Author Archives
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After Saudi Prince Ups The Ante, Oil Investors Roll The Dice On OPEC
Saudi Arabia is in the driver’s seat as the OPEC trade is back. Hedge funds were almost as bullish on the global benchmark as they’ve ever been as Brent crude prices were propelled beyond $60 a barrel for the first… Read More ›
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Focus On Electric Delivery Vans Is Being Given By Automakers
An often overlooked segment with big growth potential given tightening pollution restrictions in urban areas, is the humble delivery van that automakers are increasingly sparing a thought for in the rush toward electric vehicles. Many in the industry expect it… Read More ›
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It’s Not Just An Automaker Now, Toyota Wants People To Know
Toyota Motor Corp. is a human movement company and this is what the Japanese car maker wants the world to know and wants to make it clear that it’s not only a car manufacturer. The attempt of the Japan’s largest… Read More ›
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Get Ready To Be Interrogated If You Want To Fly To America
More detailed talks with their airlines might be required for travelers headed to America. Starting Thursday, additional screening questions on about 2,100 daily flights will required to be asked by carriers from asking U.S.-bound passengers according to directions from the Department… Read More ›
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Investment Bank Predicts Investors Should Get Ready For A ‘Substantial’ Slowdown In The US Economy
The U.S. economy is expected to roll over as early as 2018, according to one investment bank and the bank is urging investors to prepare that roll over. “The US economy will in all likelihood slow down substantially: there is… Read More ›
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There Are More Billionaires In Asia Than The U.S.
With billionaires in Asia leading the pack, the world’s wealthiest individuals are on a roll. UBS Group AG and PricewaterhouseCoopers said in a report issued Thursday that after a decline 2015, billionaire wealth increased 17 percent to $6 trillion in… Read More ›
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Despite Booming, Bitcoin Sees Big Money Stays Away From It
As the value of all cryptocurrencies has surged tenfold this year to more than $170 billion globally, bitcoin is booming and digital currency hedge funds are sprouting at the rate of two a week. Yet for all the hype, taking… Read More ›
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Australian Assets Are Being Bought Up By The Wealthy Chinese, Here’s Why
From housing to ports to agriculture, Chinese investors are buying up assets very fast in Australia. From $300 million to more than $1 billion over the past year, Chinese investment in Australia’s agricultural sector has been very significant and this… Read More ›
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New Research Suggests That Economic Hypergrowth Could Result Due To Machine Learning
Artificial intelligence (AI) is already having a significant influence on everyday life, from Amazon’s Alexa learning which restaurants its users like, to Apple’s iPhone predicting the next word in a text message. What happens to economic growth if artificial intelligence starts generating… Read More ›
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Trump Official Says China’s Slow Reform Disappointed The U.S.
Ratcheting up the pressure on the world’s second-largest economy ahead of President Donald Trump’s visit to China next month, the U.S. has been disappointed this year at China’s lack of progress in pursuing market-oriented reforms, said a senior administration official…. Read More ›