Finance News

California Judge Agreed Charter's Acquisition of Time Warner Cable With Conditions

The decision was announced on Tuesday. California administrative law judge recommended to approve acquisition of Time Warner Cable by Charter Communications with significant conditions.

Goldman Sachs to Pay $5 Billion Settlement Over Troubled Mortgage-Backed Securities

The lender must pay settlement for its misconduct in selling securities backed by troubled mortgage in 2008. The agreement reached Monday.

EU Resumed Investigation on Halliburton and Baker Hughes Deal

European Union antitrust regulator resumed its review on the takeover of Baker Hughes by Halliburton. European Commission plan to reach decision in August whether to approve or veto the deal.

San Fransisco and Dallas Fed President Expected to See Interest Rate Hike Soon

Two other Fed presidents suggested the US central bank to raise interest rate. San Fransisco's John Williams said two or three rate hike in 2016 is reasonable. While Dallas' Rob Kaplan reminded to be patient.

US Firms are Attracted to Invest in Israeli Cannabis R&D

Firms in United States are looking into Israeli cannabis research and development. Israel, the pioneer in high tech agriculture is now leading the medical marijuana R&D.

Wall Street Responded Janet Yellen Remark With Positive Sentiment

Wall Street hits the record high in 2016. The market reacted positively after the Fed chairwoman's speech in the Economic Club Of New York on Tuesday.

US Seeks to Strengthen Economic Relationship with ASEAN to Counter China

As China has increased its influence in Southeast Asia, U.S. stepped in. United States plan to match China in rebalancing Asia by increasing partnership with ASEAN.

BoE Increases Capital Buffer Ceiling To Facilitate Probable Post Brexit Lending Market

The Financial Policy Committee (FPC) of Bank of England (BoE) has warned on Tuesday about possible financial outlook after Brexit. To tackle the possible lending market debacle, the committee has raised bank’s capital buffer requirement. However, the move has been criticized by the Brexit supporters whenever the referendum poll gets nearer.

Prime Minister Li Keqiang is Optimist for China's Economic Recovery

In the annual Boao Forum for Asia (BFA) last Thursday, Premier Li Keqiang deliver keynote speech. He pledged the government will refrain to intervene in economic and market.

Bitcoin underrated by more than $200 according to Investment Bank Needham & Co

The report released by Needham & Company, an investment bank and asset management company, showed that bitcoin has been undervalued by more than $200, nearly 58% based on the current price.

Current and Former Players Participated in Four-Day NFL Finance Camp

National Football League (NFL) will hold boot camp on April 4 to 7, 2016. A total of 28 current and former players with their family members participated in the finance camp in Florida.

Ineos Plans to Relocate HQ to England this 2016

After moving its headquarter for six years in Swiss, the petrochemical giant sets to return home. Founder and CEO Jim Ratcliffe planned to relocate its headquarter back to England.

Another Canadian Startup Introduced Smart Shirt With Built-in Sensor

Smart shirt has been a new frontier in the wearable tech. Another Canadian startup company Hexoskin introduced its Hexoskin Smart product as another smart shirt.

Philippine Business Group Ayala Intends To Manufacture Local Car Brand With Spare Parts

Ayala Corporation, the largest business group by assets in the Philippines has already acquired certain stake in the automotive industry through IMI. Now, the conglomerate eyes to expand its dominance over the industry in line with a comprehensive program naming CARS. With support from the program, Ayala will go for manufacturing local car brand along with spare parts production facility.

Companies in UK Only Show Little Concern Over Brexit

As the country divided in the Brexit issue, British companies showed a little concern regarding Brexit. They considered Brexit do not affect their business activity.

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Regulatory Hurdles Remain Despite Cannabis Reclassification

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Forget Starbucks, This Restaurant Stock is the Next Hot Ticket

You would be better off searching elsewhere for investors seeking the type of growth that Starbucks embodied in its earlier years.

The Truth About Tipping: Are There Situations Where It’s Optional?

If you're not sure whether to tip, you might want to consider asking yourself these questions.

Investors Pull Another $51.5 Million from US Spot ETFs

Net withdrawals from spot bitcoin exchange-traded funds in the US were over $51.5 million.

Is Your Bank Safe? Hundreds of U.S. Lenders Face Potential Failure

Numerous small and regional banks throughout the United States are experiencing significant strain.

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