China

U.S. stocks open higher amid data, earnings

Xinhua News Agency | Mar 15, 2019 at 3:19 PM
  • U.S. stocks opened higher on Friday as investors digested the country’s key economic data as well as the latest corporate earnings reports.
  • The shipments index declined three points to 7.7, a level indicating that shipments grew modestly, though representing the lowest reading in more than two years.
  • Broadcom shares led the gains of semiconductors on Friday, rising more than 10 percent after the company reported better-than-expected quarterly earnings.

China

Major stock market indices worldwide

Xinhua News Agency | Mar 15, 2019 at 3:19 PM
  • The following are the indices of major stock markets worldwide on Friday.
  • The Nasdaq Composite Index opened at 7,658.41 points, up 27.50 points, or 0.36 percent.
  • The Korea Composite Stock Price Index closed at 2,176.11 points, up 20.43 points, or 0.95 percent.

United States

Rebalancing For Opportunity Cost Through Contrarian Investment Strategies

Seeking Alpha | Mar 15, 2019 at 3:03 PM
  • 2018’s late equity selloff left many investors disappointed and tired of traditional index funds and passive investing.
  • Renaissance International IPO ETF ($IPOS) offers investors exposure to a diversified portfolio of IPO securities weighing heavily in China, Japan, Brazil, and German equities.
  • Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF ($EMSG) offers a similar exposure as $USSG.

China

Average salary adds slightly in Taiwan last year

Xinhua News Agency | Mar 15, 2019 at 3:01 PM
  • The average monthly salary in Taiwan added 1.02 percent from previous year to 36,571 new Taiwan dollars (about 1,185 U.S. dollars) in 2018.
  • Average starting salaries for different sectors varied greatly.
  • The service sectors of art and decoration design, pre-school education and short-term training, as well as the beauty, salon and catering industries posted the lowest starting salary levels, all below 30,000 new Taiwan dollars.

United States

Spread between large & midcap returns has peaked, latter more attractive now: MOFSL

Money Control | Mar 15, 2019 at 1:58 PM
  • History suggests that the spread between large and midcap returns has peaked out at 15-20 percent.
  • Reduced geopolitical tension, possibility of stable government, strengthening rupee and recent FII buying has supported turnaround in the market.
  • A) With geopolitical tensions easing, prospects of stable government return increasing and further supported by fall in crude oil prices, appreciating rupee and various other several factors suddenly becoming favourable, the market sentiments have improved.

Russian Federation

Anti-Russia sanctions trigger Russian-Chinese trade growth, says deputy minister

TASS Russian News Agency | Mar 15, 2019 at 1:45 PM
  • Anti-Russia sanctions imposed by western countries have spurred the growth of trade between Russia and China and the development of transport infrastructure, Russia’s Deputy Foreign Minister Alexander Pankin on Friday.
  • Due to sanctions the trade turnover between western countries and Russia has dropped by $300 bln.

United States

How Safe Really Are Savings Accounts?

Fox Business | Mar 15, 2019 at 12:48 PM
  • Savings accounts are a popular choice for saving money.
  • Checking accounts: Just like savings accounts, checking accounts are covered by the Electronic Funds Transfer Act and can be FDIC-insured.
  • Certificates of deposit (CDs): The Electronic Funds Transfer Act and FDIC cover CDs, giving them the same protections you’d get with a savings account.

United States

Hindustan Unilever declines 2% on management rejig; analysts remain bullish

Money Control | Mar 15, 2019 at 12:46 PM
  • Hindustan Unilever shares declined more than 2 percent in morning trade on Friday after the management rejig.
  • The FMCG major, on March 14, has elevated HUL Chairman and Managing Director Sanjiv Mehta as the President of Unilever South Asia with effect from May 1, 2019.
  • Deutsche Bank also remained positive on the stock with a buy call and price target at Rs 2,100 apiece as it expects company to report volume growth of 7.5 percent in Q4 YoY.