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Market News

Location American Market News for 11 November 2024

Asian Currencies Consolidate; May Weaken on Republican Sweep

Wall Street Journal - 11 Nov 2024 03:01
Asian currencies consolidated against the dollar early in the session but may weaken on a likely Republican sweep of the U.S. Congress and the White House.
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Nikkei Down 0.1%, Dragged by Machinery, Brokerage Stocks

Wall Street Journal - 11 Nov 2024 02:17
Japanese stocks were lower, dragged by falls in machinery and brokerage stocks, as initial enthusiasm over Trump's election victory has run its course.
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Trump Victory Leaves U.S. Farmers With Questions

Wall Street Journal - 11 Nov 2024 21:03
China is the largest buyer of U.S. agricultural exports, making Trump's proposals to institute new tariffs on shipments from China coming to the U.S. the largest open question.
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ESG Roundup: Market Talk

Wall Street Journal - 11 Nov 2024 17:11
Gain insight on tax benefits for solar companies, nationally determined contributions and more in the latest Market Talks covering ESG Impact Investing.
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Shoe Brands' Secret to Success? Going Slow

Wall Street Journal - 11 Nov 2024 17:00
Trendy shoe brands such as Hoka, On and Birkenstock are taking a page out of luxury's playbook.
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I received my wife's rental income in my NRO account. Will I be taxed on it? Since the rental income is your spouse's, it cannot be taxed in your hands simply because the rent payment was credited to your NRO account.
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Does Warren Buffett Know Something That We Don't?

Wall Street Journal - 11 Nov 2024 12:30
Berkshire Hathaway is hoarding cash in a pattern seen before the financial crisis, but it has a new reason this time.
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Some people in the hedge-fund industry hope the president-elect will breathe new life into the business.
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Europe's Gas Price Rises on Larger Withdrawals Ahead of Winter

Wall Street Journal - 11 Nov 2024 11:22
European natural-gas storage withdrawals increased as winter set in, pushing prices higher. Prices have also been supported by lower wind-power generation, which raised gas demand in some countries.
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October sees 4-month low in new Demat account to 3.45 million additions amid market volatility In October 2024, the growth of new demat accounts in India declined to 3.45 million, down from 4.36 million in September, breaking a four-month streak of over 4 million additions. This suggests a shift in investor sentim...
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Forex card vs debit card: Which helps save on markup fees? A forex card is cheaper because the markup charged on currency conversion is lower compared to what banks apply to debit cards when they are swiped outside India.
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The fall in profits was due to "increased capacity and stronger competition in key markets," the airline said.
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Personal Loan: How does your DTI ratio affect your chances of getting a loan? Personal Loan: Banks consider the DTI ratio of 35% or lower good for approving personal loans. The chance of a loan approval reduces if the ratio is higher. The individual should work towards lowering the DTI ratio befor...
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JGBs edged higher in the morning Tokyo session. Japanese government bond yields will probably face "some upward pressure in the near term," JPMorgan said.
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Gold Steady; Outlook Still Bullish

Wall Street Journal - 11 Nov 2024 02:25
Gold was steady in the early Asian session as traders continued to digest recent U.S. dollar strength and the uptrend in Treasury yields in the wake of Trump's election win.
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