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Monthly Archives: August 2023

China property stocks surge after PBOC vows support for private companies

A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images Chinese property stocks surged on Friday after the People’s Bank of China vowed to pledge more financial resources to support the private economy. Hong Kong-listed shares of real estate developers …

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A psychologist shares the 6 toxic traits of ‘highly narcissistic’ parents—and how to deal with them

Narcissistic parents often lack the traits required to be a successful parent, such as self-awareness, compassion, patience and empathy. As a psychologist who studies narcissism, I’ve found that kids of narcissistic parents can grow into adults who struggle with self-blame, self-doubt and a constant feeling that they aren’t enough. While …

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Secondhand watch prices down on Rolex, Patek Philippe, Audemars Piguet

A tray of Rolex watches are seen on a dealer’s stand at the London Watch Show on March 19, 2022 in London, England. Leon Neal | Getty Images Prices for luxury watches are near a two-year low on the secondhand market, reversing a rally that brought timepieces like Rolex, Patek …

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Airplane pilot in viral video shows great leadership

When a video of an American Airlines pilot scolding his passengers during a pre-flight announcement went viral, some people deemed it patronizing. Others, including a Harvard University expert, are hailing the pilot’s speech as an example of strong leadership — at a time when passengers desperately need it. “I say …

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International travel surges while domestic airfares, hotel rates lag

Women pose for a photo while holding an ice cream at Trevi fountain during hot weather as a heat wave hits Europe in Rome, Italy, July 19, 2022.  Guglielmo Mangiapane | Reuters The competition for travel dollars is heating up, and the U.S. is losing out. Airlines and hotel chains …

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South Korean defense stocks power ahead as overseas interest grows

In this handout image released by the South Korean Defense Ministry via Dong-A Daily, a missile is fired during a joint training between the United States and South Korea on June 6, 2022 in East Coast, South Korea. South Korean Defense Ministry | Getty Images South Korean defense stocks have …

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Japan, India are Asia’s most expensive countries to send overseas workers

Japan’s salary and benefits packages for expats remained the highest in Asia, a new report has found.  The average expatriate package in Japan costs employers $370,183, according to “MyExpatriate Market Pay” survey by data company ECA International.  That’s however 12% lower than last year, due to the weak Japanese yen, …

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EV makers promote advanced tech to compete in China

An XPeng Inc. G9 electric vehicle at the Shanghai Auto Show in Shanghai, China, on Monday, April 24, 2023. Qilai Shen | Bloomberg | Getty Images Global electric vehicle makers are tapping advanced technology to vie with each other and domestic brands in the intensively competitive Chinese market. China is …

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Apple services are very profitable and may be ready for takeoff again

A man holds an Apple iPhone5S as he uses Apple Music app on October 11, 2017 in Hong Kong, Hong Kong. S3studio | Getty Images Apple’s third-quarter earnings report on Thursday showed a revenue decline in the company’s most iconic hardware products — iPhone, iPad and Mac. The current period …

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Here’s everything you need to look for in Friday’s July jobs report

Miami Beach, Florida, Normandy Isle, 7ty One Venezuelan restaurant, interior with customers dining and wait staff cleaning up.  Jeff Greenberg | Universal Images Group | Getty Images Friday’s jobs report could provide a crucial piece to the increasingly complicated puzzle that is the U.S. economy and its long-anticipated slide into …

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