Fund that helped make Turkey stocks among world best is thinning
Businessam Staff
August 2, 2017
A state fund that helped fuel one of the world’s best stock rallies this year has almost been depleted, reports Bloomberg. The
Miners drive South African stocks to record high as Kumba gains
Businessam Staff
July 31, 2017
South Africa’s benchmark stock index advanced to a record Monday, joining a global rally as commodity prices surged on optimism
Wall Street set to open higher on earnings optimism
Businessam Staff
July 31, 2017
U.S. stock indexes looked set to open higher on Monday as investors remained optimistic about corporate earnings in the second quarter
Snap’s shares slide 3% in premarket trading as lockup ends
Businessam Staff
July 31, 2017
Shares of Snap Inc, owner of the Snapchat messaging app, fell 3 percent in premarket trading on Monday as a share lockup ended,
Is it time to buy the U.S. dollar? Asks Hussein Sayed, FXTM chief market strategist
Businessam Staff
July 31, 2017
Six months ago it was hard to believe that the Greenback will be plummeting against all of its major peers. Back then the Fed was the
A struggling dollar sees out July, FXTM analyst
Businessam Staff
July 31, 2017
July has certainly been a painful trading month for the Greenback, with Friday’s second quarter economic growth figures from the US
Adidas shares are surging
Businessam Staff
July 28, 2017
Adidas is once again proving its mettle against Nike after once again lifting its profit forecast. Shares in the German sportswear
Tech stocks pull down European markets after Amazon miss
Businessam Staff
July 28, 2017
European markets were pulled down by technology stocks Friday after Amazon worse-than-expected earnings Thursday sent waves through
Libor, global interest rate indicator, nears its end as 2021 death knell sounds
Businessam Staff
July 27, 2017
Libor, the nearly 50-year-old global borrowing benchmark that became a byword for corruption, is headed for the trash heap of history.
Sterling to stay low for forseeable future, say long-term forecasters
Businessam Staff
July 26, 2017
Sterling is set to stay low for the long-term, as major investment managers see no reason for the currency to recover in the years to