No Picture
Trading Ideas

U.S. Stock Index Futures Fall as Mideast Friction Hits Sentiment

(Bloomberg) — U.S. stock-index futures fell after last week’s killing of a top Iranian military commander by a U.S. drone in Baghdad damped investors’ appetite for riskier assets.S&P 500 Index futures contracts expiring in March were down 0.3% as of 2:45 p.m. in Tokyo, after the attack prompted Iraq’s parliament to vote to expel U.S. troops from the country. Iran said it would no longer abide by any limits on its enrichment of uranium. Futures on both the Nasdaq 100 Index and Dow Jones Industrial Average declined 0.3%.“The risk-on tone that had continued into the new year was disrupted last …read more […]

No Picture
Trading Ideas

Ratan Tata Fights to Save Legacy After Mistry Court Ruling

(Bloomberg) — After ousting his protege-turned-foe from the helm of Tata Sons Pvt. in a boardroom coup three years ago, Ratan Tata was looking forward to a partial retirement. Instead, he’s fighting the battle all over again — this time in a court.India’s Supreme Court is expected to hear as early as this week an appeal by the $111-billion conglomerate to quash a panel’s order that directed the Tata group to rehire the man it fired as chairman. The tycoon, 82, is personally leading the charge in the case, and filed a separate petition challenging the ruling.In a severe blow …read more […]

No Picture
Trading Ideas

Japan to Tighten Immigration Procedures After Ghosn’s Escape

Jan.05 — The fallout from the Carlos Ghosn and his dramatic escape from Japan should become clearer this week when Ghosn gives a statement this week. Also, the government announced new measures to tighten immigration since Ghosn’s escape. Bloomberg’s Dave McCombs reports on “Bloomberg Markets: Asia.” …read more […]

No Picture
Trading Ideas

‘1917’ Wins Top Golden Globe, Scrambling the Race for Oscars

(Bloomberg) — The Golden Globes lived up to their reputation as Hollywood’s most unpredictable awards show.“1917,” a World War I epic from director Sam Mendes and Universal Pictures, won the prize for best drama Sunday from the Hollywood Foreign Press Association, inserting itself into an Oscar race just ahead of its wide release in theaters. Mendes also took home the prize for best director.“1917” beat out four other movies, including three contenders from Netflix Inc.: “The Irishman,” “Marriage Story” and “The Two Popes.” Netflix won just two prizes on the night, one for its TV show “The Crown” and another …read more […]

No Picture
Trading Ideas

Bushfires Ravage Southeast Australia

Jan.05 — Authorities in Australia are counting the costs of the devastating bushfires after one of the worst weekends in the crisis so far. Hundreds of properties were destroyed across the country’s Southeast as the searing temperatures and strong winds fan the flames. Bloomberg’s Ed Johnson reports on “Bloomberg Markets: Asia.” …read more […]

No Picture
Trading Ideas

Trump Threatens Major Retaliation on Iran If They ‘Do Anything’

Jan.05 — The fallout from last week’s killing of a top Iranian military commander by the U.S. is widening. Lawmakers in Iraq have voted to expel American troops and Iran says it will no longer abide by the nuclear deal reached with major powers in 2015. Bloomberg’s Derek Wallbank reports on “Bloomberg Markets: Asia.” …read more […]