Fresh on the heels of the upbeat economic growth data, a labor market report showed the number of Americans filing for unemployment benefits rose more than expected last week. The U.S. Department of Labor reported Thursday that initial jobless claims ... ( read original story ...)
Stocks – Nikkei Powers Ahead In Mixed Asian Trade With Shanghai Down
Investors will watch as the Federal Open Market Committee begins a two-day policy meeting on Tuesday and is widely expected to leave interest rates unchanged when it announces its decision on Sept. 20.. But investors are awaiting details on its reduction ... ( read original story ...)
Christie’s sells nearly $15 million of art at Shanghai auction
SHANGHAI, Sept 25 (Reuters) - Christie's sold nearly $15 million worth of art at its autumn auction in Shanghai on Sunday, with a painting by abstract master Zao Wou-ki fetching more than $5 million. The combined 98.5 million yuan ($14.8 million) sale was ... ( read original story ...)
Chaos and hackers stalk investors on cryptocurrency exchanges
LONDON, SHANGHAI, NEW YORK, Sept 29 (Reuters ... when cryptocurrencies suddenly plummet in value - are also a threat. Unlike regulated U.S. stock exchanges, cryptocurrency exchanges aren't required to have circuit breakers in place to halt trading ... ( read original story ...)
FTSE 100 closes firmly lower as pound strengthens; Next surges
6.45am: London set for grey day London’s FTSE 100 is set to open slightly lower on Thursday as stock market trading in Asia was impacted ... Kong’s Hang Seng lost 0.6% to 27,725 whilst the Shanghai Composite slipped 0.33% to 3,373. ( read original story ...)
FTSE 100 edges into positive territory
The Cameroon-focussed integrated gas firm, in a stock market statement, said that Logbaba Well LA-107 ... Asian markets fell on the North Korea situation, with Hong Kong and Tokyo the worst hit. Shanghai was flat. Aston Martin extends partnership with ... ( read original story ...)
Nordstrom Local Becomes the Latest Brick-and-Mortar Experiment to Win Back Shoppers
I won't speak too much about the stock price, since half a year is ... believe it will become as important as the U.S. market in terms of the scale and the profitability. Keep in mind, I think Shanghai actually lays claim to the most Starbucks locations ... ( read original story ...)