Stocks

Jimmy Choo to List its Shares on London Stock Exchange in October

Jimmy Choo to List its Shares on London Stock Exchange in October

London-based designer shoemaker Jimmy Choo unveiled its plans to list its shares on the London Stock Exchange in October.

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Yen Picks up overnight after Malaysia Jet Crash

Yen Picks up overnight after Malaysia Jet Crash

The Japanese yen which had weakened against other major currencies of Asia over this weekend has again picked up after the news of the Malaysia jet crash.

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Asian Markets Plunge on Monday

Asian Markets Plunge on Monday

On Monday, Asian markets were found to end lower. Japanese stocks fell to a six-week low close behind downbeat Chinese data and due to continuous uncertainty over the monetary policy of Fed Reserve.

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Dollar Hits High Against Yen for the First Time Since 2009

Dollar Hits High Against Yen for the First Time Since 2009

A better than predicted performance of employers in the U. S. has helped the Dollar to rise against Yen to the highest level in last four years.

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Stock Market At Two-Weeks High In Hong Kong

Stock Market At Two-Weeks High In Hong Kong

Asian Financial majors, China and Hong Kong stock markets rose this week more than what economists had expected. One the other side U. S. jobless claims dropped and additionally, the exports from China were recorded higher.

Companies like Li & Fung Ltd., supplier of Wal-Mart stores and Lenovo Group Ltd., a Chinese personal computer maker gained 1.5 percent and 1.9 percent during stock trading today.

Cnooc Ltd, state-owned Chinese offshore energy explorer gained 2.3 percent after a rise in the oil price. Chong Hing Bank Ltd. gained a whopping 11 percent during trading.

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Topix Index May Make New Record

Topix Index May Make New Record

It has happened for the first time after a hiatus of 23 years that the Topix Index has rose for straight nine weeks through January 11. Such scene was last witnessed in December 1989 when the index hit the record of 2,886.5.

The positive growth has led a number of investment banks of the US to show confidence in the Japanese stocks. Goldman Sachs Group Inc. and Nomura (8604) Holdings Inc have predicted that new records will be set this time.

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Anglo American Platinum Ltd’s Announcement Dwindle Rand’s Position

Anglo American Platinum Ltd’s Announcement Dwindle Rand’s Position

As soon as Anglo American Platinum Ltd. (AMS) announced about its plan of reducing the output, the rand declined the most in comparison to other currencies.

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End to Bond Purchase Leads to Fall in Metal Prices

End to Bond Purchase Leads to Fall in Metal Prices

It was just following an announcement by the Federal Reserve policy makers that the prices of gold plummeted significantly, a recent report has uncovered. The policy makers had made the declaration that their asset purchases might see a full stop by the end of this year.

It is being said that it is the highest fall in the price of gold if compared to the fall in the year 2004. Silver was also at its lowest in terms of price, the report says, since the month of August.

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