In a new year of economic uncertainty, gold is a bright prospect again

The recent gyrations in the FTSE 100 and the tumbling price of oil may have captured public attention, but in the last four months the FTSE All-Share index has lost 12% of its value and the gold price has jumped 10%. If any two figures really show how nervous traders have become about the new […]

This Is The Worst Year For Hedge Funds Since The Financial Crisis

It’s no secret that most hedge funds have had a particularly difficult year, and now that we have 11 months of data, it’s become clear that 2018 is the industry’s worse year since the global financial crisis. Between investor redemptions and performance-based losses, the hedge fund industry has shed 3.4% of its assets under management so […]

Global stocks sink after Fed hike, bonds rally

NEW YORK (Reuters) – Global equity markets gave up earlier gains and continued a weeklong sell-off on Wednesday after the U.S. Federal Reserve announced a fresh interest rate hike and said “some” further rate hikes would be necessary in the year ahead. The decision, announced at 2 p.m. Eastern time (1900 GMT), slashed more than […]

When Americans fear China, what are they really afraid of?

Chi Wang says American paranoia about China is shaped by China hawks’ narrow views. It is unfortunate that the average American has learnt to be suspicious of the Chinese government, but has no awareness of the average Chinese. Today, it appears that US-China relations are at their lowest point in decades, and that perception on […]

Facebook sued over Cambridge Analytica data use

Washington DC has sued Facebook for allowing the political consultancy Cambridge Analytica to gain access to the personal data of tens of millions of the site’s users without their permission. “Facebook failed to protect the privacy of its users and deceived them about who had access to their data and how it was used,” the city’s attorney […]

The London Housing Market Is Worse Than It Looks. Here’s Why

Confused about the state of London property prices? You’re not alone. There’s plenty of evidence that housing is in a rut, but the downturn that began with the priciest homes four years ago has been slow to spread out from the center of the U.K. capital. The market is now facing a number of additional […]

Ukraine warns of ‘full-scale war’ with Russia

Ukraine’s president has voiced his concern about a possible “full-scale war” with Russia, following the seizure of three of Ukraine’s naval ships by Russian forces over the weekend. President Petro Poroshenko called the clash between Ukrainian and Russian naval forces an “extraordinary event”, adding that his country is “under the threat of a full-scale war […]

North Korean still working at main nuclear site, IAEA says

North Korea appears to be still expanding operations at its main nuclear site, the U.N. atomic watchdog indicated on Thursday. The statement by the head of the International Atomic Energy Agency is a further sign that North Korea is pressing ahead with its atomic activities despite pressure from the United States for it to scrap […]