Japan’s salary and benefits packages for expats remained the highest in Asia, a new report has found. The average expatriate package in Japan costs employers $370,183, according to “MyExpatriate Market Pay” survey by data company ECA International. That’s however 12% lower than last year, due to the weak Japanese yen, which has fallen 9% this
Bitcoin (BTC) continued its boring price action over the weekend, indicating that the bulls and the bears are not waging large bets as they are uncertain about the next directional move. Nevertheless, traders should continue to keep a close watch because a period of consolidation is usually followed by an increase in volatility. Although it
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Nearly two years after Texas laws banning state and local contracts with companies that “boycott” the fossil fuel industry or “discriminate” against firearm businesses took effect, investment banks are still struggling with compliance concerns. Wells Fargo is the latest bank to be scrutinized under the firearm law just weeks after being selected for a state
Top Stories This Week The decentralized finance (DeFi) ecosystem experienced a challenging week after a seismic security incident led to over $61 million being stolen from Curve Finance’s pools, leaving several protocols facing broader contagion risks. This attack exposed vulnerabilities across DeFi projects and sparked efforts to recover stolen funds over the past few days,
Bitcoin (BTC) is preparing a “full bull” BTC price phase in classic style, market cyclist Cole Garner believes. In social media analysis on Aug. 6, the popular on-chain analyst said that major upside awaits both Bitcoin and the broader crypto market. Bitcoin “bull market’s backbone” strengthening BTC price action continues to stagnate, but those looking
State and local governments are starting to appropriate billions of dollars flowing in from the offer of settlement made by three major pharmaceutical companies due to the opioid addiction crisis. The often quoted $26 billion figure is tied to an offer to settle unveiled in February 2022 by three large pharmaceutical opioid distributors, McKesson, AmerisourceBergen, Cardinal Health
Chinese authorities are putting pressure on prominent local economists to avoid discussing negative trends such as deflation, as concerns mount about Beijing’s ability to boost a flagging recovery in the world’s second-biggest economy. Multiple local brokerage analysts and researchers at leading universities as well as state-run think-tanks said they had been instructed by regulators, their
In this article OPEN TUP FTNT Follow your favorite stocksCREATE FREE ACCOUNT An employee of Tupperware Brands Corporation is at work on the production line at the group’s plant in Joue-les-Tours, centre France, on the day of its 40th anniversary. AFP PHOTO / JEAN-FRANCOIS MONIER (Photo credit should read JEAN-FRANCOIS MONIER/AFP/Getty Images) Jean-Francois Monier |
In its July 2023 Market Update, Midtown-based brokerage Elegran described the Manhattan and Brooklyn markets as “neutral, where neither buyers nor sellers have a significant advantage.” While decreasing supply and a sharp decline in median listing discounts may point toward a seller’s market, a retreating demand and median price per square foot favor buyers. Just
Home prices are on a tear again across much of the nation after falling for much of last year. That means giving back to homeowners the equity they lost. Home prices in June hit record highs in 60% of U.S. markets, according to a new report from Black Knight, set to be released Monday. Its
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There are two main schools of thought on how best to find and invest in stocks and shares. In today’s video, we are discussing Value Investing versus Growth Investing – what are they all about, and which one should you choose? This debate has raged on for decades, so let’s see the pros and cons
Following Fitch Ratings downgrading the U.S. sovereign rating to AA-plus from AAA, the rating agency has downgraded certain municipal bonds tied directly to the creditworthiness of the country. Despite this, market participants say the muni market will see little impact. The bonds affected are “pre-refunded bonds whose repayments are wholly dependent on ‘AA+’-rated United States
Last month, a team of South Korean scientists claimed they engineered a superconducting material, dubbed LK-99, that works under ambient temperature and pressure. In layman’s terms, the team allegedly created a material allowing electrical currents to flow without resistance or energy loss. Previously, such types of materials were only thought to have functioned at absolute
The classic buy and hold, or HODL approach to Bitcoin (BTC) outperformed the majority of crypto funds by 68.8% in the first half (H1) of 2023. According to data from Switzerland-based investment adviser 21e6 Capital AG, on average, crypto funds generated returns of 15.2% in the first half of 2023 (Jan.1 to June 30) ,
The Puerto Rico Oversight Board said settlements in the Puerto Rico Electric Power Authority bankruptcy are near after they sought and received another deadline extension for filing its debt adjustment plans. “While the Oversight Board cannot guaranty further settlement will be attained, it continues to believe the prospects of at least one major settlement is
The US and China are opening new lines of communication to tackle contentious issues, in one of the first signs of progress towards stabilising relations since secretary of state Antony Blinken visited Beijing in June. According to three people familiar with the situation, Washington and Beijing will create two working groups to focus on Asia-Pacific
Amazon workers sort packages for delivery in New York, July 12, 2022. Michael M. Santiago | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Amazon — The e-commerce giant surged 10% after delivering a massive profit beat and positive guidance. Amazon’s cloud and ad businesses also reported better-than-expected