Alibaba’s revenues beat estimates, but net income decreases
Alibaba announced its first-quarter financial results. According to the announcement;
- Its revenues increased by 61%, which is higher than expectations. Increase is driven by its
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Singapore Press Holdings Limited announced first quarter results
Singapore Press Holdings Limited today reported its results for the first quarter ended 30 November 2015 (1Q 2016). Net profit attributable to shareholders was $81.3 …
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New year gift from China to U.S. stock markets on Monday: “Large loses”
On Monday (January, 2016), the U.S stock markets were highly negative, caused by increasing concerns on global economic slowdown related to China’s economy. After the …
Read moreChina goes to double the required deposits for investors
China is going to double deposit required for investors in margin trading. Authorities aims to limit a practice that created a massive market bubble. According …
Read moreAfter Paris attacks, France closes borders
French president Francois Hollande declared the state of emergency in televised remarks Friday evening, calling the situation “an unprecedented terrorist attack.” Hollande closed France’s borders …
Read morePersuasion of Creditors or Grexit?
Greece is meeting its creditors again Wednesday to try to persuade them to hand over the cash it needs to avoid a disastrous debt default. …
Read moreGreek debt problems led European stocks lower
European stock markets closed lower on Wednesday, as investors focused on the unfolding negotiations surrounding Greece’s debt problems.
The French CAC ended the day around …
Japan holds more U.S. debt than China
Data from the Treasury Department released Wednesday show that Japan owned $1.2244 trillion worth of U.S. government securities at the end of February, compared to …
Read morePortugal’s central bank rescues Banco Espírito Santo
Bank of Portugal announced a rescue plan for Banco Espirito Santo on late Sunday. According to the rescue plan, a bad bank will be set …
Read moreFor the week ended July 18, 2014: S&P 500 and Dow Jones Industrial Average have gains
For the week ended July 18 2014, S&P 500 and Dow Jones Industrial Average rose by 0.5% (10.65 points) and 0.9% (156.37 points), respectively, during …
Read moreEuro-zone industrial production fell by 1.1% in May
Euro-zone industrial production in May decreased by 1.1%, less than the expected 1.2% decrease, and it increased by 0.5% in yearly basis. The previous was …
Read moreJapanese industrial production increased by 0.7% in May
Japanese industrial production in May increased by 0.7%, higher than the expected 0.5%, and it increased by 1.0% in yearly basis.…
Read moreFor the week ended 11 July 2014, S&P 500 and Dow Jones Industrial Average have losses
For the week ended 11 July 2014, S&P 500 and Dow Jones Industrial Average fell by 0.9% (-17.87 points) and 0.7% (-124.45 points), respectively.…
Read moreGeorge Soros believes in the euro
According to interview by George Soros in a German weekly magazine, Der Spiegel, he said his team has been looking for investment opportunities in European …
Read moreEuropean stocks slightly changed
As of February 10, European stock markets closed mixed because industrial production data from Italy and France came lower than estimates, offsetting some positive company …
Read moreS&P lowered Turkey’s outlook to “negative” from “stable” on Friday
On February 7, Standard & Poor’s Ratings Services cut Turkey’s outlook to “negative” from “stable” because of the country’s fiscal and monetary policies and an …
Read moreWhat did Draghi tell after ECB meeting?
On February 6, Governing Council of European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates …
Read moreU.S economy grew 1.9% in 2013
U.S. economy grew 3.2% in the fourth-quarter of 2013, which is higher than average estimate of 3.0%. According to report released today, despite some difficulties …
Read moreDAILY CALENDAR (JANUARY 16)
| January 16 | Previous | Estimate | Time (GMT) |
|---|---|---|---|
| German Consumer Price Index | 0.4% | 0.4% | 07:00 |
| Eurozone Consumer Price Index | -0.1% | 10:00 | |
| US Jobless Claims | 330K | 327K |
U.S. Retail Sales Rose More Than Forecast in December
U.S. retail sales climbed by 0.2%, which is higher than forecast of 0.1%. In addition, previous data revised to 0.4% from 0.7%.…
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