Asia UnhedgedReal-time intel on what moves markets Mario Draghi says interest rates will remain negative until 2019, making bank deposits less than lucrative. He recommends buying assets instead June 15, 2018 2:21 AM (UTC+8) Share Tweet Linkedin Print Email Share 0 Comment 0 European Central Bank President Mario Draghi pledged that European short-term interest rates would remain negative until late in 2019. Draghi dismissed complaints that negative interest rates penalize savers. Savers, he said, don’t have to leave their money in bank deposits: They can buy other assets. Draghi, in so many words, told Europeans to go out and buy stocks, and the Euro Stoxx 50 Index obligingly rose by 1.4%. It isn’t so simple, to be sure. In Germany, where Europe’s biggest population of savers live, the price of residential real estate has risen by 40% during the past five years, a pace nearly as torrid as America’s housing price bubble of 1998-2007. Lower-income … [Read more...] about Should Europeans heed ECB chief’s money-saving advice?
Money saving expert forum
Amazon Prime has more than 100 million members. Amazon has become a go-to among its loyal customers for its deals, but they’re not always cost efficient. Consumer savings expert Jeanette Pavini of Coupons.com revealed to Business Insider what shoppers shouldn’t be buying on Amazon – at least, not without a little research first. Among the items you can find cheaper elsewhere: Beauty tools, kitchen supplies, and clothes. Amazon is a powerhouse. It has mastered e-commerce so well that it’s acquired 100 million Amazon prime members globally, building a loyal consumer base that enabled it to successfully branch into other industries. Aside from helpful customer service and speedy shipping, consumers flock to Amazon for its deals and lower prices. Yet, not everything sold on Amazon is cheaper. “Oftentimes you can find better prices at other retail outlets than Amazon, especially … [Read more...] about 9 Amazon deals that aren’t worth your money
caption Save money on your next Target run. source Jessica Rinaldi/Reuters Target store employees know all about the best deals in the store. Business Insider asked 22 current and former Target team members for ideas on how to save money while shopping. A total of 11 current and former team members suggested downloading Cartwheel, the store’s official app. Target team members know all about how to save money. Business Insider asked 22 current and former Target employee to tell us about the best deals in the store. Half of them recommended downloading Cartwheel – Target’s official app – in order to save when you shop. Others suggested different strategies, like shopping after the holidays or seeking out items on clearance. Here are some tips on finding the best deals at Target, courtesy of store employees themselves: Consider buying Target’s in-store brands source … [Read more...] about The 6 best ways to save money at Target, according to employees who work there
caption Donald Trump. source Chip Somodevilla/Getty Images President Donald Trump keeps attacking Amazon. Richard Painter, the top ethics lawyer to former President George W. Bush, said this could open Trump up to a securities fraud lawsuit from an investor who lost money. Other experts disagreed that such a lawsuit would prove fruitful. As President Donald Trump was lambasting Amazon on Monday, Richard Painter, the top ethics lawyer for former President George W. Bush, made a bold claim on Twitter that was retweeted more than 26,000 times. “If you lost money today trading in Amazon stock or any other security, and you know of anyone who knowingly or recklessly made a false public statement about that company or its stock, causing your losses, you should contact a securities lawyer today,” Painter tweeted Monday. Painter’s suggestion: Trump, by making reckless statements about the … [Read more...] about Bush’s top ethics lawyer went viral for claiming that Trump’s Amazon attacks could get him sued for fraud — experts say not so fast
KUALA LUMPUR (AFP) - Sick of people sniping about his advancing years, Malaysia's 92-year-old ex-leader Mahathir Mohamad gatecrashed a forum where voters were discussing whether he was too old to return as prime minister. "I am here guys. Say it to my face," tweeted a defiant Mahathir, who is seeking the top job again as the opposition's candidate in looming polls, with a picture of himself at the discussion late Thursday (March 22). Mahathir, who was premier for 22 years, has returned to frontline politics after a 15-year break to take on scandal-plagued Prime Minister Najib Razak at the election due by August. But his old age has raised questions about his ability to rule if the opposition succeeds in toppling the long-ruling coalition. In the unlikely event Najib is unseated, Mahathir would become the world's oldest prime minister. At Thursday's forum, a three-man panel was talking about Mahathir when the man himself walked in midway, causing the speakers to fall … [Read more...] about Say it to my face: Malaysia’s Mahathir gatecrashes ‘too old to be PM’ forum