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ASEAN Stock Exchange Preview
ASEAN Stock Exchange Preview Singapore The FTSE Straits Times Index (STI) ended +10.75 points higher or +0.31% higher to 3,452.28, taking the year-to-date performance to +9.01%. The FTSE ST Mid Cap Index declined -0.22% while the FTSE ST Small Cap Index gained +0.07%. The top active stocks were Singtel (+0.25%), DBS (-0.58%), GLP (+2.08%), THBev (-1.48%), and GoldenAgr (unchanged). ...
Gold, Silver and Crude Oil Trade
Gold, Silver and Crude Oil Trade BLK US Gold posted losses Thursday but prices finish well off of the daily low following some weaker than expected US economic data. Gold has been dropping for the past week and brushed a 4-wk low Thursday. The near-term technical posture of the precious Yellow metal is firmly Bearish. Jun Comex Gold last traded down 10.00 at 1,386.10 oz. Spot G ...
California Tuna Fishing Season to Begin
California Tuna Fishing Season to Begin EXPLORATORY TUNA TRIP Be on board to catch the FIRST TUNA of the year on the FASTEST boat in the fleet! Fish with Captain Bob Taft and Captain "barefoot" Scottie Hart on theTopGun 80's first Exploratory trip of the season! TopGun 80 departs at 8 PM on Friday,, May 24th on a 1.5 day trip returning Sunday, May 26th in time for your Memo ...
ECB's Liikanen, Bail-Ins, Not Bail-Outs Should Be the Rule
ECB's Liikanen, Bail-Ins, Not Bail-Outs Should Be the Rule Europe needs clear and transparent rules on which creditors will be the 1st to face losses when a bank fails, one that shift the burden from the taxpayer, a member of the European Central Bank's decision-making panel said Thursday evening. "Bailout, which means government support, should be extremely exceptional, bail-in should be th ...
Japan In Doubt Over Currency Move
Japan In Doubt Over Currency Move BOJ Discussing Potential Impact of Rise in Long-Term Rates Amid concern over a sudden rise in long-term interest rates, the Bank of Japan will discuss the related risks and potential effect on its 2% inflation target at its 2-day policy meeting next week, The Nikkei reported in its Friday morning edition. The yield on newly issued 10-yr Japanese governme ...
Buffett's Berkshire Bought More Wells Fargo NYSE:WFC, Wal-Mart NYSE:WMT
Buffett's Berkshire Bought More Wells Fargo NYSE:WFC, Wal-Mart NYSE:WMT BRK-A, BRK-B, CBI, IBM, WFC, KO, CBI, AXP, DTV, DVA, USB, STARZA, STARZB, NOV, LMCA, ADM, KRFT, MDLZ, MCO Warren Buffett's Berkshire Hathaway Inc NYSE:BRK-A, BRK-B revealed a new investment in Chicago Bridge & Iron Co NYSE:CBI, and said it has added to its largest equity holding, Wells Fargo & Co. The changes were d ...
Warren Buffet Gets a Downgrade
Warren Buffet Gets a Downgrade Warren Buffet's Berkshire Hathaway NYSE:BRK has been downgraded today as ratings agencies express concern that Berkshire's stock holdings make the company risky, as does its practice of keeping less capital to protect against losses than its competitors do. S&P's downgrade of United States debt has also dragged Berkshire Hathaway's rating down. U.S. Treasury d ...
LA Auto Show's Connected Car Expo
LA Auto Show's Connected Car Expo Top Automotive Tech Influencers Headline LA Auto Show's Connected Car Expo A Who's Who of Industry Thought Leaders to Share Insights on Emerging Vehicle Technology No trend in the auto industry is more topical than advanced technology platforms. To underscore that fact, the LA Auto Show confirmed today that two dozen automotive technology experts from co ...
HSBC NYSE:HBC Plans 14,000 More Job Cuts
HSBC NYSE:HBC Plans 14,000 More Job Cuts C, JPM, BCS, BCMXY HSBC is doubling its cost-cutting, including sacking up to 14,000 more employees, as Europe's largest bank was forced to soften a Key performance target in the face of muted revenue. London-headquartered HSBC is seeking up to $3-B in additional annual savings by Y 2016, on top of $4-B already achieved, but sluggish growth outs ...
Growing Regulatory Pressure, Geopolitical Unrest And A Global Economic Crisis
Growing Regulatory Pressure, Geopolitical Unrest And A Global Economic Crisis According to a new KPMG International survey report, regulatory pressure is consistently one of the biggest threats facing companies across industries, and the number one challenge facing financial services and energy and natural resources companies. Regulatory, namely government pressure to contain spending, was the ...