Monday’s World Markets Outlook: Asia-Pacific

MSCI’s broadest index of Asia-Pacific shares sans Japan rose 0.1% in early trade, while Japan’s Nikkei gained 1.1% ahead of an earnings heavy week. Philippine shares fell Monday following a warning that the coronavirus pandemic will likely send the economy into its first annual contraction in more than two decades this year, while financials helped […]

It is Time to Close All BSL4 (bio-warfare) Laboratories

It is Time to Close All BSL4 (bio-warfare) Laboratories

Leading scientists are adamant that all BSL3 and BSL4 laboratories must be closed down and all bio-warfare work with lethal pathogens ceased. “They are all existentially dangerous, and a catastrophe waiting to happen. And it is now happened. Here we are. It is staring us in the face,” says Francis Boyle, a former advisory board […]

The Venice Film Festival Going Forward as Planned

The Venice Film Festival Going Forward as Planned

Venice Film Festival still plans to proceed on the Lido in the event’s customary early September slot. Roberto Cicutto, President of the Venice Biennale, the fest’s parent organization, said this week in an interview that the 2-12 September dates of the 77th edition of Venice are confirmed. Mr. Cicutto in the interview downplayed the possibility of a collaboration […]

The US Now Has 3 Companies with Market Caps Over $1-T

The US Now Has 3 Companies with Market Caps Over $1-T

$APPL $AMZN $MSFT Companies have moved in and out of the $1-T market cap club since Apple Inc. (NASDAQ:AAPL) created it in August 2018. Despite the stock market’s recent waterfall and come back, 3 companies have shares that trade so that their values are above the $1-T mark: Apple, Amazon and Microsoft. It is easy […]

No Cost Lockdown Travel: Visit these UNESCO World Heritage Sites Without Leaving Home

No Cost Lockdown Travel: Visit these UNESCO World Heritage Sites Without Leaving Home

Yes, the COVID-19 coronavirus has travel a standstill. But in this digital age there are ways to indulge your wanderlust without leaving your home. Thanks to UNESCO, we can visit many of the world’s most awe-inspiring official World Heritage Sites in living room comfort. These tours are special is that they are designed in 360-degree […]

The Coronavirus is Driving the 1st World Headlong into ‘The Fourth Industrial Revolution’

The Coronavirus is Driving the 1st World Headlong into ‘The Fourth Industrial Revolution’

The Encyclopedia Britannica says: “The Fourth Industrial Revolution heralds a series of social, political, cultural, and economic upheavals that will unfold over the 21st century. Building on the widespread availability of digital technologies that were the result of the Third Industrial, or Digital, Revolution, the Fourth Industrial Revolution will be driven largely by the convergence of […]

Dow Jones Industrial Average (.DJI) surges higher as investors drew encouragement from President Donald Trump’s plan to re-open the world’s biggest economy

Dow Jones Industrial Average (.DJI) surges higher as investors drew encouragement from President Donald Trump’s plan to re-open the world’s biggest economy

Dow Jones Industrial Average (.DJI) surges higher as investors drew encouragement from President Donald Trump’s plan to re-open the world’s biggest economy Wall Street was also buoyed by Boeing Co.’s announcement that it will re-start production at its Seattle-based facility, where it assembles some of its biggest jetliners, in a move that bring around 27,000 […]

Friday’s World Markets Outlook: Asia-Pacific

Japan’s share benchmark Nikkei hit its highest closing mark in nearly 6 wks Friday, tracking gains in US futures, supported by reports of a potential coronavirus treatment and President Trump’s guidelines for re-opening the economy. The Nikkei average advanced 3.2% on short-covering to finish at 19,897.26, its highest closing since 9 March, om the week, […]

Latest on the Spread of the Coronavirus Around the World

Latest on the Spread of the Coronavirus Around the World

Reported cases of the coronavirus crossed 2.14-M globally and 143,744 people have died, according to a Reuters tally as of 0200 GMT Friday. DEATHS AND INFECTIONS * For an interactive graphic tracking the global spread, open tmsnrt.rs/3aIRuz7 in an external browser. * For a U.S.-focused tracker with state-by-state and county map, open tmsnrt.rs/2w7hX9T in an external browser. AMERICAS * […]

Alphabet Inc. (NASDAQ:GOOG) wants to build a serious hardware rivalry with Apple

Alphabet Inc. (NASDAQ:GOOG) wants to build a serious hardware rivalry with Apple

Alphabet Inc. (NASDAQ:GOOG) wants to build a serious hardware rivalry with Apple For the past four years, Google, a company that built its kingdom on search and data, has puffed out its chest and told the world it’s now a serious hardware company. But its efforts have often been clumsy and confusing. Yet there are […]

Facebook, Inc. (NASDAQ:FB) Gains 30% In A Month

Facebook, Inc. (NASDAQ:FB) Gains 30% In A Month

Facebook, Inc. (NASDAQ:FB) Gains 30% In A Month Social networking giant Facebook (FB) has been trading higher after its shares touched 52-week low of $137.1 on March 18. The stock has gained nearly 30% in less than a month. FB recorded a 52-week high of $224.2 on January 29 this year. As the world is […]

FTSE Bursa Malaysia KLCI (.KLSE) rises 0.38% on select index-linked stocks as regional markets trade mixed, US corporate earnings eyed

FTSE Bursa Malaysia KLCI (.KLSE) rises 0.38% on select index-linked stocks as regional markets trade mixed, US corporate earnings eyed

FTSE Bursa Malaysia KLCI (.KLSE) rises 0.38% on select index-linked stocks as regional markets trade mixed, US corporate earnings eyed The FBM KLCI advanced 0.38% in early trade Tuesday as gains at select index-linked stocks lifted the local bellwether, against the backdrop of mixed regional markets, with US corporate earnings this week set to dictate […]

3 Top Gold Miners, All Strong Buys

3 Top Gold Miners, All Strong Buys

$GOLD, $BTG, $NEM In times of high volatility, precious metals see increased purchases as investors seek a safe-haven. Gold is the tradition safe-play, the place where savvy investors can put their money and watch it hold its value. With gold in a long term uptrend, stock investors are buying in to and they are doing […]

President Trump Turns Up the Heat on the UN’s World Health Organization

President Trump Turns Up the Heat on the UN’s World Health Organization

Friday, President Trump accused the World Health Organization (WHO) of helping the Chinese communist regime to conceal the number of its citizens that have been infected by its latest virus. “I do believe they knew,” the president said at Friday’s briefing of the coronavirus task force, suggesting that the WHO was aware that President Xi […]

Virtual Tour of Ferrari World Abu Dhabi

Virtual Tour of Ferrari World Abu Dhabi

$RACE The World’s 1st Ferrari inspired theme park with record breaking thrill rides, family adventures, magical journeys and world class entertainment featuring the world’s fastest rollercoaster, Formula Rossa, Flying Aces with its’ record breaking world tallest loop, the brand new turbo track and the forthcoming Mission Ferrari alongside family favourites such as the Scuderia challenge, […]

“We are sparing no expense to win this War!”

“We are sparing no expense to win this War!”

We are sparing no expense to win this war President Trump said Monday at the White House briefing. “We have the best doctors, the best military leaders, and the best logistics professionals anywhere in the world,” President Trump said. “And we are orchestrating a massive federal response unlike anything our country has ever seen or […]

Hong Kong: HANG SENG INDEX (.HSI) – Hong Kong developers buy US$193.5 million worth of own shares in bid to support market, boost confidence

Hong Kong: HANG SENG INDEX (.HSI) – Hong Kong developers buy US$193.5 million worth of own shares in bid to support market, boost confidence

Hong Kong: HANG SENG INDEX (.HSI) – Hong Kong developers buy US$193.5 million worth of own shares in bid to support market, boost confidence The slumping equity market has prompted some Hong Kong developers and their majority owners to step in and shore up support for investors, while increasing their stakes at the same time. […]

Crude Oil Responds to President Trump’s Efforts to Stabilize the World Market

Crude Oil Responds to President Trump’s Efforts to Stabilize the World Market

$DIA $SPY $QQQ $RUTX $USO $OIL $VXX Friday afternoon, President Trump met with Big Oil company executives at the White House to discuss this Oil price decline threatening their businesses, brought on by the coronavirus outbreak and a Saudi-Russia price war. “We will work this out and we will get our energy business back,” President Trump […]

Alphabet Inc. (NASDAQ:GOOG) Data Shines Light on Whether Coronavirus Lockdowns Worldwide Are Working

Alphabet Inc. (NASDAQ:GOOG) Data Shines Light on Whether Coronavirus Lockdowns Worldwide Are Working

Alphabet Inc. (NASDAQ:GOOG) Data Shines Light on Whether Coronavirus Lockdowns Worldwide Are Working Alphabet Inc’s Google has published charts showing how the coronavirus has brought hard-hit Italy to a standstill, led to runs on grocery stores around the world and prompted a stark drop in going-out between Mardi Gras and St. Patrick’s Day. The analysis […]

Thursday’s World Stock Markets Update: Asia and Oceania

Asian share markets were down Thursday, clouded by the rising US coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy, ahead of another likely record week of jobless claims. With hopes growing that the worst of the outbreak may have passed for China and SKorea, the […]

What Luxury Travelers Need to Know During this Worldwide Health Emergency

What Luxury Travelers Need to Know During this Worldwide Health Emergency

Rumours began to leak out of China about a strange illness inflicting citizens in the City of Wuhan in January. Word soon got out that a virus known as “SARS-CoV-2” was causing a disease named “coronavirus disease 2019.”  In the few weeks since it was 1st discovered, coronavirus has infected more than 125,000 people around the […]

World’s Best Chefs Serve Up Awareness of the Doomed State of the Food Service Industry

World’s Best Chefs Serve Up Awareness of the Doomed State of the Food Service Industry

Today, as a result of the coronavirus pandemic, the world’s best Chefs are focused on serving up awareness about the doomed state of the food service industry. Good work, yes!, but that activism on Top of the $2.2-T aid/relief package will likely not be enough.  “I expect 70% of restaurants will close as a result […]

Hong Kong: HANG SENG INDEX (.HSI) now trading below its net asset value for only the third time in almost 30 years

Hong Kong: HANG SENG INDEX (.HSI) now trading below its net asset value for only the third time in almost 30 years

Hong Kong: HANG SENG INDEX (.HSI) now trading below its net asset value for only the third time in almost 30 years Hong Kong’s stocks are so beaten down that the Hang Seng Index is now trading below its net asset value for only the third time in almost 30 years. The 50-member benchmark was […]

Shanghai world’s top IPO market as Hong Kong falls to sixth place in first quarter

Shanghai world’s top IPO market as Hong Kong falls to sixth place in first quarter

Shanghai overtook Hong Kong as the world’s top initial public offering (IPO) destination in the first three months of the year, but mega deals waiting in the wings for calmer markets could yet shake up the full-year rankings. The Shanghai exchange’s stellar performance in the first quarter was in part due to the 30.7 billion […]

These Companies Have Had Little Shaved from Their Market Cap During the Virus War

These Companies Have Had Little Shaved from Their Market Cap During the Virus War

$MSFT $AAPL $AMZN $GOOGL $FB $BRK.A $V $JPM $WMT These are large companies that are well positioned to help the new/post-virus consumer economy and the product and service businesses that serve it. Microsoft Corp’s (NASDAQ:MSFT) market cap is $1.13-T. Shares have retreated 7.6% over the past month. The company’s position as a leader in cloud […]

Commentary: Paul Ebeling on Wall Street, World Vs Coronavirus

Commentary: Paul Ebeling on Wall Street, World Vs Coronavirus

$DIA $SPY $QQQ $RUTX $VXX $JPM Just in: JPMorgan (NYSE:JPM) says the stock market rout has probably past its worst now. Again, there is something really different about the COVIS-19 coronavirus and the world’s reaction to it, the reaction is unprecedented, and scary. The past 4 wks have seen huge responses not only from central […]

Understanding the Impact of the Crude Oil Price War on the Middle East

Understanding the Impact of the Crude Oil Price War on the Middle East

$OIL $USO $USG $USD Here is closer look at the ripple effects of plunging oil prices and a weak demand for the commodity, as well as predictions on how the industry will cope in the near- to long-term The Crude Oil markets have suffered from the 2X shock of the viral pandemic and politics, and […]

Dow Surges 2,113, NASDAQ Composite (.IXIC) Jumps 557

Dow Surges 2,113, NASDAQ Composite (.IXIC) Jumps 557

Dow Surges 2,113, NASDAQ Composite (.IXIC) Jumps 557 The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on Tuesday to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus. The Dow burst 11.4% higher, while the more closely followed […]

Donald J. Trump has Become a Wartime President: “Praise the Lord, He Passed Us the Ammunition”

Donald J. Trump has Become a Wartime President: “Praise the Lord, He Passed Us the Ammunition”

$BAYRY Never before have the American People been affected by such a catastrophe, as no war has or will have the effect of a virus such as COVID-19 worldwide.  In essence, the $21-T+ American economy at a standstill with millions of American families wondering how they will survive economically. About 40% live paycheck to paycheck […]

Canadian Dollar: USD/CAD (CAD=X) faces heavy selling pressure as oil plunged to levels not seen since 2003

Canadian Dollar: USD/CAD (CAD=X) faces heavy selling pressure as oil plunged to levels not seen since 2003

Canadian Dollar: USD/CAD (CAD=X) faces heavy selling pressure as oil plunged to levels not seen since 2003 Yesterday, Canadian dollar faced heavy selling pressure as oil plunged to levels not seen since 2003. Today, oil is getting support from bargain hunters as well as from the U.S. government, which decided to purchase 30 million barrels of oil […]

The 3 Stages of Bull and Bear Markets

The 3 Stages of Bull and Bear Markets

$DIA $XAU $USO What a wild week; I am overwhelmed!  In my articles I usually find a narrative theme in which to insert my graphics But this week the only theme that comes to mind is what an awful week it was, just awful.  Come to think of it, that’s actually a pretty good theme […]

Alibaba Group Holding Limited (NYSE:BABA) warned revenue from its core e-commerce business will fall in the current quarter

Alibaba Group Holding Limited (NYSE:BABA) warned revenue from its core e-commerce business will fall in the current quarter

Alibaba Group Holding Limited (NYSE:BABA) warned revenue from its core e-commerce business will fall in the current quarter Alibaba BABA, -6.94% stock had a great run last year as it rose 55% , making it deserving of the title of being among the best technology stocks out of China. The stock even managed to continue […]

Gold 1 OZ (XAU=X) Prices Resume Downward March

Gold 1 OZ (XAU=X) Prices Resume Downward March

Gold 1 OZ (XAU=X) Prices Resume Downward March Spot gold prices shook off a mild move to the upside and turned sharply lower again on Thursday in another day of extreme volatility. Gold prices were down $41.30 or 2.53 percent to $1,593.50 after peaking at $1,646.40 and sinking as low as $1,560.60. Comments from U.S. […]

Canadian Dollar: USD/CAD (CAD=X) Points Downward Again

Canadian Dollar: USD/CAD (CAD=X) Points Downward Again

Canadian Dollar: USD/CAD (CAD=X) Points Downward Again The Canadian dollar plunged deeper overnight. It was not alone. U.S. President Trump addressed the Nation on Wednesday night, announcing a travel ban from Europe to the U.S. He said “The European Union failed to take the same precautions and restrict travel from China and other hotspots. As […]

President Trump takes “a very strong step toward increasing domestic production by enforcing Buy American requirements for pharmaceuticals and medical supplies”

President Trump takes “a very strong step toward increasing domestic production by enforcing Buy American requirements for pharmaceuticals and medical supplies”

President Trump will announce an Executive Order insisting on American-made medical supplies and pharmaceuticals in response to the coronavirus outbreak. Time to Step Back, Focus on Investing Not Day to Day Speculation, Do Not Sell American Markets Short Today, tabloid and irresponsible journalism, is causing panic through unwise coverage that is dominating MSM, compounded by […]

NASDAQ Composite (.IXIC) – Wall Street drops over 3% on virus fears, travel shares slammed

NASDAQ Composite (.IXIC) – Wall Street drops over 3% on virus fears, travel shares slammed

NASDAQ Composite (.IXIC) – Wall Street drops over 3% on virus fears, travel shares slammed U.S. stocks tumbled on Thursday, with shares of banks and travel companies taking a beating, as a new wave of fear about the spread of the coronavirus and its economic impact gripped investors just one day after election results powered […]

Apple Inc. (NASDAQ:AAPL) reportedly warns stores of iPhone replacement shortages

Apple Inc. (NASDAQ:AAPL) reportedly warns stores of iPhone replacement shortages

Apple Inc. (NASDAQ:AAPL) reportedly warns stores of iPhone replacement shortages Apple’s coronavirus-related iPhone supply shortage might cause problems if you total your handset in the near future. Apple store workers talking to Bloomberg say they’ve been warned that replacement iPhones will be in low supply for up to two to four weeks. Reps can reportedly […]

Sharjah’s Most Astonishing New Resort Attracts Worldwide Acclaim

Sharjah’s Most Astonishing New Resort Attracts Worldwide Acclaim

Travel + Leisure puts GHM debut on its 2020 IT List as resort announces new name A year after Al Bait Sharjah opened in the U.A.E. as an antidote to the towering hospitality ambitions of nearby Dubai, the resort has won acclaim as one of the most remarkable new hotels in the world. Travel + […]

Amazon.com, Inc. (NASDAQ:AMZN) is fighting an unseen war against the coronavirus and ugly sellers

Amazon.com, Inc. (NASDAQ:AMZN) is fighting an unseen war against the coronavirus and ugly sellers

Amazon.com, Inc. (NASDAQ:AMZN) is fighting an unseen war against the coronavirus and ugly sellers The coronavirus disease COVID-19 has evolved from a regional inconvenience to a worldwide threat in the span of only a couple of months. Lockdowns in China have spread to neighboring Japan, while new cases of the virus are seemingly popping up […]

United States Oil (USO) Prices Plunged More Than 3% as Coronavirus Threat Looms

United States Oil (USO) Prices Plunged More Than 3% as Coronavirus Threat Looms

United States Oil (USO) Prices Plunged More Than 3% as Coronavirus Threat Looms Oil prices plunged more than 3% and traded near their 2017 lows as reports around the coronavirus health crisis worsened. U.S. Crude Oil WTI Futures plunged 3.1% to $45.62 by 1:35 AM ET (05:35 GMT). International Brent Oil Futures slid 2.8% to […]

Australia: S&P/ASX 200 (.AXJO) top 200 companies has now shed just under $130 billion since the start of the week

Australia: S&P/ASX 200 (.AXJO) top 200 companies has now shed just under $130 billion since the start of the week

Australia: S&P/ASX 200 (.AXJO) top 200 companies has now shed just under $130 billion since the start of the week Australian shares fell sharply again on Wednesday, with the benchmark S&P/ASX 200 notching its largest three-day fall since August 2015. The index tumbled 158.5 points, or 2.3 per cent, to 6708.1 points, finishing trade near […]

Box Office: ‘Sonic the Hedgehog’ Supers Past ‘Call of the Wild’ with $26.3-M

Box Office: ‘Sonic the Hedgehog’ Supers Past ‘Call of the Wild’ with $26.3-M

$CMCSA, $DIS, $VIA, $SNE, $AMZN Paramount’s blue video-game hero outpaced Harrison Ford and a CGI dog to take the top spot at the domestic box office. Paramount’s Sonic the Hedgehog and Disney’s The Call of the Wild, numbers were close, but the hedgehog that beat out Harrison Ford and a CGI dog at the North American box office […]

Alibaba Group Holding Limited (NYSE:BABA) CEO Daniel Zhang warns of a “black swan” event

Alibaba Group Holding Limited (NYSE:BABA) CEO Daniel Zhang warns of a “black swan” event

Alibaba Group Holding Limited (NYSE:BABA) CEO Daniel Zhang warns of a “black swan” event As China’s largest e-commerce company, it’s not surprising that Alibaba (NYSE:BABA) is concerned about the coronavirus. Before the bell on Feb. 13, the company reported fiscal third-quarter earnings of $2.61 a share on sales of $23.2 billion. Those figures soundly beat […]

NASDAQ Composite (.IXIC) Hits Another Closing High Despite Apple’s Warning

NASDAQ Composite (.IXIC) Hits Another Closing High Despite Apple’s Warning

NASDAQ Composite (.IXIC) Hits Another Closing High Despite Apple’s Warning You’d think an epic selloff was inevitable after learning that the coronavirus would impact Apple’s results, but instead stocks came well off their lows on Tuesday with one index even closing at a new high.   Yesterday, the iPhone maker said that the sickness would pull […]

There are now almost 7000 Bitcoin: USD/BTC (BTC=X) ATMs Worldwide

There are now almost 7000 Bitcoin: USD/BTC (BTC=X)  ATMs Worldwide

There are now almost 7000 Bitcoin: USD/BTC (BTC=X) ATMs Worldwide ATMs that support digital coins and cryptocurrency have increased parallel to the trend on the market since the beginning of the year, reports Bitcoin.com. With the promising start this year had with cryptocurrencies – Bitcoin itself has risen from a price of below $7000 since […]

Tesla, Inc. (NASDAQ:TSLA) has ‘6 years lead over Toyota and VW’ in electronics, says new Model 3 teardown

Tesla, Inc. (NASDAQ:TSLA) has ‘6 years lead over Toyota and VW’ in electronics, says new Model 3 teardown

Tesla, Inc. (NASDAQ:TSLA) has ‘6 years lead over Toyota and VW’ in electronics, says new Model 3 teardown A new Tesla Model 3 teardown ordered by the Nikkei Business Publications came to the conclusion that Tesla is “6 years ahead of Toyota and VW” when it comes to electronics. Tesla has impressed many engineers who […]

Apple Inc. (NASDAQ:AAPL) warns sales to fall short of target due to coronavirus impact

Apple Inc. (NASDAQ:AAPL) warns sales to fall short of target due to coronavirus impact

Apple Inc. (NASDAQ:AAPL) warns sales to fall short of target due to coronavirus impact Apple Inc warned on Monday it was unlikely to meet a sales target set just three weeks ago amid lost production and weakening demand in China from the coronavirus outbreak. The illness has killed 1,770 in China and stricken some 70,500 […]

Alibaba Group Holding Limited (NYSE:BABA) set to report its Q3 fiscal 2020 financial results before the market opens on Thursday, February 13

Alibaba Group Holding Limited (NYSE:BABA) set to report its Q3 fiscal 2020 financial results before the market opens on Thursday, February 13

Alibaba Group Holding Limited (NYSE:BABA) set to report its Q3 fiscal 2020 financial results before the market opens on Thursday, February 13 Alibaba (BABA) shares have surged 36% in the last six months to easily top the S&P 500’s 17% climb. The Chinese e-commerce giant looks ready to continue its expansion in the post-Jack Ma […]

Four of the World’s Most Romantic Hotels

Four of the World’s Most Romantic Hotels

For some travelers, a romantic escape is about real luxury, private dining, and poolside spa treatments. For others, it means a getaway into remote wilderness spot surrounded by pristine scenery. Whatever your preference, below is a list of 4 favorite romantic hotels in the world  where lovers connect. Soneva Jan, Maldives Located on an uninhabited […]

Box Office: ‘Birds of Prey’ Tethered to Just $33.3-M Open

Box Office: ‘Birds of Prey’ Tethered to Just $33.3-M Open

$SNE $CMCSA The Margot Robbie-led DC superhero pic opened almost $20-M behind expectations. Birds of Prey and the Fantabulous Emancipation of One Harley Quinn failed to gain altitude in its box office debut at the weekend, earning a weak $33.3-M from 4,236 theaters to mark 1 of the lowest domestic launches for a studio superhero pic. The […]

1958 Ferrari 335 S Spyder Wins 5th Annual The Peninsula Classics Best Of The Best Award

1958 Ferrari 335 S Spyder Wins 5th Annual The Peninsula Classics Best Of The Best Award

$RACE The 5th Peninsula Classics Best of the Best Award has been won by a 1958 Ferrari 335 S Spyder Scaglietti, completing yet another wonderful story of automotive redemption. This 1 of 4 Ferrari factory team cars spent a long period of its life abandoned, before being reclaimed, restored and returned to prominence. The Ferrari […]

United States Oil (USO) – U.S. Weighs Sanctions on Rosneft But Is Wary of Oil Market Chaos

United States Oil (USO) – U.S. Weighs Sanctions on Rosneft But Is Wary of Oil Market Chaos

United States Oil (USO) – U.S. Weighs Sanctions on Rosneft But Is Wary of Oil Market Chaos The U.S. is weighing whether to sanction Russia’s biggest oil producer, Rosneft PJSC, for maintaining ties with Venezuela’s Nicolas Maduro, though American officials are wary that the move could cause chaos in global oil markets, according to people […]

Hong Kong: HANG SENG INDEX (.HSI) World braces for sell-off Monday at China market reopening

Hong Kong: HANG SENG INDEX (.HSI) World braces for sell-off Monday at China market reopening

Hong Kong: HANG SENG INDEX (.HSI) World braces for sell-off Monday at China market reopening Central bank readies $174bn liquidity injection as coronavirus spreads further Chinese equities markets are poised for their weakest Lunar New Year start in at least two decades when they return Monday from a break extended to contain the deadly new […]

The World Descends into Chaos, And Bitcoin: USD/BTC (BTC=X) is on the Rise

The World Descends into Chaos, And Bitcoin: USD/BTC (BTC=X) is on the Rise

The World Descends into Chaos, And Bitcoin: USD/BTC (BTC=X) is on the Rise Why Bitcoin is Continuing to Climb, from More Solid Ground Than Ever Last night saw Bitcoin once again soaring up the market, with a 6% increase over the course of three hours. This continues a fantastic start to the year for the […]

Australian Dollar: USD/AUD (AUD=X) lower as the world goes into a major “risk off” mode

Australian Dollar: USD/AUD (AUD=X) lower as the world goes into a major “risk off” mode

Australian Dollar: USD/AUD (AUD=X) lower as the world goes into a major “risk off” mode The Australian dollar has struggled quite a bit during the trading session on Monday, as the world goes into a major “risk off” mode as China is closing entire cities due to the coronavirus outbreak. Beyond that though, most economic […]

Shanghai: SSE Composite Index (.SSEC) Trade war is 2 years old, but China escapes with flesh wound

Shanghai: SSE Composite Index (.SSEC) Trade war is 2 years old, but China escapes with flesh wound

Shanghai: SSE Composite Index (.SSEC) Trade war is 2 years old, but China escapes with flesh wound It was this day in 2018 that President Donald Trump fired the first salvo against China by raising tariffs on solar equipment and washing machines. The series of tariff hikes that ensued has slowed growth in the world’s […]

Could Bitcoin: USD/BTC (BTC=X) mend a system where President Trump is being extra generous toward banks through tax cuts?

Could Bitcoin: USD/BTC (BTC=X) mend a system where President Trump is being extra generous toward banks through tax cuts?

Could Bitcoin: USD/BTC (BTC=X) mend a system where President Trump is being extra generous toward banks through tax cuts? US bankers have been laughing all the way to the bank last year, quite literally. In the best year for any bank in the history of the USA, JP Morgan announced $36.4 billion in profits during […]

Apple Inc. (NASDAQ:AAPL) Marches Toward $2 Trillion Valuation

Apple Inc. (NASDAQ:AAPL) Marches Toward $2 Trillion Valuation

Apple Inc. (NASDAQ:AAPL) Marches Toward $2 Trillion Valuation Apple’s market capitalization is $1.4 trillion, and the stock is at an all-time high. Yet, a number of analysts believe that this year’s 8% increase is only the start of a drive which will take it to $2 trillion. These analysts believe that one key to a […]

Tesla, Inc. (NASDAQ:TSLA) Elon Musk is closing in on a $350 million payday

Tesla, Inc. (NASDAQ:TSLA) Elon Musk is closing in on a $350 million payday

Tesla, Inc. (NASDAQ:TSLA) Elon Musk is closing in on a $350 million payday Elon Musk is getting close to the first big payday from his massive stock package. In 2018, Tesla shareholders approved a pay package for Musk that pays him only in company stock options, and only if the company hits aggressive growth targets, […]

Alphabet Inc. (NASDAQ:GOOG) buys Irish tech firm Pointy for reported $163m

Alphabet Inc. (NASDAQ:GOOG) buys Irish tech firm Pointy for reported $163m

Alphabet Inc. (NASDAQ:GOOG) buys Irish tech firm Pointy for reported $163m Irish retail technology firm Pointy is to be bought by Google. Neither company has disclosed the value of the deal, but sources confirmed the accuracy of a TechCrunch report that Google will pay around $160m. Set up six years ago, Pointy makes software that enables small bricks and […]

Dow Jones Industrial Average (.DJI) Finishes Up 83, Nasdaq Climbs 95

Dow Jones Industrial Average (.DJI) Finishes Up 83, Nasdaq Climbs 95

Dow Jones Industrial Average (.DJI) Finishes Up 83, Nasdaq Climbs 95 Technology companies led stocks to broad gains on Wall Street Monday, driving the S&P 500 and Nasdaq composite indexes to more record highs. Financial, communications services and industrial stocks also notched solid gains. Health care stocks were the only decliners. Bond prices fell, sending […]

Box Office: ‘1917’ Captures $39.2-M After Golden Globe Wins

Box Office: ‘1917’ Captures $39.2-M After Golden Globe Wins

$DIS, $CMCSA, $VIA, $SNE Sam Mendes’ World War I epic 1917 captured the box office battlefield with $36.5-M at the weekend, 1 of the best nationwide starts ever for the month of January and way ahead of projections. The victory came in the wake of the movie’s Top Golden Globe wins on 5 January for best motion […]

Facebook, Inc. (NASDAQ:FB) Stock Stands to Benefit as the World Embraces Its Apps

Facebook, Inc. (NASDAQ:FB) Stock Stands to Benefit as the World Embraces Its Apps

Facebook, Inc. (NASDAQ:FB) Stock Stands to Benefit as the World Embraces Its Apps Off the top of my head, it’s difficult to come up with a name shrouded in so much controversy over a short period of time like Facebook (NASDAQ:FB). Starting from the Cambridge Analytica scandal in the spring of 2018, the social media […]

Bitcoin: USD/BTC (BTC=X) and the Primacy of the Digital World

Bitcoin: USD/BTC (BTC=X) and the Primacy of the Digital World

Bitcoin: USD/BTC (BTC=X) and the Primacy of the Digital World As a fervent bitcoin enthusiast, I frequently come across the following objection: In contrast to physical, analog things, bitcoin and similar crypto assets are completely virtual and digital. As such, they are neither tangible nor graspable and would thus lack any real basis of value. […]

Keeneland Sales Produce 12 Finalists for 2019 Eclipse Awards

Keeneland Sales Produce 12 Finalists for 2019 Eclipse Awards

Two Horse of the Year candidates are September Sale graduates Keeneland September Yearling Sale graduates Bricks and Mortar and Mitole are finalists for the title of Thoroughbred racing’s 2019 Horse of the Year and lead the 12 alumni of Keeneland sales who are candidates for Eclipse Awards as North American champions announced Saturday by the National Thoroughbred Racing Association, […]

Box Office: ‘Star Wars’ Leads with $34-M, ‘The Grudge’ Opens to $-11M

Box Office: ‘Star Wars’ Leads with $34-M, ‘The Grudge’ Opens to $-11M

$DIA, $CMCSA, $LGF, $SNE ‘Little Women‘ and ‘Knives Out‘ were among the nominees enjoying a boost timed to Sunday’s Golden Globes ceremony. Sony’s horror pic The Grudge is the 1st new nationwide release of Y 2020 opened to $11.3-M at the domestic box office after getting flunked by audiences with a rare F CinemaScore. Disney’s Star Wars: The […]

Tesla, Inc. (NASDAQ:TSLA) Says Will Start Delivering China-Made Model 3s to Public on Jan. 7

Tesla, Inc. (NASDAQ:TSLA) Says Will Start Delivering China-Made Model 3s to Public on Jan. 7

Tesla, Inc. (NASDAQ:TSLA) Says Will Start Delivering China-Made Model 3s to Public on Jan. 7 Tesla Inc will deliver its first China-made Model 3 sedans to the public on Jan. 7 at an event at its Shanghai plant, a representative for the firm told Reuters on Thursday. The Shanghai plant is part of the Silicon […]

Continued Spread of Bitcoin: USD/BTC (BTC=X) ATMs Normalizing Cryptocurrency Around the World

Continued Spread of Bitcoin: USD/BTC (BTC=X) ATMs Normalizing Cryptocurrency Around the World

Continued Spread of Bitcoin: USD/BTC (BTC=X) ATMs Normalizing Cryptocurrency Around the World The number of active Bitcoin ATMs around the world grew by an impressive 56 percent over the last 12 months. Although the spread of the real-world Bitcoin trading locations doesn’t necessarily suggest increased rates of adoption, it will help to further normalize Bitcoin […]

Our World is Big, Wonderful and Wild

Our World is Big, Wonderful and Wild

We live in a big, wonderful world with many terrifying and mysterious places, places just waiting for the next death defying traveler go to visit. From Hell-themed amusement parks to islands covered with snakes, below are some of the scariest places in the world, as follows; North Yungas Road, Bolivia The path from La Paz to […]

Christmas Around the World

Christmas Around the World

The Christmas season is a wonderful time of the year. From its European roots in the Winter solstice to the birth of Jesus of Nazareth, Christmas is celebrated all over the world in many different forms and fashions. Below is a list of Christmas traditions that reflect the special meaning that Christmas has for all […]

Box Office: ‘Star Wars’ Rises to $373.5-M Global Opening

Box Office: ‘Star Wars’ Rises to $373.5-M Global Opening

$DIS, $CMCSA, $SNE, $LGF Though coming in behind the last 2 films in the trilogy, J.J. Abrams’ Star Wars: The Rise of Skywalker easily beat the competition with a huge weekend launch of $175.5-M at the North American box office and $373.5-M globally. Domestically, the movie scored the 3rd-biggest December debut of all time behind Abrams’ Star Wars: […]

Alibaba Group Holding Limited (NYSE:BABA) raised over $13 Bn with its IPO in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) raised over $13 Bn with its IPO in Hong Kong

Alibaba Group Holding Limited (NYSE:BABA) raised over $13 Bn with its IPO in Hong Kong Investment Thesis China’s E-commerce giant Alibaba (NYSE: BABA) listed on HKSE on Nov. 26. It is more of a political move however, with little economic justification, since we find the funds BABA raised from this IPO will add pressure to […]

United States Oil (USO) prices recoil as spectre of trade war, weaker demand haunts market

United States Oil (USO) prices recoil as spectre of trade war, weaker demand haunts market

United States Oil (USO) prices recoil as spectre of trade war, weaker demand haunts market Oil prices slipped on Tuesday for a second straight session as the cons of a slowing global demand outlook outweighed the pros of OPEC’s agreement with associated producers at the end of last week to deepen crude output cuts in […]

United States Oil (USO) prices could plunge 30% if OPEC fails to act

United States Oil (USO) prices could plunge 30% if OPEC fails to act

United States Oil (USO) prices could plunge 30% if OPEC fails to act OPEC and its allies are once again being forced to consider dramatic action to avert a crash in oil prices. The Saudi Arabia-led cartel and Russia (collectively called “OPEC+”) are widely expected to announce in Vienna on Friday an agreement to extend […]

Grand Hotel d’Angkor launches ‘1932’ Restaurant

Grand Hotel d’Angkor launches ‘1932’ Restaurant

The only place in Siem Reap where you can sample Royal Khmer cuisine Cambodia’s most storied hotel wrote yet another chapter last week when it unveiled a new restaurant following a landmark refurbishment. Named after the Grand Hotel d’ Angkor’s year of opening, “1932” launched on November 22 at an invite-only dinner for 50 guests […]

Alibaba Group Holding Limited (NYSE:BABA) secondary listing in Hong Kong is the world’s largest offering so far this year

Alibaba Group Holding Limited (NYSE:BABA) secondary listing in Hong Kong is the world’s largest offering so far this year

Alibaba Group Holding Limited (NYSE:BABA) secondary listing in Hong Kong is the world’s largest offering so far this year Chinese e-commerce giant Alibaba (NYSE:BABA) Group Holding Ltd (HK:9988)’s shares in Hong Kong continued to dip on Monday after having risen nearly 10% since its high-profile debut last week. The stock currently trades at HK$196.40 by […]

Box Office: ‘Frozen 2’ Drives Disney Past Record $3.2-B in North American Ticket Sales

Box Office: ‘Frozen 2’ Drives Disney Past Record $3.2-B in North American Ticket Sales

$DIS, $CMCSA, $SNE, $LGF After posting ing up best-ever Thanksgiving numbers, the animated tentpole is days away from skating past $1-B globally. Princess Anna and Queen Elsa delivered royal results for Disney (NYSE:DIS) over the Thanksgiving holiday. Frozen 2 has driven the Top film studio past the $3.2-B mark in Y 2019 domestic ticket sales, a […]

Ferrari’s (NYSE:RACE) Drivers Told to Control Aggression Toward Each Other

Ferrari’s (NYSE:RACE) Drivers Told to Control Aggression Toward Each Other

$RACE Ferrari’s (NYSE:RACE) battling drivers have pledged to control their aggression after crashing into each other in Brazil, Charles Leclerc said on Thursday, but he also insisted that team orders would not be imposed. Mr. Leclerc said that he and 4X world champion Sebastian Vettel should be less aggressive and try to avoid another similar […]

Netflix, Inc. (NASDAQ:NFLX) Stock Can Grow 30%, Despite Its Streaming Competition

Netflix, Inc. (NASDAQ:NFLX) Stock Can Grow 30%, Despite Its Streaming Competition

Netflix, Inc. (NASDAQ:NFLX) Stock Can Grow 30%, Despite Its Streaming Competition The streaming stock wars have begun. Netflix Inc (NASDAQ:NFLX), Apple Inc. (NASDAQ:AAPL) and Walt Disney Co (NYSE:DIS) are now firmly entrenched in a battle over the eyeballs of viewers the world over. Netflix stock has been down in recent weeks while Disney stock and Apple stock […]

Hong Kong: HANG SENG INDEX (.HSI) higher on fresh hopes for Sino-U.S. trade talks after leaders of the world’s two largest economies sent positive signals

Hong Kong: HANG SENG INDEX (.HSI) higher on fresh hopes for Sino-U.S. trade talks after leaders of the world’s two largest economies sent positive signals

Hong Kong: HANG SENG INDEX (.HSI) higher on fresh hopes for Sino-U.S. trade talks after leaders of the world’s two largest economies sent positive signals Hong Kong stocks rallied on Monday following key elections, aided by fresh hopes for Sino-U.S. trade talks after leaders of the world’s two largest economies sent positive signals. The Hang […]

Alibaba Group Holding Limited (NYSE:BABA) will reportedly end its $13 billion share sale early after attracting more investor demand than it could meet

Alibaba Group Holding Limited (NYSE:BABA) will reportedly end its $13 billion share sale early after attracting more investor demand than it could meet

Alibaba Group Holding Limited (NYSE:BABA) will reportedly end its $13 billion share sale early after attracting more investor demand than it could meet Alibaba’s $13 billion Hong Kong stock offering will reportedly end early as investor demand outstrips available shares. The company plans to close the sale to institutional investors at 12:00 p.m. Eastern Standard […]

San Miguel de Allende Draws Creative Visionaries From Around the World

San Miguel de Allende Draws Creative Visionaries From Around the World

Some call it an energy vortex… “You need to go behind the closed doors, peek inside the court-yards in San Miguel de Allende,” said Bertha González Nieves, the co-founder of Casa Dragones, a luxury, small-batch tequila company she started with media veteran Bob Pittman in Y 2008. “Here, everything goes back deep.” Ms. González was […]

Canadian Dollar: USD/CAD (CAD=X) trapped inside of $1.3040-1.3260 range

Canadian Dollar: USD/CAD (CAD=X) trapped inside of $1.3040-1.3260 range

Canadian Dollar: USD/CAD (CAD=X) trapped inside of $1.3040-1.3260 range The Canadian dollar is trapped inside a USD/CAD $1.3040-1.3260 range and has been, since October 11. There isn’t any relief in sight. The Bank of Canada left monetary policy unchanged at the October 30 meeting, and there hasn’t been any new data or geopolitical developments since […]

Alibaba Group Holding Limited (NYSE:BABA) to close books early in $13.4 billion Hong Kong listing after strong demand

Alibaba Group Holding Limited (NYSE:BABA) to close books early in $13.4 billion Hong Kong listing after strong demand

Alibaba Group Holding Limited (NYSE:BABA) to close books early in $13.4 billion Hong Kong listing after strong demand Alibaba will stop taking orders from prospective institutional investors for its $13.4 billion secondary listing in Hong Kong earlier than expected after attracting strong demand, two people with direct knowledge of the matter said. Order books will […]

Box Office: ‘Ford v Ferrari’ Races to $31-M; ‘Charlie’s Angels Crash with $8.6-M

Box Office: ‘Ford v Ferrari’ Races to $31-M; ‘Charlie’s Angels Crash with $8.6-M

$DIS, $SNE, $VIA, $CMCSA Ford v Ferrari ran Charlie’s Angels and the rest of the competition off the road at the weekend box office, grossing a better-than-expected $31-M in North America for 20th Century Fox and Disney. Overseas, the pic debuted to $21.4-M for a global start of $52.4-M Sony’s Charlie’s Angels fluttered and fell to earth in its […]

80 is the New 60: Staying Healthy in an Aging World

80 is the New 60: Staying Healthy in an Aging World

Globally, aging populations are posing big challenges for healthcare systems; together, new technology and old techniques offer the opportunity to manage them. The new challenge for the 21st Century The Big Q: Can we live better? The Big A: Yes! The booming population of older adults is a testament to the incredible developments in science and technology […]

Gold 1 OZ (XAU=X) bulls continue to be hamstrung by rallying world stock markets

Gold 1 OZ (XAU=X) bulls continue to be hamstrung by rallying world stock markets

Gold 1 OZ (XAU=X) bulls continue to be hamstrung by rallying world stock markets Safe-haven gold prices are moderately down in early U.S. dealings Thursday. The precious metals bulls continue to be hamstrung by rallying world stock markets that saw the U.S. indexes score record highs again overnight. The gold and silver bulls need a fresh dose of geopolitical uncertainty, which […]

Ferrari (NYSE:RACE) Q-3 Y 2019 Earnings Preview

Ferrari (NYSE:RACE) Q-3 Y 2019 Earnings Preview

$RACE Ferrari (NYSE:RACE) is scheduled to announce Q-3 earnings results Monday, 4 November before the bell, The consensus EPS Estimate is €0.86 (+11.7% ) Y-Y, and the consensus Revenue Estimate is €889.08M (+6.1% Y-Y). Ferrari has surprised in the last 4 Quarters Over the last 3 months, EPS estimates have seen no upward revisions and 3 downward. Revenue […]

The signing of the world’s largest trade pact will likely be kicked back to 2020

The signing of the world’s largest trade pact will likely be kicked back to 2020

The signing of the world’s largest trade pact will likely be kicked back to 2020, according to a draft statement by Southeast Asian leaders, delaying a deal craved by China to offset a painful tariff war with the US. The 16-nation Regional Comprehensive Economic Partnership (RCEP) spans from India to New Zealand and includes 30 […]

Silver 1 OZ 999 NY (XAG=X) higher on some safe-haven demand amid reports the world’s two largest economies are not close to a trade deal

Silver 1 OZ 999 NY (XAG=X) higher on some safe-haven demand amid reports the world’s two largest economies are not close to a trade deal

Silver 1 OZ 999 NY (XAG=X) higher on some safe-haven demand amid reports the world’s two largest economies are not close to a trade deal Safe-haven gold and silver prices are moderately up in early U.S. trading Thursday, on some safe-haven demand amid reports the world’s two largest economies are not close to a trade […]

Twitter, Inc. (NYSE:TWTR) to ban political ads worldwide

Twitter, Inc. (NYSE:TWTR) to ban political ads worldwide

Twitter, Inc. (NYSE:TWTR) to ban political ads worldwide Twitter said Wednesday it would stop accepting political advertising globally on its platform, responding to growing concerns over misinformation from politicians on social media. Chief executive Jack Dorsey tweeted that while internet advertising “is incredibly powerful and very effective for commercial advertisers, that power brings significant risks […]

Soho House Raises $100-M to Expand Its Members’ Club Around the World (Video)

Soho House Raises $100-M to Expand Its Members’ Club Around the World (Video)

Billionaire Ron Burkle’s Soho House group hit a $2-B valuation after raising $100-M from new investors to fund 2Xing the size of its chain of hotels and private members’ clubs around the world. The valuation marks a solid return on the investment for Ron Burkle’s investment fund Yucaipa which took a majority stake in the elite hospitality […]

Dubai World Cup Carnival Update

Dubai World Cup Carnival Update

UAE CHAMPION JOCKEY O’SHEA JOINS JEBEL ALI STABLES Seven-time UAE champion jockey Tadhg O’Shea (pictured above) will be joining a new team when the new season commences on Thursday at Meydan Racecourse. The fan favourite will start his 2019-20 tenure wearing the predominately yellow silks of His Highness Sheikh Ahmed bin Rashid Al Maktoum and […]

When the 737 MAX returns to service will you put your family on this airplane

When the 737 MAX returns to service will you put your family on this airplane

On September 12, Boeing started putting out 30-second videos in which employees tout its planes’ safety, hoping to reassure travelers about the 737 MAX that’s been grounded worldwide since two crashes that killed 346 people. “Safety is at the core of our business. We have put hundreds of engineers to work to ensure that this […]

Alibaba Group Holding Limited (NYSE:BABA) financial results are being discounted by the trade war

Alibaba Group Holding Limited (NYSE:BABA) financial results are being discounted by the trade war

Alibaba Group Holding Limited (NYSE:BABA) financial results are being discounted by the trade war Alibaba’s financial results are being discounted by the trade war. Its growth has slowed, down from 50% per year. China’s consumers are feeling a pinch. The fall of the yuan means its success is worth less when translated to U.S. currency. […]

Gold 1 OZ (XAU=X) traders and investors worldwide are in a bit of a risk-averse mood

Gold 1 OZ (XAU=X) traders and investors worldwide are in a bit of a risk-averse mood

Gold 1 OZ (XAU=X) traders and investors worldwide are in a bit of a risk-averse mood Gold and silver prices are firmer in early U.S. trading Tuesday. There are several geopolitical matters at work that have traders and investors worldwide in a bit of a risk-averse mood. December gold futures were last up $4.30 an ounce at 1,508.70. […]

UK FTSE 100 (.FTSE) posts biggest drop for over 3 years as global growth, trade wars, Brexit, Trump worries create perfect storm

UK FTSE 100 (.FTSE) posts biggest drop for over 3 years as global growth, trade wars, Brexit, Trump worries create perfect storm

UK FTSE 100 (.FTSE) posts biggest drop for over 3 years as global growth, trade wars, Brexit, Trump worries create perfect storm The FTSE 100 index recorded its biggest one-day drop for more than three years as fears over the state of the US and global economies amid trade war concerns and intensifying Brexit worries created the perfect […]