Listen to the Podcast Episode The threat of wildfire is increasingly leading insurers to drop the policies of San Diego homeowners, a trend most prominent in the county’s rural areas but also affecting city neighborhoods … Read more → Aired: September 9, 2021 | + Subscribe to this podcast The […]
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Going Dutch: Amsterdam’s rise as Europe’s next financial centre
  Author: Alex Katsomitros, Features Writer September 6, 2021 When Brexit came one step closer to becoming a reality in 2018, Tradeweb was left with few options other than expanding its European presence beyond London. The US company, which runs platforms for fixed income, derivatives and ETF trading, was on […]
S&P 500, Dow dip amid oil price declines as virus concerns rise
Stocks fell Monday, losing some steam after rising to all-time highs late last week. Commodity prices tumbled as concerns over the coronavirus’s spread resurged, with crude oil prices moving sharply to the downside. The S&P 500 fell as shares of oil companies including Occidental Petroleum (OXY), Apache Corporation (APA) and […]
Stocks rise as investors look past disappointing GDP, jobless claims
Stocks rose on Thursday as investors looked beyond a weak set of economic data and a mixed batch of corporate earnings results. Traders also considered a Federal Reserve decision that signaled the central bank was still looking for the U.S. economy to recover further before adjusting its monetary policies. The […]
Stocks turn negative despite unexpected rise in retail sales
Stocks erased earlier gains to turn lower on Friday as traders digested a slew of earnings results and a new report on consumer spending that came in stronger-than-expected for June. The S&P 500, Dow and Nasdaq each erased gains to turn negative after opening higher. This week, investors have taken […]
Stocks rise to records to recover losses as investors shake off growth concerns
Stocks gained on Friday to set new all-time highs, shaking off declines from a day earlier as concerns over the pace of the economic recovery flared. The S&P 500 added more than 1% led by the financials, materials and energy sectors that had been some of Thursday’s biggest laggards. The […]
As Thailand hit by its worst COVID outbreak, economic risks rise | Business and Economy News
Thailand risks fueling its decade-high unemployment rate and household debt with the imposition of lockdown-like measures to contain the deadliest Covid outbreak to hit the nation. The greater Bangkok area, accounting for about 50% of Thailand’s gross domestic product, will shutter shopping malls, spas, massage and beauty clinics for at […]
Wage hike, attrition rise to impact IT industry’s margins: HDFC Securities
IT industry’s margins are expected to be impacted by wage increases as well as high attrition rate, said HDFC Securities. “Margin will be impacted by wage increases, increase in sub-contracting or attrition, offset partly by operating leverage and FX or offshoring,” HDFC Securities said in […]
US futures rise ahead of jobless claims and Fed speeches, while oil extends rally as outlook brightens
A trader works at the New York Stock Exchange Reuters US stock index futures climbed on Thursday as investors awaited the release of weekly jobless claims data and prepared to digest a series of speeches from Federal Reserve officials. Meanwhile, oil prices extended their rally as the […]