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Nasdaq plans to tighten its initial public offering (IPO) rules, a move that will make it harder for some Chinese companies to float on its stock exchange, according to reports. The measure is driven by concerns over lack of accounting transparency among recently listed Chinese firm in the US and represents another flashpoint between the…
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Scandal-hit Luckin Coffee has had its offices raided by Chinese regulators, as the coffee chain faces a $310m accounting probe. China’s State Administration for Market Regulation swooped on the chain’s headquarters on Tuesday, based in Xiamen, southeast China, after the business admitted earlier this month that it had uncovered $310m (£250m) in fake transactions. The…
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China has lowered its benchmark lending rates for the second time this year. The move comes a few days after it reported a 6.8% fall in its first-quarter gross domestic product (or GDP), the first time its economy shrank at the start of the year for the first time in more than 40 years. China’s…
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How to buy Citigroup stock in 2020:
Want to add Citi Stock to your portfolio? We tell you how to make the purchase via Toro, two other online brokers where you can buy the stock and why now is the best time t make your move…
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How to buy Cisco stocks online in 2020:
Looking to add Cisco stocks to your portfolio? We provide you with a step-by-step guide on how to buy Cisco stock on eToro, and reasons why we believe Cisco may be a great addition to your stock portfolio.
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How to buy Apple stock in 2020:
Looking to add Apple stocks to your portfolio? We tell you of three best online brokerages dealing in Apple stocks and provide you with a step-by-step guide on how to buy stocks on eToro
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Ford (NYSE: F) stock has been crushed by concerns over slowing economic growth and supply chain problems due to shutdowns all over the world caused by the coronavirus outbreak. The massive drop in demand is adding to panic selling; RBC Capital Market report suggests a 16% decline in global auto production and a 20% fall…
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As an everyday investor, you will have access to a small number of bond types that you can purchase online with ease. This mainly centers on government bonds like US Treasuries and UK Gilts, as well as a selection of corporate bonds. With that said, in comparison to the institutional space, you will be extremely…
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US households expect their spending power to rise at a slower rate over the next 12 months, as consumers prepare for what some economists say will be “a sluggish year”. Overall, the median forecast was for household spending to grow by 2.3 per cent over the next year as of December, down from the 2.8…
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United States Automaker, Tesla, has rolled out its Model 3 electric cars just a year after setting up the car’s manufacturing plant. The $2 billion manufacturing plant, was established in Shanghai, China, a year ago. This is going down as a record in the industry to deliver just under a year of establishing a manufacturing…
