Year: 2020

By hiding within your existing door hardware, Level Lock brings smart lock functionality without changing the look of your door. …read more […]

(Bloomberg) — The first of Hong Kong’s new generation of digital banks has announced its arrival with a 6% introductory rate for deposits.ZA Bank Ltd., one of eight firms preparing to start digital-only banks in Hong Kong, has begun a trial run that pays a select group of depositors over 3 percentage points more than established banks such as HSBC Holdings Plc and Standard Chartered Plc. Though many doubt the new banks well be able to maintain such rates, the offer is a warning of upcoming competition for the the city’s $410 billion local currency time-deposit business.“This is more of …read more […]

Jan.12 — Taiwanese president Tsai Ing-wen won a landslide victory over China-friendly opposition challenger Han Kuo-yu to clinch a second term in elections Saturday. Stephen Engle speaks with Haidi Stroud-Watts and Shery Ahn on “Bloomberg Daybreak: Australia.” …read more […]

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(Bloomberg Opinion) — Broad new horizons in key markets are opening for the world’s energy companies. Don’t expect to see a land rush any time soon. China will allow all large domestic and foreign companies to apply for oil and gas exploration licenses that were previously only open to state-owned enterprises, the country’s resources ministry said at a briefing Thursday. In India, regulators will also let private and international companies bid for a group of coal blocks it’s putting up for auction starting this month, the country’s coal and mines minister Pralhad Joshi said this week, chipping away at a …read more […]

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […] …read more […]

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […] …read more […]

(Bloomberg) — Aston Martin Lagonda Global Holdings Plc is making a last-ditch effort to bring in fresh funding, with billionaire Lawrence Stroll closest to committing to buying a stake in the struggling U.K. luxury-car maker, according to people familiar with the matter.The Canadian investor and owner of the Racing Point Formula One team is in advanced discussions to inject about 200 million pounds ($260 million) as part of a capital increase by the automaker, said one of the people, asking not to be identified because the talks are confidential.Separately, Chinese tycoon Li Shufu’s Geely Group has held preliminary discussions about …read more […]

(Bloomberg) — Asian currencies have had a turbulent start to the year as geopolitical tensions have helped revive fears about an old foe that has undermined many of them in the past: crude oil.India’s rupee, South Korea’s won, and the Philippine peso have all seen volatility jump in the past two weeks as escalating tensions between the U.S. and Iran caused outsized swings in oil prices. If crude extends its march higher, that would saddle the three nations with heavier import bills and slower economic growth, weighing on their currencies.Oil prices have surged since early October as Middle-East turmoil has …read more […]

(Bloomberg) — Asian stocks looked set to drop on Monday after U.S. shares declined following a lackluster employment report on Friday.Futures on South Korean and Australian shares retreated, and Japanese markets are closed for a holiday. The S&P 500 dropped from record levels on Friday after the latest jobs report delivered mixed signals on the strength of the economy, with payrolls missing estimates and wage growth the weakest in more than a year. Treasury yields fell that day as the wage data erased inflation worries.Geopolitics remained on the radar over the weekend, with Iran admitting it downed a Ukrainian jet …read more […]

Oil markets are calming down after a tumultuous week in the Middle East, but analysts and governments should be wary of claims that the U.S.-Iran crisis is over …read more […]

We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained more than 57% each. Hedge funds’ top 3 stock picks returned 45.7% last year and beat the S&P 500 […] …read more […]

Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […] …read more […]

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […] …read more […]