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Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Singapore......
It’s a busy day ahead, with manufacturing PMI numbers from China, the Eurozone, and the U.S in focus. Stats from the weekend provided early support....
(Bloomberg) -- An expanded soccer tournament, a direct flight, clandestine meetings and a pledge to release prisoners of war; diplomacy is breaking out as Gulf Arab nations back away from a Donald Trump-inspired confrontation with Iran. And the signs are everywhere.Last week, Saudi Arabia, the United Arab Emirates and Bahrain played their first games of the 2019 Arabian Gulf Cup in Qatar after a last-minute decision to take part -- an apparent breakthrough in a 30-month feud that saw them halt trade and flights over Qatar’s links with Iran and support for Islamist groups.Meanwhile, the Saudi-led coalition that’s fought Iranian-backed Houthi rebels in Yemen since 2015 began releasing jailed Houthis, as efforts to end the conflict gather momentum. Oman is quietly hosting high-level meetings, according to people familiar with the matter, and even Iranian President Hassan Rouhani has hinted at direct channels with the U.A.E.Spooked by the prospect of a catastrophic...
(Bloomberg) -- China’s central bank governor sounded a cautious tone on the health of the global economy, while signaling that monetary policy makers will continue to refrain from large-scale easing steps.Policy should be prepared for a “mid- and long-distance race” and stick to a conventional approach as long as possible, according to the article by Governor Yi Gang published Sunday on the WeChat account of Qiushi, the Communist Party’s flagship magazine.The comments came a day after the nation’s main factory gauge showed an unexpectedly strong improvement in November.The official manufacturing purchasing managers’ index rose to 50.2, according to data released by the National Bureau of Statistics. That’s the first reading indicating expansion since April, and may have given support to the idea that the world’s second-largest economy is stabilizing amid stimulus measures and better external demand. Seasonal factors influenced the rise though, and downward pressures on China’s economy, including factory deflation,...
(Bloomberg) -- Stocks in Asia rose along with U.S. equity futures as investors weighed data on China’s economy that showed a bright spot for manufacturing and the latest news on the trade front. Australian and American bond yields advanced.S&P 500 futures edged up and shares opened higher in Sydney, Seoul and Tokyo. The yield on 10-year Treasuries climbed to 1.8%. On U.S.-China trade: the Global Times reported that China’s government wants tariffs to be rolled back as part of the phase one trade deal with the U.S. Oil recovered a sliver of Friday’s slide.A gauge of China’s manufacturing sector jumped unexpectedly in November and may go some way to validating investor optimism that the global economic slowdown has bottomed. That comes ahead of data this week on American manufacturing and employment. Meantime, Black Friday hit a record $7.4 billion in U.S. online sales.“This improvement in the manufacturing PMI is important because...
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios......
The United States has formally requested the extradition of Michael Lynch, the British tech billionaire who sold his data company Autonomy to Hewlett Packard (HP) in an ill-fated $11.1 billion deal, to face charges including securities fraud, wire fraud and conspiracy. The U.S. embassy in London submitted the extradition request on Nov. 21 for Lynch to stand trial in the United States, according to a court filing dated Dec. 1. Lynch, once hailed as Britain's answer to Bill Gates, is currently battling the American IT giant in London's High Court....
