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Blue-chip, volatile, high-risk: retail investors are buying while professionals are selling

Aug 01, 2020 16:25 pm UTC| Investing

Stocks have held up relatively well during the COVID-19 pandemic. Following a steep decline in March, for example, the value of the Australian Stock has rebounded to be just 16% down on its February peak. Its a...

Five top tips for managing your personal finances during coronavirus

Aug 01, 2020 14:58 pm UTC| Investing

When it comes to money, coronavirus has split the nation. Financial stress dominates for many of the 9.5 million employees on furlough, potentially facing unemployment as the scheme unwinds, and for those whose small...

Forget a capital gains tax – what New Zealand needs is a tax on inherited wealth

Aug 01, 2020 14:41 pm UTC| Investing

The worlds wealthiest people will transfer US$15.4 trillion in assets to their heirs in the next decade, according to a recent report. Published by specialist data analysts Wealth-X, the report focused on the richest...

FxWirePro: Gold Vs US bond yield

Jul 30, 2020 06:52 am UTC| Technicals Investing

Ichimoku Analysis (Weekly Chart) Tenken-Sen- $1788 Kijun-Sen- $1678 Gold continuously trading on the higher side for the past four months and jumped more than $500 on safe-haven demand. The dovish Fed has dragged...

Microsoft shares dip 3% as cloud unit posts first growth under 50%

Jul 23, 2020 09:24 am UTC| Investing

Microsoft Corps shares plummeted three percent as its cloud computing business Azure posted quarterly sales growth under 50 percent for the first time. Microsofts revenue in its Intelligent Cloud segment jumped 17...

S. Korean home-based securities traders becoming hooked to gambling

Jul 22, 2020 01:11 am UTC| Business Investing

South Koreas securities traders seeking help for gambling addiction have tripled in number to 214 from March to May since their pandemic-induced work-from-home setup has freed up more time for stock trading. According...

Progressive in theory, regressive in practice: that's how we tax income from savings

Jul 21, 2020 14:24 pm UTC| Investing Economy

Were told Australia has a progressive tax system the more you earn, the higher the rate. And thats certainly the case for earnings from wages. An Australian on A$35,000 sacrifices 21 cents out of each extra dollar they...

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Economy

US slaps 5.41% anti-dumping tariff on S. Korean, Vietnam wind towers

The US slapped a 5.41 percent anti-dumping tariff on imported wind towers from South Korea and Vietnam for being sold at less than fair value. The US Department of Commerce is set to make an official order imposing the...

France to utilize 'railway highways' in achieving greener economy

France will develop railway highways to carry food and other goods to minimize the delivery by trucks to reduce the countrys carbon footprint. According to French Prime Minister Jean Castex, a fresh food train linking...

S. Korea to deliver $5.15-M assistance to 6 countries

South Korea will provide over $5 million to assist the emerging economies of Uganda, Kyrgyzstan, Vietnam, Cambodia, Colombia, and Haiti in helping deal with the COVID-19 pandemic and pursue digital and green development...

Portugal to speed up renewable hydrogen projects in polluting sectors

The Portuguese government has selected 37 consortiums interested in building production units of green energy in the country. Portugal is preparing an application to Europes Important Project of Common European Interest...

German automotive industry optimistic of export prospects

Export expectations in Germanys manufacturing sector rose in July to 6.9 points from the -2.2 in the previous month with the automotive industry among the most optimistic due to economic recovery in many...

Politics

Donald Trump: POTUS repeats claims on COVID-19 testing and death toll numbers in a recent interview

With cases of COVID-19 continuing to rise in the United States, Donald Trump remains confident in his administrations response towards the pandemic despite it being heavily criticized across the board. In his latest...

Ivanka Trump: Mary Trump warns of cousin's possible political interests

Donald Trumps eldest daughter, White House senior adviser Ivanka Trump is often present at political events alongside her father. However, Mary Trump warns that it is possible for Ivanka as well as Donald Trump Jr. to try...

Michelle Obama: Former FLOTUS wishes husband Barack a happy birthday in latest update

August 4 was former president Barack Obamas birthday with many Americans who have supported him throughout his two terms in office sending him their birthday wishes. Former first lady Michelle Obama posted an especially...

Joe Biden: Former VP blasts Donald Trump as US COVID-19 death toll approaches 160,000

The United States accounts for over one-fourth of coronavirus infections in the whole world, making it the worst-hit country. As the deaths from the pandemic approach 160,000, former vice president Joe Biden blasts Donald...

Science

NASA: Mysterious red rectangle in space captured by the Hubble Space Telescope

NASA and the European Space Agencys Hubble Space Telescope is busy making its rounds all throughout space, taking photos of unusual and spectacular occurrences lightyears away from Earth. This time, NASA revealed one of...

Asteroids: Simulation shows potentially hazardous asteroid's impact if it crashes into the Atlantic ocean

Asteroids that are classified as potentially hazardous can inflict the most damage out of the kinds of asteroid collisions. A simulation done by astronomers shows what kind of impact a potentially hazardous asteroid would...

NASA: Agency releases a photo of a massive star system explosion

Even as the world is battling aa pandemic, there are still spectacular phenomena occurring in space. NASA recently shared an image of a massive explosion that happened within a star system. NASAs Chandra X-ray...

COVID-19: Report finds athletes perform better in empty stadiums

The COVID-19 pandemic has forced many all over the world to stay indoors, including athletes. With many sporting events getting cancelled this year, a new report claims that the lack of an audience present at the stadiums...

Technology

‘Forza Motorsport’ announcement and first trailer suggest it won’t be released in 2020

The announcement of Forza Motorsport 8 was one of the most anticipated things during the Xbox Games Showcase last month. While fans finally got confirmation it is in the pipeline, the unveiling of its first teaser has led...

Bethesda confirms no ‘Starfield’ announcements slated in 2020

Starfield may be an all-new video game IP, but it can be said that it is one of the most awaited titles in the gaming community. However, fans might have to wait until 2021 to hear more about it. Starfield release...

‘Valorant’ patch 1.05 delivers Deathmatch mode but initially in limited availability

The Deathmatch mode is one of the highly requested game modes in Valorant. Riot Games delivers it shortly after the games full release as it is included in the patch 1.05 notes. However, there are current limitations to...

OnePlus Nord open sales begin Aug. 6 for customers in India

OnePlus has taken yet another unique approach in selling its newest smartphone, the mid-range OnePlus Nord. Aside from its launch is limited to India and Europe, it was also offered through pre-booking after its official...
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