Stocks in Asia-Pacific were mixed on Tuesday. Meanwhile, the price of bitcoin surpassed a key level, and the Japanese yen’s sharp decline sparked alarm. In Hong Kong, the Hang Seng index rose 0.91% in the last hour of trade, as casino and tech stocks rose. Among the biggest gainers on Tuesday was JD Health, which …
Mainland Chinese Stocks Declined While Japanese Stocks Rose Read More »
Many world-famous companies left Russia after it invaded Ukraine. On Monday, the Danish brewer Carlsberg made an important announcement. The company made the decision to leave the Russian market and take a “substantial” non-cash impairment charge. Danish brewer, the Western brewer most exposed to the local market, launched a strategic review of its Russian business …
Carlsberg and Its Rival Heineken Decided to Leave Russia Read More »
Russia is no stranger to scandals. However, it is impossible to compare its actions in Ukraine with any scandals. Its decision to invade Ukraine created numerous challenges at home and abroad. The country is breaking traditional market rules. Russia’s stock market reopened on Thursday after it was shuttered last month. Under normal circumstances, there wouldn’t …
Shareholders of Toshiba Corp rejected competing proposals on Thursday. The voted down proposals – one presented by management and the other backed by activists. Toshiba’s management plan to spin off the company’s devices unit and the separate call to seek buyout offers both failed to gain the required 50% of the vote. Shareholders’ decision ensures …
Shareholders of Toshiba Corp Rejected Both Proposals Read More »
U.S. Treasury yields rose on Tuesday. Nevertheless, a key gauge that signals recession eased as traders weigh how fast interest rates will rise in the near future after the central bank’s Chair Jerome Powell surprised bond investors on Monday. The Federal Reserve’s Chair stated the central bank needed to move “expeditiously” to tackle high inflation. …
There are many developed countries in the world. It is hard, if not impossible, to discuss all of them in one article. So, let’s focus on the largest economies. As a reminder, gross domestic product (GDP) is an estimate of the total value of finished goods and services produced in a country’s borders during a …
Many countries imposed sanctions on Russia after it attacked Ukraine. The country is trying to cope with numerous problems. In spite of challenges, it continues to meet its obligations. Russia’s coupon payment on a sovereign bond maturing in 2029 was processed by correspondent bank JPMorgan Chase & Co a source said on the first day …
Last month, the Russian Federation attacked Ukraine. Unsurprisingly, the war continues to affect stocks. As a result, European stocks were little changed on Monday as pressure from the war continues to weigh on global sentiment. The pan-European Stoxx fell 0.1% by mid-afternoon, with basic resources jumping 3.2% while travel and leisure stocks declined 2.9% after …
European Stocks Are Under Pressure Due to the War Read More »
U.S. stock futures declined on Friday morning. Nevertheless, the major equity indexes still headed for weekly advances as traders took favorably the central bank’s measured first move on raising interest rates. Contracts on the S&P 500 fell. The index was on course to post its first weekly gain in three weeks, and its biggest since …
U.S. Stock Futures Suffered Losses on Friday Morning Read More »
Stocks in Asia-Pacific jumped on March 17 as the Chinese markets continue to extend gain from a rebound, while the Federal announced its rate hike in a long time. In Hong Kong, the Hang Seng index reached great results. It led gains among the region’s major markets surging 7.04% to close at 21,501.23. One day …
Stocks Jumped as Chinese Markets Continue to Recover Read More »
Stocks in Asia-Pacific were higher on March 16, as Chinese stocks experienced a strong rebound following recent heavy losses. In Hong Kong, the Hang Seng index added 9.08% to end its trading day at 20,087.50, its best result since October 30, 2008, when it gained 12.82%. Nevertheless, the benchmark index is down more than 2% …
Mainland Chinese Stocks Reached Formidable Results Read More »
Big and small banks have to cope with numerous challenges daily. The financial crisis that occurred in 2008 had a tremendous impact on financial institutions. They had to adapt to the new reality. While many of those changes resulted from new financial regulations designed to prevent another crisis, technological advancements raised customers’ expectations and created …
After taking into account past experience, the currently high valuations of the S&P 500, which remain elevated even after recent declines, show that a prolonged bear market is likely in the near future. Moreover, the Russian invasion of Ukraine may guarantee it. Iraq invaded Kuwait more than 30 years ago in 1990 and defeated it …
What is the connection between Ukraine and the Bear market Read More »
Stocks in Asia-Pacific were mixed on March 14 as investors analyzed a Covid wave in China. In the meantime, oil prices continued to be volatile amid the Russia-Ukraine war. In Hong Kong, the Hang Seng index fell 4.97% to finish its trading day at 19,531.66, leading to losses among the region’s major markets as Chinese …
Stocks in Asia Were Mixed As Investors Analyzed Challenges Read More »
U.S. stocks suffered losses after economic data showed another 40-year high CPI print. Moreover, talks held between Russia and Ukraine’s foreign ministers failed to make progress on negotiating a ceasefire. The S&P 500 dropped 0.43% to 4,259.49 after posting its biggest gain in a long time on Wednesday. The Dow Jones Industrial Average fell 113 …
Russia-Ukraine Ceasefire Talks Affected U.S. Stocks Read More »
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