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Global Financial News Articles

Gold In Focus
Posted on Thursday June 22, 2017

Gold -- that precious yellow metal with a 5,000-year history of established value and credibility is still accorded poor investment sentiment and trades unfairly, compared to the S&P or any other asset class? For evident reasons, it has been kept low. And who else with an obvious motivation to manipulate gold to its current relative weakness and amass tonnes of it – but China. Read more...

The Global Reset and Sino-Russian Contingency
Posted on Thursday April 20, 2017

The gravity of allegations against the Fed colluding with the influential Goldman Sachs has left the average American resigned and apathetic. Consider how the two remained in cahoots over an institutionalised scheme to transfer wealth from the government [TARP] to their pockets & major mainstream US Banks should be cause for alarm. Read more...

Cashless Inconvenience
Posted on Monday March 13, 2017

Would a digital utopia usher in an era of cashless convenience? America’s experience with online commerce is not at all too convenient. A recent 2017 study on identity fraud by Javelin Strategy and Research reports that $16Billion was stolen from 15 million American consumers in 2016 alone, compared to $15.3Bn from 13 million victims in 2015. Much of this inconvenience was due largely to credit cards being hacked or new account (identity theft) fraud.. Read more...

World Financial News

Stock futures higher as oil prices rebound
Posted on Monday June 26, 2017

(Reuters) - U.S. stock index futures were higher as oil prices rebounded, while investors awaited economic data for a reading on the health of the economy.

Oil edges above November lows but under threat from U.S. supply surge
Posted on Monday June 26, 2017

LONDON (Reuters) - Oil rose for a third straight session on Monday, as speculators took advantage of last week's drop to seven-month lows, although a relentless increase in U.S.

Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor
Posted on Monday June 26, 2017

TOKYO (Reuters) - Japan's Takata Corp , the firm at the center of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan,

U.S. activist presses for 'bold action' at Nestle
Posted on Monday June 26, 2017

(Reuters) - Nestle is under pressure from U.S. activist shareholder Third Point, which has taken a $3.5 billion stake in the food maker and is pushing Europe's largest

'Pharma bro' Martin Shkreli heads into fraud trial
Posted on Monday June 26, 2017

NEW YORK (Reuters) - Martin Shkreli, the pharmaceutical entrepreneur vilified as the "pharma bro" for raising the price of a life-saving drug by 5,000 percent, will go on trial on

Asia Financial News

Etihad allows flyers to bid to keep adjacent seats empty
Posted on Sunday June 25, 2017

THERE are few things that airlines will not now put a price on. Even so, Etihad Airways has come up with an intriguing idea. The Abu Dhabi-based carrier is offering

The prospects for the world’s biggest IPO
Posted on Thursday June 22, 2017

THE proposed sale of 5% of Saudi Aramco is not just likely to be the biggest initial public offering (IPO) of all time. “It’s like Gibraltar selling the rock,” as

General Motors is getting smaller but more profitable
Posted on Thursday June 22, 2017

THE headquarters of General Motors (GM) tower over the other skyscrapers in Detroit’s city centre, a reminder that the carmaker still rules the American market. Yet GM’s domestic might increasingly

Amazon’s big, fresh deal with Whole Foods
Posted on Thursday June 22, 2017

JEFF BEZOS does not like sitting still. In his annual letter to Amazon’s shareholders this year, he warned of “stasis. Followed by irrelevance. Followed by excruciating, painful decline. Followed by

India’s huge buffalo-meat industry is in limbo
Posted on Thursday June 22, 2017

IN A corner of the state of Uttar Pradesh (UP) stands a gleaming building dedicated to animal slaughter on an industrial scale. Neatly mown lawns lead the way to a