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Monthly Archives: February 2018

Euro hits day’s high at $1.23085 following ECB minutes

Ralph Orlowski | Bloomberg | Getty Images Mario Draghi, president of the European Central Bank (ECB), right, and Vitor Constancio, vice president of the European Central Bank (ECB), make notes during a news conference The euro rose to a day’s high on Thursday shortly after the European Central Bank released …

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Explosive device thrown at US embassy building in Montenegro

Savo Prelevic | AFP | Getty Images Police block off the area around the U.S. embassy in Montengro’s capital, Podgorica. An unknown person threw an explosive device, probably a hand grenade, at the United States embassy building in Podgorica, the capital of Montenegro, before blowing himself up, the government said …

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Fed’s Kashkari is unsure if Trump’s $1.5 trillion tax cuts will boost investment

David Orrell | CNBC | Getty Images Neel Kashkari, president of the Minneapolis Federal Reserve, in an interview on February 17, 2016. The “best hope” for the impact of the Trump administration’s $1.5 trillion tax overhaul on the U.S. economy is that it boosts investment and thus productivity, Minneapolis Federal …

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Oil at Japan shores is likely from sunken Iranian tanker: Japan Coast Guard

China Daily | Reuters Rescue ships work to extinguish the fire on the Panama-registered Sanchi tanker carrying Iranian oil, which went ablaze after a collision with a Chinese freight ship in the East China Sea. Rescue boats resumed their search in choppy waters for any survivors from the stricken Iranian …

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tricky terrain for South Korea’s mega-conglomerates

Jean Chung | Bloomberg | Getty Images Jay Y. Lee, co-vice chairman of Samsung Electronics speaks to members of the media as he leaves the Seoul Detention Center in Uiwang, South Korea, on Feb. 5, 2018. For chaebols then, it’s likely a case of being caught between a rock and …

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Don’t catch the ‘falling knife’ that is GE, warns analyst

General Electric shares have slid nearly 17 percent this year as the stock’s stunning decline continues, and some market participants see further downside looming. GE fell Wednesday for a second straight session, trading below key benchmark technical indicators and failing to break above $15 per share. The stock opened lower …

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South Korea has spent $220,000 on Kim Jong Un’s sister at Olympics

Getty Images Kim Yo Jong, sister of North Korean leader Kim Jong Un, arrives at the opening ceremony of the PyeongChang 2018 Winter Olympic Games at PyeongChang Olympic Stadium on February 9, 2018 in Pyeongchang-gun, South Korea. South Korea spent around 240 million won ($223,237) on the younger sister of …

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Rep. Trey Gowdy seeks EPA chief Scott Pruitt’s travel details

Getty Images Environmental Protection Agency Administrator Scott Pruitt testifies before the House Energy and Commerce Committee about the mission of the U.S. Environmental Protection Agency on December 7, 2017 in Washington, DC. The Republican head of the U.S. House of Representatives oversight committee sought details on Wednesday on how Environmental …

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Here’s how traders talked themselves into a sell-off

Olivier Douliery | Bloomberg | Getty Images Jerome Powell, governor of the U.S. Federal Reserve and President Donald Trump’s nominee as chairman of the Federal Reserve, arrives to a nomination announcement in the Rose Garden of the White House in Washington, D.C., on Thursday, Nov. 2, 2017. What happened? It …

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ROKU, P, CAKE & JACK

Brendan McDermid | Reuters People pass by a video sign display with the logo for Roku Inc, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, U.S., September 28, 2017. Check out the companies making headlines after the bell: Roku stock plunged more …

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