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Asian countries

Stocks in Asia

Stock markets in different parts of the world

On December 17, mainland Chinese stocks strengthened their positions. The Shanghai Composite jumped 1.27% to close at 3,022.42. Meanwhile, the Shenzhen composite gained 1.30% to 1,708.41. Let have a look at the Shenzhen component; its index increased by 1.45% to 10,306.03. In Hong Kong, the Hang Seng Index added 1.06% during its final hour of …

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Trade war and China's economy

Stocks: China’s economy and trade deal

Last week, the U.S. and China reached a long-awaited agreement regarding the “Phase one” trade deal. This news as well the information connected with China’s industrial output and retail sales, helped to boost Chinese stocks. On Sunday, U.S. Trade Representative Robert Lighthizer commented on the U.S.-China trade deal. According to Lighthizer, as a result of …

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Wibest – Oil and petroleum: Oil poured out of a container.

Oil and Petroleum Prices Slip on Absent Agreement Details

Without further details or follow-ups on the US-China trade war, oil and petroleum prices decline this Monday. Prices stopped rallying after. Looking at it, the somewhat ceasefire between the feuding giants is what the American economy needs. However, it wasn’t enough to keep prices rallying as traders seek further clarity on the agreement. WTI crude …

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Intel: Close up of Intel sign photo.

Intel Shares Annual Pay Gap Data | Wibest Broker

Tech giant Intel further proved its transparency on its efforts for diversity in the workplace with 2017-2018 compensation data. In six out of seven categories of occupations, white and Asian males were in the dominant pay tiers. Barbara Whye, the company’s chief diversity and inclusion officer said the data was essential to their diversifying story. …

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Trade war and stocks on December 10

Stock markets in Asia and the possibility of new tariffs

On December 10, the media outlet released information which will affect the stock markets. According to the information, the U.S. is unlikely to impose additional tariffs on Chinese exports. This information comes from the U.S. agriculture secretary Sonny Perdue who stated that he does not believe tariffs will be implemented after the deadline. It is …

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Stocks on Monday

Stocks and China’s exports

On Monday, stocks in Asia increased despite China’s exports, which failed to meet the expectations. According to the country’s customs data, exports declined in November. Moreover, it was the fourth consecutive month of negative results. Mainland Chinese stocks barely changed, but the overall situation was quite positive. The Shanghai composite rose to around 2,914.48. At …

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The state of the U.S. economy and wto

The World Trade Organization and trade disputes

The World Trade Organization is an intergovernmental organization and its history dates back to 1995. Its purpose is to deal with issues connected with international trade between countries. Also, it is an interesting fact that as part of the Marrakesh Agreement, it replaced the General Agreement on Tariffs and Trade. One of the most important …

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