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Shares of the biggest US-listed Chinese companies including Alibaba (NYSE: BABA) and Baidu (NASDAQ: BIDU) came under pressure after the US Senate on Wednesday overwhelmingly passed a bill that requires companies listed on US stock exchange to certify that they are not run or controlled by a foreign government. The bill, introduced by Louisiana Republican…
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Economic uncertainty and weak market conditions are fuelling a rising interest in long-short exchange-traded funds (ETFs). Buyers are looking towards long-short ETF funds to hedge their bets and gain the exposure they may not get in a traditionally structured portfolio. After a number of companies announced worse-than-expected first-quarter earnings, investors are looking for viable alternatives…
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In the coming years, most countries around the world will begin to switch from 4G to 5G cellular networks, ushering in a new wave of innovation and digitalisation. 5G will bring about speeds approaching several gigabits per second (about 50x faster than 4G), better reliability, and will enable a more connected and intelligent world. The…
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The recent coronavirus outbreak has strained financial markets – and has done so in a way that only a handful of major events in the last century can claim to have done. Yet amid increased market volatility, a few companies seem to have been faring even better than before, and for good reason. The pandemic…
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The global military spending hit a record high in 2019 with the United States and China emerging as the big spenders. Data investigated by Learnbonds.com shows that by the end of last year, the global military spending stood at $1.92 trillion, a growth of 68.7% from 2001’s $1.14 trillion. The spending has been rising significantly…
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Walmart (WMT) will release first-quarter results on Tuesday with the market eager to discover how far anxious shoppers hoarding food, and non-essential shops shuttered during coronavirus lockdowns, has boosted the retailer’s bottom line. The world’s largest retailer is expected to post earnings per share of $1.13 on revenue of $131bn for the first three months…
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Goldman Sachs forecasts the S&P 500 may fall to 2,400 over the next 12 weeks, citing six reasons for the decline that investors might overlook. The US investment bank chief of US equity strategy David Kostin (pictured) pointed out that the S&P 500 was approaching the 3,000-point milestone the firm had forecast for the index…
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French luxury house Chanel said it will increase in the prices on its handbags and some small leather goods worldwide on Wednesday to offset a rise in the cost of raw materials amid the coronavirus pandemic. Chanel said the price increases in euros ranged between 5% and 17%, in an emailed statement on Wednesday reported…
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China is likely to fall far short from the near $200bn worth of goods it has pledged to buy from the US as part of the ‘phase one’ trade deal the two countries agreed, according to a US think tank. Exports from the US to China during 2020 may end up the year at roughly…
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Saxo Bank is a Denmark based investment bank that offers online trading services to both retail and institutional investors. Across more than 40,000 tradable instruments, the platform covers everything from traditional share dealing services, to CFDs, forex, futures, ETFs, and mutual funds. Thinking about using Saxo Bank for your online trading needs? In this article,…
