Chinese e-commerce giant Alibaba Group is planning a secondary listing in Hing Kong. The company has the chance to raise billions of dollars. It is worth mentioning Alibaba is one of the most valuable publicly traded companies in terms of market capitalization. This news will affect stocks. Another interesting fact is that Alibaba’s initial public …
Alibaba Group is one of the most valuable publicly traded companies in terms of market capitalization according to Financial Times Global 500. Another interesting fact is that the Chinese e-commerce giant joined this list in 2017. It means that the company founded by famous Chinese businessman Jack Ma and his friends is very successful, and …
The Chinese E-commerce Giant Plans Secondary Listing Read More »
On November 11, the stock markets declined due to the problems connected with the political crisis. Demonstrations started a long time ago. However, several incidents that happened on Monday increased the level of violence. On Monday, a traffic officer shot a young protester. According to hospital authorities, this protester is in critical condition. The same …
On Monday, tensions escalated in Hong Kong. The demonstrations started several months ago in June. On November 11, several incidents took place in Hong Kong. Due to the problems connected with the political crisis Hong Kong stocks declined on Monday. Early in the day, a traffic officer shot a young protester. As a result of …
Last week on Friday, shares in several Asian countries declined due to the uncertainty connected to trade talks. This news affected the stock markets. Gao Feng is a spokesperson for China’s Commerce Ministry. On Thursday, he said that China and U.S. agreed to scrap the tariffs as part of the “phase one” deal. U.S. official …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDCHF The pair is trading in the red at present, but the current trend it is traversing is notably upwards, after going down in the month of September. The 50-day moving average is also …
Daily Market Charts and Analysis November 11, 2019 Read More »
Stocks and the global economy On Friday, shares in Asia due to the uncertainty connected with U.S-China trade talks. Investors are trying to analyze the recent news which came from the Chinese Commerce Ministry. On November 7, Gao Feng, who is a spokesperson for China’s Commerce Ministry made a statement that helped to boost the …
The global food sector giant, Investcorp, partners with several Chinese entities to buy $500 million worth of food brands. The company announced the plan earlier this Thursday, making headlines in the food and beverage industry. Investcorp will not only lend their funds to Asian food brands, but it will also buy some manufacturing sites in …
Investcorp Invests Billions in Asian Food Sector | Wibest Read More »
Shares in the Danish jeweler Pandora A/S took a huge dive after the company warned of steeper declines in sales in 2019. The seller of charms dropped as much as 15.3% to Dkr287.3, adding to the two-third losses it already registered in the past three years. The company said it expects sales to weaken from …
Pandora Sale Outlook Sends Stock Down | WibestBroker Read More »
As an effect of the ravaging African swine fever, China now looks to get more imports from Brazil. Chinese pig exports have continued to cause trouble in Asian countries like the Philippines. Beijing has recently upped its pig imports to fill the void left by the African swine fever in markets. Yesterday, the Brazilian Minister …
Pig Fever Pushes China to Open Offal Markets | Wibest Read More »
Equity securities in Asia moved after the string of monetary policy and interest rate announcements. MSCI’s broadest stock index for Asia Pacific ex-Japan gained 0.53%. It reached its highest since July 30. In Hong Kong, shares jumped 0.93%, and Japan’s Nikkei stock index fetched 0.43%. South Korea’s KOSPI soared 1.1%. On top of those, Shenzhen …
Equity Securities React to Monetary Policy | WibestBroker Read More »
US and China further influence the Asian market as they announce their trade progress. Risk appetite increases as the US expects more interest cuts this week. MSCI’s index of Asia-Pacific shares outside Japan went up 0.2% in early trade to its highest since July. Japan and Canada also set a meeting this week to prevent …
China is unique in many ways, and its cryptocurrency market is not an exception. Officially it is a communist state created by Mao Zedong 70 years ago. Nevertheless, the vast majority of the country’s GDP depends on the private sector. Another interesting fact that it is famous for the “one country two systems” principle. The …
Investors boosted the euro as they bid adieu to the now-former European Central Bank President, Mario Draghi. The pan-European Stoxx 600 climbed 0.3% to its highest since May 2018. Draghi was credited for his expansion of ECB’s arsenal of crisis-fighting tools with innovative policies involving lower borrowing costs. Italy was struggling with high borrowing costs …
Goodbye Draghi, Hello European Stock Rise | Wibest Broker Read More »
The trade war between the U.S. and China started a year ago. However, the first signs of the trade war started earlier as discontent was growing for years. The current U.S. President Donald Trump was not happy with U.S.-China relations even before he became the president. His opinion was that China was mistreating the U.S. …
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
