Tag Archives: Stock

Russian stock markets, ruble recover after Trump rejects further sanctions

The US president’s decision to delay extending further economic sanctions against Moscow has pushed Russian stocks and currency higher. The new penalties were aimed at punishing Russia for its support of the Syrian government. The RTS dollar-traded index had gained nearly three percent by 08:00 GMT on Tuesday, while the ruble-denominated MOEX climbed almost two percent, led by shares in ...

Read More »

Stock markets ‘right on the brink’ of 50% crash, financial expert warns

US stock markets are currently passing through the same peaks they faced 11 years ago, right before the massive sell-off that triggered the 2008 financial crisis, according to Phil Town, who sold his stocks before the crash. “I think we are right on the brink. The logic is pretty straightforward from a fundamental point of view, we are at a ...

Read More »

London Stock Exchange stops trade of Russian firm whose owner is on US sanctions list

The UK Financial Services Authority (FSA) has temporarily stopped trading of Russia’s EN+ Group on the London Stock Exchange. The firm manages assets of billionaire Oleg Deripaska, who was added to the US sanctions list last week. The message, published on the exchange website, does not say when the trading of EN+ depositary receipts would resume. Trade in London starts ...

Read More »

‘Biggest stock market bubble of all time’ ready to burst – strategist

Stock markets could see sharp falls before the end of the year because valuations have hit disproportionate levels, according to Paul Gambles, the managing director at Thailand-based advisory firm MBMG Group. He told CNBC that the massive market intervention in the wake of the 2008 financial crisis has led to a sharp increase in stock prices, taking them to “epic ...

Read More »

Tech stock selloff just getting started – market analyst

It’s another volatile week for technology stocks, which has sparked a broader selloff on Wall Street and pushed the market into correction territory. Some analysts say it is just the beginning of a longer downturn. “All these tech stocks in America or other parts of the world are a little bit like the British royal family,” David Marsh, managing director at ...

Read More »

Amazon stock plunges after Trump pledges to “go after” Bezos' online retail giant

Shares in the US e-commerce behemoth Amazon dropped by nearly five percent, wiping over $ 30 billion from its market value, after reports that President Donald Trump wants to curb the firm’s growing power. According to a report by the US news and information website Axios, Trump is planning to “go after” the world’s largest online retailer amid growing concerns ...

Read More »

Trade war would exacerbate biggest stock market crash in memory – Jim Rogers

A trade war would trigger the worst bear market on record, as any confrontation in the sector always becomes disastrous for stocks, according to investment guru and financial commentator Jim Rogers. “The next bear market is going to be the worst in my lifetime, just because of the debt, but if we also have a trade war, it’s going to ...

Read More »

Tesla will pay Elon Musk only if company stock does ‘extraordinarily well’

Elon Musk, the head of US electric vehicle producer Tesla, will only get paid if company stock shows strong performance, according to a plan approved by Tesla shareholders on Wednesday. Read more Shareholders agreed on a 10-year performance stock award “entirely contingent on achieving market cap and operational milestones that would make Tesla one of the most valuable companies in ...

Read More »

Trump admin moves to ban bump stock devices in wake of Florida school shooting

On Saturday the Trump administration took the first steps to ban ‘bump stocks’ by formally submitting legislation to ban the modification, which gives high-capacity rifles the ability to shoot as machine guns. The Department of Justice (DOJ) submitted a notice of regulation which, it said, will “clarify that the definition of “machinegun” in the National Firearms Act and Gun Control ...

Read More »

Florida Governor to raise age limit for buying gun and bans bump stock sales

Governor Rick Scott declared that he wants to raise the age limit for buying a firearm in Florida to 21. The announcement comes after last week’s mass shooting in a Parkland high school that killed 17 people. “We will require all individuals purchasing firearms to be 21 or older,” Scott said in a statement on Friday. “There will be exceptions ...

Read More »
Show Buttons
Hide Buttons
error: Content is protected !!