Arthur Ng

79 Added | 1 Magazine | 10 Followers | @Arthur_5 | Final year law student - Sussex university

Philip Hammond

FX Focus: Pound on front foot against dollar and euro ahead of crucial week

Dollar slides as investors grow confident the Federal Reserve will not hike interest rates.<p>The pound gained ground on Monday (19 September), as …


The Latest Trade Figures Out of China Are Gloomy

The latest trade figures out of China depict a dreary start to the year and may only heighten anxieties about a serious economic slowdown in the …

Goldman Sachs
European Union

Starbucks is gambling on China, and it could backfire

During last quarter's conference call, Starbucks CEO Howard Schultz said that the coffee chain was "just getting started" in China, its largest market outside the United States. Starbucks now has nearly 2,000 stores in almost 100 cities in China, and plans to boost that figure to 3,400 by 2019. By …

Howard Schultz

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Stock Markets

Russian economy in turmoil as Putin is battered by falling oil price and sanctions

Embattled economy expected to remain in recession for a second straight year<p>Russia’s economy contracted at the fastest pace in six years in 2015, as plunging oil prices and sanctions over aggression in Ukraine took their toll.<p>The country’s GDP dropped by 3.7pc last year, according to state-run …

Enterprise Tech

Oil price slump pushes Russian rouble to a new all-time low

Russian currency falls by more than 4pc against the dollar as analysts suggest there is more pain to come<p>The Russian rouble has plunged to a record low against the US dollar, as falling oil prices take their toll on one of the world’s largest energy exporters.<p>The currency dropped by more than 4pc …


Qualcomm Forms Joint Venture In China to Take on Intel

Mobile chip giant Qualcomm is getting into the data center market with a new joint venture to design and sell server chips in China. The joint …

BT's £12.5bn EE takeover gets green light

Competition and Markets Authority gives final clearance saying deal will not hurt mobile phone or broadband customers<p>The competition regulator has given the final clearance for BT’s contentious £12.5bn takeover of EE, Britain’s largest mobile phone network.<p>The Competition and Markets Authority said …

Oil & Gas Industry

Pound plunges to five-year low on 'rubbish' UK manufacturing performance

No change to 'dire' performance in UK's manufacturing sector<p>Sterling plunged to a five-and-a-half year low against the US dollar on Tuesday, as the UK's manufacturing sector shrank unexpectedly.<p>Manufacturing production dropped by 0.4pc in November according to Office for National Statistics (ONS) …

Shell and BG investor who attacked £40bn tie-up will also back deal

Standard Life Investments is to use its stake in BG to support deal, just days after saying it would use its Shell holding to vote against it<p>Standard Life Investments is to use its stake in BG Group to back the oil company’s £40bn merger with Royal Dutch Shell, just days after calling the deal …


Chinese stocks tumble again, oil falls and gold rises

Another disappointing start to the week following a rough trading session in China<p>China's benchmark Shanghai stock index closed down 5.33pc today, as investors continued to worry over the state of the world's second largest economy, which is already responsible for sparking a rout across global …

Stock Markets

Is It Time To Buy Apple's Stock?

Apple’s stock has been pretty rotten lately.<p>The iPhone maker’s shares have declined from their all-time peak of nearly $135 last April to a recent …

UK house prices to crash as global asset prices unravel

Asset prices around the world are collapsing as the global economy slows and UK housing will not escape<p>House prices have broken free from reality and defied gravity for far too long, but they are an asset like anything else, and there are six clear reasons a nasty correction looms in the coming …

Stock Markets

Apple Music gets to 10 million subscribers in 6 months, when it took 6 years for Spotify

Apple Music's rapid growth is pretty impressive, considering its rival Spotify took six years to surpass the 10-million-subscriber threshold, the report said.<p>Apple Music made its debut in June 2015, launching in more than 100 countries. In October, Apple CEO Tim Cook said it had 6.5 million paid …

Music Industry

'Googling Reality': Internet Of Things Extends Business' Ability To Sense And Respond

The Internet of Things literally has the potential to turn every object on this planet into a computer node. Is that a good thing? Who knows? But the proliferation of computing power and data opens up interesting new avenues for business. The challenge is figuring out what those avenues are, and …

Artificial Intelligence

Pfizer Just Jacked Up Prices for All of These Drugs

Pfizer Inc (pfe), which plans a $160-billion merger with Ireland-based Allergan Plc (agn) to slash its U.S. tax bill, on Jan. 1 raised U.S. prices …

Stock Markets

As the EU Buys into Circular Economy, Many Worry It May be Impossible

<b>By Cherry Tsoi, MS candidate, environmental studies and sustainability science, Lund University</b><p>The "circular economy" is a concept attracting a lot of attention in the European Union at the moment. It is not only being proposed for the second time as an economic strategy package by the European …

China's consumer inflation edges up in December

BEIJING--China's consumer inflation edged higher in December on rising food prices, signaling that demand may be stabilizing at a low level in the …