China stock fall despite property easing; HK dragged lower by energy, insurers
Posted on* Hong Kong insurance plays tumble on China purchase restrictions read more >>> Source : Reuters
* Hong Kong insurance plays tumble on China purchase restrictions read more >>> Source : Reuters
South Korea’s government unveils new stimulus measures following a raft of disappointing economic data for the export-dependent nation. read more >>> Source : BBC
Major oil producers have been posting poor results, which will result in continued job cuts, says Andy Lipow, president of Lipow Oil Associates. read more >>> Source : CNBC.Com
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_02032016.pdf FACTORS TO WATCH 9:00 am: Farm Minister Radha Mohan Singh at commodity… read more >>> Source : Reuters
The art of telling stories may have started with bedtime tales told to little ones, but has evolved over decades to find a place in corporations and businesses. Increasingly adopted by successful executives and industry leaders, the art of storytelling is nowadays even being taught to the broader corporate world, to help them win more […]
Cadillac is ditching its premium luxury hybrid — the ELR coupe. The $58,000 car has had an unceremonious run as Cadillac’s feisty plug-in. It pulled onto dealer lots in 2013 with a much higher price tag — close to $76,000 back then — but it never caught on with buyers. Cadillac’s president, Johan de Nysschen, […]
U.S. crude was on track for a third straight day of losses as hopes faded that major oil producers would agree to an output cut. read more >>> Source : EconomicTimes.IndiaTimes.Com
NBN Co will not reavel to Senators how much FttN or FttDP will be rolled out in Australia, citing commercial in confidence. read more >>> Source : ZDNet.Com
BEIJING (Reuters) – Once China’s biggest peer-to-peer (P2P) lending platform, Ezubao collected 50 billion yuan ($7.6 billion) in less than two years from more than 900,000 investors through savvy marketing and the promise of big returns. read more >>> Source : Reuters
Feb 2 (Reuters) – A major storm system brought a mix of bad weather on Tuesday to much of the central United States, with a band of tornadoes downing trees in Alabama and Mississippi and heavy snow blanketing the northern Midwest. read more >>> Source : Reuters
U.S. oil futures extended losses in early Asian trade on Wednesday as U.S. crude stocks last week surged, stoking concern over global oversupply. read more >>> Source : CNBC.Com
The internet company Yahoo is cutting its workforce by about 15% in an attempt to improve its profitability. read more >>> Source : BBC
roundbreaking Ambient Intelligence Technology Responds to Human Movement, Creating Innovative ‘Living’ Hotel and Virtual Concierge Experiences Inside, While a Four-Story LED Clock at the Top of the Building Enhances the Skyline read more >>> Source : HotelNewsresource.Com
(Reuters) – Yahoo Inc said on Tuesday it would consider “strategic alternatives” for its core Internet business and cut about 15 percent of its workforce, even as it continues with its plan to revamp the business and spin it off. read more >>> Source : Reuters
The visual effects supervisor behind The Walk talks about using the cloud to bring the film to life read more >>> Source : BBC
Chinese conglomerate Alibaba Group has led a $793.5 million investment round for Florida-based augmented reality firm Magic Leap, with continued investment from Google and Qualcomm. read more >>> Source : ZDNet.Com
OLDER people are fleeing to the safety of annuities as the stock market meltdown ravages their pensions. read more >>> Source : The Daily Express
A new survey finds real estate one of the leading industries for happiness and job satisfaction. What traits bring success to brokerages and real… read more >>> Source : Realtor.org
Yahoo will cut about 15 percent of its workforce as part of a strategy to turn the troubled Internet company around. The long-anticipated purge announced Tuesday will jettison about 1,500 jobs, close some offices worldwide and explore selling some assets. Yahoo expects that by the end of this year it will have approximately 9,000 employees […]
The Navajo Nation is seeking potentially millions of dollars from Urban Outfitters Inc. over clothing, jewelry and other merchandise bearing the tribe’s name that the popular retailer has sold. read more >>> Source : CTVNews.Ca
Earnings season is in full effect, and recent results from IBD 50 names Facebook (FB) and Starbucks (SBUX) did not disappoint. Several IBD 50 names are set to report soon, including auto parts retailer O’Reilly Automotive (ORLY). Shares have been on a tear since mid-January, with many gains coming in above-average volume. Results are due […]
Yahoo is laying off about 1,700 employees and shedding some of its excess baggage in a shake-up likely to determine whether CEO Marissa Mayer can save her own job. read more >>> Source : CBC.Ca
Seasonality cannot always be explained but it’s certainly another pattern to look out for. The team at ANZ show that February is a good month for going long Aussie against the USD: Here is their view, courtesy of eFXnews: Long AUD/USD is the best seasonal FX trade for the month of February, notes Australia and […]
An annuity may make your retirement more secure, but buy cautiously. read more >>> Source : BankRate.Com
There was red all over the screen on Tuesday as stocks got slammed, oil got slammed, and Treasuries rallied in a classic risk-off session. After oil and stocks diverged on Monday — stocks did nothing and oil sank — both oil and stocks fell in tandem on Tuesday. First, the scoreboard: Dow: 16,154, -294, (-1.8%) […]
Good news for Ferrari owners wasn’t quite so good for the automaker’s shareholders. read more >>> Source : CNBC.Com
(Reuters) – Yahoo Inc is expected to announce on Tuesday that it is exploring “strategic alternatives” for its struggling Internet business, a person familiar with the matter said. read more >>> Source : Reuters
* More planes could later be acquired (Releads with signing, adds civil aviation minister) read more >>> Source : Reuters
You might say Leggett & Platt (LEG) is a stock you can sleep with. The company patented the bedspring in 1885, a high-tech advance that offered the most comfortable night’s sleep a 19th century denizen could hope for. Today, it makes state-of-the-art quilting, sewing, and wire-forming equipment for the bedding industry and supplies a wide […]
MEXICO CITY, Feb 2 (Reuters) – Mexico’s central bank on Tuesday said it sold $200 million of $200 million offered in its second auction during the session after a sharp slump in the peso currency. read more >>> Source : Reuters
CNBC’s Morgan Brennan dives into the latest results from BP and Exxon Mobil. read more >>> Source : CNBC.Com
An S&P 500 10% below its May high and a Nasdaq down 13% from its peak in July take a toll on the number of stocks able to meet the strict requirements that drive the Sector Leaders list. A year ago, as the market was gearing to swing into this lengthy consolidation, the Sector Leaders […]
We’re finally about to get Chipotle’s first earnings results since the E. coli outbreak linked to it. After the market close on Tuesday, the restaurant chain is expected to confirm that its quarterly sales fell for the first time since it went public about a decade ago. The E. coli outbreak linked to Chipotle, first […]
The International Labor Organization is launching a program to find decent, sustainable jobs for the world’s 74 million unemployed youths. Director-General Guy Ryder said the world is facing a “global employment crisis,” which is disproportionately affecting young men and women. “If you’re under 25 years old, you are three times more likely to be unemployed […]
Federal lawmakers have released excerpts from thousands of documents detailing how two drugmakers hiked prices to squeeze more revenue from some life-saving medicines, a practice that has recently sparked public outrage. read more >>> Source : CBC.Ca
Without a single Committee Democrat voicing support, the House Education and the Workforce Committee reported out two bills earlier today that purport to require all financial professionals to act in the best interests of their customers when providing retirement investment advice. Clearly, Committee Democrats saw through the pretense and recognized that these bills would codify […]
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Students don’t know much about their college loans (Lendedu) Student loan marketplace Lendedu says 7 out of 10 students leave college with at least some student debt, and on average with a bill of just less […]
Ontario’s insurance regulator has approved coverage for drivers using ride-hailing services such as Uber, even as the province’s legislature has yet to decide if such services are legal. read more >>> Source : CTVNews.Ca
Location: New York City Position Type: Full Time About the Role: The Huffington Post is known for its sleep coverage. We launched a dedicated sleep section in 2007, and we continue to vigorously report on the benefits of sleep and how it affects every aspect of our lives, from our health and happiness to our […]
Despite boasting several advantages, including refueling time and overall efficiency, hydrogen fuel cell vehicles (FCVs) are loosing badly to battery-powered electric vehicles, (BEVs) a study by the University of Michigan found. The study, authored by Brandon Schoettle and Michael Sivak of the university’s Transportation Research Institute, concluded that limited infrastructure is likely the largest contributor […]
EUROPE’S biggest economy was plunged into fresh chaos tonight amid warnings a new financial crisis in Germany could destroy the EU. read more >>> Source : The Daily Express
WASHINGTON, Feb 2 (Reuters) – U.S. Defense Secretary Ash Carter said on Tuesday the Pentagon would seek a $582.7 billion defense budget next year and reshape its spending priorities to reflect a new strategic environment marked by Russian assertiveness and the rise of Islamic State. read more >>> Source : Reuters
Advocacy group ACORN Canada says some low-income Canadians are having to take money from their rent and food budgets to pay for the Internet. read more >>> Source : CTVNews.Ca
California’s attorney general is suing the gas company that failed to contain or report an LA gas leak. read more >>> Source : CNBC.Com
(Adds background, detail and analyst comment) WELLINGTON, Feb 3 (Reuters) – A sharp fall in prices at the GlobalDairyTrade auction on Tuesday will add to pressure on New Zealand farmers, the majority… read more >>> Source : Reuters