The Hong Kong flag was flown from a ferry boat on July 2, 1997, a day after the former British colony returned to Chinese rule. Romeo Gakad | AFP | Getty Images Beijing on Friday proposed changes to “improve” Hong Kong’s electoral system – a widely anticipated move by China …
Read More »Standard Chartered CEO: Stock markets will ‘look fruity’
LONDON – Standard Chartered’s chief executive on Thursday warned that the stock market’s valuation had reached an inadvisable level during a period he described as “speculative hype”, saying it was possible for tech-led sell-offs to enter others. Fields. Bill Charters, CEO of Standard Chartered, told CNBC, “There are indications that …
Read More »European stocks surged amid hopes of a Brexit trade deal
European stocks are set to open higher in a lighter trading session as traders grew optimistic that a Brexit trade deal would take place. Britain’s FTSE 100 is up 38 points at 6,530 and France’s CAC is up 15 points at 5,552, according to the IG’s index. The German and …
Read More »The minister says farmers’ opposition to Kovid could bring back India’s economic recovery
Ongoing protests by the Indian government will not be able to continue indefinitely or it will derail the country’s economic recovery from the Kovid-19 epidemic, an Indian government minister told CNBC on Monday. Thousands of Indian farmers have been protesting for weeks against three agriculture reforms enacted in the law …
Read More »Negotiations for a Brexit trade deal are underway
LONDON – European stocks are expected to open in the mixed region on Monday, as market attention has been focused on negotiations between the UK and the EU on post-Brexit trade deals. According to IG, London’s FTSE is down 7 points at 6,546, Germany’s DX is up 41 points at …
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