The shares of Hyundai and Kia Motors have taken a hit following controversy over the misquoting of their fuel efficiency figures to the consumers. Both the companies have however said that they are going to compensate their consumers for the losses that they may have incurred over misquote. Going by the estimates of payouts thatContinue reading “Hyundai and Kia shares take a plunge in South Korea over misquoting fuel efficiency of its vehicles”
Tag Archives: Stock Market
Moody’s chief economist calls Sandy storm as one of the most economically damaging in US history
Chief economist at Moody’s, Mark Zandi has termed the Superstorm Sandy as to be most economically wrecking in US history. The bill assigned to the destruction in US caused by Sandy is an astounding US$50Bn. Katrina, 9/11 and Hurricane Andrew are the only other disasters to have taken place in the past that caused economicContinue reading “Moody’s chief economist calls Sandy storm as one of the most economically damaging in US history”
Five suggestions for NRIs thinking about investment in Gold
Gold has always been an object of Interest for Indians but for those of us who are residing abroad, there are a few checkpoints that they must carefully observe to attain the best out of their investment. First: How much to Invest? Gold is an asset class that is used as store of value andContinue reading “Five suggestions for NRIs thinking about investment in Gold”
Right before the quarterly financial results, technical analysis suggests, Apple’s shares may fall further
Apple may continue be the preferred choice for the elite consumer, yet on the stock markets front, analysts are of the view that the brand is going to face a tough time just before its financial results are set to be released on 25th October, 2012. These stock market experts take their cues from technicalContinue reading “Right before the quarterly financial results, technical analysis suggests, Apple’s shares may fall further”