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Start of a New Year of Trading, and Jobs Report From December

Here’s what to expect in the week ahead: MARKETS Trading Takes a One-Day Rest The question for financial markets in 2018 is whether they can continue to chalk up big gains. Most markets around the world will be closed on Monday, as traders get an extra day of rest. Across much of the United States, 2018 will begin with a continuation of unusually cold temperatures, according to the National Weather Service. Zach Wichter SMALL BUSINESS Marijuana Becomes Legal in California…

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Domestic, global flows are expected to stay favourable in early 2018

Benchmark indices gained about 28-29 per cent in 2017, their best yearly performance in three years. The gains came despite corporate earnings disappointing and the economy growing at a sluggish pace. Many stocks saw their valuations get re-rated, taking multiples way above their historic averages. This was made possible by the highest-ever investments by domestic mutual funds (MFs) and supportive global portfolio flows. The rally in stocks is expected to continue in 2018 on hopes of a revival…

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Ripple: cryptocurrency enjoys end-of-year surge – but will it endure? | Technology

If 2017 was the year of bitcoin, the pioneering cryptocurrency that neared $20,000 in December, will 2018 be the year of Ripple? The market value of Ripple, also known as XRP, rose more than 50% on Friday, to a record $85bn. Ripple continued to climb over the weekend, peaking at over $100bn, and now surpasses Ethereum ($72bn) as the second most valuable cryptocurrency after bitcoin ($237bn). Friday’s sharp run-up puts the currency on track to have risen in value by…

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Egyptian mummy’s secrets revealed at hi-tech laboratory

Image copyright Northwestern University Image caption The mummy has a portrait of the buried child placed over its face Scientists at a leading laboratory in the United States are using a cutting-edge form of X-ray to scan inside an Egyptian mummy that has never been unwrapped since its excavation a century ago. This is the first time that such a high intensity synchrotron X-ray will have been used on a mummy, with the aim of producing an extremely detailed three-dimensional…

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New Year revellers hit streets in best party outfits

 Raucous Britons threw caution to the wind of Storm Dylan in a wild night of booze-fuelled mayhem on the streets as they welcomed in 2017. Few seemed very keen to wrap up warm as women bared acres of flesh after leaving packed out clubs and bars in the early hours of the morning. Others struggled were seen sitting on kerbs looking worse for ware, while violence erupted in some places.  Among the millions of revellers, 150,000 people hit the streets…

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Compass Group chief killed in Australia aircraft crash

Mark Wembridge in Hong Kong January 1, 2018 Experimental feature Listen to this article Play audio for this article Pause Experimental feature or Give us your feedback Thank you for your feedback. What do you think? I‘ll use it in the future I don‘t think I‘ll use it Please tell us why (optional) Send Feedback Richard Cousins, City of London company turnround expert and chief executive of FTSE 100 caterer Compass Group, has died in an aircraft crash in Australia…

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Even if it is ‘peak beer,’ is there still a play to be made in craft brewing? – Business

While concerns are floating about whether the craft brewing industry in Canada has hit ‘peak beer’, the enthusiasm hasn’t gone away. The beer industry is going through a major transformation. Canadians are drinking less beer overall and that’s bad news for giants Molson Coors and AB-InBev. Yet, at the same time craft beer sales are growing.     For those interested in finding a way into business, some in the industry say there is at least one approach that might be a…

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Oran Hall | Getting rid of an executor | Business

QUESTION: I would like to know if an executor can remove an executrix from a will. – Joy   FINANCIAL ADVISER: It is possible to remove a person as an executor or executrix (the female equivalent of an executor) of a will, but it would have to be done through the courts, and evidence would have to be produced to support the application. Any interested party, such as a person standing to benefit from the will or a person having…

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Why poop toys for kids are flying off the shelves

This year’s forecast for the toy industry is in the toilet — literally. A new game called “Pull My Finger” — in which players compete to pull a purple monkey’s finger without releasing a noisy fart from its oversized, inflatable butt — did “gangbusters” when it hit shelves at Toys “R’ Us ahead of the Christmas crunch. That’s according to Jakks Pacific, a toy manufacturer based in Malibu, Calif. The publicly traded company is likewise plotting to launch a gun-like…

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What can we expect from Pakistan’s business landscape in 2018? – Pakistan

GREAT EXPECTATIONS By: Afshan Subohi A decade-high GDP growth, contained inflation, expansion in all key sectors, dividends of massive CPEC investment being cashed in and a visible improvement in security and power supply. Yet it still doesn’t feel like a fresh start. Are there external vulnerabilities? Can twin deficits reverse the rising tide? Is the growth thrust strong enough to survive political upheaval? Is it sensible for stakeholders cognisant of risks in an election year to hold. In this special…

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Photos: McDan CEO is new Gugba Naa of Tamale

Gugba Na (Dr Daniel McKorley) acknowledges cheers and apellations during a horse ride procession through the streets of Tamale after his enskinment. The Executive Chairman of the McDan Group, Dr Daniel McKorley, is now the Gugba Naa of the Tamale Traditional Area after he was enskined by the Dakpema Naa Mohammed Alhassan Dawuni. This was at a colorful; ceremony at the Dakpema Palace in the heart of the Tamale Metropolis. The Gugba Naa, whose title means unifier, will add to the…

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OceanFirst Financial Corp. (OCFC) EPS Estimated At $0.45

January 1, 2018 – By Maria Brooks Investors sentiment increased to 1.74 in Q3 2017. Its up 0.12, from 1.62 in 2017Q2. It improved, as 6 investors sold OceanFirst Financial Corp. shares while 29 reduced holdings. 22 funds opened positions while 39 raised stakes. 21.84 million shares or 5.90% more from 20.62 million shares in 2017Q2 were reported.Moreover, Bancorporation Of New York Mellon Corporation has 0% invested in OceanFirst Financial Corp. (NASDAQ:OCFC). Victory…

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Ireland up in global economic table – but Asia on the rise

China – aided by cities such as Hong Kong, pictured – is likely to overtake the United States as the world’s top economy in 2032 Ireland up in global economic table – but Asia on the rise Independent.ie Ireland has risen two places in a global economic ranking, but is expected to fall over the next decade as Asian economies leapfrog those in the west. https://www.independent.ie/business/irish/ireland-up-in-global-economic-table-but-asia-on-the-rise-36448432.html https://www.independent.ie/incoming/article36448152.ece/61a4e/AUTOCROP/h342/page27_table.jpg Email Ireland has risen two places in a global economic ranking, but is…

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Libby App Connects eReaders to Business Titles from Most Major Metro Public Libraries

When was the last time you thought about going to your local library to check out a book? The Libby app connects local libraries and the thousands of eBooks and audiobooks on their digital bookshelves 24/7. The Libby app is developed by OverDrive. To date, more than 39,000 libraries and schools in 70 countries are part of the service. A catalog of over 2 million eBooks, audiobooks and videos are in the collection covering fiction and non-fiction titles across every…

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4 Tips to Successfully Take Your Small Business Offline

Once upon a time, small business owners wondered whether they really needed a website. They asked themselves what getting online could do to help them, and wondered if it was worth the effort and associated costs. Nowadays, small business owners are as likely to ask themselves whether they really need a brick and mortar store. More and more businesses are starting up online. It’s estimated that there are over 3 million eCommerce stores in the world. Of these, a good…

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