The negatives in the Union Budget 2019 dented market sentiment in the week ended July 12.
By Jhoo Dong-chan The Bank of Korea (BOK) is under growing pressure to lower its key policy rate after U.S. Federal Reserve Chairman Jerome Powell strongly hinted at a rate cut later this month Thursday.
The market remained lacklustre in the outgoing week as investor participation was at multi-year low amid lack of market moving triggers and release of International Monetary Fund staff report that painted a bleak near-term macroeconomic picture for Pakistan.
Greenland Holdings Co., Ltd., a major property developer in China, said its net profits for the first half of 2019 rose 45.7 percent year on year to 8.8 billion yuan (about 1.3 billion U.S. dollars).
It has been a case of trebles all round for Diageo this year.
AOC is right: Inflation is solved. That’s why central banks are doing the unthinkable — cutting rates when we’ve got full employment and the Dow at 27,000.
The economy in Europe and the US is an unusual beast right now.
The countdown to the Federal Reserve’s interest rate decision of July 31 is underway with investors debating whether policy makers will cut interest rates by 25 basis points or 50 basis points.
Not everybody is observing the supposed ceasefire in the currency wars.
Chinese cloud-based robotics company CloudMinds Inc filed for an initial public offering (IPO) on the US stock market.
Chinese cloud-based robotics company CloudMinds Inc. filed for an initial public offering (IPO) on the U.S. stock market.