Deductions from one fund manager’s big-data analysis have concluded that Marine Le Pen is on course to be the next president of France. he expected the right-wing populist to prevail thanks to his firm’s proprietary artificial intelligence (AI) system’s analysis… Read More ›
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Amid Populist Surge, Caution Being Adopted on Equities by World’s Richest
According to Christian Nolting, chief investment officer at Deutsche Bank AG’s wealth management unit, rich investors are shunning equities because of concerns about the political impact from Donald Trump’s administration and Brexit. “People are still cautious; there is still demand for… Read More ›
Japan’s Economy Loosing Out Billions Due to Lack of Sleep of Workers
The world’s third-largest economy is being held back by an unusual source and it is has nothing to do with economics. A recent study by the government shows that apart from making people grumpy and unhealthy, sleep deprivation is doing… Read More ›
Fortress Investment to be Bought for $3.3 Billion in Cash by SoftBank
U.S.-based private equity and asset management firm Fortress Investment Group would be bought over by Japanese Internet and telecommunication giant SoftBank Group for about $3.3 billion in cash, the Japanese group has announced.. SoftBank is better known for its typical investments into technology… Read More ›
Test for Central Banks and Markets to be Presented by Reawakened Global Inflation
Inflation numbers are a key market focus for global central banks who have been battling to ward off deflation and have spent trillions of dollars in the years since the financial crisis. And with mounting signs, their efforts seem now… Read More ›
Stada receives 3.6 billion euro takeover offer from Cinven
German generic drug manufacturer Stada has been caught in the eye of the storm from activist shareholders since July 2016. This latest takeover bid is the result of a year-long pressure to improve its profitability in areas including transparency, hierarchies,… Read More ›
Warning Against unpicking Bank Rules to U.S. Given by EU Financial Services Chief
A top U.S. official has said that if Donald Trump’s administration repeals global rules imposed in the wake of the financial crisis, some U.S. financial institutions could be locked out of the European market. International rules agreed during the 2007-09… Read More ›
After PBOC Talks, Withdrawals Halted by China Bitcoin Exchanges
Due to perceived pressure from China’s central bank to clamp down on capital outflows, the nation’s three biggest bitcoin exchanges took steps to prevent withdrawals of the cryptocurrency form the country. The major bitcoin exchanges said in separate statements on… Read More ›
Burden of OPEC Oil Cuts Being Taken by Saudi Arabia
Saudi Arabia is overcompensating for some of its fellow oil producers even as OPEC members appear to be complying with agreed production cuts. 10 member states are required to reduce their collective output by 1.2 million barrels per day (bpd)… Read More ›
Analysts say Markets Almost Ready for any European Crisis
As several key elections approach and issues surrounding sovereign debt remain, there are increased concerns over the future of the European Union. Amid market nervousness that Europe could be back in a state of crisis, Italian, French and Greek government… Read More ›