Nike Inc. shares decreased by more than 3% after the release of financial results on Thursday. The company which is famous around the world for its apparel reported a fourth-quarter net income of $989 million or 62 cents a share. It means that during the same period of time last year, income was $1.14 billion …
Nike stocks, trade war and the protests in China Read More »
A Greek bank is one of the world’s best performing stocks, bonds are on fire, and oil prices have surged by almost a quarter. Global equities have accumulated to $8 trillion. These have proven that the Greek financial markets have benefited from a robust first half of 2018. After the dire end to 2018, and …
In April, the former Ukrainian central bank chief Valeria Gontareva was wanted for questioning as a suspect in a corruption investigation the day after a new Ukraine president was elected. Accusation of corruptions were raised after a day later when a Ukrainian journalist launched a Facebook campaign against Gontareva. She was accused of pilfering the …
Britain is in need of independent financial regulators after Brexit, said one senior Bank of England official. The independent regulators would have to respond swiftly to changes in the economy and continue to nurture innovation. According to Victoria Saporta, who is prudential policy director, the financial rules post-Brexit should be “dynamic and responsive.” This could …
Monetary Policy: BoE Needs Regulators after Brexit Read More »
The Federal Reserve President explained why he wants the insurance rate cut this week. Click here to see more! – Wibest Broker
California state and others might crash due to the escalating trade war of the U.S. and China. Click here for more! – Wibest Broker
The Federal Reserve interest rate cut demanded by investors earlier this year. Want to know more? Click here! – Wibest Broker
Xi Jinping signaled that trade war will not end soon and China is not going to cave in. Click for more information! – Wibest Broker
UK Currency – In a news report, last month, after highlighting an extended struggling economy, uncertainty surrounded Britain’s departure from the European Union, outlook of Sterling lost some of its shimmer. After surprising much of the world, Britain leaving the European Union after nearly three years is still unclear how when or even if it …
Sterling’s Gleam Fail on Brexit Continued Ambiguity Read More »
TRADE AGREEMENT – On Monday, final clearance was given by the European Union countries with the United States after months of delay due to French resistance, in starting the formal trade talks. The European Commission’s proposed negotiation order was clearly voted by the majority in the EU governments. France is against the voting while Belgium …
TRADE AGREEMENT- On Wednesday, the Asian Development Bank said additional momentum could not be possible, as slow down of Asia’s growth development in 2019 continues. Economic risks increased with the trade war between the US and China and a potentially disorderly Brexit. This year, growth of 5.7 is expected on the 45 countries in the …
Trade Agreement: Possible slowdown in 2019 due to Brexit Read More »
ECONOMIC DEVELOPMENT – Chinese industry minister said on Monday that the country will have lesser intervention in its massive industrial sector. This comes after an obvious scaling back of its high-tech industrial push, which has long been a problem to the United States. China is also attempting to ease the concerns surrounding its industry policies, …
Economic Development: China Intervenes Less in Industries Read More »
The U.S.-China trade talks are near its ending. Signals point towards a done deal, with China to continue a large run on trade surpluses with the United States. Additionally, it will never affirm Washington’s imposing reforms for its trade industry. The government of China negotiators is firmly tough. For instance, China and Russia arriving on …
Biggest Economies: US-China Trade Deal Resolution is Near Read More »
Japan’s household spending increased slightly and higher bonus payments lifted wages in December, though the underlying trends in these two metrics exhibited only modest improvement and pointed to a difficult year for the economy as risk to growth increases. Recent controversies about faulty polling methods were used to compile monthly wage data have also cast …
On Wednesday, Australia’s central bank, RBA, hinted at possible rate cuts. This came in the midst of mounting economic risks and was a notable deviation from its long-standing tightening plan, setting its local currency tumbling. According to Reserve Bank of Australia (RBA) Governor Philip Lowe’s first public speech this year, the strength of the labor …
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