China’s exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the Sino-U.S. war but growth in imports may be a sign that Beijing’s stimulus steps are helping to stoke demand.
Iran’s president presented a draft state budget of about $39 billion to parliament on Sunday, saying it was designed to resist U.S. sanctions by limiting dependence on oil exports. Officials have not given figures for the oil price and export volumes used in the calculations, although the IMF has indicated Iran would need oil prices to be triple current levels to balance its budget as its crude exports have plunged. The United States reimposed sanctions with the aim of driving down Iranian crude sales, the Islamic Republic’s main source of revenues, after Washington withdrew last year from a …read more […]
China’s iron ore imports fell for a second straight month in November, customs data showed on Sunday, as lower shipments from top miners in Australia and Brazil overshadowed firm demand for the steelmaking ingredient at mills.
China’s coal imports plunged 19% in November from the previous month as tighter import rules at ports curbed shipments towards the year’s end.
(Bloomberg) — Ukrainian leader Volodymyr Zelenskiy is getting used to being peppered with questions about Donald Trump.At a briefing during a recent tour of the Baltic region, he interrupted an interpreter relaying a question from a reporter.“Even without knowing your beautiful language, I understood,” he said. “We’re in Estonia now, but unfortunately everyone’s interested in what’s happening with Trump. I’m interested in relations between our countries. Honestly, I don’t like to comment on this story.”Zelenskiy may bat the frequent queries away, but that doesn’t mean it’s a comfortable situation for a political neophyte who is still getting to grips with …read more […]
China’s trade surplus with the United States for November stood at $24.60 billion, Reuters calculation based on Chinese customs data showed on Sunday, easing from the previous month’s surplus of $26.45 billion.
China’s exports in November shrank for the fourth consecutive month, customs data showed on Sunday, confounding market expectations for a rise and underscoring persistent pressures on manufacturers from the Sino-U.S. trade dispute.
Is Equity Residential (NYSE:EQR) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds have […] …read more […]
In this article we are going to estimate the intrinsic value of Yangzijiang Shipbuilding (Holdings) Ltd. (SGX:BS6) by… …read more […]
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […] …read more […]
(Bloomberg) — Democratic Representative Alexandria Ocasio-Cortez and Presidential candidate Bernie Sanders are taking a victory lap after Amazon.com Inc. and other technology giants leased millions of square feet of office space in New York City — without the billions of dollars in government support that Amazon tried to negotiate earlier this year.Amazon signed a lease on Friday for 335,000 square feet in the Hudson Yards neighborhood, enough space for more than 1,500 workers. The largest U.S. e-commerce company said it wasn’t getting tax benefits or other incentives.A few weeks earlier, Facebook Inc. leased more than 1.5 million square feet in …read more […]
Hitting at block number 9,069,000, the systemwide upgrade is the network’s third in 2019. …read more […]
The world saw a significant increase in demand for energy this year, and some sectors were more eager than others to meet that demand …read more […]
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds’ top 3 stock picks returned 41.7% this year and beat […] …read more […]
“Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn’t by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […] …read more […]
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