More Asian Commodity Traders Being Denied Bank Loans Due to Perceived Risks

Apr 21, 2020 04:17 am UTC| Economy Investing

Bankers are now requiring crippling terms from commodity traders in Asia or refusing to lend to them altogether due to the perceived risks in transacting with them. Asian commodity traders are increasingly deemed as...

Investors buoyed by results of Remdesivir's clinical trial

Apr 20, 2020 12:54 pm UTC| Investing

The U.S. stock market surged 264 points at the close of trading on Friday, partly due to news of the emergence of the promising coronavirus treatment named Remdesivir by Gilead Sciences (NASDAQ: GILD). The Dow rose 705...

India to probe beneficial ownership of money from investment hubs

Apr 20, 2020 12:49 pm UTC| Investing Economy

The Securities and Exchange Board of India (SEBI) will scrutinize investment hubs such as Singapore, the Cayman Islands, Luxembourg, and Ireland, for investments originating from China and Hong Kong. Investments from...

Canada to guard against foreign takeovers during the COVID-19 pandemic

Apr 20, 2020 12:39 pm UTC| Economy Investing

Canada will scrutinize health-related foreign investments to make sure that other countries arent taking advantage of the pandemic to pursue takeovers. The companies to be examined with particular attention are those...

Investing in research is South Africa's best insurance policy against crises

Apr 09, 2020 04:37 am UTC| Investing Economy

As the SARS-CoV-2 virus spreads around the world, causing the disease COVID-19, it is becoming ever clearer that the solutions to this pandemic will all be based on research. In some cases these solutions will be based...

Europe Roundup: Sterling falls to lowest since early September against dollar, European shares rises, Gold dips 3%,Oil near $30 as recession fears, pump war weigh-March 17th,2020

Mar 17, 2020 13:25 pm UTC| Market Roundups Investing

Market Roundup UK Jan Average Earnings ex Bonus 3.1%,3.2% forecast, 3.2% previous UK Jan Average Earnings Index +Bonus 3.1%,3.0% forecast, 2.9% previous UK Feb Claimant Count Change 17.3K, 21.4K...

FxWirePro: South Korean won falls drastically against euro after BOK’s interest rate decision; hits lowest level since August 3, 2015

Mar 17, 2020 01:49 am UTC| Technicals Investing

EUR/KRW is currently trading around 1,378 mark. It made intraday high at 1,385 and low at 1,376 levels. Intraday bias remains bullish till the time pair holds key support at 1,336 mark. A sustained close above...