The International Monetary Fund (IMF) warned in a new report on Tuesday that the medium-term picture in the Asia Pacific region is weighed down by an aging population and sluggish productivity even though the global financial agency says that the long-term… Read More ›
Their implementation and interpretation by five different agencies have caused much concern in financial circles thus the current review. With U.S. financial regulators discussing the Volcker rule concerning speculative trading by banks, Wall Street’s biggest concern appears to have gained… Read More ›
Based on Theresa May’s Brexit stance, most large banks in Britain are working on the assumption that that the most likely outcome of Brexit will be Britain losing its access to EU’s single market and resulting in ‘Hard Brexit’. As… Read More ›
This hugely strategic deal for Sinclar has not only broadened its horizons but has also provided it stakes in WGN America and the Food Network. Sinclair Broadcast Group Inc disclosed on Monday that it would acquire one of the largest… Read More ›
Doubling down on an effort to eliminate a supply surplus just as its impact on prices wanes, Saudi Arabia and Russia signaled they could extend production cuts into 2018. They would consider prolonging their output reductions for longer than the… Read More ›
The price of bitcoin could go as high as $4,000 over the next 14 months and according to one investor this cryptocurrency is “fully valued” and could see a pullback in the short term after hitting $1,600 for the first… Read More ›
The youngest leader in the G7, Macron’s win essentially consolidates the irreversible progressive consolidation of unity against a backdrop of disruptive elements. With Emmanuel Macron wining the French elections, investment markets in Europe were in a celebratory mode. Although polls… Read More ›
Here’s what Warren Buffet said at the Annual General Meeting. Warren Buffett, the chairman of Berkshire Hathaway Inc, has come down hard to Wells Fargo & Co for wantonly allowing employees to sign up customers for bogus accounts. Although Wells… Read More ›
This is history in the making. A must read for bitcoin aficionados. The bitcoin industry is set to get a major investor – billionaire venture capitalist Tim Draper, a bitcoin aficionado has disclosed that he will be buying “a new… Read More ›
Based on the patient’s medical history matched with a global database of similar cases, a surgeon asking a Siri-like digital assistant in the operations theater about the options available in a risky operation, may not be a science fiction scenario… Read More ›
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