Money

U.S. stocks fall again on North Korea tensions

U.S. stocks fall again on North Korea tensions The Korean won KRW=KFTC also continued to skid, sliding 0.3 percent to 1,145 won to the dollar, after earlier sinking to its lowest level in a month. U.S. Low U.S. Treasury yields are also weighing on the dollar. Insurers and banks, which invest in higher-yielding products such as foreign bonds, underperformed after U.S. [Full Article...]

GoDaddy kicks off neo-Nazi site for violating terms of service

GoDaddy kicks off neo-Nazi site for violating terms of service If the threat from GoDaddy is genuine, the move could put the lights out for Stormer before the end of Monday unless the website makes other hosting arrangements. Anonymous tweeted that it had "no confirmation" that its hackers were involved and suggested that the Daily Stormer was behind the stunt . But a Twitter account claiming to be linked to Anonymous said it could not confirm that the... [Full Article...]

North Korea Has Markets Nervous But Not Panicked

North Korea Has Markets Nervous But Not Panicked This week, the S&P 500 started on a stronger note by rising to a new record high . 'We do just not know what happens next with the North Korea situation, ' said BNY Mellon FX strategist Neil Mellor. Stocks around the world fell sharply on Thursday and investors moved into the yen, gold and other safe-haven assets amid more aggressive talk between the United States and North Korea. [Full Article...]

Bitcoin Surges Past $4000 on Speed Breakthrough

Bitcoin Surges Past $4000 on Speed Breakthrough The price of bitcoin is up 25% in August, and more than 280% this year. Its price has already surged higher than it was predicted by the head of technical strategy at Goldman Sachs, Sheba Jafari, who suggested that the digital currency would rise to about $4,000 by the end of 2017. [Full Article...]

Commonwealth Bank announces retirement of CEO

Commonwealth Bank announces retirement of CEO It was comparatively a smaller amount than the $12.3 million he received a year earlier. Commonwealth bank CEO Ian Narev will step down in the wake of accusations the bank breached federal anti-money laundering laws. Livingstone told reporters the board had full confidence in Narev, and would be looking for someone with a strong moral compass and dedication to transparency to Succeed Narev. [Full Article...]

'Annabelle: Creation' Tops Weekend Box Office

'Annabelle: Creation' Tops Weekend Box Office The film, like its predecessor, was trashed by critics, falling at an 11 percent on Rotten Tomatoes . Sandberg directed, and the cast includes Anthony LaPaglia , Miranda Otto , and Stephanie Sigman . Instead, " Creation " has almost matched the opening results of the first " Annabelle ", which made $37.1 million in 2014. When the evil mayor of Oakton decides to bulldoze Liberty Park and buil... [Full Article...]

Equities fall on rising tension between US & North Korea

In the first four days of the week, the Standard & Poor's 500 index swung from marking its latest record high to posting its biggest single-day drop in almost three months. lost 1.58 Canadian dollars (1.24 USA dollars), or 9.4 percent, to 17.89 Canadian dollars (14.09 dollars), after the company said its subsidiaries in Australia were the subject of a tax audit. [Full Article...]

Dollar hits 8-week low vs yen on intensifying N.Korea tensions

Falls were also seen on Wall Street, with the Dow Jones Industrial Average down 0.5% about 15 minutes into trading and the Nasdaq tumbling by 0.6%. Regeneron Pharmaceuticals led the pack, adding $4.47, or 1 percent, to $474.15. US DATA: The other potential driver in markets will be upcoming USA economic data, including monthly inflation figures, which could go a long way to determining exp... [Full Article...]

It turns out deputy PM Barnaby Joyce might be a Kiwi

It turns out deputy PM Barnaby Joyce might be a Kiwi Two Greens senators resigned from parliament last month after discovering they were dual citizens due to their birthplace. Prime minister Malcolm Turnbull said the government was "satisfied" with its legal advice that the court will not disqualify Mr Joyce. [Full Article...]

Stocks, dollar extend slide as US-North Korea tensions intensify

Stocks, dollar extend slide as US-North Korea tensions intensify Asian stock markets have extended a global slide today, as tensions ramp up between the United States and North Korea, sending investors fleeing to less risky assets such the yen and the Swiss franc . Australian shares were down 1.3 percent, set for a weekly loss of 0.6 percent and Chinese and Hong Kong bluechips lost 1.6 percent and 1.9 percent respectively. [Full Article...]

Wall St rebounds on Fed bets but set for weekly loss

Wall St rebounds on Fed bets but set for weekly loss But the moves were modest. Secretary of state Rex Tillerson said yesterday North Korea posed no "immediate threat" and that "Americans should sleep well at night, have no concerns about this particular rhetoric of the last few days". In Europe, Germany's DAX fell 1.1 percent, while France's CAC 40 slid 1.4 percent. Overnight, MSCI's broadest index of Asia-Pacific shares outside Japan .miapj000... [Full Article...]

Dow slips 100 points as tensions with N.Korea escalate

USA president Donald Trump has thwarted the Dow Jones' nine-day winning streak with threats of " fire and fury " against North Korea as the Vix reaches a monthly high. Markets have been lifted from a state of inertia as geopolitical tensions have ramped up following the United Nations' decision to impose sanctions against North Korea's rapidly developing nuclear weapons program, leading to the... [Full Article...]

U.S. lauds ASEAN stand on sea row despite 'tremendous pressure'

U.S. lauds ASEAN stand on sea row despite 'tremendous pressure' Just as their agreement was being hailed as a milestone for two sides that have long failed to see eye to eye, Chinese Foreign Minister Wang Yi set conditions for the talks to proceed. Mr Sokhonn said Philippines President Rodrigo Duterte had asked his foreign affairs minister to tell Asean foreign ministers that he wanted the communique "to reflect the actual situation". [Full Article...]

Gold On Verge Of $1300 After North Korea Threats

Gold On Verge Of $1300 After North Korea Threats He goes on to say: "In all likelihood the North Korea problem will persist for years to come, with the U.S, and increasingly China, attempting to contain and restrain Kim Jong-un". The Nasdaq lost 135 points, or 2.1 percent, to 6,216. Tokyo's Nikkei 225 share index.N225 closed down 1.3 percent at its lowest since June 1 as the strong yen hit exporters, while South Korea's KOSPI index.KS11 fe... [Full Article...]

Discovery Communications, Inc. (NASDAQ:DISCB) Closed Well Below Its 50 Day Average

OxFORD Asset Management LLP bought a new position in Discovery Communications during the second quarter valued at about $665,000. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.76 billion. [Full Article...]

U.S. stocks slip, snapping Dow's 10-day winning streak

U.S. stocks slip, snapping Dow's 10-day winning streak Wall Street got off on a downbeat start early Thursday as tensions between the US and North Korea continued to escalate, rattling markets overseas. United States stocks ended lower on Thursday, and Asian markets fell sharply, with Hong Kong's Hang Seng index dropping 2%. [Full Article...]

Here are the biggest differences between Tesla's Model 3 and Model S

Here are the biggest differences between Tesla's Model 3 and Model S Tesla's Model 3 is supposed to be a game-changing vehicle for both the company and the EV industry as a whole. It's important to understand that Tesla does not need the $1.5 billion debt offering to ramp Model 3 production. So we probably shouldn't be surprised that parents in the USA have suddenly started naming their babies (mostly girls) Tesla . For those who were interested in the M... [Full Article...]

Arsenal To Make Alexis Sanchez Premier League's Highest-paid Player

Arsenal To Make Alexis Sanchez Premier League's Highest-paid Player Sanchez has an abdominal strain and Wenger says he is likely to be "out for a while", ruling him out for the first two games against Leicester City this Friday and Stoke next week. For us Alexis Sanchez is a loss, of course. "But all the other players prepared in preseason and are ready", Wenger said. Wenger also dismissed Chelsea's reported interest in Alex Oxlade-Chamberlain, saying he is ... [Full Article...]

Global Stocks Punished By Geopolitics, US Inflation In Focus

Global Stocks Punished By Geopolitics, US Inflation In Focus The ongoing political crisis that has seen North Korea state it was seeking to strike the US Pacific island territory of Guam within days, prompted gold speculator Dennis Gartman, editor and publisher of The Gartman Letter to say he believed gold was on the cusp on a significant break out. [Full Article...]

Rally Cat found: Rescue group captures kitty at City Garden

Rally Cat found: Rescue group captures kitty at City Garden We understand from media accounts that the woman meant to take it home and care for it, but lost track of it in City Garden. I'm no expert on either baseball or curses, but given how determined all these folks seem to be to blame the cat, it makes me wonder if perhaps they didn't let the cat psych them out a little too much in the moment? Rally Cat has scratched and clawed his way into the hearts ... [Full Article...]


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