FED, ECB, Greece: "The Greek Referendum will drive headlines for the near-term. We believe that divergence of monetary policies is a more powerful EUR driver than Greek risks. In this context, the timing of the first Fed rate hike (September is our call) and the ECB’s tone (the market misread the ECB’s message to get used to volatility) are more important for the euro than Greek headlines. Whilst Greek headlines and deadlines are clearly ...
Big money, relatively speaking, on offer to workers in China's cities has attracted millions of migrants, but Liu Yongzhen, 29, has decided to return home. In March, Liu went back to Liucun Village in the heart of populous Henan province to open his own Internet cafe. He also applied for a loan of 50,000 yuan ($8,000). "I am not sure if I will earn more back here, but I have been away for more than ten years," he said. Working ...
Batman: Arkham Knight, the final game in Rocksteady’s Arkham trilogy, was released this week to massive critical acclaim. Our sister site IGN gave it a 9.2 out of 10, and it currently has a Metacritic score of 90 out of 100 — big praise. And while the console versions of the game are performing surprisingly well, the PC release seems to be something out of one of Scarecrow’s waking nightmares. ...
BitInka Becomes the First Universal Bitcoin Platform in South America There are millions of unbanked people in South America who are in the dire need of financial inclusion. However, as the existing financial infrastructure is incapable of meeting the requirement, Bitcoin has step up. BitInka, a Bitcoin platform that operates in Peru, Venezuela, Bolivia and Brazil will soon expand its services throughout Argentina, Colombia and ...
Drake is among the headliners of this year's Music Midtown Festival, set to take place in September. Elton John, Van Halen and Sam Smith also headline. Run the Jewels, Jenny Lewis, Hozier, Lenny Kravitz, Billy Idol, Tove Lo and Icona Pop will also perform at the fest. More...