investment news

Amazon Holds News Conference

Amazon invest in India based publishing company, Westland

Amazon just closed a deal worth Rs 9.5 Crores acquiring a 26 percent stake in the India fifth largest publishing company, Westland. Amazon bought the shares from its main investment firm, Trent Ltd, a company owned by the Tata Group.

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China's Stock Market Rebounds To 3,400 Points

The US Dollar worst single day drop prompted Asian shares to climb higher as oil price increases

The US Dollar plunged to its worst single day drop outside of the 1998 and 2008 crisis today due to speculation regarding 'no rate hike' policy that the Federal Reserve might be implementing for this year. The plunged however, cause a reversal effect helping oil price to increase and help boosting Asian stocks.

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