Author: Lucas

SHANGHAI/BEIJING, Nov 27 (Reuters) – Chinese banks including major state-owned players announced on Friday they will suspend the opening of new accounts for their precious metal investment products from Saturday amid increased volatility in global and domestic precious metal prices.Industrial and Commercial Bank of China (ICBC) (601398.SS), opens new tab said in a notice on its website it would suspend the opening of new individual gold, silver and other precious metal investment trading accounts from Saturday via all channels, including over-the-counter and online or mobile banking. Sign up here.”Affected by the global epidemic situation and the international political and economic…

Bill Daddi is President and Founder of DBC, a marketing services communications agency serving the advertising, marketing industries.This year marks the 20th anniversary of my company’s founding. As president and founder of a communications and marketing agency that has exclusively supported advertising, marketing and insights companies during that time, here are some observations gained from my experience:Technology, data and methodology aside, this industry still runs on humans.As an industry, we sometimes do not take this human element sufficiently into consideration. Often, advanced technology and better methodologies are available to solve problems, but they run into the challenge of inertia and…

Deliveroo, Just Eat and Uber Eats offer a quick way to get supermarket groceries to your doorstep, offering delivery within minutes and charging a fee of just a few pounds. We may expect to pay a little more for the privilege, but just how much is this convenience really costing us? Our snapshot analysis of popular supermarket groceries bought via rapid grocery delivery sites and apps found shoppers could be paying at least 20% more on average, with some items more than double the price. Read on to find out how much more you could be paying when you fast-track your Asda, Morrisons,…

This article was written byFollowJulian Lin is a financial analyst. He finds undervalued companies with secular growth that appreciate over time. His approach is to look for companies with strong balance sheets and management teams in sectors with long growth runways. Julian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also combines growth-oriented principles with strict valuation hurdles to add an additional layer to the conventional margin of safety. Features include: exclusive access to…

TOKYO (Japan Times/ANN): Dassai, a sake brewer in Yamaguchi Prefecture, and Mitsubishi Heavy Industries said Thursday that a Japanese H3 rocket will carry ingredients for Dassai sake, as well as brewing equipment developed by the two for use in space.On the International Space Station, Japanese astronaut Kimiya Yui will test sake brewing in the Japanese experimental module “Kibo.” The goal is to produce sake on the moon in the future.In the test, the equipment, which reproduces the moon’s gravity, will make moromi fermented rice mash by mixing rice, kōji mold, and yeast with water.The moromi will be frozen and stored…

The 20th anniversary celebrations of the Isle of Gigha community buyout Land reform campaigners and community landowners have called for a £25 million annual fund to maintain Scotland’s world-beating progress towards community ownership of land and buildings. Such is the demand for community ownership across Scotland, this year the Scottish Land Fund (SLF) – which provides funding for the scoping and purchase of community buyouts – is heavily oversubscribed with applications. At the same time, applications to the SLF have now paused as this term of the Scottish Parliament comes to an end, with little certainty as to what will…

Feb 8 (Reuters) – Gold jumped more than 1% on Monday as expectations of a large U.S. economic stimulus package bolstered bullion’s appeal as an inflation hedge. Spot gold rose 1.1% to $1,831.28 per ounce by 2:23 p.m. EST (1923 GMT). U.S. gold futures settled up 1.2% at $1,834.20. Sign up here.U.S. President Joe Biden and his Democratic allies in Congress cleared the path for a $1.9 trillion COVID-19 relief package as lawmakers approved a budget outline that will allow them to muscle the plan through without Republican support. read more U.S. Treasury Secretary Janet Yellen said on Sunday the…

SHANGHAI, Jan 28 (Reuters) – Allianz (ALVG.DE), opens new tab said on Thursday it had obtained regulatory approval to set up China’s first wholly foreign-owned insurance asset management company, as the German insurer steps up expansion in the world’s second-biggest economy.The greenlight from the China Banking and Insurance Regulatory Commission (CBIRC) comes a month after the signing of China-EU Investment Agreement, which promotes cooperation between China and the European Union. Sign up here.It also comes as China has fully opened up its giant financial sector, and is stepping up efforts to attract foreign investment amid tensions with the United States.…

Delivered by Oxford Innovation Advice and funded by the West Midlands Combined Authority (WMCA), the initiative was originally designed to help firms explore the local funding landscape, understand their cashflow issues and access appropriate finance to suit their needs.Jaguar Land Rover signRecent events at JLR – which has large manufacturing bases alongside the M54 near Wolverhampton and Telford, as well as in Solihull – mean some firms are tapping into the support to offset some of the short and medium-term pain caused by the Coventry-headquartered car maker halting production for several weeks.The ‘Future Fit Cohort’ aims to get crucial information…

NEW YORK, Jan 15 (Reuters) – Trading volume in U.S. equity options hit a new record on Friday, according to data from options analytics provider Trade Alert.More than 49.5 million contracts traded during the session, Trade Alert said. Friday marked the expiration of monthly options contracts, which often results in heavier-than-usual volume. Sign up here.This year, some 416 million U.S. equity options contracts have already traded over 10 sessions. That’s equal to the total options volumes over the first four months of 2004, Trade Alert founder Henry Schwartz wrote in a note.Options volume has ballooned over the past year as…