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The US - North Korea Tensions Impact the Markets

The US - North Korea Tensions Impact the Markets

Tensions are rising between the U.S. and North Korea and as expected, the political heat is leaving a mark on the market. When there is political turmoil that could have a significant global impact, it has always been seen that safe haven assets, ma..

Short Sellers Continue to Complain About Stock Manipulations in Hong Kong

Short Sellers Continue to Complain About Stock Manipulations in Hong Kong

Stock manipulations in Hong Kong are on the rise, say, short sellers, who are determined to bring these to the light despite the many challenges they face in doing so. The number of complaints from their brethren against Chinese companies listed in ..

Ethereum and South Korean Investments

Ethereum and South Korean Investments

South Koreans have developed an affinity towards cryptocurrencies. They do not mind the mind churning 24-hour long roller coaster which invariably accompanies this kind of investments. The situation is such that even banks and government financial c..

Michael Kors buys Jimmy Choo for $1.2 Billion

Michael Kors buys Jimmy Choo for $1.2 Billion

According to Reuters, U.S. retailer Michael Kors Holding Ltd (NYSE: KORS) agreed to buy luxury shoemaker Jimmy Choo PLC for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers f..

China’s Cosco Shipping Holdings Buy’s Stake in Orient Overseas International Ltd

China’s Cosco Shipping Holdings Buy’s Stake in Orient Overseas International Ltd

For $6.3 million, China’s Cosco Shipping Holdings Co. decided to buy a controlling stake in Hong Kong based Orient Overseas International Ltd. (OOIL) This resulted in a deal that would expand China’s container shipper services, making it..

Philips to buy Spectranetics

Philips to buy Spectranetics

Koninklijke Philips N.V. (NYSE: PHG), or better known as Philips, a Dutch technology company focused in electronics, healthcare, and lighting, has agreed to buy Spectranetics Corp. (NASDAQ: SPNC), a US based medical device company, for $1.7B euros t..

Bitcoin Retreats from Record High $3,000

Bitcoin Retreats from Record High $3,000

The cryptocurrency market is growing rapidly in the recent years. The overall market capitalization has already passed $100 billion to $113 billion. Bitcoin, one of the most popular digital currency, surged to above $3,000 for the first time on..