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Markets will further slump, hedge fund manager warns

Dan Niles, Satori Fund manager warns that the U.S. Stock Exchanges aren’t even close to a bottom yet He based his predictions on progress of...

US shares grew due to pharmaceutical stocks

Pharmaceutical stocks helped Wall Street start the new trading week with growth Pharmaceutical industry sector rose in almost 5%. Johnson & Johnson shares rose the most,...

China is back on sport fields and Nike shares surge

As new coronavirus cases subside in Asia, China slowly re-opens its sport fields Return of the Chinese to sports affected sales growth of Nike sportswear. On...

Covid-19: Who wins the race for a vaccine?

There are several pharmaceutical companies, which already began to develop vaccine to SARS-CoV-2 virus, which causes Covid-19 disease Progress of shares growth of these companies...

Middle East shares plunged on Sunday

Persian Gulf Stock Market drop was about 5% Some banking titles fell in double. Saudi Aramco shares plunged, too. On Sunday, Middle East shares drop was...

ÖMV to become plastics manufacturer

ÖMV plans to deprive part of its assets to increase its shareholding in Borealis This company is a big Austrian plastic maker and one of...

India’s central bank took over Yes Bank, its shares fell

Shares on main Indian market dropped in more than 2% last week The decline was caused mainly by India's central bank, which took over Yes...

China’s shares strengthened as Fed cuts interest rates. Hong Kong shares...

The American Central bank decided to cut interest rates China’s Stock Exchange welcomed the step, yet the Shanghai Stock Exchange slightly dropped. China’s blue chips...

China returns to production, Asian shares rise

Around 80% of production capacities in China’s state-owned enterprises returned to production after forced prolonged time off due to coronavirus In reaction, China’s stock markets...

Middle East shares dropped during Sunday

Majority of stock markets around the Persian Gulf dropped during Sunday trading The market was weakened mainly by Saudi Aramco shares and bank titles. Saudi Arabia...

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