Posts by Forbes Washington DC
FXSentry by Avenix Fzco: Merging Technical Analysis with Smart Risk Controls
Technical Innovation Meets Market AnalysisThe forex market landscape has witnessed the arrival of a new automated trading solution from Dubai. Avenix Fzco’s latest creation, FXSentry, integrates with MetaTrader 4, bringing together multiple analytical tools under one system. At its foundation, FXSentry employs various technical indicators – Moving Averages, Momentum indicators, MACD, and Fractal analysis –…
Read MoreChina’s Trustar raises US$1 billion for vehicle that holds McDonald’s China stake: sources
TRUSTAR Capital has raised US$1 billion for a continuation fund that will hold the Chinese private equity firm’s controlling stake in McDonald Corp’s operations in mainland China and Hong Kong, two sources with knowledge of the matter said. A continuation fund is a new vehicle created by a private equity (PE) firm to transfer holdings…
Read MoreLum Chang proposes listing interior fit-out business on Singapore Catalist
CONSTRUCTION company Lum Chang is mulling over plans to spin off its interior fit-out business in a listing on the Singapore Exchange’s Catalist board. Lum Chang Interior (LCI) is a majority-owned indirect subsidiary of the company. Lum Chang’s current aggregate effective shareholding in LCI is 80 per cent, through its wholly owned subsidiary Lum Chang…
Read MoreAdani Group Counters “Baseless” US Bribery Allegations; Chooses Legal Recourse
The Adani Group, a global business conglomerate, has strongly refuted allegations of bribery brought forth by the U.S. Department of Justice (DoJ) and the Securities and Exchange Commission (SEC). The charges, which claim that key executives, including Gautam Adani, were involved in bribery schemes related to solar energy contracts, have been labeled as “baseless” by…
Read MoreHow Lisette Lucas Transformed Personal Adversity into EnergyJoy Mastery for Global Impact.
In a world where unexpected events can shape one’s destiny, Lisette Lucas stands as a testament to the power of transformation and self-discovery. Raised in an affluent environment, Lisette’s life took a dramatic turn at 20 when family upheavals shattered her sheltered existence. This pivotal moment forced her to reevaluate her identity and beliefs, leading…
Read MoreGo Under the Sea With These Secrets About the Original The Little Mermaid – E! Online
10. Sebastian, one of the biggest breakout characters from the film, wasn’t written to be from the Caribbean, but rather was meant to be British. However, when producer Ashman read the script, he suggested making the change because he wanted to infuse a “Jamaican and calypso influenced score that would give it a pop feeling.”…
Read MoreAlphabet’s Waymo opens autonomous ride-hailing service to all in Los Angeles
ALPHABET’S Waymo said on Tuesday (Nov 12) that its autonomous ride-hailing service, Waymo One, is now available to everyone in Los Angeles, a sign of rapid growth and adoption of the technology. Waymo had closed a US$5.6 billion funding round last month, as automakers and technology companies are betting big on the driverless technology to…
Read MoreNever-Ending Quest for Success
In a world where continuous learning and innovation are critical to success, Dr. Diyari Abdah’s journey exemplifies the transformative power of leadership and knowledge. Over the past 35 years, he has evolved from a practicing dentist into a multifaceted leader, entrepreneur, and educator, positively impacting professionals across industries and enabling small and medium-sized businesses to…
Read MoreEurope: Shares log third week of declines on China, tariff jitters
EUROPE’S benchmark Stoxx 600 logged its third consecutive week of declines on Friday (Nov 8), hurt by underwhelming stimulus measures from China as well as concerns about tariffs under a Trump presidency hurting economic growth. The pan-European Stoxx 600 closed down 0.6 per cent, with China-exposed sectors such as miners and luxury losing more than…
Read MoreOil settles down 2% on receding hurricane risk, lacklustre China stimulus
OIL prices settled more than 2 per cent lower on Friday (Nov 8) as traders grew less fearful of prolonged supply disruptions from a hurricane in the US Gulf of Mexico, while China’s latest economic-stimulus packages failed to impress some oil traders. US West Texas Intermediate futures led the decline and settled at 70.35 per…
Read MoreGold logs biggest weekly fall in over five months on dollar strength
GOLD prices dropped on Friday (Nov 9), logging their steepest weekly decline in over five months, pressured by a stronger dollar and as markets absorbed the implications of Donald Trump’s victory and its potential impact on US interest rate expectations. Spot gold fell 0.8 per cent to US$2,684.03 per ounce as of 1.40 pm ET…
Read MoreDollar on track for weekly gain after Trump election win
THE dollar rose on Friday (Nov 8) and was heading for a weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of Republican Donald Trump as US president. Analysts expect Trump’s policy proposals – including more trade tariffs, a clampdown on illegal immigration, lower taxes and business deregulation –…
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