Business

South Korea's President to send delegation to China amid frayed ties

South Korea's President to send delegation to China amid frayed ties

President Donald Trump congratulated Moon on his victory in Tuesday's snap election and invited South Korea's new leader to visit the White House. Beijing's displeasure over THAAD has reportedly been felt by South Korean businesses, particularly Lotte, the South Korean conglomerate that signed off on a land swap deal with the government to provide a site for the THAAD launch systems in late February.



Stock within Traders Observation: New York Community Bancorp, Inc.'s (NYCB)

The company has 12.10% returns on equity value while its ROI ratio was 5.20%. The Company's activities are divided into two divisions: Banking Operations and Residential Mortgage Banking. NYCB's profit will be $96.76 million for 16.23 P/E if the $0.20 EPS becomes a reality. New York Community Bancorp (NYSE:NYCB) last released its quarterly earnings data on Wednesday, April 26th.



OPEC, non-OPEC see need to extend supply-cut pact - Saudi governor

With the spectre of surging USA shale output evidently negating Organization of the Petroleum Exporting Countries (OPEC) efforts to reduce the global oil glut, sending crude prices last week under $50/bbl in the process, Saudi energy minister Khalid al-Falih Monday said he was confident the current oil output deal will be extended.


Kochi Metro breaks stereotypes: offers jobs to transpeople

Kochi Metro breaks stereotypes: offers jobs to transpeople

From this month, transgenders will have proper jobs like tending to passengers, selling tickets and involving in housekeeping works. Kochi Metro Rail hopes the new initiative will encourage the wider community to interact with the local hijra (transgender women) and better understand the community.


Oil prices fall due to consistent increase in U.S. output

Oil prices fall due to consistent increase in U.S. output

Ultimately the output cut is supposed to tighten the oil market by reducing supplies and draining inventories. One method is to look at vessel-tracking data as an indicator of physical flows. The question of inventories emerges as the key factor for the success of the deal between OPEC and its allies. The Organization of the Petroleum Exporting Countries and non-OPEC producers, such as Russian Federation, decided late past year on an output cut of 1.8 million barrels per day (bpd) to reduce ...


Tesla CEO says company to start selling solar roof tiles

Tesla CEO says company to start selling solar roof tiles

Tesla's Solar Roof is made of shingles that are indistinguishable from traditional roof tiling. A reserved slot for 2018 installation of the Tesla solar panels will cost approximately $1,310 in Australia. Homeowners will need to be prepared to foot a big bill initially. Tesla is trying to be fully upfront with the costs involved with the help of a cost calculator.