8:00 - 19:00

Working hours MON. - FRI.

logo
mobile logo
 

News

27 May
0 Comments
Sticky

China’s industrial profits growth slows in April amid high commodity prices By Reuters

Posted by admin
in News

By Gabriel Crossley BEIJING (Reuters) - Earnings at China's industrial firms grew at a slower pace in April, with high commodity prices and weaker performance in the consumer goods sector limiting overall profitability from manufacturing. Profits at China's industrial firms rose 57% year-on-year in April to 768.63 billion yuan ($120.22 billion), down from 92.3% in March, data from the National Bureau of Statistics (NBS) showed on Thursday. For the January-April period, industrial firms' profits grew 106% from the same period a year earlier to 2.59 trillion yuan, bolstered by a virus-related plunge in activity early last...

Continue reading
27 May
0 Comments
Sticky

Exclusive: Hong Kong security chief threatens tycoon Lai’s bankers with jail if they deal in his accounts By Reuters

Posted by admin
in News

By Greg Torode, James Pomfret and Sumeet Chatterjee HONG KONG (Reuters) - Hong Kong's security chief sent letters to media tycoon Jimmy Lai and branches of HSBC and Citibank this month threatening up to seven years' jail for any dealings with the billionaire's accounts in the city, according to documents seen by Reuters. The letters, signed by Secretary for Security John Lee, were sent to Lai after the Hong Kong authorities announced the freezing of his majority stake in publisher Next Digital and local accounts of three companies owned by him under a sweeping new national...

Continue reading
27 May
0 Comments
Sticky

Credit Suisse details Swiss watchdog action after Archegos blow up By Reuters

Posted by admin
in News

ZURICH (Reuters) - Credit Suisse (SIX:CSGN) detailed on Thursday the additional capital buffer imposed by Swiss market watchdog FINMA in relation to the Swiss bank's exposure to collapsed U.S. investment fund Archegos. "FINMA imposed a temporary add-on of CHF 5.8 billion (USD 6.1 billion) to the Group's credit risk RWA (risk-weighted assets) in relation to its exposure in the US-based hedge fund matter, which was included in movements in risk levels," it said in a first-quarter regulatory filing. ...

Continue reading
27 May
0 Comments
Sticky

SoftBank shifts to foreign banks as borrowing soars By Reuters

Posted by admin
in News

By Sam Nussey and Takashi Umekawa TOKYO (Reuters) -SoftBank Group Corp's bank borrowing climbed by 42% in the year to March-end with the increase shouldered by foreign lenders, company filings showed on Thursday. Borrowing from the conglomerate's principal lenders rose to 4.98 trillion yen ($46 billion) in the last business year, with main bank Mizuho Financial Group Inc the only Japanese lender remaining in the top three backers. Goldman Sachs Group Inc (NYSE:GS) and JPMorgan Chase & Co (NYSE:JPM) are among SoftBank's biggest lenders, the filings showed, with the borrowing coming as the...

Continue reading
27 May
0 Comments
Sticky

Soccer: Foden ready to light up Euro 2020 By Reuters

Posted by admin
in News

By Martyn Herman LONDON (Reuters) - The biggest compliment that could be paid to Phil Foden is that he has stepped into the boots of Spanish wizard David Silva at Manchester City and assumed the role of Pep Guardiola's creative spark with apparent ease. For a player who does not even turn 21 until the end of the month that is some achievement, given the mercurial Silva's standing at City and across the world. Foden, tipped for greatness from the moment he helped England win the Under-17 World Cup in 2017, has become an integral part...

Continue reading
27 May
0 Comments
Sticky

China vice premier holds talks with U.S. trade chief By Reuters

Posted by admin
in News

BEIJING (Reuters) - China and the United States agreed that the development of bilateral trade is very important, China's commerce ministry said, adding that both sides exchanged views on issues of mutual concern. The ministry said in a statement on its website that Vice Premier Liu He spoke with U.S. Trade Representative Katherine Tai on Thursday, and described the talks as candid, pragmatic and constructive. ...

Continue reading
27 May
0 Comments
Sticky

U.S. trade chief Tai says U.S. faces ‘very large challenges’ on China By Reuters

Posted by admin
in News

By David Lawder and Andrea Shalal WASHINGTON/BEIJING (Reuters) -U.S. Trade Representative Katherine Tai said on Wednesday that the United States still faces "very large challenges" in its trade and economic relationship with China that require the Biden administration's attention across the board. Tai spoke with Reuters in an interview before her first virtual call with Chinese Vice Premier Liu He, a meeting where she raised "issues of concern," according to her office. "During their candid exchange, Ambassador Tai discussed the guiding principles of the Biden-Harris administration’s worker-centered trade policy and her ongoing review of the U.S.-China...

Continue reading
27 May
0 Comments
Sticky

Shares of jailed tycoon Jimmy Lai’s Next Digital set to open up 142% on trade resumption By Reuters

Posted by admin
in News

HONG KONG (Reuters) - Shares of tycoon Jimmy Lai's Next Digital Ltd were set to surge 142% on resumption of trade on Thursday, a week after authorities froze assets of its jailed owner under a sweeping national security law imposed on the financial hub by Beijing. Next Digital, which had a market value of HK$490 million based on its last trading price of HK$0.186 before a suspension, was set to open at HK$0.45. It was quoted up as much as 3,125% in pre-trade. ...

Continue reading
27 May
0 Comments
Sticky

World stocks to rise modestly, correction unlikely – Reuters poll By Reuters

Posted by admin
in News

By Rahul Karunakar BENGALURU (Reuters) - World stocks will continue to rise this year on robust economic and earnings recoveries but any quickening of inflation would temper that enthusiasm, according to Reuters polls of analysts, a majority of whom said a near-term correction was unlikely. Around this time last year, global equity markets were haemorrhaging from the pandemic-driven economic damage but that was followed by a huge upswing, boosted by unprecedented stimulus and the recovery at hand. While stocks have continued to rise significantly this year, the news flow on inflation has whipsawed financial markets -...

Continue reading
27 May
0 Comments
Sticky

Dollar firms as traders brace for U.S. inflation gauge By Reuters

Posted by admin
in News

By Tom Westbrook SINGAPORE (Reuters) - The dollar found support on Thursday from emerging views the Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, and as traders await crucial U.S. inflation data this week. In a market heavily short dollars, the mere suggestion of tapering is enough to temper further selling and against the euro and the yen the dollar held late Wednesday gains early in the Thursday Asia session. The euro traded at $1.2185 and the yen at a one-week low of 109.20 per dollar. Sterling also dipped to...

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