RIL, HDFC Bank send Sensex 300 points down; check what’s dragging markets today

Among top Sensex losers, Axis Bank was followed by IndusInd Bank, HDFC Bank, Kotak Mahindra Bank, Tata Steel and HDFC, down in the range of 2-3 per cent.

Sensex drops over 300 pts in early trade; Nifty tests 9,400 level

Equity benchmark Sensex tumbled over 300 points in early trade on Friday dragged by losses in HDFC Bank, Infosys, TCS and Reliance Industries amid weak cues from global markets. After touching a low

Rupee settles 14 paise higher at 75.62 against US dollar

The rupee appreciated 14 paise to provisionally close at 75.62 against the US dollar on Friday as foreign fund inflows and weak American currency boosted investor confidence. Forex traders said invest

Market LIVE: Sensex ends 600 pts up from day’s low, Nifty settles at 9,568; HDFC, ITC among top contributors

Share Market News Today | Sensex, Nifty, Share Prices LIVE: BSE Sensex and Nifty 50 turned positive in the late afternoon deals on Friday. Nifty 50 index reclaimed 9,500-mark to trade at 9,521

Markets Weaken On Opening Session As Sensex Slips 247.86 Points, Nifty At 9438 Points

The stock market was pulled down as Infosys and Axis Bank slipped 2 per cent each respectively, while Vodafone Idea soared 10 per cent on news that Google is interested in buying a 5 per cent stake in the company.

Rupee appreciates 14 paise to close at 75.62; forex traders say investors await Q4 GDP data

The rupee appreciated 14 paise to provisionally close at 75.62 against the US dollar on Friday as foreign fund inflows and weak American currency boosted investor confidence

Sensex rises 224 points, Nifty ends above 9,500-mark lead by pharma, FMCG stocks

The S&P BSE Sensex rose 223.51 points (0.69 per cent) to settle at 32,424.10, while the Nifty 50 ended at 9,580.30, up 90.20 points (0.95 per cent).

Share Market Update: Sensex ends 233 points higher, Nifty at 9,580; Wipro, BPCL, ONGC, Indian Oil top gainers

Stock Market LIVE Updates:

Equity market records N29bn loss

Johnson Okafor Trading activities on the floor of the Nigerian Stock Exchange fell by 0.22 per cent on Thursday to halt its gaining streak as market speculators began profit-taking. Consequently,...

Rupee settles 14 paise higher at 75.62 against US dollar

The rupee appreciated 14 paise to provisionally close at 75.62 against the US dollar on Friday as foreign fund inflows and weak American currency boosted investor confidence.

Sensex, Nifty fall ahead of GDP numbers; Vodafone Idea jumps 14%

At around 9:30 am, BSE Sensex was trading 259.77 points lower at 31,940.82, while NSE Nifty was down 0.72 per cent at 9,422. By 9:35 am, Sensex was down over 320 points and Nifty was struggling to stay above 9,400. 

Rupee rises 11 paise to 75.65 against US dollar in early trade

The rupee opened at 75.71 at the interbank forex market and then gained further to 75.65, up 11 paise over its last close.

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a gap down opening for the index in India with a 101 points loss.

Sensex drops over 300 pts in early trade; Nifty tests 9,400 level   

Equity benchmark Sensex tumbled over 300 points in early trade on Friday dragged by losses in HDFC Bank, Infosys, TCS and Reliance Industries

Indian rupee settles 14 paise higher at 75.62 against US dollar

Forex traders said investors are awaiting the country's gross domestic product data for the January-March quarter, due later in the day, for further cues.

Sensex surges 224 pts; Nifty tops 9,550-mark

Extending its rising streak to the third session, equity benchmark Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets.

Vodafone Idea shares up by 30% amid reports of Google investment

Vodafone-Idea share price jumps 15%, Google mulls 5% stake buy in cash-strapped telco

Struggling telecommunications firm Vodafone-Idea saw its share price jump 15% in the initial few minutes of trade on Friday as investors reacted to the news of internet giant Google considering a 5% equity stake buy in the company.

Google considering taking stake in Vodafone Idea: Report

A deal with Google could be a lifeline for Vodafone Idea, which owes as much as Rs 54,000 crore in adjusted gross revenue dues to the government.

Google's interest positive but may not help solve Voda Idea's debt woes

Acquisition of a controlling stake by an outsider or a sizable equity infusion by current promoters remains the need of the hour, Credit Suisse said in its latest note

Voda Idea jumps 35% on reports Google eyeing 5% stake in telco

For a 5 per cent stake, Google will have to shell out $110 million.

Vodafone Idea surges 35% on report Google eyeing 5% stake, trims gain later

The stock has been more-than-doubled from Rs 3.04 on April 1, as compared to a 13.4 per cent rise in the S&P BSE Sensex during the same period.

Google may pick 5% stake in Vodafone Idea

Google is considering acquiring a stake in Vodafone Group Plc’s struggling Indian business, the Financial Times reported, joining Facebook in investing in the world’s fastest-growing mobile arena. Google may take a stake of about 5% in Vodafone Idea, though the deliberations are at a very early stage, the FT cited people familiar with the matter as saying.

Google could pick up stake in Vodafone Idea

A report in the Financial Times says Alphabet, Google’s parent company, is looking to buy 5 per cent stake in Vodafone's India business.

Vodafone Idea share price zooms 35% on report Google eyeing stake in telco

Share price of Vodafone Idea gained 35% to Rs 7.85 compared to the previous close of Rs 5.82 on BSE

Mubadala Investment Company eyes stake in Jio Platforms: Source

Abu Dhabi-based sovereign investor Mubadala Investment Company is in discussions to invest in Reliance Industries' digital unit Jio Platforms, a source said.

Google mulling stake in VIL positive but inadequate to solve telcos' debt woes: Analysts

Acquisition of a controlling stake by an outsider or a sizable equity infusion by current promoters remains the need of the hour, Credit Suisse said in its latest note.

Vodafone Idea share price dips 20% from day's high after co clarifies on stake sale

Any such investment will provide a breather for Vodafone Idea which has been reeling under increasing financial stress.

White House punts economic update as US election draws near

While the economic forecast is being delayed, updated information about the nation's budgetary situation will still be released as expected this summer.

White House decides not to release economic update as election draws near | Honolulu Star-Advertiser

WASHINGTON >> The White House took the unusual step today of deciding not to release an updated economic forecast as planned this year, a fresh sign of the administration’s anxiety about how the coronavirus has ravaged the nation just months before the election.

White House punts economic update as election draws near

The White House has taken the unusual step of deciding not to release an updated economic forecast as planned this year, a fresh sign of the administration's anxiety about how the coronavirus has rava

Covid-19 may cause hunger, famine, $8.5 trn loss in global output: UN chief

Guterres told the high-level meeting that the UN is asking for immediate, collective action in six critically important areas to deal with the crisis

COVID-19 could cause $8.5 trillion loss in global output: UN Sec Gen

“Unless we act now, the COVID-19 pandemic will cause unimaginable devastation and suffering around the world. Hunger and famine of historic proportions. Sixty million more people pushed into extreme poverty. Up to half the global workforce – 1.6 billion people – without livelihoods,” Guterres said

Covid-19 could cause $8.5 trillion loss in global output: UN Secretary General

US News: UN chief Antonio Guterres has warned that the Covid-19 pandemic could cause unimaginable devastation, usher in hunger and famine of historic proportio

Covid-19 could cause USD 8.5 Trillion Loss In Global Output: UN Sec Gen

UN chief Antonio Guterres has warned that the COVID-19 pandemic will cause unimaginable devastation, usher in hunger and famine of historic proportions and lead to a loss of USD 8.5 trillion in global output

UN Secretary General warns of loss of $8.5 trillion in global output due to pandemic

Addressing a virtual press conference along with Prime Minister of Jamaica Andrew Holness and Prime Minister of Canada Justin Trudeau, Antonio Guterres said the world is afflicted by enormous fragilities: weak health systems; runaway climate change; unsustainable levels of inequality.

Coronavirus may lead to $8.5 trillion loss in global output, sharpest since Great Depression: UN

Globally, coronavirus has infected 5,813,997 people and killed 360,397, according to Johns Hopkins University

UN secretary-general predicts 'historic' hunger in post-coronavirus world

United Nations Secretary-General António Guterres warned that the world is facing extreme crisis due to the coronavirus, despite scientific and technological advances. 

COVID-19 could cause $8.5 trillion loss in global output: UN chief Antonio Guterres

“We must avoid it. The pandemic has demonstrated our fragility. Despite all the technological and scientific advances of recent decades, we are in an unprecedented human crisis, because of a microscopic virus,” the UN Secretary General said on Thursday to the high-level event on Financing For Development.

Williams set to sell Formula One team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction.

Williams set to sell Formula One team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction.

Want to buy an F1 team? Williams is considering selling

LONDON — Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review. Williams G

Tokyo shares snap 4-day winning streak amid U.S.-China tensions

Tokyo shares fell Friday, with both the benchmark Nikkei and Topix indexes snapping their four-day winning streaks, amid concern about worsening U.S.-China tensions over Beijing's new security law that Washington says will undermine the autonomy of Hong Kong. The 225-issue Nikkei Stock Average ended down 38.42 points, or 0.18 percent,…

US stocks end lower as China tensions end three-day Dow streak

NEW YORK: Wall Street stocks ended lower on Thursday (May 28) following a late-afternoon retreat on growing US-China tensions, as markets digested ...

US-China tension to push Asian shares lower in choppy trade

Asian shares were set to dip in choppy trade on Friday as worries about worsening U.S.-China ties offset the fillip from hopes massive government ...

Tokyo stocks close lower on US-China tension

TOKYO, May 29 ― Tokyo stocks closed lower today, snapping a four-day winning streak, with investor sentiment dampened by rising US-China tensions over Hong Kong. The Nikkei 225 index slipped 0.18 per cent, or 38.42 points, at 21,877.89. Over the week, the key index rose 7.31 per cent. The broader...

Tokyo stocks open lower on US-China tension

Tokyo stocks opened lower on Friday, tracking falls on Wall Street on rising tensions between the US and China.

Tokyo stocks open lower on US-China tension

TOKYO, May 29 ― Tokyo stocks opened lower today, tracking falls on Wall Street on rising tensions between the US and China. The benchmark Nikkei 225 index was down 0.56 per cent or 123.03 points at 21,793.28 in early trade, while the broader Topix index slipped 0.65 per cent or 10.20 points to...

Asia-Pacific Stocks Decline As China Passes Resolution on Hong Kong Security Bill

On Wall Street, major stock indexes suffered losses in overnight trading on Thursday, while the US economy gradually reopens from the coronavirus-induced lockdown.

Asian shares set to dip in choppy trade over worries about worsening US-China ties; dollar slips, oil prices give up gains

Oil prices gave up some of their gains overnight, as concerns that Trump could impose sanctions on China over Hong Kong and a surprise build in inventories overshadowed a steady improvement in US refining activity

What every Canadian investor needs to know today

A look at the morning’s market action

Stocks - Wall Street Falls at Open on Profit-Taking; Trump China Briefing Eyed

Stocks - Wall Street Falls at Open on Profit-Taking; Trump China Briefing Eyed

Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

Forex Analysis by Marc Chandler covering: Nikkei 225, STOXX 600, USD/CNH. Read Marc Chandler's latest article on Investing.com

Stocks Turn Positive After Trump Keeps Phase One China Trade Deal Intact

Trump took a more confrontational approach with China on Friday.

US-China tension to push Asian shares lower in choppy trade

All eyes are now on Friday's press conference hosted by Trump where he will address his response to China over its treatment of Hong Kong.

Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

Rand, stocks drop with focus on US response to China over Hong Kong

The rand treaded water for most the session and but saw some selling late on after the trade balance for April swung to a large deficit as exports tumbled.

Bursa Malaysia turns positive at mid-afternoon

KUALA LUMPUR, May 29 ― Bursa Malaysia reversed its earlier downtrend to stay in positive territory at mid-afternoon, thanks to gains in selected index-linked counters. Bucking the regional trend, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 3.27 points to 1,460.77 as at 3.06pm against...

Bursa bucks regional trend on economic recovery plan news

KUALA LUMPUR, May 29 — Bursa Malaysia bucked the regional trend to close higher today, thanks to buying support in index-linked counters and positive news on the government’s new economic recovery plan, dealers said. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 15.75 points to end the...

Bursa Malaysia slightly lower in early trade

KUALA LUMPUR, May 29 ― Bursa Malaysia retreated from yesterday's gains to open slightly lower this morning dampened by selling in the index-linked counters amid mixed market sentiment. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 6.09 points to 1,451.41 from yesterday’s...

Bursa Malaysia extends downtrend at mid-day

KUALA LUMPUR, May 29 ― Bursa Malaysia extended its earlier downtrend to end the morning session easier, echoing the weaker performance of regional peers, dampened by heightened concerns over the United States (US)-China tension. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)...

AUD/USD Price Analysis: Greenback’s drop accelerates the rise above 0.6600

AUD/USD takes the bids around 0.6658, up 0.20% on a day, during the pre-European session on Friday. The Aussie pair recently gained traction after the

USD/JPY: Consolidative above 107.00

The rangebound mood in USD/JPY appears unchanged at least in the very near-term above 107.00, Pablo Piovano, an editor at FXStreet’s, briefs. The pair

US Dollar Index drops to 2-month lows near 98.20 ahead of Trump

The greenback faces extra selling pressure at the end of the week and is forcing the US Dollar Index (DXY) to recede to fresh 2-month lows in the 98.2

GBP/USD still faces further consolidation – UOB

Cable is still seen navigating within the 1.2150/1.2350 range, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “We highlighted yesterday t

AUD/USD bulls flirt with 200-DMA, around 0.6660 region

The AUD/USD pair climbed to session tops, around the 0.6660 region in the last hour, with bulls making a fresh attempt to extend the momentum beyond t

USD/CNH: Extra gains need to clear 7.2000 – UOB

According to FX Strategists at UOB Group, USD/CNH’s outlook remains positive and is expected to climb further on a breakout of the 7.20 level. Key Quo

USD/CHF dives to 4-week lows, around 0.9600 mark amid notable USD supply

The intraday USD selling bias picked up pace during the early European session and pushed the USD/CHF pair to near four-week lows, around the 0.9600 m

NZD/USD faces a tough barrier around 0.6230 – UOB

NZD/USD should clear the 0.6230 region to allow for the continuation of the uptrend, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “

NZD/USD climbs above 0.6200 on broad USD weakness

After trading defensively and falling below 0.6200 during the Asian trading hours, the NZD/USD pair gained traction in the last hour and climbed to a

USD/CNH struggles to hold near to 7.20, bearish bets of weaker dollar play out

USD/CNH has been sent back to a low of 7.1659 on Friday, travelling from a monthly high printed yesterday and a touch below there today at 7.1770 as E

GBP/USD Price Analysis: 50-day EMA regains bulls’ attention above 1.2300

The GBP/USD pair’s pullback from the intraday bottom fades upside momentum around 1.2320/25 amid Friday’s Asian session. Even so, the pair stays mildl

Gold: Strongly rejected at $1727.37

The trend on the hourly chart below is still firmly down. This current wave higher could be the next lower high and there could be some signs of a rej

GBP/USD: Approaching the 1.2335 resistance – Commerzbank

GBP/USD is tightly confined within a converging range (1.2217-1.2335) but is pushing hard into the resistance at 1.2335, currently trading at 1.2330,

GBP/USD: Failing to take over the 1.2360 critical resistance

Friday's four-hour chart is showing the cable's failure to crack critical resistance at 1.2360, Yohay Elam, an analyst at FXStreet, informs. See: GBP/

GBP/JPY keeps the lower high formation above 132.00 as risk remains heavy

GBP/JPY declines 132.38, intraday low of 132.33, down 0.20% on a day, amid the initial Tokyo open on Friday. In addition to the upbeat economics from

USD/CAD Price Analysis: Seesaws between 61.8% Fibonacci retracement, 100-day EMA

USD/CAD drops from the intraday high of 1.3785 to 1.3773 amid the initial hour of Tokyo trading on Friday. In doing so, the pair retreats from 100-day

Sterling rises 0.5pc versus weaker dollar, flat versus euro

LONDON, May 29 ― The pound rose around half a per cent against a weaker dollar yesterday, but was little changed against the euro, as Brexit-related risks and speculation about negative interest rates continue to limit the pound's gains. The safe-haven dollar fell to a near two-month low as...

Forex - Dollar Drifts Lower in Tight Trading Ranges

Forex - Dollar Drifts Lower in Tight Trading Ranges

Top headlines: GDP growth slips to 3.1% in Q4FY20; 4.2% in 2019-20

Business Standard brings to you the top headlines of the day

StatCan expected to report GDP down nine per cent in March, 10 per cent in Q1

OTTAWA — Statistics Canada is expected to report today that economic growth swung negative in March and the first quarter as a whole due to the COVID-19 pandemic.

Coronavirus Impact: GDP growth lowest in 11 years

India's gross domestic product (GDP) grew at 3.1 per cent in the final quarter of financial year 2019-20, lowest in 44 quarters, according to the government data released on Friday. Overall growth for FY20 slumped to 4.2 per cent - lowest since FY09 when

Latvia’s gross domestic product down 1.5% in Q1 2020

In Q1 2020, compared to Q1 2019, gross domestic product (GDP) decreased by 1.5 %, according to seasonally and calendar non-adjusted data. In Q1 GDP at constant prices was EUR 6.8 billion.

Scrapping of 7.75% savings bonds to hit savers, pensioners

According to fund managers and analysts, the 7.75 per cent Savings (Taxable) Bonds, 2018 was the favourite investment option for savers and pensioners who considered these bonds as safe and generating adequate returns.

Govt discontinues 7.75 per cent Savings Bonds

Investors deprived of an attractive savings instrument

NZD/USD: Resistance at 0.6216/39 ideally contains the fresh move higher – Credit Suisse

NZD/USD stays capped for now by the ‘neckline’ to the 2015/2020 ‘triangle’ at 0.6216 and the 78.6% retracement of the February/March 2020 fall at 0.62

AUD/USD: The key resistance area at 0.6658/6706 continues to cap any attempt to break higher – Credit Suisse

AUD/USD is seeing a further attempt to break above the pivotal resistance zone at 0.6658/6706, which ideally continues to cap, according to analysts a

GWM India’s president and MD are James Yang and Parker Shi

Both James Yang and Parker Shi have ample experience in the auto industry which should help GWM establish its presence in India. Click to read more.

GWM announces senior leadership for its Indian subsidiary

Auto manufacturer GWM has announced the appointment of James Yang as president for its Indian subsidiary. The company has also appointed Parker Shi as managing director for the Indian subsidiary. Continue Reading →

It’s No Longer Trump’s Economy, It’s Covid-19’s

Trump’s re-election chances depend on how, where and when the pandemic affects the economy.

Five Things You Need to Know to Start Your Day

Want to receive this post in your inbox every morning? Sign up here

Covid-19 Reinforced Our Coffee Addiction

JDE Peet's benefits from having the right timing and business mix to ride out the coronavirus pandemic. 

Apple tops wearables Q1 growth, but wristbands, hearables lead the segment

The International Data Corporation (IDC) report says smartwatches and basic ones registered a decline in growth, which was offset by wristbands and hearables.

HEC Paris in Qatar to run online information session

HEC Paris, will be running an online information session about its degree programs on Wednesday, June 3, from 4pm to 5pm, Qatar time. During this session, prospective participants can meet HEC Paris in Qatar admissions team remotely to learn more about accelerating their career path by studying in one of the world’s most prestigious business schools.

Champagne sales dip as world goes into warlike depression amid coronavirus

Global champagne sales are forecast to slump by a third, or 100 million bottles, this year as the coronavirus crisis shuts bars and restaurants worldwide and hammers economies. 

Tax Deducted at Source: Quarterly payment of TDS could be a ‘Saviour’ for taxpayers in Corona crisis

It is hoped that the Income Tax Department will be empathetic to the problems faced by taxpayers and a pragmatic view shall be taken to allow taxpayers to make the quarterly payment of TDS under Rule 30(3).

With rooms, flights going empty, here’s how airlines and hotels are making money

Two of the worst hit sectors due to coronavirus -- aviation and hotel industries -- are eyeing alternate revenue streams as lockdown dries up revenues.

Salesforce CEO Benioff: 'In a moment of crisis, you need to invest through it' | ZDNet

Work.com is an example of investing in a downturn and now Salesforce.com aims to broaden its reach as a digital transformation engine.

We need to plan for the next round of NPAs

The RBI should draw up guidelines on rolling back rules on moratorium and NPA classification. Banks and NBFCs need financing so they are not held in suspension over debt servicing

For Yamaha, WFH has ‘no connection with distraction’

It has been a huge learning for everyone, says two-wheeler giant’s India head Motofumi Shitara

Alphonso mango farmers shun middlemen; relish sweet taste of self-reliance

Despite the lockdown, this year, mango farmers in the Konkan region of Maharashtra reaped handsome gains. Breaking from the past practice of selling their produce to middlemen, they sold their produce

GBP/USD: The pound is set to see losses amid geopolitical strains

GBP/USD has struggled to take advantage of dollar weakness amid a slew of British issues. Sino-American tensions, Brexit speculation, and end of month

April Core PCE, Personal Spending and Income Preview: All falling in tandem

Core PCE price index to fall 0.3% in April while Personal Income and Spending are expected to plunge to a six-decade low. Instead of elucidating an un

Satoshi Nakaboto: ‘Winklevoss deal brings BTC trade to Samsung users in US and Canada’

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Stephen Hawking used to say: Let’s get this bread! Bitcoin price We closed the day, May 28 2020, at […]

Statistics Canada expected to report GDP down nine per cent in March

Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020, and may be headed to an even steeper drop, as steps taken to slow the spread of COVID-19 forced businesses to close and lay off workers.

SA’s plan to regulate cryptocurrency

Proposals aim to severely limit anonymous transactions in cyberspace.

MDEC: Online business set to stay post-Covid-19

KUALA LUMPUR, May 29 — Malaysia Digital Economy Corporation (MDEC) expects the change in behaviour of consumers and local traders from conventional method to online business concept will be maintained even after Covid-19 ends. Its chief executive officer, Surina Shukri, said the main players in...

Hap Seng records higher earnings in Q1

KUALA LUMPUR, May 29 — Hap Seng Consolidated Bhd’s net profit rose to RM160.38 million in the first quarter ended March 31, 2020 (Q1) from RM157.98 million in the same period last year. Revenue for the quarter, however, declined to RM1.48 billion from RM1.75 billion previously due to lower...

RON97 and RON95 up 5 sen, diesel up 10 sen per litre

KUALA LUMPUR, May 29 — The price of a litre of RON97 and RON95 will go up by five sen, and for diesel, 10 sen, for the period of May 30 until June 5, 2020. According to a statement from the Ministry of Finance today, based on the weekly retail pricing of petroleum products using the Automatic...

‘Less talk, more action’: Malaysian film industry practitioners to Finas

KUALA LUMPUR, May 29 — Members of the local film industry are far from complimentary of the performance of the National Film Development Corporation Malaysia (Finas), and many are hoping that the new leadership announced will bring much needed changes. For actor, director and producer Afdlin...

Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade

Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country's central bank. As Wikipedia describes:

Italian BTP yields flatten after strong issuance

LONDON — Italian government bonds stabilized on Friday after a new issuance and as investors waited for a European Commission rescue plan to take form, with yields across the euro zone mostly neutral.

Grupo Supervielle: 1Q Earnings Snapshot

BUENOS AIRES, Argentina (AP) _ Grupo Supervielle SA (SUPV) on Thursday reported first-quarter net income of $7.4 million. The Buenos Aires, Argentina-based bank said it had earnings of 8 cents per share. Earnings, adjusted for non-recurring costs, came to 26 cents per share. The results topped Wall Street expectations. The average estimate of three analysts …

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,192.83, down 69.90 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.5 cents on 122 million shares. B2Gold Corp. (TSX:BTO). Materials. Up 46 cents, or 6.45 per cent, to $7.59 on 72.6 million …

Blockchain Firm BitClave Agrees To Pay Almost $30 Million Following SEC Charges

Blockchain-based company BitClave PTE Ltd. reached an agreement to settle all charges brought by the US Securities and Exchange Commission (SEC) and will

Will Zimbocash Succeed Where Others Failed As Alternative Currency?

Zimbabwe’s crypto community got lit up when it was reported that Zimbocash, a local cryptocurrency was listed on Bithumb. Whether Zimbocash will suceed.

Buy Foot Locker For 50% Upside as the Economy Reopens

Beaten and bruised FL stock is ready to rip higher as the U.S. economy reopens and rebounds in the coming months. Foot Locker has 50% upside.

Avoid GE Stock? Depends if You’re Trading or Investing

General Electric may not make for a great investment, but GE stock it has some upside and a well-established bottom.

3 Reasons to Buy Microsoft on the Next Dip

Microsoft stock is trying to make new highs, as bulls continue to bid the stock higher. Here are a few reasons to still like MSFT.

Discounted Alibaba Stock Is a Tempting Buy Now

Alibaba stock is likely to come under short-term pressure, but its aggressive growth rate makes it a good long-term play.

John Lewis is giving customers a £100 gift card with selected electrical purchases

The offer is available to new and existing John Lewis members until June 9

Scottish cider sales rocket as businesses learn to adapt to the new way of living

We take a look at what makes the Scottish cider industry so unique and how businesses across the country are adapting throughout lockdown.

India seeks bidders to implement ‘One Sun One World One Grid’

The Indian government invites proposals for the implementation of its 'One Sun One World One Grid' initiative, deadline for submissions is 6 July 2020.

Hawaii budget shortfall now projected to be $2.3 billion | Honolulu Star-Advertiser

There was a lot of guesswork involved, but a panel of experts concluded Thursday that state tax collections will drop by 7% this fiscal year and another 12% next year, leaving Gov. David Ige’s administration with a whopping $2.3 billion budget hole to patch up.

Hawaiian Electric suspends rate increase due to COVID-19 pandemic | Honolulu Star-Advertiser

Hawaiian Electric announced Thursday that it will no longer seek an increase in its rates on Oahu, due to the hardship to customers presented by the coronavirus pandemic.

Editorial: Take hard look at Young Brothers plea for coronavirus relief aid | Honolulu Star-Advertiser

By the time much of Hawaii’s cargo reaches its final destination, Young Brothers LLC has touched it at some point. So alarm bells clanged loudly when the interisland shipper announced that the pandemic-related economic slump has pushed the company to the brink of its own shutdown.

Off the News: Getting a haircut will be different; Big batteries for Hawaiian Electric | Honolulu Star-Advertiser

Getting a haircut will be different

Rail project expecting $100M shortfall, possibly $100M more | Honolulu Star-Advertiser

The Honolulu Authority for Rapid Transit got grim financial news Thursday, with no easy answers ahead.

Liberia embarks on a cost-reflective electricity pricing study

In efforts to attaining cost-reflective electricity pricing, the Liberia Electricity Regulatory Commission has begun a Cost of Service Study.

Vanadium Miners News For The Month Of May 2020

Vanadium spot prices were flat in May. Vanadium market news - New battery tech revives vanadium interest. Vanadium company news - AMG commits $140m for construc

SaaS Moats And Key Factors, With Industry Veteran Justen Stepka (Podcast)

We continue to follow the software as a service sector and the impact of the work from home world, but this time with an outside perspective. Justen Stepka, a t

Fitch forecasts Indonesia operator consolidation

Intense price competition in Indonesia and unequal access to spectrum resources, as the country mulls ...

UP signs MoUs with industry bodies to create 1.1 million jobs for migrants

The migrant workers will lay the foundation of New UP, says CM Adityanath

Nearly 1.5m payment holidays handed out by banks and lenders

UK Finance, the banking trade body, said it has now helped 30 million customer accounts during the coronavirus crisis.

Taiwan Semiconductor: Well-Positioned Despite US-China Trade War

TSMC is well-prepared to deal with near-term COVID-19-related headwinds. Growing US-China tensions will likely have long-term negative implications for TSMC. TS

Shanghala’s lackey offers N$5 000 bail

A man, who was arrested last year for allegedly attempting to obstruct the course of justice in the ongoing investigations of the multi-million-dollar fisheries bribery case, has denied any wrongdoing, citing that he was merely doing his job. 

How we helped Nigerian govt discover unremitted $55b from OICs — Trobell

Trobell International Limited, said it helped the Nigerian govt. recover over $55 billion in unpaid royalties from international oil companies

Pandemic Costing Cartels Millions, DEA Cash Seizures Up 180% in NYC

While the coronavirus pandemic is shuttering businesses, drug cartels are also being disrupted, with NBC News reporting that seizures of cash and d...

Writing Puts For Income With Downside Protection

Readers of my prior articles know I like writing Put options to generate income. This has enhanced my return on the cash I want in some accounts. Some option tr

CWB Financial reports Q2 profit down as provisions for credit losses soar

EDMONTON — CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

Have No Fear Of Missing Out

The S&P 500 appears to be breaking out to the upside. New all-time highs ahead? The fundamental reality not only challenged but is also in sharp contrast to rec

Zscaler Stock Is Thriving as More People Work From Home

The cloud-based security upstart’s growth is set to accelerate with a little assistance from a nationwide lockdown.

Ifac advises Tipperary farmers about new TAMS 11 closing date

Ifac, the farming, food, and agribusiness professional services firm, is reminding Tipperary farmers that the Department of Agriculture has made a number of extensions to the Targeted Agricultural Mod...