Feb 08, 2021 12:43 pm UTC| Insights & Views Economy Investing
Shares of GameStop and other companies or assets that shot up in value in recent weeks are now dropping like stones. While I feel sorry for the many investors who will likely lose a lot of money, the stocks return to Earth...
UK's Drop Bear Beer secures $2.47 million investment for alcohol-free brewery
Feb 06, 2021 23:29 pm UTC| Business Investing
Drop Bear Beer Co. has secured a $2.47 million funding to build one of the worlds first dedicated alcohol-free breweries in South Wales, as it looks to increase production and market share. The brewery offers a range of...
Mirae Asset launches equity fund investing in cleantech-focused S. Korean firms
Feb 04, 2021 23:59 pm UTC| Economy Investing
Mirae Asset Global Investments has launched a new equity fund to invest in South Korean companies with clean technology prowess. The South Korean investment house aims to ride on the green wave among financiers. Its...
Goldman Sachs economist warns S. Korean investors of high exposure to US market risks
Feb 02, 2021 19:30 pm UTC| Economy Investing
Goldman Sachs senior Asia economist Goohoon Kwon warned South Korean retail investors that they are highly exposed to US market risks after their holdings in US stocks reached 80 percent. According to Kwon, with South...
GameStop: hedge fund attacks have opened up powerful new front against Wall Street
Feb 02, 2021 13:59 pm UTC| Investing
In the dying days of 2009, Rage Against the Machine achieved the unlikeliest of Christmas number ones with a re-release of their anti-establishment anthem Killing in the Name. This was driven by an online campaign to give...
Ethereum: what is it and why has the price gone parabolic?
Jan 22, 2021 07:30 am UTC| Investing Digital Currency
The price of the worlds second largest cryptocurrency, ether, hit a new all-time high of US$1,440 (1,050) on January 19. This breached a previous high set three years ago and gave ether a total value (market...
JPMorgan leans on trading, investment banking to boost profits
Jan 15, 2021 14:59 pm UTC| Economy Business Investing
JPMorgan Chase Cos net income rose to $12.1 billion, or $3.79 per share, in the quarter ended Dec. 31, from the previous years $8.5 billion, or $2.57 per share. The performance also surpassed its expected earnings of...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects