For the majority of Americans, stocks and bonds represent the two asset classes anchoring an investment portfolio. There is also real estate, perhaps some alternative investing and maybe collectible items that carry significant value. But at the end of the day, the performance of stocks and bonds will drive the overall wealth of investors in […]
Read moreDoctors are questioning claims that a rise in the use of “sexbots” could have medical benefits such as treating impotence, reducing the spread of disease, or preventing violent sexual behavior. Writing in the British Medical Journal (BMJ) Monday, Susan Bewley, professor of women’s health at Kings College London and Chantal Cox-George from St George’s University […]
Read moreEast African growth hub Ethiopia lifted its state of emergency two months early on Tuesday, and now could be the time for frontier market investors to dive in, according to analysts. “Ethiopia’s parliament has just ratified overwhelmingly the draft bill from the cabinet that lifts the state of emergency,” Fitsum Arega, the prime minister’s chief […]
Read moreBitcoin is not the “panacea” to solve the problems that people thought it would, Brad Garlinghouse, the CEO of blockchain start-up Ripple, told CNBC in an interview that aired Tuesday. Ripple is a San Francisco-based company that is developing a network for faster global financial payments. XRP is the digital token that financial institutions on […]
Read moreApple’s Chief Executive Tim Cook said Monday that talk of regulating technology companies is “fair” — even though he disagrees with it — because issues around privacy have “gotten totally out of control.” “Generally, for me, I’m not a big fan of regulation, I think self-regulation is the best,” Cook said in a CNN interview. […]
Read moreJapan’s Sharp said it will buy Toshiba’s personal computer business and issue $1.8 billion in new shares to buy back preferred stock from banks, highlighting a swift recovery under the control of Foxconn. The acquisition of the PC business for $36 million marks a return by Sharp to a market it quit eight years ago, […]
Read moreSpain has a new leader but many analysts believe he will not stay in power until the end of his mandate, potentially raising further uncertainty for market participants. Pedro Sanchez, leader of the Socialist Party (PSOE) became prime minister last week. This after he received support from anti-austerity and nationalist parties to oust the former […]
Read moreAnt Financial Services, the dominant Chinese fintech company, is shifting its main focus to technology services and away from payments and consumer finance as Beijing’s crackdown on financial risk deepens, four sources with knowledge of the matter said. The company, which is controlled by the Chinese billionaire Jack Ma, plans to accelerate the shift within […]
Read moreMcLaren Applied Technologies, the innovation and research arm of super-car maker McLaren, is looking to apply Formula 1 technology to Singapore’s subway. The British firm, which has long provided analytics for the international racing series, is focused on solutions for global motor sports, automotive, health and transport sectors, according to Chief Operating Officer Celia Gaffney. […]
Read moreState carrier Air China will resume regular flights between Beijing and Pyongyang on Wednesday, a company official said, as diplomatic relations improve between China and North Korea. China’s flag carrier indefinitely suspended flights between the two cities in November citing poor demand. The suspension came at a time when ties had been frayed by Pyongyang’s […]
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