Concerns for the new global clean air rules causing transport disruption. It has brought forward the shipment of armchairs and sofas from China by two months. This issue is taken seriously by the U.S. furniture company RC Willey Home Furnishings. On January 1, tougher regulations came into effect as the United Nations shipping agency and …
On Tuesday, with the persisting conflict in the Middle East, gold prices strengthened in Asia. August delivery of Gold futures increased by about 1.5% at $1,439.30. The Comex division of the New York Mercantile Exchange reported the increase. Spot gold climbed up 0.3% at $1,402.50 per ounce, bearing a fifth straight session of gains. Gold …
Gold Nears 6-year High as US-Iran Strain Persists Read More »
On Tuesday, an annual general meeting for Nissan Motor shareholders will be held, expecting everyone to back-up the Chief Executive of the company known as Hiroto Saikawa after its alliance partner Renault had a corporate scandal that diminished client confidence. Last year, after the dismissal of former Chairman Carlos Ghosn, the first annual shareholders meeting …
Nissan Shareholders backs Saikawa against Renault’s petition Read More »
Asian stocks fell on Thursday led by the result of the second session in the Hong Kong market. Click here now! – Wibest Broker
Infineon plans to purchase Cypress Semiconductor Corp in latest Chip Mega-deal. Click here for more information! – Wibest Broker
STOCK VALUES: Stocks around the globe declined on Friday while bonds jumped as a result of investor panic after US President Donald Trump’s shock threat of tariffs on Mexico. This also risked putting the United States into recession. Moreover, lackluster China data also contributed to investor jitters. Markets were aggressive in pricing deeper rate cuts …
Stock Values: World Stocks Tumble on Trump Threat Read More »
First satellite of Elon Musk’s SpaceX launched to start a new Starlink Internet Service. Click here now! – Wibest Broker
Nike and other footwear companies signed an open letter for Trump to reconsider his tariffs. Click here now! – Wibest Broker
HUAWEI – On Sunday, news reports broadcasted the suspension of Google’s business with Huawei, such as transferring hardware, software and technical services, as the Chinese technology company was attacked by the U.S. government and warned to be blacklisted around the world. On the flip side, services that involve open-source licensing are unrestrained. A Google spokesperson …
Huawei Suspended from Google’s Business following Trump’s Blacklist Read More »
SoftBank Corp falls 17 percent on fourth-quarter profit, failing to reach analysts’ expectations. Click here now! – Wibest Broker
ASIAN MARKET – U.S President Donald Trump on Sunday threatened to increase tariffs on $200 billion worth of Chinese goods from current 10% to 25% by Friday a further $325 billion “shortly.” The tweet comes days ahead of the final round of U.S-China trade talks on Wednesday when the Chinese delegation is expected to jet …
Trump Tariff Threat Sends Asian Market into Disarray Read More »
STOCK EXCHANGES – On Monday, while strong Chinese export and bank loan data enhanced the confidence in the global economy and hopes on the US-China trade talks are approaching a final lap, Asian shares nearly kicked its highest within 9 months. Risk appetite has also been boosted, helping the dollar gain against major currencies. Since …
ASIAN MARKET- On Tuesday, after the rally on the previous day, Asian markets strengthened in the morning trade. Both China’s Shanghai Composite and Shenzhen Component strengthened 0.2% on trading. At the same time, Hong Kong’s Hang Seng Index rose 0.1%. After poll’s displayed the country’s manufacturing activity unexpectedly rebounded in March, almost 3% of Chinese stocks ascended on Monday. …
SHARE MARKET NEWS – Asian stock markets weakened on Wednesday on the pessimistic mood prevailing among markets as the British pound waited for yet another crucial parliamentary vote on Brexit. Sentiment has been dominantly risk-off after British lawmakers trampled Prime Minister Theresa May’s European Union separation deal. The decision compelled the parliament to decide within …
Share Market News: Stocks Tumble on Another Brexit Vote Read More »
ASIAN MARKET – Asian stocks were higher on Friday after index publisher MSCI announcement which said it would increase the weighting of Chinese mainland shares in its benchmarks that measure stock performances globally. Meanwhile, the dollar benefited from robust economic data. The MSCI index said that it would increase four times the weightings of China’s …
Asian Market: Stocks Higher after MSCI Announcement Read More »
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