Trading Ideas
5 Things I Wish I’d Known Before Paying for College
Learn these valuable tips before heading off to college. …read more […]
Month: May 2018
Business News
Credit raters put pressure on Deutsche Bank over new strategy
FRANKFURT (Reuters) – Deutsche Bank’s new chief executive Christian Sewing needs to come up with a convincing strategy swiftly to stave off the threat of costly credit downgrades, the leading rating agencies told Reuters.
Business News
World stocks head higher on hopes of thawing trade tensions
LONDON (Reuters) – Prospects of a thaw in U.S.-China trade tensions supported global stocks on Monday, as U.S. President Donald Trump pledged to help ZTE Corp “get back into business, fast” after a U.S. ban crippled the Chinese technology company, while oil prices retreated from highs.
Business News
Moscow may provide some support for Deripaska’s Rusal, GAZ
MOSCOW (Reuters) – Russia is considering providing support to tycoon Oleg Deripaska’s Rusal and GAZ , two companies hit by U.S. sanctions, but will not go as far as buying stakes in his firms, Finance Minister Anton Siluanov said on Monday.
Business News
Flights grounded as Brussels Airlines pilots begin strike
BRUSSELS (Reuters) – Pilots at Lufthansa subsidiary Brussels Airlines staged the first of two planned days of strikes over pay and conditions on Monday, grounding about 75 percent of the Belgian carrier’s flights.
Business News
Oil slips from multi-year highs as U.S. rig count rises
LONDON (Reuters) – Oil prices eased from 3-1/2-year highs on Monday as resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran, while rising U.S. drilling pointed to higher North American production.
Business News
ZTE employees in China cheer Trump tweet
HONG KONG (Reuters) – Employees of ZTE Corp, the Chinese telecom equipment maker, are cheering a tweet by U.S. President Donald Trump that suggested a resolution is in sight for a devastating ban on sales to the Chinese company.
Business News
China says will work with U.S. for positive outcome in trade talks
BEIJING (Reuters) – China said on Monday it is willing to work with the United States for a positive outcome in trade negotiations this week.
Business News
JPMorgan applies to set up majority-owned securities business in China
HONG KONG (Reuters) – JPMorgan Chase & Co said on Monday it has applied to China’s securities regulator to set up a securities business in which the U.S. bank would own a majority stake under recently relaxed ownership rules.
Business News
China’s night-owl retail investors leverage up to dominate oil futures trade
BEIJING (Reuters) – As 9 pm approaches every weekday night in China, a small army of individual investors from around the country log onto trading apps on their mobile phones and laptops.
Trading Ideas
Android malware returned to Google Play with just a name change
Google has done a lot to thwart Android malware in recent months, but it’s …read more […]
Trading Ideas
China’s Economy Chief Flying to U.S. After Trump’s U-Turn on ZTE
Chinese Vice Premier Liu He plans to fly out Tuesday for talks with the U.S., two people familiar with the situation said, signaling progress on trade tensions after President Donald Trump offered a lifeline to beleaguered telecom equipment maker ZTE Corp. Liu, who is President Xi Jinping’s top aide for economic matters, will be accompanied by Commerce Minister Zhong Shan, along with deputy ministers from the commerce, finance and foreign affairs ministries, as well as the central bank, one of the people said. Trump said in a Sunday morning tweet that he and Xi are working together to …read more […]
Business News
JPMorgan submits application for majority-owned China securities business
HONG KONG (Reuters) – JPMorgan Chase & Co said on Monday it had submitted an application to the Chinese securities regulator for setting up a new onshore securities business in which the U.S. bank would own a 51 percent stake.
Business News
NAFTA math may not add up to more U.S. auto jobs
DETROIT (Reuters) – Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States may not be enough to spark a shift in where automakers build cars and trucks.
Business News
Xerox abandons planned deal with Fujifilm in victory for Icahn and Deason
NEW YORK/TOKYO (Reuters) – Xerox Corp has scrapped a planned $6.1 billion deal with Fujifilm Holdings Corp in a settlement with activist investors Carl Icahn and Darwin Deason that also hands control of the U.S. photocopier giant to new management.