Trading Ideas
Twitter sold data access to researcher in Cambridge Analytica scandal
Facebook is clearly the company most affected by the Cambridge Analytica data …read more […]
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Business News
Asian shares edge higher as tensions ease, earnings rise
SYDNEY (Reuters) – Asian shares rose again on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone, although some investors pondered whether this sunny outlook could dim in the near future.
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Philippines makes ban on workers going to Kuwait permanent
Philippine President Rodrigo Duterte said Sunday that a ban on Filipino workers from heading to Kuwait that’s been in effect since February would now be permanent, inflaming a dispute sparked by complaints of the abuse of Filipina housemaids and workers in the Persian Gulf country. Kuwait on Wednesday expelled the Philippine ambassador and recalled its own envoy from Manila over the dispute. The highly unusual move came as a surprise in Kuwait, a typically sedate and oil-rich nation that has been both a long target of Duterte’s criticism and heavily reliant on Filipina nannies and maids. …read more […]
Business News
AMP chairwoman, legal counsel exit in wake of misconduct scandal
SYDNEY (Reuters) – AMP Ltd announced the resignations of its chairwoman and legal counsel, and slashed its directors’ fees by a quarter, as Australia’s largest listed-wealth manager tries to stem the fallout from damaging revelations of misconduct.
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The Top 6 Value ETFs for Smart Investors
Bargain hunters should look closely at these exchange-traded funds. …read more […]
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Charles Kupchan Says He's Skeptical About Trade and Iran Issue Relief
Apr.29 — Charles Kupchan, Council on Foreign Relations senior fellow, discusses trade war issues after U.S. President Donald Trump’s recent meeting with French President Emmanuel Macron and German Chancellor Angela Merkel. Kupchan speaks with Bloomberg’s Paul Allen on “Bloomberg Daybreak: Australia.” …read more […]
Business News
Canada stock market shutdown pushes investors to explore options
TORONTO (Reuters) – A rare outage at Canada’s major stock exchanges could dent the credibility of operator TMX Group Ltd and encourage investors to explore alternative trading channels, fund managers and traders told Reuters.
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Hong Kong scrambles for talent in battle for Nasdaq's biotech crown
When Hong Kong unveiled plans last year to encourage biotech companies to list in the city by loosening listing rules, the financial industry and investors cheered. Hong Kong was an obvious financing center for a growing number of Chinese companies developing new drugs. …read more […]
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US says crossing is full before caravan tries to seek asylum
A group of Central Americans who journeyed in a caravan to the U.S. border resolved to turn themselves in and ask for asylum Sunday in a direct challenge to the Trump administration — only to have U.S. … …read more […]
Business News
Hong Kong scrambles for talent in battle for Nasdaq’s biotech crown
HONG KONG (Reuters) – When Hong Kong unveiled plans last year to encourage biotech companies to list in the city by loosening listing rules, the financial industry and investors cheered.
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Apple earnings, US jobs, Fed decision — What you need to know for the week ahead
The jobs report and earnings out of Apple will be highlights in the week ahead for investors, which follows up the busiest week of earnings this quarter. …read more […]
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Vietnam Airlines CEO Considers Boosting Revenue With Cargo Units
Apr.29 — Vietnam Airlines Corp. is looking to start a dedicated cargo unit as companies, such as Samsung, set up manufacturing facilities providing an air freight opportunity for the national carrier. Vietnam Airlines Chief Executive Officer Duong Tri Thanh spoke to Juliette Saly in Singapore. …read more […]
Business News
Australia’s AMP says Chairwoman Catherine Brenner steps down
(Reuters) – AMP announced the resignation of Chairwoman Catherine Brenner on Monday, the second senior executive at the Australian wealth manager to exit after damaging revelations at a judicial inquiry into the country’s financial sector of serious misconduct at the firm.
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Disruptor Alert: These 2 Companies Are Changing the Oil Sector
Gone are the days of drill, baby, drill. …read more […]
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T-Mobile, Sprint say $26 billion deal would give U.S. tech lead over China
The agreement capped four years of on-and-off talks between the third and fourth largest U.S. wireless carriers, setting the stage for the creation of a company with 127 million customers that will be a more formidable competitor to the top two wireless players, Verizon Communications Inc and AT&T Inc. U.S. regulators, who have challenged in court AT&T’s $85 billion deal to buy U.S. media company Time Warner Inc, are expected to grill Sprint and T-Mobile on how they will price their combined wireless offerings. …read more […]