China’s foreign-exchange reserves shrank to the smallest since 2012, indicating that the central bank sold dollars as the yuan’s retreat to a five-year low exacerbated depreciation pressure. The world’s largest currency hoard decreased by $99.5 billion in January to $3.23...
When speaking with a financial planner or investment professional not only is it important to know the right questions to ask, but it is also critical to know the “red flags” to look for. This video provides an overview of...
Married couples can often claim twice the retirement savings tax breaks of single people. Couples can also strategically save in their respective workplace retirement accounts to get the best possible employer contributions and investment options. Here's how to maximize the...
On February 1st, the day that Ted Cruz defeated Donald Trump in the Republican caucus in Iowa, Google’s parent company, Alphabet, won a contest of its own, vaulting past its longtime rival, Apple, to become the most valuable listed company...
In a surprise move, the Bank of Japan has introduced a negative interest rate. The benchmark rate of -0.1% means that commercial banks will be charged by the central bank for some deposits. It is designed to encourage them to...
It was once taboo to say that China could be a deflationary force, dragging the world into a slowdown as its own economy modernized. Serious economists and investors pooh-poohed the idea, saying that China's economy just didn't have that kind...
Along with bank runs and market crashes, oil shocks have rare power to set monsters loose. Starting with the Arab oil embargo of 1973, people have learnt that sudden surges in the price of oil cause economic havoc. Conversely, when...
Pressured by plunging oil prices and costly wars in the Middle East, Saudi Arabia moved to stamp out speculation that it might be forced to break the link between its currency and the dollar. Authorities this week ordered banks to...
Karen Chou, a 32-year-old bank worker in Beijing, had a New Year’s resolution: sell yuan, buy dollars. “I’m not optimistic about China’s economy,” she said, after rushing to exchange some of her savings for U.S. currency as part of heightened demand...
Are equities always the best investment for the long run? It is the message that is usually sold to individual investors. The message is based on theory; equities are riskier than government bonds so should offer a higher return (the...
A high-profile Bitcoin developer has said the crypto-currency has failed and he will no longer take part in its development. Mike Hearn, a Zurich-based developer and long-time proponent of Bitcoin, surprised many this weekend when he published a blog calling...
Back to the Future It's January 1, 2016 and Great Scott! It feels like we've gone back in time to the beginning of 2015, at least in terms of the market. The markets rallied in the fourth quarter but still...
Many investors blame the escalating weakness in corporate credit on falling commodity prices. But that’s only one piece of the story, one that ignores a collapsing credit cycle amid a much broader global slowdown. Standard & Poor’ said on Tuesday...
Worries about the Chinese economy continue to dog global markets. Famous economists and investors are making grim predictions. Is 2016 the year of doom and gloom? Having trouble? Click here » The Economist
...Strive to pay off lingering debt and get your finances in order in 2016. A new year is approaching, and with it comes the desire to do better. We make New Year's resolutionsfor all aspects of our life, and our money...
