Markets


Obama, Trump hold wide-ranging conversation during first post-election meeting Obama, Trump hold wide-ranging conversation during first post-election meeting
- November 12, 2016

In the letter, Tusk offers his "sincere congratulations" to the new president on behalf of the European Union and invites Trump to visit Europe to meet up with EU officials as soon as possible. After his conversation with the former president, Trump called him "Very, very, really very nice". "We owe him an open mind and the chance to lead". (more...)
Facebook fixes glitch that turned profiles into memorial pages Facebook fixes glitch that turned profiles into memorial pages
- November 12, 2016

Still, most Americans said that they get at least some news from social media, mostly Facebook, per the Pew Research Center. Facebook Friday: Mark Zuckerberg is dead. The company apologised for the error and said it had been resolved. People using Facebook's app also reported seeing the message. Facebook users have expressed confusion after receiving a banner message on their profile pages and news feeds, which flagged their account as memorialised, as if they had died. (more...)
New Balance Supports Donald Trump?
- November 12, 2016

Marketers can not assume consumers are approaching political issues from the same perspective their brand is, and New Balance has potentially alienated the significant portions of the country that did not vote Trump . A number of people have posted clips online throwing shoes in the bin, and now people are even going to the extreme of burning their pairs New Balance in protest. (more...)
Clinton Leads in Early Voting, But Election Day Voters Back Trump Clinton Leads in Early Voting, But Election Day Voters Back Trump
- November 12, 2016

Doing really well in North Carolina. With him was his wife, Melania, who rarely campaigns with her husband. In the final stretch of the campaign, a scuffle broke out at a Trump rally in Reno, Nevada, on Saturday night and the Republican candidate was rushed off stage by the Secret Service when someone in the crowd shouted "gun". (more...)
Indian rupee cancellation leaves some Canadian residents with worthless cash
- November 12, 2016

As a result, people formed long queues outside banks to exchange their demonetized 500 and 1,000 rupee notes, but some still returned empty-handed. Many people managed to get cash after failing to do despite repeated visits to the bank yesterday and a wait of upto four hours and more in queues today. (more...)
Fear and rubber bullets: Trump protesters continue flooding streets
- November 12, 2016

The wave of protests began just hours after Trump's stunning upset victory over former Secretary of State Hillary Clinton was confirmed early Wednesday, and demonstrations have sprung up daily since then in more than a dozen US cities. Almost 150 protesters were in custody Friday morning after they were rounded up during a march through downtown LA over the presidential election results. (more...)
Banks have enough cash for exchange of demonetised notes: RBI Banks have enough cash for exchange of demonetised notes: RBI
- November 12, 2016

Chaos reigned as some ATMs did not open at all in the two cities. All ATMs were non-functional, with printed notices saying they had no cash. "Though the government's intention may be good and lofty to curb black money or fake (counterfeit) money, its execution is shoddy as thousands of ordinary customers are made to suffer for no fault of them, as the RBI (Reserve Bank of India) and the banks have failed to assess the demand-supply gap", a bank union general secretary A.N. (more...)
When Facebook mourned the death of owner Mark Zuckerberg, million others
- November 12, 2016

In a statement sent to several media outfits, Facebook called the incident a awful error and claimed it has taken the messages down with alacrity. "Poor Mark", read an @JudiD23 tweet that included weeping face emojis. "I do think there is a certain profound lack of empathy in asserting that the only reason someone could have voted the way they did is because they saw some fake news". (more...)
United States of America vs. Mexico: Score, Goals & Match Highlights United States of America vs. Mexico: Score, Goals & Match Highlights
- November 12, 2016

Marquez's penultimate victor came in the 89th minute on Mexico's first and only corner kick of the match where he was completely unmarked at the near post; Guzan was visibly furious with his teammates' marking, or lack thereof. The top three teams at the end of the round will advance to the 2018 World Cup. Mexico almost doubled its lead in the 25th, as Vela's header hit the crossbar, giving warning to the USMNT defense again. (more...)
Woman runs into Hillary Clinton out hiking day after concession speech
- November 12, 2016

Gerster posted the photo to her Facebook page Thursday afternoon and it quickly spread. The fundraiser their family hosted may have been during the period of time Clinton was running for senator or when she served as senator for NY. "We were the only ones there and it was so lovely and relaxing", she wrote. "And you know, we all want to know how she's holding up". Gerster and her sister posed for a photo with Clinton inside the restaurant which happens to be one of the politician's ... (more...)
Bank stocks continue rally; bond yields, dollar rise
- November 12, 2016

Jasper Lawler, a market analyst with CMC Markets, said: "The much-feared election of Trump didn't cause the one-way negative reaction many expected". Traders are selling bonds to hedge against the possibility that interest rates, which have been ultra-low for years, could rise steadily again under a Trump administration, said Tom di Galoma, managing director of trading at Seaport Global Securities. (more...)
Noren ahead in South Africa, Stenson falls 7 shots off lead Noren ahead in South Africa, Stenson falls 7 shots off lead
- November 12, 2016

The Swede came into Friday's play one shot behind the leading trio of Ross Fisher, Wang Jeung-hun and Felipe Aguilar, but ended the day two clear of a chasing pack of five. But he is now seven shots off pace-setter Noren. Zanotti had earlier recorded the first hole-in-one in the history of the tournament with his 7-iron from the tee on the short fourth hole rolling in. (more...)
Jean-Claude Juncker: Trump poses a risk to EU-US ties
- November 12, 2016

Speaking to students at a conference in Luxembourg on Friday, Jean-Claude Juncker said the 70-year-old former reality TV star was ignorant of the European Union and its workings, and would "waste time for two years" while touring a world "he is completely unaware of". (more...)
Obama administration leaves TPP deal in President-elect's hands Obama administration leaves TPP deal in President-elect's hands
- November 12, 2016

President-elect Donald Trump, as expected, scraps an agreement reached with President Barack Obama. The free trade agreement also was seen as a counterweight to a rising China. Advocates for the TPP pact argue that ditching the deal will compromise the nation's leadership position in the Asia-Pacific and potentially imperil relationships with key allies while China moves quickly to fill the economic and geopolitical void. (more...)
Facebook founder, Zuckerberg wrongly declared dead Facebook founder, Zuckerberg wrongly declared dead
- November 12, 2016

However, the social network yesterday apologized saying that it was a bad error and that it worked as quickly as possible to correct the problem. It reported that the error has been completely fixed as of 4 p.m. The social network on Friday apologized and said it work as quickly as possible to correct the problem. It also contained a link which allowed their profile to be updated to a memorial page. (more...)
Dow Jones Hits Record High
- November 12, 2016

With trade lightened by the Veterans day holiday, the Dow edged up 0.2 per cent to a new record at 18,847.66, scoring its best week in five years. Sliding tech shares weighed on the Nasdaq Composite Index (NYSEARCA:QQQ), which fell 0.8% to 5,208.80. (more...)
Here's What the Impact of a Trump Administration Will Be on Asia Here's What the Impact of a Trump Administration Will Be on Asia
- November 12, 2016

In Asia, political tensions are growing in South Korea, where President Park Geun-hye faces pressure to resign at the same time the nuclear stand-off with North Korea has intensified. One US dollar could buy about $1.409 yesterday, from $1.39 on Wednesday. In fact, China met only one of the criteria (the trade surplus), while Japan, Korea, Germany, Taiwan and Switzerland each met two. (more...)
Victim's family say United Kingdom tram crash 'nightmare'
- November 12, 2016

The only woman to have been killed in the crash was named in reports as 35-year-old Dorota Rynkiewicz, a mother with two young daughters from New Addington. Emergency services called to the Sandilands tram stop at around 6:10 a.m. 'The derailment occurred on the curve and initial indication suggest that the tram was travelling at a significantly higher speed that is permitted'. (more...)
Tributes to passengers killed in Croydon tram derailment
- November 12, 2016

The 20-year-old said when the tram crashed he tried to find his friend. Nineteen-year-old Dane Chinnery was identified on Thursday as the first known victim of the derailment that left seven dead and three seriously injured on Wednesday morning. (more...)
NATE SILVER: 'There's been a potential breach' of Hillary Clinton's 'electoral firewall' NATE SILVER: 'There's been a potential breach' of Hillary Clinton's 'electoral firewall'
- November 12, 2016

Clinton is portraying Trump as someone who doesn't care about minorities and women. Western Michigan University Political Science Professor Peter Weilhouwer says "Michigan has voted reliably democratic for the last several presidential elections, but the Clinton campaign is spending an very bad lot of time in a state that is supposed to be pretty secure for her". (more...)

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