Singapore: STI Index (.STI) global economic slowdown and the China-U.S. trade war will affect this year’s developments in various sectors

Singapore: STI Index (.STI) global economic slowdown and the China-U.S. trade war will affect this year’s developments in various sectors

Singapore: STI Index (.STI) global economic slowdown and the China-U.S. trade war will affect this year’s developments in various sectors Economists have become largely pessimistic of growth in Singapore’s manufacturing industry. The bearish forecasts were based on increasing trade protectionism around the world, particularly in the United States. In a survey released on Wednesday by […]

Gold 1 OZ (XAU=X) geopolitical concerns have lifted gold’s fundamental appeal as a safe haven asset

Gold 1 OZ (XAU=X) geopolitical concerns have lifted gold’s fundamental appeal as a safe haven asset

Gold 1 OZ (XAU=X) geopolitical concerns have lifted gold’s fundamental appeal as a safe haven asset After a huge rally at the end of May and the beginning of June, gold prices have settled into an approximate $30 range over the past week. But it’s not just gold prices: volatility has cooled across the board, […]

Hong Kong: HANG SENG INDEX (.HSI) Falls To Five-Week Low Amid Lowered Trading Sentiments

Hong Kong: HANG SENG INDEX (.HSI) Falls To Five-Week Low Amid Lowered Trading Sentiments

Hong Kong: HANG SENG INDEX (.HSI) Falls To Five-Week Low Amid Lowered Trading Sentiments Extradition protests in Hong Kong escalated over the weekend, sending the city’s Hang Seng Index to its lowest point in over five weeks. Protesters continue to rally across the streets, further worsening trading sentiments within the city’s equities markets. According to […]

Silver 1 OZ 999 NY (XAG=X) Investors focusing on the Persian Gulf Tensions

Silver 1 OZ 999 NY (XAG=X) Investors focusing on the Persian Gulf Tensions

Silver 1 OZ 999 NY (XAG=X) Investors focusing on the Persian Gulf Tensions Gold prices are firmly higher in midday U.S. trading Thursday, boosted on safe-haven buying interest on news of another attack on big ships in the Persian Gulf region. August gold futures were last up $6.90 an ounce at $1,343.70. July Comex silver prices were last up $0.127 […]

Australia: S&P/ASX 200 (.AXJO) future gains limited

Australia: S&P/ASX 200 (.AXJO) future gains limited

Australia: S&P/ASX 200 (.AXJO) future gains limited A strong rally to start 2019 has Australia’s stocks looking expensive, and that could be a bad sign for future gains. The nation’s benchmark S&P/ASX 200 Index has advanced 16 per cent this year, causing valuations to swell. The gauge trades at an estimated price-earnings ratio of 17.1, […]

Alibaba Group Holding Limited (NYSE:BABA) the ongoing U.S.-China trade war still imposes concerns

Alibaba Group Holding Limited (NYSE:BABA) the ongoing U.S.-China trade war still imposes concerns

Alibaba Group Holding Limited (NYSE:BABA) the ongoing U.S.-China trade war still imposes concerns The superficial logic holds water. Although not facing a direct threat, the ongoing U.S.-China trade war still imposes concerns against Alibaba Group (NYSE:BABA) Naturally, this dynamic threatens Alibaba stock. Moreover, Alibaba’s flagship property Tmall has capitalized on the rise of China’s consumerism. But if […]

Dow Jones Industrial Average (.DJI) investors focusing on U.S.-China trade

Dow Jones Industrial Average (.DJI) investors focusing on U.S.-China trade

Dow Jones Industrial Average (.DJI) investors focusing on U.S.-China trade The Dow Jones Industrial Average finished lower for a second day in a row as investors digested a reading on May consumer inflation and continued to eye the U.S.-China trade fight. How did benchmarks perform? The Dow Jones Industrial Average DJIA, -0.17% ended down 43.68 […]

United States Oil (USO) stocks up a second straight week; trade tensions persist

United States Oil (USO) stocks up a second straight week; trade tensions persist

United States Oil (USO) stocks up a second straight week; trade tensions persist Oil prices on Wednesday logged the lowest finish since January as U.S. crude supplies climbed a second week in a row and concerns about energy demand persisted on the back of growing U.S.-China trade tensions. “The dominant trend remains bearish as U.S. […]

Alphabet Inc. (NASDAQ:GOOG) Stock Too Big (and Important) to Break Up

Alphabet Inc. (NASDAQ:GOOG) Stock Too Big (and Important) to Break Up

Alphabet Inc. (NASDAQ:GOOG) Stock Too Big (and Important) to Break Up Anyone who remembers the 2008 financial collapse and the subsequent federal actions likely have a bitter taste in their mouths. Rather than give the American people a break, the government decided to help out major corporations; the very ones that almost destroyed global markets. […]

NASDAQ Composite (.IXIC) focus remained largely attuned to global trade developments

NASDAQ Composite (.IXIC) focus remained largely attuned to global trade developments

NASDAQ Composite (.IXIC) focus remained largely attuned to global trade developments Stocks fell for a second day on Wednesday, pressured by declines in tech and bank shares, pausing a sharp rally to start off June. The Dow Jones Industrial Average dipped 43.68 points, or 0.2%, to 26,004.83 while the S&P 500 closed 0.2% lower at […]

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk gave his annual review and outlook on the company to investors

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk gave his annual review and outlook on the company to investors

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk gave his annual review and outlook on the company to investors Tesla’s recent strong run hit a big bump today after the company’s shareholder meeting yesterday. The stock was up nearly twenty percent in the last ten days but fell 3.61 percent a day after CEO Elon Musk gave his annual […]

Amazon.com, Inc. (NASDAQ:AMZN) Prime Subscriptions Grow

Amazon.com, Inc. (NASDAQ:AMZN) Prime Subscriptions Grow

Amazon.com, Inc. (NASDAQ:AMZN) Prime Subscriptions Grow Just as Costco (NASDAQ: COST ) enjoys high profit margins through membership fees, Amazon Prime is of strategic importance. Last year, more people signed up for Prime than any year before. The more time people spend watching videos and listening to music, the more they are likely to renew their membership […]

Bitcoin: USD/BTC (BTC=X) market looks indecisive on further uptrend momentum

Bitcoin: USD/BTC (BTC=X) market looks indecisive on further uptrend momentum

Bitcoin: USD/BTC (BTC=X) market looks indecisive on further uptrend momentum This year is almost halfway over, and bitcoin is looking back on an exciting year in the price category. It rose from the doldrums, all the way up to arguable exuberance and parabolic action. Lately, bitcoin’s price has seen a bit of ranging activity as the market looks indecisive on […]

Facebook, Inc. (NASDAQ:FB) company has uncovered emails linking CEO Mark Zuckerberg to the social media giant’s controversial privacy practices

Facebook, Inc. (NASDAQ:FB) company has uncovered emails linking CEO Mark Zuckerberg to the social media giant’s controversial privacy practices

Facebook, Inc. (NASDAQ:FB) company has uncovered emails linking CEO Mark Zuckerberg to the social media giant’s controversial privacy practices Facebook stock dipped on a Wall Street Journal report that the company has uncovered emails linking CEO Mark Zuckerberg to the social media giant’s controversial privacy practices. Shares were down more than 2% following the news. […]

Angsana Lang Co Drums Up Summer Family Fun

Angsana Lang Co Drums Up Summer Family Fun

LANG CO, Vietnam (June 13, 2019) – Angsana Lang Co is pushing the boat out this summer when it comes to family fun with a new action-packed promotion. The luxury resort in central Vietnam, which is part of the expansive Laguna Lang Co integrated property, has long been well-regarded for its family friendly qualities. The […]

Shanghai: SSE Composite Index (.SSEC) renewed jitters over the trade war between the U.S. and China were weighing on sentiment

Shanghai: SSE Composite Index (.SSEC) renewed jitters over the trade war between the U.S. and China were weighing on sentiment

Shanghai: SSE Composite Index (.SSEC) renewed jitters over the trade war between the U.S. and China were weighing on sentiment Shares were mostly lower in Asia on Wednesday and Hong Kong’s Seng index tumbled 1.7% as thousands continued protests against proposed legislation that many city residents fear could further erode the territory’s legal autonomy. Renewed […]

British Pound: USD/GBP (GBP=X) Returning to Recent Lows

British Pound: USD/GBP (GBP=X) Returning to Recent Lows

British Pound: USD/GBP (GBP=X) Returning to Recent Lows The Pound returned toward recent lows against the Euro and Dollar going into the London close Wednesday after an opposition attempt to create law preventing a ‘no deal’ Brexit from taking place under the next Prime Minister was defeated in the House of Commons.  Shadow Brexit Secretary […]

Euro: USD/EUR (EUR=X) charts give off multiple signs of reversal higher

Euro: USD/EUR (EUR=X) charts give off multiple signs of reversal higher

Euro: USD/EUR (EUR=X) charts give off multiple signs of reversal higher The Euro-to-Dollar rate may have formed a major bottom on the charts from which it would be likely to reverse and trend higher, according to analysts at Faraday Research, who’re telling clients the down-move in the exchange rate could now be over. Euro-to-Dollar rate charts […]

Japanese Yen: USD/JPY (JPY=X) price testing critical support zone

Japanese Yen: USD/JPY (JPY=X) price testing critical support zone

Japanese Yen: USD/JPY (JPY=X) price testing critical support zone USD/JPY is trading into a critical support zone we’ve been tracking for months now at 107.84-108.43– a region defined by the 61.8% retracement of the 2018 advance and the 2017 low-week close. A break below this key zone is needed to keep the bears in control targeting the 2013 trendline […]

Australian Dollar: USD/AUD (AUD=X) releasing employment change and the unemployment rate

Australian Dollar: USD/AUD (AUD=X) releasing employment change and the unemployment rate

Australian Dollar: USD/AUD (AUD=X) releasing employment change and the unemployment rate AUD/USD is slightly lower in the Wednesday session. In North American trade, AUD/USD is trading at 0.6950, down 0.17% on the day. On the release front, Australian Westpac Consumer Sentiment declined 0.6% in June, after a gain of 0.6% in the May release. In […]

Singapore: STI Index (.STI) sentiment hit by poor retail sales data and lowering of growth forecast

Singapore: STI Index (.STI) sentiment hit by poor retail sales data and lowering of growth forecast

Singapore: STI Index (.STI) sentiment hit by poor retail sales data and lowering of growth forecast Local shares picked up from where they left off on Tuesday and seemed headed for another positive finish yesterday – until the old spectre of trade tensions and the Hong Kong protests hit investor sentiment. The change in mood […]

Gold 1 OZ (XAU=X) heightened trader/investor risk aversion

Gold 1 OZ (XAU=X) heightened trader/investor risk aversion

Gold 1 OZ (XAU=X) heightened trader/investor risk aversion Gold prices are moderately higher in early morning U.S. trading Wednesday. At mid-week there is somewhat heightened trader/investor risk aversion, as evidenced by lower world stock markets today. August gold futures were last up $8.10 an ounce at $1,339.20. July Comex silver prices were last up $0.07 at $14.81 an ounce. European […]

Silver 1 OZ 999 NY (XAG=X) outlook hinges on the next move in gold

Silver 1 OZ 999 NY (XAG=X) outlook hinges on the next move in gold

Silver 1 OZ 999 NY (XAG=X) outlook hinges on the next move in gold Last week, gold rallied strongly into a major zone of resistance, measuring from the February peak at 1347 up to the July 2016 high at 1375. The macro-wedge has a top-side trend-line running over from 2014, with several important connecting points […]

Hong Kong: HANG SENG INDEX (.HSI) stocks fall as huge protests hit financial center

Hong Kong: HANG SENG INDEX (.HSI) stocks fall as huge protests hit financial center

Hong Kong: HANG SENG INDEX (.HSI) stocks fall as huge protests hit financial center Stocks dropped in Hong Kong on Wednesday as tens of thousands of people marched through the city’s financial district to protest a controversial extradition bill. The Hang Seng index ended the day 1.7% lower. Leading the sell-off were property companies like Wharf […]

Australia: S&P/ASX 200 (.AXJO) Is it time to take profit?

Australia: S&P/ASX 200 (.AXJO) Is it time to take profit?

Australia: S&P/ASX 200 (.AXJO) Is it time to take profit? he AMA Group Ltd (ASX: AMA) share price has jumped to a record high this morning after the panel beating and automotive services group released a trading update. The AMA share price advanced around 3% to $1.29 at the time of writing, taking its gain to nearly […]

Facebook, Inc. (NASDAQ:FB) improved underlying fundamentals

Facebook, Inc. (NASDAQ:FB) improved underlying fundamentals

Facebook, Inc. (NASDAQ:FB) improved underlying fundamentals Even though shares of Facebook have fallen sharply on headlines about regulatory scrutiny, Moffett Nathanson said Tuesday the stock’s valuation is attractive given the health of its core business and potential for growth. “We believe improving underlying fundamentals offsets the risk of greater regulatory scrutiny,” Moffett Nathanson’s Michael Nathanson said in […]

Bitcoin: USD/BTC (BTC=X) failed to hold the $8,000 price point

Bitcoin: USD/BTC (BTC=X) failed to hold the $8,000 price point

Bitcoin: USD/BTC (BTC=X) failed to hold the $8,000 price point Bitcoin (BTC) has failed to hold the $8,000 price point that it broke yesterday after seeing another dip below $7,900 before. At press time, bitcoin is trading at $7,878, down 0.82% over the past 24 hours, seeing a sufficient recovery from the intraday low of $7,778. The biggest cryptocurrency […]

United States Oil (USO) EIA cuts forecasts on prices

United States Oil (USO) EIA cuts forecasts on prices

United States Oil (USO) EIA cuts forecasts on prices The U.S. Energy Information Administration reduced its forecasts for oil prices and U.S. crude-oil production, according to its Short-term Energy Outlook report released Tuesday. The EIA forecasts 2019 U.S. crude production of 12.32 million barrels a day, down 1% from the May forecast. It also cut […]

Alibaba Group Holding Limited (NYSE:BABA) New Deal with Russia will boost stock

Alibaba Group Holding Limited (NYSE:BABA) New Deal with Russia will boost stock

Alibaba Group Holding Limited (NYSE:BABA) New Deal with Russia will boost stock Back in September, Alibaba (NYSE: BABA ) announced a joint venture in Russia called AliExpress Russia JV. It now is a done deal. The question is how it might affect Alibaba stock. So let’s take a look at the details: The company, along with the Russia sovereign […]

Tesla, Inc. (NASDAQ:TSLA) has “a decent shot at a record quarter on every level”

Tesla, Inc. (NASDAQ:TSLA) has “a decent shot at a record quarter on every level”

Tesla, Inc. (NASDAQ:TSLA) has “a decent shot at a record quarter on every level” Tesla has “a decent shot at a record quarter on every level”, CEO Elon Musk has told the company’s annual shareholder meeting, soothing concerns about weak demand for the electric car maker’s sedans. Tesla’s stock rose 3.6 per cent to $US225 […]

NASDAQ Composite (.IXIC) investors paused following a run of gains tied to optimism over easing trade tensions

NASDAQ Composite (.IXIC) investors paused following a run of gains tied to optimism over easing trade tensions

NASDAQ Composite (.IXIC) investors paused following a run of gains tied to optimism over easing trade tensions U.S. stocks edged lower in late afternoon trading on Tuesday, as investors paused following a run of gains tied to optimism over easing trade tensions and the prospect of an interest rate cut by the Federal Reserve. Industrials […]

Alphabet Inc. (NASDAQ:GOOG) potential breakup of the company — could be reason to cheer

Alphabet Inc. (NASDAQ:GOOG) potential breakup of the company — could be reason to cheer

Alphabet Inc. (NASDAQ:GOOG) potential breakup of the company — could be reason to cheer Alphabet Inc. investors have been sweating a potential antitrust investigation into the Google parent, but one analyst suggests that regulatory scrutiny — meaning a potential breakup of the company — could be reason to cheer. Needham’s Laura Martin said Tuesday that […]

Dow Jones Industrial Average (.DJI) a failure to break out to new highs would be viewed as negative

Dow Jones Industrial Average (.DJI) a failure to break out to new highs would be viewed as negative

Dow Jones Industrial Average (.DJI) a failure to break out to new highs would be viewed as negative The Dow Jones Industrial Average ended the day down 14.17 points at 26,048.51, erasing a gain of 185.99 points. The S&P 500 slipped less than 0.1% to 2,885.72 while the Nasdaq Composite finished just below breakeven at […]

Amazon.com, Inc. (NASDAQ:AMZN) rarely mentions Whole Foods in earnings

Amazon.com, Inc. (NASDAQ:AMZN) rarely mentions Whole Foods in earnings

Amazon.com, Inc. (NASDAQ:AMZN) rarely mentions Whole Foods in earnings Robb said on Yahoo Finance’s The First Trade that the Amazon deal for Whole Foods was a game-changer. “The deal heralded as a proxy that integrated retailing is the future,” Robb said. “The customer is now in charge of what choices they make — they aren’t […]

Apple Inc. (NASDAQ:AAPL) shares have stalled with iPhone sales, but medical breaththroughs using the Watch are coming

Apple Inc. (NASDAQ:AAPL) shares have stalled with iPhone sales, but medical breaththroughs using the Watch are coming

Apple Inc. (NASDAQ:AAPL) shares have stalled with iPhone sales, but medical breaththroughs using the Watch are coming If you took good advice and have just held Apple (NASDAQ:AAPL) stock, say for five years, your patience has been rewarded. AAPL stock has more than doubled the gain in the S&P average, rising 109%, and delivered a […]

Hong Kong: HANG SENG INDEX (.HSI) gain despite fresh tariff threats

Hong Kong: HANG SENG INDEX (.HSI) gain despite fresh tariff threats

Hong Kong: HANG SENG INDEX (.HSI) gain despite fresh tariff threats China stocks led Asian markets higher Tuesday, despite fresh threats from President Donald Trump to raise tariffs on imports from that country. Trump on Monday told reporters that the U.S. would raise tariffs against China if President Xi Jinping did not attend the G-20 […]

Japanese Yen: USD/JPY (JPY=X) unable to sustain a rally

Japanese Yen: USD/JPY (JPY=X) unable to sustain a rally

Japanese Yen: USD/JPY (JPY=X) unable to sustain a rally USD/JPY reinstated its southerly trajectory on Tuesday following a run to the upside that occurred in Asia with follow through in European markets. The pair was capped at 108.80 and resumed back to the top of the hourly cloud and support, albeit, currently trading below short […]

Singapore: STI Index (.STI) risk-on sentiment alive

Singapore: STI Index (.STI) risk-on sentiment alive

Singapore: STI Index (.STI) risk-on sentiment alive Shares in mainland China surged on Tuesday, as a signal of an infrastructure boost from Beijing outweighed comments from U.S. President Donald Trump on the ongoing trade war between the two economic powerhouses. The Shanghai composite rose 2.58% to close at about 2,925.72 and the Shenzhen component jumped […]

Shanghai: SSE Composite Index (.SSEC) markets celebrate

Shanghai: SSE Composite Index (.SSEC) markets celebrate

Shanghai: SSE Composite Index (.SSEC) markets celebrate Despite Trump’s warning, Chinese indexes jumped on June 11 on the expectation of an infrastructure boost. After rising 1.1% on June 10, the benchmark Shanghai Composite Index rose 2.58% to 2,925.72 on June 11. The tech-focused Shenzhen Component Index outperformed the Shanghai Composite Index, gaining 3.74%. The CSI […]

Silver 1 OZ 999 NY (XAG=X) price tries to recover

Silver 1 OZ 999 NY (XAG=X) price tries to recover

Silver 1 OZ 999 NY (XAG=X) price tries to recover Silver markets gapped initially during the trading session on Tuesday, but then pulled back to fill that gap to find signs of support. By forming a tiny hammer, this suggests that we are going to try to recover the massive bearish candle from the Monday session, […]

Gold 1 OZ (XAU=X) prices remain under pressure as producer inflation pressures rise in line with expectations

Gold 1 OZ (XAU=X) prices remain under pressure as producer inflation pressures rise in line with expectations

Gold 1 OZ (XAU=X) prices remain under pressure as producer inflation pressures rise in line with expectations Gold prices remain under pressure as producer inflation pressures rise in line with expectations. Tuesday the U.S. Labor Department said its Producer Price Index (PPI) rose 0.1% in May, following April’s increase of 0.2%; the data were in […]

Euro: USD/EUR (EUR=X) upside fairly limited

Euro: USD/EUR (EUR=X) upside fairly limited

Euro: USD/EUR (EUR=X) upside fairly limited The Euro to US Dollar exchange rate struggled to find direction during Tuesday’s session amid side-ways price action with the single currency last seen trading at $1.13210, up marginally. Data-wise, Tuesday saw the latest Sentix Investor Confidence (Euro zone) fall sharply, printing in pessimistic territory at -3.3, in contrast […]

FTSE Bursa Malaysia KLCI (.KLSE) Rebounding

FTSE Bursa Malaysia KLCI (.KLSE) Rebounding

FTSE Bursa Malaysia KLCI (.KLSE) Rebounding After months of scrimping on public spending, the Pakatan Harapan (PH) government is showing signs of easing its purse strings and reviving large state projects as investors return to Malaysia. Bloomberg reported today that foreign investors have been coming back, adding that the turnaround would be a boost to […]

Australian Dollar: USD/AUD (AUD=X) holds key resistance

Australian Dollar: USD/AUD (AUD=X) holds key resistance

Australian Dollar: USD/AUD (AUD=X) holds key resistance On the long-side of the US Dollar, AUDUSD may retain some interest. I had looked at the pair in this week’s FX Setups as one of the more attractive backdrops for a return of USD strength, and the resistance zone investigated has thus far held the highs fairly well. Current […]

British Pound: USD/GBP (GBP=X) bid higher on better-than-expected labour market data

British Pound: USD/GBP (GBP=X) bid higher on better-than-expected labour market data

British Pound: USD/GBP (GBP=X) bid higher on better-than-expected labour market data Pound Sterling was seen staging a recovery against the Euro and U.S. Dollar in mid-morning trade on Tuesday, June 11 after UK labour market data showed wages continue to rise. According to ONS data, average earnings, with bonuses included, grew 3.1% in April, which […]

Apple Inc. (NASDAQ:AAPL) intends to rely solely on Broadcom for the components as long as the company can meet commitments for quantity and quality

Apple Inc. (NASDAQ:AAPL) intends to rely solely on Broadcom for the components as long as the company can meet commitments for quantity and quality

Apple Inc. (NASDAQ:AAPL) intends to rely solely on Broadcom for the components as long as the company can meet commitments for quantity and quality Broadcom Inc. AVGO, +1.94% disclosed Monday afternoon that it has landed a two-year deal with Apple Inc. AAPL, +0.95% to provide some components, sending shares higher in after-hours trading. In a […]

United States Oil (USO) investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision

United States Oil (USO) investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision

United States Oil (USO) investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision Oil futures finished lower on Monday as investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision on whether to extend production curbs beyond their expiration this month. Prices fell closer to the session’s lows […]

Facebook, Inc. (NASDAQ:FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones

Facebook, Inc. (NASDAQ:FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones

Facebook, Inc. (NASDAQ:FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones Facebook (NASDAQ: FB) will no longer allow Huawei to pre-install its core app, Messenger, Instagram, or WhatsApp on its smartphones, according to Reuters. The decision comes after several other companies — including Intel , Qualcomm , and ARM Holdings — cut ties with […]

Bitcoin: USD/BTC (BTC=X) must gain pace above the $8,000 barrier to move into a positive zone

Bitcoin: USD/BTC (BTC=X) must gain pace above the $8,000 barrier to move into a positive zone

Bitcoin: USD/BTC (BTC=X) must gain pace above the $8,000 barrier to move into a positive zone Recently, bitcoin price traded to a new weekly swing low close to $7,500 against the US Dollar. The BTC/USD pair found support near $7,500 and recently started a decent upward move. It broke the $7,600 and $7,700 resistance levels to start […]

Metropole Hanoi Debuts New à La Carte Lunch Menu and Five-Course Degustation Menu at Le Beaulieu

Metropole Hanoi Debuts New à La Carte Lunch Menu and Five-Course Degustation Menu at Le Beaulieu

Metropole Hanoi Debuts New à La Carte Lunch Menu and Five-Course Degustation Menu at Le Beaulieu HANOI (June 11, 2019) — Le Beaulieu, the upscale French restaurant at Sofitel Legend Metropole Hanoi, has launched a new à la carte lunch menu and a special five-course degustation dinner menu under executive sous chef Raphael Kinimo. The […]

Alphabet Inc. (NASDAQ:GOOG) pays Apple billions of dollars to be the default search engine on the Safari browser

Alphabet Inc. (NASDAQ:GOOG) pays Apple billions of dollars to be the default search engine on the Safari browser

Alphabet Inc. (NASDAQ:GOOG) pays Apple billions of dollars to be the default search engine on the Safari browser Google pays Apple billions of dollars to be the default search engine in the Safari browser on iPhones and Mac computers. A deal like that doesn’t come together overnight, and a new interview with Apple’s former general counsel Bruce Sewell […]

NASDAQ Composite (.IXIC) looming trade tensions still make a bear market a possibility

NASDAQ Composite (.IXIC) looming trade tensions still make a bear market a possibility

NASDAQ Composite (.IXIC) looming trade tensions still make a bear market a possibility Wall Street investors are enjoying a multiday rally, with the Dow Jones Industrial Average poised for a six-session advance, but strategists at Citigroup say looming trade tensions still make a bear market a possibility if the Trump administration’s tariff disputes aren’t resolved […]

Dow Jones Industrial Average (.DJI) gaining for the sixth session in a row, as investors continued to snap up global equities

Dow Jones Industrial Average (.DJI) gaining for the sixth session in a row, as investors continued to snap up global equities

Dow Jones Industrial Average (.DJI) gaining for the sixth session in a row, as investors continued to snap up global equities U.S. stocks closed higher Monday, with the Dow gaining for the sixth session in a row, as investors continued to snap up global equities after the U.S. dropped plans to impose tariffs on Mexico. […]

Australia: S&P/ASX 200 (.AXJO) investors respond to climbing prospects of easier monetary policy at home and abroad

Australia: S&P/ASX 200 (.AXJO) investors respond to climbing prospects of easier monetary policy at home and abroad

Australia: S&P/ASX 200 (.AXJO) investors respond to climbing prospects of easier monetary policy at home and abroad The ASX is expected to move back within striking distance of a post-GFC high in coming days as investors respond to climbing prospects of easier monetary policy at home and abroad. Thursday’s jobs data for May stands out […]

Singapore: STI Index (.STI) business sentiment edged up slightly

Singapore: STI Index (.STI) business sentiment edged up slightly

Singapore: STI Index (.STI) business sentiment edged up slightly Business sentiment among Singapore firms edged up slightly for the first time after three consecutive quarters of decline, according to the latest Business Optimism Index by the Singapore Commercial Credit Bureau (SCCB). The index was +6.91 percentage points in Q3 2019, up from +5.08 percentage points […]

Hong Kong: HANG SENG INDEX (.HSI) starts week with rally as Trump drops Mexico tariffs threat

Hong Kong: HANG SENG INDEX (.HSI) starts week with rally as Trump drops Mexico tariffs threat

Hong Kong: HANG SENG INDEX (.HSI) starts week with rally as Trump drops Mexico tariffs threat Headline indices of the Hong Kong share market closed sharp higher on Monday, 10 June 2019, as risk sentiments boosted up after better-than-expected China’s trade data for May and news that U. S. President Donald Trump had suspended plans […]

Silver 1 OZ 999 NY (XAG=X) very likely that we have seen at the very least a short-term top

Silver 1 OZ 999 NY (XAG=X) very likely that we have seen at the very least a short-term top

Silver 1 OZ 999 NY (XAG=X) very likely that we have seen at the very least a short-term top Silver markets fell rather hard during the session on Monday, slicing through the $14.75 level, showing just how difficult it’s going to be to continue to go higher. What’s even more interesting is that the candle stick […]

Shanghai: SSE Composite Index (.SSEC) exports grow despite US tariffs, but imports slump most in nearly 3 years

Shanghai: SSE Composite Index (.SSEC) exports grow despite US tariffs, but imports slump most in nearly 3 years

Shanghai: SSE Composite Index (.SSEC) exports grow despite US tariffs, but imports slump most in nearly 3 years Shanghai stocks closed higher on Monday, snapping a six-session losing streak, as worries over trade tensions eased after an agreement between the United States and Mexico to avert a tariff war, and as weak data boosted stimulus […]

Gold 1 OZ (XAU=X) improved trader/investor risk appetite to start the trading week

Gold 1 OZ (XAU=X) improved trader/investor risk appetite to start the trading week

Gold 1 OZ (XAU=X) improved trader/investor risk appetite to start the trading week Gold prices are solidly lower in morning U.S. dealings Monday, on a corrective and profit-taking pullback from recent gains. Improved trader/investor risk appetite to start the trading week is also a negative for the safe-haven metals. A rebound in the U.S. dollar index […]

Moving Average On The Horizon For The Japanese Yen: USD/JPY (JPY=X)

Moving Average On The Horizon For The Japanese Yen: USD/JPY (JPY=X)

Moving Average On The Horizon For The Japanese Yen: USD/JPY (JPY=X) The Greenback is attempting to bounce back against the Japanese yen, establishing trade above the 108.50 level. Rates have stabilized since the 31 May plunge, with the USD/JPY putting in a short-term bottom in the vicinity of 108.00. During the U.S. overnight, Japan released a series […]

British Pound: USD/GBP (GBP=X) losing its gains in response to weak UK data

British Pound: USD/GBP (GBP=X) losing its gains in response to weak UK data

British Pound: USD/GBP (GBP=X) losing its gains in response to weak UK data The pound trades almost exclusively but it has been unable to ignore horrible figures. The UK economy shrank by 0.4% in April, worse than expected and indicating a hangover in the economy after businesses stockpiled ahead of the original Brexit data – […]

Australian Dollar: USD/AUD (AUD=X) starts week with losses

Australian Dollar: USD/AUD (AUD=X) starts week with losses

Australian Dollar: USD/AUD (AUD=X) starts week with losses Aud/Usd has posted considerable losses in the Monday session. In North American trade, AUD/USD is trading at 0.6963, up 0.54% on the day. On the release front, there are no major U.S. events. The sole event is JOLTS Job Openings, which is expected to tick up to […]

Top 10 Hotels in Egypt

Top 10 Hotels in Egypt

Top 10 Hotels in Egypt The Nile Ritz-Carlton Set in the heart of downtown, between the Nile and the iconic Tahrir square, experience Cairo like never before at The Nile Ritz-Carlton. Discover gracious spaces and enjoy exclusive views of the river Nile and the Egyptian Museum from the rooms and suites. The luxury guest room […]

FTSE Bursa Malaysia KLCI (.KLSE) gains ground on improved sentiment

FTSE Bursa Malaysia KLCI (.KLSE) gains ground on improved sentiment

FTSE Bursa Malaysia KLCI (.KLSE) gains ground on improved sentiment The FBM KLCI continues to gain ground Monday as market sentiments were boosted by the US-Mexico deal to avert a tariff war and optimism for a rate cut by the US Federal Reserve. At closing, the benchmark index rose 6.14 points, or 0.37% to 1,655.47. […]

Has the Tesla, Inc. (NASDAQ:TSLA) recovery begun?

Has the Tesla, Inc. (NASDAQ:TSLA) recovery begun?

Has the Tesla, Inc. (NASDAQ:TSLA) recovery begun? It sure looks like it, if you watched the stock price, hammered down below $US200, bounce back last week. Who knows if shares will rally, but if history is a guide, the stock had fallen too far, too fast. Now the bargain-hunters have moved in, recalling prior comebacks. […]

Bitcoin: USD/BTC (BTC=X) price remained in a bearish zone

Bitcoin: USD/BTC (BTC=X) price remained in a bearish zone

Bitcoin: USD/BTC (BTC=X) price remained in a bearish zone Recently, bitcoin price started a major decline below $8,000 against the US Dollar. The BTC/USD pair declined heavily and broke the $7,800 and $7,600 support levels. The pair even broke the $7,800 level and the 100 hourly simple moving average. Finally, there was a break below […]

Alibaba Group Holding Limited (NYSE:BABA) Expanding Product Portfolio

Alibaba Group Holding Limited (NYSE:BABA) Expanding Product Portfolio

Alibaba Group Holding Limited (NYSE:BABA) Expanding Product Portfolio Alibaba has introduced several products and enhancements over the past few years. The company has invested in big data and AI technologies. It has expanded itself on a global basis, which is considered to be a key differentiator, thereby giving it a competitive advantage. In a recent […]

NASDAQ Composite (.IXIC) have finally regained control

NASDAQ Composite (.IXIC) have finally regained control

NASDAQ Composite (.IXIC) have finally regained control The bulls have finally regained control of this market. But like a tennis match between two top-seeded players, there’s no telling when the back-and-forth is going to end. The good news is, the market just received some bad news — the type that all but assures the Fed […]

Apple Inc. (NASDAQ:AAPL) accused of price-fixing

Apple Inc. (NASDAQ:AAPL) accused of price-fixing

Apple Inc. (NASDAQ:AAPL) accused of price-fixing It was not a surprise when Apple was sued last week by app developers who believe there should be more competition in the App Store. That’s because Apple has been accused of price-fixing or monopolistic abuse before, once regarding their control of e-book prices in the iBookStore developed for iPad, and […]

Dow Jones Industrial Average (.DJI) futures point to a higher open

Dow Jones Industrial Average (.DJI) futures point to a higher open

Dow Jones Industrial Average (.DJI) futures point to a higher open Stock futures indicated that the Dow Jones Industrial Average would open higher Monday, after jumping more than 100 points earlier. The futures movement comes in the wake of President Donald Trump’s decision to suspend planned tariffs against Mexico. As of 9:54 p.m. ET Sunday, […]

Twitter, Inc. (NYSE:TWTR) reclaiming its 50-day moving average line

Twitter, Inc. (NYSE:TWTR) reclaiming its 50-day moving average line

Twitter, Inc. (NYSE:TWTR) reclaiming its 50-day moving average line Twitter stock rallied over 2%, extending a win streak to four trading sessions. The social media giant is reclaiming its 50-day moving average line, as a 41.02 buy point looms. The entry is the result of a cup with handle that stretches back to June 2018. […]

United States Oil (USO) Saudi Arabia signals OPEC deal extension

United States Oil (USO) Saudi Arabia signals OPEC deal extension

United States Oil (USO) Saudi Arabia signals OPEC deal extension Oil prices rose on Friday, climbing further from five-month lows hit this week, after Saudi Arabia said OPEC was close to agreeing to extend an output production cut beyond June. Brent crude futures rose 2.7% to $63.33 a barrel. U.S. West Texas Intermediate (WTI) crude […]

Should You Still Own Facebook, Inc. (NASDAQ:FB) Stock?

Should You Still Own Facebook, Inc. (NASDAQ:FB) Stock?

Should You Still Own Facebook, Inc. (NASDAQ:FB) Stock? On July 25, 2018, Facebook (NASDAQ: FB) stock closed at an all-time high of $217.50, representing a gain of more than 450% from its initial public offering (IPO) price. It seemed at the time like the most solid investment out of the whole social media pack.   Other industry […]

USA North Korea Latest News

USA North Korea Latest News

South Korea’s point man on North Korea on Sunday said now is the time to go all-out to create a positive atmosphere for a Washington-Pyongyang summit, despite uncertainty over whether there will be a breakthrough in the stalled U.S.-North Korea nuclear negotiations. Since the second summit between U.S. President Donald Trump and North Korean leader […]

China Economy Going Strong

China Economy Going Strong

China’s exports beat gloomy forecasts to rebound in May though imports sank more than expected as the trade war with the United States heats up, official data showed Monday. The spat between the world’s top two economies escalated last month, with President Donald Trump increasing tariffs on $200 billion in Chinese goods. But Chinese exports […]

Top 10 Best Luxury Hotels in Bangkok

Top 10 Best Luxury Hotels in Bangkok

Top 10 Best Luxury Hotels in Bangkok Thailand’s capital Bangkok is is one the world’s most exciting cities. The metropole, home to 8 million people or 12.6 percent of the country’s population, is a true tourist paradise, proved by the growing number of travelers coming each year. Last year, the city hosted 20 million international tourists, […]

Euro: USD/EUR (EUR=X) broke above a bearish trend-line

Euro: USD/EUR (EUR=X)  broke above a bearish trend-line

Euro: USD/EUR (EUR=X) broke above a bearish trend-line Going along with that USD sell-off this week has been a bullish theme in EURUSD. That bullish theme has shown up despite the brewing risks around the Euro-Zone and the continued pace of dovishness at the ECB. But – those items aren’t necessarily new, whereas this re-pricing […]

Australian Dollar: USD/AUD (AUD=X) RBA and FOMC appear to be at the crossroads

Australian Dollar: USD/AUD (AUD=X) RBA and FOMC appear to be at the crossroads

Australian Dollar: USD/AUD (AUD=X) RBA and FOMC appear to be at the crossroads Two opposing central banks began to collide this week as both the RBA and FOMC appear to be at the crossroads. The RBA made the first big step in many years and cut the cash rate by 25bp to 1.25%. Shortly thereafter, […]

Japanese Yen: USD/JPY (JPY=X) investors will be forced to make a decision due to a change in trading conditions

Japanese Yen: USD/JPY (JPY=X) investors will be forced to make a decision due to a change in trading conditions

Japanese Yen: USD/JPY (JPY=X) investors will be forced to make a decision due to a change in trading conditions The Dollar/Yen closed lower on Friday after posting a volatile outside trading range. The price action suggests investor indecision. Short-covering due to dampened concerns over safe-haven demand may be providing support, but expectations of a sooner-than-expected […]

New Zealand Dollar: NZD/USD (NZD=X) next upside target is the April 30 main top at .6686

New Zealand Dollar: NZD/USD (NZD=X) next upside target is the April 30 main top at .6686

New Zealand Dollar: NZD/USD (NZD=X) next upside target is the April 30 main top at .6686 The New Zealand Dollar finished higher on Friday as a weaker-than-expected U.S. Non-Farm Payrolls report helped raise the chances of a sooner-than-expected rate cut by the U.S. Federal Reserve. As the odds of the rate cut increased, the 10-year […]

Gold 1 OZ (XAU=X) supported by trade tensions and crumbling bond yields

Gold 1 OZ (XAU=X) supported by trade tensions and crumbling bond yields

Gold 1 OZ (XAU=X) supported by trade tensions and crumbling bond yields Gold prices remain close to their 2019 peaks, buoyed up by a range of supportive factors which have added to the luster of all perceived haven assets. Trade tensions remain very high of course, particularly between China and the US where signs of rapprochement […]

British Pound: USD/GBP (GBP=X) to be impacted by leadership race

British Pound: USD/GBP (GBP=X) to be impacted by leadership race

British Pound: USD/GBP (GBP=X) to be impacted by leadership race The Pound could well extend higher this coming ewek but we are wary of a brief and temporary setback from overbought levels The Pound-to-Dollar rate is trading at around 1.2732 at the start of the new week, after rising 0.8% in the previous week. Studies […]

DRB-HICOM BHD (DRBM:KL) gets lift from Proton

DRB-HICOM BHD (DRBM:KL) gets lift from Proton

DRB-HICOM BHD (DRBM:KL) gets lift from Proton Because of the surge in tax bill to RM230.67 million, DRB-Hicom Bhd’s annual net profit came in substantially lower at RM122.87 million for the financial year ended March 31, 2019 (FY19) versus RM91.58 million in the preceding year. However, for the fourth quarter ended March 31, 2019 (4QFY19), […]

Twitter, Inc. (NYSE:TWTR) ad business troubling sign for investors

Twitter, Inc. (NYSE:TWTR) ad business troubling sign for investors

Twitter, Inc. (NYSE:TWTR) ad business troubling sign for investors Twitter (NYSE: TWTR ) ran an experiment last month, showing some users more ads than they would typically see. People did not like the change. Users seeing more ads than normal reported the quality of the advertisements in their feed was well below average, even scammy, […]

Bitcoin: USD/BTC (BTC=X) struggling against determined sellers

Bitcoin: USD/BTC (BTC=X) struggling against determined sellers

Bitcoin: USD/BTC (BTC=X) struggling against determined sellers At a time when Facebook, Samsung, and leading Wall Street tech leaders are foraying into blockchain and crypto, Apple is joining the crypto bandwagon. In a measured announcement during the Worldwide Developers Conference in Cupertino, Apple shall unveil a CryptoKit accompanying the release of their latest operating system, […]

United States Oil (USO) imports increased while exports decreased during the week ending May 31

United States Oil (USO) imports increased while exports decreased during the week ending May 31

United States Oil (USO) imports increased while exports decreased during the week ending May 31 U.S. crude oil imports increased while exports decreased during the week ending May 31, the U.S. Energy Information Administration (EIA) said Wednesday. U.S. crude oil imports averaged 7.9 million barrels per day (b/d) last week, up by 1.065 million b/d […]

Facebook, Inc. (NASDAQ:FB) target of US antitrust regulators

Facebook, Inc. (NASDAQ:FB) target of US antitrust regulators

Facebook, Inc. (NASDAQ:FB) target of US antitrust regulators Bigger is better, right? Well, not always. For Facebook (FB), Amazon (AMZN) and Google (GOOG), being large and dominant is actually providing for major headache. The three tech giants are targets of US antitrust regulators, as it is being reported that the FCC and DOJ are looking […]

Evercore ISI initiating Apple Inc. (NASDAQ:AAPL) as ‘outperform’

Evercore ISI initiating Apple Inc. (NASDAQ:AAPL) as ‘outperform’

Evercore ISI initiating Apple Inc. (NASDAQ:AAPL) as ‘outperform’ Evercore said that despite the various issues swirling around the company, it expects the stock to “grind higher.” “We are initiating on AAPL w/ an Outperform rating as we see several catalysts that should enable the stock to grind higher from current levels. While we understand iPhone units (and […]

Tesla, Inc. (NASDAQ:TSLA) company is pushing hard to reach high delivery goals

Tesla, Inc. (NASDAQ:TSLA) company is pushing hard to reach high delivery goals

Tesla, Inc. (NASDAQ:TSLA) company is pushing hard to reach high delivery goals Tesla finished its second best day of the week on the stock market Thursday after a report that it is reaching record sales numbers. The stock closed up 4.8%, adding more than $1.6 billion to its market cap, which now sits at $36.4 […]

Alphabet Inc. (NASDAQ:GOOG) made its first big cloud computing acquisition

Alphabet Inc. (NASDAQ:GOOG) made its first big cloud computing acquisition

Alphabet Inc. (NASDAQ:GOOG) made its first big cloud computing acquisition Alphabet‘s (GOOGL) Google made its first big cloud computing acquisition under new boss Thomas Kurian by purchasing data analytics firm Looker for $2.6 billion in cash, the company said Thursday. Google stock edged down on the news. The internet search and advertising giant and Santa […]

Strained U.S.-China relations expose how truly vulnerable Alibaba Group Holding Limited (NYSE:BABA) stock is

Strained U.S.-China relations expose how truly vulnerable Alibaba Group Holding Limited (NYSE:BABA) stock is

Strained U.S.-China relations expose how truly vulnerable Alibaba Group Holding Limited (NYSE:BABA) stock is It’s amazing the difference a month’s time can make. In early May, headlines shouted that insiders believed a trade deal between the U.S. and China was imminent. Today, leaders from the two nations have ratcheted up their angry rhetoric. This of […]

NASDAQ Composite (.IXIC) expectations of a supportive central bank kept in check worries of a flare up in trade tensions after President Donald Trump’s fresh China tariffs threat

NASDAQ Composite (.IXIC) expectations of a supportive central bank kept in check worries of a flare up in trade tensions after President Donald Trump’s fresh China tariffs threat

NASDAQ Composite (.IXIC) expectations of a supportive central bank kept in check worries of a flare up in trade tensions after President Donald Trump’s fresh China tariffs threat Wall Street’s main indexes edged higher in choppy trading on Thursday, as expectations of a supportive central bank kept in check worries of a flare up in […]

Dow Jones Industrial Average (.DJI) investors speculated that the U.S. and Mexico are getting closer to a resolution over immigration issues

Dow Jones Industrial Average (.DJI) investors speculated that the U.S. and Mexico are getting closer to a resolution over immigration issues

Dow Jones Industrial Average (.DJI) investors speculated that the U.S. and Mexico are getting closer to a resolution over immigration issues Stocks rose on Thursday as investors speculated that the U.S. and Mexico are getting closer to a resolution over immigration issues that would delay the tariffs threatened by President Donald Trump. The Dow Jones […]

Louis T Collection Debuts Quay Perth Hotel in Western Australian Capital New boutique hotel to open on June 10th on Perth’s Elizabeth Quay

Louis T Collection Debuts Quay Perth Hotel in Western Australian Capital New boutique hotel to open on June 10th on Perth’s Elizabeth Quay

PERTH, Australia (June 6, 2019) – Singapore-based hotel management and building solutions company Louis T Collection is set to officially open the doors of the Quay Perth hotel on Monday June 10, 2019. Quay Perth is a new 80-room boutique hotel on the site of the former New Esplanade hotel and the newest addition to […]

Celebrity Chef Luke Nguyen Leads New Culinary Experience in Saigon

Celebrity Chef Luke Nguyen Leads New Culinary Experience in Saigon

An exclusive foodie tour of one of the world’s most vibrant dining destinations HO CHI MINH CITY, Vietnam (June 6, 2019) — While many hotels dispatch executive chefs to market with food-obsessed guests, The Reverie Saigon is endeavouring to deepen its guests’ appreciation of the city and its culinary heritage with a fresh approach involving […]

Australia: S&P/ASX 200 (.AXJO) modest gains across the board pushing the market higher

Australia: S&P/ASX 200 (.AXJO) modest gains across the board pushing the market higher

Australia: S&P/ASX 200 (.AXJO) modest gains across the board pushing the market higher Australian shares advanced on Thursday, with modest gains across the board pushing the market higher for a third straight session. The S&P/ASX 200 Index added 24.5 points, or 0.4 per cent, to end the session at 6383, while the broader All Ordinaries […]

Euro: USD/EUR (EUR=X) ECB Holds Interest Rate

Euro: USD/EUR (EUR=X) ECB Holds Interest Rate

Euro: USD/EUR (EUR=X) ECB Holds Interest Rate The Euro US Dollar (EUR/USD) exchange rate rose today and is currently trading around $1.1267 on the interbank market. The Euro (EUR) edged higher against the US Dollar (USD) following the publication of the Eurozone’s GDP figures for the first quarter, which held steady at 0.4%, confirming its […]