• ACN Newswire11 hours ago

    Showa Denko Maps Out New Medium-term Business Plan "The TOP 2021"

    TSE:4004) has prepared a new medium-term consolidated business plan, "The TOP 2021," for the 2019-2021 period. Under the current medium-term consolidated business plan, "Project 2020+," which started in January 2016 and will end in this December, the Showa Denko Group has been striving

  • Italy's state-backed oil giant makes a major discovery off the shores of Angola
    Business Insider13 hours ago

    Italy's state-backed oil giant makes a major discovery off the shores of Angola

    Oil giant Eni, backed by the Italian government, said it discovered oil in offshore Angola. It's estimated to hold between 170 million and 200 million barrels of light oil in place. The discovery came just after OPEC and other major producers agreed to cut oil production levels.

  • Business Insider16 hours ago

    10 things you need to know before the opening bell

    The 'Trump Trade' has finally evaporated entirely.The ratio between more growth-sensitive cyclical stocks (industrials) and their defensive counterparts (utilities) has all but erased its post-2016 election gains, leaving an uncertain future for the stock market. Legendary investor Paul Tudor

  • ABN Newswire17 hours ago

    Intermin Resources Limited (ASX:IRC) and MacPhersons Agree to Merge

    Perth, Australia, Dec 11, 2018 - (ABN Newswire) - Intermin Resources Limited (Intermin) (ASX:IRC.AX - News) intends to offer, by way of a Scheme of Arrangement, 1 Intermin share for every 1.8227 MacPhersons Resources Limited (MacPhersons) (ASX:MRP.AX - News) shares held, valuing MacPhersons at approximately

  • Business Insideryesterday

    The history of price bubbles could reveal what Bitcoin does next

    Nearly 170 years before the invention of Bitcoin, the journalist Charles Mackay noted the way whole communities could “fix their minds upon one object and go mad in its pursuit”. Millions of people, he wrote, “become simultaneously impressed with one delusion, and run after it, till their attention is

  • 10 things you need to know this morning in Australia
    Business Insider2 days ago

    10 things you need to know this morning in Australia

    Settle in with your coffee - here's your morning news.

  • The loan market has a new reward — and punishment — system to force firms to be climate friendly
    Business Insider2 days ago

    The loan market has a new reward — and punishment — system to force firms to be climate friendly

    Commodity companies in cocoa, coffee, soy, and even oil have jumped into sustainability linked loans. Companies can reduce the interest rate on their debt if they meet green criteria, and will be punished financially if they don't. Sustainable finance has become more and more commonplace in the

  • This entrepreneur left Wall Street to count the world’s calories. Now she’s warning of a global food disaster equal to the financial crisis.
    Business Insider3 days ago

    This entrepreneur left Wall Street to count the world’s calories. Now she’s warning of a global food disaster equal to the financial crisis.

    Entrepreneur Sara Menker traded in her Wall Street gig to help solve the world's mounting food crisis. In the next decade, she warned, the world's food shortage could rival the financial crisis or dot-com crash in terms of its threat to government stability and economic safety. Menker's

  • Gold is eyeing its best week since March after the jobs report disappoints
    Business Insider4 days ago

    Gold is eyeing its best week since March after the jobs report disappoints

    Gold prices rose 1% Friday, and were on track to post their best week since March. A weaker-than-expected jobs report renewed expectations the Fed would embark on a slower rate path. Gold was headed for its best weekly gain in nine months on Friday after the jobs report showed hiring slowed in November

  • Business Insider5 days ago

    The Aussie dollar gets slammed again

    The Australian dollar got smoked for second consecutive session on Thursday. Geopolitics, plunging stock and commodity prices, a weaker Chinese yuan and increased volatility ensured a torrid day for the Aussie. Chinese financial markets will likely dictate sentiment in the first half of Friday'

  • Business Insider6 days ago

    Dow dives nearly 500 points, wiping out its gains for the year

    Stocks erased 2018 gains Thursday. On Tuesday, Wall Street suffered its worst day since October. Watch the major US indexes trade in real time here.

  • Business Insider6 days ago

    Oil plunges as OPEC tries to balance supply concerns with Trump's demands

    OPEC must balance supply concerns with the whims of two of the world's largest producers. Oil prices plunged more than 4% prior to Thursday's meeting in Vienna. Gulf State Qatar announced it would leave the cartel in 2019 with OPEC keen to manage prices.

  • Business Insider6 days ago

    10 things you need to know before the opening bell

    Canada arrested Huawei's CFO, and the US is seeking to extradite her. Meng Wanzhou, CFO of the Chinese technology company Huawei, was arrested on suspicion of violating the US's trade sanctions on Iran, adding a new chapter to the US-China trade war. Bonds are rallying.Buying has pushed the

  • Business Insider6 days ago

    US stocks are set to crater again after Huawei CFO's arrest adds to China trade-war jitters

    Global stocks were plunging again Thursday after the arrest of the Chinese tech giant Huawei's CFO escalated an already fraught trade relationship between the US and China. US markets were closed Wednesday for the funeral of George H.W. Bush. Trading on US futures had to be stopped several times

  • ACN Newswire6 days ago

    Are Financial Institutions Taking Action?

    HONG KONG, Dec 5, 2018 - (ACN Newswire) - The major overarching trend seen in the cryptocurrency industry recently is the movement of institutions as players entering this space. Bitcoin and other cryptocurrencies have become a new institutional investment asset, drawing an ever-expanding list of financial

  • Business Insider6 days ago

    6 things Australian traders will be talking about this morning

    Good morning.

  • How to send US troops care packages they really want this holiday season
    Business Insider6 days ago

    How to send US troops care packages they really want this holiday season

    Spending the holiday overseas can make the season particularly depressing for deployed troops. Care packages are a welcome surprise, and give them access to food, entertainment and toiletries that may be hard to come by on deployment. Here are some tips for what to send, how to send them, and organisations

  • Business Insider7 days ago

    The Dow drops nearly 600 points as trade fears ratchet back up

    Stocks plummeted Tuesday after optimism for a US-China trade deal faded and as Treasury yields fell. Global markets had rallied a day earlier. Wall Street fell sharply Tuesday after optimism for easing trade tensions between Washington and Beijing faded and as Treasury yields turned lower, stirring

  • Business Insider8 days ago

    ANZ explains why Trump and Xi's trade-war deal may see emerging markets rally into year-end

    A temporary trade truce has been agreed between the United States and China, and risk assets such as stocks, commodities and emerging market currencies are rallying. Many are now asking whether the move reflects a true breakthrough in trade negotiations, or simply short-covering in previously beaten

  • Christmas Eve traditions in 15 different countries around the world
    Business Insider8 days ago

    Christmas Eve traditions in 15 different countries around the world

    Christmas Eve traditions vary widely around the world. In Germany, it's tradition for people to eat potato salad and sausages on Christmas Eve. Everyone has their own ChristmasEve traditions, whether it's making cookies to leave out for Santa or having a feast that lasts until the early hours

  • Business Insider8 days ago

    6 things Australian traders will be talking about this morning

    Good morning.

  • The Dow rallies more than 400 points after Trump and Xi reach trade war cease-fire
    Business Insider9 days ago

    The Dow rallies more than 400 points after Trump and Xi reach trade war cease-fire

    Global markets rallied Monday, led by automakers and energy stocks. President Donald Trump and Chinese President Xi Jinping reached an agreement to put off plans to more than double the rate on a majority of tariffs against Beijing to 25% on January 1. Stocks soared Monday after the US and China reached

  • Business Insider9 days ago

    10 things you need to know before the opening bell

    In a meeting at the G20 summit in Buenos Aires, Argentina, on Saturday, President Donald Trump agreed to postpone new economic tariffs on Chinese imports by 90 days and Chinese President Xi Jinping said China would buy a "not yet agreed upon" amount of US agriculture, energy, and industrial

  • Business Insider9 days ago

    Global markets are ripping higher after Trump and Xi's trade-war agreement

    Global stock markets ripped higher Monday after the US and China agreed to 90-day trade truce. All major Chinese indexes were higher by 2.5% or more, while European stocks were seeing similar gains. In the US, futures were pointing to 2% gains for all three major share indexes.

  • Business Insider9 days ago

    The Australian dollar surges as Trump and Xi reach a temporary trade truce

    The Australian dollar has surged to the highest level since mid-August in early trade on Monday. A temporary trade truce struck between the United States and China last weekend is the catalyst behind the move, although many strategists are sceptical as to whether it will last beyond the short-term.