Big shares of a losing biotech stock didn’t stop a pair of four-star-rated ETFs from moving higher Thursday. They may sound similar, but hold distinct investments once you look under the hood.
Category Archives: Markets
India-China Economic Engagement
China is India’s second-biggest trade partner after the US, and its companies have a significant market share in the consumer goods segment, especially electronics. Kirtika Suneja looks at the bilateral trade numbers.
South Africa: VBS Bank Heist: More Arrests are Expected as Hawks Eye Directors, Municipalities
[News24Wire] The Hawks and the National Prosecuting Authority (NPA) have revealed that more individuals linked to the looting of about R2.2 billion from the now defunct VBS Mutual Bank could be arrested soon.
China to step up US agriculture purchases under phase one trade war deal after Hawaii talks, sources say
China plans to accelerate purchases of American farm goods to comply with the phase one trade deal with the United States following talks in Hawaii this week.The world’s top soybean importer intends to step up buying of everything from soybeans to corn and ethanol after purchases fell behind due to coronavirus disruptions, said two people familiar with the m […]
Faster initiation of anti-dumping probes on China imports soon
India will respond faster to complaints about dumping of Chinese goods, as the country looks to stimulate local production and reduce dependence on imports.
What now? Firms brace for chaos as India-China faceoff puts business in uncertain territory
For now, Indian equities and the currency are holding up as the Asian giants have a history of face-offs. They fought a war in 1962 over their 3,488-kilometer unmarked boundary. The challenge now is to de-escalate as the scale of the previous conflicts “was very small,” according to Dai Ming, Shanghai-based fund manager at Hengsheng Asset Management Co.
A tale of two recessions: Some Americans thrive as others suffer
The recession is playing out much differently across wealth, race and gender divides. Some are bearing the brunt of the economic contagion, while others hardly feel a thing.
Africa: Continent Set to Get Debt Relief From China
[East African] Chinese President Xi Jinping has pledged to cancel interest-free debt owed by “relevant” African countries as part of Beijing’s move to help the continent during the Covid-19 pandemic.
Africa: Agroecology Strengthens Farmers’ Resilience but Highly Underfunded in Africa
[IPS] Nairobi -With just a quarter of an acre of land in Kesses near Kenya’s Eldoret town in the Rift Valley region, Samson Tanui is practising agroecology and his permaculture unit has become the centre of attraction for farmers from near and afar amid food shortages during the current COVID-19 pandemic.
Trump Trade Official Defends China Deal and Criticizes the W.T.O.
The trade negotiator Robert E. Lighthizer defended the aggressive use of tariffs and said Europe could face levies if it did not agree to better trade terms.
India-China border dispute: tensions likely to increase scrutiny of Chinese investment, analysts say
Restrictions on Chinese trade and investment in India are expected to increase following a deadly clash between troops along their shared border on Monday, analysts said.Local trade groups and officials in India are urging boycotts of Chinese-made products and new reviews of Chinese investment following the major escalation of a weeks-long standoff between t […]
Police Fines Fund City Budgets, But At A Cost
NPR’s daily economics podcast The Indicator from Planet Money investigates how the fees and fines that make up city budgets disproportionately target low-income communities and communities of color.
Nikola Buzz Warranted, Or Is Tesla A Better Bet?
Nikola, a company that designs and intends to produce electric semi-trucks, has seen its stock almost double to levels of around $65 since early June. This puts the market cap of the company, which went public earlier this month following a reverse merger with a publicly-traded special purpose…
Nikkei rebounds on buybacks and strength in tech sector
The Nikkei bounced back Friday on the Tokyo Stock Exchange (TSE) supported by buybacks and the popularity of technology issues.The benchmark 225-issue Nikkei average listed …
Europe Markets: European stocks rise on signs of loosening U.S.-China tension while Wirecard gets crushed again
European stocks pushed higher on Friday and were headed for a weekly gain after days of worries over rising coronavirus cases in parts of the world. Potential good news on the U.S.-China trade front was inspiring some gains.