 being tightly controlled by the Chinese government, and they are doing this by unusual means. On August 9, in a highly rare step, regulators ordered rural banks in Jiangxi province, China, to renege on their market responsibilities by refusing to settle recent purchases of government bonds. It was the most recent in a series of […]
China Takes New Measures to Stop the Bond-Market Madness Read More »
A bullish Wall Street analyst believes that investors may benefit from Abbott Laboratories’ (NYSE: ABT) shares. After the company’s most recent earnings release, Matt Miksic of Barclays increased his price target to $143 per share while keeping his buy rating. Miksic’s price target, given the current pricing, indicates a gain of almost 32% once the
According To A Wall Street Analyst, Abbott Laboratories’ Stock Could Surge To $143 Read More »
Walt Disney’s (NYSE: DIS) annual fan event did not cause a big increase in the company’s stock price, which was further exacerbated by an analyst’s large price target drop. Disney’s shares did not experience a significant decline on Monday, but they were still in the negative. On a day when the S&P 500 index was
Why Monday’s Walt Disney Stock Dropped Read More »
Dutch Bros (NYSE: BROS) saw a roughly 20% decline in shares after reporting second-quarter profits, disappointing investors with lower-than-expected forecasts. The stock entered negative territory for the year as a result of the decrease. Not enough raised direction Revenue reached $324.9 million in the second quarter, up 30% year over year and more than $7
Plunges Dutch Bros Stock, What Caused the Stock to Fall? Read More »
Asian equities surged, and after the holiday, Japanese equity indices saw a rise as a declining yen appeared to be helping exporters. In South Korea, shares also increased. Following a steep decline the previous week, MSCI’s Asia-Pacific stock index closed at its highest point since August 5. As traders eye crucial US economic figures later
Asia’s Stocks Rise Led By Japan Following The Holiday Read More »
Tuesday’s gains in Asian stocks were led according to Japanese shares on the strength of a stable yen. Traders were waiting for data, such as the US inflation report, to assess the Federal Reserve’s policy stance following erratic actions last week. Following a 3% spike in the previous session, oil prices fell in early trading
Prior To An Upsurge In US Data, Japanese Stocks Boost Asian Equities On A Stable Yen Read More »
India is about to close the difference with China in MSCI Inc.’s emerging country index. After this week’s assessment by the index provider, analysts from companies like IIFL Securities Ltd. and Smartkarma anticipate that India’s weight within the MSCI Emerging Markets Index will increase by at least one percentage point. By doing this, the nation
India Is Expected To Overtake China As The Leading Emerging Market Stock Read More »
With a single source of current volatility eliminated by the Japanese holiday, Asian stocks nudged up on Monday. Investors braced themselves for important economic data from China and the United States, which provided an update on the outlook for global growth. U.S. consumer prices on Wednesday, which analysts predict will rise by 0.2% in each
Prior To US Inflation Data, Asia Shares Are Rising Read More »
Following severe accusations made against SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, by US-based short seller Hindenburg, Adani Group stocks fell sharply in today’s trading. The market, however, did not respond angrily to these claims because the losses were restricted to the modest reductions in the Adani Group equities. Hindenburg’s Accusations Hindenburg
With a 12% increase in payment volume through its Carta service to $2.8 billion and a 10% increase in revenue to $17.6 million, Mogo Finance Technologies Inc. (MOGO) reported a strong second quarter. The corporation made significant advancements in its wealth division with the goal of upending the mutual fund market with an accessible and
Mogo Finance Sees Growth In Q2, Focuses On Wealth And Payments Read More »
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