After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
What the other papers say this morning – 11 April 2014 April 10, 2014 FINANCIAL TIMES Banks urged to act over Heartbleed A US regulator has warned that cyber criminals could be impersonating bank services or stealing users’ online banking passwords after the “Heartbleed” bug, called one of the most significant breaches of internet security ever, was discovered in the software used to secure two-thirds of the web. The [...]
Asian markets shrug off poor Chinese exports April 10, 2014 Asian markets have tempered their earlier optimism as China's latest trade data showed imports and exports under-performing market expectations. In March, export growth came in at -6.6 per cent, significantly weaker than Bloomberg's median forecast of 4.8 per cent. However, markets were reassured that the poor figures were partly attributable to distortions caused by over-invoicing [...]
Asian markets make gains but Japan is left behind April 9, 2014 Asian markets are on the up after a more bullish day on Wall Street. A strengthening global economy and China's move away from a more restrictive credit policy all contributed to a rise in confidence. Positive jobs data from the US combined with Chinese stimulus efforts to head off a slowdown in growth have also [...]
How Britain can unlock private capital for infrastructure April 8, 2014 WALK into China’s state planning agency in Beijing and you can pick up a 40-page guide to potential investment opportunities in the UK. That may seem like a small thing in itself, but it's yet another smart move by a commercially-savvy Treasury team bent on banging the drum for inward investment. Chinese investors have never [...]
Asian markets remain subdued as Bank of Japan holds firm April 8, 2014 Asian markets are holding steady after the Bank of Japan maintained its stance on monetary policy and disappointed some investors with a refusal to hike purchases of risk assets. Japan's current account balance showed a surplus for the first time in five months in February, this was attributed to strengthening exports and an increase in [...]
How QE has harmed the economy April 7, 2014 LET ME begin with a confession. I admire former Fed chair Ben Bernanke for undertaking quantitative easing (QE) back in 2008. It was a brave decision, which involved taking a bold step across an unknown monetary horizon. It was also the right decision for the time, as it prevented the money supply from collapsing – [...]
HTC’s losses widen as flagship smartphone attracts slim sales April 7, 2014 TAIWANESE smartphone firm HTC reported a wider than expected first-quarter loss as its flagship smartphones continue to attract modest sales. Despite the rave reviews that HTC’s recent devices have received, the company posted a 22.6 per cent drop in revenues to 33.12bn Taiwanese dollars (£659m). “The company expects to see positive trajectory of its revenue [...]
How QE has harmed the economy April 7, 2014 LET ME begin with a confession. I admire former Fed chair Ben Bernanke for undertaking quantitative easing (QE) back in 2008. It was a brave decision, which involved taking a bold step across an unknown monetary horizon. It was also the right decision for the time, as it prevented the money supply from collapsing – [...]
Osborne mauls regulator over insurance mistake April 3, 2014 CHANCELLOR George Osborne slammed last week’s fumbled announcement of a Financial Conduct Authority (FCA) investigation into the insurance sector as an “egregious error” yesterday, speaking in front of a panel of MPs. During a quizzing from the MPs on the Treasury Select Committee, Osborne said that he was also “profoundly concerned” about the incident. Last [...]
Asian markets cheer Chinese stimulus policies April 3, 2014 Asian stocks have been buoyed in trading today, rising for the seventh day in a row, after the Chinese government said it’d be cutting taxes for smaller companies. It also announced plans to speed up construction on railways, selling 150bn yuan (£14.5bn) of bonds this year to fund work in less-developed areas. The Nikkei has [...]