Brexit is possibly the biggest political event in the modern history of the United Kingdom and over the past two years, it has been the reason behind the gloomy business climate in the country. In a fresh development, it has emerged that business investment in the UK is all set to be cut down this […]
Hong Kong’s currency hit the lower end of its trading band over the past week, thereby requiring intervention that ran to $700 million. However, analysts do not believe that the currency intervention round will be over anytime soon. In the past ten years, the liquidity measure has swung between HK$71 billion and HK$71 billion. This […]
After a delay due to the 35 days extended shutdown in the United States, the retail sales data has been released. As per the data, retail sales in January rose unexpectedly. The credit has been given to an increase in purchases of building materials and discretionary spending. But the revised December data were weaker than […]
On Wednesday, in an early trade day, the shares of Wipro were high by almost 4.66 percent when the company began trading ex-bonus and adjusted for bonus issue. The stock of Wipro reached an intra-day high, and the stock was sitting at 282.00 rupees which were up by 9.30 rupees or by 3.41 percent on […]
United Kingdom’s premier departmental store Debenhams is struggling to boost sales, and in development, that will come as a shock to investors, the company stated the profits for the upcoming year were not going to match analysts’ expectations. This trading update is a worrying sign since back on the 10th of January this year, Debenhams […]
A major trade deal is likely to happen in the ongoing trade war with the United States and China. The deal is likely to see both countries making concessions on the tariffs imposed. The US may stop all the tariffs if Beijing agrees for protecting America’s rights to Intellectual property and also if China pledges […]
