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Reasons for Gold Miners being a Possible ‘Screaming Buy’

The time ahead for gold miners is slated to become even better than the present year which has been a great year for the gold miners, according to strategist Larry McDonald.   In 2016 there has been a 68 percent rise in the gold miners ETF, a popular way to play the group. This is despite...

Despite a Backdrop of Brexit and Anti-Globalization, World Leaders Vow to Boost Growth

As the world finance leaders confront stubbornly slow growth and a rising backlash against globalization, they have pledged Saturday to use more resources to try to bolster economic gains.   The world has "benefited tremendously from globalization" but that protectionism is a threat, said...

Outlook for a Medley of Metals Brightened by Electric Car Revolution

A new field for commodities investors could be opened up and the market for metals used in the electric car industry could be revolutionized by the new materials that go into such cars even as electric cars, like the Nissan Leaf, may look no different from the standard family runaround.  ...

Pros say Rich Multinationals Find Singapore Luxury Property 'Cheap'

While one dark cloud over the luxury end has disappeared, analysts say that all the obstacles facing Singapore’s property market might not be cleared.   According to Brandon Lee, a property analyst at JPMorgan in Singapore, compared with similar luxury properties in other major capital...

Crisis and Profit Potential Spur Zika Vaccine Race

The potential for big profit is driving the race to find protection against the Zika virus.   Interest of big drugmakers, including Sanofi SA, GlaxoSmithKline Plc and Takeda Pharmaceuticals have been attracted by the prospect of a blockbuster vaccine against a mosquito-borne virus which has...

New Threat to Battered Global Market Posed as China Set to Export Corn: Reuters

In a radical move by the world's No. 2 producer to cut its ballooning surplus and unleash more supply into a saturated global market, China has given approval to at least two companies to export corn, reported Reuters citing trading sources.   Top grains trader Cofco and major processor...

Tech, Data Start-Ups Could Emerge In The Shipping Industry From The Hanjin Incident

The global shipping industry is slowly waking up to the redeeming potential of technology after being ravaged by collapsing revenues, defensive mergers and the failure of major player South Korea's Hanjin Shipping Co Ltd.   The start-ups making the biggest inroads are those that are engaged...

Europol says Cyber Criminals Open to be Hired by Militant Groups

In a shocking revelation, EU police agency Europol said on Wednesday that militant groups have been offered the means to attack Europe as cybercriminals are offering contract services for hire. The agency however mentioned that such militant groups have yet to employ such techniques in major...

US Shale Gas is Causing quite a Stir in the U.K. as it Arrives in Britain for the First Time

A wider debate about the impacts of the shale industry on the environment and the global economy has been set as shale gas from the U.S. arrived on the shores of the U.K. for the first time Tuesday.   A ship called the Ineos Insight would arrive on the banks of Grangemouth in east Scotland...

KPMG Survey Finds Post-Brexit Majority of UK CEOs Considering Moving Operations Abroad

There is more bad news for Britain related to its exit from the European Union.   A recent survey has revealed that following the vote to leave the European Union by Britain, at least three-quarters of British company bosses are considering moving operations abroad and out of the country....

Softening Luxury Property in U.S. is all not Bad News

The message that high end homes prices are clearly losing altitude all around the U.S. were evident from the headlines in the luxury real estate market this year which have been dour if not outright grim.   Hones priced above $1 million dipped four percent from the previous month,...

Sources Say if Iran Freezes Output, Saudis Offer Oil Cut for OPEC

In a major compromise ahead of talks in Algeria next week, three sources familiar with the discussions told Reuters that Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its own output this year.   The sources reportedly told Reuters on condition of anonymity...
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