Asian Currencies Increased as Global Stocks and Chinese Shares Rally Boosts Sentiment
Asian currencies increased due to sharp rebounds in the global equity markets and in Chinese shares Wednesday boosted risk sentiments.
Sep 09, 2015 10:51 AM EDT
Paddy Power, Betfair £5B merge deal expects to complete process by 2016
Two of the Britain's online betting site, Paddy Power and Betfair, confirms the merging deal worth £5B. It is expected to be completed next year, which will make them the largest online gambling company in the whole world.
500 Startups Slowly Conquering the World with Six New Investment Partners
500 Startups looks to find its new unicorn by hiring six new partners to play specific important roles all over the world.
Japan's Economy Reduces at a Minus 1.2 Percent Annual Rate in Q2
Japan’s economy contracted at a minus 1.2 percent annual rate, as seen in its second quarter report.
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Disruptive technology destabilizes the economy as we enter the venture capital revolution
Analysts say that as we enter the venture capital revolution, majority of capitalist venture on disruptive technology. Thus, it creates imbalance in our economy, neglecting other areas that need to be developed like health, food and education.
Sep 09, 2015 6:18 AM EDT
Analysts Say Volkswagen's Management Reshuffle Not Enough to Create Momentum
Volkswagen’s reshuffling may not bring the momentum it needs to to address its structural issues between lets Chief Executive Martin Winterkorn and former Chairman Ferdinand Piech.
Sep 08, 2015 11:46 PM EDT
Nike could be J. Crew's toughest rival
Nike is just silent and waiting around the corner to take its queue in the market sales. Before J. Crew knew it, Nike has gotten the bigger share in the active wear market share sales.
Sep 07, 2015 11:35 AM EDT
Wall Street Q3 projections under pressure
The projections on US growth rate for third quarter are likely to be lower following the adverse conditions in emerging ecnomies, expectations of rate hike by US Fed, currency crisis in developing nations.
Sep 07, 2015 11:23 AM EDT
China's economic distress is risk to global economy: IMF and ECB
China's economic turmoil poses great risks to the world's economic growth but they are managing to recover from the troubles with the help from other countries and Fed will not yet increase its interest rates.
Sep 07, 2015 4:54 AM EDT
Craft beer maker BrewDog turns to Crowdcube for GBP25M fund raising
Scottish craft beer maker BrewDog is raising GBP25 million to support its expansion plan. For the first time, BrewDog is using crowdfunding platform Crowdcube. Using the raised funds, BrewDog will open new bars across the UK and also set up a manufacturing facitlity in the US.
Sep 07, 2015 4:53 AM EDT
Irish fashion brand Primark to launch eight retail stores in the U.S.
Primark, the top fashion brand that started in Dublin, Ireland will venture on the U.S. market opening eight stores in a row. Its first store will be in Burnham Building Boston to be launched on September 10.
Sep 07, 2015 4:51 AM EDT
Housing boom in the horizon as market welcomes potential new buyers
The supply of houses being put up on sale is dwindling, while survey firms see a surge in potential new home buyers. This could lead to another boom in house prices.
Sep 07, 2015 4:51 AM EDT
Slump in Chinese economy brings down manufacturing cost for British fashion labels
The Chinese economic meltdown means lower manufacturing cost for small fashion firms in the UK. The Chinese economic meltdown is not bad news for everybody, as some British fashion companies that use factories in the oriental country will experience lower costs in manufacturing.
Sep 07, 2015 4:25 AM EDT
Bearish divergence: Investors advised not to buy on dips
The formation of Bearish Divergence on technicals charts is indicating further fall in the makrets. Technical analysts caution investors not to take positions on dips as market could fall further. Adverse conditions in the global markets are also dampening the investor confidence.
Sep 07, 2015 3:29 AM EDT
Putin enticed investors to invest in Russia's Far East
A call for investments from local and foreign investors has been rolled out by the Russian President Vladimir Putin in Russia's abundant Far East with a promise of high return on investments.
Sep 07, 2015 3:10 AM EDT
Positive outlook on employment increases possibility for Fed to raise rates this September
The drop on unemployment rate and the slight increase in wages can increase the possibility for the Federal Reserve to raise interest rates in September.
Sep 07, 2015 3:04 AM EDT
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