The Australian economy inched slightly forward in January, the latest survey from Westpac Bank and the Melbourne Institute suggested on Wednesday, as its leading economic index added 0.1 percent on month. "We still believe that an interest rate cut in March is the best policy to support domestic demand and maintain downward pressure on the Australian dollar and this outcome remains our forecast," Westpac chief economist Bill Evans said. ...
Entries & Exits: Visits to 16 Trading Rooms by Alexander Elder Come behind closed doors and see real trades made by real traders. Dr. Alexander Elder leads you into 16 trading rooms where you meet traders who open up their diaries and show you their trades. Some of them manage money, others trade for themselves; some trade for a living, others are on the semi-professional level. All are totally serious and honest in sharing their ...
China Mobile and Chinese search engine Baidu reached a deal to jointly build a new-generation mobile Internet cloud computing center. The center is named Baidu Yizhuang New-generation Search Data Center (first phase) and financial terms of the deal were not released.. According to China Mobile, this will become the industry's first large-scale cloud computing center which targets mobile Internet ...
Shares of the Arizona-based First Solar are taking off in late Tuesday trading, thanks to a new partnership with none other than tech giant Apple. In what they are touting as "the largest commercial power deal," the companies announced Tuesday afternoon that Apple has committed nearly a billion dollars to partner with First Solar and build a solar farm south of San Francisco. Shares of First Solar surged nearly 5% on the news and continued to rise in ...
According to the South China Morning Post, Hong Kong’s central bank has warned people against investing in virtual currencies like Bitcoin. The decision came after the bank across with local media reports that a Bitcoin exchange may have run off with $387 million in client funds. This is expected to be one of the biggest Bitcoin scandal. The authorities say that if it comes true the Bitcoin scandal is similar to the one that happened with ...
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