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The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use......
(Bloomberg) -- Major Hong Kong banks spent their morning telling employees to commute carefully, and by afternoon began urging them to consider going home as police lobbed tear gas at protesters on the streets outside.“Your safety is our top priority,” HSBC Holdings Plc wrote to staff around lunchtime, inviting them to use their judgment in leaving and noting the firm will remain open. “Please take laptops home if you are able to work remotely.”Most of the city’s major investment banks and other financial firms tried to operate normally, though some lenders closed branches near flareups as a precaution, after the death of a student fueled a surge of unrest. For much of Hong Kong, the morning presented one of the tensest commutes in months as demonstrations closed some subway stations. As employees arrived at JPMorgan Chase & Co.’s main offices, police in riot gear could be seen gathering across the street.Pro-democracy...
Investing.com -- The British pound surged on Monday as Brexit Party head Nigel Farage said his party won't contest any seats currently held by the Conservative Party at the general election on Dec. 12. The move increases the chances of the Conservative Party gaining a majority at the polls, and consequently implementing the EU withdrawal agreement secured last month by Prime Minister Boris Johnson....
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will......
BEIJING/SHANGHAI, Nov 11 (Reuters) - Fewer new energy vehicles (NEV) could be sold in China this year than in 2018, an official at the country's biggest auto industry association said on Monday, as customers hold back on purchases following a government decision to cut subsidies. Chen Shihua, assistant secretary general at China Association of Automobile Manufacturers (CAAM), made the comment on Monday after the association reported that sales of NEVs fell 45.6% in October from year-ago levels, following a 33% decline in September. "There is a gap between sales to date and where they were last year, so according to the development trend, we may see negative growth for new energy vehicles this year," he said....
Spot gold was up 0.3% at $1,462.83 per ounce at 0614 GMT, while U.S. gold futures were flat at $1,462.90 per ounce. "Gold prices are pretty low now and investors are taking this opportunity to take positions in the safe-haven metal as there is still an upside to it, considering the concerns over the trade war and global economy," said Brian Lan of Singapore dealer GoldSilver Central. Gold buying by central banks, especially in China, is also boosting prices, Lan added....
(Bloomberg) -- Tesla Inc. unveiled its first vehicles built in China, a milestone for Elon Musk’s company as it prepares to start sales of domestically-made electric sedans in the world’s largest auto market.Assembled in Tesla’s new Shanghai Gigafactory, which only broke ground in January, the first Model 3 sedans came in blue and were emblazoned with the brand name in Chinese characters. Selected local media were invited late last week to test drive the vehicles, which start at about $50,000.China’s first plant wholly owned by a foreign carmaker — and Tesla’s first outside the U.S. — is a crucial test of Musk’s bid to keep his carmaker profitable as he bets on Chinese demand for electric vehicles.The plant is producing cars in small quantities as part of preparations. Tesla is working with local authorities to obtain manufacturing certification and hopes to get it by year-end, Chairman Robyn Denholm said last week...