8:00 - 19:00

Working hours MON. - FRI.

logo
mobile logo
29 July
0 Comments
Sticky

Powell presses pause on dollar’s rally; sterling surging By Reuters

Posted by admin
in News

By Tom Westbrook SINGAPORE (Reuters) - The dollar hovered around a two-week low on Thursday, weighed down by the latest insistence from Federal Reserve chairman Jerome Powell that rate increases aren't on the radar, while sterling has been riding higher with re-opening optimism. Overnight, the Fed first sounded confident about the economy in its statement. Then Powell was more circumspect and said in his news conference that rate increases were "a ways away" and that the job market still had "some ground to cover". The greenback initially rose following the statement, before retreating to a two-week...

Continue reading
29 July
0 Comments
Sticky

Biden nominates Huawei prosecutor for key China export post By Reuters

Posted by admin
in News

By Karen Freifeld WASHINGTON (Reuters) -U.S. prosecutor Thea Kendler, an attorney on the criminal case against China's Huawei and its Chief Financial Officer Meng Wanzhou, will be nominated for a Commerce Department post vital to controlling exports to China, the White House said on Wednesday. Kendler, an attorney in the Justice Department's national security division, will be nominated as assistant secretary for export administration at the Commerce Department. The nomination requires confirmation by the Senate.  Kendler is expected to work under Alan Estevez, a former Pentagon official, who was nominated on July 13 to be...

Continue reading
29 July
0 Comments
Sticky

Lloyd’s of London plans electric vehicle, hydrogen insurance in climate change fight By Reuters

Posted by admin
in News

LONDON (Reuters) - Lloyd's of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight climate change, the specialist insurance market said on Thursday. Lloyd's published a climate action road map to speed the move to a net zero world through its leadership of an insurance task force launched last month with Britain's Prince Charles' Sustainable Markets Initiative (SMI). "There is an ever-more pressing need for a coordinated global effort across industries to effect the monumental transformation needed to address the climate challenge," Bruce Carnegie-Brown, chair of Lloyd's...

Continue reading
29 July
0 Comments
Sticky

Samsung Elec says demand for chips to remain strong after Q2 profit rises By Reuters

Posted by admin
in News

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd said on Thursday it expects favourable market conditions for its component business in the second half of the year, after announcing its highest quarterly operating profit since 2018. The world's top maker of memory chips and smartphones posted a 54% jump in operating profit in the April-June quarter to 12.6 trillion won ($10.95 billion), from 8.1 trillion won a year earlier. Samsung (LON:0593xq) said the result was buoyed by strong memory-chip prices and higher-than-expected demand from consumer electronics makers and data centre...

Continue reading
29 July
0 Comments
Sticky

Facebook warns growth to slow significantly, mandates vaccine for U.S. staff By Reuters

Posted by admin
in News

By Elizabeth Culliford and Nivedita Balu (Reuters) -Facebook Inc said on Wednesday it expects revenue growth in the third and fourth quarters to "decelerate significantly," sending the social media giant's shares down about 5% in extended trading. The warning overshadowed the company's beat on Wall Street estimates for quarterly revenue, bolstered by increased advertising spending as businesses build their digital presence to cater to consumers spending more time and money online. Facebook (NASDAQ:FB) said it expects Apple (NASDAQ:AAPL)'s recent update to its iOS operating system to impact its ability to target ads and therefore ad revenue...

Continue reading
29 July
0 Comments
Sticky

Qualcomm forecasts sales above Wall Street as supply bottlenecks ease By Reuters

Posted by admin
in News

By Stephen Nellis (Reuters) -Qualcomm Inc on Wednesday forecasted fiscal fourth quarter revenue higher than Wall Street expectations thanks to sales of 5G phones, including Apple Inc's iPhones, and a growing portfolio of other chips. The San Diego, California-based company is the biggest supplier of mobile phone chips in the world and the leader in 5G technology, supplying modem chips that help iPhones connect to wireless data networks and the modems and central processors for much of the Android market. Shares were up 3.1% to $146.86 in after-market trading following the results, which could alleviate some...

Continue reading
29 July
0 Comments
Sticky

Ford raises 2020 profit outlook after beating estimates By Reuters

Posted by admin
in News

By Ben Klayman and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Wednesday boosted its 2021 profit forecast after reporting better-than-expected quarterly results, lifting the No. 2 U.S. automaker's shares more than 3%. While an ongoing global chip shortage cost Ford market share in North America, Europe and China, higher prices on more profitable models such as large pickups and SUVs helped increase revenue and operating profit in North America, its largest market. Ford is "poised for a big comeback in the near future once it starts to replenish its chip supply for the F-series and...

Continue reading
28 July
0 Comments
Sticky

United Air Adds Preflight Snacks-Order Option in Economy Cabins By Bloomberg

Posted by admin
in News

(Bloomberg) -- United Airlines Holdings (NASDAQ:UAL) Inc. will let passengers sitting in its economy cabins order snacks, meals and drinks before longer flights, a change that could better align galley provisioning with customer demand and help the carrier convey a more premium travel experience. Pre-ordering one’s meal selections was a common amenity in first-class air travel on numerous global airlines before the pandemic. United will become the only U.S. airline to offer food and beverage pre-ordering in the economy cabin, the company said Wednesday in a statement. United will begin testing the service Thursday on flights...

Continue reading
28 July
0 Comments
Sticky

Amazon, Comcast, More Earnings: 3 Things to Watch By Investing.com

Posted by admin
in News

By Dhirendra Tripathi Investing.com -- Stocks treaded water on Wednesday as the Federal Reserve kept interest rates steady and said it would keep a close eye on progress toward the point where it would begin reducing its monthly bond purchases. With interest rates remaining around 0% to 0.25% for now, tech stocks have more reason to climb. The Nasdaq moved higher late afternoon on Wednesday, while the S&P 500 and the Dow Jones Industrial Average were flat to down with under an hour of trading left in the session. Fed policymakers have been under pressure to...

Continue reading
28 July
0 Comments
Sticky

UK wants world vaccinated by middle of 2022, Raab says By Reuters

Posted by admin
in News

OXFORD, England (Reuters) - British Foreign Secretary Dominic Raab warned that the world would not be vaccinated until 2024 under current rates and urged other countries to join Britain in donating shots to poorer nations to bring that date forward to the middle of next year. Raab told Reuters he hoped other countries would step up to the plate after Britain started distributing the first tranche of the 100 million shots it plans to give away. "We know on the current trajectory the world will only be adequately vaccinated at 2024, at the...

Continue reading


 

The financial commission services are absolutely free for traders.

FINSPECTION MANAGEMENT LTD

Registered Address: 3rd floor office, 209 Regent Street, London W1B 3HH

FINSPECTION PLC LTD

Suite A 19/F Two Chinachem Plaza 68 Connaught Road, Central, Hong Kong

FINACOM MANAGEMENT NV

Rue Borrens 51, 1050 Ixelles, Belgique

The Finspection logo is a trademark of Finspection Management Ltd. Finspection.org © 2020
en_GBEnglish
ru_RURussian en_GBEnglish