When trading Forex, most people don’t think about how brokers make their money. However, this is a fundamental thing to understand before depositing, as you should understand where money flows throughout the system. Nobody cares about your account more than you do, so keep that in mind when figuring out who you should trust. In this article, I’ll take a look at how Forex brokers make money, and what their role is in facilitating liquidity. Understanding how Forex brokers make their ...
Telenor AS announced on Friday it has sought India’s government nod on its bid to acquire full ownership of its local unit in an arrangement worth about 7.8 billion rupees or $131 million, as it seeks it solidify its presence in the world’s second largest telecommunications industry. “At present, Telenor Group owns 74 percent in its Indian business unit. These investments ...
Forget Sanctions Over Ukraine: Russia Scores Massive Gas Pipeline Deal With China China and Russia are set to cement their energy alliance next week with an expected agreement to build a natural gas pipeline between the two nations that would secure a huge new market for the world's largest energy producer and provide a guaranteed energy supply for China's growing economy as both nations face confrontations with the West. The deal, ...
The week ahead offers economic and corporate news that is potentially market moving as investors continue to run scared from many overvalued biotech, Internet, small-cap and so-called “momentum” stocks and seek the safety of established and dividend-paying companies like utilities. The Russell 2000 index of smaller company shares has fallen roughly 8 percent in the last two months. And despite big, blue chip stocks driving the Dow Jones index to a record this past Friday, ...