Investors outside Turkey should pay attention to the recent rise in its currency to a very low against the US dollar, as the country burns through its foreign exchange reserves, analysts said. One US dollar raised as much as 7.37 lira USDTRY, -0.00% earlier Friday, according to FactSet, a record …
Read More »Premarket shares: Escalating US-China tensions spark fresh market fears
What happens: President Donald Trump on Thursday issued executive orders banning social media apps TikTok and WeChat from operating in the United States if the platforms are not sold within 45 days by their Chinese owners. And he shared the warmth with other Chinese companies listed on U.S. exchanges by …
Read More »Warren Buffett’s Berkshire Hathaway grew earnings by 86% last quarter as its equity portfolio increased in value
Mario Anzuoni / Reuters Berkshire Hathaway’s Warren Buffett saw an 11% drop in revenue in the second quarter, but nearly $ 30 billion in year-on-year investment gains meant its net income grew 86% to $ 26.3 billion. The investor’s famous conglomerate reported $ 13 billion in net sales last year, …
Read More »Fixed deposit, gold or equity? How to invest to get the best returns in times like COVID-19
[ad_1] It is important to stay well informed when faced with an unprecedented situation to avoid financial panic decisions and unnecessary losses. It is essential to align your investments with your appetite for risk, your financial objectives and the corresponding expectations of profitability. However, when there is an unprecedented economic …
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