WASHINGTON, Jan 6 (Reuters) – The location and nature of seismic activity reported in North Korea is consistent with previous nuclear tests there, U.S. government sources said on Wednesday after North Korea said it successfully tested a hydrogen nuclear bomb. read more >>> Source : Reuters
At CES 2016, Segway demonstrated a hoverboard that turns into a robot. read more >>> Source : CNN Money
NEW YORK, Jan 6 (Reuters) – The dollar added to earlier gains on Wednesday against a basket of currencies as a private report showed U.S. companies added the most workers in a year in December,… read more >>> Source : Reuters
BRITAIN’s top stock market tumbled into the red again today amid fears over China’s economy and North Korea’s nuclear bomb testing. read more >>> Source : The Daily Express
Valeant Pharmaceuticals, the embattled Quebec-based drug giant, has named an interim CEO as J. Michael Pearson remains in hospital for severe pneumonia. read more >>> Source : CBC.Ca
Stock futures were down hard, shadowing losses in European markets, as investors reacted to a wave of early news. Dow futures tanked 267.7 points below fair market value. Nasdaq 100 futures dropped 81.7 points. S&P 500 futures crumbled 32.9 points. Small caps were hit hard, with Russell 2000 futures slumping 20.4 points. A complex news […]
The start of a two-day rail strike in Belgium has almost completely paralysed train services in and around the capital, Brussels. read more >>> Source : BBC
Bell Media and iHeartRadio are creating a partnership to share and deliver digital radio content to a wide range of devices such as smartphones, tablets, gaming consoles and automotive entertainment systems. read more >>> Source : CTVNews.Ca
Sales at Chipotle are falling off a cliff. In a filing with the SEC on Wednesday, the fast food chain disclosed that for the month of December same-store sales — or sales at locations open for at least a year — were down 30%. This decline in sales follows an outbreak of E. coli tied […]
One of Canada’s biggest lenders will be raising rates on several of its mortgages starting Friday. read more >>> Source : CBC.Ca
* NOC appeals for unity against common enemy (Adds fifth tank on fire, detail, NOC comment) read more >>> Source : Reuters
NYC – 8 pm (est) Tuesday, January 5th / Los Angeles, CA – 5 pm (pst), Tuesday, January 5th/ London, England – 1 am (gmt) Wednesday, January 6th/ Pyongyang, North Korea – 10 am (kst — Korean Standard Time) Wednesday, January 6th — The US geological Service reports a 5.1 magnitude earthquake 30.4 miles outside […]
ABUJA, Jan 6 (Reuters) – International Monetary Fund chief Christine Lagarde told Nigerian lawmakers on Wednesday the Fund does not support foreign exchange restrictions and that any such measures… read more >>> Source : Reuters
Starboard Value, an influential activist investing firm, said Yahoo needs new management to succeed and that the past three years under CEO Marissa Mayer have been a failure. read more >>> Source : CNN Money
After a brief overnight calmer, the rupee once again turned shaky against the dollar and closed at 66.82 – its lowest level in more than two-weeks – on the back of frantic demand. read more >>> Source : EconomicTimes.IndiaTimes.Com
Private companies created far more jobs than expected, a bright sign for an economy that has been struggling. read more >>> Source : CNBC.Com
HOPEFUL homebuyers are falling prey to heartless criminals who steal their deposits and leave them with nothing. read more >>> Source : The Daily Express
Great news from the US for a change: 257K private sector jobs were created in December, much better than expected. November’s figure was marginally revised to the downside at 211K. This is a powerful signal for Friday’s official NFP. The US dollar is making more gains across the board. EUR/USD had already made an attempt […]
It’s hard to spot an asset price bubble, especially if you’re in the midst of one. Usually, people find out they’re in a bubble only after it bursts. Goldman Sachs’ David Kostin offers this interesting stock market chart in a new note to clients. It’s a favorite of his. It shows the sector composition of […]
A record National Lottery jackpot of £50.4m is expected to prompt a surge in ticket sales, operator Camelot says. read more >>> Source : BBC
Wednesday’s lottery prize will be the largest since last February. read more >>> Source : CNBC.Com
One of Canada’s biggest lenders will be raising rates on several of its mortgages starting Friday. read more >>> Source : CTVNews.Ca
BASILDON, England, Jan 6 (Reuters) – British businessman Tony Brown is ready to pay in Chinese yuan for the cuddly toys and other funfair stall prizes he buys from a handful of Chinese factories. But… read more >>> Source : Reuters
USDJPY USDJPY finally fell to a new low after a nice corrective bounce up into wave iv) which found resistance near 119.70. Now we are tracking a new five wave decline from that swing high which is still underway, pushing the price lower within the red wave v) that can hit levels around 118.00 today. […]
The Reserve Bank of India today fixed the reference rate of the rupee at 66.7165 against the US dollar and 71.7002 for the euro. read more >>> Source : EconomicTimes.IndiaTimes.Com
Fashion retailers in the U.S. and Britain may have lost as much as $1 billion in sales due to the very mild winter weather. read more >>> Source : CNN Money
The stock market’s ho-hum performance in 2015 didn’t affect the heads of these three tech companies. read more >>> Source : BankRate.Com
A Fed rate hike pulled mortgage demand forward, and made for a steep drop-off in the past two weeks. read more >>> Source : CNBC.Com
2015 was a volatile year for the stock markets and 2016 opened with a near obliteration of Chinese stocks on the first day back. And for this reason, technical analysts Michael Riesner and Marc Müller at UBS told clients in a research note on Wednesday morning that they should plough into gold (emphasis ours): Gold […]
Technologies drive progress in nearly every single aspect of our lives. We no longer send SMS, but use Viber, WhatsApp or any different messenger, our files are stored on google drive, dropbox and other services. It is clear that the general tendency of progress is to move all of the applications and services into the […]
MILLIONS of Santander customers will see the cost of their current account jump next week as the bank raises fees by 150 per cent. read more >>> Source : The Daily Express
LONDON, Jan 6 (Reuters) – Emerging equities fell to their lowest in 6-1/2 years on Wednesday as global markets continued to fret over China, while fresh yuan weakening pressured most emerging… read more >>> Source : Reuters
New research from Experian Automotive found that 10% of all luxury cars are registered in December. read more >>> Source : BankRate.Com
When the going gets tough, the tough build and monitor their ETF watch lists. When most investors are feeling skittish after a sharp stock market sell-off, the wise focus on the inevitable upside. Smart investors also consider the overall direction of the market when making buy and sell decisions. The IBD market direction recently shifted […]
BENGHAZI, Libya, Jan 6 (Reuters) – Fires caused by clashes between Islamic State militants and guards near Libya’s biggest oil ports have spread to four oil storage tanks that were still burning on Wednesday, a guards spokesman said. read more >>> Source : Reuters
Jumeirah Group, the global luxury hotel company and a member of Dubai Holding, has launched a new mobile platform to enhance the booking process for guests using a mobile or tablet device. The new upgrade offers a ‘three-step booking flow,’ which can load in under three seconds on 3G connections. read more >>> Source : […]
HSBC says its online banking services are now stable, following two days of disruption earlier this week. read more >>> Source : BBC
Will the US dollar remain king in 2016? The year may see two distinct parts, and not necessarily because of the US elections. A change may be coming to the euro-zone and uncertainty about the UK’s membership could stir speculation on the pound. China will likely be an even bigger mystery and continue rising in […]
* Britain’s Hammond stresses Hong Kong has its own judicial system read more >>> Source : Reuters
Prime Minister David Cameron has promised a vote on the matter by the end of 2017, but last month hinted it could come this year. read more >>> Source : EconomicTimes.IndiaTimes.Com
* MSCI world share index down for 5th day as Asia, Europe slides read more >>> Source : Reuters
The price of oil plunged to another historic low on Wednesday morning as global geopolitical tensions grow, the volatility of Chinese markets continues, and the global glut of oil gets even bigger. As of 10:30 a.m GMT (5:30 a.m ET) the price of Brent crude, the European benchmark, slipped to exactly $35 per barrel — […]
Growth in the UK service sector fell slightly in December, but remained “solid”, a closely watched survey suggests. read more >>> Source : BBC
Following a year of pain for the energy sector, there are no signs of recovery as 2016 begins, but optimism dies hard in the oilpatch. read more >>> Source : CBC.Ca
The Australian and New Zealand dollars, among those most sensitive to Chinese growth and markets, both sank more than 1 percent on the back of the yuan move. read more >>> Source : EconomicTimes.IndiaTimes.Com