financializer news A weblog highlighting financial topics making news in the international media.

mistakes: The 32-year-old scrimped and saved, delved into research online and finally found what looked like the perfect place to live right in the heart of London, according to Nine News Australia. Nearly 8000 lost and months of grief later, Mr Vlamis discovered he was the victim of a scam targeting travellers and is warning others not to make the same mistakes he did. To improve your experience update it here News World'I don't trust anyone anymore' Aussie backpacker targeted in UK scam By Tom Livingstone Associate Producer1 02pm Aug 24, 2019Facebook Tweet Mail For more than 12 months Steven Vlamis planned his working holiday to Europe, a rite-of-passage for millions of young Australians every year. Steven Vlamis lost thousands of dollars to a UK scammer targeting overseas travellers looking for accommodation on a flat share website. It was furnished, just off London's famous eat street Brick Lane, and included extras such as power, according to the ad on rental site Spareroom. Facebook The perfect place On the web, the share unit looked ideal. (news.financializer.com). As reported in the news.

oil terminal: The crew of the Adrian Darya 1, formerly known as the Grace 1, updated its listed destination in its Automatic Identification System to Mersin, Turkey, a port city in the country's south and home to an oil terminal, according to Nine News Australia. However, mariners can input any destination into the AIS, so Turkey may not be its true destination. To improve your experience update it here News WorldUS pursuing Iranian oil tanker 'under terrorist command' to Turkey By Associated Press2 31am Aug 25, 2019Facebook Tweet Mail An Iranian-flagged oil tanker pursued by the US amid heightened tensions between Tehran and Washington changed its listed destination to a port in Turkey early Saturday local time after Greece said it wouldn't risk its relations with America by aiding it. Mersin is some 200 kilometres northwest of a refinery in Baniyas, Syria, where authorities alleged the Adrian Darya had been heading before being seized off Gibraltar in early July. AP Iranian state media and officials did not immediately acknowledge the new reported destination of the Adrian Darya, which carries 2.1 million barrels of Iranian crude oil worth some US 130 million. An Iranian-flagged oil tanker pursued by the US amid heightened tensions between Tehran and Washington changed its listed destination to a port in Turkey early Saturday local time after Greece said it wouldn't risk its relations with America by aiding it. (news.financializer.com). As reported in the news.

reactions: Reactions to news last month that Amazon's voice-controlled digital assistant Alexa was to begin using NHS website information to answer health queries were many and varied, according to The Guardian. US-based healthcare tech analysts say the deal is just the latest of a series of recent moves that together reveal an audacious, long-term strategy on the part of Amazon. Critics saw it as a sign of creeping privatisation and a data-protection disaster in waiting. From its entry into the lucrative prescription drugs market and development of AI tools to analyse patient records, to Alexa apps that manage diabetes and data-driven experiments on how to cut medical bills, the 900bn global giant's determination to make the digital disruption of healthcare a central part of its future business model is becoming increasingly clear. Amazon has many detractors, but even they concede it has been highly successful in improving customer experiences and cutting costs. Why Amazon is moving into health Few doubt new digital technologies have roles to play in the huge challenges healthcare systems are facing. (news.financializer.com). As reported in the news.

regeneron: The stock decreased 2.77% or 8.17 during the last trading session, reaching 286.85, according to MSNBC. About 722,153 shares traded. Campbell & Company Investment Adviser Llc who had been investing in Regeneron Pharmaceuticals Inc for a number of months, seems to be bullish on the 31.51B market cap company. Regeneron Pharmaceuticals, Inc. It has underperformed by 17.97% the S&P500. REGN has declined 17.97% since August 24, 2018 and is downtrending. (news.financializer.com). As reported in the news.

trade deal: Some of the countries attending have said they would block a trade deal between the European Union and Brazil's economic and political bloc unless the country takes action, according to CNN. The G7 countries Canada, France, Germany, Italy, Japan, the United Kingdom and the United States are not alone in applying pressure on the Brazilian government when it comes to responding to the Amazon fires; political leaders, civil society leaders and celebrities around the world have called for an end to the destruction of the forest, which contains at least 10% of the planet's biodiversity. While Bolsonaro has described the burning in the Amazon -- which is at the highest level since 2013 -- as a result of warmer weather, French President Emmanuel Macron said he wants the fires on the summit agenda. Possible sanctions G7 leaders have been clear about their priority on stopping the burning. Literally. Read More Our house is burning. (news.financializer.com). As reported in the news.

activist targets: The firm, which analyses financial data, corporate governance and shareholder registers of companies to determine whether they are vulnerable to becoming activist targets, has produced a 10-strong list, according to Market Watch. The results are compared with peers and broad indexes, such as the S&P 500 SPX, -2.59% and analysts provide extra context relating to the sector. Aluminum producer and mining heavyweight Alcoa and boat group Brunswick could also be exposed to an activist campaign, the second part of a report for Market Watch by the research firm can reveal. Typically when an activist investor gets involved, a stock soars. PZZA, -3.97% The pizza company took a 200 million investment from Starboard Value earlier this year and made the activist hedge fund's chief executive its chairman. In 2018 Activist Insight highlighted 76 companies under threat; of those 16 have already been targeted by an activist, including Papa John's. (news.financializer.com). As reported in the news.

caribbean countries: Every year, the special report ranks all citizenship by investment CBI programmes in the world against seven pillars considered most important to investors seeking second citizenship, according to The Independent. This year, the independent study found that Caribbean countries filled the top five positions, ahead of EU member states like Austria, Malta or Cyprus.FT experts awarded Dominica the number one spot for the third consecutive year, scoring it with full marks in five pillars. Search first keyup' ; ; listener ; ;No matching results for ''Tip Try a valid symbol or a specific company name for relevant results Cancel Sign in Mailif window.performance window.performance.mark && && Finance Techif window.performance window.performance.mark && && U.S. Markets closedS&P window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && Citizenship by Investment Is Better Than European, New Financial Times Report Findsif window.performance window.performance.mark && && Newswire August 23, 2019if window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && Aug. 23, 2019 /PRNewswire/ -- The Professional Wealth Management PWM magazine - a publication from the Financial Times - released its newest edition of the CBI Index. Dominica emerged once more as the country with the world's best citizenship by investment programme, combining extensive due diligence with efficiency, speed, affordability, and reliability, comment the authors. Alternatively, PWM says that Dominica's real estate option has flourished requiring minimum investments of US 200,000 in CBI-approved hotels and resorts. Qualifying contributions start at US 100,000 for single applicants. (news.financializer.com). As reported in the news.

decades thursday: The South Korean won weakened on the news, while Japan defense stocks rose. ; This seems to be a signal that the Korea-Japan conflict will continue, said Joonwon Yoon, a fund manager at HDC Asset Management in Seoul, according to The Japan Times. It only adds more uncertainties to the market. What started as a dispute over colonial-era grievances has snowballed over the past two months, with relations deteriorating to the lowest point in decades Thursday after Seoul withdrew from a key intelligence-sharing pact. The spat is impacting businesses, investors and the outlook for growth in two of Asia's biggest economies. Samsung Electronics Co., the world's biggest chipmaker, is trying to diversify its suppliers, but investors are wary The stock has slumped about 6 percent since the start of July. Companies concerned The global tech industry, for example, is watching the dispute closely after Japan tightened export controls for materials vital to Korean makers of computer chips and displays a move that could upset supply chains for everything from Apple iPhones to Dell laptops. (news.financializer.com). As reported in the news.

cent year: But this week those who bought 2.4m worth of HAB mini-bonds in January 2017 were informed they would lose 74 per cent of their money in the best case or 97 per cent in the worst, according to The Independent. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. Mr McCloud, who has presented Channel 4's Grand Designs for two decades, has promised investors returns of up to 9 per cent a year from his Happiness Architecture Beauty HAB companies. You can form your own view. Subscribe now Another group of investors, who poured 1.9m into one of the HAB companies in 2013 and were promised dividends of at least 5 per cent by the end of 2016, say they have not received a penny, with many feeling angry and betrayed according to The Guardian. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.

core value: Months of anti-government protests have taken their toll on the city's economy, as they damaged subway transport, left hotel rooms and restaurants empty, and small- and medium-sized businesses struggling, according to Global Times China. Black-clad protesters have been launching a citywide, non-cooperation movement and have been calling on workers to go on strike. Player option ; While young protesters in Hong Kong call for massive strikes across the city to paralyze public transport, businesses and schools, many diligent Hongkongers continue to stand their ground, calling for the rekindling of a core value - the Lion Rock Spirit, which helped shaped the city's economic phenomenon. On Wednesday morning, a giant banner showing an anti-government slogan appeared on Lion Rock, a symbolic place located in Kowloon Country Park. The spirit, which is supposed to represent the resilience and diligence of Hong Kong people, cannot be used to achieve political purposes. Local residents who rejected the citywide strikes said they feel sad about the misinterpretation of the Lion Rock Spirit by anti-government forces. (news.financializer.com). As reported in the news.

highly-rated debt: While government-backed organizations have sold debt yielding less than zero in auctions in the past, this was the first public offering of such a bond by an agency, Bloomberg-compiled data showed. ; Around 17 trillion of debt has negative yields worldwide as central banks loosen monetary policy in the face of a global economic slowdown, according to The Japan Times. While those notes will cause losses for investors if held to maturity, there's demand for the bonds among Japanese buyers hoping to sell them if yield premiums fall, and those that want to park their money in highly-rated debt for the short term, analysts say. Japan Student Services Organization, or JASSO, priced 30 billion 281 million two-year notes with a coupon of 0.001 percent and a price of 100.003, working out to a yield of around minus 0.0005 percent. JASSO set an example that a negative-yielding product could appeal to some investors, said Shunsuke Oshida, a senior credit analyst at Manulife Asset Management in Tokyo. The Tokyo-based JASSO, which is involved in offering scholarships and student exchange programs, has an AAA grade from the Japan Credit Rating Agency and an AA score from Rating & Investment Information. Since there is demand, more such agency bonds will likely follow suit. (news.financializer.com). As reported in the news.

ikea china: Anna Pawlak-Kuliga, CEO of IKEA China, said at the conference that, after over 20 years, IKEA will continue to explore the Chinese market with its biggest-ever yearly investment of 10 billion yuan 1.4 billion in fiscal year 2020, and increase investment in the two years following, according to Global Times China. IKEA has been paying close attention to development dynamics in China while adjusting its development strategy accordingly. IKEA China, a Chinese subsidiary of Swedish furniture retailer IKEA, hosted a press conference in Beijing on Thursday, and announced its Future strategy to promote its development over the next three years. Amid continuous changes in today's market environment, IKEA remains confident in the economic development and business opportunities in the Chinese market, Pawlak-Kuliga noted. In addition, urbanization, digitalization and people's increasing disposable income is changing the way how people live and consume. The home furnishings market in China is now in a phase of stable growth. (news.financializer.com). As reported in the news.

hulu: Can they combine to win the streaming wars and Viacom have different streaming strategies, according to MSNBC. Can they combine to win the streaming wars merged ViacomCBS will go up against streaming behemoths Netflix, Amazon and Hulu, in addition to a slew of deep-pocketed competitors. Can they combine to win the streaming wars is additional taxonomy that helps us with and Viacom have different streaming strategies. So how can it differentiate itself and turn a profit (news.financializer.com). As reported in the news.

: He was such a down-to-earth bloke and I felt obliged to offer, as he might put it, my two bobs' worth . During the early 1980s, I was working as a cadet journalist with 2WG in Wagga Wagga, according to Nine News Australia. Tim Fischer was remembered as a champion of rural Australia and a good bloke known as the man in the hat as parliamentary colleagues paid tribute to politician, who died last night. To improve your experience update it here News National Tim Fischer Treasured memories of a pioneering politician from a former country journo By Damian Ryan Reporter1 05pm Aug 23, 2019Facebook Tweet Mail So much has been said and written about the former Deputy Prime Minister Tim Fischer, who died this week. AAP The local radio station had a listening audience which reached Hay in the west, Albury in the south and Yass in the north-east. Sometimes the content was not always headline-making, but a few thousand dollars to paint the CWA Hall at Ardlethan or new goal posts at Ariah Park Mirrool football ground was worth a mention. A large chunk of that territory fell into the Federal seat of Murray, with the local member Tim Fischer already well known as the Boy from Boree Creek . From early on, I realised the political representatives in the district were a great source of news. (news.financializer.com). As reported in the news.

breathing: Fifty meters underground, the air is hotter than at the surface, according to CNN. The humidity is overwhelming and you can smell the stench of the dozens of men who have already spent half their day down here, inside one of hundreds of gold mines deep in the jungle in southern Venezuela. He's muddy, sweaty and breathing heavily, crushing stone after stone around him. Venezuela boasts the largest oil reserves in the world, but gold is increasingly its lifeblood. In Caracas, it allows Maduro to allegedly buy the military's loyalty to his embattled government. In the area around the mines, gold has replaced the near-worthless bolivar, with even the cost of a haircut quoted in gold. (news.financializer.com). As reported in the news.

canada: Given the President's brazen, erratic behavior and mood in the last few days, the idea that he could repeat his tantrum and early departure at the last G7 summit in Canada last year cannot be ruled out, according to CNN. After all, he just pulled out of a state visit to Denmark because it refused to discuss selling Greenland. It is a measure of the gulf between America and its allies and of how President Donald Trump has imposed his disruptive character on the world that everyone in Biarritz is bracing for a presidential eruption. Trump frequently flings vitriol across the Atlantic, criticizing foreign leaders who have spent the past two-and-a-half years trying, usually unsuccessfully, to work out how to handle him. Last month, for instance, he blasted French President Emmanuel Macron's foolishness over a digital services tax that hit US companies and vowed to impose tariffs on French wine. His behavior is a promise kept to voters who believe that America's friends have long taken advantage of its power and security guarantees. (news.financializer.com). As reported in the news.

centuries: Glasgow University discovered last year it had benefited financially from Scottish slave traders in the 18th and 19th centuries by between 16.7m and 198m in today's money, according to The Guardian. In what is thought to be the first attempt by a British university to set up a programme of restorative justice, it has pledged to raise 20m for the centre, chiefly in research grants and gifts. It signed an agreement with the University of the West Indies to fund a joint centre for development research, at a ceremony in Glasgow on Friday morning. Universities must follow Glasgow and own up to their role in the slave trade Afua Hirsch Read more Other British universities, including Oxford and Bristol, have been the focus of protests over their ties to the slave trade and to powerful colonialists, such as Cecil Rhodes. The Glasgow agreement was first signed in Kingston, Jamaica, on 31 July. In 2017, All Souls College at Oxford launched an annual scholarship for Caribbean students and paid a 100,000 grant to a college in Barbados, in recognition of its funding from Christopher Codrington, a wealthy slave owner who bequeathed 10,000 in 1710 to build a library that bears his name. (news.financializer.com). As reported in the news.

money squeeze: My work is over, according to Market Watch. You got to make it on your own.' She said to me, The dead bird under the nest never learned how to fly,' O'Leary recounted. My mother was very influential in my career because she supported me from birth to last day of college, O'Leary told CNBC. And then she said to me, After this, I'm done. It might sound harsh, but there's a real benefit to communicating to your kids when the money will stop flowing and the earlier you set those boundaries, the better. Far too many adults are caught in a money squeeze. In my own work as a financial adviser I see this problem all the time. (news.financializer.com). As reported in the news.

index comp: How are the major benchmarks faring Stocks extended declines ahead of the closing bell, with the Dow off more than 700 points at its session low, according to Market Watch. In the end, the Dow Jones Industrial Average DJIA, -2.37% closed with a loss of 623.34 points, or 2.4%, at 25,628.90, while the S&P 500 index SPX, -2.59% dropped 75.84 points, or 2.6%, to finish at 2,847.11. Early in the session, major indexes flipped between modest gains and losses after Federal Reserve Chairman Jerome Powell left the door open for another interest rate cut in September in a widely anticipated speech in Jackson Hole, Wyoming. The Nasdaq Composite Index COMP, -3.00% shed 239.62 points to end at 7,751.77, a loss of 3%. The drop left the major indexes with their fourth consecutive weekly loss, with the Dow down 1% since last Friday, while the S&P 500 saw a 1.4% drop and the Nasdaq declining 1.8%. What's driving the market Trouble kicked off ahead of Friday's open, with China announcing new tariffs of 5% and 10% on 75 billion in U.S. imports, set to go into effect in two tranches, on Sept. 1 and Dec. 15, respectively. See Escalation in U.S.-China trade war threatens global economy, poses Trump re-election risk The move drew a furious response from Trump, who tweeted that he had hereby ordered U.S. companies to immediately start looking for an alternative to China. The Chinese government said that the move was in response to the Trump administration's plans to institute 10% tariffs on 300 billion in Chinese imports, also in two stages and on the same dates, announced earlier in August. (news.financializer.com). As reported in the news.

investment appetite: Mickael Vogel, Director of Strategy at the AEC, said they are receiving an increasing number of requests from Chinese companies to join the Chamber, especially to gain access to the latest investment opportunities and credible and reliable information on African energy markets, according to Global Times China. The investment appetite of Chinese companies for Africa is only getting stronger given current international trade and business dynamics, he said. The AEC said the delegation would be led by its executive chairperson Nj Ayuk and will meet chairperson from China's state-owned energy companies, private sector and key industry associations. Our visit will be consolidating several relationships we have developed over the past two years and will lead to discussion on major energy deals for Africa, he said. The move is part of the chamber's support to a large and expanding base of investors seeking to do business in Africa, mostly from China, Russia, India, the Middle East and Turkey, it added. As Chinese investment into Africa increases, the chamber says, it is assisting several Chinese companies in navigating Africa's fast growing energy markets. (news.financializer.com). As reported in the news.

market gauge: On Thursday, the key market gauge advanced 9.44 points. ; The Topix index of all first-section issues finished up 4.19 points, or 0.28 percent, at 1,502.25, after rising 0.55 point the previous day, according to The Japan Times. After starting slightly weaker, the Nikkei turned up on the yen's drop against the dollar, robust Chinese stocks and an uptick in futures on the U.S. Dow Jones industrial average in off-hours trading. The 225-issue Nikkei average rose 82.90 points, or 0.40 percent, to close at 20,710.91 on the Tokyo Stock Exchange. In the afternoon, Tokyo stocks moved in a narrow range as players retreated to the sidelines prior to Powell's speech at the closely watched annual financial symposium in Jackson Hole, Wyoming, later Friday. Investors are reluctant to move their positions until they confirm whether Powell will make dovish or hawkish comments on interest rates in the speech, Tomoaki Fujii, head of the investment research division at Akatsuki Securities Inc., noted. The market was quiet before the weekend and the Fed chief's speech, with few foreign players taking part in trading, Chihiro Ota, general manager for investment research and investor services at SMBC Nikko Securities Inc., said. (news.financializer.com). As reported in the news.

tank rsa: An investigation by think tank RSA has found that more than 40 per cent of working women would already struggle to pay an unexpected bill of just 100, compared with 30 per cent of working men, according to The Independent. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. But they're also more worried about the effect of Brexit on their personal finances than their male counterparts, according to a major new study that shows millions of women are already living life on the financial edge. You can form your own view. Subscribe now And 38 per cent feel that their job does not provide them with enough income for a decent standard of living, compared to just 24 per cent of their male counterparts. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.

executive: Its chief executive, Alex Laffey, will stand down with immediate effect . The revelations are a fresh headache for the fund manager Neil Woodford, whose funds own about 23% of Stobart's shares, according to The Guardian. In a double blow for holders of Woodford funds, the value of another major holding, Industrial Heat, has also been downgraded to reflect the slower progress of the company . Woodford's fund administrators, Link, also issued a further note to investors confirming that it will remain closed until early December, and that it had continued to fall in value, losing 11% since dealings were suspended in June compared with a small rise in the FTSE All Share since then. The company said there was a 2m error in its 2018 accounts, and that profits for the first half of 2019 would be significantly lower than forecast. Eddie Stobart Trucks & Trailers, and its spin-off, Eddie Stobart's Excellent Adventures, were a stalwart of Channel 5 television programming and won millions of viewers, but the ride for investors has been painful. From 1.60 a share in early 2017, they had fallen to 70p before trading was suspended. Shares in Eddie Stobart, founded by its now-90-year-old eponymous former boss at the end of the 1940s, have tanked in recent years. (news.financializer.com). As reported in the news.

information: Seoul said it was no longer in its national interest to continue sharing confidential information with its neighbour during a sharp deterioration in ties, according to Asahi Shimbun. Tokyo strongly protested against the move, and urged Seoul to reconsider.WHY IS IT IMPORTANT Japan's Defence Minister Takeshi Iwaya said the pact was vital for regional security, pointing in particular to the nuclear and missile threat from North Korea. ; During the series of North Korean missile launches, there was a thorough and careful exchange of information between both sides, Mr Iwaya told reporters yesterday. Here are five things to know about the decision.WHAT HAPPENED To general surprise, South Korea announced late on Thursday that it would not renew a pact with Japan to share military intelligence, called the General Security of Military Information Agreement. ; Under the pact, originally signed in 2016, the two US allies directly share military secrets, particularly over North Korea's nuclear and missile capacity. Scrapping the pact would only make bilateral defence cooperation harder, he said. He noted that Seoul's move came just as North Korea has ramped up tests of short-range ballistic missiles . Some analysts have played down the move, however, noting that the United States previously coordinated the flow of sensitive information between the pair, and this practice would simply continue.WHAT IS THE REGIONAL AND GLOBAL IMPACT South Korea's decision shows that trust between the two countries has crumbled, the left-leaning Japanese newspaper Asahi Shimbun said, adding that it would only benefit Washington's regional rivals. Mr Tobias Harris, an analyst at the Teneo consultancy, said that without the agreement, both militaries may find it more difficult to track missile launches from the regime in Pyongyang. (news.financializer.com). As reported in the news.

hong: Trade and military tensions between those two countries are intensifying, according to CNN. Powell will speak Friday at an economic meeting in Jackson Hole, Wyoming. Hong Kong's Hang Seng Index HSI advanced 0.6%, while China's Shanghai Composite Index SHCOMP also gained 0.6%. Japan'sNikkei N225 rose 0.2%, while South Korea's Kospi KOSPI was flat. He is facing political pressure from US President Donald Trump and expectations to deliver more rate cuts. Read More South Korea, meanwhile, said Thursday it would scrap its military intelligence-sharing agreement with Japan, an escalation in a trade dispute between the two countries that threatens global supply chains for smartphones and other gadgets. The danger is that ... Powell disappoints markets and isn't nearly as dovish as the street is hoping, wrote Jeffrey Halley, senior market analyst at Asia Pacific for Oanda, in a research note Friday. (news.financializer.com). As reported in the news.

goals sanders: Presidential candidate Bernie Sanders is out with a new plan to tackle climate change and it's got ambitious goals, according to MSNBC. Sanders' plan calls for 100% renewable energy by 2030, full decarbonization by 2050, Velshi proclaimed early in the 1 00 p.m. He then brought on left-wing activists to further justify the extreme policy proposal. ET hour on Thursday as he began a slide show detailing the wildly expensive and fanciful idea. Velshi then proudly announced the cost of the plan Here's one point where Sanders' plan differs from many other climate proposals, he puts a price tag on it and he lays out the costs. The anchor parroted Sanders' claim that it will create 20 million jobs across industries in an effort to decarbonize the economy. (news.financializer.com). As reported in the news.