Warren Buffett has made a fortune by putting his money to work in the stock market, but it looks like he is now afraid that a crash could be in the cards. The Oracle of Omaha has been going cash-heavy and is pulling out of stocks, indicating that the legendary investor might be bracing for…
As global stocks continue to slip fueled by the correction of Asian markets, analysts expect the gold price to surge by 30 percent heading into 2020. The Nikkei 225, a stock market index for the Tokyo stock exchange, plummeted by over two percent on the day alongside South Korea’s Kospi and China’s SSE Composite, which…
U.S. stocks are set for a strong opening based on pre-market data as the Federal Reserve turns dovish, increasing chances of additional cuts on the interest rate, alleviating pressure from the stock market. Dow Futures inidicate a powerful opening for the U.S. stock market as Fed may shift towards more interest rate cut, alleviating pressure…
Following a spike in the U.S. stock market on September 25, there are hopes that U.S. stocks are in for a bigger rally as the economic growth of China is expected to slow down heading into early 2020. In the past 24 hours, as seen in the performance of Dow Jones and its 162-point increase,…
The U.S. stock market is anticipated to open with a worsened sentiment as Chinese State Councilor and Foreign Minister Wang Yi said that U.S. and China have come to a “crossroads” again, weakening the foothold of stocks. Wang said: “While China opens wider to the U.S. and the rest of the world, we expect the…
It would appear that the tech industry took over ever since the turn of the millennium. Companies like Apple, Google, and Amazon became household names. Many got rich investing in these tech giants. However, if you combine the gains of these three stocks from the end of 2000 up to today, the sum won’t even…
Asian stocks rose on Friday, with Japan’s benchmark index reaching new five-month highs amid reports that the Federal Reserve was pledging more liquidity to prop up the financial markets. Asian Markets Rise Stocks across the Asia-Pacific region rose in the final session of the week. Tokyo’s benchmark Nikkei rallied 0.4% and was on track for…
Stocks in the Asia Pacific region diverged on Thursday, as investors assessed the Bank of Japan’s (BOJ) latest policy decision, which maintained the status quo on a long-running stimulus program designed to boost growth and inflation. Asian Stock Markets Diverge Japanese stocks were the clear-cut winners on Thursday, as investors dissected new developments around monetary…
Stocks in the Asia Pacific region traded mixed on Wednesday, as investors gauged prospects for monetary policy after the Federal Reserve took action in re-balancing the money markets. Asian Markets Mixed There was no clear-cut direction in Asian equities on Tuesday. Japan’s benchmark Nikkei 225 index edged up 0.1% to 22,012.72. Japan’s benchmark Nikkei hovers…
Asian stocks traded mostly lower on Tuesday as Washington and its allies weighed retaliation against Iran for its alleged involvement in weekend drone attacks on Saudi Arabia. | Image: AP Photo/Lee Jin-manAsian stocks tumbled on Tuesday, as the flight from risk assets continued in the wake of devastating weekend attacks on Saudi Arabia’s oil industry.Latest…
