Markets

USA defense secretary reaffirms commitment to Taiwan

With regional leaders seeking how to square US President Donald Trump's "America First" doctrine with a US leadership role in the region, Mattis strongly reaffirmed US commitment to its alliances. During his nomination hearing earlier this year, Secretary of State Rex Tillerson warned that the U.S. was "going to have to send China a clear signal that first the island-building stops, and second your access to those islands also is not going to be allowed". Read More

Continue Reading »

Bahrain cuts diplomatic ties to Qatar as Gulf rift deepens

Qatar had no immediate comment. But tensions appeared to increase, nevertheless. In a brief news conference following the meeting, Saudi Foreign Minister Adel al-Jubeir and Egyptian Foreign Minister Sameh Shoukry said they wanted to strengthen bilateral ties, expand their counterterrorism efforts under the auspices of a new Saudi anti-terrorism center and work with U.S. Read More

Continue Reading »

China's Li: fighting climate change is 'global consensus'

China's Li: fighting climate change is 'global consensus'

Their announcement Thursday came just after Trump's formal declaration that he meant to remove the us from the deal. Mrs May continued that the Paris Agreement provides "the right global framework for protecting the prosperity and security of future generations, while keeping energy affordable and secure for our citizens and businesses", a Downing Street spokesperson said. Read More

Continue Reading »

US Construction Spending Unexpectedly Slumps 1.4% In April

US Construction Spending Unexpectedly Slumps 1.4% In April

On Thursday, Fed Governor Jerome Powell signaled the US economic expansion warrants further rate hikes as it approaches full employment and inflation is moving closer to the Fed's 2-percent goal. Forecasts from Fed officials suggest that a median of two more hikes are planned before the end of the year. The job gains in the ADP survey were led by big increases in construction, education and health, and professional and business services, which includes high-paying fields such as ... Read More

Continue Reading »

Malaysia Airlines flight returns to Melbourne after passenger tries to enter cockpit

The airline said in a statement that Flight MH128, which was headed from Melbourne to Kuala Lumpur , turned back to Melbourne on Wednesday because of the incident. Photographs on the Australian Broadcasting Corporation website showed black-clad armed officers on board the plane. The minister said the man was holding a " powerbank ", or phone charger, while Mr Leoncelli described it as a "giant black object". Read More

Continue Reading »

BHP should take Elliott's activism as a compliment

BHP should take Elliott's activism as a compliment

Mackenzie outlined BHP's plans, which he argues could lift the value of the company by 50% and double its return on capital. This is the story many in the business media and the investment industry won't tell you - but that attack on BHP from a United States hedge fund and private equity group has collapsed as it has been forced to significantly recast its ideas. Read More

Continue Reading »

Greece Fails to Reach a Deal Over Fresh Bailout Funds

Greece Fails to Reach a Deal Over Fresh Bailout Funds

Greece's finance minister, Euclid Tsakalotos , said: "Greece has done its bit, most would say more than its bit". While austerity measures over the past seven years have seen Greece's annual budget position improve markedly, the country's debt burden stands at around 180 percent, a level that the Greek government and the International Monetary Fund think is unsustainable in the long-term - hence the insistence on some debt relief. Read More

Continue Reading »

Bangladesh pull off historic win over Black Caps

Bangladesh pull off historic win over Black Caps

New Zealand broke through with wickets to Patel, Hamish Bennett (1-47) and Mitchell Santner (1-53) but a key unbeaten partnership between Mushfiqur Rahim (45no) and Mahmudullah (46no) steered Bangladesh home. Captain Latham top-scored for the third successive Black Caps global, posting a patient 84 off 92 balls after his team were asked to bat. New Zealand will want to stay unbeaten in the series keeping with their top-dog status among the three teams in the mix. Read More

Continue Reading »

Bon Voyage | Indian Railways' Tejas Makes Inaugural Run From Mumbai To Goa

Bon Voyage | Indian Railways' Tejas Makes Inaugural Run From Mumbai To Goa

On Sunday, when people saw the new-look train at the platform no. 18 of the Chhatrapati Shivaji Maharaj Terminus, there was a lot of excitement. Sources said that the hard terrain in the rains may pose to be a hurdle. Staff from the mechanical section was already walking through 19 coaches, of which four are back-up coaches that were brought in from Delhi after being manufactured in Kapurthala (Punjab) at the Rail Coach Factory there. Read More

Continue Reading »

Ford set to fire CEO Mark Fields as shares founder

Ford set to fire CEO Mark Fields as shares founder

A Ford spokesman declined to discuss any management changes, but the company called a news conference for 1345 GMT (0945 ET). The company's board and Mr. Fields, 56, has worked for Ford for almost 28 years. He was recognized for predicting the office landscape would shift away from cubicles to an open-space environment, and transformed the traditional manufacturer of office furniture, the profile showed. Read More

Continue Reading »

Julian Assange still faces arrest warrant - United Kingdom police

Julian Assange still faces arrest warrant - United Kingdom police

Swedish prosecutors made clear that the charges were not dropped because of a lack of probably cause or evidence, but rather because extraditing Assange to Sweden was proving to be impossible, the New York Times reports . Marianne Ny. Nearly 5 years ago Julian Assange was permitted refuge at the Ecuadorian embassy in London, where he has resided ever since. The Australian, who has lived inside the embassy for nearly five years, said the "road is far from over", adding it was "extremely ... Read More

Continue Reading »

Wall Street has worst day in months amid Trump worries

Wall Street has worst day in months amid Trump worries

In Asian trade, the dollar recovered slightly Thursday to trade up 0.2% at ¥111.01. Asian stock markets were mostly lower on Wednesday as a rise in political uncertainties dented risk sentiment with in. Trump took to twitter on Tuesday to defend his decision to share sensitive information with Russian Federation, insisting that he had "the absolute right" to share "facts" about terrorism with Russian Federation. Read More

Continue Reading »

White House Postpones Meeting to Decide on Participation in Paris Climate Pact

Please keep the U.S.in the Paris Climate Agreement. "We felt like it was critical that we get this information to the White House", Yates said, "in part because the Vice President was unknowingly making false statements to the public". coal industry, to stick with the accord. It is expected to draw much attention and concern in view of the American reluctance to take climate actions as per the promises made by the then Obama administration in the run up to the Paris deal in 2015. Read More

Continue Reading »

Trump threatens to cancel briefings for 'sake of accuracy'

Mr Trump said it was "possible" he could name someone by Friday, before he leaves for his first foreign trip . As he later met with former secretary of state Henry Kissinger at the White House, Mr Trump was asked by reporters why he fired Mr Comey, responding: "He wasn't doing a good job, very simply." "They've been vetted over their lifetime essentially, but very well known, highly respected, really talented people". Read More

Continue Reading »

S&P 500, NASDAQ hit record highs as oil, tech climb

S&P 500, NASDAQ hit record highs as oil, tech climb

Halliburton rose $1.21, or 2.7 percent, to $46.35 for one of Monday's biggest gains in the S&P 500. The Dow Jones Industrial Average was up 85.33 points, or 0.41 percent, to 20,981.94. The 10-year Treasury yield fell to 2.33%. Brent crude, the global standard, rose $1.23 to $52.16 per barrel on Monday. The 30-year yield rose to 3.01 percent from 2.99 percent, while the two-year yield slipped to 1.28 percent from 1.29 percent. Read More

Continue Reading »

Judge approves emissions-cheating settlement for 3-liter VWs

Judge approves emissions-cheating settlement for 3-liter VWs

In October, the court endorsed a record-setting $15 billion compensation deal that covered the approximately 480,000 2.0-liter Volkswagen diesel cars also equipped with software created to defeat emissions tests. U.S. District Judge Charles Breyer gave the deal final approval during a hearing Thursday. "These agreements accomplish our goal of making the consumers harmed by Volkswagen's emissions deception whole, while repairing or removing illegally polluting vehicles from our roads", ... Read More

Continue Reading »

PA judge rules "probable cause" to charge 2015 Amtrak train derailment engineer

The National Transportation Safety Board found that Bostian lost " situational awareness " on May 12, 2015, before he lost control of the train that flew off the tracks around a tight curve. The state AG's office will either press charges or appeal the judge's order via Superior Court. Bostian, who lives in Somerville, Massachusetts, has not yet been arraigned on the charges. Read More

Continue Reading »

Analysts Upgrade/Downgrade Activity of Tribune Media Company (TRCO)

Analysts Upgrade/Downgrade Activity of Tribune Media Company (TRCO)

Tribune blamed the decrease on lower revenues and increased programming expenses of $17.1 million, driven by a larger number of original hours aired on WGN America and higher network affiliate fees. Petroleo Brasileiro S.A. - Petrobras (PBR) stock price distance from twenty day simple moving average surged at 5.58% while its distance from fifty day simple moving average raised 3.23% along with -2.84% below distance from two hundred simple moving averages. Read More

Continue Reading »

Indian equities close on flat note

Indian equities close on flat note

Domestic investors: Domestic investors are taking a prominent position in equities and a surge in mutual fund inflows has reduced vulnerability of the Indian stock market to foreign fund flows. The merger of cement majors has been taken positively by investors and supported market sentiment", said Vinod Nair, Head of Research, Geojit Financial Services. Read More

Continue Reading »

Car rental company Hertz falls on bigger-than-expected loss

Car rental company Hertz falls on bigger-than-expected loss

Average True Range (ATR) is an indicator based on trading ranges smoothed by an N-period exponential moving average percentage of the true range values. Looking forward, for the quarter ending Jun-17, 8 analysts have a mean sales target of 884.13 million. Sell-side analyst recommendations point to a short term price target of $28.03 on the company shares. Read More

Continue Reading »

Sensex scales 30000-mark in early trade

Sensex scales 30000-mark in early trade

Mumbai: The benchmark Sensex today regained the 30,000-mark early on by surging over 76 points after investors built more bets and domestic financial institutions continued buying amid mixed Asian cues. "Banking stocks resumed the firmness on strong buying support", Desai told IANS. "Both the benchmark indices are now witnessing firm sentiments and we expect the Indian equities to continue with firm trades in the second half of the session as well". Read More

Continue Reading »

Stock Volume Ramping Up Mid-Session: Northern Dynasty Minerals Ltd. (:NAK)

Stock Volume Ramping Up Mid-Session: Northern Dynasty Minerals Ltd. (:NAK)

The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. Momentum investors are positioning for a gold rush at Northern Dynasty Minerals. The Company Touched its 52-Week High on 01/24/17 and 52-Week Low on 06/24/16. (NAK) has an Average Brokerage Recommendation (ABR) of 1, according to data compiled by Zacks Investment Research. Read More

Continue Reading »