News

HSBC Faces Yet Another Lawsuit Regarding Forex Manipulation

Global banking major HSBC is once again facing accusations of rigging foreign exchange rates as a petition has been filed…

8 years ago

Volvo posts strong Q1 2017 earnings, order intake up 11% YoY

The stock of Swedish automaker Volvo (OTC: VLVLY) hit a new 12-month high of $17.036 last Friday. One of the…

8 years ago

Canadian dollar signals uptrend on strong GDP data

Considering the improved outlook for oil and reasonably strong Canadian retail sales in March, on May 19th, we had stated…

8 years ago

UK Banks Make It Hard For Customers To Access Funds Overseas

A recent survey carried out by uSwitch.com found that UK Holidaymakers have faced numerous problems due to the fact that…

8 years ago

Novartis beats Street’s EPS view, Cosentyx sales up 136%

Despite posting a 17% y-o-y decline in the fiscal 2017 first-quarter net income, the stock of Swiss pharmaceutical giant Novartis…

8 years ago

Moody’s Downgrades China Citing Concerns Over Growing Debt

China’s sovereign rating has received a downgrade for the first time in 30 years after Moody’s Investors Service dropped its…

8 years ago

Boeing beats Q1 2017 EPS estimates, raises FY17 view

In the final week of April, the world’s biggest aircraft manufacturer Boeing Co (NYSE: BA) reported better than anticipated fiscal 2017…

8 years ago

Decline in US jobless claims strengthens Greenback

The NZD/USD pair had a decent rally of about 100 pips in the past ten days. Strong retail sales data…

8 years ago

Loonie up on Saudi-Russia oil production cut deal

A sharp decline in the price of crude oil and victory of Emmanuel Macron in the French election has enabled…

8 years ago

Vanguard’s New UK Product Launch Could Trigger Price Wars

US based Vanguard, the world’s second-largest fund company recently announced that it has launched an innovative product targeting the UK…

8 years ago