Business


North Korea confirms it launched new ballistic missile called 'Hwasong-12'

The dispatch also said the test-firing "proved to the full all the technical specifications of the rocket", including its guidance and stabilization systems, structural system and launching systems "and reconfirmed the reliability" of a new rocket engine "under the practical flight circumstances".



Yesterday Trading Recap: Cliffs Natural Resources Inc.'s (CLF)

Vermont-based Trust Company Of Vermont has invested 0% in Pioneer Natural Resources (NYSE:PXD). About 1.45 million shares traded. It has underperformed by 11.94% the S&P500. Renaissance Inv Grp Inc Ltd owns 1.27% invested in Pioneer Natural Resources (NYSE:PXD) for 14,917 shares. 90 funds opened positions while 228 raised stakes.


China scales up financing support for B&R Initiative

China scales up financing support for B&R Initiative

The new Silk Road project is central to president Xi's ambition to place China as a champion of globalisation in contrast to the "America First" protectionist approach advocated by United States president Donald Trump. At the opening ceremony, Xi promised to provide $8.70 billion in aid to countries and global organizations that participate in the Silk Road plan. Chinese companies have set up 56 economic cooperation zones in over 20 countries, generating some 1.1 billion dollars of tax ...


Sprint, T-Mobile rise on merger speculation

Sprint, T-Mobile rise on merger speculation

The resumption of talks may have been triggered by an April 27th deadline passing that concluded a spectrum auction blackout period for participants to pursue deals. Sprint is looking for more steam in the United States, as T-Mobile's UnCarrier initiative has resonated with customers . Reuters reported in February that SoftBank could give up control of Sprint and retain a minority stake in T-Mobile, to entice T-Mobile into a merger.


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.