Cryptocurrencies are Becoming More Stable $BTC, $ETH Let’s examines Key factors in the growth of the cryptocurrency industry, and what regulators are doing to mitigate the risks It is an encouraging sign that the cryptocurrency community and regulators have been quick to evolve and respond to risks that have been identified in the market. For […]
Hiring Slows but US Job Market Remains ‘Incredibly Dynamic’ NY Fed’s Williams: Low Unemployment Makes Economy ‘as Good as it Gets’ Hiring by US companies slowed sharply in August dropping far more than economists expected, with moderation in manufacturing and services, payrolls firm ADP said. The closely-watched data are about in line with the expected […]
US Producer Price Index Flat, Restraining Inflation Fears $DIA, $SPY, $QQQ, $RUTX, $VXX US wholesale prices were unchanged in July after 2 months of increases, indicating inflation pressures have softened a bit. Thursday, the Labor Department said that the PPI (producer price index) which measures price changes before they reach the consumer increased 3.3% last month […]
Oracle’s (NASDAQ:ORCL) Blockchain Cloud Services Adopted Worldwide $ORCL Businesses around the world have been deploying an early adopter version of Oracle (NASDAQ:ORCL) Blockchain Cloud Service, which becomes generally available today. The service allows organizations to easily build blockchain networks to drive more secure and efficient transactions and to track goods through supply chains on a global scale. Arab […]
Dutch ‘Speed Trader’ Jumps in Cryptocurrencies $BTCUSD, $ETHUSD The EU’s largest trader of ETFs has moved into cryptocurrencies, ignoring regulator’s cautioning consumers and institutions not to buy or sell digital currencies. The Amsterdam-based speed trader Flow Traders NV is making markets in the 1st exchange-traded notes based on Bitcoin and Ether. XBT Provider, an issuer of […]
Polychain and the Future of Digital Assets $BTCUSD, $ETHUSD, $CME, $CBOE Today it is mostly crypto enthusiasts and technologists trading their assets. Tomorrow it will mostly institutions trading crypto assets. The professional traders have taken over from the ‘hobbyists’ Earlier this year, Polychain became the 1st crypto fund with more than $1-B in assets under […]
President Trump Not Targeting Bezos Over WP Ownership $AMZN President Trump believes that Amazon is unfair to America’s retailers US Treasury Secretary Steven Mnuchin said Donald Trump’s attacks on Amazon.com Inc. (NASDAQ:AMZN) have nothing to do with critical coverage of the White House by the Washington Post, owned by Amazon’s CEO, Jeff Bezos. Secretary Mnuchin […]
Seeing US GDP for Q-4 Being Revised Upward US economic growth for Q-4 Y 2017 is likely to be revised upward after data Thursday indicated more spending on services than previously estimated by the government. The Commerce Department’s quarterly services survey, or QSS, added to December data on construction spending and manufacturers inventories in suggesting that gross […]
Bitcoin as Money, Is it or Is it Not? $BTCUSD A medium of exchange means people will give you things in exchange for it. And yes there are some places where people will give you real goods and services for Bitcoin, but not many. If Bitcoin is to compete with global currencies it needs a […]
UAE Debuts Smart System to Provide Visas in 10 mins The smart system will allow UAE citizens and residents to undertake all Visa-related activity The UAE’s Ministry of Interior launched a new smart services system that will allow nationals and residents apply for entry permits and residency Visas within 10 minutes. The new service, called […]
US Producer Prices Flat to Unchanged, Services Costs Rise US producer prices were flat to unchanged in May as energy costs recorded their biggest decliner in more than a year, suggesting a moderation in inflation after a rise at the start of the year. Inflation at the factory gate remains supported by sustained increases in […]
Do Not Let Outlandish ER Charges Break Your Bank I just read a new analysis of US medical bills has found hospitals typically charge uninsured ER (emergency room) patients 4X as much as the take from Medicare for the same service. The study published in JAMA Internal Medicine found that ER patients routinely pay more […]
Metalla (OTCMKT:EXCFF) Beefs Up C-Suite $EXCFF, $GLD, $SLV At the weekend Metalla Royalty & Streaming Ltd. (CSE:MTA) (OTCQB:EXCFF) announced that Mr. Bill Tsang has joined the Company as Chief Financial Officer and Ms. Kim Casswell as Corporate Secretary. Mr. Tsang is a Chartered Professional Accountant with a Bachelor of Commerce from the University of British […]
Saudi Aramco to Sign Deals with US Firms During President Trump’s Visit $BHI, $HAL, $SLB, $GE Deals are expected to be signed with US companies such as Schlumberger, Halliburton, Baker Hughes and Weatherford Saudi Aramco is due to sign deals with 12 US companies Saturday during US President Donald Trump’s visit to Saudi Arabia. The […]
Doing Business in Asia Requires Expertise There is no reason to compromise high standards when it comes to production and/or personal interactions, Harmony is Key. This is an outline some of HeffX’s expertise in Asia business dealings. Whether you operate in the businesses of manufacturing, services, or in the for-profit education industry arenas, growth brings opportunity. […]
Residential Property Sales & Leasing in UAE to be Exempt from VAT $GLD, $SLV, $PLAT The 1st sale of new residential property in the country will be subject to the Zero rate of VAT. Investment Gold, Silver and Platinum will also be Zero-rated. Supplies of residential property including sales and leasing in the UAE will be […]
GAWK Appoints Industry Veteran CTO Michael Shader to Oversee Product & Service Development $GAWK Gawk Inc., (OTCPK:GAWK) a cloud-based communications company, today announced the appointment of Michael Shader as chief technology officer (CTO). Mr. Shader is widely regarded as a visionary innovator and brings to Gawk well-established industry credentials as a technology leader. He has […]
Trump Team Planning Huge Government Spending Cuts Donald Trump’s Administration staff is preparing to slash US government spending by $10.5-T over 10 years, and will start Friday, January 20th after his swearing in ceremony. Plans include privatizing the Corporation for Public Broadcasting (PBS)and eliminating the National Endowment for the Arts and National Endowment for the […]
Gawk Inc. announces long term Investor Relations agreement with Growth Circle, Inc. $GAWK Los Angeles, January 19, 2017 — GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle is pleased to announce that GAWK in its commitment to pro-active shareholder communication has retained the services of Growth Circle for long-term Investor Relations services. “We have always […]
GAWK’s New Website Enables Access to Cloud Communications Provider $GAWK GAWK Launches New Website, Enabling Shareholders, Customers, Investors Access to Cloud Communications Provider Los Angeles, January 17, 2016 – GAWK (OTC PINK:GAWK) CEO Scott Kettle announced a new website, GAWK.com, centralizing all information such as customer prices, archived press releases and streaming information about the […]
Chinese Economy Faces Opportunities & Challenges The Chinese economy boasts a lot of opportunities to move forward despite concerns of a growth slowdown, economists and experts told a forum Friday. At the 6th Conference on the Chinese Capital Markets held by the New York University’s Center on US-China Relations, they also saw great growth potential […]
TOP 10 COMPANIES IN THE UAE UAE equity markets, both Dubai and Abu Dhabi, remained resilient to the fall in the Crude Oil price in 1-H of Y 2016. The Dubai General Index and Abu Dhabi General Index registered YTD returns of 6.5% and 1.9% respectively. The better performance of telecom, banking and real estate […]
Rosewood Hotels & Resorts to Open New Hong Kong Property Rosewood Hotels & Resorts will open its 1st Hong Kong property in Y 2018 in a prime Victoria Harbour waterfront location on Salisbury Road in Tsim Sha Tsui. The new property will will occupy 27 floors of the New World Development Company Limited-owned multi-use tower. […]
China’s Overseas Direct Investment Continues Gaining Momentum China’s outbound direct investment (ODI) is surging despite weak global growth as Chinese companies continue to internationalize their business. Non-financial ODI increased 53.3% Y-Y to reach $145.96 in the January-October frame, surpassing the total for Y 2015 of about $121.4-B, according to the Ministry of Commerce on Thursday. […]
China’s ICBC Now a Settlement Bank for the Dubai Gold & Commodities Exchange Industrial and Commercial Bank of China (ICBC), the world’s largest bank by assets, has become a settlement bank for the Dubai Gold & Commodities Exchange (DGCX), the exchange said Tuesday, allowing more investors to clear transactions in RMB Yuan. ICBC becomes the […]
Gawk Presents Cloud Communications Technology at LD Micro Annual Conference $GAWK Los Angeles, CA…November 8, 2016…GAWK, Inc. (OTC PINK: GAWK) CEO Scott Kettle announced today that GAWK will be presenting its latest Cloud Communications technology at LD Micro 9th Annual Main Event Conference, being held December 6 through December 8, 2016, at the Luxe Hotel, […]
Media Industry Consolidation Coming on the Massive Changes in How People Watch TV $DIA, $SPY, $QQQ, $VXX The tie-up of AT&T Inc.(NYSE:T), and Time Warner Inc.(NYSE:TWX), bringing together 1 of the country’s largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation […]
GAWK CEO on MoneyTV Friday to Discuss Record Earnings, Tech Breakthrough Los Angeles, CA—October 20, 2016 – GAWK Inc. (OTC PINK: GAWK ) CEO Scott Kettle will be a guest on MoneyTV on Friday, October 21, 2016, and will speak to investors and the media about the Company’s recent record-breaking revenue and technological advances. Kettle […]
Gawk Inc. Issues State of The Industry Letter to Shareholders $GAWK Los Angeles, October 11, 2016 — GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle reviews the balance of the fiscal year with a letter to shareholders. Dear Shareholder: Your Company is seriously undervalued! Our prospects couldn’t be brighter. GAWK has, in a mere two […]
Twitter (NYSE:TWTR) Explores a “Slow Rolling” Auction of Itself $TWTR, $GOOGL, $CRM, $VZ, $SQ Twitter Inc. (NYSE:TWTR) has initiated talks with several technology companies to explore selling itself, a person familiar with the matter said Friday. Thus, signaling the beginning of a “slow-rolling” auction of the high-profile, money-losing social media company. For months the company […]
The Inaugural Gold Coast Motor Festival (HK) Sino Group is delighted to present the inaugural Gold Coast Motor Festival, which will be held during the National Day Golden Weekend (1-2 October 2016). It has been thoughtfully curated to enable the public to enjoy some of the most coveted dream cars, learn more about the latest […]
The US Government’s Economic Growth Numbers are Wrong Harvard Economist Martin Feldstein warned Friday that the US government’s measure of economic growth is always wrong, regardless of the official number. The US economy grew less than previously reported last Quarter on lower government outlays and a bigger depletion of inventories, capping a sluggish 1-H performance […]
Bank of America (NYSE:BAC) Trending Upwards Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 14.32. The projected upper bound is: 16.06. The projected lower bound is: […]
Nexo, Inc. (a private company) Disrupts the Movement of Big Data A New Era of Information Sharing Has Begun $AMZN, $GOOGL, $IBM, $MSFT, $ORCL This discussion is about 1.5X longer than my regular columns on innovative, disruptive, beneficial technology, and fairly technical to boot, but I believe you will all find it compelling and […]
No Empirical Measure Truly Illustrates the Reality of Being Poor Donald Trump is technically correct when he says almost 4 in 10 black American youths live in poverty. According to the official poverty measure, 36% of African-Americans under the age of 18 fell below the poverty mark in Y 2014. The problem with that statistic […]
GAWK Reports New Customer Win, 800FUND Now Client Los Angeles, CA- August 2, 2016 – GAWK Inc. (OTC PINK: GAWK) announced another signature client win, with the signing of 800FUND (800fund.com), a fast growing enterprise located in the Wall Street financial district of New York, specializing in alternative business financing to its client base. Jonathan […]
Q-2 US GDP Missed Industry Survey, Economy at Risk The US economy expanded less than forecast in Q-2 after a weak start to the year GDP rose at a 1.2% annualized rate after a grim 0.8% advance in Q-1, US Commerce Department figures showed Friday. The median forecast of economists surveyed by called for an […]
10 Things to do at Dubai Airport when in Transit From shopping to relaxing, the airport offers several options for transit passengers With the summer holidays on in full swing, transiting at Dubai International Airport is a strong possibility for many passengers thanks to Emirates’ global network. But faced with long transit times, many […]
GAWK Closes Acquisition of Xtelus, Bringing Annual Revenue to $7-M Los Angeles, CA…July 12, 2016 – GAWK Inc. (OTC PINK:GAWK) Scott Kettle, CEO, today announced that the Company has acquired the VOIP assets of Xtelus LLC, a North Carolina LLC and Xtelus S.A, a Dominica International Business Company. “This new addition to GAWK will put […]
The Qualities of Successful Entrepreneurs The Big Q: Do you have what it takes to get through hard times? Below are the some of the personal traits that help entrepreneurs thrive in their own businesses, as follows: Regardless of your definition of success, there are a great number of common characteristics that are shared by […]
Effects of US Embargo Continue To Stress Cuban Economy Cuban President Raul Castro Friday said a “reduction in Oil imports”, falling prices of traditional exports, along with other financial restrictions caused a “tense and stressful” economic situation that will bring limitations in 2-H of Y 2016. Speaking to the lawmakers of Cuba’s parliament, Castro said […]
New Orders for US Factory Goods Fell in May on Weak Demand $DIA, $SPY, $QQQ, $VXX New orders for US factory goods fell in May on weak demand for transportation and defense capital goods, but growing order backlogs and lean inventories suggested the worst of the manufacturing downturn may be over. The US Commerce Department […]
China’s Investing in the United States Extends Beyond Real Estate The growing Chinese investment in the United States has extended beyond real estate, with more companies eyeing sectors closely related to Chinese domestic demand. In recent years, more Chinese companies have been investing in the United States irregardless of size, industry and ownership, Shau Zhang, a […]
The Evolution of the European Union The History of the EU from its post WWII beginnings to the present day With the United Kingdom (UK) voting to leave the European Union (EU) in the referendum held on 23 June, here is a look back at the evolution of the 28 nation single currency (Euro) bloc. […]
GAWK Creates Revenue, Runs Fiber to Light 2nd Office Bldg with “Last Mile” Technology $GAWK Los Angeles, CA…June 28, 2016 – GAWK Inc. (OTC PINK: GAWK) announced the second successful implementation of its ‘Last Mile’ connection service by running over 100 strands of fiber to another office building adding 426,000 sq. ft. to its growing […]
Deadly Brushfires Haunt Western Australians The system for managing bushfires in WA (Western Australia) is “failing citizens and the government”, a special inquiry into the deadly Yarloop and Waroona blazes has concluded, and if change does not occur, “then the prospect of a future catastrophic bushfire event is increasingly likely”. Six months after the devastating bushfires […]
GAWK Rolls Up 4th Acquisition, Anticipates Adding $1-M in Annual Revenue $GAWK Los Angeles, CA…June 21, 2016 – GAWK Inc. (OTC PINK: GAWK) Scott Kettle, CEO, today announced that the Company has signed a Letter of Intent to acquire the VOIP assets of Xtelus LLC, a North Carolina LLC and Xtelus S.A, a Dominica International […]
Many Businesses that Close Due to Natural Disasters Never Reopen “All businesses should assess their exposures to hazards and risks to their operations,” said Blake Clampffer, assistant emergency management coordinator for Travis County, Texas. “Fire and Flood are important, however businesses should consider other natural and man-made hazards.” Natural disasters in Central Texas include: tornadoes, […]
Ferrari (NYSE:RACE) Classiche Separates the Real from the Pretenders $RACE For the last decade + Ferrari Classiche has been doing Tier 1 restorations and vehicle authentications on the iconic company’s vintage and classic cars. As it turns out there are fake Ferraris in the market since the prices have escalated into the multi-millions of dollars. […]
US Consumer Spending, Residential Investment Driving a Weak Economy $DIA, $SPY, $QQQ, $VXX The demand side of the US GDP accounts shows that the nations economic engine has 6 cylinders, they are: consumer spending residential investment capital spending inventories net exports government spending. In recent Quarters, it seems like most of the US economy’s power […]
Microsoft, Facebook Agree to build High-speed Trans-Atlantic sub-Sea Cable $MSFT, $FB, $GOOGL, $AMZN Thursday, US technology giants Microsoft (NASDAQ:MSFT) and Facebook (NASDAQ:FB) announced they will jointly build a high-speed undersea cable across the Atlantic to give customers fast and reliable access to the 2 companies’ “cloud” and online services as demand grows. The new 6,600-kilometer undersea […]
GAWK, Inc. Names Christopher Hall Chief Financial Officer $GAWK Los Angeles, CA…May 26, 2016 – GAWK Inc. (OTC PINK: GAWK) today announced that Christopher G. Hall has accepted the position of Chief Financial Officer of the Company. Scott Kettle, CEO, said of Hall, who is also a Director of GAWK, “Chris is a recognized VOIP […]
China’s Economy Seeing Stable Growth in 2016 Recent figures have shown that the Chinese economy has generally seen stable growth with deepening supply-side structural reforms, an official from the National Bureau of Statistics said Monday. Meanwhile, measures have been taken to expand total demand in the 1st 4 months of this year, contributing to economic […]
China: Online Growth in “Fast-Expanding Market” Mode $BABA China’s online market with rapid development is at the “take-off” stage, corresponding to the “Fast-Expanding Market” (FEM) model. This is the main conclusion in the article “Fast-Expanding ‘Online’ Markets in South Korea and China: Are They Worth Pursuing?” published by Associate Professor Adrian T H Kuah and Dr. […]
China Bans Key Apple (NASDAQ:AAPL) Service, Growth Dampened China’s blocking of Apple mobile entertainment services in presents fresh challenges for the giant tech company as it prepares to report its 1st-ever fall in iPhone sales. specifically Apple movies and book store were shut down by the government. The news on Thursday that Apple’s online book and […]
Africa’s Boosts ICT Development to Spur Trade Africa’s largest trading bloc said Wednesday it will harness ICT (information, communication technologies) to create significant economic activities within the region and beyond. Dr. Amany Asfour, chairperson of the Common Market for Eastern and Southern Africa (COMESA) Business Council, said ICT services are essential in the sector and […]