The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on the bourse from selling stock, worried that such sales could douse a long-desired rally, three people familiar with the matter said on Monday.
The Indian rupee was unresponsive to strength in its Asian peers on Tuesday and hovered in a tight range to kick off the last trading week of November.
After a 35% fall this year, JetBlue Airways stock (NASDAQ: JBLU) looks like it can see higher levels. Looking at a slightly longer term, JBLU stock is down a significant 78% from levels seen in late 2019. This can be attributed to 1. the company’s P/S ratio, which pl
Deere (NYSE: DE) recently reported its Q4 fiscal 2023 results (fiscal ends in October), with revenues and earnings well above our estimates, but we believe that DE stock has only a little room for growth, as discussed below. The company reported revenue of $15.4 billion and
Intercontinental Exchange’s stock (NYSE: ICE) has gained roughly 11% YTD, as compared to the 18% rise in the S&P500 over the same period. Further, at the current price of $114 per share, ICE stock is trading 11% below its fair value of $129 – Trefis’ es
India's blue-chip indexes were flat as Tuesday as a rise in Adani and energy stocks offset a fall in information technology (IT) stocks after a recent rally.
The International Monetary Fund is "very keen" to support Argentina and the country could be a candidate to receive financing through its Resilience and Sustainability Trust (RST), the Fund's chief Kristalina Georgieva said on Monday.
(RTTNews) - LifeVantage Corp. (LFVN) said it has appointed Raymond Greer as Chairman of the Board. He succeeds Garry Mauro, who will continue to serve as a member of the Board of Directors.
Japan's Nikkei share average traded lower on Tuesday as investors sold stocks to lock in profits from recent gains, with the yen's rebound against the dollar further weighing on sentiment.
Dalian iron ore futures hit a one-week low on Tuesday, as the Chinese government continued to monitor prices and intervene in the market to curb a price rally.
(RTTNews) - Asian stock markets are trading mostly higher on Tuesday, following the broadly negative cues from global markets overnight, as traders seemed reluctant to make significant moves ahead of the release of some key economic data in the coming days. Most currencies in the
Canadian miner First Quantum hopes to avoid arbitration with Panama's government over a major copper mine by instead resolving disagreements during a 90-day period for talks between both sides, the company said in a statement late on Monday.
Gold prices climbed to a six-month peak on Tuesday, buoyed by expectations that an end to the U.S. Federal Reserve's interest rate hike cycle would keep the dollar and yields under check.
Australia will ban imports of disposable vapes in January, the Health Minister said on Tuesday, the first step in a crackdown aimed at curbing the growing popularity of these nicotine-filled devices with young people.
(RTTNews) - Mixed Asian markets and the overnight weak close on Wall Street are pointing to a somewhat subdued start in the Indian stock market, where trading resumes Tuesday morning after an extended weekend.
Chinese chipmaker Loongson
Technology announced the launch of a new generation of
domestic-made computer central processing units (CPUs), the
Loongson 3A6000, and a printer main control chip, the Loongson
2P0500, Chinese state media reported on Tuesday.
Indian shares are set to open higher on Tuesday on falling U.S. Treasury yields, spurred by renewed hopes for an end to the rate hike cycle and as oil prices hovered around $80 per barrel ahead of the OPEC+ meeting.
India's economic expansion likely moderated but remained strong in the September quarter, supported by robust service activity and solid urban demand despite a global slowdown dampening export growth, according to a Reuters poll of economists.