SEOUL, South Korea (AP) — Asian stocks were mostly higher Wednesday as a rebound in U.S. home construction data and a surprise announcement by the European Central Bank to frontload bond buying sent the greenback higher, giving a boost to Asian exporters.KEEPING SCORE: Japan’s Nikkei 225 rose 0.7 percent to 20,170.51 and South Korea’s Kospi gained 0.6 percent to 2,133.31. […]
Last Thursday we saw a tale of two biotech companies. If you need evidence investing in medical research stocks is a lottery, this is the story for you.First we have Sirtex Medical, a Sydney-based company that provides radioactive treatment to help extend the lives of patients suffering from liver cancers.Its shares jumped 28 per cent after it revealed stronger-than-expected results […]
A spike in long-term interest rates rattled investors Tuesday, nudging major U.S. stock indexes lower for the second day in a row.The market nearly clawed back all the way from an early slump that dragged the Dow Jones industrial average down as much as 180 points in the first half-hour of trading. The price of oil closed above $60 a […]
RobinhoodBaiju Bhatt and Vladimir Tenev.See AlsoAndreessen Horowitz VC Chris Dixon: In the next few years, we’ll see 10 companies worth a billion dollars in New YorkSean Rad gave a cringeworthy defense for why Tinder charges its older users more moneyUber has delivered 30 million rides in New York City since launching four years agoInspired by the 2011 Occupy Wall Street […]
In case you thought paying $7 to $10 to trade a stock in the US was bad, it costs $65 in Australia. So now that its zero-fee stock trading app is thriving stateside with hundreds of thousands of users, Robinhood is planning to go international, starting in Australia. A $50 million Series B cash infusion from NEA will fuel that expansion, […]
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I recently returned from Istanbul, Turkey. I had the opportunity to meet with a director of the central bank, along with stock exchange officials, regulators, major investors and one of Turkey’s wealthiest men, Ali Ağaoğlu, a flamboyant property developer known as “the Donald Trump of Turkey.”I also spent time with everyday citizens from store owners to taxi drivers and more. […]
SEOUL, South Korea (AP) — Stock markets in China and Hong Kong extended gains on Friday on expectations of further policy easing, but other stock markets in the region were subdued.KEEPING SCORE: Shanghai Composite index gained 1.1 percent to 4,241.57 while Hong Kong’s Hang Seng rose 0.3 percent to 27,821.62. South Korea’s Kospi inched up 0.1 percent at 2,141.53. Japan’s […]
The 4 Stocks That Dominated the Market ThursdayBy Paul Ausick March 12, 2015 4:01 pm EDTPrintEmail March 12, 2015: Markets opened higher on Thursday even though the report on U.S. retail sales was disappointing. Foreign markets contributed an interest rate cut (Korea), better-than-expected employment data (Australia), and rumors of more stimulus (China). Gold ticked up today, and crude oil dropped […]
Going into 2015 the economic outlook held by the U.S. investment establishment could not have been much more positive, and more unified. Pundits saw all the variables aligning to create the best of all investment worlds, a virtual “no-brainer” of optimism. Many believed that the 5.0% annualized growth in 3rd quarter would stay strong in the 4th Quarter and then […]
