0 percent credit cards 24 months

LONDON  – Nearly half of emerging market investors are bullish on prospects for developing markets in the second quarter, a survey by HSBC showed on Thursday, thanks to rising optimism following the reopening of the Chinese economy. Some two thirds of the respondents expected emerging equities to outperform those of the developed economies in the next three months, the survey of 138 investors from 133 institutions, conducted between Jan. 24 and March 6, found. More than two thirds of the respondents expected emerging currencies to beat those of developed markets in the same period. Those surveyed represent $547 billion in assets under management. “Asia has seen the largest improvement in sentiment, largely reflecting the expectations of a strong rebound of Chinese economic activity,” said Murat Ulgen, Global Head of Emerging Markets Research at HSBC. The MSCI emerging market equity index has risen 2 percent since the start of the year, though those gains come in the wake of a … [Read more...] about Emerging market investors turn increasingly bullish for Q2, HSBC survey shows

Share to Twitter Share to Linkedin Topline Amid growing global concern over the social media platform, TikTok CEO Shou Zi Chew will testify before the House Energy and Commerce Committee Thursday, where U.S. lawmakers are expected to question Chew over safety concerns for minors and preventing U.S. user data from foreign access. Key Facts In Chew’s first appearance before Congress, he’s expected to discuss the company’s privacy and data security practices, as well as the company’s relationship with the Chinese government, which has come under increased scrutiny in recent months. Prepared Remarks Chair Rodgers, Ranking Member Pallone, and Members of the Committee: Thank you for the opportunity to appear before you today to talk about TikTok and our mission to inspire creativity and bring joy to more than 1 billion people worldwide. I look forward to discussing what makes TikTok so special to the diverse audiences it serves, as well as our … [Read more...] about TikTok CEO Shou Zi Chew’s Prepared Comments Before Congress

Share to Twitter Share to Linkedin U.S. Bancorp’s stock (NYSE: USB) has lost approximately 14% YTD as compared to the 4% rise in the S&P500 index over the same period. Further, the recent volatility in the stock price (down 20% over the last ten days) was due to the turmoil in the banking sector. Notably, the collapse of the Silicon Valley Bank, Signature Bank, and the Credit Suisse crisis has made investors cautious about banking stocks. Overall, USB is trading at the current price of $38 per share, which is 32% below its fair value of $55 – Trefis’ estimate for U.S. Bancorp’s valuation . The bank posted mixed results in the fourth quarter of 2022, with earnings beating the estimates but revenues missing the mark. It reported total revenues of $6.4 billion – up 12% y-o-y, primarily driven by a 37% jump in the net interest income, partially offset by a 19% decline in the non-interest revenues. While the NII benefited from the improvement in … [Read more...] about U.S. Bancorp Stock Is Undervalued

Share to Twitter Share to Linkedin When you unshackle 1.4 billion consumers who have been penned up at home for three years, it’s reasonable to expect some fireworks. For the residents of Mainland China, life under “zero COVID” policies was a dreary round of rolling travel restrictions and lockdowns – as if the United States was permanently stuck on a skipping record of the Spring of 2020. While most of the population was able to find a way to get back to work eventually, the everyday routines of travel, dining out, and visiting friends and family were severely curtailed. Wallets stayed snapped shut. Since China executed its “COVID pivot” in late December 2022, economists have been scrutinizing the data to see if the country will be able to achieve its goal of 5% growth in 2023. If achieved, China will serve as an engine to help developed economies avoid tipping into recession. This is particularly relevant in the new era of higher interest rates, … [Read more...] about Why China’s COVID Comeback Is Still In The Early Innings, With Upside Ahead

President Joe Biden’s approval rating plummets towards the lowest point of his presidency on Thursday, according to a new poll. The president’s approval sank to 38% this month, nearly reaching the lowest point he has received in office where he received a 36% rating in July 2022, an AP/NORC poll found. Biden ‘s March approval has dropped from a 45% rating since February and 41% in January. “Neutral towards approval,” Andrew Dwyer, one of the respondents, told The Associated Press. “I don’t think he’s the best at representing my position and issues. But I know being president involves compromises.” Republicans overwhelmingly disapprove of the president at 96%, while the majority of Democrats approve at 76%. Only 21% of Americans believe the country is heading in the right direction, down 7 percentage points from February, a decline of both Democrats and Republicans since last month. Biden’s approval rating at 38%. — GraphicW (@GraphicW5) March 23, 2023 The … [Read more...] about Biden’s Approval Rating Sinks Towards Lowest Point Of His Presidency: POLL

Share to Twitter Share to Linkedin Topline Officials in Florida are preparing for a 5,000-mile floating island of seaweed called the sargassum belt to make its way on shore, where it’s expected to become both a nuisance and a health hazard as it rots. Key Facts That belt of sargassum, which is estimated to weigh more than six million tons, doubled in size from December to January, Florida Atlantic University oceanographer Brian Lapointe told CNN , and is expected to hit Florida and the Caribbean earlier this year than expected, with algae already spotted within a mile of Martinique and Key Largo, Florida. The belt, which spans nearly the width of the Atlantic Ocean and would fill roughly 3,000 Olympic-sized swimming pools, is made of sargassum, a brown algae that forms gas-filled “berry-like structures” called pneumatocysts that act as pockets to keep the strands of algae afloat to receive sunlight. According to data from the … [Read more...] about What Is Sargassum? The 5,000-Mile Floating Seaweed Island Headed Toward Florida

Share to Twitter Share to Linkedin Bitcoin BTC and cryptocurrencies have rocketed higher over the last week as the Silicon Valley Bank-led banking crisis sparks worrying hyperinflation fears . Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster The bitcoin price has added almost 50% since early March, helping the ethereum price and other cryptocurrencies rally, due to rising expectations the Federal Reserve will pivot from its hawkish stance in the face of slowing inflation and bank collapses . Now, Tesla billionaire Elon Musk has waded into the debate, sending a warning to U.S. president Joe Biden after the Federal Reserve raised interest rates again. It's at the beginning of a bull run you need up-to-date information the most! Sign up now for the free CryptoCodex — A daily newsletter for traders, investors and the crypto-curious that … [Read more...] about ‘Banks Are Melting’—Elon Musk Sends Warning To Joe Biden And The Fed Amid Wild Bitcoin, Ethereum And Crypto Price Swings

A Thai man was labelled “a serious threat to society” by a judge who sentenced the pervert to two years in jail for allegedly installing hidden cameras in women’s toilets at the Australian Embassy in Bangkok . Nayot “Bank” Thamsongsana, a former IT worker at the Australian embassy in Bangkok, has been convicted in the Bangkok South Criminal Court after pleading guilty to two counts of committing indecent acts against persons over the age of 15 by threatening them. The investigation revealed that the pervert secretly filmed 60 women, all of whom provided statements to the Royal Thai Police. Two of the women who were filmed filed complaints that formed the basis of the prosecution’s case. The judge sentenced Nayot to four years in prison, but this was reduced to two years due to his guilty plea. The judge stated that the pervert’s actions were “a serious threat to society and had caused psychological damage.” Related news Bangkok Airways to launch Koh … [Read more...] about Thai pervert jailed for 2 years for hidden cameras in Australian Embassy, Bangkok

Photo by Niwat Tart-inchan via Lampang Post Police arrested a pervy Thai man for selling spycam pornography he secretly filmed inside the bathrooms of a restaurant in the northern province of Lamphun. This was the third time that the degenerate was arrested on spycam charges. The Commissioner of the Provincial Police Region 5, Piya Tawichai, provided details of the arrest during a press conference today. Piya reported that a number of women filed a complaint at Mueang Lamphun Police Station that they were filmed while using a bathroom at Old Town Market restaurant in the Lamphun, and their videos were on sale in the application called VK under the account MIL (Mediafire In Love). The Cyber Police conducted a further investigation into the account and found that the videos showed 27 women being compromised but only 14 had filed complaints with the police. The police identified 29 year old Olarn Boonheng as the operator of the account responsible for the criminal … [Read more...] about Pervy man arrested for selling spycam porn of women in restaurant bathroom

Share to Twitter Share to Linkedin XRP prices have taken a tumble lately, losing value after climbing to their highest in over four months. The digital token, which serves as the native asset of the Ripple platform, fell to as little as $0.4094 this afternoon, according to CoinDesk data. At this point, the cryptocurrency was down more than 17% from the recent high of $0.4933 it reached close to 5 p.m. EST last night, additional CoinDesk figures reveal. Before reaching that value, its loftiest since November, the digital currency enjoyed an impressive rally, climbing more than 20% in under 24 hours. When explaining these recent declines, analysts pointed to a handful of variables, including profit taking and regulatory uncertainty, as well as the market’s response to the ongoing lawsuit involving Ripple, some of its key executives, and the U.S. Securities and Exchange Commission. This legal activity has generated significant visibility, as … [Read more...] about XRP Prices Fall Over 15% After Reaching Highest Since November