NewsCrypto Investors Distraught By $10bn Drop In Bitcoin Value Over Course Of Just 30 Minutes
It seems analyst and investor hopes of a forthcoming upsurge in Bitcoin and other cryptocurrency prices could have been misplaced, as Bitcoin values dropped by $600 (£494) in just 30 minutes on Wednesday, 28 August 2019. The cryptocurrency markets have been extremely volatile through 2019, and this latest Bitcoin crash has caused a rethink about […]Greene King Brewery And Pubs Business Sold To Hong Kong Buyer
Interested market observers may have wondered why Greene King shares increased by more than 50% in mid-August, the reason is because Hong Kong-based business giant CKA has taken over the business. Greene King is a major player in the UK’s brewery, pubs and restaurant sector, owning about 2,700 pubs, hotels and restaurants. The takeover gives […]Turkish Pension Firm to Buy British Steel
British Steel, the doomed company that has been struggling to overcome its declaration of insolvency, has tentatively been bought by Turkey’s military pension fund. Jobs Saved In a deal announced in August, the Turkish Armed Forces Assistance Fund plans to buy the company out, potentially saving the jobs of around 5,000 people in its central […]Semi-autonomous Electric Scooters Launched By Segway-Ninebot
The electric scooter manufacturer Segway-Ninebot showcased their latest innovations on Friday 16 August which included electric scooters that take themselves back to charging stations. This electric scooter development is likely to be welcomed enthusiastically by the growing scooter-share sector. Growth Of Electric Scooters And Related Companies Electric scooters have become increasingly popular with commuters in major cities […]Shares Dumped By Investors As Global Recession Worries Increase
Concerning figures from the New York Stock Exchange have shown that high-level investors are dropping key investments in global currency and assets for safer choices. As fears grow among American investors over the unresolved US-China trade war and a number of high profile economies reporting shrinkage over the second quarter, many are turning to historically […]ASOS Shares Plunge In Value: Is The Online Shopping Bonanza Slowing?
Shares in the online clothing retailer ASOS dropped another 23% on 17 July following a second profits warning from the fashion giant. The first profits warning in December 2018 saw shares drop around 37%, and the company is now trading at just over £21. Is it worth buying shares in ASOS now? The two profits […]Chinese Video Game Company Could Be A Winner
Most western video game fans and investors will not know about Changyou.com, but it is a great opportunity to acquire heavily discounted stock. It’s a Chinese video game developer and publisher that emerged from Sohu in 2009, and is famed in China for is RPG franchise TLBB. It’s a game series that is arguably past […]High Stakes: Can Chainlink (LINK) Continue To Reward In Crypto?
The price of Chainlink (LINK) has seen a meteoric rise since May and even as ‘big daddy’ Bitcoin recently began reminding the cryptocurrency ‘altcoin’ market who’s boss. Some of these altcoins vary widely in their focus and application, and may never resurface to all-time highs, while many have held up well. These include the blockchain […]Stock Connect Opens UK And China Stock To Both Markets
Stock Connect means it’s now possible to trade UK shares in China and vice versa. The Chancellor, Philip Hammond, announced on 17 June that UK companies listed on stock markets will become the first foreign businesses to be listed in China. The new London-Shanghai Stock Connect initiative goes live on 17 June, meaning UK listed […]Bank of England Two Year Interest Rate Outlook
The Bank of England Monetary Policy Committee meet on 20th June, and raising interest rates is likely to be a topic under consideration. Three senior members of the Committee have already warned that the UK is likely to need to raise interest rates several times in the next two years, irrespective of the global trade […]Older Posts