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Market News

Location American Market News for 7 September 2020
Chinese investment bank Citic Securities is remaking Hong Kong brokerage CLSA in its own image, in a microcosm of how the Asian financial hub is changing.
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If you do eKYC, you need to regularize the account for full benefits, but that's not so with video KYC
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Returns on my investments

livemint.com - 7 Sep 2020 19:37
A portfolio must have an ideal mix of financial products .Here's a look at how four commonly used asset types--equity, cash, gold and fixed income--have done in different periods
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Stocks To Trade In September

Forbes - 7 Sep 2020 18:00
Stocks To Trade In September In the month of August the five long choices rose by 11.79% versus 7.57% for the Dow. Here are the picks for September.
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This Is Why Americans Can't Count On Another Stimulus Check Just Yet "We are facing a pandemic that threatens our well-being in countless ways, perhaps for years to come,"
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Mayors Call On Trump To Rescind Memo On Defunding 'Anarchist' Cities It's the latest attempt by the president to slash federal support to cities and states controlled by Democrats.
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How to Navigate the Fog of Sustainable Investing

Wall Street Journal - 7 Sep 2020 11:16
Can environmental, social and governance risks be quantified? With the notable exception of carbon emissions, probably not--but that doesn't mean the exercise isn't useful for investors.
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Four levers that can control your financial future

livemint.com - 7 Sep 2020 19:14
Increasing income and savings is crucial for those who don't have adequate assets
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U.S.-China Chip-War Collateral Damage Will Range Far and Wide

Wall Street Journal - 7 Sep 2020 12:57
New Trump administration rules look likely to choke off equipment sales to China's leading chip maker--and hit chip-making equipment makers where it hurts.
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Sudden Volatility in Tech Stocks Unnerves Investors

Wall Street Journal - 7 Sep 2020 13:38
The market roller-coaster ride into the Labor Day weekend confronted investors with fresh questions about the soundness of the technology-led advance in major stock indexes.
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The Real Story Of Employment Data

Forbes - 7 Sep 2020 21:19
The Real Story Of Employment Data In bond-land, longer-term interest rates spiked upward in reaction to what looks to be a very misleading labor market report.
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NRIs are liable to pay tax on dividend income

livemint.com - 7 Sep 2020 19:32
Until 31 March, dividend income from an Indian company was exempt from Income tax in India with certain exception for super rich 'residents'
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Our Driving Habits Should Not Be Keeping Oil Prices Low Car travel continues to be used as an indicator of crude oil usage, but we must be careful not to rely on it too much.
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Global Stocks Mixed as Investors Weigh Tech Resilience

Wall Street Journal - 7 Sep 2020 13:39
Global stocks were mixed after wild swings in tech shares dragged markets lower last week. U.S. stock trading is closed for the Labor Day holiday.
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Citigroup Feuds With Hedge Funds Over Botched Payment

Wall Street Journal - 7 Sep 2020 17:45
The bank's relationship with Brigade Capital Management unraveled over a dispute about Revlon debt and an erroneous $900 million payment.
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Trump: Send Second Stimulus Checks With Covid Relief Funds President Donald Trump says Congress should send second stimulus checks now and use $300 billion in remaining Covid relief funds.
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Did An Investment Whale Fuel The Recent Tech Surge? Last week's late financial news might help explain both the record-breaking rally in tech shares over the past month as well as the sharp market decline at the end of last week.
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The Stock Market Is a Strong Election Day Predictor

Wall Street Journal - 7 Sep 2020 17:00
History shows the sitting president, or the party controlling the White House, has a clear advantage when the market rallies in the months preceding Election Day.
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Municipal bond returns can vary greatly from state to state. Here's why--and what investors should do about it.
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Compare company FD rates

livemint.com - 7 Sep 2020 16:57
Just like FDs, interest payment on corporate FDs is fully taxable at your income tax slab rate, so factor in the post-tax returns
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China's Exports Surged 9.5% In August Despite Escalating Tensions With The United States The growth was due to strong demand for medical supplies and electronics.
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SoftBank Shares Drop on Concerns About Massive Options Bet

Wall Street Journal - 7 Sep 2020 16:12
Shares in SoftBank tumbled 7%, as investors reacted to news of a massive bet the Japanese conglomerate has placed on a rise in tech stocks.
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