European equities are poised to open lower on Thursday following a mixed closed in the U.S. and expected lower trading flows due to Thanksgiving. The FTSE 100 is seen down by 4 points at 7,401; the DAX is set to start lower by 37 points at 12,972; and the CAC 40 is set to open […]
Read moreA major robotic disruption appears set to hit the tea industry, putting at stake the livelihoods of millions of mostly low-wage workers around the world, according to the CEO of a global beverage business. At Sri Lankan tea company Dilmah, tea picking — a fundamental step in the production process — has been handled largely […]
Read moreSouth Korea is considering scrapping a regular military exercise with U.S. forces next year to minimize the risk of an aggressive North Korean reaction during the Winter Olympics in the South, the Yonhap news agency reported on Thursday. North Korea denounces regular military exercises between South Korean and U.S. forces as preparations to invade it, […]
Read moreSingapore’s economy grew much faster than initially estimated in the third quarter, and blew past analysts’ expectations, buoyed by strength in manufacturing activity. The economy grew 8.8 percent in July-September from the previous quarter on an annualised and seasonally adjusted basis, the Ministry of Trade and Industry (MTI) said in a statement onThursday. The government’s […]
Read moreThe world’s second-largest economy raised its hand this week to help halt the ongoing ethnic cleansing in Myanmar. But it’s not just altruism: China has an eye on ensuring stability for its hefty investments in the region. In the wake of rising brutality against Rohingya Muslims, an ethnic minority in Buddhist-majority Myanmar, China proposed a […]
Read moreCNBC’s Jim Cramer may not be a chartist, but he understands why charts are so important for predicting the market’s major moves. “You must consider them as if they are footprints at a scene of a crime. These footprints trace out what big money managers might be doing with their buying and selling of stocks,” […]
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