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Market News

Location American Market News for 23 March 2022
Malaysian Billionaire Stanley Thai Invests $350 Million To Build Supermax's Glove Manufacturing Plant In Texas Supermax Corp, controlled by Malaysian billionaire Stanley Thai, said its U.S. unit Maxter Healthcare will invest $350 million to build a manufacturing facility for medical gloves in Brazoria County in Texas.
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7 Tips For Investing As A College Student

Forbes - 23 Mar 2022 16:01
7 Tips For Investing As A College Student College is a period of transition, new experiences and learning to be a responsible, functioning adult. It's also a time to start solidifying some good habits, from exercising regularly to investing in your future. Here'...
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Cardano's Ada Token Just Reached Its Highest Since Mid-February--What's Next For The Digital Asset? Cardano's ada rallied today, climbing to its loftiest value in more than a month. Where is the digital currency headed next? Several analysts offer their perspective.
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Dow Falls 400 Points As Supply Disruptions Send Oil Prices Surging Higher Markets are facing a "harsh reality" as geopolitical risks add to inflation fears.
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How REITs are a good bet for risk takers

livemint.com - 23 Mar 2022 21:55
How REITs are a good bet for risk takers A REIT is a trust that owns a pool of income-generating real estate assets held as SPVs
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Starwood Property Trust Passes Through 8% Yield Mark In trading on Wednesday, shares of Starwood Property Trust were yielding above the 8% mark based on its quarterly dividend (annualized to $1.92), with the stock changing hands as low as $23.70 on the day.
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Don't Bet on Tripadvisor Stock's Recent Bounce Just Yet The shares of Tripadvisor (TRIP) are running into overhead pressure at the $26 level, and could soon run lower.
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Analysts Say These Stocks Can Rally 30% Or More As Investors Navigate A 'Perfect Storm Of Headwinds' Stocks with strong earnings growth are still good bets even in a down market, Citi analysts say.
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How BoB is building up its wealth management business The bank has designed an enhanced value proposition for around 250,000 customers based in top 30 cities
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Nithin Kamath's advise for investors for better portfolio returns in long run Zerodha co-founder Nithin Kamath asked investors to consider tax-loss harvesting for better portfolio returns in the long run.
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GameStop Stock Skyrockets After Billionaire Ryan Cohen Buys Another $10 Million In Shares GameStop shares skyrocketed as much as 20% Wednesday, after climbing more than 30% on Tuesday.
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An Alleged Fraud Uncovered by a Short Seller Ends in Gunfire

Wall Street Journal - 23 Mar 2022 18:00
The tale of an alleged Ponzi scheme, the short seller who investigated it and the FBI gunfight that ended it.
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Nvidia's Trillion Dollar Dreams

Wall Street Journal - 23 Mar 2022 17:13
The chipmaker's strong lead in electronic games and data centers doesn't let off the pressure of having to think even bigger.
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How Russia Can Blow Up the Uranium Market

Wall Street Journal - 23 Mar 2022 16:46
Russia's invasion of Ukraine is adding multiple sources of fuel to uranium's rally.
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Commodity giant Trafigura Group doubled the size of a credit facility with banks to more than $2 billion to weather extreme price moves sparked by the war in Ukraine.
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2 Bargain Funds Paying 7.9%, With Big Upside As Rates Rise Aside from the scaredy cats running money, there is also a misinformation campaign floating around about closed-end funds (CEFs).
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Russia Stock Exchange Will Finally Reopen After Ukraine Invasion--But Under These Restrictions The Moscow Stock Exchange, Russia's largest exchange group, has halted stock trading since February 28.
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If You're Confused About Student Loan Cancellation And The Student Loan Payment Pause, Then Here's What You Need To Know Here's what it means for your student loans.
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Russian Stock Market to Partially Reopen on Thursday

Wall Street Journal - 23 Mar 2022 14:20
Trading could eventually look very different, with a plan under discussion to split into separate markets for foreign and local investors.
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Will the Fed Sink Emerging Markets (Again)?

Wall Street Journal - 23 Mar 2022 14:19
Rate rises in the U.S. have led to emerging market financial crises in the past and might this time too, but don't worry so much about the usual suspects.
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Here are the financial tasks you must complete before 31 March Make minimum investment in PPF, SSY, NPS as defaulting leads to these accounts getting inactive and you will need to pay a default fee along with a re-subscription fee for reactivation
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China's Ailing Developers Delay Results as Audits Drag On

Wall Street Journal - 23 Mar 2022 14:16
Investors will have to wait to see the full damage in China's property sector, with developers including Evergrande and Kaisa saying they will miss Hong Kong's March 31 deadline for publishing audited annual results.
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