Speculative nature: Getting Started with Derivatives
Have you been thinking about diversifying to ensure passive sources of income? Are you hoping to put away your cash and thrash the rising swelling in the economy? Derivatives have…
FDA Approves Gilead’s Antiviral Drug Veklury
The U.S. Food and Drug Administration (FDA) has approved Gilead Sciences Inc.’s Veklury (remdesivir), an antiviral drug for the treatment of patients with COVID19 requiring hospitalization, according to the company’s…
Trump and Biden: Remarks on Final Presidential Debate
The U.S. final presidential debate held in Nashville, Tennessee on Thursday evening saw Trump and Biden raise key points to woe undecided American voters, according to Reuters. Here are the…
Barclays Q3 2020 Results Presentation
Barclays Group Q3 2020 income was £5.2 billion, down 6% from the prior year, according to the company’s press release. Earnings per share (EPS) is 7.6 pence down from Q3…
iPhone 12 Demand Strong in China Despite Cheaper 5G Smartphone Alternatives
Apple’s recently launched iPhone 12 line is showing strong demand in China, more than last year’s iPhone 11, according to SCMP. China accounts for 35% to 45% of global demand…
Why Goldman Sachs was fined $350 million by Hong Kong
Hong Kong’s Securities and Futures Commission (SFC) on Thursday fined Goldman Sachs a record $350 million for its involvement in Malaysia’s multibillion-dollar IMDB scandal, according to Reuters. Goldman Sachs (Asia)…
Polyus’s Siberian Gold Deposit Has World’s Largest Reserves
Sukhoi Log, located in the Irkutsk region of Siberia, has 40 million ounces of proven reserves with an average gold content of 2.3 grams per ton, according to Bloomberg. The…
U.S. Initial Jobless Claims Decrease in October 2020
U.S. initial jobless claims in the week ending October 17 were 787,000, a decline of 55,000 from the previous week’s revised level and down from expected 870,000, according to a…
Will Moderna, AstraZeneca, Pfizer, or others Succeed? Vaccine Complacency could Affect Market Sentiment
Traders are worried that complacency over the coronavirus vaccine could affect markets, according to CNBC. Five vaccines, from Moderna, AstraZeneca, Pfizer, Johnson & Johnson, and Novavax are in phase 3…
KOF Forecast: Swiss Economic Recovery In the Coronavirus Crisis
Swiss Economic Institute expects GDP to contract 3.6%, an improvement from August’s update of 4.7% with a projected 3.2% growth in 2021 in its baseline scenario, according to the KOF…
PayPal Offers Cryptocurrency Services To Their Users
Paypal has launched a new service that enables its customers to buy, hold, and sell cryptocurrency directly from their PayPal account, according to the company’s press release. The company has…
Election Top Stories: Trump Paid Taxes… in China
Donald Trump paid $200,000 in taxes to China between 2013 and 2015 but remitted no personal income tax to the Internal Revenue Service (IRS) in 10 of the 15 years…
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