TSE:4004) has prepared a new medium-term consolidated business plan, "The TOP 2021," for the 2019-2021 period. Under the current medium-term consolidated business plan, "Project 2020+," which started in January 2016 and will end in this December, the Showa Denko Group has been striving
Oil giant Eni, backed by the Italian government, said it discovered oil in offshore Angola. It's estimated to hold between 170 million and 200 million barrels of light oil in place. The discovery came just after OPEC and other major producers agreed to cut oil production levels.
The 'Trump Trade' has finally evaporated entirely.The ratio between more growth-sensitive cyclical stocks (industrials) and their defensive counterparts (utilities) has all but erased its post-2016 election gains, leaving an uncertain future for the stock market. Legendary investor Paul Tudor
Perth, Australia, Dec 11, 2018 - (ABN Newswire) - Intermin Resources Limited (Intermin) (ASX:IRC.AX - News) intends to offer, by way of a Scheme of Arrangement, 1 Intermin share for every 1.8227 MacPhersons Resources Limited (MacPhersons) (ASX:MRP.AX - News) shares held, valuing MacPhersons at approximately
Nearly 170 years before the invention of Bitcoin, the journalist Charles Mackay noted the way whole communities could “fix their minds upon one object and go mad in its pursuit”. Millions of people, he wrote, “become simultaneously impressed with one delusion, and run after it, till their attention is
Commodity companies in cocoa, coffee, soy, and even oil have jumped into sustainability linked loans. Companies can reduce the interest rate on their debt if they meet green criteria, and will be punished financially if they don't. Sustainable finance has become more and more commonplace in the
Entrepreneur Sara Menker traded in her Wall Street gig to help solve the world's mounting food crisis. In the next decade, she warned, the world's food shortage could rival the financial crisis or dot-com crash in terms of its threat to government stability and economic safety. Menker's
Gold prices rose 1% Friday, and were on track to post their best week since March. A weaker-than-expected jobs report renewed expectations the Fed would embark on a slower rate path. Gold was headed for its best weekly gain in nine months on Friday after the jobs report showed hiring slowed in November
The Australian dollar got smoked for second consecutive session on Thursday. Geopolitics, plunging stock and commodity prices, a weaker Chinese yuan and increased volatility ensured a torrid day for the Aussie. Chinese financial markets will likely dictate sentiment in the first half of Friday'
Stocks erased 2018 gains Thursday. On Tuesday, Wall Street suffered its worst day since October. Watch the major US indexes trade in real time here.
OPEC must balance supply concerns with the whims of two of the world's largest producers. Oil prices plunged more than 4% prior to Thursday's meeting in Vienna. Gulf State Qatar announced it would leave the cartel in 2019 with OPEC keen to manage prices.
Canada arrested Huawei's CFO, and the US is seeking to extradite her. Meng Wanzhou, CFO of the Chinese technology company Huawei, was arrested on suspicion of violating the US's trade sanctions on Iran, adding a new chapter to the US-China trade war. Bonds are rallying.Buying has pushed the
Global stocks were plunging again Thursday after the arrest of the Chinese tech giant Huawei's CFO escalated an already fraught trade relationship between the US and China. US markets were closed Wednesday for the funeral of George H.W. Bush. Trading on US futures had to be stopped several times
HONG KONG, Dec 5, 2018 - (ACN Newswire) - The major overarching trend seen in the cryptocurrency industry recently is the movement of institutions as players entering this space. Bitcoin and other cryptocurrencies have become a new institutional investment asset, drawing an ever-expanding list of financial
Spending the holiday overseas can make the season particularly depressing for deployed troops. Care packages are a welcome surprise, and give them access to food, entertainment and toiletries that may be hard to come by on deployment. Here are some tips for what to send, how to send them, and organisations
Stocks plummeted Tuesday after optimism for a US-China trade deal faded and as Treasury yields fell. Global markets had rallied a day earlier. Wall Street fell sharply Tuesday after optimism for easing trade tensions between Washington and Beijing faded and as Treasury yields turned lower, stirring
A temporary trade truce has been agreed between the United States and China, and risk assets such as stocks, commodities and emerging market currencies are rallying. Many are now asking whether the move reflects a true breakthrough in trade negotiations, or simply short-covering in previously beaten
Christmas Eve traditions vary widely around the world. In Germany, it's tradition for people to eat potato salad and sausages on Christmas Eve. Everyone has their own ChristmasEve traditions, whether it's making cookies to leave out for Santa or having a feast that lasts until the early hours
Global markets rallied Monday, led by automakers and energy stocks. President Donald Trump and Chinese President Xi Jinping reached an agreement to put off plans to more than double the rate on a majority of tariffs against Beijing to 25% on January 1. Stocks soared Monday after the US and China reached
In a meeting at the G20 summit in Buenos Aires, Argentina, on Saturday, President Donald Trump agreed to postpone new economic tariffs on Chinese imports by 90 days and Chinese President Xi Jinping said China would buy a "not yet agreed upon" amount of US agriculture, energy, and industrial
Global stock markets ripped higher Monday after the US and China agreed to 90-day trade truce. All major Chinese indexes were higher by 2.5% or more, while European stocks were seeing similar gains. In the US, futures were pointing to 2% gains for all three major share indexes.
The Australian dollar has surged to the highest level since mid-August in early trade on Monday. A temporary trade truce struck between the United States and China last weekend is the catalyst behind the move, although many strategists are sceptical as to whether it will last beyond the short-term.