Toyota, the world’s top-selling automaker, will stop producing vehicles at all assembly lines across Japan for an entire week because of a parts shortage. read more >>> Source : CNN Money
Activity in China’s manufacturing sector contracts for the sixth month in a row in January, hitting its lowest level since 2012. read more >>> Source : BBC
SHANGHAI (Reuters) – Activity in China’s manufacturing sector contracted at its fastest pace in almost three-and-a-half years in January, missing market expectations, an official survey showed on Monday. The official Purchasing Managers’ Index (PMI) stood at 49.4 in January, compared with the previous month’s reading of 49.7 and below the 50-point mark that separates growth […]
By Paul Foster, Senior Director, Creative Content at Getty Images As the January blues set in and the winter layers build-up, we find ourselves reminiscing about the year that has passed; however, 2016 has a myriad of visual delights to look forward to, as the advertising industry prepares for a year dominated with images depicting […]
* China data not bad enough to provide lift for safe-haven yen read more >>> Source : Reuters
By Samuel Shen and Pete Sweeney SHANGHAI (Reuters) – Chinese shares got off to a halting start on Monday after an official measure of activity in the giant factory sector fell to its lowest since mid-2012, offering no respite from the economic drift that has dogged markets for months. The official version of the PMI […]
HSBC is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters. read more >>> Source : CNBC.Com
SEOUL, Feb 1 (Reuters) – South Korea’s Hyundai Merchant Marine Co Ltd (HMM) plans to seek another buyer for its majority stake in stock brokerage Hyundai Securities Co Ltd , an HMM spokesman said on Monday. read more >>> Source : Reuters
Two major global banks, Barclays and Credit Suisse, are paying a combined $154.3 million to settle government investigations that they misled clients about being able to safely trade on their “dark pool” financial exchanges, the Securities and Exchange Commission and the New York Attorney General’s office said Sunday. read more >>> Source : CTVNews.Ca
Indonesia’s capital, Jakarta, is seeing a growing number of transport services catering exclusively to women. read more >>> Source : BBC
By Henning Gloystein SINGAPORE (Reuters) – Oil prices fell in early trading on Monday after South Korea posted its weakest export data since 2009 and the prospect of a coordinated production cut by leading crude exporters seemed remote. Front-month Brent crude was trading at $35.55 per barrel at 0047 GMT, down 44 cents or over […]
TOKYO, Feb 1 (Reuters) – Asian shares started a new month on somewhat firmer footing on Monday, helped by accommodative monetary policies in Japan and Europe, but traders were cautious ahead of China… read more >>> Source : Reuters
LAEM FA PHA, Thailand, Feb 1 (Thomson Reuters Foundation) – S urakit Laeaddee walks along the narrow banks of earth dividing his organic shrimp and fish ponds, rests under the shade of a tree he recently planted, and points to the lush mangroves marking out his plot. read more >>> Source : Reuters
THE City will want to hear more of BT’s plans now that it has completed its £12.5billion merger with telecoms rival EE when it reports third-quarter results today. read more >>> Source : The Daily Express
These housing markets seem to be “beating the winter chill” as homes move more quickly this winter than the rest of the nation…. read more >>> Source : Realtor.org
As a business owner, you expect to work long hours and wear many hats. But, there comes a time when “enough is enough.” You make a decision to get some help. Depending on how long and how hard you’ve been working, your first reaction might be to hire the first promising candidate that applies or […]
United Airlines says CEO Oscar Munoz is doing well after undergoing a heart transplant surgery Wednesday morning. Munoz is expected back to work in the spring. read more >>> Source : CNN Money
Clothing retailer Gap, which operates stores under its own brand as well as Banana Republic and Old Navy, said Thursday that a key sales measure fell 5 per cent for the five-week period ended Jan. 2. read more >>> Source : CTVNews.Ca
WASHINGTON, Jan 7 (Reuters) – The Federal Reserve was closely monitoring the sell-off in stocks that shook world markets on Thursday, while U.S. Republican presidential candidates took aim at Chinese… read more >>> Source : Reuters
Most energy stocks have tanked with the price of oil. Not Valero Energy (VLO). The world’s biggest independent oil refiner is up 50% over the past year, while the S&P 500 is down slightly and the 39-stock oil and gas refining group has dropped 14%. The stock is currently getting support at its 10-week moving […]
The Reserve Bank of India would not aggressively defend a falling rupee to make exports competitive, and instead allow it to slip along with the Chinese yuan. read more >>> Source : EconomicTimes.IndiaTimes.Com
As The Economist is reporting in its upcoming January 9th print edition that Saudi Aramco, the Saudi state-owned oil company believed to be the world’s most valuable company, might issue shares for the first time in its history. Aramco is a monster. As The Economist notes, the company produces 10 million barrels of oil each […]
The one question nobody has ever said “no” to: Do you want to make more money? Almost every New Year’s resolution list includes something about making more money. By asking for a raise. Getting a promotion. Perhaps starting a side business to generate additional income Or taking a leap of faith to start your own […]
Most major indexes have something called “circuit breakers,” a mechanism that temporarily shuts down trading when markets become too volatile, allowing traders and investors a “cooling off period” to make the right decisions. read more >>> Source : CBC.Ca
Stocks dropped more than 2% in higher volume after China devalued its currency, fanning concerns about the world’s No. 2 economy. The Nasdaq sank 3%, the S&P 500 declined 2.4% and the Dow Jones industrial average lost 2.3%. Volume rose 22% on the NYSE and 20% on the Nasdaq compared to Wednesday, according to preliminary […]
SAN FRANCISCO, Jan 7 (Reuters) – A Chinese steel manufacturer faces renewed U.S. criminal charges over allegations that it arranged to improperly obtain confidential trade secrets from DuPont and got access to hacked information from the U.S. company’s computers. read more >>> Source : Reuters
The word radical is one of my favorites. It stems from the Latin word for root, radix. In fact, the English term doesn’t veer that far from its Latin origins. Among its “E-mail today is like playing whack-a-mole on groundhog day,” says Graeme Bodys, CEO of nooQ, a communication platform that collects and stores the […]
It was an ugly day on Wall Street. Overnight, stocks in China were halted. Oil hit a 14-year low. Stocks in the US got buried. And so for the third time this week stocks got slammed as stocks have managed to completely stumble to start the year. The scoreboard: Dow: 16,514, -391, (-2.3%) S&P 500: […]
* Dow index on track for worst start to a year in over a century read more >>> Source : Reuters
Wine offered investors a glass of Christmas cheer with sales up 12 per cent in the 10 weeks to January 4. read more >>> Source : The Daily Express
Maple Leaf Foods Inc. is offering to hire Syrian refugees to fill vacant jobs at two of its meat plants. read more >>> Source : CTVNews.Ca
read more >>> Source : Investors.com
Apple has purchased Emotient, which uses facial-recognition technology to determine a person’s emotions. read more >>> Source : CNN Money
* Dollar index posts biggest drop in nearly a month (Updates to late market action) read more >>> Source : Reuters
NEW YORK, Jan 7 (Reuters) – New York’s Mayor Bill de Blasio has submitted a resolution to the city’s police pension fund, urging it to consider exiting investments in companies that manufacture assault weapons for civilians, the mayor’s office said on Thursday. read more >>> Source : Reuters
The US dollar has gained against commodity currencies and the pound, but is ceding territory to the safe haven euro and yen. Yet the team at BNP Paribas explains how the greenback could regain ground, especially against the yen: Here is their view, courtesy of eFXnews: BNP Paribas outlook for the USD remains favourable as […]
Men and boys on the streets of Sana’a, Yemen’s largest city, sell fuel for cars and generators out of jerry cans, water bottles and barrels. The fuel black market is one of the few ways to keep a family afloat during this relentless war, they say. Meanwhile, airstrikes are only getting worse. “Yemen is under […]
Investors should be most concerned about THIS when weighing the situation in China, Art Cashin of UBS says. read more >>> Source : CNBC.Com
Valeant Pharmaceuticals’ new interim CEO Howard Schiller isn’t staying the course while J. Michael Pearson is hospitalized. In interview with the Financial Times’ David Crow, Schiller, a former Valeant CFO, said the company will steer clear of price increases for the foreseeable future. Valeant’s practice of buying off-patent drugs and drastically increasing the price came […]
Boeing looks to have cemented its position as the world’s biggest aircraft manufacturer after delivering a record 762 planes last year. read more >>> Source : BBC
If the brand new 2016 American Girl doll Lea Clark were to be driving in a 2016 Ford Focus RS — my household would explode. We couldn’t handle that sort of energy. My seven-year-old daughter wants the new 2016 American Girl doll so bad she can hardly speak about it. Likewise, I want the new […]
BENGHAZI, Libya, Jan 7 (Reuters) – A car bombing at a checkpoint in the Libyan oil port of Ras Lanuf left seven people dead and 11 wounded on Thursday, a Petroleum Facilities Guard spokesman said. read more >>> Source : Reuters
Facebook ‘On This Day’ feature triggers unpleasant memories of Charlie Hebdo Attacks. read more >>> Source : CNN Money
Cable and satellite television providers have to change their bills to make them easier for customers to understand, Canada’s broadcast regulator says. read more >>> Source : CBC.Ca
MEXICO CITY, Jan 7 (Reuters) – The depreciation of the Chinese yuan risks triggering a cycle of competitive devaluation and is causing enormous worry in the world’s financial markets, Mexican Finance… read more >>> Source : Reuters