Search Results for: Bank of America
Asian Stocks Drop as BOJ Rejecting Helicopter Money Supports Yen
July 22nd, 2016
Oil below $45 a barrel as gold retreats with copper, nickel Ringgit sinks as 1MDB scandal in focus; yuan strengthens Asian stocks fell with European equity index futures as commodities sank to levels last seen in May. Malaysia’s ringgit ...
The man behind the world’s biggest online illegal film site arrested
July 21st, 2016
US officials plan to charge the Ukrainian owner of the Web’s “most visited” piracy site, Kickass Torrents. The site distributes $1 billion worth of illegally copied content and is the world’s 70th most popular site. Attorneys for the US ...
Globalization’s Few Winners and Many Losers
July 21st, 2016
Quality, quality of life, and well-being are not easily quantified, so they are ignored. I often write about the Tyranny of Price, the rarely examined assumption that lower prices are all that matters. Thanks to the Tyranny of Price, ...
UnionPay International accelerates the localization of its overseas business
July 21st, 2016
UnionPay International is accelerating the localization of its overseas business by enlarging card-issuing scale abroad, and by supporting overseas cardholders’ card-using in the local market, China as well as other countries and regions. Latest data show that, by the ...
KBW and Nasdaq Launch Financial Technology Index
July 20th, 2016
Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ) today announced the launch of the KBW Nasdaq Financial Technology Index (Ticker: KFTX), a preeminent index designed to precisely track the performance of those companies that leverage ...
Crude oil futures mixed before U.S. inventory report
July 20th, 2016
Oil futures were mixed on Wednesday with Brent posting limited gains and U.S. crude trading sideways in advance of the release of official weekly inventory figures later in the day. Brent crude LCOc1 was up 5 cents at $46.71 ...
Asian Stocks Near Three-Month High as Yuan Rises With Crude Oil
July 20th, 2016
Commodity shares decline amid a retreat in industrial metals Hong Kong equity index set for bull market as yuan gains Asian stocks rose with European equity index futures as positive earnings reports from some of the world’s biggest companies ...
We’ve Entered an Era of Rising Instability and Uncertainty
July 19th, 2016
And there you have our future, visible in the 13th, 16th and 18th century price-revolution waves which preceded ours. That we have entered an era of rising instability and uncertainty is self-evident.There will always be areas of instability in ...
Led by Turkish Lira, Emerging-Market Currencies Shake Off Coup Jitters
July 18th, 2016
The Turkish lira rose against the U.S. dollar Monday, partially recovering from its largest one-day drop in nearly eight years as Turkey’s government reasserted control of the country after a failed coup. The lira gained 2.1% to 2.9573 per U.S. dollar. ...
“Soon” And “Really, Really Crazy.”: Starting Up The Helicopters
July 14th, 2016
As the abject failures of the past few years’ monetary experiments became apparent, it was clear that something else would have to be tried. The only questions were when this would happen and how crazy the next iteration would ...
