Oscar Williams-Grut
Jun. 8, 2015, 9:35 AM
2,081
REUTERS/Murad SezerTurkish President Recep Tayyip Erdoğan cast his ballot at a polling station during the parliamentary election in Istanbul on Sunday.Turkey’s stock market is tumbling and the lira is down over 5% against the dollar Monday morning after President Recep Tayyip Erdoğan suffered a huge setback in the country’s elections.Erdoğan’s AKP has suffered its first […]
A man pushes a music box outside of the headquarters of the National bank of Greece in Athens. Photograph: JOHN KOLESIDIS/REUTERS
European shares fell on Friday after Greek bank deposits slumped to a decade low, raising fears that the country is heading towards a disorderly exit from the eurozone.Following a warning on Thursday from Christine Lagarde, head of the International Monetary […]
NEW YORK (AP) — U.S. stocks rose modestly in early trading Wednesday, recovering some of the steep losses the market had the day before.KEEPING SCORE: The Dow Jones industrial average rose 49 points, or 0.3 percent, to 18,092 as of 9:45 a.m. Eastern. The Standard & Poor’s 500 index rose seven points, or 0.3 percent, to 2,111 and the Nasdaq […]
Meanwhile, America enjoys the “Great Reset”!The ancient Egyptians worshipped divine bulls…and now it seems to be paying off!The country’s stock market has gone bullish after it halted capital gains taxes.
Egypt suspended a capital gains tax on Monday, sending shares soaring after a months-long downturn in which investors had complained of a lack of clarity about the new taxes, with some […]
We’ve said it before and we’ll say it again: China’s equity mania truly is the gift that keeps on giving, and not just for those who are riding the wave, but also for those who, like us, appreciate the humor in a giant, margin-fueled bubble that’s captivated millions upon millions of semi-literate housewives and banana vendors turned day traders.While there […]
A “Goldilocks” jobs report from the government Friday helped lift markets – by goldilocks analysts have said this was a number that showed growth for the U.S. economy …but not enough to push the Fed to raise rates anytime soon. So the market got the best of both worlds. Futures leaped on the data and indexes stayed firm all day […]
Linette Lopez
Mar. 31, 2015, 10:25 AM
1,078
China’s stock market has exploded by 78% in the last year, and that rapid growth has people debating — is this driven by fundamentals or the sheer force of China’s new investors? We have something of an answer to that from new data collected in the China Household Finance Survey.The survey broke down the education level […]
Two-thirds of new investors in China’s recent stock market rally didn’t finish high school according to economists at Bloomberg.The Shanghai Composite Index, arguably the country’s most important stock market, has been on a roll since mid-2014 and shows no sign of stopping. This has puzzled economists given that China’s economy has of late shown some serious signs of weakness.On Friday, […]
Welcome to Friday. Here are three things to keep an eye on during the trading day.Two of today’s three are animated by near-opposite human cravings, but both have been crucial drivers of this bull market: biotech stocks and REITs.Number 1:Biotechs are all about a hoped-for future, the promised huge payoff from smarts and risk-taking, magic molecules to extend lives and […]
On Feb. 17, an article appeared in The New York Times, “As Rivals Falter, India’s Economy is Surging Ahead,” by Keith Bradsher, which, among other things, says, “The stock market and rupee are surging. Multinational companies are looking to expand their Indian operations or start new ones. The growth in India’s economy, long a laggard, just matched China’s in recent […]
