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Location American Market News for 5 December 2024
Chinese shares were higher in early trade, supported by software and securities stocks. Investors were looking ahead to the coming Central Economic Work conference
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OPEC+ Delays Oil Output Hike Once Again

Wall Street Journal - 5 Dec 2024 15:41
The Organization of the Petroleum Exporting Countries and its allies will further push back an oil production increase planned for January by three months amid softer prices and market concerns of an impending glut.
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Gold Edges Higher on Safe-Haven Demand

Wall Street Journal - 5 Dec 2024 02:04
Gold edged higher in early Asian trade. The precious metal's appeal as a safe-haven demand has been supported by the political turmoil in France and South Korea, ANZ Research said.
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Research finds investors in all categories of active funds have been trying to buy low and sell high--and they aren't very good at it
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Are instant-redemption liquid funds better than savings accounts or sweep-in FDs? They offer higher returns but are they better overall? Let's find out.
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₹5 crore coverage in ₹1000: Is it a scam?

livemint.com - 5 Dec 2024 14:26
₹5 crore coverage in ₹1000: Is it a scam? A top-up plan is a very effective way to enhance your health insurance coverage.
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Robinhood's Hot New Tech Bet: The Desktop Computer

Wall Street Journal - 5 Dec 2024 14:00
The upstart online brokerage is aiming to be the top destination for serious traders who prefer to click around on their big screens.
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The entire food industry now faces a difficult environment with several pitfalls ahead, many of them potentially emanating from the Trump administration.
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Good credit score: What are the different ranges and their meanings? Credit Score: A credit score reflects repayment ability and credit history, affecting loan approvals and terms. Ranges from poor to excellent indicate risk levels for lenders. Timely payments and cautious borrowing can i...
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Compounding: Investing ₹6,000 a month since inception in this mutual fund would have grown to ₹1.1 crore in 20 years Tata Equity PE Fund is a value mutual fund launched on June 29, 2004. Value funds identify stocks that are currently undervalued but are expected to perform well over time as the value is unlocked, as per the Sebi's cate...
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Credit Card Interest-Free Period: How to use it for debt-free purchases? 5 key tips Credit cards: Interest-free periods on credit cards help manage cash flow and avoid fees if used wisely. By making timely payments and avoiding cash advances, users can benefit from these terms while maintaining a good c...
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For Small-Cap Stocks, Look Past the 'Trump Trade'

Wall Street Journal - 5 Dec 2024 12:30
Tariff and rate-cut expectations have boosted shares of smaller companies, but investors should focus on long-term appeal.
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Europe's Gas Prices Retreat Slightly on Higher LNG Imports

Wall Street Journal - 5 Dec 2024 11:26
European natural-gas prices have pulled back slightly this week but concerns over faster storage withdrawals and Russian flows continue to dominate the market, capping losses.
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EPFO extends deadline for UAN activation and linking bank a/c to Aadhaar for ELI scheme benefits to Dec 15 Earlier the deadline was Nov 30. In a latest circular dated Dec 4, the EPFO issued directions to all employers that the earlier circular stands modified.
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The psychology of risk: Perception vs reality

livemint.com - 5 Dec 2024 10:19
The psychology of risk: Perception vs reality While some of us are better than others at handling risk, human nature often causes us to underestimate or overestimate it.
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Travel Loan: A complete guide to eligibility, documents, and interest rates Travel loans can help fund your vacation despite financial constraints. Offered by banks, these loans have lower interest rates and specific eligibility requirements. They range from ₹30,000 to ₹50 lakh, with short r...
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Personal Loan: 5 macroeconomic factors that affect your interest rates Personal Loans: Before obtaining a personal loan, borrowers must consider factors including credit history and macroeconomic indicators. Changes in repo rates, inflation, and government spending significantly affect inte...
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Ready for your first credit card? Here's what you need to know Credit cards: As a first-time credit card user, prioritize timely payments and avoid tempting offers. Select a card that aligns with your financial situation, keeping an eye on fees and rewards. Understand the approval p...
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How to choose the right personal loan? 7 crucial features to evaluate Personal loans: A personal loan is an unsecured borrowing option for immediate funds, typically requiring less documentation. Key features to consider include disbursal time, interest rates, repayment flexibility, and po...
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Axis Bank to revamp credit card features from December 20--Here's what you need to know Credit cards: Axis Bank is making some changes to its credit cards from 20th Dec. These include an increase in interest charges, a fee for payment failure, a cash payment fee, DCC, etc. There will be a 1% reward redempti...
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Co-branded credit cards: Is this worth opting for them? Credit cards: In co-branded credit cards, a bank joins hands with a brand to create a card tailored to the brand's customers. The cardholder then starts earning points, miles, or cashback when they buy from the partner b...
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Canara Bank revises fixed deposit rates. Check comparative FD rates of PNB, ICICI, HDFC, SBI, Union Bank Canara Bank has revised its fixed deposit interest rates for amounts below ₹3 crore, effective December 1, 2024, offering rates from 4% to 7.40% for the general public and 4% to 7.90% for senior citizens on callable de...
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