News

11.10.2017

Nobel Prize Thaler is surprised by stock prices volatility

University of Chicago professor Richard Thaler may have won the Nobel Economics Prize on Monday for his work on behavioural economics, but the behaviour of investors has him stumped. Thaler said on Tuesday he is puzzled by the steady rise of global stock markets in recent years, even as many countries are gripped by political and social drama.

 
Read More
11.10.2017

Red alarm: obesity rate increased ten time in latest 40 years

The number of obese children and adolescents aged 5-19 has risen tenfold over the past four decades, reports the World Health Organization (WHO)external link. Wednesday, October 11, is World Obesity Day. On the occasion of World Obesity Day, the WHO and Imperial College London released their latest study on childhood and adolescent obesity worldwide, which was published in the medical journal The Lancet.

 
Read More
11.10.2017

Swiss people flush milions worth of gold every year

Swiss scientists say that $3.4 million worth of gold and silver end up in the nation's waste treatment plants annually. According to scientists at the Swiss Federal Institute of Aquatic Science and Technology (Eawag) about 43 kilograms of gold and three tonnes of silver pass through the nation’s wastewater treatment plant every year. With gold prices hovering just below $1,300 and silver above $17 an ounce, that waste is worth around $3.4 million annually – in other words that is expensive poop.

 
Read More
10.10.2017

LVMH reported "brilliant" results in third quarter

LVMH, the world’s biggest luxury goods company, reported higher-than-expected revenue growth for the third quarter on Monday, setting a high bar for peers after strong sales at its fashion brands. LVMH, home to labels like Louis Vuitton, Christian Dior and Moet & Chandon champagne, said like-for-like revenues, which strip out currency swings and acquisitions or disposals, grew 12 percent from a year earlier to €30.1 billion ($35.4 billion). That beat the 9 percent organic growth forecast in an analyst poll compiled for Reuters by Inquiry Financial and was stable from the previous quarter, in spite of a weaker showing by LVMH’s spirits unit and a tricky foreign exchange climate.

 
Read More
10.10.2017

Inflation is dead, long live inflation

It may be that nominally independent central banks are not really as independent as they seem.

 
Read More
10.10.2017

Frankfurt is the winner of the race post-Brexit

Frankfurt is emerging as the frontrunner in the battle for the post-Brexit spoils, as the German city lures banks and jobs out of London amid uncertainty over divorce talks. After months of stalled negotiations in Brussels between Britain and the EU left London’s future shakier than ever, a growing number of banks are stepping up their contingency plans by leasing office space in other European cities. While rival hubs have jostled to attract London’s bankers, Frankfurt – the city known by locals as Mainhattan, indicating its dreams of financial stardom – has established a clear edge over competitors such as Paris, Dublin and Amsterdam.

 
Read More
10.10.2017

Luxury tax becomes a hot topic for Macron

Following a couple of weeks of public uproar after the French government said it was going to scrap a wealth tax that applies to personal assets of more than $1.5 million, Emmanuel Macron’s administration will propose a tax on luxury yachts, supercars and precious metals in France’s 2018 budget.  Macron, a former Rothschild banker, has been trying to shake off the label of “president of the rich,” but the September proposal of replacing the tax on high-end assets such as jewellery with just a real estate tax didn’t help his cause.

 
Read More
10.10.2017

Bitcoin's bubble will blow up under government pressure, Harvard professor says

Bitcoin's future is undoubtedly tough to predict. The pundits either believe it will go to the moon or collapse. The latest to join the league of those predicting the demise of Bitcoin is Kenneth Rogoff, a professor of economics at Harvard University. In a blog post in the Guardian, Ken Rogoff writes: "Is the cryptocurrency Bitcoin the biggest bubble in the world today, or a great investment bet on the cutting edge of new-age financial technology? My best guess is that in the long run, the technology will thrive, but that the price of Bitcoin will collapse."

 
Read More
10.10.2017

IKEA plans to sell online through marketplaces

IKEA plans to test “open-source” design and full-range town-centre showrooms as part of the furniture retailer’s efforts to adapt to rapidly changing consumer shopping habits. The budget furniture retailer’s strategy will still be based on its out-of-town warehouse stores, where shoppers pick up their purchases, but it also wants to become more accessible, physically and digitally. It has launched trial store formats such as smaller city centre stores, order and pickup-points and – the latest test format – a kitchen showroom in Stockholm’s financial district. 

 
Read More
09.10.2017

ECB: eurozone banks are mostly ready after stress test

Most big eurozone banks are well braced for possible future interest rate rises, the European Central Bank said Monday after running dozens of them through a stress test. On a scale running from a top mark of 1 to the lowest of 4, 60 out of 111 banks scored 1 or 2 in the test, the ECB said. For the first time, the stress test examined how sudden changes in interest rates will affect banks’ income and the value of their assets. Of the other banks, 34 received a mark of 3 and 17 scored a 4.

 
Read More




Events


Semptember 2015
  • 22
    Jan

    The caspian week conference is a meeting point of visionaries, market leaders and experts with the f

  • 22
    Jan

    The climate transition creates opportunities and risks, and financial institutions and corporations

  • 22
    Jan

    Seit über 30 Jahren ist die ZfU International Business School Gastgeber für die angesehensten Inve

  • 30
    Jan

    Over 150 Fintechs CEOs from all over the world will be in both panels & interviews and on this stage

  • 31
    Jan

    From 2018 onwards, Switzerland’s financial fair will only be open to professional investors. This

See All

newsletter

Updates and news from MarketPlus