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Market News

Location American Market News for 28 December 2017

Apple's Nearly Trillion-Dollar iPhone

Wall Street Journal - 28 Dec 2017 16:52
The iPhone maker's stock price has soared, but is unlikely to repeat the performance.
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Vietnam's Economic Growth Will Accelerate In 2018 As Investors Flood The Country Forecasters pick Vietnam's economy to grow faster in 2018 than in 2017, thanks largely to sustained interest by foreign factory investors.
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Renewable energy future hinges on policy execution

livemint.com - 28 Dec 2017 04:44
Renewable energy future hinges on policy execution The government has shown its intent in ensuring the renewable energy sector continues to grow, but it needs to show more action in 2018 for investor confidence to recover
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Ripple Rally Continues, Pushing Currency To Latest All-Time High XRP just hit a new record price, but what caused its latest rally?
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4 Reasons You Should Run Away From SPY, IVV, VOO And Other S&P 500 ETFs A decade after the global financial crisis, investors seem to have forgotten about risk.
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Foreign investor interest in India will be strong in 2018: Jon Thorn Indian markets are not expensive at current levels, says Jon Thorn, co-founder and director of India Capital Fund Management
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Why A Stronger Dollar Could Spoil the Emerging-Market Party

Wall Street Journal - 28 Dec 2017 18:08
When it comes to emerging markets, the dollar giveth, and the dollar taketh away. In 2017, it has been generous: a softer dollar has buoyed equities and bonds and juiced returns for foreign investors. But nobody should t...
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Sebi restricts cross-holding in mutual funds, credit rating agencies A sponsor of a mutual fund or its associates cannot hold more than 10% in any other asset management company or have a board seat, according to new Sebi norms
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3 Bargains From The FTSE 250 That You Should Buy Today This article looks at three FTSE 250 stocks that can be picked up for next to nothing.
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Kimberly-Clark Provides Classic Value In Rich Market This firm has a long history of profit growth, over four decades of dividend growth, and an executive compensation plan that properly incentivizes executives to create shareholder value. Add in a cheap valuation, and it'...
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Stocks, commodities to trade on single exchange from October 2018 The Sebi move that would help leading stock exchanges, BSE and NSE, to launch their commodity trading platforms
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From bitcoin to Belize, here are best and worst assets of 2017 There was perhaps no investing idea that attracted more attention in 2017 than cryprocurrencies, from Jamie Dimon's dismissal to Katy Perry quizzing Warren Buffett about the subject
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Buy These 8% Payers Before Their Are REITs (real estate investment trusts) going to be hurt by the new tax reform? Not at all.
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Sebi defers norms for loan default disclosure by listed firms Sebi decides to hold further discussions on its proposed norms mandating listed companies to make immediate disclosure about their loan defaults
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Sebi puts 10% cross-shareholding cap in mutual funds

livemint.com - 28 Dec 2017 13:22
Sebi puts 10% cross-shareholding cap in mutual funds Sebi decides that any shareholder owning at least 10% stake in an AMC will not be allowed to have 10% or more stake in another mutual fund house operating in India
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The Winners and Losers of the Heard's Stock-Picking Event

Wall Street Journal - 28 Dec 2017 13:01
Heard on the Street's columnists ran an experiment to see if they could beat the market by picking, or panning, 23 stocks, indexes or currencies. They tracked their performance over several months, and the results were h...
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Gold prices jump by Rs175 on jewellers' buying

livemint.com - 28 Dec 2017 12:38
Gold prices jump by Rs175 on jewellers' buying Gold prices rally Rs175 to Rs30,250 per 10 grams, largely on positive global cues and increased buying by local jewellers, marking the rise for the fifth straight day
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Axis Bank falls 2% after Sebi order to probe data leak Axis Bank shares fall 1.83% to Rs544.35 after Sebi orders the bank to conduct a probe into an alleged data leak of its June quarter financial results
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Kotak investment banking unit sees India share sales top 2017 record Equity issuance in India next year will outdo 2017's record as a slew of companies take advantage of a booming stock market, says Kotak investment banking unit's V. Jayasankar
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Bond yield rises on government borrowing plan, rupee weakens against US dollar At 9.15am, the rupee was trading at 64.24 a dollar, down 0.14% from its previous close of 64.16
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Bitcoin resumes slide after biggest rally in two weeks Bitcoin falls below $15,000 after the cryptocurrency's biggest rally in two weeks ended a rout that wiped more than $9,000 off the price.
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Ajay Tyagi to tackle his heaviest board agenda in Sebi meet today Securities and Exchange Board of India (Sebi) will tackle no less than 17 agenda items, the heaviest board agenda for chairman Ajay Tyagi since he took over in March
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