Despite territorial dispute, Philiipine Pres. Rudy Duterte announces posibble trade exchange with China and Russia.
Investors
China's Yuan Joins Elite Club Of International Monetary Fund Reserve Currencies
China said that they will use this opportunity to further deepen economic reforms and open up the sector to promote global growth.
Stocks Go High for Energy and Financial Sectors
US Stocks movement made a major change in the Energy and FInancial sector. Recent reports and stock release shows that major U. S. stock indexes gained on Wednesday, increased by financial shares while encouraging economic data and by the energy sector as oil prices surged to June highs.
Top 29 Undervalued Dividend Stocks Amongst US Stock Sectors
With dividend stocks high this year, investors should be well guided. Here are the 29 Undervalued Dividend Stocks Amongst US Stock Sectors.
International Monetary Fund Slashes U.S. Growth Prospects
IMF cuts its estimate for U.S eonomic growth to 1.6 percent from 2.2 percent it had predicted in July.
Latest News
Wells Fargo is at the middle of big scandal right now as it is being investigated by board and senate.Answers several authority inquiry.
Britain's economic competitiveness is at risk because of the Brexit vote. June 23 referendum will surely affect its current status being on the top for decade, say WEF.
Alibaba is about to acquire Singaporean start-up Lazada for about $1 billion that was established by the German technology Rocket Internet. Existing shareholders including Tesco, AB Kinnevik and Rocket Internet will sell a portion of their shares to Alibaba.
The company called off the acquisition of Allergan after the U.S. Treasury issued the rule preventing the deal. Nevertheless, Chief Executive Officer Ian Read still has the investors support.
Competition Heats Up In China Between Uber And Didi Which Raised Funding Target to Over $1.5 Billion
Didi's target for funding has raised to $1.5 billion to compete with Uber in China. Didi operates in 400 cities and is expected to accelerate to about 10 million at the end of the year.
Fever-Tree founders have reportedly sold their shares worth £18 million in total as a result of demands by investors. However, they claim to still be sticking with the business and still have the majority of their shares.
Xiaomi’s partnership with India’s Hungama will make it easier, more accessible and more affordable for locals to access the company’s service that will soon be integrated together with themes and ringtones.
International Container Terminal Services' Australian arm, Victoria International Container Terminal Limited (VICT) has unveiled a new community investment fund program. The company invites domestic non-profit community institutions to apply for fund up to $20K.
Mexico will be rich in renewable energy as private energy companies flock to the state to provide them with electricity generated from clean energy to be sold to Comisión Federal de Electricidad. Italy’s Enel Green Energy won 3 projects and will build solar plants while others will provide energy from wind farm.
