Tag: stocks

Investments In Old Ferrari Are More Profitable Than In US Stocks

Investments In Old Ferrari Are More Profitable Than In US Stocks

The demand for vintage cars of the legendary brand Ferrari led to a significant increase in their value. According to the index of a large insurance company Hagerty, the price of Italian classics increased three times compared with 2009. Thus, Ferrari is a more profitable object for investment than US stocks, which showed an increase of more than 150% on average, Bloomberg reports. (more…)

Japanese Companies Show Good Income And Provoke Stocks Growth

Japanese Companies Show Good Income And Provoke Stocks Growth

The Japanese stock market grew after the publication of reports about the increased income level of large companies. This situation is observed against the background of a fading in global trade tension and the beginning of a dialogue between Washington and the representatives of the European Commission on the removal of economic barriers in the industrial sector. (more…)

Oil Prices Rise Against Asian Stocks Falling

Oil Prices Rise Against Asian Stocks Falling

On May 15, Asian shares fell in price after a late rally against the fact that investors are still cautiously considering key economic and political risks. Meanwhile, the lack of market proposals keeps oil prices at the level of two-year maximums. (more…)

Stocks Move Up as US-China Trade Tension Eases

Stocks Move Up as US-China Trade Tension Eases

China and the United States officials have finally started closed negotiations about the further structure of trading relations between the countries. Market participants hope that the world’s largest economies will be able to find a compromise and prevent the large-scale trade war. As a result, the degree of tension is decreasing, and the shares of Asian companies are beginning to win back losses. (more…)