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Market News

Location American Market News for 31 August 2017

The Underappreciated Risks to Canadian Banks

Wall Street Journal - 31 Aug 2017 19:24
A frothy housing market, high debt levels and rising interest rates could spell danger for Canadian lenders.
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Indian Bank plans FPO by year end, starts roadshow in Hong Kong Indian Bank plans to raise around Rs1,400 crore from the follow-on public offering (FPO) to strengthen its capital base and reduce government stake
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Market roundup | Gasoline surges as Hurricane Harvey closes major US pipeline Hurricane Harvey has shuttered about 23% of US refining capacity, potentially cutting fuel-making ability to the lowest level since 2008
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Stock exchanges suggest extending trading hours till 7.30pm Leading bourses want to extend the timing of stock trading up to 7.30pm to better align Indian markets with global trends, but several brokers are opposing the move
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Matrimony.com IPO likely to open on 11 September

livemint.com - 31 Aug 2017 17:54
Matrimony.com IPO likely to open on 11 September Matrimony.com IPO comprises fresh issue aggregating up to Rs 130 crore and an offer for sale of up to 3,767,254 equity shares
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Why European Stocks Can Survive a Stronger Euro

Wall Street Journal - 31 Aug 2017 17:53
The rise of the euro is weighing on stocks, but it's a sign of the eurozone recovery.
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Litecoin Price Forecast and Analysis - August 31, 2017

Profit Confidential - 31 Aug 2017 17:49
Unlike some of the other cryptocurrencies, Litecoin's rally is not tied to geography. Its trading volume is spread across the globe, with some of it coming from China, Korea, and the U.S. Some of it also came from existi...
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Numero Uno Web Solutions, a Leading Toronto Internet Marketing Company, Hires Loren Tolman as Account Executive Toronto, Canada, August 31, 2017 - Numero Uno Web Solutions (), a fast-growing Internet marketing firm that caters to medium- and large-size B2B and B2C companies, is pleased to announce the hiring of Loren Tolman as Acc...
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Airbus on the Runway, Ready for Take Off

Wall Street Journal - 31 Aug 2017 16:34
Airplane makers often stumble, but eventually get it right. Waiting for Airbus's problems to be fixed will be too late for shareholders to enjoy the flight.
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Mark Mobius says investors turning their gaze from US to emerging markets Templeton Emerging Markets Group chairman Mark Mobious says emerging markets will beat developed market equities on faster economic growth and cheaper valuations
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In an exclusive CNN interview, four-time F1 world champion Sebastian Vettel talks about his childhood, winning with Ferrari and trying to emulate his hero Michael Schumacher.
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Fall in interest rates: Which borrowers have gained the most? The fall in interest rates in the last two and a half years has not benefited all borrowers equally
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Jaypee Infra deposit holders can file claims as 'creditors' Insolvency proceedings against Jaypee Infra has left buyers of its under-construction houses in the lurch. But these are not the only group of retail investors affected
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Vettel special: Past, present & future

CNN - 31 Aug 2017 13:41
In a special edition of The Circuit, Amanda Davies speaks to four-time Formula One champ Sebastian Vettel about his past, present and future in the sport.
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CDNS Stock: A Potential Ceiling is Approaching I have seldom come across investments like Cadence Design Systems Inc (NASDAQ: CDNS) that have such a distinct and compelling stock chart. Since the conclusion of the 2008/2...
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Global gold prices fall as dollar gains on strong US economic data Gold prices fall as the dollar gains on positive US economic data, but safe-haven demand for the yellow metal amid US-North Korea tensions caps the losses
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Demonetisation has pushed households towards financial savings One of the big benefits of demonetisation was that it served as the final shove to Indians to go and put their hard earned money into financial products rather than physical assets
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Market Live: Sensex, Nifty down, Fortis Healthcare shares lose 3% BSE Sensex fell on Thursday, while the Nifty traded below 9,900 points. Here are the latest updates and developments from the markets
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Homebuyers are now creditors of builders

livemint.com - 31 Aug 2017 08:02
Homebuyers are now creditors of builders According to a recent amendment to the insolvency code, homebuyers too can stake claim in liquidation proceeds of bankrupt companies
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Rupee weakens marginally against US dollar ahead of GDP, fiscal deficit data At 9.15am, the rupee was trading at 64.05 a dollar, down 0.08% from its Wednesday's close of 63.99
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Construction stocks get thumbs up on Modi's spending plans Narendra Modi's plan to spend a record $60 billion on infrastructure has started trickling into firm earnings, giving analysts a reason to turn optimistic about construction stocks
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Opening bell: Asian markets open higher; Aurobindo Pharma in news In other news, RBI's annual report shows that 98.96% of Rs1,000 notes and Rs500 notes that were banned after demonetisation had returned to it by the end of June.
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