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Stock Buybacks Are the Wrong Target
Legislation banning companies from purchasing their own shares, or conditioning buybacks on investment in workers, would not significantly alter the distribution of wealth. What it would do is undermine the broad cooperation needed to tackle income inequality and a fast-changing labor environment. MILAN – The surge in stock buybacks in the United States has sparked a high-stakes debate about what
Mineberg: Helping Others Mine a ‘Lifetime’ of Bitcoins
Hong Kong Blockchain Week is happening March 4-8, 2019. Click here to meet 3,000 plus blockchain industry leaders. Hong Kong Blockchain Week is right around the corner, and among its many illustrious attendees is Mineberg. Mineberg is a vertically integrated industrial crypto mining equipment production company with offices in London, Israel, and Hong Kong. It builds a range of crypto
Misreading China’s Strength
The US believes that with Chinese growth slowing, China's leaders are desperate for a deal to end the bilateral trade war, regardless of when the current 90-day truce actually ends. But the two economies’ longer-term fundamentals compel a very different verdict about which side has the upper hand. NEW HAVEN – US President Donald Trump’s administration has underestimated China’s resilience
Robotics and AI Leaving Their Cages and Entering Our Daily Lives
Global leader Mouser Electronics just wrapped up a short, six-video series, “Generation Robot,” hosted by robotics guru and Mythbuster star, Grant Imahara on various innovative robotics and AI creations. 3888952 / Pixabay The crux of the series is captured by Magnus Egerstedt, a Roboticist at Georgia Tech: “We have the opportunity to use robots to enrich the human experience… The robots
Ping An Seeks to Float $8 Billion Fintech Unit in Hong Kong
Hong Kong Blockchain Week is happening March 4-8, 2019. Click here to meet 3,000 plus blockchain industry leaders. Chinese insurance juggernaut Ping An is warming up for a blockbuster IPO in Hong Kong, writes Bloomberg: Ping An Insurance (Group) Co., China’s largest insurer by market value, is gearing up for an initial public offering of its OneConnect unit that could
IBM Blockchain World Wire And Digital Currencies – Expert Comments
IBM announced its plans to further expand its Stellar-based cross border payment system, World Wire. Image source: YouTube Video Screenshot In a recent interview with Fred Schebesta, cofounder at Finder and host of YouTube show The Daily Exchange, at the recent IBM Think 2019 conference, Jesse Lund (VP of Blockchain and Digital Currencies for IBM) talks about the scope of
The 2019-2023 EM Fixed Income Outlook
Summary: EM fixed income should deliver compounded returns ranging from 30% and 60% in Dollar terms over the 2019-2023 investment horizon as markets revert to unwinding the so-called ‘QE trades’ after a temporary US election related interruption in 2018. As for 2019 returns, they may be marginally stronger than the five-year average due to the pullback in 2018. The main
Deep Learning Used To Create Fake Airbnb Listings
Taking a vacation can sometimes be extremely stressful – finding the right, affordable plane tickets, packing up, getting past the airport security hassles, and most importantly, finding a place to stay. In order to escape from the mind-boggling prices and taxes, we are introduced to a website, Airbnb, which lists apartments around the world for rent. Now, a new website
It Takes 2 (Questions) to Make a Thing Go Right
If you've been in the industry long enough, you may have been able to look a client in the eyes and tell them the 3 greatest words an advisor can tell a client. “We did it.” The human element in sharing that news is a win for any advisor and any client hearing it. However, when the human element in
New World Development Announces Hong Kong’s First Blockchain-Based Homebuying Platform
Hong Kong Blockchain Week is happening March 4-8, 2019. Click here to meet 3,000 plus blockchain industry leaders. Real estate giant New World Development (NWD) has announced the creation of Hong Kong’s first blockchain-based property purchase platform, EJ Insights reports. The platform is purportedly capable of slashing up to eight hours of transaction time by combining steps such as document