Trading News

Oil Prices Climbs Up Due to Progressive Trade Talks Between US-China, OPEC Cuts Supply

By Brian Stanley March 5, 2019

Oil prices were high on Monday in Asia, with a slight recovery from its last week performance. During the time, when the OPEC the manufacturer club, tightened its supply output, there were progressive ongoing trade talks between the US and China. The report suggests that both the countries were very close to reach out a […]Continue Reading

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Kiran Mazumdar-Shaw Imposed With Fine Of 9.5 Lakh Rupees For Selling Shares and Breaching Trade Norms by Infosys Board

By Norma Stanley March 4, 2019

On Thursday, Infosys, the second largest IT Company of India has imposed a fine of 9.5 lakh rupees on one of its key independent director Kiran Mazumdar Shaw for selling 1,600 shares accidentally of Infosys during the trading hours. Infosys has mentioned it in on February 28 during its BSE filing. She had not taken […]Continue Reading

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Regulators in UK and US Create a ‘Bridge’ for Derivatives

By Evan Vaughn February 27, 2019

The United Kingdom and the United States entered in an agreement on Monday for a long-term pact to ensure that the $2 trillion a day transatlantic derivatives market remains uninterrupted by Brexit. The transactions in London and New York account for 80% of all global off-exchange trade contracts. Derivatives are extensively utilized by companies to […]Continue Reading

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Asian Stocks sore high, Nifty and Sensex also rise due to progressive trade talks between US and China

By Adrian Todaro February 26, 2019

As soon as US President Donald Trump announced that the trade talks were progressive and are ready to the extent the tariff hike on Chinese goods, the Indian shares reached another high level along with Asian stocks. When the news arrived about the trade talks between Beijing and Washington has achieved substantial progress during the […]Continue Reading

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Chinese Computer Maker Lenovo posts Robust Quarterly Profits amid Trade Tensions

By Norma Stanley February 21, 2019

The world’s biggest manufacturer of computers, Lenovo Group, shrugged off the United China-China trade tensions to post a handsome profit in its quarterly results. The Chinese companies results beat the estimates of analysts, and this is an important development since many would have expected the computer maker’s results to be disappointing due to the trade […]Continue Reading

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HSBC misses on earnings expectations for 2018, blames US-China trade war and slowdown in the UK

By Katherine Miller February 21, 2019

Declaring the annual financial report card for 2018, HSBC on Tuesday admitted falling short of expectations on several fronts, following a challenging fourth quarter. Markets across the globe experienced sharp falls in business activity during the last quarter. Europe’s largest bank’s reported pre-tax profits for 2018 stood at $19.89 billion, a 15.9% jump from the […]Continue Reading

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As Hopes on Trade Talks Rise Asian Stocks Reach 4-Month High

By Evan Vaughn February 14, 2019

There is great optimism that the US and China will be able to come to a deal and resolve the seven-month trade war between both countries. Due to that sentiment, the stocks in the Asian markets which were fluctuating mostly in the negative side rose to a 4-month high on Wednesday. At the market: The […]Continue Reading

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Duracell and Energizer Competing for Controlling Stake in India’s Eveready

By Teresa Taylor February 13, 2019

Eveready, one of the biggest manufacturers of flashlights and dry cell batteries, has been put on the market by India’s Williamson Magor Group due to a pile of debt that has crippled the holding company of the group. According to a report in India’s Economic Times, the fight for the controlling stake in Eveready is […]Continue Reading

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United States and China Make Significant Progress in Bilateral Trade Talk

By Brian Stanley February 8, 2019

Significant progress has been made during the latest round of China-United States trade talks. Business leaders, analysts, and officials said that it could pave the way for a complete solution during the next-step of negotiations. They also conveyed that China has been opening up its economy to the rest of the world and is offering […]Continue Reading

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China’s Industrial Profits Shrink Second Month In A Row

By Adrian Todaro January 30, 2019

Earnings of China’s industrial firms have gone down further in December. This has placed a lot of pressure on policymakers to support the industries hurt by weak factory activity and slowing prices as a result of the U.S.- Sino trade war. The dipping earnings point to troubled times ahead for China’s huge manufacturing sector which […]Continue Reading