The overheated Shanghai and Shenzhen markets have lost 29 and 32 per cent respectively over the past three weeks following 7-year highs reached on June 12.Instead of welcoming a much needed correction, Chinese brokerages and the Bank of China agreed to prop up the market.Stimulus Short-LivedThe stimulus act has failed already. The South China Morning Post reports Chinese Shares Close […]
The Capital Market Commission is expected to announce in the early hours of Monday the closure of the Greek stock exchange for at least a week, as financial activity in the country grinds to a halt.Following Sunday’s decision by the Systemic Stability Council (which includes the head of the Capital Market Commission) in favor of the week-long closure of the […]
Rendering of the Carnitas’ Snack Shack café that will be built at the Downtown waterfront. Construction is expected to take about six months. Lip-Smacking Carnitas’ Snack ShackFare Coming to the Downtown WaterfrontFor the last few years, North Park residents and others have been smacking their lips over the food offered at Carnitas’ Snack Shack, a modest walk-up restaurant on University Avenue that […]
SummaryAmerican stock investors and speculators started pouring capital back into gold this week in a serious way, aggressively buying GLD ETF shares.
This buying was so massive that GLD had to shunt enough stock capital into physical gold bullion to grow its holdings by their fastest pace in about 5 years.
And this is likely just the beginning, as American stock investors […]
Big Data has a lot of potential for true personalized one-to-one marketing. Combining different data sets to create a detailed view of your customers is a powerful tool to increase your sales and increase your conversion rates. Combining customer data with social data and mobile data, the ‘Data-triangle‘ as I explained earlier, can provide you with valuable customer insights. Quite […]
Russian Stock Market Up Despite Jay Carney ‘Short’ TalkBy Steven Dennis Posted at 12:24 p.m. on Aug. 28(Chip Somodevilla/Getty Images)It’s been more than five months since CQ Roll Call asked Jay Carney about the stock market in Russia — and he talked about shorting it. You’d have lost a bundle if you followed that advice.“I wouldn’t, if I were you, […]
If you’re a young, male driver, or you have one in your family, you are no doubt aware of the astronomical price of car insurance.This is obviously because drivers in this category are involved in a higher number of accidents, so it seems fair that they pay more to be on the road, right?But what about those young, male drivers […]
Saudi Arabia plans to open its stock market, the Arab world’s biggest, to direct investment by foreign financial institutions in the first half of next year. Photo: ReutersSaudi Arabia will open up its stock market to international investors, giving foreigners greater access to the Arab world’s biggest bourse as the oil-rich kingdom seeks to diversify its economy.The country’s cabinet authorised […]
Senators Focus on Improving Healthcare Through Big DataSenate Finance Committee leaders want to empower healthcare consumers through the widespread availability of health data.Committee Chairman Ron Wyden (D-OR) and Ranking Member Charles Grassley (R-IA) have queried stakeholders in healthcare about what would improve health data sharing and usage. This is a major issue for the Healthcare Leadership Council, which has released […]
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A consortium of 14 civil-liberties and other advocacy groups have come up with a list of civil rights principles for the big-data era.The organizations – including the American Civil Liberties Union, NAACP, National Council of La Raza and Common Cause – said the principles are needed because of the vast array of new data-gathering technologies.Declaring it “vitally important […]
