday evening, six races sponsored by Pillar Partners Emirates, is highlighted by the Group 2 Al Maktoum Challenge R1, Group 2 Al Rashidiya and, the only Purebred Arabian contest, the Group 2 Mazrat Al Ruwayah. Group 2 $293,000 Al Maktoum Challenge […]

GM had a Good 2020

GM had a Good 2020

Strong demand for large autos in the United States boosted General Motors’ fourth-quarter profits as the big automaker projected Wednesday higher 2021 operating earnings despite a global semiconductor supply shortage. GM reported fourth-quarter profits of $2.8 billion, compared with a loss of $194 million in the year-ago period. Revenues rose 21.7 percent to $37.5 billion. […]

Twitter Decides What India Can Read

Twitter Decides What India Can Read

Twitter said Wednesday it had blocked some accounts in India over comments on mass farmers’ protests in New Delhi, but the social media giant refused to shut down others despite the threat of criminal action by the government. Indian officials last week demanded that Twitter block hundreds of users that have tweeted on demonstrations against […]

Bitcoin will Blow Past $50,000

Bitcoin will Blow Past $50,000

Bitcoin has arrived as an Asset Class and an entire new dynamic has taken over, with only 21m Bitcoin ever and 7b people and growing the math is simple, own some Bitcoin. The Sentiment can be seen in the Candlesticks A white body occurred (because prices closed higher than they opened).During the past 10 bars, […]

Elon Musk and Tesla Light a Fire Under Bitcoin

Elon Musk and Tesla Light a Fire Under Bitcoin

Tesla has invested $1.5 billion in bitcoin and plans to soon accept the cryptocurrency from customers who purchase its electric cars, the company said Monday. The announcement from the automaker, in a US Securities and Exchange Commission (SEC) filing, is a sign of confidence in the cryptocurrency that regulators are concerned could be used for […]

Bitcoin is Booming

Bitcoin is Booming

Bitcoin hit a record-high near $45,000 on Monday after Elon Musk’s electric carmaker Tesla invested $1.5 billion in the digital currency. Bitcoin hit $44,795.20 around 1325 GMT, before cooling slightly to $44,207.95. The cryptocurrency is up by around 50 percent since the start of the year. “This is probably one of the biggest developments for […]

Gold is Still the Safe Haven

Gold is Still the Safe Haven

The US dollar gold price returned 25% in 2020 supported by investor demand. After reaching a record high in August across most currencies, the LBMA Gold Price PM dropped back to US$1,762.55/oz at the end of November, before recovering to close the year at US$1,887.6/oz.  Inflows into global gold ETFs reached an annual record of […]

Yellen to Print Past Biden Blunders

Yellen to Print Past Biden Blunders

Higher minimum wages, increased taxes and a serious uptick in US funding of Globalist groups like the WHO is just part of the mess Biden is creating, but his Treasury does not care, they will just print more money in a never ending death spiral of the US Middle Class. Treasury Secretary Janet Yellen said […]

Asian Markets Up on US Money Printing

Asian Markets Up on US Money Printing

Hopes that US lawmakers would pass Joe Biden’s huge stimulus package helped push Asian markets higher again Monday, while traders were also cheered by falling infection rates and the rollout of vaccines. After a rout at the end of January, the global rally across equities appeared to be back on track, despite concerns that valuations […]

Ripple 2021

Ripple 2021

2020 was certainly not the year anyone expected. Within the financial services sector specifically, 2020 did not meet early expectations for more mainstream blockchain and cryptocurrency adoption.  However, the pandemic did demonstrate new and greater use cases for cryptocurrency. And ultimately, the past 12 months proved to be ones of steady progress that helped strengthen […]

Ripple Earns a Strong Buy Rating

Ripple Earns a Strong Buy Rating

Ripple is what Cryptocurrencies were meant to be, an alternative way of transacting across the globe, forget the ludicrous SEC action and take a look the the Ripple fundamentals. FOr us Ripple is the MUST own Crypto and our 2022 target is $2. Ripple publishes the quarterly XRP Markets Report to voluntarily provide transparency and […]

ECB Launches New Attack on Sovereignty

ECB Launches New Attack on Sovereignty

European Central Bank (ECB) chief Christine Lagarde on Sunday rejected calls to cancel debts run up by eurozone members to buttress their economies during the Covid-19 crisis as the ECB reinforce their new stranglehold on members. The ECB has taken unprecedented steps to cushion the economic blow from the pandemic in the 19-nation euro area, […]

Food is the Next Big Thing

Food is the Next Big Thing

What is the next big thing? World food prices rose in January for the eighth consecutive month, led by cereals, vegetable oils and sugar, according to a report by the Food and Agriculture Organization (FAO) of the United Nations. FAO’s Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities […]

Siyouni’s son St Mark’s Basilica Best Juvenile

Siyouni’s son St Mark’s Basilica Best Juvenile

SIYOUNI’s son St Mark’s Basilica was named the best juvenile in the world during 2020, following publication of international handicappers’ official ratings. The colt was awarded a rating of 120 for his success in the Group 1 Dewhurst Stakes at Newmarket, in which he defeated stablemate Wembley. Trained by Aidan O’Brien, St Mark’s Basilica made […]

Godolphin Produce Another Round of Exceptional 2yos in Australia

Godolphin Produce Another Round of Exceptional 2yos in Australia

Godolphin confirmed its strong hand in Australia’s first juvenile Group One of the year when Arcaded proved herself one of the best two-year-old fillies in training with a dominant win in Saturday’s G1 Blue Diamond Prelude (Fillies) at Caufield. The daughter of Street Boss will now go to the G1 Blue Diamond Stakes at Caulfield […]

Inglis Sets Records at Yearling Sales

Inglis Sets Records at Yearling Sales

A record days trade, a record top price and a record number of smiles. That was the take-out of a stunning opening day of the 2021 Classic Yearling Sale at Riverside that saw significant increases across the board from the corresponding day 12 months ago. The day’s closing gross of $21,418,000 was not only a […]

Transitioning Dubai into a Circular Economy

Transitioning Dubai into a Circular Economy

Dubai Economy is strengthening its initiative launched earlier this year to bring together key industry sectors and stakeholders in an all-encompassing journey towards transitioning Dubai into a circular economy in line with the vision of the leadership and strategic plans of the government. The move has gained fresh momentum with H.H. Sheikh Hamdan bin Mohammed […]

Dubai Becoming a Start Up Hub

Dubai Becoming a Start Up Hub

The grand economic vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has led to the creation of thriving technology hubs like Dubai Internet City that have transformed the industry in the region and made Dubai a major global innovation and start-up […]

What is Bitcoin and why does it matter?

What is Bitcoin and why does it matter?

Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces the official launch of the world’s first Bitcoin SV-focused massive open online course (MOOC), produced in partnership with Saxion University of Applied Sciences in the Netherlands and its dedicated Saxion Blockchain Institute in the Research Group […]

China to Merge Exchanges

China to Merge Exchanges

China’s securities regulator on Friday approved merging the Shenzhen Stock Exchange’s main board with the SME (small and medium-sized enterprises) board. The merger will follow the general principles of unifying business rules and unifying operation supervision modes, with issuance and listing conditions, investor thresholds, trading mechanisms, and stock codes and abbreviations remaining unchanged, said Pi […]

EY Suite of Blockchain Solutions on Ethereum

EY Suite of Blockchain Solutions on Ethereum

— Intends to increase availability of EY blockchain solutions by leveraging Financial Blockchain Shenzhen Consortium (FISCO) Blockchain Open Source (BCOS) platform — Expects to provide EY suite of blockchain solutions on Ethereum and FISCO BCOS through the Blockchain Service Network (BSN) — Availability subject to regulatory approval EY has joined the Financial Blockchain Shenzhen Consortium […]

Global Covid 19 Vaccine Confusion

Global Covid 19 Vaccine Confusion

As several vaccines are rolled out across the world, questions already resolved in the lab are cropping up once again, as governments face the challenges of delivering the jabs to millions of people. – Time between doses? – All three Covid-19 vaccines authorised for use in Europe and the United States are delivered in the […]

Amazon Union to Hit Bottom Line

Amazon Union to Hit Bottom Line

Amazon workers at a large US distribution center will begin voting Monday on whether to unionize after labor regulators rejected a request by the e-commerce giant to delay the process. Ballots will be mailed to workers at the fulfillment center in Bessemer, Alabama, and voting will continue through March 29, according to the Retail, Wholesale […]

LVMH Puts Tiffany Back to Work

LVMH Puts Tiffany Back to Work

Luxury giant LVMH has directed US administrative employees of jeweler Tiffany to resume working part-time at the office on March 1, a person close to the company told AFP Friday. The French company, which completed its acquisition of Tiffany last month, announced the policy in a memo to staff first reported by The Wall Street […]

Kuaishou IPO in Hong Kong

Kuaishou IPO in Hong Kong

Shares in Chinese video app company Kuaishou almost tripled on their Hong Kong debut Friday, following a $5.4 billion initial public offering for the TikTok rival that was the biggest for an internet firm in nearly two years. Its outstanding debut comes despite a crackdown by China on tech firms in recent months and will […]

Activision Blizzard a Pandemic Success

Activision Blizzard a Pandemic Success

Video game titan Activision Blizzard said Thursday its quarterly earnings soared beyond expectations as players flocked to Call of Duty, World of Warcraft, and Candy Crush. Activision Blizzard reported revenue of $2.41 billion in the final three quarters of last year and net income of 65 cents per share, higher than analyst forecasts. The US-based […]

Ford Get Serious About Electric Vehicles

Ford Get Serious About Electric Vehicles

Ford announced Thursday it is accelerating its investment in electric cars, but cautioned that the industry-wide shortage of semiconductors would pinch profits in 2021. The US auto giant, released fourth-quarter and annual results, and said it plans $22 billion in electric car investment through 2025, nearly twice the earlier plan. The announcement is the latest […]

Bitcoin About to Take Off Again

Bitcoin About to Take Off Again

On February 3 and 4, the Michael J. Saylor firm Microstrategy (NASDAQ: MSTR) held an event called “Bitcoin for Corporations,” which aims to entice corporate entities to get into the leading crypto asset. In 2020 and into 2021, there’s been a major expansion of the M2 money supply as estimates believe 25-30% of all USD […]

Bitwise Bitcoin Fund to OTCQX

Bitwise Bitcoin Fund to OTCQX

Bitwise Asset Management, a leading crypto asset manager with over $700 million in assets under management (“AUM”), announced today that it has begun the regulatory process to allow shares of the Bitwise Bitcoin Fund to trade on OTCQX. If approved, shares of the fund would be available for trading in traditional brokerage accounts and for […]

Sino-Global (NASDAQ: SINO) Bitcoin Mining

Sino-Global (NASDAQ: SINO) Bitcoin Mining

Sino-Global Shipping America, Ltd. (NASDAQ: SINO) (“Sino-Global”, the “Company” or “we”), a non-asset based global shipping and freight logistical integrated solutions provider, announced today that the newly appointed Chief Operating Officer Mr. Lei Nie and Chief Technology Officer Mr. Xintang You will spearhead the Company’s effort to enter Bitcoin mining. As Sino-Global evaluates its strategy for 2021 and beyond, the planned Bitcoin […]

Cboe Global Markets, Inc. (Cboe: CBOE) Volume Records in January

Cboe Global Markets, Inc. (Cboe: CBOE) Volume Records in January

Cboe Global Markets, Inc. (Cboe: CBOE), a market operator and global trading solutions provider, today reported January monthly trading volume. – Options ADV up 48 percent, U.S. Equities – Exchange ADV up 85 percent and Global FX ADNV up 5 percent over January 2020 – Cboe’s four options exchanges combined set a new single-day volume […]

Tencent HKG:0700 Cloud is Growing

Tencent HKG:0700 Cloud is Growing

Tencent Cloud today announced that it was given the 2020 Frost & Sullivan Competitive Strategy Leadership Award in the Global Cloud Industry, recognizing the business’s outstanding performance in the global cloud space and highlighting its top-notch security standard and services. Judged based on three key strategic imperatives identified by Frost & Sullivan—new business models, competitive […]

Electronics Market a Pandemic Winner

Electronics Market a Pandemic Winner

Consumers around the world boosted spending on electronics last year as the pandemic sparked higher sales of computers, tablets and games consoles, a research report showed Wednesday. Strategy Analytics said consumer electronics revenues increased seven percent last year to $358.5 billion, with consumers snapping up new gadgets for work, learning and play. The report said […]

Employment Better in January

Employment Better in January

US private employment increased by 174,000 in January, payroll services firm ADP said Wednesday, a gain more than triple analysts’ expectations. But we are yet to see what the Biden wage and tax plan will do to the economy. The report indicates a rebound in hiring after a contraction in December, which the ADP data […]

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