Markets News 

How Innovative Companies Help Frontier Markets Grow

“And the third type, which is one that many frontier markets are known for is what we call efficiency innovations” reports hbr.org. We see a similar thing happen with successful companies that go into frontier markets.There was a time when the demographics in the United States resembled or were even worse than many of the demographics in frontier markets today.ALISON BEARD: So, my first reaction and I think many people’s reaction when hearing your premise is that undeveloped markets — frontier markets — just really aren’t easy places to do…

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Markets News Stocks 

Stocks trade mixed as U.S. and China kick off latest round of trade talks; Walmart jumps

“U.S. stocks struggled for direction Tuesday as U.S. investors return from a three-day weekend as another round of U.S.-China trade talks begins in Washington” writes Deputy Markets Editor for marketwatch.com. Gains last week were fueled in part by upbeat expectations surrounding U.S.-China trade negotiations.In Europe, stocks were trading lower Tuesday, with the Stoxx Europe SXXP, -0.27% down 0.4%.AAP, +1.37% stock fell 0.6%, after the firm reported fourth-quarter profits that topped analyst forecasts but saw same-store sales growth fall short. Source: marketwatch.com

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Markets News Stocks 

Trump says ‘stock market would be down 10,000 points by now’ had ‘the opposition’ won the election

“Perhaps more than any other president, Trump has hitched his success to that of the stock market” writes Mark Decambre for marketwatch.com. MarketWatch’s Trump Scoreboard puts both the market and the economy in perspective.He has signed into law a late-2017 corporate tax cut that delivered a fillip to U.S. stocks.President Donald Trump on Tuesday tweeted that the stock market would effectively have crashed had he lost the 2016 race for the White House, reiterating a number of similar statements he has made that have assigned credit to his administration for…

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Markets News Stocks 

European markets struggle as investors respond to HSBC and BHP earnings

“European stocks were down on Tuesday, as investors responded poorly to earnings from HSBC and BHP Group while trade negotiations between the U.S. and China continue in Washington” writes Emily Horton for marketwatch.com. The markets mainly reacted to the latest set of company earnings from heavyweights HSBC Holdings PLC HSBC, +1.01% HSBA, -3.98% HSBA, -3.98% and the world’s largest listed miner by market value BHP Group BHP, -1.03% HSBC Holdings PLC HSBC, +1.01% HSBA, -3.98% reported lower than expected fourth-quarter profits, leading to a 3% drop in the share price.Results…

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Markets News 

Europe’s largest bank, HSBC, misses expectations in 2018 earnings

“Europe’s largest bank, HSBC, said on Tuesday that 2018 net profit came in below expectations following a challenging fourth-quarter when markets globally experienced a sharp sell-off and reduced activity” writes Yen Nee Lee for cnbc.com. The bank’s reported pre-tax profit for the whole of 2018 was $19.89 billion, 15.9 percent higher than the previous year.Hong Kong is a key market for HSBC, accounting for around one-third of overall revenue in the first nine months of 2018.The London-headquartered bank was expected to record a 23.8 percent jump in reported pre-tax profit…

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Markets News Stocks 

Associated Press & MarketWatch

“Optimism surrounding U.S-China trade talks boosted indexes on Friday” reports etfdailynews.com. From Associated Press & MarketWatch : Asian markets were broadly higher on Monday as traders looked forward to the continuation of trade talks between Chinese and American officials in Washington this week.Investors were worried about progress on thorny issues like Washington’s unhappiness over Chinese technology and trade policies.Year-to-date, VPL has declined -9.77%, versus a 4.35% rise in the benchmark S&P 500 index during the same period.U.S. markets are closed Monday for Presidents Day. Source: etfdailynews.com

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Markets News 

Asian markets rip higher as Trump praises ‘very productive’ trade negotiations with China

“Asian markets surged to start the week Monday as investors took heart from positive comments surrounding ongoing trade negotiations between the US and China” writes Will Martin for businessinsider.my. The US and China resume trade talks in Washington this week.Read more: This is the only chart to watch ahead of the world’s impending economic slowdown “In the absence of data, politics (trade) is likely to dominate markets. Source: businessinsider.my

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Crypto Markets News Stocks 

Crypto Markets See Bullish Growth, Asian Stock Markets Rally Ahead of US-China Trade Talk

“Monday, Feb. 18: Crypto markets are seeing a bullish surge of green, with all of the top twenty cryptocurrencies seeing growth of between 2 and 12 percent, as data from Coin360 shows” writes Marie Huillet for cointelegraph.com. Ripple (XRP) is seeing milder growth on the day and is trading around $0.309 at press time.The leading altcoin has seen consistent growth over its 7-day chart, which markedly accelerated this weekend, bringing its weekly gains to just over 13 percent.Despite trading at a lower price point to Ethereum, Bitcoin Cash (BCH) —…

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Markets News 

Dollar remains a tad softer ahead of European markets open

“The more optimistic sentiment is helping to boost currencies like the aussie and kiwi on the day so far” reports forexlive.com. The greenback is joined at the bottom of the pile by the Japanese yen as both currencies are trading softer as markets remain hopeful of further progress in trade talks between US and China later this week.Nonetheless, the pound remains more perky than it was last week, as cable shifts back above the 100-day moving average and the near-term bias is favouring buyers more currently. Looking ahead, we may…

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Markets News 

Egypt, China discuss enhancing bilateral tourism relations

“During the meeting, Bahgat stressed the importance of the Chinese market as one of the most promising tourism markets, assuring that the state is aiming to attract more Chinese tourists to Egypt” writes Nihal Samir for dailynewsegypt.com. Agreeing with Saad, the former Head of International Tourism at the Tourism Promotion Authority, Ahmed Shoukry, told DNE that the number of Chinese tourists is increasing, assuring that Egypt needs to increase the capacity of the direct flights between Egypt and China, as the Chinese market is a very beneficial market for Egypt. Source:…

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