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Banks, insurers and money managers are planning to move $1 trillion of assets from the UK to the rest of Europe as Brexit uncertainty take its toll, according to a survey by EY. EY said that its estimate might be low, as many firms haven’t declared the value of assets being transferred, yet. According to another […]
Asian shares sped ahead on Monday as a dovish turn by the Federal Reserve and startlingly strong U.S. jobs data soothed some of the market’s worst fears about the global outlook. Stocks Japan’s Nikkei (N225) shot up 2.8 percent. Nasdaq (IXIC) 4.26 percent. S&P 500 (SPX) jumped 3.43 percent. Asia-Pacific shares outside Japan (MIAPJ0000PUS) put […]
Action Fraud, the national reporting centre for fraud and cybercrime run by the City of London Police, says that in 10 months last year there were 2,739 reports of contactless fraud, totalling almost £1.8 million — up from 1,440 cases worth £711,000 in the same period in 2017. Thieves are taking advantage of the tap-and-go […]
Asia markets traded mixed on Friday following sharp declines in U.S. stocks overnight as a dire quarterly warning from Apple stoked fears of a slowdown in the global economy. Stocks Japan’s Nikkei 225 dropped 2.68 percent in afternoon Topix index fell around 1.9 percent with almost all sectors seeing declines. Nasdaq E-mini futures (NQc1) down 2.2 percent. […]
Apple’s worst day of trading has sent shock waves around the world, with Australian stocks also feeling the brunt of the fallout. Stocks tumbled on Wall Street, with technology companies suffering their worst loss in seven years, after Apple reported that iPhone sales in China are falling. The rare warning of disappointing results from Apple […]
U.S. stock futures fell and Asian shares wobbled on Thursday after a rare revenue warning from Apple Inc added to worries about slowing global growth and weaker earnings. The California-based tech giant blamed fewer iPhone upgrades and slowing sales in China in warning about revenues in its most recent quarter, its first such warning since […]