Economy 575
India quarterly growth falls to worst level in six years
India's economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government figures released Friday that piled more pressure on Prime Minister Narendra Modi.
Surge of activity in Auckland investment market - Colliers
A strong surge in activity over the last two months has contributed to a record year across all four offices that make up Colliers International’s Auckland Investment Sales team.
Daily Mail owner buys i newspaper for £50m
DMGT buys the newspaper from JPI Media, which took over Johnston Press last year.
AmBank Group to disburse up to RM6b of loans in 2H 2020
KUALA LUMPUR, Nov 29 — AMMB Holdings Bhd (AmBank Group) targets to disburse up to RM6 billion in loans in the second half of its financial year ending March 31, 2020 (H2 2020), driven by the current positive sentiment in the industry’s loan growth segment. Chief executive officer Datuk Sulaiman...
Who's winning the lithium-ion battery race? EV battery megafactories compete
Demand for Li-ion batteries is growing faster than supply and industry forecasters can keep up
November Portfolio Update - Prefs And Finance
This month saw a smaller amount of overall investments, mostly going into finance, some oil/energy, preferred stock, and other debt instruments.FX is somewhat improved, but still at prohibitive levels
Slow Q2 GDP growth: Weak credit, manufacturing need fixing, say experts
The rate of economic expansion was the lowest in more than six years; it slipped from 5 per cent in Q1 this year and 7.1 per cent in Q2 of FY19
Costco's website crashed for several hours over Thanksgiving, and experts estimate it could have cost the retailer nearly $11 million in sales
Costco's website was down for at least 16 hours, according to data from the outage-tracking website, Downdetector.
Save up to £5,000 on Cartier and Audemars Piguet watches in the Goldsmiths Black Friday sale
These pre-owned luxury watches are heavily discounted and come with a two-year warranty
India's Q2 GDP growth dips to over 6-yr low of 4.5%; manufacturing weighs
This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13, when it was registered at 4.3%
Saudi Aramco IPO received $44.3 billion in bids so far: Samba Capital
The state-owned oil giant plans to sell 1.5% of the company's shares for as much as 96 billion riyals ($25.6 billion), a deal which would give it a market value of $1.7 trillion
Onion crisis eases in Tirupati, Chittoor
No cap on quantity at Rythu Bazaars
India’s economic growth cools to six-year low
Slowdown in rate of expansion is latest sign of deepening gloom
Sherri Hrycay finds timelessness in designing women's hats
Hrycay was invited for a third year to make a hat for the London Hat Week, an exhibit with 200 milliners chosen from around the world.
Minister: Malaysian film industry in for better times following co-production agreement with Australia
PUTRAJAYA, Nov 29 — The Malaysian film industry is in for better times following the signing of a co-production agreement between Malaysia and Australia in Sydney today. Communications and Multimedia Minister Gobind Singh Deo said that with the signing of the agreement, Malaysian productions will...
Seven Chinese universities in top 10 of QS Asia Rankings
QS Quacquarelli Symonds, a London-based higher education analyst firm, released on Wednesday its latest assessment of Asia’s 500 best universities
Gold price drop triggers heavy buying in India; demand wanes in other hubs
Dealers were charging a premium of up to $1.5 an ounce over official domestic prices this week, compared with a discount of $3 last week
Tesla Expands Its Australian Megabattery Empire
The world's biggest battery is about to get 50% bigger (and could double again).
Bitcoin Price Hits Tipping Point Above $7.6K — Pivotal Weekend Ahead
Bitcoin bulls and bears are set to have a key battle going into the weekend at a critical price level that could set the tone for the rest of the year.
The Asset Allocator: Meb Faber - All-Time Highs Are 'Nothing To Be Afraid Of' (Podcast)
ETF manager, author and popular investment blogger Mebane Faber addresses the asset allocation issues of the day. Among our topics in this wide-ranging interview:Faber does not look askance at buy-and
'The markets are not thinking about it yet' — BlackRock boss Larry Fink reportedly expects political turmoil in 2020
BlackRock CEO Larry Fink is reportedly worried about political instability in 2020, and doesn’t view investors as awake to the risks.
Euro snoozes through sleepiest week since launch 20 years ago
Currency lodged in tight range thanks to steady monetary policy and trade uncertainty
Lion Industries posts fourth straight quarterly loss of RM110.6m
KUALA LUMPUR (Nov 29): Lion Industries Bhd reported a net loss of RM110.62 million for the first quarter ended Sept 30, 2019 (1QFY20) versus a net profit of RM19 million a year ago, including a lower margin of its steel division, and higher loss from associated companies and joint ventures.This marks its fourth consecutive quarterly loss.As a result, it registered a loss per share of 16.25 sen from 2.79 sen for 1QFY19, Lion Industries said in a filing with
The Case Of The Pirated Blueberries: Courts Flex New Muscle To Protect Plant Breeders’ Intellectual Property
A few weeks ago, the Federal Court of Australia ordered a farmer in New South Wales to pay $290,000 to a blueberry-producing company because he had grown and sold a proprietary variety of the fruit without permission....
Samsung’s Android 10 roadmap points at January rollout for Galaxy S10 and Note 10, no update for S8 or Note 8
Every year Samsung unfailingly puts out a software release roadmaps for its entire smartphone lineup, and this year’s detail when Android 10 is
Bitcoin Price Hits Tipping Point Above $7.6K — Pivotal Weekend Ahead
Bitcoin bulls and bears are set to have a key battle going into the weekend at a critical price level that could set the tone for the rest of the year.
Why there'll be no morning-after regrets when Sydney eases lockout laws
Sydney in 2019 is a very different place from Sydney in 2014.
Statistics Canada reports pace of economic growth slowed in third quarter
Statistics Canada says the pace of economic growth in Canada slowed in the third quarter.
Ex-Bank Executive Linked to Trump Loans Commits Suicide
Thomas Bowers, who is said to have approved some of the financial services company's loans to President Donald Trump, has committed suicide.
Top news of the day: GDP growth slips to a six-year low of 4.5%, Pragya Thakur apologies for Godse remarks, moves privilege notice against Rahul Gandhi, and more
The major news headlines of the day, and more.
Academic Conference: World Symposium on Investment Research
It is an annual event taking place on the first Sunday and Monday of May in some financial centers around the globe.
Trolley numbers for this year are the highest since records began, INMO says
The INMO said today that over 108,300 people have gone without beds so far this year.
4th Annual Private Wealth Switzerland Forum
The 4th Annual Private Wealth Switzerland Forum–Zurich brings together more than 250 attendees including 150 leading high-net-worth capital allocators from Switzerland and beyond.
Q2 GDP, core sector data may push RBI to cut rates in December: economists
The GDP growth rate for Q2FY20 was in line with the market expectation at 4.5 per cent, says Deepthi Mary Mathew, economist, Geojit Financial Services
Canada: Economy grew at annualized rate of 1.3% in Q3 vs. 1.2% expected
The Canadian economy expanded 1.3% on a yearly basis in the third quarter supported by higher household spending and business investment, the data pub
Lufthansa: German airline not open to Qatar investment
DUBAI: Saudi Arabian and international investors have subscribed to the initial public offering of Saudi Aramco in huge numbers, with demand for shares in the world’s most profitable company exceeding the number of shares on offer. Financial advisers to the biggest IPO in history announced that bids to the value of $44.3bn (166.275bn riyals) have been received in total from
E.ON SE (ENAKF) CEO Johannes Teyssen on Q3 2019 Results - Earnings Call Transcript
E.ON SE (OTCPK:ENAKF) Q3 2019 Earnings Conference Call November 29, 2019 03:30 AM ET Company Participants Carsten Thomsen-Bendixen - Interim Head of Communications and Political Affairs Group Spokesma
3 arrested in downtown Vancouver climate protests
Three protesters taking part in a mock funeral procession through downtown Vancouver have been arrested.
Internal security big challenge before $5 trn economy target: Amit Shah
Shah exhorted the police forces to take proactive steps towards improving their image among the public through behavioural and professional changes
India quarterly growth falls to worst level in six years
India's economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government figures released Friday that piled more pressure on Prime Minister Narendra Modi.
Black Friday evolves but still marks start of holiday shopping season
The holiday shopping season kicks off on Friday with traditional Black Friday sales, though many retailers got a jump on the competition by getting started with deep discounts on Thanksgiving Day, and analysts forecast data to show that online shoppers spent a record $4 billion on Thanksgiving, MarketWatch reports. The total had already reached $2.1 billion as of 5 p.m. Thursday, a 20.2 percent increase compared to the same point last year. Demand was so high on Thursday that Costco's website and app were briefly hampered by heavy traffic, USA Today reports. Black Friday is continuing to evolve, as many stores try to snag a bigger share of holiday sales by cutting prices days or even weeks before what used to be a one-day shopping frenzy. Shoppers are expected to spend up to $731 billion in November and December, roughly 4 percent more than in the same period last year. Harold Maass
World's Cheapest EV Is Russian and It Launches in 2020
While we wouldn’t describe the global electric vehicle market as booming (yet), it is growing steadily and there is demand for vehicles of all shapes and sizes, and of course this includes minute city cars too.
Canada's GDP growth slows in third quarter
The pace of economic growth in Canada slowed in the third quarter, boosted by higher business investment and increased household spending, but weighed down by a drop in exports, Statistics Canada said Friday.
'The markets are not thinking about it yet' — BlackRock boss Larry Fink reportedly expects political turmoil in 2020, Business Insider - Business Insider Singapore
Business Insider - Political scientist Ian Bremmer said Fink shared his fears of a constitutional crisis in 2020, whether Trump is reelected or not.. Read more at businessinsider.sg
USD/INR Technical Analysis: Eases from weekly tops, up little around 71.60 region
The USD/INR cross built on the previous session's recovery move from near three-week lows and gained some follow-through traction on the last trading
The European Parliament Declares a Climate Emergency
EU should commit to net-zero greenhouse gas emissions by 2050 at the UN Conference, says Parliament. Ahead of the UN COP25 Climate Change Conference in Madrid 2-13 December, the Parliament on Thursday approved a resolution declaring a climate and environmental emergency in Europe and globally.
Annual inflation rises to 5.56pc as food prices continue to increase
NAIROBI, Kenya, Nov 29 - Kenya’s year-on-year inflation has risen to 5.56 percent, compared to 4.95 percent registered last month, as the price of food and alcoholic drinks increased. According to Kenya National Bureau of
Saudi Aramco IPO gets US$44.3b in bids so far, says lead manager
RIYADH, Nov 29 — Saudi Aramco has received bids for its shares totalling US$44.3 billion so far, lead manager Samba Capital said today, putting its initial public offering on track to be over-subscribed. The state-owned oil giant plans to sell 1.5 per cent of the company’s shares for as much as...
Alta Fox Opportunities Fund, L.P. Q3 2019 Quarterly Letter
Alta Fox Capital is a long/short hedge fund.In Q3 2019, the fund decreased 2.21% gross and 2.10% net.This compared favorably to the -2.40% return for the Russell 2000 and -5.4% return for the Russell
Natixis downgrades price outlook for 2020 as gold starts losing glitter
Signs of a thaw in the US-China trade spat and prospects of an improvement in US economic growth have taken a toll on the metal, which has lost nearly $100 an ounce to trade at $1,456 today
Samsung Android 10 update roadmap revealed in the Philippines
After revealing Samsung Android 10 update roadmap in Israel, China and India a new report confirms how the update will flow in the Phillippines.
Nalco banks on long-term raw material security for alumina, aluminium ops
Coal mining to take off in 2020, Pottangi bauxite mine to go on stream in 2023
Sensex hits 19 fresh highs in November, gains 665 points
The announcement of corporate tax reduction in the last week of September provided the much-needed trigger that lifted the market by around 4 per cent during the month and a little over 7 per cent till date
Minister urges Japanese investors to leverage Malaysia’s digital transformation push
KOBE (Japan), Nov 29 — International Trade and Industry Minister Datuk Darell Leiking is calling for Japanese investors to leverage on Malaysia’s push for digital transformation. He said Malaysia was committed to undertaking the digital transformation efforts, among others, through the National...
Bitcoin (BTC) Futures Markets Hit $5B Daily Volume
The Bitcoin (BTC) market has evolved to include the simplest kind of derivative financial products - futures contracts. Those markets now reach $5 billion
SC ruling on AGR will lead to telecom sector’s collapse: FICCI
Cascading effect will be felt across several other sectors too
Humana: Patience Will Likely Achieve A Lower Buy Price
The only way an investor can realize a return from an investment in shares is through receipt of dividends and gains on share sales. I repeat - the only way.The best way to make a gain on sale of shar
Tesla Cybertruck’s Edgy Design Is A Risk To Pedestrians
The Tesla Cybertruck is quickly turning into the villain of the truck world. If its appearance isn't offens...
Lebanon Crisis Wreaks Havoc on Syria's War-Torn Economy
A financial crisis in Lebanon has hit the economy of neighbouring Syria hard, choking off a vital source of dollars and dragging the Syrian pound to record lows. Shut out of the global financial system by Western sanctions, Syria's economy has depend
Domestic traffic for Air Passengers rises by 12pc – KCAA
NAIROBI, Kenya, Oct 29-The Kenya Civil Aviation Authority says there is an increase in passenger traffic at the Jomo Kenyatta International Airport with 12 per cent growth in domestic passengers and 7.6 per cent in
This election gives us the impossible choice, writes Robert Peston
How do you weigh a once-in-a-generation transfer of power from private sector to public sector and from capital to labour, against an irreversible rupture with the European Union? That is the choice being offered to voters, by Labour and the Tories respectively. Talk about chalk and cheese, or bicycles versus fish. How on earth do you decide, if you haven't made up your mind already, which you like best? You could argue that the desire among some voters to squeeze the private sector's pips till they squeak and those that want to take a chainsaw to the UK's ties with the EU - with only a relatively small group apparently wanting both - stem from similar social and economic causes. Namely that the way we've run this place has eroded the living standards, security and a sense of being heard for millions of people, especially those outside the big metropolises, as well as among the young.
India GDP growth: a six-and-a-half-year low – ANZ
Analysts at Australia and New Zealand Banking Group (ANZ) offered their take on Friday's release of Indian GDP report, which showed a further decelera
UK Black Friday transactions jump 12.5pc versus 2018, says Barclaycard
LONDON, Nov 29 — The volume of Black Friday payment transactions in Britain as of 1000 GMT was up 12.5 per cent versus last year, initial data from Barclaycard showed today, bringing some cheer to UK retailers in need of a tonic after a troubled year. Barclaycard, which processes nearly one pound...
Canadian Investment Firm 3iQ Files Prospectus for Bitcoin Fund
Canadian investment fund manager 3iQ filed a preliminary prospectus for its close-end, regulated, publicly-traded Bitcoin fund.
India accounted for 22% of all visa-related searches to US in 2018: Survey
Overall, the top 10 countries accounted for nearly 56.5 per cent of all foreign visa-related searches in 2018, the report added
Forget the Noise; Traders Explain Why You Should Be Long-Term Bullish on Bitcoin
Traders are bearish on bitcoin after a 53% crash. More pain may be ahead but BTC offers features that make it a good long-term investment.
SAA dropped by leading travel insurer
The decision prompts Australian travel agency Flight Centre Travel Group to stop selling tickets for the airline.
If this is not recession, what is? Opposition slams govt after India's GDP growth dips | Reactions
Speaking at the National Economy Conclave, CPI(M) leader Sitaram Yechury referred to the recent GDP numbers and said, "This is the New India. This government wants a Hindu Rashtra which they want to do keeping states at bay."
GDP means 'Godse Divisive Politics' to BJP: Congress
Q2 GDP: Congress's 'Godse Divisive Politics' jibe comes after Pragya Thakur criticised Rahul Gandhi for calling her a terrorist
Review: Derbyshire-built Toyota Corolla is back - and it's gorgeous
Has the striking new Corolla been worth the wait?
Top news today evening: India’s GDP slips further, Pragya Thakur’s apology and more
From India's GDP slipping to a 26-quarter low of 4.5 per cent in the second quarter to Pragya Thakur issuing apology in the Lok Sabha over Godse remarks, here are the top news of today evening.
Mulpha International suffers big losses, dragged down by RM315 million impairment in 3Q
KUALA LUMPUR (Nov 29): The whopping RM315.38 million impairment on its investment in an Australia-listed associate, AVEO, widened Mulpha International Bhd's net loss substantially to RM299.32 million in the third quarter ended Sept 30, 2019 (3QFY19) from RM6.65 million in the previous corresponding quarter.The hefty impairment offset the improved performance in the hospitality and property divisions, said the company in a filing with Bursa Malaysia.The company’s loss per share swelled to 93.69 sen for 3QFY19 from 2.08 sen for
Bill Evans: Australian dollar to keep falling as RBA cuts
Via Bill Evans of Westpac on the RBA and the Australian dollar:
Shareholders of Singapore-listed POSH told to accept takeover offer by Kuok Group
KUALA LUMPUR (Nov 29): Minority shareholders of loss-making Singapore-listed PACC Offshore Services Holdings Ltd (POSH) have been advised to accept the voluntary conditional cash offer of S$0.215 by the Kuok Group, through its investment vehicle Quetzal Capital Pte Ltd.In a letter to the recommending directors in respect to the offer, independent financial adviser Provenance Capital Pte Ltd said the offer presents shareholders with a cash exit opportunity to realise their entire investment in the shares at a fixed price
Tax benefits for traders as CBDT approves NSE's commodity derivatives
Exchange gets 'Recognised Association' status, due to which participants can set off losses in commodity derivatives against business gains
Enphase: All Cats Love Fish But Fear To Wet Their Paws
Enphase Energy surprised us with victories it made this year. Revenue and operating income broke all records.The company offers us unprecedented growth, progressive technology of solar energy inversio
Greater balance in Christchurch industrial sector - Colliers
Christchurch’s industrial sector is recalibrating to a more balanced demand and supply profile, as construction activity dips slightly and local businesses expand and absorb existing space.
AMD dominates the charts of best-selling desktop processors
AMD dominates the charts of best-selling desktop processors, it confirms the excellent period it is experiencing due to its offer of processors.
Gold heads for biggest monthly drop in 3 years on US-China talks optimism
The precious metal is down 3.6% this month, the most since November 2016, when Trump won the US presidential election
Global funds raise stock allocations at the expense of cash: Reuters poll
BENGALURU (Reuters) - Global funds recommended switching cash back into equities in November as stocks worldwide rose to near record highs despite a lack of clarity over how, when, or if a truce will be called on the damaging U.S.-China trade war, a Reuters poll showed.
ET View: Time to boost demand, forget the fiscal deficit target
The time has come for the government to shed its obsession about fiscal deficit targets and borrow more from the market, both to compensate the states for their shortfall in GST collections and to meet its own expenditure commitments. India still has deep reserves of economic resilience and it is necessary to avoid any self-defeating talk of recession.
Debt ETFs/index funds to have minimum of 8 issuers: Sebi
If a credit rating falls below the investment grade, rebalancing by Debt ETFs/index funds will be done within five working days.
CEA Subramanian sees GDP picking up in Q3, says fundamentals remain strong
India's economic growth slowed to 4.5 per cent in the September quarter from 7.1 per cent in the corresponding period of last year
India offers credits to boost Sri Lankan economy, security
Rajapaksa, a former defence secretary who is credited with ending the country's long civil war, was sworn in as the island nation's new president on November 18, a day after he won the closely fought presidential election in island nation.
China limits number of rides drivers can offer through car-pooling services
China's Ministry of Transport said car-pooling services have to limit the daily number of rides drivers can offer through apps such as Didi ...
RBI may go for another rate cut as GDP slows to more than 6-year low
Analysts expect the MPC slashing interest rates by 25 basis points (bps), along with a marginal cut in gross domestic product (GDP) growth forecast for FY20
Fiscal deficit hits 102% of budget estimate till October
India Business News: The country's fiscal deficit hit 102.4% of 2019-20 Budget Estimate (BE) at Rs 7.2 lakh crore at the end of October. The fiscal deficit or the gap betw
SBI FXTRADE Expands Offering, Adds 8 New JPY Currency Pairs
SBI FXTRADE Co., Ltd. announced this Friday that it is expanding its FX product offering to include eight new currency pairs based on the Japanese yen.
Bulgaria Is among the Countries Which Export the most Grain
Bulgaria is one of the leading exporters of grain. Over the past year, it exported grain worth more than $ 1 billion, or a quarter of the country's total exports.
Costco’s website crashed for several hours over Thanksgiving, and experts estimate it could have cost the retailer nearly $11 million in sales
Costco’s website crashed for several hours over Thanksgiving, and experts estimate that it could have cost the retailer as much as $11 million in sales.
Lebanon crisis wreaks havoc on Syria's war-torn economy
AMMAN (Reuters) - A financial crisis in Lebanon has hit the economy of neighboring Syria hard, choking off a vital source of dollars and dragging the Syrian pound to record lows.
Shocking figures reveal 2019 has been the worst for hospital overcrowding with a full month left to go
The alarming figure breaks 2018's previous record with a full month left to go in the year
3 Reasons Why Shorting McDonald’s (MCD) Stock Now Is a Bad Idea
Missing third quarter estimates and the firing of the CEO is why investors are short McDonald’s. There are reasons why you shouldn't.
Trading Forex in the Philippines
Time for Forex trading in the Philippines? Keep a wary eye on the local market and find a trading platform to make you a key player.
USD/JPY climbs to fresh six month highs above 109.60
The USD/JPY pair is inching higher ahead of the American session on Friday supported by the broad-based USD strength. As of writing, the pair was trad
NSW Treasurer Dominic Perrottet: lessons from my father, John
John Perrottet works at the World Bank developing tourism projects. His son Dominic – one of 12 siblings – is NSW Treasurer.
Sebi brings norms for debt ETFs, issuer to have less than 15% index weight
Under the norms to be adopted by all mutual fund houses, the index will have a minimum of eight issuers, rating of the constituents of the index will be investment grade
After Zynga deal, Empires & Puzzles maker is an inspiration for Finnish game industry
After Zynga bought Small Giant Games last year for $560 million, the Empires & Puzzles maker became an inspiration for Finnish game industry
Whitesands decision delay blasted by campaigners
A decision by Scottish ministers into the fate of the flood defence scheme is now expected in the New Year - despite reporters submitting their findings in September.
Benelli Leoncino 250 review, test ride
Head here to read our review on the Benelli Leoncino 250, the smallest bike in the manufacturer''s Scrambler line.
Indian retailer Future's shares surge as regulator approves Amazon investment
Shares in Future Retail Ltd surged 13per cent on Friday, after India's antitrust body approved a deal that would give Amazon.com Inc a minority ...
Mike Birbiglia Keeps It Candid in His Netflix Special The New One
Mike Birbiglia is back with another personal new show.
Gross Domestic Product growth falls to 4.5% in Q2 of 2019-20
The Gross Domestic Product growth fell to 4.5 per cent in the second quarter of the year 2019-20.
Oil to be stuck in a rut in 2020 as slowing demand fuels glut
Opec unlikely to opt for deeper output cuts.
UK Conservatives' lead over Labour narrows to eight points: Panelbase poll
LONDON (Reuters) - British Prime Minister Boris Johnson’s Conservative Party has seen its lead over the opposition Labour Party narrow to eight points from 10 a week ago, according to a poll by Panelbase, the latest of several polls to show a slight tightening of the race.
December fuel price prognosis - a mixed bag for motorists | IOL Motoring
Petrol prices are set to increase slightly in December, while diesel is set to go down, according to month-end data.
Hut 8 Purchases 9 Data Centers from Bitfury for $7 Million
Hut 8 Mining Corp on Thursday announced the acquisition of nine Blockbox AC data centers from the BItfury Group, costing $7 million.
Why This Top Aerospace Stock Is Poised to Fly Higher
One of the best-performing industrial stocks of the last decade shows no signs of slowing down.
India: Economy grew 4.5% in Q2 vs. 4.7% expected
The data published by the Ministry of Statistics on Friday revealed that the Gross Domestic Product (GDP) in India expanded by 4.5% following the %5 g
Loan fraud case: two former bank officials, seven borrowers jailed
Convicted duped the bank to the tune of ₹43.21 lakh: CBI
Tesla Cybertruck to Join Dubai Police Luxury Vehicle Fleet
Last week, Tesla introduced its long-awaited Cybertruck at an event in Los Angeles, followed by the launch of preorders though the start of production is not scheduled to begin until 2021 or late 2022.
Official First Look at the Tear-Away Nike SB Air Jordan 1 Low QS "Desert Ore/Royal Blue"
The canvas upper reveals layers of "UNC Blue" and more underneath.
BPCL Privatisation: DIPAM Appoints Deloitte As Adviser For Strategic Sale Of India’s Second Largest Oil Refiner
Some global petrochemical giants, including Saudi Aramco have expressed interest in the assets of BPCL
62% people in Tamil Nadu paid bribe to get work done: Survey
As per an India Corruption Survey which was carried out by Transparency International India and Local Circles this year, 62% of the people surveyed from Tamil Nadu admitted that they had resorted to bribery to get their work done.
Malaysia beats Thailand in video streaming experience, says Opensignal report
KUALA LUMPUR, Nov 29 — Opensignal has just posted its latest “State of Mobile Video Experience” report and it appears that telcos in Malaysia have shown some improvement when it comes to the mobile video experience. The overall mobile video experience score for Malaysia has increased from...
Agbami parties invest N5.8bn on scholarships, education infrastructure
Agbami parties had invested a total of N5.8bn on the Medical and Engineering Scholarships, AMEPs on merit for Medical students .
Every Day She Rose is an important piece of political theatre
Black Lives Matters’ action at Pride shatters a friendship in this of-the-moment play that asks all the right questions
Vancouver teen climate group protests Black Friday shopping
Metro Vancouver teens skipped school to hit the mall this Black Friday but they weren't bargain hunting.
World shares mostly slide in ‘Black Friday' retreat
BEIJING (AP) - Stock markets mostly fell Friday as investors gauged whether renewed China-U.S. tensions might lead to a "Black Friday" sell-off, and with U.S. traders largely out for a long weekend.
Nothing for free in 2020, not even masturbation – Juliet Ibrahim warns
It Is that time of the year where people seem to reminisce on the year 2019 and make preparation ahead of the new year, 2020. Popular Ghanaian actress, Juliet Ibrahim, is not left out as she
India’s economic growth falls to 4.5% in July-September quarter – the slowest in over six years
This is the sixth straight quarter of slower growth. The GDP grew just 5% in the April-June quarter.
Huawei Watch GT 2 heading to India, will be sold at Amazon and Flipkart
Huawei Watch GT 2 is heading to India. According to a new information on the company's website it will be available on Amazon and Flipkart retailers.
Huawei plans legal challenge over exclusion from federal subsidies in US
The Federal Communications Commission last week branded Huawei and its Chinese rival ZTE as threats to US national security and blocked them from the fund
Is Vietnam too cautious when setting economic development goals for 2020? - VietNamNet
Many economic targets set for 2020 are lower in comparison with real implemented levels.
French lawmakers seek to ban Black Friday sales
PARIS — Dozens of French activists blocked an Amazon warehouse south of Paris in a Black Friday-inspired protest, amid increased opposition to the post-Thanksgiving sales phenomenon that has seen a
India offers funds to Sri Lanka in bid to outdo China
NEW DELHI, Nov 29 — India, anxious to counter China’s influence in the region, today offered hundreds of millions of dollars in aid to Sri Lanka as the island’s new president made his maiden overseas trip in New Delhi. Gotabaya Rajapaksa’s visit to India just 12 days after he became...
Q2 GDP: Fiscal deficit of 3.9% realistic, says Uday Kotak
The just released GDP data for the second quarter (July-September) shows that the growth has gone down to 4.5 per cent (the lowest in six years) from 5 per cent in the first quarter (April-June)
Trade surplus shrinks in October
Exports up 11.9% on a month-on-month basis.
The Frugal REIT Investor
Wealth is not the same as income. Wealth is what you accumulate, not what you spend. Thomas Stanley.The foundation stone of wealth accumulation is defense. Thomas Stanley.Investors must select stocks
Government reviews stamp duty charge
Federal Government has reviewed the N50 stamp duty charge on electronic payments in the country following public outcry.
Mudajaya back in the black after 13 straight quarterly losses
KUALA LUMPUR (Nov 29): After logging 13 consecutive quarters of losses, Mudajaya Group Bhd has returned to the black with a net profit of RM812,000 in its third quarter ended Sept 30, 2019 (3QFY19).This was despite its revenue contracting 25.6% on year to RM110.18 million during the quarter under review from RM148.18 million in 3QFY18, due to the completion of its 49 megawatt (mW) solar photovolatic energy plant at Sungai Siput, Perak in November 2018, and the slow progress
Lukoil: Solid Q3 Results Ensure High Yields
Lukoil performed better than expected in Q3 2019.I expect Lukoil to generate strong FCF in the medium term.Lukoil is one of the best quality stocks in the Russian stock market.
Despite growth in govt expenditure, GDP slowdown continues
The economic activities which registered growth of over 4.3 per cent in Q2 of 2019/20 over Q2 of 2018/19 are 'Trade, Hotels, Transport, Communication and Services related to Broadcasting' 'Financial, Real Estate and Professional Services' and 'Public Administration, Defence and other services'
10 animals killed in barn fire at Ohio wildlife park
At least 10 animals have died in a barn fire that erupted at an Ohio wildlife park, officials said.
We are in a virtual free-fall, says Congress on GDP growth slip
The Congress on Friday took a swipe at the BJP government over the GDP growth falling to 4.5 per cent, and said this is the lowest GDP recorded in six years.Congress chief spokesperson Randeep Surjewa
'I made excuses': music industry frets over becoming carbon neutral
Coldplay and Massive Attack have pledged more environmentally sound tours this week – but given the financial and artistic importance of touring, the industry faces tough challenges
Asian shares slide on weak Japan data; US markets closed
BEIJING — Shares extended losses in Asia on Friday after Japan and South Korea reported weak manufacturing data that suggest a worsening toll from trade tensions.
CISF Recruitment 2019 for Head Constable (Rs. 25,500 – Rs. 81,100/-Per Month)
CISF Recruitment 2019 for Head Constable (Rs. 25,500 - Rs. 81,100/-Per Month)Applications are invited from the Male/Female citizens of India to fill up 300
GDP growth slumps to 6-year low of 4.5% during July-September
Dragged by dip in consumption and exports
The Alphies 2.0 - Behind The Idea's Best Of 2019 (Podcast Transcript)
For our 100th episode, we take a look back on the year that's been.We pick out favorite guests, ideas, and stories from 2019 and see if there are any lessons to take away.We also share an important an
India's Sep-quarter GDP growth slips to 4.5%, the lowest in over six years
Q2 growth numbers fell, in line with economists' expectations, mainly on account of a weak manufacturing, falling consumer demand and private investment, and a drop in exports due to a global slowdown
Core sector output shrinks 5.8% in October
As many as six of eight core industries saw a contraction in output in October.
Mercedes-Benz Parent Company Daimler To Cut Thousands of Jobs
Daimler says it plans to cut thousands of jobs by the end of 2022, not filling some vacant posts and offering severance packages in Germany.
Japanese fashion tycoon Maezawa shows off $900 million SoftBank payday
TOKYO (Reuters) - Japan’s Yusaku Maezawa on Friday posted footage of a $900 million payday for the fashion magnate following his sale of a stake in Zozo Inc, the online fashion retailer he founded, to SoftBank Group Corp.
India offers funds to Sri Lanka in bid to outdo China
India, anxious to counter China's influence in the region, on Friday offered hundreds of millions of dollars in aid to Sri Lanka as the island's new president made his maiden overseas trip in New Delhi.
Bitmain Lawsuit Heats Up, Plaintiffs Fight Motion to Dismiss
United Corp, a Florida-based cryptocurrency company that sued Bitmain in December 2018, contested the mining giant's motion to dismiss the case in a US
‘Winter is coming’: Synergy, transformation crucial for growth, says BI
Reiterating the President's notable Game of Thrones analogy, the Bank Indonesia governor stressed that structural transformation was vital to facing the coming "winter" in the global economy.
Maldives ex-President Yameen Sentenced to 5 Years Prison Over Money Laundering Charges
Yameen has been accused of receiving US $1 million of government money through a private company as part of a deal to lease a number of tropical islands for hotel development.
Turkey is a leading NATO member. It’s time this commitment was recognised, not criticised ǀ View
The 70th anniversary of NATO follows both President Emmanuel Macron’s recent comments about the Alliance suffering from a “brain death” and the legacy of last year’s summit, during which tensions were high and questions swirled about NATO’s longevity and utility.
Equities Slip While Investors Mark Time
The eurozone reported its preliminary estimate for November CPI rose more than expected.Germany surprised by a decline in November unemployment queues, which slimmed by 16k.The euro is stuck near its
Huawei plans legal challenge to latest US pressure: Report
The Federal Communications Commission last week branded Huawei and its Chinese rival ZTE as threats to US national security and blocked them from the fund. It also proposed that other service providers be required to cancel or replace existing services and equipment from the companies. Huawei plans to file a lawsuit in the United States next week.
PIMCO Enhanced Short Maturity Active ETF: A 'Better Than Cash' Alternative
MINT is a low-risk bond-based exchange-traded fund with a focus on capital preservation and liquidity while offering yields above Treasuries through a monthly dividend.Actively managed strategy is uni
Inflation Rates Up By 5.56PC in November, From 4.9PC In October
The cost of living (inflation rate) went up from 4.95 percent in the month of October to 5.56 in November.The Kenya National Bureau of Statistics (KNBS) notes that the cost of food and non-alcohol
Sasol scores ‘own goal’ as climate pressure mounts in SA
Company could face legal challenges if it continues to refuse votes on the issue.
South Korea cuts growth forecast to lowest in decade
SEOUL: South Korea's central bank on Friday (Nov 29) cut its growth forecast for this year to 2 per cent, which would be the weakest rate in a ...
Chris Wood Shows His Support For Wife Melissa Benoist Following Her Domestic Violence Reveal
Chris Wood is opening up and sharing all his support for wife Melissa Benoist, following her eye-opening video describing the domestic violence she went through in a previous relationship.
The best portable Bluetooth speaker
The best portable Bluetooth speaker for most people is the UE Wonderboom 2.
Japan: Nintendo issues apology for Ring Fit Adventure shortages
Japanese consumers have been lapping up Ring Fit Adventure on the Nintendo Switch and subsequently there have been severe stock shortages of the fitness title. Nintendo told its followers on Twitte…
World shares mostly slide in ‘Black Friday' retreat
BEIJING (AP) - Stock markets mostly fell Friday as investors gauged whether renewed China-U.S. tensions might lead to a Black Friday sell-off, and with U.S. traders largely out for a long weekend.
Politics And The Markets 11/29/19
This is the forum for daily political discussion on Seeking Alpha. Please don't leave political comments on other articles or news, and please avoid personal insults!
Normalizing Cannabis Retail With Nicole Fox (Podcast Transcript)
Nicole Fox is founder and CEO of Aeon Botanika, a wellness cannabis company in LA, and has been a cannabis activist since 2003. She co-founded two of the first dispensaries in LA, serves on the board
Why Bitcoin Price May Soon Jump 15% to $8,500: Trader Who Foresaw Decline to $6,600
It may have been Thanksgiving on Thursday, but Bitcoin (BTC) held its ground, managing to make a number of key time frame closes above the key $7,400
Dayton traffic from the WHIO Traffic Center
Check this page for a full list of crashes, disabled vehicles, construction projects and other hazards affecting your commute.
Most Read articles – Panasonic exit, Intel Connectivity, RISC-V relocation
Time once again to see what are the five most popular articles on ElectronicsWeekly.com that were written in the last week, according to the objective truth of Google Analytics. See what your peers have been reading recently.
ECB Board nominee Panetta calls for an accommodative monetary policy
Inflation outlook seems to fall short of the European Central Bank's (ECB) Governing Council’s inflation aim of below but close to 2%, noted Fabio Pan
UNEP’s Emissions Gap Report warns: ‘Very hard to meet 1.5 degree goal without deeper, faster cuts’
This is from the recently published United Nations Gap Emissions Report 2019 that presents a grim assessment on the yawning gap between 'what countries have committed and what they actually require to do to limit greenhouse gas targets'.
Fiscal deficit exceeds budget estimates during April-October on lower tax receipts
Constrained by lower tax collection, the Centre’s fiscal deficit exceeded the budget estimate during first seven months (April-October) itself. Fiscal deficit is the difference between income and the
Finance Ministry: No change in RON97, RON95, diesel retail prices Nov 30-Dec 6
KUALA LUMPUR, Nov 29 — The Finance Ministry (MoF) today announced the retail price of RON97 petrol stayed at RM2.66 per litre while RON95 petrol and diesel will remain at RM2.08 and RM2.18 per litre respectively for the period November 30 to December 6. MoF in a statement issued today, announced...
Two friends killed in early morning crash near Lipis
KUANTAN: A road trip to Kuala Lumpur ended in tragedy for three friends when two of them were killed in an accident at KM86 of the Central Spine Road (CSR) near Lipis early this morning.
Wettest monsoon in 25 years could lift 2020 wheat output to a record high
India received monsoon rains during the June-September season that were 10 per cent above average
‘Don’t be fooled by these expensive looking slay queens!’-Tatelicious blasts Pokello after being spotted shopping at cheap Chinese flea market
Tatelicious blasts Pokello after being spotted shoppingcheap Chinese flea market. Social media influencer Tatelicious Karigambe-Sandberg
Economic Crisis: GDP Growth Falls to 4.5% in July to September, Lowest in More Than 6 Years
India was the world’s fastest-growing economy until last year, posting quarterly growth rates of as high of 9.4% in 2016.
Euro-Dollar Gets No Joy from Inflation Gains as German Politics and U.S. Tariff Threat Loom
The Euro vs the Dollar - Latest Exchange Rate News and Forecasts on the Euro Dollar Currency Pair Today
TNB's 'Ceria ke Sekolah' helps students
KUALA LUMPUR: IN smiles and chatting animatedly with other pupils around them, 750 students from six schools could barely contain their excitement to receive donations of school supplies from Tenaga Nasional Bhd (TNB) last week.
Rupee slips 12 paise to 71.74 against US dollar ahead of GDP data
On a weekly basis, the domestic unit has lost 3 paise.
Mobile boutique can zip from waterfront to Lower Lonsdale
Lower Lonsdale clothing boutique Double the Love now has twice the locations after the City of North Vancouver council voted unanimously for it.
Daily Mail owner buys i as UK regional market consolidates
DMGT to pay £50m for national daily that belongs to indebted JPI Media
India's fiscal deficit touches Rs 7 trillion, surpasses annual target in seven months
India’s fiscal deficit in the first seven months through October stood at Rs 7.2 trillion, or 102.4 per cent of the budgeted target for the current fiscal year, government data showed on Friday.
Uncle Murda Takes Counts His Blessings On "God I F*ck With You "
Uncle Murda is back. Uncle Murda's back with his new single, 'God I Fuck With You' in anticipation of his forthcoming project. The rapper takes more of a laidback approach on this as he reflects growing up, making it in the trap, struggling with poverty but still making it out alive in ruthless envi...
ECB Board nominee Schnabel: September stimulus can be justified by current inflation data
The European Central Bank's (ECB) September stimulus could be justified by current inflation data as well as the outlook for inflation over the medium
Sweden-based Online Payments Firm Klarna Reportedly Onboarded 60,000 Additional Merchants
Sweden-based Online payments company (and bank) Klarna reportedly became Europe’s highest valued Fintech in August 2019 with a market capitalization of around $5.5 billion. Klarna’s management stated on November 26 that it has onboarded 60,000 additional merchants worldwide in 2019, which represents an increase of about 140% from last year, when the company signed up 25,000 new customers. Klarna says the new merchants include major companies such as Abercrombie & Fitch, Expedia, H&M, River Island,
Get Hulu for $1.99 a month this Cyber Monday
Hulu circulates some of the biggest US network shows, and now has a massive saving for Cyber Monday for 12 months
EUR/JPY recedes from tops, meets resistance around 120.60
Further downside in the Japanese yen coupled with steady-to-bearish sentiment around the European currency leave EUR/JPY stuck within the daily range
Crop insurance
IF many of the country’s small farmers, particularly in far-flung communities, remain uninsured, blame it on inadequate resource base and outreach of the Philippine Crop Insurance Corp. (PCIC).
Barratt hails £250m-plus injection to Scots economy
Housebuilder Barratt Developments’ Scottish operations have delivered a £256 million boost to the economy over the past year, marking a double-digit hike on 2018.
Former Maguindanao town mayor acquitted of perjury charges
Former Datu Odin Sinsuat (DOS) Mayor Lester Seismundo Sinsuat of Maguindanao has been cleared by the Sandiganbayan Fifth Division of perjury charges due to the reportedly false declarations made in his Statement of Assets Liabilities and Net Worth (SALN) for the years 2011 and 2012.
GDP growth slips to 4.5% in September quarter, slowest expansion in 26 quarters
The slump was mainly on account of a weak manufacturing and a drop in exports.
Rocket Report: Cornwall locals protest spaceport, China’s toxic rocket problem
"Labour against the rocket in Branson's pocket."
Core sector output shrinks 5.8 per cent in October
The only sector that posted growth in October was fertilizers where production increased by 11.8 per cent year-on-year.
Skyworth group to invest $100 mn on white goods factory in Telangana
The company proposes to make latest generation Lithium-ion batteries for electric vehicles, air conditioners, refrigerators and washing machines in the second phase expansion, according to the Shenzen
Shafie leverages on Sabah’s geographic location to lure Japanese investors
KOTA KINABALU, Nov 29 — Sabah Chief Minister Datuk Seri Mohd Shafie Apdal began the first leg of his trade mission in Japan today addressing 200 investors and businessmen from 140 companies in Kobe, Japan by spelling out investment opportunities available in Sabah. He delivered the keynote...
Update: Intel Reportedly Taps Samsung To Produce Supply Constrained Desktop CPUs
A new well-timed report coming out of South Korea is claiming that Samsung will produce desktop processors for Intel.
We are in a virtual free-fall: Congress attacks BJP on GDP growth slip
But why is the BJP celebrating? Because their understanding of GDP (Godse Divisive Politics) suggests double digit growth levels. All in the perspective," Randeep Surjewala said
GDP growth plunges to 4.5%, lowest since 2012
Official says fundamentals are strong, numbers will pick up.
Vivo X30 emerges in lifestyle shots, Red/Rose and Pearl White/Aurora
Vivo gives one more step on its Vivo X30 teaser campaign. Today it revealed a couple of lifestyle shots revealing a new Red/Rose color variant.
Box Office: ‘Commando 3’ gets off to a poor start
This weekend’s release ‘Commando 3’ has got off to a poor start, with business of around 10% in morning trading in India. According to Box Office India, the film’s opening is said to be on par with ‘Marjaavaan’, which released earlier this month. However, the latter had good music and a popular star cast to […]
Judge rules Mahindra Roxor similar to Jeep, violates Fiat Chrysler's Jeep trade
FCA has further filed counterclaim before the Eastern District Court of Michigan for permanently ceasing the sales of Roxor in the states
Euro area flash inflation: Higher core, temporarily – Nordea
Analysts at Nordea Markets see a stronger than expected rise in the Eurozone inflation in November as a temporary surge until year-end and continue to
India's GDP Growth Drops To 4.5%, Lowest In 26 Quarters
The data comes two days after Nirmala Sitharam on Wednesday quelled fears about the Indian economy going into recession.
When is the Canadian GDP report and how could it affect USD/CAD?
Friday's economic docket highlights the release of monthly Canadian GDP growth figures for October, scheduled to be published at 13:30 GMT. Statistics
CSO figures reveal renters more likely than homeowners to be in 'consistent poverty'
Renters were found to be more likely to be notably suffering financially as a result of moving out.
Present Equity Valuations Suggest Negative Returns For Next Decade
In terms of Buffett's self-proclaimed favourite value indicator, as shown below, the S&P 500 is now priced at 144% of US GDP, far above the 2007 top, and near the short-lived highest-ever valuations i
New rules on gift voucher expiry dates come into effect from Monday
Businesses will be banned from putting an expiry date of less than five years on gift vouchers fr...
Chinese investments in Malaysia halve, US inflow soars, new govt data reveals
KUALA LUMPUR, Nov 29 — Chinese investments into Malaysia halved to US$1.7 billion in the first nine months of the year from a year ago, though US investments soared seven times to US$5.9 billion — reflecting a diversion of funds due to the Beijing-Washington trade clashes. Data provided by the...
Gotabaya Rajapaksa's visit has potential to boost bilateral trade, investments with Sri Lanka: Assocham
"We can significantly increase our bilateral trade from the present level of about USD 7 billion. Besides, mutual investment can also flourish in a number of areas, including ports, airports, highways, metro rails, telecommunication, petroleum products and hydel power," Assocham President B K Goenka said.
EM stocks fall on trade deal doubts; Lira firms on central bank comments
BENGALURU (Nov 29): Emerging markets stocks fell on Friday on worries that a new US law backing Hong Kong protesters could hinder progress in resolving the Sino-US trade war, while comments from the Turkish central bank breathed new life into the lira.MSCI's stock index for emerging markets fell nearly 1%, extending losses to the second straight session after US President Donald Trump signed into law on Wednesday legislation that supported the protesters, a move that China said it would
Swedish economy ups pace in Q3, supports Riksbank hike plans
STOCKHOLM — Sweden’s economy accelerated slightly in the third quarter from a tough start to the year, data showed on Friday, providing some support for the central bank’s plan to increase the benchmark rate at its meeting in December.
Eurozone unemployment's falls to lowest rate since July 2008
LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.
Pfizer, Flynn face reinstatement of £90m CMA fine
The UK’s competition regulator is pushing to reinstate a £90m fine for Pfizer and Flynn Pharma – quashed last year – over price hikes for an epilepsy drug.
QL Resources 2Q net profit up 15%
KUALA LUMPUR (Nov 29): Poultry farmer QL Resources Bhd saw its net profit rise 15.1% to RM69.68 million in its second financial quarter ended Sept 30, 2019 (2QFY20) from RM60.52 million a year ago, mainly due to higher sales from its marine product manufacturing (MPM) segment.This resulted in a higher earnings per share of 4.29 sen for 2QFY20 compared with 3.73 sen for 2QFY19.Revenue for the quarter rose 16.6% to RM1.07 billion from RM920.26 million a year ago.In a
Rupee slips 11 paise to 71.73 against USD ahead of GDP
India's economy grew at 5 per cent in the first quarter of 2019-20 -- the slowest pace in over six years.
Bonanza Creek Energy: Strong Operational Performance Adds To Its Value
Bonanza Creek has delivered at the high end of production expectations while spending towards the lower end of its original capex budget.Production growth may be lower in 2020 as it attempts to minimi
Rs 2,000 notes not much in use, can be taken out of circulation: S C Garg
Rs 2000 notes were circulated by RBI in November 2016 after demonetisation of Rs 500 and Rs 1,000 notes
Vanguard International Dividend Appreciation ETF: Exposure To High-Quality Foreign Stocks
VIGI screens for non-U.S. stocks with at least a seven-year consecutive history of increasing the dividend amount.Fund has outperformed some other widely traded foreign stock ETFs in recent years.VIGI
Business Cycle Data And Investor Sentiment Supportive Of Higher Equity Prices
One factor impacting investor sentiment at the moment may be the fact the equity market has generated strong returns to date in 2019.With the strong equity market returns in 2019, investors seem to be
HSBC and Santander customers set for refund
The competition watchdog says the banks failed to send text alerts to customers about to go into the red.
Pakistan to Debut Chinese Yuan-Denominated Panda Bonds Worth $1 Billion
New Delhi (Sputnik): China’s Panda Bonds are onshore products that help international borrowers to explore domestic yuan investors. These yuan-dominated notes are sold by non-Chinese issuers.
Belated bill to help solve indigenous cold cases gains steam
FARGO, N.D. — A bill originally meant to help law enforcement investigate cold cases of murdered and missing indigenous women that has floundered in Congress for two years may have the missing ingredients to become law — money and muscle. The money comes from an appropriations subcommittee chaired by Alaska Republican Sen. Lisa Murkowski, who …
Brace for a warmer winter in India this year, says IMD
M Rajeevan, secretary, Ministry of Earth Science (MoES) had said last week that 2019 is set to become the second-most warmest recorded calendar year ever.
Watch: Finance Minister Nirmala Sitharaman’s colleagues napped in Parliament during her speech
Sitharaman was speaking on the economy, on which, in the space of three months, she has changed her stance from ‘all is well’ to ‘there’s a slowdown’.
E-tailers jump bandwagon to boost sales with Black Friday offers
From Amazon to H&M, the Black Friday offers flooded people's emails and message boxes on smartphones in the country
BREAKING News: Bank of Ghana introduces new Ghc100, Ghc200 cedi notes
The Bank of Ghana has announced the introduction of new bank notes to join the list of Cedi denominations in circulation, MyNewsGh.com has confirmed. This was confirmed at a presser currently being addressed by the Governor of the Central bank, Dr Ernest Addison. Further details to be made available soon.
China: Crypto Exchange IDAX Locks up Cold Wallet as CEO ‘Goes Missing’
IDAX reported liquidity problems prior to Lei Guorong absconding, while it remains uncertain what access he has to the platform’s wallets.
'Don't mix it with middle-lower ones': Jokowi says Labuan Bajo is 'super premium'
Jokowi has ordered the Tourism Ministry to apply a visitor quota to Labuan Bajo, a tourist destination that is also the gate to Komodo Island.
Opposition protest in Assam Assembly as onion prices reach Rs 100 per kg
They asserted that they will continue to protest in the same manner till the state government takes measures to control the price of onions, which is selling at Rs 100 and more per kg in the state
Top headlines: Q2 GDP growth slips to 4.5%, CEA defends tax cut & more
From Mukesh Ambani becoming ninth richest on Forbes' billionaires list to PM Modi announcing $50 million assistance to Sri Lanka, Business Standard brings you the top news of the day
Bengaluru flat case: Enforcement Directorate attaches land worth ₹7-crore in Tamil Nadu
Agricultural land worth about ₹7 crore in Tamil Nadu’s Nilgiris district was attached by the Enforcement Directorate in connection with a money-laundering probe linked to an alleged flat buyer’s cheat
Lithuania crowns its first tech unicorn! Vinted, second-hand fashion marketplace, pockets €128 million and secures €1 billion valuation
Vinted, a social marketplace for pre-loved clothing, has taken the spot as Lithuania’s first tech unicorn, after raising a stellar €128 million. The funding round was led by new investor Lightspeed Venture Partners, with participation from existing backers including Sprints Capital, Insight Venture Partners, Accel and Burda Principal Investments. Funds will be used to boost product development and rocket rapid growth across Europe.
FIFA’s Infantino eyes African league, billion dollar spend on stadia
FIFA president Gianni Infantino said on Thursday he would like to see an African league created and investment of more than $1 billion (900 million euros) on stadia on the continent.
Bank of Ghana releases specimen of the new GHC100, GHC200 and GHC2 coin
The Central Bank of Ghana has released specimen of new GHC100, GHC200 Cedi notes and GHC2 coin that is expected to hit the market soon. Governor of the Central Bank, Dr. Ernest Addison at a press conference in Accra on Friday, November 29, 2019, said the new cedi notes will help shore up the value […]
Oil mixed amid slow holiday trade before Opec+ meeting
West Texas Intermediate (WTI) futures were up 4 cents, or 0.1 per cent, at $58.15 a barrel.
Eurozone unemployment's falls to lowest rate since July 2008
LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.
Google Messages fight against spam with verified SMS - Gizchina.com
Google Messages fight against spam with verified SMS, the new feature is available on the 5.3.075 version of the app at the beta channel
Ringgit ends slightly lower against US dollar
KUALA LUMPUR, Nov 29 — The ringgit ended slightly lower against the US dollar today in line the decline in global crude oil prices which affected the local note’s valuation, said a dealer. At 6pm, the ringgit settled at 4.1750/1780 against the greenback compared with yesterday’s close of...
Don’t buy the hype about a looming bacon shortage
Some reports have indicated that there could be a bacon shortage in 2020, but one economist isn't convinced you need to freak out about your breakfast fave.
The Tesla Cybertruck Is Right At Home In GoldenEye 007 On The Nintendo 64
Elon Musk’s Tesla Cybertruck is clearly inspired by sci-fi retro-futuresque designs usually featured in 80s pop culture - but to gamers, it nostalgically reminded them of low polygonal vehicle models found in video games from
Eurozone inflation firms but still below central bank goal
BRUSSELS — Official figures show that inflation across the 19-country eurozone rose in November but remains way below the level that the European Central Bank and its new president, Christine Lagarde, would like it to be.
Euro-Area Inflation Quickens, But Remains Far Below ECB's Goal
(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast.
Rajapaksa's visit can boost trade, investments with Sri Lanka: Assocham
Rajapaksa arrived here on Thursday on a three-day visit, his first overseas tour after taking over the reins of Sri Lanka 10 days back, a reflection of importance he attaches to ties with India
Stocks slip on trade worries as record high stays elusive
LONDON (Nov 29): World shares slipped on Friday as a leading index strained for a record high, with nerves gnawing away from Asia to Europe over how, or when, the US and China can agree a truce in their damaging trade war.The MSCI All Country world index, which tracks shares in 49 countries, fell 0.2% to 548.48 points, short of a record 550.63 scaled in January 2018 before the tensions over trade between Washington and Beijing broke out.European shares
Liquidity pressures faced by NBFCs, HFCs, to continue: Fitch Ratings
Increasing competition to offset lower growth may weigh on profitability and test risk appetite
INS: 2.1pct drop in the number of building authorizations for residential buildings, in Jan-Oct
The number of building authorizations for residential buildings decreased by 2.1 per cent, in the first ten months of the year, compared with...
Overnights: Star Plus stays in lead on Thursday in UK
Star Plus stayed top in UK on Thursday with 'YHM'.
Brazil’s president criticizes DiCaprio over Amazon fires
RIO DE JANEIRO — Brazilian President Jair Bolsonaro on Friday said actor Leonardo DiCaprio had funded non-profit groups that he claimed are partly responsible for widespread fires in the Amazon . . .
USD/CNH: scope for extra consolidation near-term – UOB
FX Strategists at UOB Group believe the pair is posed for the continuation of the consolidative mood in the next weeks. Key Quotes 24-hour view: “USD
Boustead posts loss in 3Q on impairments in heavy industries and property divisions
KUALA LUMPUR (Nov 29): Diversified group Boustead Holdings Bhd recorded a net loss of RM155 million for the third quarter ended Sept 30, 2019, versus a net profit of RM7.3 million a year ago.The loss, the group said in a bourse filing, was due to impairments in the heavy industries and property divisions, totalling RM161.3 million, as well as weaker results in other divisions.The group reported a loss per share of 7.65 sen against earnings per share of 0.36
Bokio, the Swedish startup simplifying accountancy with AI, raises €4 million round led by Creandum
Bokio, the Swedish based startup which utilises artificial intelligence to simplify bookkeeping for small businesses, sole traders, and freelancers, has raised €4 million.
Bungie is revealing the next season of Destiny 2 soon, talks known Google Stadia errors
It's a pretty low key week for Destiny 2 news given that it's a holiday period, but Bungie is coming out of the woodwork to let us know that there is more actual news is coming soon. As in, next week soon! News about news is such a mas...
AfDB approves $210m to boost electricity transmission in Nigeria
The African Development Bank (AfDB) has approved $210 million to boost electricity transmission in Nigeria. In a statement on Thursday, Ndidi Mbah, general manager of public affairs at the Transmission
Why 8th NASS rejected Buhari’s $30 billion loan request – Shehu Sani
Former chairman, Senate committee on local and foreign debt in the senate, Senator Shehu Sani has explained why the request by Nigeria President Muhammadu Buhari to borrow $30 billion was turned down by the 8th Senate.
Charity pantomime raises smiles and cash for hospice
The curtain rose on Mary Stevens Hospice's annual charity pantomime which will see hundreds raised for the charity.
Eurozone inflation firms but still below central bank goal
Official figures show that inflation across the 19-country eurozone rose in November but remains way below the level that the European Central Bank and its new president, Christine Lagarde, would like it to be.
HSBC and Santander brought to book over text alert failure
HSBC and Santander are to refund millions of pounds to customer who incurred overdraft fees after the banks broke rules on sending text alerts to customers to warn them they were about to go into the red.
Eversendai 3Q net profit down 89%, hit by high expenses
KUALA LUMPUR (Nov 29): Higher operating and administrative expenses pulled down Eversendai Corp Bhd's net profit for the third quarter ended Sept 30, 2019 (3QFY19) by 88.8% to RM1.47 million from RM13.14 million a year ago.Eversendai said the significant increase in the operating and administrative expenses was partly due to higher depreciation expenses and other fixed costs expensed to income statement by its mechanical fabrication, installation and modularisation segment. This was due to the under-utilisation of the Ras Al
Menang Corp posts loss in 1Q due to land clearing and earthworks expenses, corporate exercises
KUALA LUMPUR (Nov 29): Menang Corp (M) Bhd posted a net loss of RM503,000 in the first quarter ended Sept 30, 2019, compared with a net profit of RM967,000 in the corresponding quarter last year.In a bourse filing, the group attributed the loss to expenses stemming from land clearing, earthworks and provisions for the costs of proposed corporate exercises.It reported a loss per share of 0.1 sen compared with earnings per share of 0.2 sen last year.Quarterly revenue declined
USD/CAD edges back closer to 1.3300 handle, focus shifts to Canadian GDP
The USD/CAD pair edged higher during the early European session on Friday, with bulls making a fresh attempt to reclaim and build on the momentum beyo
Electoral bonds cleaned political donation system; ain't a scam: SC Garg
In case a political party receives a political donation in cash primarily, then that might actually indicate a scam, he stated
Divorce rates fall to lowest since 1971
But the number of same sex couples splitting up has risen by more than a quarter, figures show.
In a first, RBI sends DHFL to NCLT for debt resolution
India Business News: The Reserve Bank of India (RBI) on Friday sent the troubled mortgage lender Dewan Housing Finance (DHFL) for bankruptcy proceedings, making it the fir
Govt accounts show strong debt position, impact of tax timing changes
Govt accounts show strong debt position, impact of tax timing changes
Will take ties to new level, says Gotabaya Rajapaksa
In a dialogue with newly elected Sri Lankan president Gotabaya Rajapaksa on his three-day tour to India, Prime Minister Narendra Modi announced a line of credit of USD 400 million for development projects in Sri Lanka besides granting a separate fund of USD 50 million to help the country deal with challenges of terrorism.
SCHOTT Glass to double capacity at Jambusar plant in Gujarat
Commits to infuse Euro 26 million by next year
French operators ramp up FTTP roll-out with 1.2 mln premises passed in Q3
French FTTP networks covered another 1.2 million homes and businesses in the three months to September, a new high after the record 1.1 million premises passed in the previous quarter. Overall, 16.7 million premises had access to FTTP services, up 34 percent year-on-year, said regulator Arcep in its latest fixed broadband report.
Table tennis: Sathiyan reaches main draw of ITTF World Cup after wins over higher-ranked paddlers
Sathiyan, the country’s top-ranked paddler, is the only Indian in action at the prestigious season-ending tournament.
Chinese investments in Malaysia halve, U.S inflow soars
Chinese investments into Malaysia halved to $1.7 billion in the first nine months of the year from a year ago, though U.S. investments soared seven times to $5.9 billion - reflecting a diversion of funds due to the Beijing-Washington trade clashes. Data provided by the Malaysian Investment Development
A former influencer said she ended up $10,000 in debt from ‘constant online shopping, endless açai bowls, and brunches’
The dream influencer lifestyle isn’t always what it seems, according to Lissette Calveiro, who wrote a blog for The Metro’s Debt Diaries series. Calveiro has 37,000 Instagram followers, but ended up in $10,000 worth of debt from buying decadent brunches, outfits, and holidays.
Stream Smoke DZA & Curren$y’s New Project “Prestige Worldwide”
10 new vibes featuring Dave East & Styles P. After teaming up with Benny The Butcher last month for their Statue of Limitation EP, Smoke DZA is back today with his second collaborative project of 2019, this time linking up with Curren$y for their highly anticipated project Prestige Worldwide, which ...
Divorce rates fall to lowest since 1971
But the number of same sex couples splitting up has risen by more than a quarter, figures show.
Continental Reinsurance Plc suspended from trading shares on NSE
Trading in the shares of Continental Reinsurance Plc has been suspended effective Thursday, 28 November 2019.
Kid Ink Drops Off A Smooth New Banger "Slide Up"
Kid Ink slides through for a triumphant return. It's been a hell of a day for new music, with releases from Griselda, The Game, Fabolous, and many more. And that's only the tip of the iceberg, with plenty of new singles sliding through to pad the stats. One such drop comes courtesy of fan-favorite K...
Dark times: Eskom Has A R50 Billion Shortfall
JOHANNESBURG – Eskom on Thursday said it needed to come up with a way to address the R50 billion shortfall it had accumulated this past financial year. The power utility projected that it would lose R20 billion by the end of the year. Its operating costs are over R30 billion. Eskom’s CFO Calib Cassim said […]
Jobless man gets six months’ jail for impersonating policeman
RAUB, Nov 29 — The Magistrate’s Court today sentenced to six months jail a jobless man for impersonating a civil servant. Magistrate Shahrul Ehsan Hasim imposed the sentence on Mohammad Ali Zainal, 33, after he pleaded guilty to the offence and ordered him to be jailed from the date of arrest...
Malaysia beats Thailand in video streaming experience according to Opensignal’s report
Opensignal has just posted its latest “State of Mobile Video Experience” report and it appears that telcos in Malaysia have shown some improvement when it comes to the mobile video experience. The overall mobile video experience score for Malaysia has increased from 47.1 points in 2018 to 54.4 points in 2019.
Ola restructuring biz over IPO to cost 250 jobs: Report
The spokesperson added that the restructuring is aimed at becoming "more nimble and have a sharper focus on growth and profitability".
Mayar Fund's Q3 2019 Letter To Partners
We invest globally in great businesses that have durable economic moats, favorable customer economics, consistent financial results, high and stable returns on capital, strong cash flow generation, an
Gold rallies Rs 143 to Rs 38,695 on rupee depreciation, positive trend
On Thursday, gold prices closed at Rs 38,552 per 10 gram
The 7 Best Lifestyle Items from HBX This Black Friday & Cyber Monday
Featuring Off-White™, Heron Preston, mastermind WORLD and more.
Eurozone Preliminary CPI arrives at +1.0% YoY in Nov vs. +0.9% expected - EUR/USD unfazed
More to come ....
Share Market highlights: Sensex ends 336 points down, Nifty near 12,050; Yes Bank, HUL top losers
Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline indices Sensex and Nifty receded from record high levels on Friday, tracking weak GDP data outlook.
NSE commodities segment gets CBDT recognition, traders to get tax benefit
The approval will benefit traders in relation to trading in commodity derivatives segment of the NSE as the derivative income will be treated as business income
Do Activist Investors Create Value?
The exchange-traded fund industry is expanding its product range to all investment strategies and grabbing more and more market share from the mutual fund sector.Activist investing isn't a new phenome
Health insurance: Hygeia HMO announces 20% discount
HMO, has will today began its first-ever Black Friday sales in health services even as it announced 20 per cent discounts on its health plans for shoppers
Check out Blipshift's Black Flag Friday sale
Blipshift's Black Friday sale features new products like wall clocks and a few new t-shirt designs for automotive enthusiasts.
Natwest, RBS Facing Black Friday IT Wobbles as Services Go Down
Royal Bank of Scotland (RBS) and Natwest are both facing IT issues this morning with thousands of customers unable to access accounts. With RBS down...
GDP growth slows down to 4.5% in Q2, hits more than 6-year low
India's Q2 GDP Growth 2019: DEA Secretary Atanu Chakraborty and CEA KV Subramnaian said that the fundamentals of India economy remain strong and the GDP growth rate is expected to bounce back in the third quarter of this fiscal
Chinese investments in Malaysia halve, US inflow soars
KUALA LUMPUR (Nov 29): Chinese investments into Malaysia halved to US$1.7 billion in the first nine months of the year from a year ago, though US investments soared seven times to US$5.9 billion — reflecting a diversion of funds due to the Beijing-Washington trade clashes.Data provided by the Malaysian Investment Development Authority (MIDA) to Reuters on Friday showed that China, traditionally the Southeast Asian country's biggest investor, has now slipped to third position behind the United States and Japan.Foreign
Reach share price jumps as Mirror owner pulls out of JPI talks
Shares in the publisher jumped higher in early trading after it also reported a 4.4% decline in revenue for the five months to November 24.
You Can Now Purchase Some Of The Most Famous Original Images Of Alleged UFO Sightings
One of the most notorious groupings of alleged UFO images can be yours for the cool price tag of just a few thousand dollars. The images were captured by s
Dagga laws in SA: some oils are more legal than others
Clicklaw explains why you may now trade in CBD oil and which limits apply.
Posta looks to digital boxes to overturn bad fortunes; hopes to increase revenue by Sh1.5bn
NAIROBI, Kenya, Nov 29- The Postal Corporation of Kenya is now targeting to increase its revenues by Sh1.5 billion through digital boxes after it witnessed a fall in letters during the last financial year. According to
The Death of FX Volatility
Volatility in the Euro-Dollar exchange rate reached an all-time low this week, and dying volatility is being recorded in most other major currency pairs as we enter the final month of the year
Tata Altroz pre-bookings to open from December 4, 2019
Tata Altroz prices expected to be announced in January 2020. Altroz booking amount set at Rs 21,000. Click for more details about the Maruti Baleno rival.
Sensex falls 336 points to close at 40,794 ahead of GDP data; Nifty below 12,050
India Business News: Equity indices on Friday ended in red with the benchmark BSE sensex plunging over 300 points ahead of quarterly GDP growth data release. The 30-share
Government should nationalize Kenya Airways quickly -CEO
NAIROBI — The government must move quickly to nationalize Kenya Airways as regional competitors seeking to carve out market share pour cash into their national carriers, the airline’s chief executive said.
Money-Saving Secrets From Ski Bums
To get nitty-gritty, budget-saving tips, we turned to ski-town locals and winter fanatics for advice.
Hengyuan’s 3Q net loss narrows on turnaround plan
KUALA LUMPUR (Nov 29): Hengyuan Refining Company Bhd’s net loss narrowed in the third quarter ended Sept 30, 2019 to RM11.43 million from RM122.49 million a year earlier, due to higher revenue.Loss per share fell to to 3.81 sen from 40.83 sen, the group said in a filing today.Hengyuan said revenue for the quarter jumped 56% to RM3.23 billion from RM2.07 billion a year ago, as the refinery recorded sales volume of 10.7 million barrels.For the nine-month period, the
Sweden's 'Man-Free' Festival Poised for Comeback Despite Being Ruled Discriminatory
The Statement festival is being touted as the world's first major music festival for women, non-binary individuals, and transgender people.
Samsung Note 10 sales surpass predecessor
The Galaxy Note 10 proves popular in SA, and Samsung continues to empower youth through its multimillion-rand bursary.
Euro zone inflation rises quicker than expected in November
BRUSSELS/FRANKFURT (Reuters) - Euro zone inflation accelerated faster than expected in November on a rise in food and services prices, likely comforting European Central Bank policymakers even if some factors pushing up prices may be only temporary.
Active 2019 Atlantic hurricane season comes to an end Saturday
NOAA says the 2019 Atlantic hurricane season, which ends on November 30, was marked by tropical activity that churned busily from mid-August through October.
MP Court Issues A Summons Against Ameesha Patel In A Cheating Case
In the last month, we came across the shocking news as the case for cheating was registered against Bollywood actress Ameesha Patel. As per the complaint, Ameesha Patel issued a cheque to film produce
New World Fund sells Adani Ports shares worth Rs 401 crore
Bulk deal data on the BSE showed that 1,06,87,163 scrips were sold at an average price of Rs 375.34 apiece.
Top U.S. retailers absorb tariff pressure ahead of holiday shopping season
WASHINGTON (Reuters) - Prices for electronics sold online at top U.S. retailers were up slightly heading into the critical U.S. shopping season, but sites including Walmart Inc (WMT.N) and Amazon.com Inc (AMZN.O) have held prices steady for many other popular holiday products despite the pressure from tariffs on Chinese imports.
Daimler to cut thousands more jobs in bid to reduce costs
Car manufacturer struggling with cost of electic vehicles
US merger rush stirs debate over equities bull market
Some see signs of rally’s impending end in rash of multibillion dollar tie-ups
CBOT Trends - Corn, wheat seen steady to higher; soybeans mixed
CHICAGO, Nov 29 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday.The markets were closed on Thursday for the Thanksgiving holiday.WHEAT - Steady to up 2 cents per bushel* There were no deliveries against the CBOT's December wheat contract on first notice day on Friday. Traders expected deliveries of zero to 400 contracts, with most anticipating none.
StudentFinance.com, founded by the team behind Uniplaces, raises €1.15 million to reshape education financing using AI technology
StudentFinance, a Fintech company created by the founders of Uniplaces, has today announced it has closed a €1.15 million seed round of funding led by Seedcamp (investors in Revolut and TransferWise – two of the largest fintechs in Europe) and Mustard Seed Maze.
GDP at 4.5%: 'Worrying,' says Manmohan Singh; 'fundamentals strong,' counters govt
India Business News: India's GDP growth hit an over six-year low of 4.5 per cent in July-September 2019, triggering a war of words between the government and the oppositio
Poppy campaign raises $125,000 in South Surrey, White Rock
Funds benefit veterans and their families, poppy co-chair notes
BJP Staring At Tough Challenge In Jharkhand, May Need Support Of Angry Allies To Form Government
Why BJP is facing a tough challenge in Jharkhand assembly polls.
Experts on GDP numbers: 'Worst is not past us'
Former Chief Statistician of India, Pronab Sen said the manufacturing showing negative growth is certainly worrying. "I don't think the growth has bottomed out, the growth figures may continue to decline the next quarter too, however, post fourth quarter may show some recovery owing to the base effect," Sen said.
Children of divorce are sticking at marriage, as ONS reveals divorce rate fallen to lowest for almost 50 years
Children of divorce are sticking at marriage, experts say, as official figures reveal that the divorce rate has fallen to the lowest for almost 50 years.
The Hidden Trucking Industry Subsidy
This US based article shows we ‘public’ give an exorbitant unfair amount of subsidy to the trucking industry.
US-China trade war news: Clash around law supporting Hong Kong
While harsh statements from Chinese and Hong Kong diplomats to the US should have potentially dragged the Asian shares to south, losses are limited ah
Anonymous official’s book replaces Trump Jr’s ‘fake No 1’ on bestseller list
A Warning knocks Triggered from atop the New York Times nonfiction list amid reports Republicans attempted to boost sales
Thousands of Aussies ditch big energy companies for cheaper, local alternatives
Thousands saving up to $430 on energy costs – compare today! Affordable energy continues to be a top concern for many seniors and cost-wary Aussie
4.5% GDP growth rate unacceptable, worrisome: Former PM Manmohan Singh
He said the "toxic combination of deep distrust, pervasive fear and a sense of hopelessness in our society" is stifling economic activity and growth
Fiscal deficit for April-Oct touches Rs 7.2 trillion, exceeds FY20 target
This was 102.4% of the full-year target, compared with 103.9% for the same period last year
Russia's Novak: Would rather take decision on output extension close to April
Russian Energy Minister Alexander Novak said that he favoured OPEC and its non-OPEC allies to make a decision on whether to extend the crude oil produ
Indian Rupee Billed as "Overvalued" and Set for Declines after GDP Disappointment
British Pound vs Indian Rupee - Latest Exchange Rate News and Forecasts for Converting Pounds to Euros Today
Blackpool weekend weather forecast: This is when temperatures will plummet
The weather in Blackpool this weekend is set to be bright but cold.
4,500 jobs in UK at risk as Germany's E.ON breaks up struggling Npower
The revamp effectively removes one of the market's so-called 'Big Six' players, which have lost customers to nimbler recent entrants and been hit by a regulatory price cap
China's financial warning signs flashing nearly everywhere as policymakers scramble
From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the
Government of Ghana talks about Ghc 100 and Ghc 200 currency notes
The Governor of the Central Bank of Ghana, Dr. Ernest Addison has explained the rationale behind the government’s policy decision to introduc
Sensex tumbles 336 pointts ahead of GDP data
The 30-share Sensex pared some losses, ending 336.36 points or 0.82 per cent lower at 40,793.81.
OPEC oil output falls 110,000 bpd in November to 29.57M bpd – Reuters
Crude oil output by the Organization of the Petroleum Exporting Countries fell 110,000 barrels per day (bpd) in November to 29.57 million bpd, a Reute
Brands calls for Everton unity and reveals Richarlison extension is close
Brazil striker Richarlison is close to agreeing a new deal at Everton, according to board member Marcel Brands.
NTPC to list commercial paper on BSE for an issue size of Rs 1,500 cr
After the process, the effective date of listing of such papers at the exchange will be December 2, the BSE said in a statement
Overstock Shareholders Compete to Lead Class Against tZERO’s Parent
E-commerce giant Overstock faces a difficult period as several former and current shareholders fight for the status of lead plaintiff in a class action
Gold eases over doubts on US-China trade war, faces worst month in 3-years
Investors were uncertain about the fate of a 'phase-one' trade deal between the two economies
KSE-100 index crosses 39,000 points to 9-month high
KSE-100 index crosses 39,000 points to 9-month high.
Zurich Airport Wins Multi-Billion Contract to Build Delhi's Third Airport - Official
New Delhi (Sputnik): This is the first major success for the Switzerland-based company Zurich Airport International, as it has received setbacks five times in this year. Adani enterprises won bids to operate five major international airports in all those cases.
4.5 per cent GDP growth rate unacceptable, worrisome: Manmohan Singh
Delivering his valedictory address at a national conclave on economy, former prime minister Manmohan Singh said mutual trust is the bedrock of societal transactions fostering economic growth, but "our social fabric of trust, confidence is now torn and ruptured".
Investors Eyeing Tech and (Astro)Turf Too
Private equity and tech titans are shelling out big bucks to grab ownership stakes in sports franchises to make even bigger bucks on the global playing field.
Payback Time: The myth that keeps Canadians on a financial treadmill
In a new weekly retirement column, personal finance columnist Dale Jackson will cut through the noise and deal with the issues that forge a stable retirement.
India’s GDP growth slips to 4.5%, slowest in more than six years
The GDP growth rate has now slowed for the sixth consecutive quarter with the previous low recorded at 4.3 per cent in March 2013.
AUD/USD slumps to fresh multi-week highs near 0.6760 on broad USD strength
After rebounding to 0.6780 area during the European trading hours, the AUD/USD pair lost its traction in the last hour pressured by the broad-based US
Sebi advances margins determination period for commodity derivatives
Effective April 1, 2020, cut off time shall be kept at 5 pm for the purpose of determining minimum threshold of margins to be collected by members from their clients
Odisha's investments in PSUs yield poor returns, says CAG report
Out of 147 entities where the government poured funds, only 12 had paid dividend- two rural banks, nine government companies and one statutory corporation
Buhari Administration Committed to Growth of MSMEs — Adebayo
Minister for Industry, Trade and Investment, Otunba Niyi Adebayo, has declared that “Nigeria is open for business!” Vanguard News
Steinmetz fails to overturn $1.25bn arbitration award
London High Court tells mining group BSGR ‘no apparent bias or procedural irregularity’
GDP growth tanks to 4.5% in Q2; core industries' output shrinks 5.8% in Oct
Fiscal deficit in the first seven months of FY20 already at 102% of government's target for full financial year
Canada’s economy slowed in third quarter
OTTAWA, Nov 29 — Canada’s economy put on the brakes in the third quarter sending growth falling to 1.3 per cent, or almost one-third of the previous three months’ GDP, the government statistical agency said today. Statistics Canada blamed a drop in exports for the slowdown, noting that it was...
Met Office issue cold weather alert warning for this weekend as temperatures plunge
The Met Office say there's an 80 per cent chance of cold weather affecting much of England until Monday
Opec November oil output slips before Aramco IPO, policy meeting
LONDON, Nov 29 — Opec oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi Arabia has kept a lid on supply to support the market before the initial public offering (IPO) of state-owned Saudi Aramco, a Reuters survey found. On average, the 14-member...
FPA Crescent Fund Q3 2019 Commentary
The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors.FP
US Dollar Index clinches 6-week highs beyond 98.50
DXY moves beyond the 98.50 level. The index records fresh multi-week highs. US 10-year yields climb to highs near 1.78%. The greenback, in terms of t
US redwood sequoia company wins approval
A US company wanting to grow giant redwood trees here to sell the lumber back home has won the right to buy another 4000ha in New Zealand. Tough restrictions on cutting down Redwood, or Sequoia, in the US means people cannot get enough of it to use as a building material. The wood is especially popular for things like decking and outdoor furniture, as it is admired as both attractive and robust. To meet the need, the Soper Wheeler Company of California set up the New Zealand Redwood Company in Taupō in 2001. New Zealand's moist climate allows higher growth rates for Sequoia than in California.
New World Fund sells over 10 mn shares in Adani Ports worth Rs 401 cr
As per September 2019 shareholding data, New World Fund Inc was a public shareholder of Adani Ports and held 2.07 per cent stake
Infighting in Telangana’s Singareni Collieries union out in the open
TGBKS regional committee attacked at a recent programme
Patanjali secures Rs 3,200 cr loan from SBI, other banks to buy Ruchi Soya
Patanjali said it has got loans of Rs 1,200 crore from SBI, Rs 700 crore from PNB, Rs 600 crore from UBI, Rs 400 crore from Syndicate Bank and Rs 300 crore from Allahabad Bank
Get 75% off lifetime cloud storage with pCloud’s Cyber Monday deal
No subscription: just one up-front payment, then you have permanent cloud storage with this amazing deal from pCloud this Cyber Monday.
Did Jennifer Garner And John Miller Move In Together?
An article last year claimed Jennifer Garner and John Miller were moving in together. A year later, the couple are still not cohabitating.
Sugar output in 2019-20 may fall by 18% to 2.73 mn tonnes: Govt in RS
Sugar marketing year runs from October to September
South African Airways dropped by leading travel insurers
JOHANNESBURG, Nov 29 — Three travel insurance companies in South Africa have stopped covering tickets issued by South African Airways against insolvency, further clouding the outlook for the struggling state-run airline. The decision by Santam’s Travel Insurance Consultants (TIC) to drop South...
The U.S. Navy Has a Crazy Plan To Build Monster (But Useless) Battleships
Their construction was a mistake worth avoiding.
Economic Slowdown: 4.5% Growth “Clearly Unacceptable", "Worrisome", Says Ex-PM Manmohan Singh
Indian economy needs to grow at 8-9% per year to fulfil people’s aspirations. Root cause for slowdown is Modi government's distrust of businessmen, says Singh.
The Looming Calendar Anomaly In Junk Bonds
A seasonal supply/demand imbalance in high-yield bond markets has traditionally led to strong performance in December and January. This has led to a historically bankable strategy to capture alpha fro
Wall Street starts holiday-shortened day in red
Wall Street's main indexes started the day in the negative territory on Friday as investors returned from the Thanksgiving Day holiday break. As of wr
Hallmarking of gold jewellery mandatory across nation from January 2020
Jewellers to be given a year's time to clear stocks that aren't hallmarked and get themselves registered
Mercedes-Benz owner to slash 10,000 jobs in latest car industry cuts
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with
Lawrence Kenwright tells of regret over Signature Living investor complaints
Hotel boss apologises for delays and poor communications
Number of displaced by floods almost doubles in Terengganu
KUALA TERENGGANU, Nov 29 — The flood situation in Terengganu worsened tonight with the number of victims increased from 875 from 258 families compared to 445 from 142 families this afternoon. The increase in the number of flood victims is after two more districts were hit by floods — Hulu...
Forex kitty continues to move up, closes in $449 billion mark
In the previous week, the reserves had increased by USD 441 million to reach USD 448.249 billion
Urge to curb climate change spreads like 'Wildfire' across the Globe
Climate-crisis is finally getting the traction that it needed. People across the world are organizing sit-ins in different parts, calling upon those in power to act right now. Teen activist, Greta Thunberg took to twitter urging everyone to join the climate-crisis protests.
Microsoft: HoloLens To Change The World - And Make Tons Of Money
MSFT is beginning to sell HoloLens 2, replacing the 2016 HoloLens with a much-improved product. The $3500 price tag (plus potential extra related services) means that this is a business and medical pr
Eight minutes added to Subuh prayer times in Federal Territories
KUALA LUMPUR, Nov 29 — There will be an addition of eight minutes to Subuh (dawn) prayer times for the Federal Territories of Kuala Lumpur, Putrajaya and Labuan beginning tomorrow. Federal Territories Mufti Datuk Seri Zulkifli Mohamad Al-Bakri said the matter was approved at the 116th National...
Next week’s key events in developed markets – ING
Analysts at ING offered a brief overview of the upcoming important market-moving economic releases/events, including a batch of sentiment indicators i
Economy hit by climate of fear, says Manmohan Singh
Former Prime Minister warns of disastrous effects of a sharp slowdown in growth .
Hike in Onion Price? Thieves in West Bengal steal onions instead of Cash
With the hike in prices of Onion up to Rs 100 per kilo in West Bengal, onions have seemingly become more alluring for thieves than cash
So It Looks Like New Yorkers Blamed Cuomo, Not AOC, for Amazon Loss
Gov. Andrew Cuomo failed to secure a new Amazon headquarters in New York last year. It was a massive hit, as the company had pledged to bring 25,000 jobs to the state, in exchange for $3 billion in state and local tax breaks. Some of the blame was lobbed against progressive freshman U.S. Rep. Alexandria Ocasio-Cortez, who had been urging her supporters to fight against the company's move. She celebrated in the halls of Congress when she heard the news Amazon had backed out of its plans for Queens.
Canada Q3 GDP growth slower, but details better – RBC
Nathan Janzen – Senior Economist at Royal Bank of Canada (RBC) – offered his take on Friday's release of the Canadian GDP report, which showed a shar
NZ First ‘Agrees to Disagree’ Over Tobacco Excise Increase
New Zealand First ‘Agrees to Disagree’ Over Tobacco Excise Increase
Tesla Cybertruck Prototype Spotted Driving Through Hawthorne, California
Unlike other Tesla reveals, the debut of the Cybertruck was actually fun because Elon Musk didn’t expect the driver’s window to shatter from throwing a steel ball. The quirky electric pickup is nothing more than a prototype for the time being, and as mentioned in a previous story, there’s a lot to redesign until Tesla kicks off series production.
Could real Christmas trees and mistletoe could be losing popularity in the UK?
The National Trust has found that Christmas markets are growing in favour among Britons.
Finland, Belgium, Denmark, Netherlands, Norway, Sweden Join INSTEX Mechanism for Trade With Iran - Finnish Foreign Ministry
Iran considers the European Instrument in Support of Trade Exchanges (INSTEX), a tool set up to help trade with Tehran under the US sanctions, to be weak, Iranian Deputy Foreign Minister Seyed Abbas Araghchi stated earlier in November, adding that the system has not been fully implemented so far.
Black Friday sees fewer shoppers in stores as spending moves online
Shoppers also worried that tariffs imposed by President Donald Trump on Chinese imports would make their holiday shopping more expensive
Karvy case: SAT asks Sebi to review limited use of power of attorney issue
Sebi's directive had come after the National Stock Exchange forwarded a preliminary report to it on the non-compliances observed with respect to pledging/misuse of client securities by Karvy
NATO Secretary-General Stoltenberg Holds Press Conference in Brussels - Video
The summit comes as NATO member countries are mired in a spending row. US President Donald Trump has repeatedly urged other states to raise their expenditures on security issues, stressing that numerous allies must meet the current target of 2 percent of GDP.
UK hails 63 per cent hike in Indian student visas
The ONS data overall indicates that over the last decade, around 270,000 Indian students have chosen the UK as a higher education destination. In contrast, an estimated 229,000 more non-EU citizens moved to the UK than left in the year ending June 2019.
Focus will be on Canadian GDP – TDS
Analysts at TD Securities (TDS) offered a brief preview of Friday's only important release of the Canadian GDP growth figures, scheduled later during
Daily Mail owner to buy i newspaper and website for £50m
Mail group sees opportunities for cost synergies
ACB Stock Price: Aurora Cannabis Inc. sets higher lows, shrugging off financial fears
Aurora Cannabis Incorporated, which is headquartered in Edmonton and trades at the Toronto Stock Exchange (TSE) has risen on Thursday at and closed at
Here Is What It Would Take To Steal Elon Musk's Space Car
Whether you’re an evil international billionaire supervillain, seeking a new plot for your next Fast And Furious In Space script, or investigating a murder that has you wondering who exactly is in that “Starman” suit, you’ve likely thought about orchestrating an interstellar automobile heist to get your hands...
EUR/GBP retreats from daily highs near 0.8540
The selling pressure around the single currency has forced EUR/GBP to recede from earlier tops in the 0.8540/45 band. EUR/GBP remains focused on the U
China’s true economic growth could be half of what everyone thinks
China’s GDP data release always generates great market excitement despite rarely straying more than 25 basis points below or above the government target. This stability has led a number of analysts to propose their own measures, typically based on a variety of Chinese proxy data but, in the end, not that different from the official numbers. In this article I argue that, based on the performance of countries comparable to China, the latter’s GDP growth could be as low as half the official number and that markets are likely overestimating China’s importance for the global economy. That being said, China has one of the highest levels of corporate debt in the world and slower growth implies greater risks of financial instability.
Nintendo Switch Lite up for RM599 this Black Friday at Gamer's Hideout
It's Black Friday and Gamer's Hideout is having some sweet deals at its store in Central i-City. Those who are there today from 9 pm to 12 am of 30 November 2019 (3 hours duration) will be able to purchase a Nintendo Switch Lite for just RM599, close to a 40% reduction from its original Malaysia pricing!
Massimiliano Allegri wants to replace Unai Emery as Arsenal make contact
Should the Gunners make their move?
Hong Kong customs seizes $50 mln smuggled frozen meat to mainland China
BEIJING/HONG KONG, Nov 29 (Reuters) - Hong Kong customs seized about 540 tonnes of suspected smuggled frozen meat with an estimated market value of about $50 million, the authority said in a statement on Friday, case of its kind in the past decade. The meat was found aboard four suspicious fishing vessels
Cotton - The Fluffy Fiber Continues To Work Its Way Higher
A recovery to 96.50 cents ran out of steam in June 2018.Cotton falls to just over the 2016 bottom.A bullish pattern since late August.Levels to watch in the cotton market.BAL is the cotton ETN product
Telkom Says Cell C Has Rejected Takeover Offer
JOHANNESBURG – Telkom SA said on Friday the board of its larger but troubled rival Cell C had rejected its takeover bid. “The Telkom Board continues to believe the offer is a compelling proposition that would have created significant value for all stakeholders including Telkom’s shareholders,” the statement said. Cell C is majority-owned by Blue […]
GAM’s head of investments to quit Swiss asset manager
Matthew Beesley was once regarded as contender for top job
Newcastle Grainger Market opening hours - when to go for food, shopping and more
The covered market is home to street food stalls, cafes, greengrocers, butchers, fishmongers and more
It’s a rush for FASTags as banks, customers gear up for Dec 15 deadline
Banks come out with offers such as doorstep delivery and free movie tickets
Black Friday deal: Save £80 on iPhone XR with Argos
Argos has knocked a further £80 off the iPhone XR, a great-value handset that already received a price cut this autumn. Grab this excellent deal now!
Mercedes-Benz parent Daimler plans thousands of job cuts worldwide
The job cuts will be carried out by the end of 2022 as part of efforts to reduce spending by 1.4 billion euros (US$1.5 billion), the maker of Mercedes-Benz cars said Friday in a statement.
Amazon's Black Friday Sale Cuts the Price of Beats Solo3 Headphones by Over £100
Yes, they launched in 2016, but they're still sporting a £250 price tag which has been almost cut in half for today only.
Taiwan raises economic growth forecasts for 2019 and 2020
GDP benefits from Taiwanese businesses returning amid trade wars: DGBAS.Taiwan’s economy will grow by a higher-than-expected 2.64 percent this year and even by 2.72 percent in 2020, the government predicted Friday (November 29).
The Aramco IPO And The OPEC Meeting Could Support The Price Of Crude Oil
The Saudis want to sell a piece of Aramco.Watch the OPEC meeting for clues.Iran provides support for the energy commodity.U.S. energy policy could shift.UCO and SCO are tools for those who do not trad
Daily Mail owner buys rival the i for nearly £50m
Daily Mail and General Trust chairman Lord Rothermere said the publication was ‘highly respected’ and generating plenty of cash.
Sensex plunges 336 points ahead of GDP data release for September quarter
The top gainers on the Sensex were Bharti Airtel, HDFC Bank, and NTPC.
Crude Oil Price and Forecast: WTI traders take clues from US-China tensions, OPEC+ eyed
WTI has been dropping to the intra-day low of $58.07 by the press time of early Friday in Asia. The energy benchmark seems to have negatively affected
No change in prices of RON97, RON95 and diesel
KUALA LUMPUR (Nov 29): The Ministry of Finance (MOF) today announced that the retail price of RON97 petrol will remain at RM2.66 per liter, while RON95 and diesel will remain at RM2.08 and RM2.18 per liter respectively, for the period of Nov 30 to Dec 6.In a statement issued today, MOF announced that petroleum retail prices were set weekly using the Automatic Pricing Mechanism (APM) formula, where the retail price of RON95 and diesel for the same period is
Govt to make hallmarking mandatory for gold jewellery
The government will make hallmarking for gold jewellery and artifacts mandatory from January 15, 2021, to ensure quality, Union Consumer Affairs Minister Ram Vilas Paswan said on Friday. The departmen
GDP growth at 4.5%: No, Indian economy is still not in recession, but these countries are
Q2 GDP: Some of the key economies in the world are in the verge of recession raising fears about the global economic health
Why Criminal Arrests on the Mexican Border Have Fallen in 2019
Yes, it is true.
Bitcoin Price Analysis: BTC’s Consolidation To End-Up In a Huge Weekend Move?
It took just a few hours after we posted our previous Bitcoin price analysis, and Bitcoin broke out nicely the $7400 resistance, which is the neckline of
Egypt has capacity to store 4 mln tonnes of wheat - ministry
CAIRO, Nov 29 (Reuters) - Egypt, the world's largest wheat importer, has the capacity to store 4 million tonnes of wheat this season, the supply ministry said on Friday, adding it had built new wheat silos for the additional storage.In July, Egypt signed a deal with the OPEC Fund for International Development (OFID) to build two wheat silos in Port Said. At the time, Supply Minister Ali Moselhy said they would raise Egypt's storage capacity for imported wheat by around 15%. (Reporting by Momen Saeed Atallah; Writing by Yousef Saba; editing by David Evans)
Sony WH1000XM3 Over-Ear Wireless Headphones Are $72 Off
Another popular pair of Sony headphones are on sale at the moment, the Sony WH1000XM3. These are the company’s higher-end headphones, and they’re
Duopharma Biotech's 3Q earnings jump 21% on higher product demand
KUALA LUMPUR (Nov 29): Duopharma Biotech Bhd has reported a 21% jump in net profit to RM14.86 million for its third quarter ended Sept 30, 2019, from RM12.29 million a year ago.The pharmaceutical company said in an exchange filing today revenue rose 13.5% to RM142.86 million, from RM125.84 million in the year-ago third quarter.Duopharma Biotech's group managing director Leonard Ariff Abdul Shatar said the improved results reflected increased demand for the group's pharmaceutical products from the private and public
A decade of Physics World breakthroughs: 2009 – the first quantum computer
Michael Banks looks at the Physics World 2009 Breakthrough of the Year and how research in quantum computing has moved on
Border Closure: Nigeria short of N338 billion worth of rice
Nigeria has recorded N338.6 billion shortage of rice at the Malaysian price of $421 per tonne as a result of border closure.
UK Commits £1.8 Billion to European Space Agency
With a £1,870 million investment over the next five years the UK has reaffirmed its commitment to the ESA. The ESA Budget Increased By 10%
Oil to be stuck in a rut in 2020 as slowing demand fuels glut: Reuters poll
(Reuters) - Oil prices will remain subdued in 2020 as growth concerns weigh on demand and fuel a glut of crude, a Reuters poll showed on Friday ahead of production-policy talks among OPEC and its allies next week.
Vancouver Santa Claus Parade: All the road closures in effect this Sunday
The Vancouver Santa Claus Parade takes place this Sunday and features marching bands, dance troupes, festive floats and community groups.
Core sector output for October contracts further to 5.8 per cent
The index was dragged down by electricity which reported a de-growth of 12.4% vs -3.7% in Sept.
Russia Reportedly Considers Ban on Using Crypto as Means of Payment
Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services.
EXCLUSIVE: Govt explains why it introduced Ghc100, Ghc200 Cedi notes
The Governor of the Central Bank of Ghana, Dr Ernest Addison has explained the rationale behind government’s policy decision to introduce new Bank notes of Ghv100, Ghc200 and 2Ghc coin. Addressing a presser covered by MyNewsGH.com, the Governor said “twelve years after the redenomination exercise, sustained periods of high inflation and the perennial depreciation of the currency have eroded, in real terms, the face value of the series of the notes” forced government to take the decision. He explained that a lot of thinking and consultations took place. A lot “thinking went into the decision to introduce the higher denomination banknotes. The structure of the banknote should align well with the needs of the people who use it for their daily transactions. We need banknotes and coins that are convenient for most people to use, high quality, secure and cost effective.” He added. A promotional release by BoG read in part:
Centum Group half-year profit quadruples
The income was realised mainly as a result of net gains on disposal of three companies.
After suicide of serviceman, SCDF enhances support for recruits struggling to adjust
SINGAPORE: The Singapore Civil Defence Force (SCDF) has recently enhanced its support programme for National Service recruits who struggle to ...
India's April-October fiscal deficit at 102.4% of full-year target
Net tax receipts in the April-October period was Rs 6.83 trillion, while total expenditure was Rs 16.55 trillion, the data showed
Turkish financial sector buys 85.05% stake in JCR Eurasia
Turkey's leading banking and financial institutions inked a deal to buy 85.05% of credit rating agency JCR Eurasia, Turkey's banking association said on...
realme To Expand Beyond Phones; Plans To Make Wearables And True Wireless Headsets
Since its first batch, realme has churned out phone after phone is a very short period of time. But there's no sign of the company slowing down. New reports indicate that, if anything, it will
Sensex tumbles 336 points ahead of GDP data
NSE Nifty also settled 95.10 points down.
IHH Healthcare posts RM236m in 3Q net profit on stronger contribution from its operations
KUALA LUMPUR (Nov 29): IHH Healthcare Bhd reported a net profit of RM236.34 million for the third quarter ended Sept 30, 2019 (3QFY19) compared to a net loss of RM104.07 million a year ago.The regional healthcare group said the quarterly profit was driven by sustained organic revenue growth at existing operations.The boost to earnings also came from Gleneagles Hong Kong Hospital and Acibadem Altunizade Hospital, both opened in March 2017. In addition, Amanjaya Specialist Centre and Fortis Healthcare (“Fortis”),
The top used cars under £15,000 that will do 150mph
Think high speeds mean high prices? That’s not always the case
Intel Blames Qualcomm Bullying And Anticompetitive Practices For Modem Exit
Today, we're learning that Intel is placing direct blame on Qualcomm for its modem development problems which resulted in its unplanned sale. In
Indian hedge funds return 0.09% in October, way behind Asian peers
Indian funds did better than Asian ones in only four out of the ten months of 2019 so far
Sebi imposes Rs 2 lakh fine on Unitech for violating Listing Agreement
It was alleged that Unitech made incorrect disclosure about shareholding of some promoters in the quarter ended September 2008 and December 2008.
AUD/USD loses recovery momentum ahead of 0.6800, trades around 0.6780
The AUD/USD pair continued to push lower during the Asian trading hours on Friday and touched its worst level since mid-October at 0.6762 but staged a
$5.8B deficit over 6 months
The federal government ran a deficit of $5.8 billion over the first six months of its 2019-20 fiscal year compared with a surplus of $1.2 billion in the same period last year.
Christmas bonus for Carrick-on-Suir Credit Union members
Carrick-on-Suir Credit Union Ltd is reporting a strong 2019. The credit union has provided €5.8 million in loans to the local community over the past year. Membership has grown and it now h...
Italy: Annual GDP in Q3 grew 0.3% as expected
The Gross Domestic Product (GDP) in Italy expanded by 0.1% on a quarterly basis in the third quarter and came in at 0.3% on a yearly basis with both r
US shoppers stay away from stores, spend online as Black Friday begins
NEW YORK, Nov 29 — US consumers splurged more than US$2 billion online in the first hours of Thanksgiving shopping today, while crowds were largely thin at retailers on the eve of Black Friday, reflecting the broader trend away from shopping at brick-and-mortar stores. Early discounts offered...
Adani group shares rally up to 13% as CCI approves Total Group's 37.4% stake buy
Adani Gas share price rallied as much as 12.77 per cent to Rs 168.60 apiece on the BSE after the CCI approved the acquisition of 37.4 per cent shareholding and joint control by Total Group in Adani Gas
China's true economic growth could be half of what everyone thinks, Business Insider - Business Insider Singapore
Business Insider - GDP growth could be as low as half the official number and that markets are likely overestimating China’s importance for the global economy.. Read more at businessinsider.sg
Does Black Friday Actually Matter Anymore?
They say it's the biggest shopping day of the year, but biggest doesn't mean best. Should people still care about this supposed one-day bonanza?
Election rigging or poor leadership: Bickering in Bengal BJP after TMC sweeps bypolls
The senior leadership in West Bengal BJP seems to be divided over the reasons for the party's loss in the bypolls.
Hong Kong customs seizes $50 mln smuggled frozen meat to mainland China
BEIJING/HONG KONG, Nov 29 (Reuters) - Hong Kong customs seized about 540 tonnes of suspected smuggled frozen meat with an estimated market value of about $50 million, the authority said in a statement on Friday, case of its kind in the past decade.The meat was found aboard four suspicious fishing vessels that were leaving Hong Kong, the customs authority said in a statement. Local broadcaster RTHK said the vessels were allegedly bound for mainland China.
Hallmarking to be mandatory for gold jewellery from 2021: Paswan
The department of consumer affairs will issue a notification by January 15, 2020, for making gold hallmarking mandatory.
Most SE Asian stocks slip as Sino-US tensions over Hong Kong continue to weigh
(Nov 29): Most Southeast Asian markets dropped on Friday, hurt by worries that a US law backing protesters in Chinese-ruled Hong Kong could disrupt ongoing trade negotiations, as the two countries try to strike a deal to diffuse a 16-month long trade war.All eyes were trained on China, which on Thursday warned of retaliation after US President Donald Trump signed legislation that, among other things, threatened sanctions for human rights violations in Hong Kong."Market will continue to wait for
Thai court fines Philip Morris $39.7 million for tax evasion
BANGKOK (AP) - A court in Thailand on Friday found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines. It ordered the company to pay a fine of 1.2 billion baht ($39.7 million).
RBI begins bankruptcy proceedings against DHFL, sends stressed NBFC to NCLT
DHFL, once one of India's top shadow lenders, owes its creditors - which include mutual funds, banks, pension funds, insurance firms and retail investors - close to Rs 1 trillion
China updates drug reimbursement list, agrees price cuts
Chinese regulators have added 70 new medicines to the country’s National Reimbursement Drug List (NRDL), and has agreed an average of 61% in price cuts with pharma companies.
Phillips 66: IMO 2020 Will Likely Lead To Surge In Refining Profits
Over the past five years, PSX has not only outperformed the broad energy sector, but has also beaten the S&P 500.Still, the company's P/E is less than half that of the broad S&P 500, while the dividen
Air Serbia to launch flights from Istanbul Airport in December
Air Serbia has decided to resume flights from Istanbul on Dec. 11 after nearly a two-year break since March 14, 2017. According to a statement released...
Intel calls for aid manufacturing CPUs… and Samsung answers
Any excuse for a Lord of the Rings reference...
How To Be A Great Investor, Part 5: Think Probabilistically
Outlines how to think probabilistically about the chances of a new factor’s or a new strategy’s success.Discusses the problems of optimization.Explains why it’s a mistake to estimate an “expected retu
Govt on track to make India $5 trillion economy by 2024: P K Misra
Describing the country's economic fundamentals as strong, Mishra said the annual average GDP growth of 7.5 per cent during 2014-2019 was the highest since independence
Ibrahim Abdul Majid appointed as new CEO of Boustead Plantations
KUALA LUMPUR (Nov 29): Boustead Plantations Bhd today announced the appointment of Ibrahim Abdul Majid as its new chief executive officer (CEO), effective Dec 1.Ibrahim, 60, will take over from Mohamad Azlan Jaafar, who is standing in as acting CEO and will resume his responsibilities as deputy CEO.In a statement today, the group said Ibrahim has an extensive career in the palm oil industry, bringing with him 40 years of experience.He started his career with Sime Darby in 1979
How do economists predict GDP figures? These indicators help
GDP Q2: One of the reasons why economists are fairly sure about the outcome of the GDP estimates is that key components of the GDP have not been showing positive trends
HSBC and Santander customers to get £8m in refunds over overdraft breaches
'We are very sorry that some customers in certain circumstances were not sent the required overdraft alerts'
Tenants want better in Auckland metropolitan office market
Colliers International Research’s latest annual review of the Auckland metropolitan office market shows a busy year of activity with ongoing occupier demand for higher quality spaces leading to the construction of new buildings and refurbishment of existing premises.
Veteran actor charged with striking man with metal scraper at Singapore Islamic Hub
SINGAPORE: Veteran actor Ng Aik Leong, better known as Huang Yiliang, was charged on Friday (Nov 29) over attacking a man with a metal scraper and ...
Retailer Quiz to update ahead of festive sales period
Glasgow-based fast fashion chain Quiz will update on current trading ahead of the key festive period when it reports interim figures next week.
China seeks greater LNG cooperation with Qatar: Ambassador
China, the world’s largest LNG consumer, is seeking to expand its LNG cooperation with Qatar, the world’s largest LNG producer, which has just recently announced its plans to further increase its LNG production capacity by 64 percent to 126 million tonnes per annum (mtpa) from the current 77mtpa by 2027.
Daily Mail owner buys rival the i for nearly £50m
Daily Mail and General Trust chairman Lord Rothermere said the publication was ‘highly respected’ and generating plenty of cash.
‘Kammuri’ least likely to be super typhoon
Pagasa said “Kammuri, ” which is still outside the Philippine area of responsibility (PAR) and as of now has no direct effect on the country, has gained more strength while moving northwestward slowly at 170 kilometers per hour (kph). It was last spotted 1,470 km east of Southern Luzon with maximum sustained winds of 140 kph near the center and gustiness of up to 170 kph.
Future of big name Burton store in the balance
It could be saved by another high street name
Thai court fines Philip Morris $39.7 million for tax evasion
BANGKOK (AP) - A court in Thailand on Friday found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines. It ordered the company to pay a fine of 1.2 billion baht ($39.7 million).
Eurozone inflation jumps more than expected in November – ING
The increase in both headline and core inflation was driven by strong growth in services prices. Still, don't assume this has implications for the Eur
TymeBank already eyeing next million customers
After announcing the bank’s first million customers, CEO Tauriq Keraan reveals partnerships will unlock further growth.
Market Wrap, Nov 29: Sensex tanks 336 points, Nifty closes at 12,056
During the day, the index hit a low of 40,664.18 levels. Reliance Industries, ICICI Bank, Hindustan Unilever, and State Bank of India contributed the most to the index's fall
European Space Agency with a Record Budget
European Space Agency (ESA) members agreed Thursday a record 14.4 billion euros budget, promising to maintain Europe's place at the top table as the United States and China press ahead and industry disruptors such as Elon Musk's Space X present new challenges, AFP reported.
Jennifer Lopez and Alex Rodriguez share adorable snaps from low key Thanksgiving
The couple got engaged in March.
Reprieve For Customers As Co-op Bank Scraps Balance Enquiry Charges
The Co-operative Bank has announced that it is scrapping all balance inquiry charges to its customers.In a statement posted on it social media pages, Co-op Bank said the move was as a result of cu
Eight core sector industries shrink 5.8% in October
Electricity generation declined by 12.4 per cent in October, 2019 over October, 2018. Its cumulative index increased by 1.5 per cent during April to October, 2019-20 over the corresponding period of previous year
Slowdown impact? Core sector output shrinks 5.8% in October
As many as six of eight core industries saw a contraction in output in October
A pair of Aldi Pinots to try, one white, one red and both less than €10
John Wilson’s wines for the weekend: A French Pinot Gris, an Australian Pinot Noir
Vancouver murder suspect arrested 26 years after killing
More than 26 years after a 23-year-old woman died in Vancouver, a man has been charged with murder.
Low-pressure area watch in South as fog and cold descend on North
Heavy rain forecast for South including Tamil Nadu, Puducherry
Evolution Mining's Red Lake Mine Acquisition - A Bet On Exploration Success
Newmont Goldcorp will sell the Red Lake mine to Evolution Mining for $375 million, plus contingency payments of up to $100 million.Evolution will invest $100 million to improve the mine operations and
Bitcoin Price Grinds Closer to $8K as $7,500 Support Remains Intact
Resistance closer to $8,000 remains but a bearish reversal back to the $6,000 range has yet to materialize, boosting trader sentiment.
Roland Duchatalet agrees deal to sell Charlton Athletic
Duchatalet's five-year reign at The Valley has proved hugely unpopular with fans.
UPS workers allegedly trafficked 1,000s of pounds of drugs, cash, and fake vapes across the country
"They've been doing it for so long that they were truly comfortable that they were never going to get caught."
California Chrome’s new owner: ‘We promise to take care of him’
Horse Racing news: California Chrome’s new owner: ‘We promise to take care of him’.
RCom shares hit upper circuit for sixth time; gain over 42 per cent in nine sessions
On the BSE, the stock settled 3.85 per cent up at 81 paise. The stock has gained over 42 per cent in nine trading sessions.
No congregational prayers at Srinagar’s Jamia Masjid for 17th consecutive Friday
The mosque in Nowhatta area has been closed for prayers for nearly four months.
Black Friday 2019 Shoppers Stay Away From Stores, Spend Online, Analysts Say
Early discounts saw a dip in the numbers lining up at stores across the country, according to consultants.
Anfield expansion plans announced – Reds will have 3rd biggest stadium, with Kop ‘dwarfed’ by Annie Road End
Liverpool have announced plans to increase the capacity of Anfield to around 61,000 – with roughly 7,000 additional seats being added to the Anfield Road End. The Echo state that these ticket…
Atari VCS enters final stages of pre-production following series of delays
"Atari will always prioritise delivering a high-quality product over a self-imposed deadline," says Atari VCS COO
Cryptocurrency exchange IDAX’s CEO reportedly missing with the company’s cold wallet
A relatively small cryptocurrency exchange has halted deposit and withdrawal services after its CEO has reportedly gone missing.
Galaxy Note 10 receives new Android 10-based OneUI 2 beta
Samsung is rolling out a new Android 10-based OneUI 2 beta update for the Galaxy Note 10. It brings several bugfixes and addresses stability issues.
BMW Is Killing Its Range-Extending Hybrid But Maybe It Shouldn't
BMW introduced the i3 REx range-extending hybrid hatchback back in 2014 to offer a longer-range alternative to the fully-electric i3's measly 128 kilometre range at the time. A few short years later, the company confirmed it’s done with range-extending hybrids for good....
Bitcoin (BTC), Ethereum (ETH) and XRP Lead Surprising List of Top Cryptocurrencies From Weiss Ratings
Weiss Ratings has released an updated list of its leading cryptocurrencies. The financial ratings agency is now tracking 125 crypto assets, ranking each based on its level of technology and adoption, as well as the risk/reward potential for investors. Although the ratings go from A+ to E-, none of the coins on the list have […]
Daily Mail owner buys rival the i for nearly £50m
Daily Mail and General Trust chairman Lord Rothermere said the publication was ‘highly respected’ and generating plenty of cash.
Sensex tumbles 336 points ahead of GDP data
Yes Bank was the top loser in the Sensex pack, shedding 2.50 per cent, followed by HUL that fell 2.37 per cent, M&M 2.12 per cent, SBI 2.03 per cent, Tata Motors 2.03 per cent and Vedanta 1.97 per cent.
Best Selfie Camera Phones of 2019 Picked by DxOMark - Gizchina.com
Here are the Best Selfie Camera Phones of 2019 according to renown camera-focused website DxOMark. The list includes the Samsung..
Fiscal deficit for April-Oct at 102.4%, crosses full year target
The revenue gap for the April-October period stood at Rs 5.46 lk cr showing the weakness in tax collection.
FIFA 20 drops to £37.99 in Amazon Black Friday Sale
FIFA 20 has quietly gone about its business, selling well without much fanfare. If you’ve been holding off making your yearly exchange of cash with EA for the latest FIFA, now might be a good time to finally hand over the money. FIFA 20 on PS4 and Xbox One has dropped to just £37.99 on […]
Redmi wants to be universal and prepares new Router and Smart Speaker - Gizchina.com
Rate this post The expansion of the Redmi brand is being as powerful as what Xiaomi once offered. For this reason, it has prepared new ...
HDFC MF front-running case: Sebi slaps Rs 8.7 mn fine on 7 firms
In its latest order passed on Thursday, Sebi noted that the entities have disgorged the ill-gotten profits made by them along with interest in compliance with disgorgement orders
Debate This: These Are the Deadliest .308 Rifles in the World
Better take a step back.
Governor Ngilu Pays Dearly After Clashing With Senators
Appearing before the senate PAIC committee, Governor Ngilu failed to provide necessary documents as requested by the committee leading to....
‘Steel output target of 300 mt is challenging amid issues over raw material availability’
The Indian steel industry will be able to achieve its crude steel production target of 300 million tonnes (mt) by 2030 only if the issues surrounding raw material availability are addressed. The st
India quarterly growth falls to worst level in six years
MUMBAI, Nov 29 — India’s economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 per cent from 7.0 per cent a year ago, according to government figures released today that piled more pressure on Prime Minister Narendra Modi. The expansion in Asia’s...
Exclusive: Mexico's Pemex fights in court to suspend clean diesel rule - documents
Mexico's state-run oil company Pemex has been fighting for almost a year in court to suspend a rule issued by the previous government, requiring ...
US stocks retreat from records on greater trade tension
WEST NEW YORK, Nov 29 — Wall Street stocks retreated from records early today on revived worries about US-China trade talks as retailer shares were mixed on the official start of the holiday shopping season. Analysts pointed to increased US-China trade friction as Beijing threatened unspecified...
The Liveris Formula: Dow’s Inclusive Capitalism
Parasites have a certain weight in history. Donors to a system, a state, a company, always claim to be giving back what they advertise as their hard earned cash. Andrew N. Liveris is one such character. Former CEO of the Dow Chemical corporation, he is a face associated with a company that was responsible for manufacturing the defoliating Agent Orange and napalm.
Attention Traders! Win $25K by showing off your trading talent with our newest asset - Algo!
We’re excited to introduce Algorand's native token, Algo, to PIT traders by launching a trading contest. The more you trade, the more you could win!
OYO's valuation continues to soar despite losses; hovers near $10-bn mark
The losses have reportedly mounted due to the rise in operating expenses fuelled by the company's aggressive expansion in overseas markets
Best And Worst Q4 2019: All Cap Growth ETFs And Mutual Funds
The All Cap Growth style ranks seventh in Q4'19.Based on an aggregation of ratings of 26 ETFs and 545 mutual funds in the All Cap Growth style.TTAC is our top-rated All Cap Growth ETF and NLAFX is our
SEBI to decide on interim relief to Karvy by Monday: SAT
The Securities and Appellate Tribunal (SAT) has asked SEBI to decide on giving interim relief to Karvy Stock Broking by Monday. SAT has asked SEBI to consider allowing Karvy limited use of power of at
Hawks arrest leader of ‘terrorist’ Christian group | Sunday Independent
The Hawks said they also searched the suspect’s Eastern Cape residence, where they allegedly uncovered an explosives factory, ...
MTAA Super and Tasplan to merge in a $23 billion superannuation deal
The industry superannuation sector will see the arrival of a $23 billion giant with the merger of MTAA Super and Tasplan Super from October 1 2020.
Jeffree Star Cosmetics is having 2 of its biggest sales of the year for Black Friday and Cyber Monday, Business Insider - Business Insider Singapore
Business Insider - Throughout both sales, customers in the United States can get free domestic shipping on their orders.. Read more at businessinsider.sg
India Fires Salvo Against Israeli Manufacturer for 'Snubbing' Its Domestic Anti-Tank Guided Missile
New Delhi (Sputnik): Israeli manufacturer Rafael faced a major setback in 2018 after the Indian Defence Ministry cancelled a $500 million Spike deal in favour of a domestically manufactured anti-tank guided missile. New Delhi previously bailed on a Spike purchase in 2011, and again in 2017 – both times under the DRDO’s pressure.
Extinction Rebellion targets Black Friday
Protest draws a crowd outside the JSE
Grab yourself 12 months of PlayStation Plus for under £30 this Black Friday
We don't see PlayStation Plus deals come along often and this is a great one. ShopTo is offering 12 months of PlayStation Plus for only £29.85.
GDP at 4.5%: What is recession?
Q2 GDP: Recession, simply put, is when an economy starts to decline in value. It means that the country is producing and earning less than what it did before
Coinbase Denies Report of $150M Acquisition of Tagomi Brokerage Firm
Coinbase has denied reports that it acquired digital currency brokerage firm Tagomi for $150 million.
Sisqo claims 'Thong Song' increased Victoria's Secret sales by 80 percent
Singer Sisqo is celebrating the 20-year anniversary of his hit “Thong Song” by revealing that its rise in the charts in November 1999 purportedly helped increase Victoria’s Secret sales by 80 percent.
Buffett outbid by private equity in Berkshire's big deal hunt
Warren Buffett has frequently touted his Berkshire Hathaway Inc. as a home for businesses away from what he said was the debt-fueled, quick-turnover appetite of private equity firms. But the Berkshire name wasn’t enough for Tech Data Corp.
Pose as cops robbers nabbed
Five men from Bulawayo who masqueraded as police officers before robbing several residents of more US$30 000 and R43 000 as well as an assortment of goods worth more than $200 000 have been arrested.
Color Blind? This free Chrome plugin may help
A free color blind chrome plugin can dramatically improve the ability to discriminate different colors in your browser, making it easier to see charts.
President Akufo-Addo expected to cut sod for commencement of Pwalugu Dam
news, story, article
Jio likely to bag Reliance Infra's tower, optical fibre for Rs 3,600 cr
Bharti Airtel has placed a bid of around Rs 1,800 crore for the same, according to the sources
Supermax is optimistic on FY2020
PETALING JAYA: Supermax Corp Bhd remains optimistic on its financial year 2020 prospect despite posting a lower net profit in the first quarter (Q1) ended September 30, 2019.
Niall McGarry steps down as Irish chief of Maximum Media
Founder of Maximum Media, Niall McGarry has stepped down from his executive role within the Irish branch of the company over controversies
Government is on its last legs, says BNP's Mirza Fakhrul
BNP leader Mirza Fakhrul Islam Alamgir believes the end is near for the ruling Awami League government.
High-level visits, new projects to promote Turkish-Hungarian relations further
Enhancing their relations to a strategic level in 2013, Ankara and Budapest have greatly developed bilateral ties and initiated many projects, the Hungarian ambassador to Ankara said
The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem, Business Insider - Business Insider Singapore
Business Insider - captionDemocratic presidential candidate, Sen. Elizabeth Warren (D-MA) speaks to her supporters after officially filing to be on the ballot for the New Hampshire state primary at the State House on…. Read more at businessinsider.sg
Tracking David Abrams' Abrams Capital Management Portfolio - Q3 2019 Update
David Abrams' 13F portfolio value decreased this quarter from $3.68B to $3.57B. The number of positions increased from 19 to 20.Abrams Capital Management added Altaba while increasing Teva Pharmaceuti
Algeria: Protesters Keep Up Pressure on Authorities As Election Nears
Tens of thousands of Algerian protesters marched on Friday to demand that a presidential election next month be cancelled until the old ruling guard step aside and the army quit politics. The marches, held in cities and towns across the country, mark
SON destroys over 5,000 substandard gas cylinders worth N51.3m
The Standard Organisation of Nigeria (SON) on Friday destroyed over 5,000 substandard Liquefied Petroleum Gas (LPG) cylinders worth N51.3 million.
5,000 substandard gas cylinders worth N51.3m destroyed by SON
The Standard Organisation of Nigeria (SON) on Friday destroyed over 5,000 substandard Liquefied Petroleum Gas (LPG) cylinders worth N51.3 million.
Economy set to grow at much faster pace: P. K. Mishra
Mr. Mishra, however, acknowledged that in recent months India had witnessed a slowdown in growth.
Forex reserve hits fresh record high of $449 billion
In the previous week, the reserves had increased by $441 million to reach $448.249 billion.
Consumer Commission Fines Ford R35 Million For Kuga Fires
The National Consumer Commission has fined the Ford Motor Company R35 million for the Kuga SUV fires, which have seen a number of vehicles bursting into flames. The company has also agreed to compensate consumers affected by the fires. Compensation will amount to R50,000 each. The commission made the announcement at a briefing in Pretoria […]
BMW, Great Wall to build new China plant for electric cars
BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce ...
Mediacorp remains best radio network in Singapore: Nielsen survey
SINGAPORE: Mediacorp remains the number one radio network in Singapore, according to the results of the latest Nielsen Radio Diary Survey released ...
The Echo Show 5 is on sale for just $50, making it one of Black Friday's best smart home deals
At its retail price of $90, the Echo Show 5 is already an incredible value. For just $50 during Black Friday, it's a must-buy for anyone interested in smart home tech.
Canada: GDP masks sharp improvement in Canadian business investment for Q3 – TDS
Commenting on Friday's Gross Domestic Report from Canada, "GDP growth was in line with market expectations, with the Canadian economy growing 1.3% (an
CME Group Bitcoin Futures Contract Expire Today, BTC Price Pushes Ahead
The monthly Bitcoin Futures Contracts of CME Group are set to expire today, as it’s the last trading Friday of the month. With the recent volatility, the
Warren Buffett gets outbid by private equity amid Berkshire's 'elephant-sized' deal hunt
While Buffett is still on the prowl, he may not be willing to outbid private equity firms flush with money
Ukraine boasts record high grain harvest at 74.3 mln tonnes as of Nov 28
By the end of November, farmers threshed 0.3 million tonnes more than forecasted this year.
Forex kitty continues to move up, closes in $449 billion mark
India Business News: Foreign exchange reserves continued the upward move, gaining by a modest $347 million to touch a new high of $448.6 billion in the week to November 22
Taobao's cargo ship with items from 11.11 sales sank deep into the ocean
This must be a really devastating news to some of the fanatic buyers during the 11.11 sales. It is reported that over 879 tonnes of cargo shipped from China sunk into the open ocean after encountered a collision. The cargo mainly consists of products purchased from Taobao during the sales. The repercussions of this incident involved not only Taobao and its consumers, but also the lives of the ship’s crew members.
Spurt in wheat sowing pushes rabi area to 338 lakh hectares
Pulses acreage falls with dip in area under gram cultivation
Most fund managers since 2011 see South Africa equities as cheap
More fund managers also see local bonds as undervalued, survey shows.
Dangote Sugar Refinery: Revenue recovers but cost pressures remain
Dangote Sugar in its recently released 9M 2019 financials reported a marginal y/y growth in revenue to N117.4 billion in 9M 2019.
Buffett outbid by private equity in Berkshire’s big deal hunt
Apollo Global Management tops Berkshire's share bid for technology distribution company.
Support the Guardian – and help us highlight the rise of digital inequality
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Biz EOD: GDP growth slows down to 4.5%; RBI may cut repo rate; Fiscal deficit of 3.9% realistic, says Uday Kotak
Catch the top stories from the world of business and economy with BusinessToday.In's end of day (EOD) report
Agriculture Q2 growth shows marginal recovery at 2.1%; farmer incomes dip
Most rabi crops, including wheat, mustard and chana, were selling at 10% to 37% below the MSP in the first few months after their harvest
Tesla's Cybertruck Caught on Camera on the Streets of LA for the First Time Ever
An Instagrammer was the first person to post real footage of Tesla's Cybertruck rolling in broad daylight in the streets of Los Angeles.
MV Agusta Dragster 800 series sold out in India
Pune-based Motoroyale who brought the exotic Italian motorcycle brand to India in 2015, launched the MV Agusta Turismo Veloce 800 sport tourer just months ago, before starting sales of the more exotic Dragster 800 series
Everton confirm club working on new deal for Richarlison
The 22-year-old joined the Toffees from Watford.
Npower Reveals Reason It Is Axing Up To 4,500 Jobs Under Closure Plan
The new owner of energy firm, Npower says it is cutting up to 4,500 United Kingdom (UK) jobs as part of a plan to make it more profitable.
Winter to be warmer, probability of above-normal temp in cold zones: IMD
The IMD has been issuing seasonal forecast for winter since 2016, and every forecast has predicted a warmer winter
Clemson University students mentor elementary school kids through nonprofit work
Clemson Hope is a nonprofit and student-run organization that provides mentoring, tutoring and annual Christmas gifts to in-need students in Oconee County.
Forecast: Breezy trade winds with more showers over the weekend
High pressure will build north of the state during the next couple days, increasing the trade winds to breezy and locally windy levels over the weekend.
Fisher Funds takes gong for Fund Manager of the Year
Fisher Funds was crowned overall Good Returns Fund Manager of the Year at the inaugural Good Returns Research IP awards ceremony, held last night in Auckland.
FinMin's claim of slowdown having bottomed out has analysts divided
Some analysts point to raw data available for the festive season and say any meaningful recovery is still to come
B.C. home sales continue to climb, hitting highest activity level in nearly two years
B.C. home sales remained on an upswing in October with MLS sales up 1.3% from September and 16% year-over-year.
Jubilant scenes at depots as RTC workers resume duty
Crew faced staring trouble as most buses had flat tyres, drained batteries
Stock markets tread water as all quiet on trade war front
LONDON, Nov 29 — Stock traders found little to get the pulse racing today as the trade war front was eerily quiet and Thanksgiving sapped global trading volumes. “It’s been quite the forgettable week and I don’t think today is going to be any more memorable,” said Craig Erlam, Senior...
Turkey works on strategy to expand high-tech product exports
The government aims to increase Turkey's exports of high-technology products around the world as innovation and research and development, coupled with qualified human resources, are the new criteria for economic growth
Costco's website crashed for several hours over Thanksgiving, and experts estimate it could have cost the retailer nearly $11 million in sales
Costco's website was down for at least 16 hours, according to data from the outage-tracking website, Down Detector.
The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem
A wealth tax could have cut Jeff Bezos' fortune in half and made Bill Gates $61 billion less rich, but it might not do anything to make the economy feel more fair to the middle class, Bloomberg columnist Noah Smith argued in a recent column.
GDP Growth Rate: Deeply Worrying, Says Manmohan Singh; Will Pick up From Next Quarter, Claims Ministry
Many industrialists tell me that they live in an atmosphere of fear in our society today, former PM Manmohan Singh said denouncing Centre's economic policies
IDAX Crypto Exchange CEO Disappears Amidst Exit Scam Rumors
IDAX, an Asian crypto exchange whose users have been unable to make withdrawals since November 24, has announced that it’s CEO, who allegedly absconded with the exchange’s cold wallet is still nowhere to be found and as such, it is suspending all deposits and withdrawals indefinitely, according to a blog post on November 29, 2019.
After five-month road test, B30 implementation gets green light
The vehicles in the test showed “relatively similar” performance in power, emissions and fuel consumption compared to when run using B20 biodiesel.
Berlin airport to open in 2020 after nine-year delay
Berlin's new international airport is set to open on October 31, 2020, its operating company said Friday, after an embarrassing nine-year delay owing to structural problems and corruption. "The BER will open on 31.10.2020," Flughafen Berlin Brandenburg (FBB) said on Twitter, using the
The Yen Isn't What It Used To Be
$USDJPY:$SPX ratio sinks to new lows, showing further de-correlation between the two assets.President Trump signing the Hong Kong bill in favor of protesters may be just what JPY bulls need.$USDJPY 1:
Canadian Valeura reports positively on Devepınar-1 well in Thrace
The first gas production test from the Devepınar-1 well in the Thrace region has successfully flowed gas from the depths of between 4,640 and 4,775 meters...
Time dotCom 3Q net profit rises as revenue improves
KUALA LUMPUR (Nov 29): TIME dotCom Bhd’s third quarter net profit grew 3.77% to RM82.99 million or 14.19 sen per share, from RM79.98 million or 13.71 sen per share a year earlier, on the back of higher revenue.The telecommunication company also attributed the higher earnings in the quarter ended Sept 30, 2019 to a rise in interest income to RM2.5 million from RM1.8 million previously, a net write back of construction deposit of RM700,000 and an increase in share
Huawei to challenge FCC decision on government subsidy program - WSJ
Huawei Technologies has decided to challenge a U.S. Federal Communications Commission (FCC) decision barring U.S. rural carrier customers from ...
Another blow for Georgiou
SCA dismisses an appeal against a high court decision ordering him to honour an HS buyback agreement.
The 15 best beauty deals in the Black Friday and Cyber Monday 2019 sales
Black Friday is here, and while you may balk at the the idea of whipping people into a spending frenzy, if you're clever you can make considerable savings on your tried & trusted beauty favourites, as well as bagging a few strategic gifts ahead of the Christmas rush.
SKP Resources 2Q net profit falls 11.4%
KUALA LUMPUR (Nov 29): SKP Resources Bhd saw its net profit fall 11.4% year-on-year to RM24.91 million or 1.99 sen per share in its second quarter ended Sept 30, 2019, from RM28.1 million or 2.25 sen per share previously.This was despite a 2% rise in revenue to RM486.86 million from RM477.23 million, the electronics manufacturing services provider’s stock exchange filing today showed.This brings SKP Resources’ first-half net profit to RM43.4 million, down 19.5% from RM53.94 million in the preceding
GDP data: All three engines driving economic growth are stalling
While the concerted decline in economic drivers calls for multi-pronged efforts to arrest it, stimulus measures so far have focussed mainly on an investment revival
Telangana TSBIE intermediate IPE 1st, 2nd year exam time table released
Telangana TSBIE intermediate IPE 1st, 2nd year exam time table: The Telangana Board exams for both first and second-year intermediate students will be held from March 4 to Ma 21, 2020 from 9 am to noon. These dates are for both general and vocational exams.
OGRA recommends slight reduction in petrol price
Suggests cut of Rs2.4 per litre in price of diesel