investors

18-year-old Polish CEO Received $150,000 to Improve His App For The Deaf Community

The Five app was first released in 2015 as a playful app to communicate with custom hand signs. Mach, an 18-year-old high school student, didn't realize that the app could be very useful to facilitate communications between people with loss of hearing until they contacted them to thank him. Then he reached out to raise money to improve the app for a better use.

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Philippine Q4 GDP rise by 6.3%

Philippine's fourth quarter gross domestic product increased by 6.3% driven mainly by higher private consumption, government expenditure as well as an increase in economic activity.

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Drone Racing is Soon to be a Legitimate Sports Game

The Drone Racing League already announce its first season that would take place in Miami this year. The league will involve only skilled pilots to compete in its six courses of races. The league hopes that they could be as big as NASCAR, Formula 1, or MotoGP.

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Average US rate drops to 3.81%

The major factors such as oil price fall, economy growth concerns and uncertainty in stock markets are keeping more pressure on mortgage rates in the US market. The average US rate on long-term mortgage dropped for three weeks in a row to 3.81 percent. The average rate on 15-year mortgages dropped to 3.10 percent from 3.19 percent.

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Nasdaq short interest down 3.3 percent in late November

Short interest on the Nasdaq fell 3.3 percent in the second half of November, the exchange said on Tuesday. As of Nov. 28, short interest fell to about 8.508 billion shares, compared with 8.798 billion shares as of Nov. 14.

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Money flows to mainland as landmark Hong Kong-Shanghai stock link opens

International buyers snapped up Chinese stocks on Monday at the debut of an exchange link that allows Hong Kong and Shanghai investors to trade shares on each other's bourses, a major step towards opening China's tightly controlled capital markets.

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Stock futures edge lower with indexes at records

U.S. stock index futures ticked lower on Monday, with investors taking a pause following a sharp rally on Friday that took the Dow and S&P 500 to record levels.

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High-yield E&P energy bonds are risky temptations

Investors betting that oil prices will recover are starting to support the battered prices of high-yield bonds from exploration and production (E&P) energy companies.

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Behind the scenes of Sanofi's boardroom bust up

A boardroom tussle brewing for months at Sanofi came to a head on Wednesday when France's top drugmaker fired its chief executive, wiping more billions off its share price.

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Europe's bank test celebrations mask mounting challenges

Investors were spared immediate pain on Sunday after the European Central Bank's landmark banking health check did not force massive capital hikes amongst the euro zone's top lenders.

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Markets may have over-reacted to slowdown: Bank of England's Haldane

Investors may have over-reacted to signs of economic slowdown, although they have been right to price in weaker global growth prospects, the Bank of England's chief economist said in a Sunday newspaper interview.

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Investors search for signs of end to stock market correction

Measuring the point at which investors have exhausted their selling in a market downturn is an inexact science at best, and at its worst akin to sticking a finger in the air to judge shifting winds.

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Wall St. ends flat, small caps rebound in volatile day

U.S. stocks ended flat in a volatile session on Thursday as energy stocks rebounded and investors bought beaten-down shares, especially small caps.

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Luxembourg opens art freeport to lure super-rich

Private banking hub Luxembourg sought to lure more wealthy investors on Wednesday by opening a high-security center designed to look like a jewel box, where collectors can store and trade valuables without paying customs or sales tax.

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Dollar soars to six-year peak on yen after Fed, Tokyo stocks cheer

Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve's outlook for rising rates underlined the diverging path between the United states and the rest of the rich world.

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