The number of confirmed cases of the coronavirus illness COVID-19 topped 10 million around the world and the death toll surpassed a half million over the weekend, and Florida, South Carolina and Nevada all recorded their highest number of new infections in a single day. Florida counted 9,585 new casesRead More →
On Thursday, 11th May, CMC Markets (OTC:CCMMF) released its full-year results. The final results were extremely positive. The full year for 2019 was up to 31st March and included increased revenues experienced in relation to increased volatility across the markets. I am bullish on CMC Markets for a growth playRead More →
© Reuters. Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the NYSE in New York By Medha Singh and Devik Jain (Reuters) – Wall Street’s main indexes were set open lowerRead More →
Over the past few months, India’s cryptocurrency market has continued to be in a constant state of flux. From crypto bans imposed by the country’s central bank to a historic ruling by its Supreme Court to lift that ban, for most onlookers it appears that India’s crypto market has experiencedRead More →
© Reuters. U.S. President Trump hosts Rose Garden event on treating diabetes at the White House during coronavirus disease (COVID-19) outbreak in Washington By Nandita Bose and David Shepardson WASHINGTON (Reuters) – U.S. President Donald Trump is expected to order a review of a law that has long protected internetRead More →
© Reuters. Tokyo Motor Show 2019 By Naomi Tajitsu TOKYO (Reuters) – Nissan (OTC:) Motor Co (T:) will unveil its plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits which are set to culminate in its first annualRead More →
U.S. stock futures fell sharply on Friday, a day after major benchmarks pushed into correction territory as investor fears heightened over just how much damage the fast-spreading coronavirus will wreak on the global economy. How are major benchmarks trading? Dow Jones Industrial Average futures YM00, -2.27% slid over 600 points,Read More →
MILAN (Reuters) – Mediaset (MI:) will submit revised plans to merge its Italian and Spanish broadcasting units (MC:) under a Dutch entity to authorities in the Netherlands, securing a six-month extension to complete the project, two sources familiar with the matter said. The extension could help the group deal withRead More →
BEIJING (Reuters) – The death toll from the new coronavirus in China’s Hubei province rose by 56 to 350 on Monday, Chinese state television reported citing official figures, as investors braced for volatility when Chinese markets reopen after the Lunar New Year break. There were another 2,103 cases detected inRead More →
By Aditya Kalra and Chandini Monnappa NEW DELHI/BENGALURU (Reuters) – India on Saturday raised taxes on imports of goods such as electronic items, toys and furniture, aiming to give impetus to domestic manufacturing in a move that will hit Sweden’s IKEA and other foreign firms. The measures, announced by FinanceRead More →
For the first time, Uber UBER, +0.43% is allowing drivers to have control over the fares they charge riders. But given the fierce competition across ride-hailing apps, industry experts say this could lead to a price-cutting battle between drivers vying for riders. Uber said on Tuesday it is testing theRead More →
LONDON (Reuters) – Britain will bring to an end the Northern Rail franchise run by Deutsche Bahn’s Arriva due to its “completely unacceptable” performance, Transport Minister Grant Shapps said on Thursday. Shapps told BBC TV he was no longer willing to tolerate the high level of delays and cancellations sufferedRead More →
By Hideyuki Sano TOKYO (Reuters) – A proposed overhaul of the Tokyo Stock Exchange could set a minimum market capitalization requirement of 10 billion yen ($91 million) in free-floating stock for the bourse’s “prime market”, according to a draft proposal released on Tuesday. Liquidity and governance, not just market capitalization,Read More →
Tapas for toddlers? This Fisher-Price charcuterie-board play set has a lot of tongues wagging, with one viral tweet asking “what kind of fancy a— child” has such refined taste. Among the Mattel MAT, +2.14% brand’s toys available for the holidays this year is the $19.99 “Snacks for Two” set. TheRead More →
© Reuters. Asia Stocks Set for Mixed Start; Dollar Advances: Markets Wrap (Bloomberg) — Asian stocks were set to open mixed Wednesday as investors take a breather after the partial U.S.-China trade deal that sent global equities close to record highs. The dollar gained while 10-year Treasuries were steady. FuturesRead More →
Boris Johnson has won the U.K. election and is set for the biggest majority since Margaret Thatcher. News of the predicted win sent the pound sharply up and is likely to see markets rise. Johnson’s Conservative party is on course for 368 seats, which would give him a majority ofRead More →
© Reuters. Amin H. Nasser, President and CEO of Aramco, attends the official ceremony marking the debut of Saudi Aramco’s initial public offering (IPO) on the Riyadh’s stock market, in Riyadh DUBAI (Reuters) – Saudi Aramco’s (SE:) share price jumped 10% for the second consecutive day, hitting 38.7 riyals ($10.32)Read More →
(Bloomberg) — Asian stock futures slumped Tuesday after a sell-off on Wall Street triggered by fresh tariffs announced by President Donald Trump, renewing concerns about global trade tensions. Japan’s currency held gains after its biggest jump since October on Monday in wake of Trump slapping steel tariffs on Brazil andRead More →
By Arjun Panchadar (Reuters) – Wall Street’s main indexes were set to open flat on Tuesday after closing at record highs in the previous session, with a handful of retailers reporting mixed results ahead of the latest batch of consumer confidence data. Trade issues remained in focus after Beijing saidRead More →
© Reuters. Traders work on the floor at the NYSE in New York By Arjun Panchadar (Reuters) – Wall Street’s main indexes were set to open higher on Monday as expectations of a U.S.-China trade truce were strengthened by a report that the two sides were nearing an agreement, whileRead More →
Pete Buttigieg might as well wear a bull’s-eye to Wednesday night’s Democratic presidential debate in Georgia, given how the past four clashes have featured attacks on the front-runner. The mayor of South Bend, Ind., has overtaken Sen. Elizabeth Warren this month in polls focused on the key early state ofRead More →
© Reuters. Investing.com – Electric-vehicle-maker Tesla (NASDAQ:) plans to unveil its new all-electric pickup truck, what CEO Elon Musk calls the Cybertruck, later this month. The pickup is scheduled to be unveiled Nov. 21 near the Space X factory in Los Angeles, Musk said in a Wednesday morning tweet. TheRead More →
Dear Moneyist, My wife and I have two sons, both close to 50, both married, only one with children. We are hard-working and have been financially conservative throughout our marriage, and have managed to save approximately $1.25 million in liquid assets and another $1 million in real-estate equity, though (whoRead More →
© Reuters. ETFs That Echo Hedge Funds Are Set to Double Assets, Report Says (Bloomberg) — A relatively new category of exchange-traded fund is poised to hit it big, according to Greenwich Associates. Institutional investment in so-called liquid alternative ETFs — including products that seek to mirror hedge funds —Read More →
Not all is good in EV Land. Nio, a Chinese electric-car manufacturer vying to become the next Tesla TSLA, -0.51%, has fallen on hard times. A perfect storm of reduced government subsidies, uncertainty brought on by the trade war with the U.S., as well as generally lower demand in ChinaRead More →
