Stock markets – InfoStride News

Henley & Partners’ 2023 Centi-Millionaire Report reveals the Emergence of a New Class of Super-Rich

Adewale A. — Tue, 10 Oct 2023 21:57:54 +0000

There are currently 28,420 centi-millionaires in the world, more than double the number 20 years ago, and an increase of 12% compared to this time last year, according to the 2023 Centi-Millionaire Report released today by wealth and investment migration advisors Henley & Partners and featuring exclusive data from global wealth intelligence firm New World [...]

Source from InfoStride News

China’s Currency Wars rattle African Economies, shakes Global Stock Markets

AMA — Tue, 01 Sep 2015 20:05:45 +0000

Since China’s devaluation of the yuan last month, an estimated $5tn has been wiped off global stock markets. Jolting financial markets, emerging and developing nations have been the hardest hit and have seen their currencies fall to multi-year lows. Albert Essien, the CEO of the pan-African bank EcoBank, joins the programme to discuss the impact [...]

Source from InfoStride News

#StockMarkets: EU markets surge, confident on reforms despite vote shock

Adewale A. — Mon, 26 May 2014 17:20:46 +0000

Italy led European stock markets on Monday in a robustly positive reaction to European Parliament elections which put conservatives in a leading position, but also gave anti-EU forces a huge boost in France and Britain. The euro and sterling steadied…

Source from InfoStride News

European stocks flat amid China growth slowdown

Niky Adeowo — Mon, 20 Jan 2014 13:28:14 +0000

Europe's main stock markets were largely flat on Monday after losses in Asia as traders reacted to China's latest economic growth data. London's FTSE 100 index of top companies dipped 0.03 percent to stand at 6,831.11 points around midday in the British…

Source from InfoStride News

European stock markets higher before rate decisions

Ade Adewale — Thu, 09 Jan 2014 15:33:51 +0000

European stock markets rose on Thursday as investors awaited monetary policy decisions from the ECB and Bank of England and reacted to an upbeat outlook from the US Federal Reserve. Frankfurt's DAX 30 index advanced 0.43 percent to 9,538.92 points and…

Source from InfoStride News

European stocks rise in low-volume trade

Ade Adewale — Sun, 05 Jan 2014 00:16:25 +0000

European stock markets moved higher on Friday in low-volume trade, aided by upbeat Spanish unemployment figures, but gains were capped after sharp losses elsewhere following more weak data from China. In afternoon deals, London's benchmark FTSE 100…

Source from InfoStride News

Twitter tumbles after warning on overvaluation

Adewale A. — Fri, 27 Dec 2013 22:03:32 +0000

Twitter shares tumbled Friday after a brokerage analyst warned the popular messaging network was overvalued following a meteoric rise since its initial public offering in November. Twitter shares closed down 12.99 percent at $63.79. But the stock has…

Source from InfoStride News

Bob Diamond returns to the City with launch of new Africa banking business

Adewale A. — Tue, 10 Dec 2013 13:48:57 +0000

Banker ousted from Barclays floats £150m fund for venture in Africa, with Nigeria rumoured to be starting point for investment

Source from InfoStride News