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50% drop in Viacom stock wipes out $16B

Viacom's stock price dropped by over 50% during the past one year. The ratings drop, fall in advertising revenues, forthcoming talks with Dish Network are the major factors that impacted the share price in negative way.

Sep 03, 2015 11:15 PM EDT


Wild swings in China stocks this week

China and Asian market drop again today on U.S drop last night and weak manufacturing data released by Chiese government.

Sep 03, 2015 11:14 PM EDT


Japan inflation falls to zero for third time

Shinzo's Abe government had failed again for the third year in an effort to increase inflation to help takes Japan out of the recession problem.

Sep 03, 2015 11:06 PM EDT


US home lending grows for 5 quarters in a row

Lenders are coming forward to offer loans in the construction sector on low down payment or without down payment also. the latest data shows that construction spending is on the rise. Home lending continued to grow for five quarters in a row.

Sep 03, 2015 10:39 PM EDT


Three crisp sentences that best summarize the current market condition

Jim Reid of Deutsche Bank summarizes the state of the markets in three sentences. Global markets these days have become more and more unpredictable with the US and Chinese stocks' consistent historical upswings and plunges in the past few months.

Sep 03, 2015 9:31 AM EDT


Starting salaries for US workers to surge in 2016 - studies

Robert Half and Towers Watson agree that 2016 could be a good year for employees who are hoping to get a salary increase. But both studies reveal different salary increase rates.

Sep 03, 2015 9:28 AM EDT


Spain’s reform efforts praised, but many Spanish disagree

Spain might be receiving lots of praises that the country's economy is doing great but to many Spanish that us disagreeable.

Sep 03, 2015 9:24 AM EDT


Samsung and Springer: New partners in mobile media

Samsung and Springer are in for a joint venture in the world of digital media to provide and keep customers up-to-date with the latest news and trends. Customers can take advantage of the app called Upday and is readable in Polish and German, and can be downloaded via Google store.

Sep 03, 2015 12:28 AM EDT


China shares recover early losses, other Asian markets up

Chinese shares regained early losses Wednesday amid reports Beijing had been buying shares to support the market. Other markets in Asia were up despite disappointing economic data.

Sep 03, 2015 12:26 AM EDT


Newscred to go beyond content marketing with new $42M fund

Newscred shares plans to develop software for content marketing with its newly raised funds from previous investors.

Sep 03, 2015 12:19 AM EDT


BNY Mellon worked overtime to fix pricing glitch, now back to normal

BNY Mellon’s CEO said they will fix the computer glitch that affected the pricing of U.S. mutual funds and exchange-traded funds before markets open on Monday. Fortunately, it is back to normal now.

Sep 03, 2015 12:14 AM EDT


Led by US, foreign investors hold 54% of UK stock market

The US investors hold majority share of 46% in the toal foreing ownership of 54% in the UK stock market in 2014, according to a latest data from Office for National Statistics (ONS). Pension funds' share in foreign ownership drastically fell to 3 percent.

Sep 03, 2015 12:09 AM EDT


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