Benjamin Chadwick

Benjamin Chadwick graduated from NYU Stern, has been an Associate Professor of Finance at the Kenna Flegler Business School for ten years before switching to a private financial consultancy and correspondent journalism from the Asian stock market. He is focused on the microstructure of securities markets, while he pays special attention to microcap issues.

Confederation of British Industry

UK Employers Ask to Cut Tax on Electric Cars

The Confederation of British Industry said the value-added tax on electric cars should be cut from the standard 20% rate. Additionally, the cost of using public chargers.  If businesses improve their buildings’ energy efficiency, they should also not face a higher property tax bill. Making their buildings more energy efficient would normally increase their value …

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U.S. Stock

U.S. Stocks Mixed at NYSE; Dow Jones Industrial Avg up 1.46%

The best performers of the NYSE session on the Dow Jones Industrial Average were Boeing Co. They rose 6.39% or 14.73 points to trade at 245.34 at the close.  Moreover, Walgreens Boots Alliance Inc edged up 4.25% or 2.06 points to end at 50.52. Goldman Sachs Group Inc climbed 3.46% or 11.43 points to 342.02 …

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Australia stocks

Australia to Offer Subsidized Flights to Support Tourism

Tourism, one of Australia’s biggest industries, is worth more than A$60 billion. It employs about 5% of the country’s workforce. However, the sector was crippled when the nation shut its international borders last year. As travel restrictions were imposed to curtail the spread of COVID-19, tens of thousands of Australians were left on the country’s …

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Asian Stock

Asian Stocks Mostly Up, but With Caution on Chinese Markets

China continued to focus after shares slumped on Tuesday, as state efforts to curb losses failed. Moreover, the benchmark Shanghai Composite index stands on the brink of a correction. Investors also ponder on the prospect of tighter policy and slowing economic recovery. On Wednesday morning, Asia Pacific stocks were mostly up, continuing gains from the …

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Sydney Stock

Australia and Japan stocks go up; Nasdaq is in a correction

On the Sydney Stock Exchange, falling stocks exceeded advancing ones by 705 to 630, and 326 ended unchanged.  On Tuesday, Australia stocks were higher after the close, with gains in the Utilities, Industrials, and Healthcare sectors’ leading shares. The session’s best performers on the S&P/ASX 200 were Vocus Group Ltd. They rose 8.60% or 0.43 …

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S&P/ASX 200

AU’s S&P/ASX 200 up 0.43%; Japan’s Nikkei 225 down 0.42%

The S&P/ASX 200 gained 0.43% at the close in Sydney, with Treasury Wine Estates Ltd as the best performers of the session. On Monday, Australia stocks were higher after the close, with gains in the gold, metals & mining, and materials sectors’ leading shares. At the close, the Treasury Wine Estates Ltd rose 6.40% or …

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Asian share

Asian Shares; Dollar Goes Up Over the U.S. Stimulus, Meanwhile Bonds Go Down

In Asia, the news was upbeat, as China’s exports surged 155% in February compared with a year earlier. Much of the economy was shut down to fight the pandemic last year. On Monday, Asian shares rallied while the dollar held near three-month highs. This came after the U.S. Senate passage of a $1.9 trillion stimulus …

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