United States

5 Safe And Cheap Dividend Stocks To Invest (March 2019)

Seeking Alpha | Mar 23, 2019 at 1:06 PM
  • The markets have continued their steady move upwards since the beginning of this year, as visible from the chart below.
  • If we try to filter for dividend stocks paying 2% plus dividend yield, there are nearly 2000 such companies trading on US exchanges including OTC networks.
  • We think these companies would form a solid group of dividend companies that would be appealing to income-seeking investors, including retirees and near-retirees.

United States

3 Top Fintech Stocks to Buy in March

Fox Business | Mar 23, 2019 at 12:48 PM
  • Square has come a long way in just a few years, but still has massive potential.
  • In 2018, active accounts increased 17% year over year to 267 million accounts.
  • The Motley Fool owns shares of and recommends MercadoLibre, PayPal Holdings, and Square.

United States

Nifty may consolidate ahead of March expiry; HDFC Bank, ICICI, SBI top bets

Money Control | Mar 23, 2019 at 12:16 PM
  • Since the index is already up for 12-13 trading sessions, one should wait for some price and time correction to take place to initiate fresh long positions, Arun Kumar, Market Strategist, Reliance Security.
  • A) The sharp breakout of NiftyBank index seen on March 5, 2019, triggered bullish signals on a near-term basis.
  • Stocks, especially Axis Bank and ICICI Bank, improved the bullish sentiments with their sharp rallies.

China

Galeries Lafayette second Chinese store starts trial operation

Xinhua News Agency | Mar 23, 2019 at 11:26 AM
  • The newest flagship store of French-based high-end department store guru Galeries Lafayette announced its soft opening in Shanghai Saturday, the second one in China after its first store in Beijing since 2013.
  • The company plans to open around 10 stores by 2025 in the Chinese market and will introduce its WeChat mini program in the second quarter of this year.
  • The company also plans to debut its WeChat mini program in the second quarter this year, to deepen its relationship with Chinese customers.

China

(Multimedia) World Bank loans to finance elderly care in Guizhou

Xinhua News Agency | Mar 23, 2019 at 11:11 AM
  • The World Bank has approved a 350-million-U.S.-dollar loan to support elderly care in China’s southwestern Guizhou Province.
  • The bank’s board of executive directors has approved the loans to a program of developing a comprehensive policy and institutional framework for elderly care in Guizhou.
  • It aims to increase equitable access to a basic package of care services for the elderly and to strengthen the quality of services and the efficiency of the aged care system in the province.

United States

‘Nifty could hit 12k before elections; if ruling party wins it may touch 13,000’

Money Control | Mar 23, 2019 at 10:19 AM
  • The market trend is positive until the election result is out, as a result, Nifty will touch 12,000 mark prior to the outcome of elections results, and if the current ruling party wins the elections with majority again, then, Nifty will touch 13,000 mark during the year.
  • Global growth has surely slowed down and IMF had also slashed the global economic growth forecast from 3.7 percent from 3.5 percent for 2019.
  • If the current ruling party wins the elections, Nifty will touch 13,000 mark during the year on account of earnings recovery, lower interest rates and a stable government.

China

U.S. natural gas plant liquid production hits record high in 2018

Xinhua News Agency | Mar 23, 2019 at 8:02 AM
  • U.S. natural gas plant liquid production hit a new high in 2018, the U.S. Energy Information Administration (EIA) said on Friday.
  • U.S. production of natural gas plant liquids (NGPLs) averaged 4.3 million barrels per day (b/d) in 2018, up from 2.5 million b/d in 2012.
  • Nearly three quarters of U.S. NGPL production are concentrated within six producing regions, and NGPL production has generally increased across all regions since 2012 as production of natural gas has grown.

United States

Here’s Why Shares of Citigroup Were Down Friday

Fox Business | Mar 23, 2019 at 5:48 AM
  • Shares of Citigroup (NYSE: C) were down as much as 5% on Friday afternoon on investor fears that falling bond yields and the potential for a slowing economy will eat into results.
  • Bank stocks including Citigroup were under pressure on Friday after the Federal Reserve indicated that it intends to take a more cautious approach on interest rates due to fears of economic weakness.
  • Inverted yield curves also make lending less lucrative for banks.

China

P2P Sites in Transition to Become Facilitators for Institutional Lenders

Caixin Global | Mar 23, 2019 at 5:27 AM
  • As China intensifies a crackdown on the country’s troubled peer-to-peer online lending industry, more and more surviving lenders are transforming into loan facilitators for financial institutions.
  • The remaining ones were encouraged to transform into licensed online microlenders or third-party platforms, also known as loan-facilitating institutions.
  • Institutional partners for the P2P platforms include banks, trust companies and licensed consumer finance companies.