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News & Updates

August 22, 2016 U.S. banks want to cut branches, but customers keep coming

Source: Reuters

Despite banks' nudging toward online tools, many U.S. customers are not ready to give up regular visits to their nearest branch, complicating the industry's efforts to slim down.

August 22, 2016 This Is the Easiest Way to Invest in Change the World Companies

Source: Fortune

Managing a company to have a positive impact on society has become increasingly commonplace. Managing investors’ money that way is only just beginning to catch on.

August 22, 2016 Pfizer to buy Medivation in $14 billion deal

Source: Reuters

Pfizer Inc (PFE.N) said it would buy U.S. cancer drug company Medivation Inc (MDVN.O) in a deal valued at about $14 billion to boost its oncology portfolio.

August 22, 2016 Fed’s Fischer Says U.S. Central Bank Close to Its Targets

Source: Bloomberg

Federal Reserve Vice Chairman Stanley Fischer said the U.S. economy is close to the central bank’s goals and he expects growth to pick up in the future.

August 22, 2016 Yellen’s speech at Jackson Hole set to dominate mood on Wall Street

Source: CNBC

The U.S. central bank will be of key importance this week for investors, as its Chair Janet Yellen, is set to give a speech on August 26 at the Federal Reserve Bank of Kansas City's annual Economic Policy Symposium at Jackson...

August 22, 2016 Is the U.S. Staging a Middle Class Comeback?

Source: US News

William Dudley, president and CEO of the Federal Reserve Bank of New York, announced this week he sees evidence suggesting "the tide has begun to turn" on the erosion of the middle class.

August 19, 2016 Asian managers vie for US$11.5 trillion Islamic wealth pool

Source: Asia Asset Management

Islamic fund managers are vying with their conventional peers to tap into the Islamic wealth pool estimated at some US$11.5 trillion globally, according to a report published by the Malaysia International Islamic Financial Centre...

August 19, 2016 Exxon Scientists Just Made Tech To Slash Energy From Making Plastic

Source: Fortune

Scientists at oil giant Exxon and Georgia Tech have created a material that they say can drastically lower the energy use of a key step in the manufacturing of plastic

August 19, 2016 Dollar gains ground against yen as investors wait for fresh signals

Source: MarketWatch

The yen was lower against the dollar and the euro during Asian trade Friday after its rally close to the post-Brexit high earlier this week, with a lack of fresh trading cues making for directionless trade.

August 18, 2016 The Mystery of Hain Celestial's Accounting

Source: Fortune

On Monday, shares of Hain Celestial ( HAIN -3.96% ) hit a 10-month high of over $53, posting a 35% gain in 2016 and easily outpacing the S&P 500. It looked as though the purveyor of such natural and organic brands as Yves...

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