15 April

Sticky

Asian shares defensive, dollar struggles near one-month lows By Reuters

Posted by admin

in News

By Swati Pandey SYDNEY (Reuters) - Asian shares were on the backfoot on Thursday following mixed cues from Wall Street where a sharp sell-off in the largest bitcoin exchange Coinbase hit tech shares while the dollar index struggled near one-month lows. MSCI's broadest index of Asia-Pacific shares outside Japan paused after two straight days of gains. It was last at 690.53, a long way from a record high of 745.89 touched in February. Japan's Nikkei rose 0.2% while South Korea's KOSPI index was up a tad. Australia's benchmark index slipped 0.4% as miners were...

15 April

0 Comments

Sticky

Beijing’s top official in Hong Kong warns foreign powers not to interfere By Reuters

Posted by admin

in News

HONG KONG (Reuters) - Beijing's top representative in Hong Kong said on Thursday that any foreign powers that try to use the global financial centre as a pawn will face counter measures, amid escalating tensions between the city and Western governments. Luo Huining, the director at China's Hong Kong Liaison Office, was speaking at a ceremony to mark National Security Education Day. Beijing imposed a national security law on Hong Kong last June that Western governments have condemned as an effort to crush dissent in the former British colony. ...

15 April

0 Comments

Sticky

Bank of Korea Holds Rate as Recovery Faces Fresh Virus Surge By Bloomberg

Posted by admin

in News

(Bloomberg) -- The Bank of Korea stood pat on its record-low interest rate as it seeks to sustain the economy’s recovery momentum amid rising coronavirus cases. The South Korean bank kept its seven-day repurchase rate at 0.5% on Thursday, a decision predicted by all 20 analysts surveyed by Bloomberg. The country is on the verge of rising virus cases turning into a fresh wave, with the government warning of tighter curbs should infections continue to increase. While the economy’s outlook is still relatively bright, helped by exports and extra fiscal spending, a worsening outbreak and a...

15 April

0 Comments

Sticky

Canada shares lower at close of trade; S&P/TSX Composite down 0.07% By Investing.com

Posted by admin

in News

Investing.com – Canada equities were lower at the close on Wednesday, as losses in the IT, Healthcare and REITs sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite lost 0.07%. The biggest gainers of the session on the S&P/TSX Composite were MEG Energy Corp (TSX:MEG), which rose 9.16% or 0.57 points to trade at 6.79 at the close. Teck Resources Ltd B (TSX:TECKb) added 8.95% or 2.22 points to end at 27.03 and Whitecap Resources Inc . (TSX:WCP) was up 8.49% or 0.46 points to 5.88 in late trade. Biggest...

15 April

0 Comments

Sticky

Toy cars get eco makeover to inspire children By Reuters

Posted by admin

in News

LONDON (Reuters) - Matchbox is launching a new series of toy cars based on real-life electric and hybrid vehicles, in a bid to make its miniatures more sustainable and to raise awareness among children of the environmental impact of motoring. The first model off the production line is a scaled-down version of the Tesla Roadster, which will be joined by toys based on cars made by Nissan, Toyota and BMW. Electric charging stations will also go on sale this year. "We are unveiling a concept car, just like the real car industry does," said Nuria...

15 April

0 Comments

Sticky

Judge in Texas lawsuit against Google issues protective order By Reuters

Posted by admin

in News

WASHINGTON (Reuters) - The judge hearing the Texas antitrust lawsuit against Alphabet (NASDAQ:GOOGL) Inc's Google put limits on what the search giant's in-house lawyers can see in an order aimed at ensuring that confidential information used in an upcoming trial remains secure. The issue is a key one for companies that have not been identified but that gave information to the Texas attorney general's office for its investigation and fear that their confidential data, like strategic business plans or discussions about negotiations, could be disclosed to Google executives. The order issued by Judge Sean Jordan of...

15 April

0 Comments

Sticky

Chip Stocks, Big Banks, Airline Losses: 3 Things to Watch By Investing.com

Posted by admin

in News

By Liz Moyer Investing -- Earnings season got off with a bang on Wednesday, driven by better-than-expected results from three of the biggest U.S. banks. Stocks soared on the news but later gave back their gains. Bitcoin surged above $64,000 as Coinbase Global Inc (NASDAQ:COIN) made its public debut on Nasdaq. The tech and industrial sectors hit all-time highs. In the afternoon, the Federal Reserve released its Beige Book, a periodic report about local business conditions in its 12 member districts. Investors looked to it for inflation trends as the economy across the...

15 April

0 Comments

Sticky

Ford details new production cuts due to global chip shortage By Reuters

Posted by admin

in News

By Ben Klayman DETROIT (Reuters) -Ford Motor Co on Wednesday outlined another series of plant shutdowns due to the global semiconductor chip shortage, with five facilities in the United States and one in Turkey affected. The No. 2 U.S. automaker did not outline how many vehicles would be lost in the latest actions, and reiterated it intends to provide an update on the financial impact of the chip shortage with its quarterly earnings on April 28, suggesting the hit could be bigger than initially forecast. Ford said in March it expected the semiconductor...

15 April

0 Comments

Sticky

U.S. hearing on China competition told research funding falling behind By Reuters

Posted by admin

in News

By David Brunnstrom and Michael Martina WASHINGTON (Reuters) - U.S. investment in research and development has reached its lowest level decades while that in the rest of the world has soared, the head of a U.S. Senate committee warned at a hearing on proposed subsidies to the tech industry to help the United States better compete with China. Senate Commerce committee chair Maria Cantwell told the committee on Wednesday the proposed "Endless Frontier Act" had been the stimulus for a big debate about America's competitiveness. Federal investment in research and development is at its lowest...

15 April

0 Comments

Sticky

Asda plans to centralise its baking, seeks new roles for 1,200 staff By Reuters

Posted by admin

in News

LONDON (Reuters) - Britain's third-largest supermarket group Asda said on Wednesday it plans to centralise its bakery operations which currently employ around 1,200 people, mirroring a similar move by rival Tesco (LON:TSCO) last year. Asda said it planned to find new job roles for as many as possible of the workers affected by the change and that redundancies would be the last option. "We know these proposed changes will be unsettling for colleagues and our priority is to support them during this process," said Derek Lawlor, Asda's chief merchandising officer. Tesco said in...

Меню

Asian shares defensive, dollar struggles near one-month lows By Reuters

Beijing’s top official in Hong Kong warns foreign powers not to interfere By Reuters

Bank of Korea Holds Rate as Recovery Faces Fresh Virus Surge By Bloomberg

Canada shares lower at close of trade; S&P/TSX Composite down 0.07% By Investing.com

Toy cars get eco makeover to inspire children By Reuters

Judge in Texas lawsuit against Google issues protective order By Reuters

Chip Stocks, Big Banks, Airline Losses: 3 Things to Watch By Investing.com

Ford details new production cuts due to global chip shortage By Reuters

U.S. hearing on China competition told research funding falling behind By Reuters

Asda plans to centralise its baking, seeks new roles for 1,200 staff By Reuters

FINSPECTION MANAGEMENT LTD

FINSPECTION PLC LTD

FINACOM MANAGEMENT NV