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January, 23, 2017

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Business > Global Markets
Eight men as rich as half the world, report says
The gap between the super-rich and the poorest half of the global population is starker than previously thought, with just eight men, from Bill Gates to Michael Bloomberg, owning as much wealth as 3.6 billion people, according to an analysis by Oxfam released Monday.
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Pound tanks on Brexit fear as Europe stock markets retreat
The pound slumped Monday on reports British Prime Minister Theresa May was ready to take the country out of the European Union in a so-called "hard Brexit."
 
Taiwan's IT spending expected to grow over 2%: Gartner
Spending on information technology in Taiwan for 2017 is expected to grow more than 2 percent from a year earlier largely on the back of investments in communications services, according to global market information advisory firm Gartner Inc.
 
U.S. Federal Reserve Chair Janet Yellen says that the study of economics not only can help students manage their personal finances but also provide them with the skills for analytical and critical thinking needed for success later in life.
 
World stock markets retreated Thursday and the dollar sank, with investors deflated by a lack of economic detail from Donald Trump at his first post-election press conference.
 
European stocks rose Wednesday, with London striking another record pinnacle on the sliding pound and rebounding commodity prices.
 
Asian energy firms retreated Tuesday after a plunge in oil prices, while the pound's troubles mounted on worries about Britain's plans to leave the European Union.
 
The London stock market reached another record high Monday as the pound slumped to the lowest level in three months on Brexit concerns.
 
So maybe you shouldn't have purchased that 55-inch TV for your toddler or given a diamond incrusted collar to your corgi for Christmas.
 
Shares in Taiwan dropped Monday from a more than 1 percent increase seen a week earlier as smartphone camera lens supplier Largan Precision Co. (大立光) moved lower after irregularities were found in the trading of the stock, which triggered 22 brief trading suspensions during the session, dealers said.
 
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