Markets & Industries
MSCI did not fulfill hopes of Chinese businessmen - 06/15/2016
MSCI Index Provider has not included shares of mainland Chinese companies (class A) in MSCI Emerging Markets (an index for the emerging markets). This step came as a surprise to investors and Chinese companies, as they have waited a year, writes Wall Street Journal. A positive decision could lead to tens of billions of dollars-worth injection in the Chinese companies’ shares, since global funds...
Suspicious transactions before purchase of LinkedIn brought $ 2 million to traders - 06/14/2016
A suspicious activity on the exchange market has been observed on the eve of Microsoft’s announcement on purchase of LinkedIn. In particular, purchase of LinkedIn’s options brought $ 2 million to traders. That there were no rumors about the imminent acquisition of LinkedIn, yet 621 option to buy LinkedIn’s shares at $ 160 apiece were purchased on Friday in the course of trading on the NASDAQ...
The global arms market showed maximum growth in 2015 - 06/13/2016
The global arms market in 2015 has peaked dramatically compared to the last 10 years, reports Bloomberg referring to IHS Global Defence Trade Report. According to the study, the main growth driver in the arms market last year was demand for weapons from Saudi Arabia. According to the IHS study, the volume of world arms market got 10% higher than that in 2014, and amounted to $ 65 billion. Reason...
World prices for luxury goods in different countries are aligning - 06/10/2016
World prices for luxury goods will be equalized across countries due to rising demand from the middle class, unprecedented price transparency and the Chinese government's desire to increase tax revenues. This is the conclusion of Exane BNP Paribas’ analysts, who composed a joint study with Deloitte. The price alignment will serve as a deterrent to the growth in revenues and margins. In addition,...
Metamorphosis of the gaming industry at E3 - 06/09/2016
There is not much time left before the world's largest exhibition in the gaming industry, which will be held in Los Angeles. E3 starts its work next week on Tuesday, June 14, which means that we are waiting for another dive into the world of new products in the virtual entertainment industry. How has it changed in recent years? E3 has been held since 2006. It has always been a bright, spectacular...
Europeans are getting disillusioned with business in China - 06/08/2016
European companies are getting increasingly disappointed in prospects of doing business in China. The worsening business climate in the country continues to affect mood of foreigners. About 31% of European companies are pessimistic about the future profits from China, according to a survey presented in a joint report by consulting company Roland Berger Strategy Consultants and the European Union...
Will electric cars save the planet? Perhaps, but not now - 06/07/2016
In its new report, the International Energy Agency (IEA) says that number of electric vehicles reached 1.26 million throughout the world in 2015. Currently, there are 400 thousand EVs in the US, which is a sharp rise compared to 2010. However, this is much less than indicated by President Obama's target of 1 million electric cars by 2015. Meanwhile, China has become the largest sales market for...
Saudi Arabia raised oil prices in Asia and the US - 06/06/2016
State Oil Company of Saudi Arabia, Saudi Aramco raised its selling prices for almost all varieties of petroleum supplied to Asian countries and the USA. 80%-growth of oil prices since the beginning of the year hinted Riyadh that it will remain the largest exporter in the world, even by raising the raw materials prices. Saudi Aramco raised the price for almost all of its oil varieties delivered to...
Payday loans to be exiled from the US - 06/01/2016
June 2, US Consumer Financial Protection Bureau (CFPB) will unveil its proposals for regulation of the microfinance industry. Its suggestions will not affect interest rate (the Dodd-Frank Act prohibits such restrictions). However, the regulator is likely to introduce new and more stringent rules, which may lead closing of a considerable part of the sector. Approximately 12 million Americans take...
Green energy investments are at the height - 06/01/2016
At the end of 2015, investments in alternative energy and introduction of new generating capacity throughout the world reached a new record. Experts note that the interest in alternative energy has not decreased, even against the background of the fallen oil prices. One-third of the world's investment in alternative energy sources has come from China. ‘Renewables 2016 Global Status Report’ was...