global

Bitcoin Futures Start, Markets Firm

Bitcoin Futures Start, Markets Firm

Maiden trading of bitcoins started on December 10. This resulted in a steep rise in the digital currency price. Heavy traffic caused an outage on the website of the exchange provider. The contract in bitcoins with a January expiry date opened at $15..

Samsung Shares Fall

Samsung Shares Fall

On Monday, Samsung announced shares dropping more than 4% which marked a one-month low after Morgan Stanley cut their recommendation on the tech giant due to concerns over increasing sales in memory chips that is likely to rise soon. The company rep..

China Expands Foreign Access to Finance Market

China Expands Foreign Access to Finance Market

China will increase foreign ownership limits in financial firms as the country tries to become a multi-trillion dollar financial services market. Chinese President Xi Jinping has been pushing for economic reforms by opening up capital markets, inter..

Chinese Financial Industry on Thin Ice

Chinese Financial Industry on Thin Ice

In a direct contrast to its economic nationalism and rising protectionism, the Chinese have opened its financial companies to an increased foreign ownership. According to Zhu Guangyo, the Vice Finance Minister, foreign investors can now take a contr..

Shell Beats Third Quarter Estimates

Shell Beats Third Quarter Estimates

Shell Global (NYSE: RDS.A) reported almost a 50% rise in quarterly profits that was mostly driven by strong refining while also adapting well to low oil prices. Cash generation has been boosted in recent quarters as costs have been cut and asse..

The One Thing that Could Interfere with Stock Market Performance

The One Thing that Could Interfere with Stock Market Performance

It seems like the American stock market is almost unshakable. There is absolutely nothing that can disturb its record level performance. The S&P 500 Index closed at 2,575.21 for the forty-ninth time in 2017 and has to its credit 350 days of trad..

European Shares Strengthen, Thanks to Political Developments

European Shares Strengthen, Thanks to Political Developments

Markets in Europe have opened to a positive news with the investors 'seemingly' more confident about the future. The reason behind the shares strengthening early in the week is that some favorable developments have been happening in the UK, ..