For The Professional Investor
Despite the havoc the most recent financial crisis has wrecked upon economies and businesses, many have said that the tough conditions would give rise to further innovations and creativity in the entrepreneurial world,and they may have been right. Initial Public Offerings on U.S. markets recorded the best year since the technology boom of 1999 sending […]
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The Standard & Poor 500 Index has recorded its biggest gain of the year on rising U.S. stocks amidst better-than-expected retail sales and a corporate merger that boosted confidence in U.S. economy. Technology companies were lead in gains by Inter Corp. and Jabil Circuit Inc. with rises of at lease 4 percent as analysts posted […]
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The benchmark Chinese Index has fallen to its lower level in five months, as losses on technology and consumer shares overtook advances in Aluminum Corp. of China Ltd. and raw-material companies. Apple Inc. supplier GoerTek Inc. (002241) reached the lowest level since May, while Gree Electric Appliances Inc. lost 3.8 percent. Mineral companies had a […]
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Asia’s fourth-biggest equity market has been under-performing with local trading volumes falling into a six-year long decline, pushing North Korea’s bourse operator to consider extending trading hours. Korea’s six-hour trading day may be prolonged by the Korea Exchange within the next five years in an attempt to increase its liquidity in the $1.2 trillion market. […]
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Advancing markets are not likely to recover quickly from the asset slump of last year that has left behind advanced-nation shares by the most since 1998, according to the biggest banks of Wall Street. Goldman Sachs Group Inc. has been advising cuts as high as a third in developing nations investments, predicting “significant underperformance” for […]
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Benchmark indices hit record highs as stocks rallied yesterday, while Treasuries slipped, after the Federal Reserved announced it had gained sufficient confidence in the job market to begin tapering, promising to keep interest rates low. Both the U.S. dollar and commodities gained on the market. The Standard & Poor’s 500 Index (SPX) climbed 1.7 percent, […]
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The two-day Federal Reserved meeting scheduled for this month begins tomorrow and its advent has driven European and U.S. equity futures down along with silver. A slower-than-anticipated growth in Chinese manufacturing has sent Asian stocks near a three-month low as the yen strengthened. Euro Stoxx 50 Index futures dropped 0.2 percent while Standard & Poor’s […]
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The Chinese benchmark index recorded its greatest loss in a month as socks fell on retreading coal producers and speculation that the government may decrease growth targets during an economic policy meeting this week. China’s two largest coal producers, China Shenhua Energy Co. (601088) and China Coal Energy Co., lost at least 2 percent as […]
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Poll results for the upcoming elections in India favour the country’s stocks and currency as investors see a change in government bringing them new opportunities. The SENSEX, the Indian benchmark index, jumped to record levels and the rupee hit a four-month high when results showed the main opposition party winning the state polls. The S&P […]
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The yen rose against the dollar yesterday as investors continued their hunt for clues on when policy makers may taper the economic stimulus sending Japan’s Topix index spiralling down to its biggest two-day drop in nearly four months. The carmaker Nissan Motor Co., which gets over a third of its revenue from North America, fell […]
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