Fri, May 10, 2024

Stock Markets

South Korea and interesting details

South Korean Stocks Strengthened Their Positions

The coronavirus pandemic and how to deal with it is the main challenge across the world. Authorities, researchers, healthcare professionals are working round the clock to create an effective vaccine. Stocks across Asia strengthened their position on Wednesday. For example, South Korea’s Kospi index gained 1.76% to close at 1,928.76 as shares of automaker Hyundai …

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Stock markets and oil industry

Asian Markets, Oil Prices, and Australia’s Retail Sales

Stocks across Asia saw gains on May 6. Also, oil prices regained some of their overnight gains. Let’s have a look at the markets and how they performed on Wednesday. Interestingly, South Korea’s Kospi index added 1.76% to close at 1,928.76 as shares of automaker Hyundai Motor gained 1.86%. Another South Korean index Kosdaq also …

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Aviation and financial results

Stocks: Buffett is no Longer Investing in Aviation

Once-thriving aviation industry came to a standstill due to the coronavirus pandemic. Moreover, many airlines cloud stop to exist with financial aid. Governments around the world are ready to support the aviation industry. Moreover, people should not forget that the aviation industry is cash-intensive and has a narrow economic moat. Also, the pandemic had a …

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IndiGo and coronavirus pandemic

Warren Buffett Sold his Entire Position in Major Airlines

Warren Buffett is one fourth-richest person in the world, and this fact shows that Buffett knows how to cope with various challenges. The aviation industry is not an exception. Moreover, Berkshire Hathaway owns significant minority holdings in the U.S. public companies such as American Express, Apple, Bank of America, The Coca Cola Company, etc. However, …

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Markets and interesting details

Largest Economies, Coronavirus Pandemic and Stocks in Asia

There are numerous factors that may affect stocks across the world. Tensions between the largest economies fall under this category. Two days ago, U.S. President Donald Trump said he believed that a “mistake” in China was the cause of the spreading coronavirus pandemic. However, he did not present any evidence to support his claim. Meanwhile, …

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Wall Street could Rebound amid Stop-Gap Funding Approval

U.S. Stocks’ Phenomenal Performance in April

The coronavirus pandemic created a lot of problems for the global economy. Nevertheless, last month U.S. stocks strengthened their positions despite the economic impact of the coronavirus. Also, for April the S&P 500 posted its third-largest monthly gain since World War Two. In April, its index gained 12.7%. Furthermore, it was the largest one-month gain …

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Stocks and coronavirus treatment

Gilead Sciences, Investor Sentiment, and Markets

Investors, analysts, officials, and others are closely monitoring the situation related to the coronavirus and everything connected to this virus. It is not surprising as coronavirus became the biggest challenge for the global economy. Stock markets in Asia, Europe, and around the world suffered due to the issues caused by the coronavirus pandemic.  Hopefully, scientists …

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Stocks and interesting details

Stocks, Manufacturing Data and Coronavirus Treatment

Stocks across the Asia Pacific strengthened their positions on the last day of April, thanks to the news connected with coronavirus treatment. Mainland Chinese stocks saw gains on Thursday. The Shanghai Composite added 1.33% to about 2,860.08. At the same time, the Shenzhen composite gained 1.88% to around 1,763.36. Also, Japanese stocks saw robust gains …

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Boeing and interesting details

Boeing Plans to reduce the Workforce by About 10%

Boeing, as well as Airbus, are the most famous airplane manufacturers in the world. However, even for such giant companies, the coronavirus pandemic created a lot of problems. Both of them are struggling to cope with the ongoing crisis as travel demand all but disappeared over the last several months. Moreover, the coronavirus crisis is …

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Aviation giant and coronavirus pandemic

Boeing Lost Millions of Dollars in the First Quarter of 2020

Boeing was the largest airplane manufacturer in the world before it lost this status even before the coronavirus pandemic. Moreover, the best-selling plane narrow-body Boeing 737 Max created a lot of problems for Boeing. Importantly, Boeing 737 Max remains on the ground for more than a year. Also, nobody knows for sure when this model …

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Online stock trading platforms and new users

Online Stock Trading and First-Time Investors

Healthcare professionals, as well as authorities, underlined the importance of social distancing numerous times. Governments restricted the freedom of movement to curtail the number of new cases. Thanks to such efforts, countries avoided many problems related to coronavirus pandemic. Thus, millions of people spend more time at home and some of them started to use …

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Stocks and online trading

Online Stock Trading Platforms and New Opportunities

The global economies are struggling to deal with the economic impact of the coronavirus pandemic. Authorities in many countries introduced strict measures to contain this virus. However, it will take several months if not more to solve some of the major issues. The coronavirus pandemic affected the stock markets around the globe. For example, the …

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Japan

World’s Third Largest Economy and its Central Bank

Japan has one of the largest economies in the world, more precisely it has the third-largest economy after the U.S. and China. Interestingly, the U.S. retains the status of the largest economy for decades. Recently, the country’s central bank made the decision that affected the stocks across the Asia Pacific. Moreover, the Bank of Japan …

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