Nearly 200,000 millionaires in Singapore - a thousand with over S$60 million

The astounding rise in wealth per adult, 146 percent since 2000, can be attributed to increases in asset prices, high savings and a climbing exchange rate from the years of 2005 to 2012. Total wealth and wealth per adult in the USA have grown every... More..

by | Published
by | Sunday, October 21, 2018

Here are the winning numbers for the $1 billion Mega Millions jackpot

With the jackpot now tied with the record-setting lottery jackpot and bound to grow before the next drawing, it is bound to become the largest prize in US history. "We tell them how to play it", she said. "Th...More..

Caravan migrants break Guatemala border fence, rush Mexico
by | Sunday, October 21, 2018

Caravan migrants break Guatemala border fence, rush Mexico

On Friday afternoon, hundreds of the migrants poured through Guatemala's frontier posts towards the closed Mexican border on a bridge spanning the Suchiate River that bisects the two countries, Mexican tele...More..

Cypriot airline Cobalt cancels all flights from Stansted
by | Saturday, October 20, 2018

Cypriot airline Cobalt cancels all flights from Stansted

The airline said it cancelled flights from just before midnight on October 17, "due to indefinite suspension of Cobalt's operations ". Cobalt started operations in 2016 and meant to fill the void left by C...More..

Oil Futures End Higher, But Post Sharp Weekly Loss
by | Saturday, October 20, 2018

Oil Futures End Higher, But Post Sharp Weekly Loss

Stockpiles have risen more than 22 million barrels over the past four weeks as domestic drillers ramp up production, while refineries halt operations for seasonal maintenance. The United States is due to re-ins...More..

Salads, pork and chicken products recalled in Washington over salmonella, listeria concerns
by | Saturday, October 20, 2018

Salads, pork and chicken products recalled in Washington over salmonella, listeria concerns

These items were shipped to retail locations in OR and Washington. The CDC warns the recall has not been finalized and customers should still watch out for symptoms of infection, and get rid of any beef with ...More..

Advertisers sue Facebook over wrong video viewership numbers
by | Saturday, October 20, 2018

Advertisers sue Facebook over wrong video viewership numbers

Furthermore, its activity was described as "likely to deceive" advertisers. Facebook knowingly inflated video ad metrics and lied to advertisers about it, according to a group of those advertisers. Facebook...More..

Netflix adds more subscribers than thought
by | Saturday, October 20, 2018

Netflix adds more subscribers than thought

Shares of Netflix ( NFLX ) skyrocket almost 10% in pre-market trading Wednesday after the streaming giant delivered third-quarter financial results that crushed Wall Street's expectations in an upside surpris...More..

WSJ report says spammers were behind Facebook’s recent data breach
by | Saturday, October 20, 2018

WSJ report says spammers were behind Facebook’s recent data breach

The incident has been under investigation since September 25, when Facebook's security team discovered someone downloading a large amount of digital access tokens from the social platform. There is the magic ...More..

China's 3Q GDP growth slowest since 2009
by | Saturday, October 20, 2018

China's 3Q GDP growth slowest since 2009

The data Friday showed fixed-asset investment ticked up 5.4 percent year-on-year in the January-September period from record lows the year earlier when Beijing was reining in spending on bridges, railways, an...More..

by | Saturday, October 20, 2018

Walt Disney World building a nature-themed resort

The new project joins three other resort construction projects underway at Disney World. The gondola system will transport guests to and from Epcot , Disney's Hollywood Studios , Disney's Pop Century Reso...More..

Italy will support the European Union economic sanctions against Russian Federation
by | Saturday, October 20, 2018

Italy will support the European Union economic sanctions against Russian Federation

But he has warned that Italy's populist coalition government was "not scared" of using its veto powers in the European Union as a "last resort" to push the bloc into lifting sanctions against Russian Federation...More..

Large lottery jackpots available in weekend drawings
by | Saturday, October 20, 2018

Large lottery jackpots available in weekend drawings

Friday, while the winning Powerball numbers will be drawn at 9:59 p.m. Saturday. The lottery will do security checks at the retailer on Monday before releasing where the ticket was sold. Jackpots for both m...More..

Shareholders Back Proposal To Remove Mark Zuckerberg As Chairman
by | Saturday, October 20, 2018

Shareholders Back Proposal To Remove Mark Zuckerberg As Chairman

Separating the positions of CEO and chairman is the "best governance practice that will be in the interest of shareholders, employees, users, and our democracy", the proposal said . This is the lowest since Ju...More..

Despite Trump criticism, Fed policymakers see need for more rate hikes
by | Friday, October 19, 2018

Despite Trump criticism, Fed policymakers see need for more rate hikes

But Bullard has taken a different tack, arguing that the Fed rate hikes of the past roughly two years have only been possible because the economy outperformed the central bank's outlook. Despite his critic...More..

Tesla's Model 3 just got a bit more affordable
by | Friday, October 19, 2018

Tesla's Model 3 just got a bit more affordable

Meanwhile, many reservation holders are still waiting for the $35,000 version to come to market. Announced by Elon Musk via Twitter , the new mid-range sedan is available for order now in black, midnight s...More..

U.S. to exit global postal treaty
by | Friday, October 19, 2018

U.S. to exit global postal treaty

The deal has allowed the country to flood the United States with cheap goods at shipping discounts of up to 70 percent, putting American companies at a disadvantage and straining the USA mail system while fueli...More..

Tesla: Tesla secures land in Shanghai for its first factory outside USA
by | Friday, October 19, 2018

Tesla: Tesla secures land in Shanghai for its first factory outside USA

Tesla's investment in China, the world's largest auto market, can help it effectively dodge import duties levied on foreign-made vehicles in China, which can be as high as 40 per cent. Tesla has yet to say ho...More..

Trump says punishment over missing Saudi journalist must be 'very severe'
by | Friday, October 19, 2018

Trump says punishment over missing Saudi journalist must be 'very severe'

Asked if he heard or asked to hear audio of Khashoggi's alleged slaying, he said: "I don't have anything to say about that". However, authorities have so far only said they are concerned about their missing...More..

Canada Legalizes Marijuana, Plans To Offer Pardons For 'Minor Pot Convictions'
by | Friday, October 19, 2018

Canada Legalizes Marijuana, Plans To Offer Pardons For 'Minor Pot Convictions'

For the USA border, a Customs and Border Patrol spokesman who did not identify himself stated similarly that determinations about admissibility and whether any regulatory or criminal enforcement is appropriate ...More..

Burger King Has Designed a Sandwich to Give You Actual Nightmares
by | Friday, October 19, 2018

Burger King Has Designed a Sandwich to Give You Actual Nightmares

As announced in the New York Daily News , Burger King actually claims to have conducted a study with a company called Florida Sleep & Neuro Diagnostic Services, Inc., to see what happened when subjects ate...More..

What Trump Says Is the Biggest Threat to His Presidency
by | Friday, October 19, 2018

What Trump Says Is the Biggest Threat to His Presidency

As well as making life more hard for USA exporters, a stronger greenback also raises the borrowing costs of many heavily-indebted emerging market economies, such as those in Latin America which have high levels...More..

Bitfinex Hits Banking Snag Whilst Tether Falters
by | Thursday, October 18, 2018

Bitfinex Hits Banking Snag Whilst Tether Falters

This inevitably led to the temporary price decline. When I was reading some of the social media last night, there were a great many traders on Bitfinex and other exchanges that didn't know what to do - they...More..

Turkish Investigators Revisit Saudi Consulate as Pompeo Prepares to Brief Trump
by | Thursday, October 18, 2018

Turkish Investigators Revisit Saudi Consulate as Pompeo Prepares to Brief Trump

Over the past few days, Mr Trump has raised the possibility of " rogue killers " being behind the journalist's disappearance. "Now I have to accept: That is not going to happen". President Donald Trump's prev...More..

Ganja now legal as Canada allows recreational use
by | Thursday, October 18, 2018

Ganja now legal as Canada allows recreational use

Customs and Border Protection service declared in a statement last week. By afternoon, Clarke had sold his entire cannabis supply and had to turn away customers. Ontario Premier Doug Ford says the provi...More..

by | Thursday, October 18, 2018

'My Biggest Threat Is The Fed'

Trump says he knows the Fed is independent, but he thinks interest rates are rising too quickly. Every Fed policymaker backed the central bank's September decision to raise the target policy rate to between 2...More..

$1 million Powerball ticket sold in Lexington; jackpot swells to $430 million
by | Thursday, October 18, 2018

$1 million Powerball ticket sold in Lexington; jackpot swells to $430 million

The Powerball jackpot for Saturday's drawing has increased to $430 million. There were some big winners Wednesday night, though, including one ticket sold in Florida worth $2 million because it matched five n...More..

US Dispatches Goodbye Letter to Universal Postal Union
by | Thursday, October 18, 2018

US Dispatches Goodbye Letter to Universal Postal Union

State Department officials were to inform officials Wednesday at the Universal Postal Union in Bern, Switzerland, a United Nations branch that administers the treaty, of their intention to pull out of the sys...More..

by | Thursday, October 18, 2018

Fed signals more rate hikes despite emerging market 'stress'

The central bank expects to raise its key lending rate again in December - its ninth increase since 2015 - and three more times next year. The U.S. dollar index.DXY and Treasury yields rose to its highest lev...More..

Khashoggi was dismembered as Saudi operatives listened to music, report claims
by | Wednesday, October 17, 2018

Khashoggi was dismembered as Saudi operatives listened to music, report claims

Turkish authorities suspect he was abducted and murdered by the Saudis. Trump has threatened "severe punishment" if it turns out Khashoggi was killed in the consulate, although he has ruled out cancelling a...More..