APPLE KOREA TO OPEN SECOND RETAIL OUTLET TO SMOTHER COMPETITION AMIDST ROBUST SALES

• Apple Korea gave an announcement on Monday that it would open its second South Korean store in Yeouido, the financial district in north-western Seoul.
• This was done as part of a tactic to expand its sales and services in the country.

Although the Seoul...

SAMSUNG C&T HANKERING FOR VIETNAMESE COAL FIRED PLANTS AGAINST INVESTOR DECISIONS

• Potential investors in Samsung Construction & Trade (C&T) and Korea Electric Power Corp. (KEPCO) are still unbinding over the companies' comments to stall participation in overseas coal-fired power plant projects, saying the comments came a little late, right after approving p...

AKAP’S TERSE MESSAGE TO SAMSUNG C&T TO SUMMARILY TERMINATE VIETNAMESE COAL PROJECT

• AkamdemikerPension (AkaP), a Danish pension fund and a shareholder in Samsung Group companies, is calling for the conglomerate's construction unit.
• Samsung C&T, to put an end to financing and building of new coal-fired power plants across the world, voicing a number of ...

THAILAND ROYAL ARMY STRIKES DEALS WITH TATA MOTORS, TO BUY 600 MILITARY TRUCK

HIGHLIGHTS

• Thailand's Royal Thai Army is putting in a request for 600 military trucks with Tata Motors. The Royal Thai Army is finishing its acquisition of more than 600 Tata LPTA military trucks, Chutintorn Sam Gongsakdi, Ambassador of Thailand to India, me...

EUROPEAN STOCK MARKET REBOUND ON WEDNESDAY

Highlights –

• The European stock market rebounded on Wednesday.
• The share market index gained mostly due to pharmaceutical company’s boost in vaccine making.
• The pan-European STOXX 600 rose by 0.9%.
• U.S. biotech firm ...

EUROPEAN STOCK MARKET SAW GAINS ON MONDAY TRADING

Highlights –

• European stock market saw gains on Monday trading.
• Investors are seen delving into stimulus packages aided by governments.
•  The pan-European STOXX index rose by 0.5%.
• Companies listed on the STOXX 600 are ...

EUROPEAN STOCK MARKET ON A RISE TODAY

Highlights –

• European stock market on a rise today.
• Pan-European STOXX 600 climbed 1.6%.
• Europe’s tattered banking index .SX7P jumped 4%.
• SXAP, .SXNP, .SXEP and luxury goods makers also gained.

The ...

EUROPEAN STOCK MARKET TRADED ON A LOWER TONE IN THE NEW QUARTER

Highlights –

• European stock market trade on a lower tone in the new quarter.
• The pan-European STOXX 600 index rose 0.2% by 0718 GMT.
• The German DAX .GDAXI gained 0.7%.
• Drugs and pesticide maker Bayer (BAYGn.DE) jumped 3.4%....

EUROPEAN STOCK MARKET SAW NO MAJOR CHANGES ON TUESDAY

Highlights –

• The European stock market showed the uninterest of investors on Tuesday.
• The pan-European STOXX 600 index rose 12.5% since March 2015.
• However, the index is down 13.5% for the year.
• German DAX .GDAXI rose 0.2%...

EUROPEAN STOCK MARKET HAS OUTPERFORMED WORLD STOCKS IN SECOND HALF OF 2020

Highlights –

• Pan-European STOXX 600 has outperformed itself in the world stock market.
• The second half of 2020 shows European stocks put steady ground on Wall Street.
• The common currency has risen by 4%.
• Eurozone Flash Comp...

FRIDAY EUROPEAN STOCK MARKET SAW STEADY RISE

Highlights –

• With positive company updates, the European stock market saw a steady rise on Friday.
• Pan-European STOXX 600 index was up 0.4%.
• British Airways owner IAG (ICAG.L) and easyJet (EZJ.L) shares rose about 2%.
• Air F...

PURCHASING MANAGER’S INDEX LIKELY TO IMPROVE; STOCK MARKET RISE BY AN INCH

Highlights –

• The European share market climbed a little higher than yesterday.
• U.S-China Phase One trade deal may have led to this improvement.
• Pan-European STOXX 600 index rose 1.1%.
• Eurozone Purchasing Managers’ Ind...

EUROPEAN STOCK MARKET GAINS STEADY DUE TO POSSIBLE EU RECOVERY FUND

Highlights –

• EU may have a possible joint recovery fund budget for its bloc members.
• The European share market saw a steady rise for the same.
• The STOXX 600 index is set to end the week higher on Friday.
• The pan-European ST...

POSSIBLE SECOND WAVE OF INFECTIONS MAKES INVESTORS RETREAT FROM SHARE MARKET

Highlights –

• Thursday the European share market saw a slight fall.
• Investors withdrew from spending due to possible new infections of COVID-19.
• The pan-European STOXX 600 index fell 0.3%.
• Oil & gas .SXEP, miners .SXPP a...

EUROPEAN STOCK MARKET SUFFERED EXTENSIVE LOSS

Highlights –

• European shares suffered extensive losses in the stock market.
• U.S Federal Reserve economic outlook and second wave of COVID-19 cases triggered the market.
• The pan-European STOXX 600 fell 4.1%.
• Automobile stock...

EUROPEAN STOCKS TRADE LOW DUE TO SHIFT IN INVESTMENT

Highlights –

• Pan-European STOXX 600 closed 0.3% lower.
• Europe’s healthcare index .SXDP dropped 0.6%.
• Eurozone banks .SX7E jumped 2%.
• Eurozone stocks .STOXXE has rallied 39% from March lows.

According...

EUROPEAN STOCK MARKET STEADY GAINS ON FRIDAY

Highlights –

• The announcement made by ECB yesterday did not disturb the stock market with major changes.
• European shares resumed back with a steady index from yesterday.
• The pan-European STOXX 600 gained 1.3%.
• Bank sto...

EUROPEAN STOCK MARKET ATTAINS SLIGHT LOSS THIS THURSDAY

Highlights –

• The announcement made by ECB leads to a slight decline in the European share market.
• Uncertainty among the investors with ECB’s possible bond purchases.
• The pan-European STOXX 600 index slipped 0.4%.
• Euro...

EUROPEAN STOCK MARKET SEES A STEADY RISE

Highlights –

• European shares gain due to insurer Allianz and carmaker Renault on Wednesday.
• The pan-European STOXX 600 rose 1.2%.
• COVID-19 vaccine helped STOXX 600 recover about 35% from March lows.
• Renault SA (RENA.PA) jum...

U.S SURPASSES DEATH TOLL OF ITALY WITH WORST STILL TO COME!

• U.S. now has surpassed Italy in registering the largest number of deaths in any country.
• However, the numbers are still in its infancy given that the death toll may peak any moment.

The death toll in U.S. has reached 19,700 patients who have died due to corona...