Charles Li Xiaojia, Chief Executive of Hong Kong Exchanges and Clearing Limited (HKEx) attends OSC's Money Talk Charity breakfast in Central. 15DEC15 (Photo by Paul Yeung/South China Morning Post via Getty Images)South China Morning Post | Getty ImagesHong Kong Exchange and Clearing (HKEX) was "late" to making a takeover offer for the London Stock Exchange Group(LSE), HKEX's CEO admitted on Tuesday."I regret to say that we were late," HKEX boss Charles Li told an audience in London. "We had wanted ...
European markets are set to open higher on Tuesday as traders monitor the latest U.S.-China trade developments.European Markets: FTSE, GDAXI, FCHI, IBEXBritain's FTSE 100 is seen rising 26 points to 7,353, Germany's DAX up 31 points at 12,376 and France's CAC up 14 points at 5,647, according to IG index data.Traders were largely focused on news around the U.S.-China trade spat. Treasury Secretary Steven Mnuchin said on Monday that talks between Washington and Beijing would resume in two weeks.The U.S. ...
People exit the New York Stock Exchange building along Wall Street in New York City.Stephanie Keith | Getty ImagesCheck out the companies making headlines after the bell:VEREIT shares tanked nearly 12% before settling 2.3% under its closing price after the real estate investment company announced it will offer 71 million shares of common stock in a new round of public funding, with the option to purchase up to 10.65 million more shares. VEREIT says it intends to use the proceeds ...
Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in Brooklyn, New York, Oct. 16, 2018.Alex Flynn | Bloomberg | Getty ImagesBanks that have lost ground as Quicken Loans became the biggest U.S. mortgage lender can now fight back with help from a Silicon Valley start-up.Blend, a fintech firm that processes more than $2 billion in loans daily for banks, has simplified the once-paper-heavy process of getting vetted for a mortgage into ...
For years, SoftBank CEO Masayoshi Son has been WeWork CEO Adam Neumann's biggest champion, praising his drive to expand and eccentric personality."Masa turns to me and asks, 'In a fight, who wins — the smart guy or the crazy guy?'" Neumann said in an interview with Forbes in 2017. "I say, 'Crazy guy,' and he looks at me and says, 'You are correct, but you and [co-founder] Miguel [McKelvey] are not crazy enough.'"Son, who has invested billions of dollars in ...
U.S. factory workerThomas Barwick | Stone | Getty ImagesThe U.S. manufacturing sector recovered in September with activity growth hitting a five-month high, according to IHS Markit.The initial reading of U.S. manufacturing Purchasing Managers' Index for September reached 51.0, the highest figure since April and up from 50.3 in August. Readings above 50 show an expansion.Conditions can change between now and the final reading from Markit for September, which will be out Oct. 1.Stronger new order growth and rates of output ...
Stocks have been grinding sideways, but once they breakout, the move to the upside could be powerful, technical analysts say.The S&P 500 has been edging closer to 3,028, its high from July 26, but it has backed off a number of times, creating a jagged seesaw pattern on August's chart. On Monday, the S&P was slightly higher but still trading below the psychological 3,000 level."The intermediate and long term gauges that we track have relatively new buy signals. They are ...
The Netflix logo is seen on a mobile phone.Jaap Arriens | NurPhoto | Getty ImagesWhat a difference the past two months made for Netflix.It was just early July when the streaming video giant's stock was flirting with new record highs. Now after an unexpected loss of subscribers and increased competition in the streaming war, shares of Netflix erased all of its 46% gain for the year at its peak and officially entered negative territory on Monday.Netflix has been haunted by ...
President Donald Trump's blistering and persistent attacks on the Fed are influencing how markets see interest rates and threatening the central bank's independence, according to a new paper from the National Bureau of Economic Research.The conclusion came from looking at the the shift in Fed funds futures contracts over short and longer terms and their reaction to Trump tweets criticizing the central bank. The funds market is where traders bet on where the Fed's benchmark overnight lending rate will land. ...
Benefits Of Reading Financial News On A Daily Basis
Nowadays, one of the most outstanding features of an individual is an ability to constantly learn new skills via the Internet. Thus, be reading financial news one may become much more proficient in all economic aspects of life and respective decision-making. By reading business news, one can easily understand the general context of the country’s economic development. And these are only some of the benefits of always reading today’s financial news.
Generally speaking, finance news equips us for so much more than simply stock market decisions. Even if you are not an investor or employee of the big 4, there is a lot to learn from these for daily decision making. From buying a house or taking a car loan, the latest financial news are always there to help you make the most rational decisions considering significant financial investments these could entice. This is not to mention if you are an investor and cannot live without stock market news today updates.
Becoming A Rational Decision-maker With Free Financial News
It is a well-known fact that people are intrinsically irrational creatures. It is a common practice to buy something in a hot-headed state and then regret it. The simplest example would be the merchandising trick of all groceries stores putting some sweets and gums right near the cashier’s desk.
Whether you need it or not, you are more likely to buy it. Well, gum is nothing as compared to real estate investment. The latter decisions have to be backed with certain knowledge which can be acquired through the following categories of updates:
stock market news: especially for those who want to create passive income in future, stock news todayare crucial to keeping abreast of. They help one decide where and how much to invest. It also allows to better understand the status quo at the market;
international developments: for private persons with interests abroad, this section would be of crucial importance. Let us say, that somewhere in the world property prices are decreasing and you do not know about it. Such a situation will never take place in case of regular reading;
banking regulations: for those who need to take out a loan or deposit money with the bank, knowing what is going on in the banking industry is a must.
Even though some editions and newspapers are not completely trustworthy, the news is still of extreme importance to any person living in the times where money play such a significant role.
