Thursday, 17 January 2019
Latest news
Home » Finance


Under Armour CEO Resigns From Pres. Trump's Manufacturing Council


Trump had previously celebrated the support of the Merck CEO , one of the few African-American chief executives of a Fortune 500 company, in his manufacturing initiative. He appeared to criticize the president for not explicitly condemning and disavowing white supremacists in response to the violence in Charlottesville , Va. Read More »

End, not postpone, threats by Kim

It's a hard gambit, for sure. North Korea's threats against Guam and its advancing missile capabilities, highlighted by a pair of intercontinental ballistic missile flight tests in July, have raised security jitters among many South Koreans who worry that a fully functional ICBM in Pyongyang would force the United States to rethink whether to trade NY or Washington for Seoul in the event of a war on the peninsula. Read More »

Fed policymakers grow more anxious about weak inflation


Copper and aluminium prices surged to their highest since late 2014 while zinc hit a high not seem since 2007. Data on money supply for the recent week will be released at 4:30 a.m. Globally, the Hang Seng rose 0.9%, the FTSE 100 added 0.7%, the Shanghai Composite was about 0.2% lower and the Nikkei 225 slipped 0.1%. But a Reuters report on Wednesday (https://uk. Read More »

Galaxy Note 4 batteries are being recalled due to 'overheating' risk


An Aug. 24 release date for the Galaxy Note 8 , however, could give it a good head start against another popular Android smartphone , the Google Pixel 2 . Before you get your pitchforks out, let us tell you that this time around it's nothing remotely similar to the Galaxy Note7 scandal. On paper, it seems as though the dual cameras on the Note 8 are poised to be superior than the ones on the iPhone 7 Plus . Read More »

USA stocks rise ahead of Fed minutes


At 9:39 a.m. ET, the Dow Jones Industrial Average . DJI was up 46.94 points, or 0.21 percent, at 22,045.93 and the S&P 500 . SPX was up 4.79 points, or 0.19 percent, at 2,469.40. The benchmark German 10-year yield was down almost 2 basis points to 0.42 percent, coming off Wednesday's high of 0.47 percent. The yield on USA 10-year Treasuries fell to levels reached yesterday, at lows of 2.222 per cent at the time of writing after the minutes were released. Read More »

European stocks slide amid US-North Korea tensions


While the German DAX Index has edged down by 0.1%, the French CAC 40 Index and the UK's FTSE 100 Index are both down by 1%. USA stocks opened flat on Tuesday after North Korea's leader delayed a decision on firing missiles towards Guam, pointing to receding tensions between the United States and North Korea. Read More »

India's wholesale price inflation in July rises to 1.88%


The government called on Friday for more rate cuts as it flagged risks to economic growth and budget targets. The Consumer Price Index (CPI) measure of inflation was forecast to reach 2.7 per cent last month, up from 2.6 per cent in June, according to consensus figures, but it has held steady. Read More »

Latest Moto X4 leak offers high-quality images and spec details


As with other much-awaited phones, the Moto X has been subjected to its fair share of leaks and rumours. The cameras are expected to feature 13MP + 13MP lenses. only, though it's an internationally-friendly option as it partners with local carriers in many countries to seamlessly provide Fi customers LTE without the need to switch SIM cards. Read More »

Stifel Nicolaus Cuts Rating On Dick's Sporting Goods Inc (DKS) To "Hold"


Stack, chairman and CEO". It has underperformed by 18.05% the S&P500. Morgan Stanley upgraded the shares of DKS in report on Friday, May 20 to "Equal-Weight" rating. Rockefeller Financial Svcs owns 4,000 shares for 0% of their portfolio. Amf Pensionsforsakring invested in 882,543 shares. Comerica Retail Bank holds 0.03% or 68,952 shares. Read More »

Spot Gold and Dollar Slip On Friday


Falls of just 0.3% were recorded by both the Dow Jones industrial average and the more broad-based S&P 500 in early trading. Shanghai Composite Index tumbled 1.6 percent to 3,208.54. The market was also waiting for data that would offer clues about the extent to which the strengthening United States labour market is spilling over into inflation. Read More »

Wenger gives update on Giroud's future at Arsenal after Leicester City winner


Giroud scored the victor in Arsenal's thrilling 4-3 win over Leicester on Friday night at the Emirates Stadium after the Gunners entered the final ten minutes trailing 3-2 to the Foxes . "He is a collective player, an intelligent player as well". Marc Albrighton's deep cross caught out the Arsenal backline, including goalkeeper Petr Cech , and led to Harry Maguire's knock-down finding Okazaki, who made no mistake with his close-range header. Read More »

India's Consumer Inflation Rebounds From Record Low in July


Earlier this month the MPC voted by a majority of six versus two to maintain rates at their 0.25 per cent level, following on from weaker-than-expected inflation in June and Q2 GDP figures. It stood at 1.46 percent in June. As per the CPI numbers, the food price inflation came in at - 0.29 percent, higher than - 1.17 percent in June amid vegetable prices witnessing sharp spike. Read More »

USA stocks close higher as North Korea fears ease


MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.2 percent, with South Korea .KS11 up 0.6 percent and Australia .AXJO 0.7 percent. USA gold futures for December delivery fell 0.4 per cent to $1,285.00 per ounce. The dollar was back in demand, with the euro 0.3 percent lower at $1.1791. Read More »

Canada in line of fire between North Korea and US

Aside from military force, scenarios range from a new round of peace talks to more aggressive actions like intercepting ships suspected of selling North Korea weapons overseas, one of the regime's key sources of income. Pyongyang's news agency described the upcoming war games , the world's largest computerized or simulated drill, as an "exercise for a large-scale nuclear war ". Read More »

Gold Jumps On North Korea Tensions


Germany's DAX fell 0.9 percent, while the CAC 40 in France lost 0.5 percent. Britain's FTSE 100 edged up 0.1%. The euro was 0.45 per cent weaker at 129.125 yen and the Australian dollar slipped 0.7 per cent to 86.66 yen. He has now gone further , saying the warning may not have been tough enough and that if North Korea did what it had threatened, it faced "an event the likes of which nobody's seen before". Read More »

Protesters denounce Trump's first presidential NY home visit


After all, Trump was reared in Queens and oversaw his real estate and reality TV empires from his eponymous high-rise, which also housed the offices for his campaign and transition. 55th Street from 5th Avenue to Madison Ave. " President Trump will be in NYC today-Wed", the subway system's official Twitter handle wrote Monday. Read More »

Wrestling legend Ric Flair dealing with 'tough medical issues'


Ric Flair was reportedly admitted to a hospital over the weekend for undisclosed reasons and shortly after the news broke his management confirmed it. She said: "Ric in hospital for routine monitoring ". It is unknown if his current situation is related to the condition. Former wrestler and now WWE agent Michael P.S. Read More »

President Trump Condemns Hate Groups, Days After Charlottesville Attack


Frazier is the latest among a number of corporate heads to quit a presidential advisory council to protest Trump's actions and policies. CEO Ken Frazier from President Donald Trump's council of manufacturing executives won't have much impact as long as the council has the President's ears, according to Harry Moser, president and founder of Reshoring Initiative, an industry advocacy group. Read More »

Asia stocks, US$ extend slide as US-North Korea tensions intensify


The euro traded mixed in the Asian session. Positive sentiment was also generated by a report from the Labor Department showing a modest uptick in consumer prices in the month of July. The influential financial stocks were among the biggest drags on the index , with Royal Bank of Canada (RY.TO) down 1.0 per cent to $93.36, and Manulife Financial Corp (MFC.TO) falling 2.8 per cent to $24.93. Read More »

US Dollar Struggles against Yen


Those highs were supported by strong corporate earnings, but lofty market valuations and a prolonged period without a significant market pullback had some analysts predicting a sell-off. In commodities , USA crude fell 0.67 percent to $49.23 per barrel and Brent was last at $52.58, down 0.23 percent on the day. Overnight, MSCI's broadest index of Asia-Pacific shares outside Japan had skidded 1.55 per cent, its biggest one-day loss since mid-December, to leave it down 2.5 percent for the ... Read More »