Why rising bond yields are playing on stockholders’ nerves

THE FIRST full-length film made by Steven Spielberg features an unusual lead. So indeed does much of his more celebrated work. But the star of “Duel”, his 1971 debut, is nothing as exotic as a man-eating shark or cloned velociraptor. It is a tailgating lorry. In a nerve-shredding journey across the California desert, it torments […]

US stocks suffer worst loss in 8 months amid rising interest rates, tech hit hardest

US stock exchanges recorded biggest losses in 8 months as rising interest rates made investors flee risky stocks. The S&P, Dow Jones and Nasdaq plunged between 3 and 4 percent. Technology shares were among the worst affected. The S&P 500 fell almost 92 points, or just over 3 percent, the biggest daily loss since February […]

Tensions are rising in the South China Sea, and a US ally there has already drawn ‘red lines’ with China

Tensions are rising in the South China Sea, and a US ally there has already drawn ‘red lines’ with China NOW WATCH: Here’s why so many nations want to control the South China Sea — and what China wants to do See Also: Amid rising tensions with China, Japan just sent armored vehicles to foreign […]

Rising oil prices catch emerging economies at a vulnerable moment

OIL prices have a knack of jumping at the most inconvenient times. As in 2007, for instance, when the price of a barrel soared into triple digits, destabilising a world economy already heading for a financial crisis. Or, for that matter, now. At more than $ 80 per barrel, Brent crude is nearly twice as […]

Capcom closes Vancouver studio behind ‘Dead Rising’

Video game publisher Capcom is shutting down its Vancouver studio and around 158 employees will be let go. The company told Variety that operations were suspended Tuesday and a skeleton crew would remain on board until January in order to finalize the closure. “Capcom has been focused on increasing the efficiency and growth of its […]

AAA Study: Depreciation Costs Rising Among Smaller Vehicles; Your Beautiful Truck Has It Made

Not to hammer too obvious a point here, but the decreasing popularity of a certain car model, combined with increasing incentivization, can seriously influence that model’s depreciation. Ask Cadillac about that. While a boon for savvy used car buyers a few years down the road, it doesn’t help anyone’s lease payment and can leave you […]

Japanese Folklore-Inspired ‘Rising Dusk’ Pushes Players To Ignore Coin-Collecting Instincts

Grabbing coins and hopping over cliffs is just what you do in platformers, for some reason. Rising Dusk wants you to ignore that instinct, though, as for every coin you collect, things will get a little bit more challenging throughout the game’s Japanese folklore-inspired stages. Rising Dusk takes you to a land of grinning, troublesome […]

What a rising current-account surplus means for the euro area

GREECE’S third bail-out programme came to an end on August 20th. A look at the causes of the country’s near-decade of crisis illustrates how external imbalances can reflect underlying troubles. Gaps in public finances, as well as investments in property, were financed by borrowing from Germany and other northern European countries. Wages and costs were […]