Tag: stock market

BUSINESS

Airbnb Goes To Market To Raise US$3 Billion

Home rental company Airbnb Inc is aiming to raise around US$3 billion in its upcoming initial public offering (IPO). Airbnb will be one of the largest and most anticipated U.S. stock market listings of 2020 which has already been a blockbuster year for IPOs. The company’s current plan is to make its filing publicly available in November after the U.S […]

BUSINESS

Jamaica Stock Market Boom Continues

There was a double-digit increase in income and profit at the Jamaica Stock Exchange (JSE) during the April to June quarter. Total income rose 35.8 percent to $429 million. The JSE’s net profit was at $121.8 million, which was a 35 percent increase over last year. Late last year, leading U.S. financial media outlet noted that Jamaica’s benchmark index gained […]

Jamaica

PM Holness Lauds Bloomberg’s Applaud Of Jamaica’s Stock Market

In the light of Bloomberg’s favorable report on Jamaica stock market performance, Prime Minister, the Most Hon. Andrew Holnes has commended the Jamaica Stock Exchange (JSE) for its achievement on being declared the Best Performing Stock Market globally in 2018 by the publication Businessweek. The Prime Minister, while speaking at the JSE’s 14th Regional Investments and Capital Markets conference recently, […]

BUSINESS Commerce

Stock Market Shows Signs Of Volatility

The stock market continues to show its yo-yo like behavior this week with the Dow losing 362 points, or 1.4%, to pace losses as all the major indexes closed in the red.  U.S. stocks have gone up for too long, too consistently, some investors and analysts have argued. In fact, there hadn’t been so much as a day with a […]

BUSINESS

China’s Stock Market Tumbles…

After news announced brokerage investigation The news that several major brokerage firms were under investigation jerked China’s main share index into a spin, resulting in a 5% decline at trading closure. The Shanghai Composite index took its biggest hit since August falling at the end of the day 5.5% lower at 3,436.3 points. The announcement mid-week that China’s securities regulator was […]