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Global fund investors to U.S. stocks: Drop dead
Global fund investors are dropping U.S. stocks like a rattlesnake on meth. But emerging markets stocks? Sparkly unicorns. TrimTabs Investment research says that investors have yanked a net $15.4...
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Japan’s Takeda agrees to pay $2.4B ln in diabetes drug suit
Japan’s largest drugmaker Takeda Pharmaceutical Co. said Wednesday it has agreed to pay $2.4 billion to thousands of patients and their families over its diabetes drug Actos which has been linked to...
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Euro zone economy picks up pace but Germany lags
A slowdown in Germany weighed on the euro zone in the first quarter, but the bloc’s economy still grew at its fastest in almost two years as cheap food and fuel boosted spending and a central bank...
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One year later, India’s economy brightens under Modi
When Narendra Modi became prime minister a year ago on a promise to revive India’s once-sparkling economy, inflation was running at 9% and economic growth had slowed to less than 5% — half the pace of...
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Deutsche Bank agrees to $55M SEC penalty
Deutsche Bank agreed to pay $55 million Tuesday to settle allegations the German banking giant mis-stated paper losses of at least $1.5 billion during the global financial crisis. The U.S. Securities...
View ArticleWait continues for easier access to mainland China shares
Want an easier way to invest in shares of Mainland China stocks? Well, that day is getting closer, but investors will have to wait a little bit longer. Currently, American investors that want to buy...
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Air seeps out of Chinese stock ‘bubble’
The mainland Chinese stock market, which had gained more than 150% in a year’s time, prompting bubble warnings, seems to be deflating, as shares dipped 13.3% this week. The Shanghai composite index had...
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Greece and creditors meet Monday in 11th-hour bid to avoid default
Greece and its eurozone creditors are scheduled to meet Monday in a last-ditch effort to avert a default that could shake global financial markets and result in the debt-plagued country’s exit from the...
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Stocks surge on Greek debt deal optimism; Nasdaq hits record
Stocks surged Monday as a relief rally around the globe is underway that sent the Dow up more than 100 points and the Nasdaq to an all-time record high. Stock markets in Europe are up sharply and...
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European leaders meet on whether to rescue Greece or cut it loose
The leaders of the 19 nations that use the euro debated Sunday whether to rescue Greece from the brink of financial ruin or cut the country loose from the currency bloc and let it fend for itself. The...
View ArticleEven in defeat, Greece sends powerful message to Europe
The deal agreed to Monday between Greece and its creditors was hard fought, and even if Athens did not come out on top, the lengthy negotiations call to mind another Greek battle: the Battle of...
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U.S., Iran reach historic nuclear ‘understanding’
Iran and six world powers on Thursday agreed on “key parameters” for resolving a long-standing dispute over Iran’s disputed nuclear program, which has left the Islamic nation economically isolated....
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Greece says ready to make IMF payment on April 9
Greece will repay a loan tranche to the IMF on time on April 9, its deputy finance minister said on Friday, seeking to quell fears of default after a flurry of contradictory statements on the issue in...
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Netanyahu blasts Obama’s Iran nuclear deal
Israel Prime Minister Benjamin Netanyahu took his protest of the Iran nuclear agreement to the U.S. airwaves on Sunday. “This deal will both threaten us and threaten our neighbors,” Netanyahu said on...
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Japan stocks beat U.S. as funds soar 10.7% in Q1
If you sent your money abroad in the first quarter, you got some handsome returns — and the further you sent it, the better. The Standard & Poor’s 500 stock index rose 0.6% in the first quarter,...
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Hong Kong shares soar as mainland China investors buy in
The new system that connects stock markets in mainland China and Hong Kong is creating a buying frenzy in Hong Kong’s Hang Seng index as Shanghai-based investors look south in search of values. For the...
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Russia lifts ban on advanced air defense to Iran
Secretary of State John Kerry, members of Congress and Israeli leaders are protesting a decision by Russian President Vladimir Putin to lift a ban on transferring one of the world’s most advanced...
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EU accuses Google of abusing Internet search dominance
The European Union’s competition regulator on Wednesday accused Google of illegally abusing its dominance of the Internet search market in Europe by favoring its own comparison-shopping product when...
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IMF faces tipping point over Greece
It was perhaps inevitable that the Greek crisis would hijack the spring meeting of International Monetary Fund this week, but the damage to the international lending agency could grow much worse as the...
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Five years after the spill: BP still leaking
BP faced a major crisis exactly five years ago. Today, the oil giant is still facing a crisis – just a different one. On April 20, 2010, the Deepwater Horizon oil rig blew up – causing an oil spill to...
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Nikkei closes above 20,000 for first time in 15 years
The jury may still be out on “Abenomics,” but Japanese investors are rendering at least an interim verdict on the economic policies of Prime Minister Shinzo Abe: thumbs up. The 225-issue Nikkei Stock...
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Major aftershock hits Nepal as search for quake survivors intensifies
The Kathmandu area of Nepal was struck by a magnitude-6.7 aftershock Sunday, just a day after a massive earthquake in the region killed over 2,000 people and devastated a large swath of the capital...
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Japan PM Abe visits USA amid controversial WWII remarks
Japan Prime Minister Shinzo Abe begins a historic, week-long visit to the United States on Sunday that will highlight strengthened trade and defense ties between the two countries, and feature the...
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World markets stage mixed comeback
Battered world financial markets attempted to reclaim lost territory Wednesday with mixed success. In Asia, Tokyo’s benchmark Nikkei 225 index gained 570.13 points, or 3.20%, closing at 18,376.83. The...
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China issues blueprint for state industry overhaul
China’s Communist Party has issued a long-awaited blueprint for overhauling bloated state industries even as it aims to retain the party’s dominance in the economy. The plan comes at a time when the...
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Terror and markets: Sell-offs tend to be short-lived
The deadly terror attacks in Paris are likely to strike financial markets, too, when trading resumes Monday. But the initial losses expected in risk assets like stocks and the shift into safer holdings...
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Chinese stocks fall 5.5%, other Asian markets down
China’s main stock market index fell more than 5% on Friday after two securities firms said they are under investigation for possible misconduct. The Shanghai composite index closed 5.5% lower at...
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Japan sidesteps recession, revised growth at 1%
Japan sidestepped recession last quarter: Revised data released Tuesday showed its economy grew at an annual 1.0 percent pace instead of shrinking. A previous estimate had shown the world’s...
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China angst shows markets as fragile as fine china
On the first day of trading in 2016, China lived up to its reputation as a “shock to watch” in the new year, as a nearly 7% stock plunge in Shanghai revived bad memories of last summer’s China-inspired...
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Oilprice.com: Saudi-Iran dispute won’t boost oil
Oil prices jumped on the first trading day of 2016 as Middle East tension outweighed a selloff in financial markets around the world. Oil markets remain oversupplied and depressed, but geopolitical...
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China launches probe of Microsoft’s data practices, alleging “major problems”
The Chinese government expanded its probe of Microsoft’s business practices in the country, alleging “major problems” in the company’s electronic data. In a statement, China’s State Administration for...
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China woes continue as benchmark plunges 5%
Chinese stocks started the week with heavy losses, diving more than 5% Monday as other global markets also fell. U.S. stock futures were marginally higher. The Shanghai composite index plunged 5.3% to...
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EU orders 35 companies to pay $765M in taxes
Thirty-five large companies have been ordered to fork over $765 million in tax breaks that European Union regulators have ruled were illegally provided by Belgium. The European Commission, the EU’s top...
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Chinese economic growth in 2015 was weakest in 25 years
China’s economy grew at its slowest rate in 25 years last year, according to official statistics released today. The Communist-led country saw its economy expand 6.9% overall in 2015 and 6.8% the last...
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Chinese stocks dive more than 6% as oil falls
China’s benchmark index plunged more than 6% Tuesday, after a renewed slump in oil prices kept investors on edge about the global economy. The Shanghai composite index dived 6.4% to 2749.79 — its...
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Europe racks up billions in deals with Iran now that sanctions are lifted
Europe is racking up billions in deals with oil-rich Iran as its president, Hassan Rouhani, makes a goodwill tour less than two weeks after the lifting of international sanctions on the Islamic...
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Global markets rally as Japanese stocks surge 7% on extra stimulus hopes
European and Asian markets rallied Monday as Japanese stocks surged after dismal growth data raised hopes of extra stimulus from Tokyo. Japan’s Nikkei 225 index rebounded from a 5% dive last week to...
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Chinese stocks plunge more than 6%
China’s Shanghai composite index plunged more than 6% Thursday — its biggest one-day drop in a month — amid ongoing fears about the health of the world’s second largest economy. The benchmark dived...
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Hopes of business-friendly reforms in India fade
Even as India shines as a rare bright spot in a sluggish global economy, the country’s business-savvy prime minister is watching his popularity wane. Narendra Modi swept into power in May 2014 on the...
View ArticleChina takes control of global silver prices
China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an official participant in setting prices for one of the world’s most important...
View ArticleAnavex to Participate in Phase 3 Clinical Trials Panel at AD/PD 2015
NEW YORK, March 17, 2015 — Anavex Life Sciences Corp. (“Anavex” or the “Company”) (AVXL), a clinical-stage biopharmaceutical company developing drug candidates to treat Alzheimer’s and other central...
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Metal Caskets Come With Big Discounts on MillionaireCasket.com
MillionaireCasket.com, a leading casket company, is now introducing its new metal casket collection in order to expand its global market share. The promotion will be valid before 30 April, 2015....
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JJ’sHouse has drastically cut prices to all its prom dresses
JJ’sHouse knows how important a great prom dress is for a woman. Recently, the business has drastically cut prices to all its prom dresses. Now, all the prom outfits and gowns from JJ’sHouse are...
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Americans to drop $4.6B to party on St. Pat’s Day
More than half the nation plans to celebrate St. Patrick’s Day, and millions will be doing it with a glass of beer. Or several. Americans will spend $4.6 billion to party and people will down 13...
View ArticlePerpetual Plastic Innovative and Eco-friendly Waste Management System
Organization Has Launched a Kickstarter to Bring the Project to Australia Brisbane, Australia – March 18, 2015 – Perpetual Plastic is an innovative and sustainable way to effectively recycle plastic...
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PFree The Natural Hemorrhoid Solution Creates New Piles Symptoms Editorial To...
Early diagnosis and treatment of hemorrhoids can help save weeks of discomfort and pain, and PFree has created a new guide to ensure people identify and treat piles naturally and effectively....
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U.K. on Brink of Falling Prices as Inflation Rate Drops to Zero
Inflation slumped to zero in February, putting Britain on course for its first period of falling consumer prices in more than half a century. The slowdown from 0.3 percent in January was sharper than...
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3rd American listed among dead in German plane crash
A third American was listed Wednesday among the 150 people killed in the crash of a German airliner in the French Alps, where investigators are still searching through five acres of debris for a...
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Report: Co-pilot convinced captain to leave cockpit
The co-pilot of the doomed Germanwings flight repeatedly suggested that the captain leave the cockpit, then locked him out and stymied his desperate efforts to return, according to media reports...
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Strongest rally in eight years for Chinese stocks
China’s Shanghai Composite Index headed for the longest winning streak since April 2007, led by technology and property companies, after the government signalled it was comfortable with the pace of the...
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