The Dow and S&P 500 aren’t the only ones to post a record week to start the year. Global markets like Japan’s Nikkei and the German DAX also had strong starts to 2018. Some market watchers see opportunities abroad as equity valuations in the U.S. appear historically stretched. The emerging markets ETF, the EEM, just […]
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To be aggressively optimistic on this stock market now is to bet that it can challenge the greatest bull market of all-time — the one that ended in early 2000. In terms of its cumulative gains, persistence, valuation and the public’s exposure to stocks, only the final years of the 1990s advance sit at higher […]
Read moreThe U.K. now looks to be seriously contemplating the idea that it could leave the EU without a fully-formed trade agreement with the rest of the bloc. Reports early Monday from The Telegraph newspaper said that U.K. leader Theresa May will appoint a “cabinet minister for no deal Brexit” this week. This is seen an […]
Read moreMarket capitalization has become an obsession with many cryptocurrency watchers. It refers to the value of the entire digital currency in circulation and is worked out by multiplying the supply of the virtual coin by the price per unit. With bitcoin, the largest cyrptocurrency by market cap, having a quiet start to the year, many […]
Read moreFrench President Emmanuel Macron was in China on Monday for a three-day state visit designed to bolster economic and political ties between Beijing and the euro zone’s second-largest economy. Improving trade and business relations is top of the agenda, with Macron leading a delegation of around 50 top business representatives to China. Like other nations […]
Read moreSpaceX successfully launched a secret U.S. government payload called Zuma on Sunday and landed its rocket back on Earth, in the company’s first mission of 2018. The Zuma spacecraft was attached to one of SpaceX’s Falcon 9 rockets. It was launched into orbit from the Cape Canaveral Air Force Station in Florida. The Falcon 9 […]
Read moreAn Iranian oil tanker that caught fire after colliding with a freighter off China’s east coast is at risk of exploding and sinking, Chinese state media reported Monday as authorities from three countries struggled to find its 32 missing crew members and contain oil spewing from the blazing wreck. State broadcaster China Central Television, citing […]
Read moreVirtual reality was identified as a growth area in China’s latest five-year development plan. That’s good news for VR firms such as Jaunt China, the company said Monday. “That’s a very interesting thing to put in their government documentation. You don’t see the United States doing that, or other countries. China has this amazing vision […]
Read moreNvidia has partnered with Uber, Volkswagen and China’s Baidu in driverless cars, as the chipmaker looks to expand its presence in the autonomous driving space. Ride-hailing service Uber will use Nvidia’s chips for its artificial intelligence (AI) computing system in its fleet of self-driving cars, the companies said at the Consumer Electronics Show (CES) in […]
Read moreBig banks might not be jumping on the bitcoin bandwagon just yet, but other institutional investors are likely to warm up to cryptocurrencies this year. “I think there is caution, but it depends on which sort of institutions you’re talking about,” Michael Casey, senior advisor at the Digital Currency Initiative at MIT Media Lab, told […]
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