All traveling and local LG employees are now officially banned from traveling to China amidst the coronavirus crisis. Those in China must go home, while future trips to the country must get approved through a special request. Alongside Facebook and gaming hardware maker, LG is among the first companies to publicly limit employee travel. The …
The Asian stocks began to collapse after the Chinese virus outbreak caused investors to move on to the risk-off futures. China’s futures suffered the most, as the virus originated from Wuhan, its 11-million city. One the other hand, the Japanese yen, and Swiss franc rallied, as these stocks are perceived as safe-havens. It seems the …
The Asian Futures Rise Again After the Sell-off on Market Read More »
As part of the growing trend, Boston-based broker Fidelity Investments announced the launch of fractional stock and ETFs trading online. The feature allows small-time investors to diversify their portfolios for as little as $1. Geared towards attracting more clients in the younger demographic, this allows more clients to afford their services. The broker explained that …
Fidelity Joins Fractional Trading Bandwagon | Wibest Broker Read More »
It is not a secret that cryptocurrencies are harder to track than fiat currencies. This one of the primary reasons why such currencies became popular around the world. However, this emerging technology is also used for various illegal activities. Consequently, authorities are trying to identify such individuals and organizations to limit such activities. There is …
The Boeing Company is famous around the world. This multinational corporation manufactures and sells a variety of products such as airplanes, satellites, etc. Moreover, for several decades Boeing continues to dominate the aviation industry. However, due to the numerous problems connected with 737 Max had a huge impact on the company. Once the best-selling model …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDJPY The pair is trading in the red now, falling steeply from its previous highs and breaking below both the 50-day and 200-day moving averages. The safe-haven appeal of the Japanese yen is apparently …
Daily Market Charts and Analysis January 30, 2020 Read More »
Boeing is trying to cope with problems created by the 737 Max project. On Monday, Boeing reported the first annual loss in more than two decades. According to the official information, Boeing lost $636 million in 2019. It is important that the company posted a first annual loss since 1997. For example, Boeing’s profit in …
Gold climbed higher on Wednesday, rose 0,2% to $1,568.9 per ounce. The price of gold has been wallowing between 1,580 and the 1,560s. And it was followed by a surge to $1,611, to the highest levels we haven’t seen since March 2013. However, the difference in the weekly chart between momentum and price is alarming. …
U.S. sanctions caused severe financial problems for Iran. In the last two years as a result of sanctions, the Iranian economy declined by 10-20%. The country is trying to evade the U.S., and it is not an easy task for several reasons. However, Iran started to use cryptocurrencies to minimize the damage caused by the …
As the worrying but unconfirmed threat of the power of 5G circulates the world, Huawei remains on top. The United Kingdom granted the controversial company a limited role in Britain’s 5G network. The firm is prohibited from supplying core parts of their kits to the UK. It will also have a limited periphery in the …
The United Kingdom on Huawei So Far | Wibest Broker Read More »
The Chinese virus outbreak caused the investors to move on to the risk-off futures. This is as a significant part of the Asian market began to collapse. China stocks suffered the most, as the virus originated from Wuhan, its 11-million city. Meanwhile, the Japanese yen and Swiss franc skyrocketed, as these stocks are perceived as …
The Risk-off Wave Slows Down as China Virus Fear Subsides Read More »
The world’s one of the largest carmakers plans to change the business model it inherited from the previous CEO. Nissan will eliminate at least 4,300 white-collar jobs around the globe. Moreover, the carmaker will close two manufacturing sites. As a result, Nissan will be able to add at least 480 billion yen ($4.4 billion) to …
Travel restrictions imposed by the Chinese authorities during the Lunar New Year changed the plans of many passengers. Moreover, the aviation industry experienced problems due to coronavirus outbreak. Meanwhile, stocks declined across the region. Shares of airline stocks in the region declined on January 28. South Korea’s Korean Air Lines dropped 6.69%. In the meantime, …
Cryptocurrencies such as Bitcoin, Ethereum, and others are popular for several factors. However, due to their decentralized nature, it is easier to use cryptocurrencies for illegal activities. Governments are trying to tackle these problems by introducing anti-money laundering regulations for crypto-related companies. Singapore became another country which decided to comply with FATF recommendations. The latest …
Financial markets closed for holidays in China, Australia, Singapore, and Hong Kong. China’s futures continue their downfall. Traders noted that low liquidity caused by the Chinese virus outbreak worsens the situation further. The Chinese yuan collapsed after its five-month high, with the U.S. dollar gaining more than 2% against it. The Australian dollar also declined …
The Australian Dollar Hit Its Lowest Record Since December Read More »
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
