Chinese investors guessing on Donald Trump’s re-election sent shares of an air traffic control software company soaring on Wednesday. Shares of Wisesoft Co Ltd, whose Chinese name sounds like “Trump’s big win”, jumped as much as 9.8%. Early returns showed some signs of a conclusive Democratic victory in the U.S. polls. This has made the …
U.S.-China Ties to Deepen Regardless of Who Wins Elections Read More »
The Q3 gross domestic product data this week forecasts to confirm Indonesia’s entry into its first economic recession. It will be the country’s first economic recession since the 1998 Asian financial crisis. This was according to a poll on Tuesday. Authorities have predicted 3.5 million people in Southeast Asia’s largest economy could lose their jobs. …
European stock market pushed higher on Tuesday, lifted by some positive corporate news. Moreover, investors are looking for a more predictable U.S. political climate as the presidential election campaign comes to an end. The DAX in Germany traded 0.6% higher at 4:10 AM ET (0910 GMT). The CAC 40 in France gained 0.8%, while the …
EU Stocks Up Ahead of U.S. Election; Help from BNP Paribas Read More »
Wall Street will be closely observing a few dozen counties on Tuesday night. These include counties from the beach towns of Pinellas, Florida, to the suburbs of Bucks County, Pennsylvania. It will be watching for hints on who will win the U.S. presidential race. Investment companies are faced with the prospect of a chaotic election …
Investors Game Out U.S. Election Night | Trade Market News Read More »
Retail traders in Asia are cutting exposure to China before Tuesday’s U.S. election. This is lifting short bets on U.S. stocks and keeping cash on hand. This is according to brokerages, as even some of the most risk-tolerant investors turn wary. Novice traders, who took up trading during lockdowns, have led aggressive buying this year. …
Even Risk-hungry Retail Traders Pause for Tuesday Read More »
Very few companies reveal their prospective financial hit from climate change under a voluntary global disclosure code. A code that requires wider backing from asset managers and others to be fully effective, a global regulatory body said Thursday. Climate change can decrease the value of assets or subject companies to costs from flooding and other …
Few Companies Disclose Financial Hit from Climate Change Read More »
Exchanges and retail brokers have been under study, following the recent outages within their industries. They have spent months preparing for any post U.S. election trading volatility. Now their preparations will face the ultimate test. Glitches at Euronext (PA:ENX) impacted trading in several European countries earlier this month. The worst-ever outage for the world’s third-largest …
Exchanges Ramp; Retail Brokers on Post U.S. Election Volatility Read More »
Merchants across the United States are gobbling up insurance that protects buildings from damage caused by several factors. Among them are societal unrest and worries about possible street violence after the U.S. presidential election. Many small businesses are facing double-digit premium hikes for such policies but end up buying them anyway. Industry sources say that’s …
U.S. Businesses Splurge on Insurance | Trade Market News Read More »
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