Tag: Stocks

5 Top Stocks from the Prospering Foreign Banks Industry

by  on  in foreign business

The Zacks Foreign Banks Industry is likely to tide over the broader challenges as developments on coronavirus vaccine front will aid economic recovery. Though the low rates remain headwind, the developed nations and the emerging economies are anticipated to make the backdrop favorable for their banks, going forward.

Gradual easing of regulations is anticipated to support the industry as well. Thus, some of the industry players like Royal Bank Of Canada (RY), Toronto Dominion Bank (TD), UBS Group AG (UBS), Shinhan Financial Group (SHG) and Bank of N.T. Butterfield & Son Limited (NTB) will likely benefit from these developments.

Industry Description

The Zacks Foreign Banks Industry consists of overseas banks that also have operations in the United States. Since a foreign banking organization might have both federally- and state-chartered offices in the country, the Federal Reserve plays a major role in supervising their U.S. operations.

In addition to providing

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The best brokers for trading foreign stocks – MoneyWeek

by  on  in foreign business

How easy is it to buy Asian stocks, rather than funds?

I get asked this question all the time. The good news is that it’s much easier to dip a toe in Asian markets than most assume.

So this week, I’m going to go over the basics. First, I’ll tell you which UK brokers you can use for straightforward markets such as Hong Kong and Singapore.

Then secondly, because so many of you have asked, I’ll take a quick look at how to open a brokerage account in Asia – this is for those investment options that you can’t easily get within the UK.

The best broker for beginners

Most Asian markets are open to foreign retail investors in principle. There are two main exceptions. One is India, which restricts access to individuals with Indian ancestry (known as Non Resident Indians or NRIs). The other is Chinese A-shares listed in

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Coronavirus latest: Canada approves Pfizer jab; US stocks touch high

by  on  in foreign business

Nikkei Asia is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan.

Global cases have reached 68,414,122, according to Johns Hopkins University in Baltimore. The worldwide death toll has hit 1,560,630.

To see how the disease has spread, view our virus tracker charts:

Thursday, Dec. 10 (Tokyo time)

1:25 a.m. What other COVID-19 vaccines are under development around the world, and what challenges do scientists still face? This visual data presentation from Nikkei provides some facts.

1:10 a.m. The Canadian Broadcasting Corp. reports that the Pfizer/BioNTech vaccine against COVID-19 has been approved for use in Canada.

Maj.-Gen. Dany Fortin, a former NATO commander in Iraq, is in charge of logistics for vaccine distribution, the CBC says.

12:30 a.m. U.S. stocks rally on hopes for early distribution of COVID-19 vaccines, only to give up early gains.

The Dow Jones Industrial Average touches a

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TENCENT HOLDINGS ADR (TCEHY), Sea Limited (NYSE:SE) – NERD ETF Co-Founder Talks Tencent, Sea Constrained, Foreign Gaming Stocks

by  on  in foreign business

The Roundhill BITKRAFT Esports & Digital Enjoyment ETF (NYSE: NERD) owns stocks from 13 countries, together with some that trade on exchanges outside the house of the United States.

Benzinga spoke to Roundhill Investments Co-Founder Will Hershey to get his ideas on the world-wide esports market place. 

“When you glimpse at the world of gaming and esports, it’s quite much [of] a world nature,” Hershey stated, including that China and South Korea are leaders in the esports market place.

Tencent Gives Good Publicity: Irrespective of running a gaming ETF, Hershey said Tencent Holdings (Pink: TCEHY) is a “mini-gaming ETF.”

Tencent owns Riot Video games, the creators of the world’s most preferred activity, “League of Legends,” and also owns a stake in “Fortnite” creator Epic Online games. Tencent offers a diversified investment, Hershey said. 

Tencent is also serving to big gaming companies convert AAA titles to cell and become playable and

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