In warning that risky assets are overvalued, more investors are joining the cast of Wall Street veterans from Jeff Gundlach to Ray Dalio. The valuations that no longer compensate for potential flareups in North Korea and Venezuela, the racially-charged violence in… Read More ›
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Rare Whisky Are Being Poured Into By Some Investors – Here Is Why
There are booming investments in old, rare and exclusive bottles of whisky, according to analysts. Noting a rise of 94 percent from the first half of 2016, the value of collectable bottles of Scotch sold at auction broke a record… Read More ›
‘Nothing Can Be Ruled Out’ In Border Spat With China, Says Former Indian Diplomat
There’s hope the dispute may be resolved soon as India and China have yet to pull troops and the border standoff between the countries in the Himalayas is now going on three months. As a precondition for formal talks, China… Read More ›
Global Bank Asks, ‘Who Cares?’ Even If There Are Concerns About Slow Economic Growth
DBS said in a note recently, just a myth is the persistent belief that global economic growth is “dangerously slow” and fragile. “If you’re worried about slow growth today, get used to it. It’s probably going to be slower five… Read More ›
After Brexit, Frankfurt Hopes To Become ‘Little London’
After a study said tens of thousands of jobs would be created, bolstering Germany’s banking capital, a city official has predicted that Frankfurt could become a miniature version of London after Brexit. As London, its dominant British rival, prepares for life… Read More ›
How One Holds Gold Determines It Worth Even As It Is The Best Hedge Against Global Uncertainties
It is all about how one holds on to gold according to the chief executive of The Pure Gold Company even as gold’s role as a ‘safe haven’ asset in times of uncertainty is widely acknowledged. Highlighting its security and… Read More ›
With Plans In Hand And Economy In Decline, Britain Heads Back To The Brexit Table
There are now signs of a potentially serious slowdown in Britain’s economy after a prolonged period of relatively benign economic numbers following last year’s vote to leave the European Union. From a widening trade deficit to lackluster manufacturing, they stretch… Read More ›
The Next Risk To The Global Financial System Could Be China’s ‘Belt And Road’ Initiative
Promoting economic prosperity and fostering diplomatic ties on a global scale is the aim of China’s mammoth, pan-Eurasian “Belt and Road” infrastructure initiative. That rhetoric comes with risks, and increasing levels of state-backed funding have raised concerns about just how… Read More ›
How Collision Avoidance Systems Prevent Many Accidents, Injuries Shown By New Report
When blind spot alert or a lane departure warning system keeps you from steering into another vehicle the next time you are driving, count your blessings. The prevalent collision avoidance systems dramatically cut the number of accidents and injury-related crashes,… Read More ›
Downturn Is Coming, Wall Street Banks Warn
Mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle is seen by HSBC Holdings Plc, Citigroup Inc. and Morgan Stanley. In addition to investors ignoring valuation fundamentals and data,… Read More ›