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Market News

Location American Market News for 25 September 2021
ReWalk Robotics Stock Up 56%: Great Origin Story, Poor Financial Prospects With revenue down some 18%, there is no fundamental reason to justify a 56% increase in ReWalk stock this week.
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Sponsors say stablecoins are safe, but regulators are concerned about potential risks to financial stability.
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Chinese Pig Prices Are No Longer Flying High

Wall Street Journal - 25 Sep 2021 11:30
After two years of soaring pork prices, China now faces the opposite problem: a depressed market for the staple.
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Bitcoin And Ethereum: What The Price Charts May Tell Us Now With the Coinbase CEO ready to take on the Securities and Exchange Commission over what constitutes a security -- and with the AMC CEO saying his operation is pleased to accept payments in Dogecoin, you have to hand it t...
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Biden's Stock Markets Are Still Ahead Of Trump's Even With September's Weakness President Trump liked to equate the stock market's performance to how well a job he was doing. Unfortunately for him, President Biden's stock market returns from his election victory are greater than Trump's from four ye...
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Poshmark Is at Least Worth an Offer

Wall Street Journal - 25 Sep 2021 16:00
Poshmark, the social shopping site, might not be everyone's ideal fit in retail, but suddenly it seems like one of the cheapest.
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Fund managers at Deutsche Bank's asset-management arm ignored calls to use ESG data to judge which investments to make, according to previously unreported internal emails and the former sustainability chief, Desiree Fixl...
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Recurring deposit interest rate: These 4 private banks offer promising return Recurring deposit interest rate: RD investment is quite useful when an investor has an anticipated expense, like an important event approaching or an emergency medical expense, etc
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Cheque book of these 3 PSU banks to become invalid from next month. Details here Cheque book holders of these three PSU banks are advised to apply for new cheque book as their existing old cheque book will become invalid from 1st October 2021
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China Evergrande's Electric-Vehicle Unit Warns of Cash Squeeze

Wall Street Journal - 25 Sep 2021 08:05
The EV unit of the heavily indebted Chinese property developer said it might not be able to meet its financial obligations.
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Mutual fund calculator: How to build ₹50 lakh corpus in 10 years through SIP Mutual fund calculator: A ₹50 lakh corpus requires ₹21,000 to ₹22,000 per month in SIP if the individual go by the average rate of expected return at 12 per cent for 10 years
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Eligible taxpayers can submit form 15G to avoid TDS on FD If your interest from FD is below the tax exemption threshold of ₹5 lakh, your tax liability will be zero and by filing Form 15G with your bank, you will be exempt from TDS with respect to your interest income
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Should you invest in an IT or pharma fund to achieve your goals? As you are investing in large cap, mid cap and small cap funds, it may not be necessary for you to invest in a sectoral fund. Sectoral funds are cyclical and carry additional risk
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