Tag Archives: election:

Dividend stocks can help tide over election volatility; here are IDBI Capital’s 15 picks

Indian market created history this week as Sensex and Nifty both hit record highs. The S&P BSE Sensex surpassed 39,000 to hit an all-time high of 39,270 whereas the Nifty50 surpassed 11,700 to hit a life high of 11,761 on April 3. History suggests that whenever the market makes highs, it is the high beta pack that rallies the most. But in ... Read More »

In a deepening crisis, Sri Lanka president dissolves Parliament, calls for election

Sri Lanka’s President Maithripala Sirisena dissolved Parliament and called for fresh elections amid a deepening political crisis. An official notification signed by Sirisena announced the dissolution of Parliament effective midnight Friday. It said the names of candidates will be called before Nov. 26, and the election held on Jan. 5. The new Parliament is to be convened on Jan. 17. ... Read More »

Kenya election: Uhuru Kenyatta defeats Raila Odinga

Kenya’s President Uhuru Kenyatta has been re-elected following Tuesday’s vote, election officials say. Mr Kenyatta, in office since 2013, took 54.3% of votes, ahead of his rival Raila Odinga, with 44.7%. After the announcement, Mr Kenyatta called for unity, telling opposition supporters: “I reach out to you… We are all citizens of the same republic”. But the opposition rejected the ... Read More »

Confidence Boomed After the Election. The Economy Hasn’t.

After Donald J. Trump won the presidential election, Americans’ optimism about the economic future soared. But midway through the year, that optimism has not translated into concrete economic gains. This seeming contradiction exposes a reality about the role of psychology in economics — or more specifically, how psychology is connected only loosely to actual growth. It will take more than ... Read More »

Election debacle leaves UK government in a minority on eve of Brexit talks

British Prime Minister Theresa May addresses the country as her husband looks on after Britain’s election at Downing Street in London, Britain, on 9 June. Photo: Hannah Mckay/Reuters   London: British Prime Minister Theresa May said she would lead a minority government backed by a small Northern Irish party after she lost an election gamble days before the start of ... Read More »

Stocks close lower as Wall Street braces for French election, but post weekly gains

U.S. stocks closed lower in choppy trade Friday as investors looked ahead to the French election. Wall Street also digested falling oil prices and comments from the Trump administration on tax reform. The Dow Jones industrial average fell about 30 points with IBM contributing the most losses. The index briefly turned positive in afternoon trade after President Donald Trump told ... Read More »

Pound recovers ground after US election

The pound has continued to recover ground following this week’s US election result. The news will bring some respite to businesses that import goods, and to holidaymakers buying foreign currency. For the first time in five weeks sterling is worth $1.26, having sunk as low as $1.21 a month ago. That is a rise of about 4%. Against the euro, ... Read More »

US Election 2016: Markets meltdown fails to materialise

US share markets have shrugged off fears that a Donald Trump election victory could lead to a large Wall Street sell-off. The S&P 500 and Dow Jones indexes were up 1% in late morning trading, with the Nasdaq also in positive territory. The pre-open future markets forecasted dramatic sell-offs when Donald Trump’s lead became clear overnight. Share traders had expected ... Read More »

Schaeuble says Germany must stick to no new debt policy after 2017 election

German Finance Minister Wolfgang Schaeuble said on Sunday it was important that Germany sticks to its fiscal policy of taking on no new debt after next year’s federal election as it was necessary to reduce public debt. In July government sources said Germany wanted to stick to plans for a balanced budget over the next four years and reduce its ... Read More »

The Guardian view on the Irish election: economic pain for no political gain

The voters don’t do gratitude, self-pitying politicians are wont to moan. For technocratic admirers of Dublin’s outgoing Fine Gael/Labour coalition, the Irish election of 2016 has proved the point. In 2011, a near-bankrupt and recently bailed-out republic turned to Enda Kenny as a new broom, and his government enjoyed a record majority. Five years on, the economy is growing at ... Read More »