Panmure Liberum (Bloomberg) — To President Donald Trump, the dollar is like a yo-yo that he can make go up and down. To equity investors, the toy looks broken — and a weaker dollar is now the latest obstacle they have to contend with when valuing stocks. The calculus is not easy, since a slumping…
2 On the same day that Bayern Munich announced a major shake up on their developmental FCB Campus, two 2. Bundesliga loan outs for FCB prospects were confirmed. Three more deals involving Bayern and Serie A clubs could be confirmed before the transfer deadline hits. Spanish winger Bryan Zaragoza appears poised to switch loan locales. …
HSBC, Hong Kong’s largest bank with a 6.2 million-strong customer base, suffered a widespread system breakdown on Friday afternoon. According to some customers, the bank’s mobile app and online services were inactive as early as 1pm, with login attempts diverted to a screen stating the system was under maintenance and would be accessible at a…
Donald Trump has instructed the homeland security secretary, Kristi Noem, not to intervene in protests occurring in cities led by Democrats unless local authorities ask for federal help amid mounting criticism of his administration’s immigration crackdown. On his social media site, Trump posted that “under no circumstances are we going to participate in various poorly…
When Hong Kong’s Housing Authority launched the Tenants Purchase Scheme (TPS) in 1998, it embodied the city’s aspiration of home ownership for all. Then the chief executive, Tung Chee-hwa, envisioned public housing tenants buying their flats at a discount, transforming renters into homeowners. That year, the first batch of 25,000 flats was rolled out. In…
At the moment, Brits travelling to China have to go through quite the slog before even getting to the airport. They’ve got to apply for a visa at least three months in advance of their trip, pay at least £130 for the visa (up to £250 if they want it quickly) and physically go to one of the…
Real Madrid have been linked with several former players in the last few seasons. A recent report has suggested that a player playing in the Premier League is back on the Spanish clubs’ radar. Los Blancos are also looking to move on one of their star players, adding a cheaper option to help overhaul the…
We recently published Jim Cramer Discussed Trump, CEOs & These 10 Stocks. United Parcel Service, Inc. (NYSE:UPS) is one of the stocks Jim Cramer discussed. Logistics giant United Parcel Service, Inc. (NYSE:UPS)’s shares are down by 21% over the past year and are up by 4% year-to-date. Evercore ISI raised the firm’s share price target…
2 Kicker reports that, at its next General Assembly Meeting on March 3rd, the DFL will vote on a clearly designed new series of penalties for clubs that violate Bundesliga financial regulations. The league body responsible for administering Germany’s top two professional footballing tiers wishes to impose stricter violations on clubs spending too much of…
Hong Kong authorities have uncovered robot-operated accounts booking public indoor sports venues just a week after a new anti-touting policy took effect, prompting experts to call for stronger measures against scalping. A Leisure and Cultural Services Department spokesman told the South China Morning Post that authorities had detected bots being used to book public indoor…