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Sourav D

Reporter

Sourav has been a finance enthusiast since early-teens who later became a dedicated author, editor and publisher for several publications, magazines and newspapers working in the field more than a decade despite being a doctor.
He graduated in medicine and surgery in 2015 and has currently been pursuing his passions on finances & economics alongside engaged with organizations to generate solid hits through web based technologies apart from working as a physician. '

Moody’s slashes Hong Kong’s rating to ‘Aa3’ as pro-democracy protest drags on

Moody’s slashes Hong Kong’s rating to ‘Aa3’ as pro-democracy protest drags on

21 GENNAIO, 2020 13:00

On Monday, the NY-based American credit rating agency Moody’s, widely contemplated as one of the top three credit rating agencies alongside Fitch’s and S&P, had slashed Hong Kong’s credit rating to “Aa3” from “Aa2"

Precious gold gains as safe-haven appeal returns; palladium extends record rally

Precious gold gains as safe-haven appeal returns; palladium extends record rally

21 GENNAIO, 2020 11:00

On Monday, the 20th of January 2020, at a thin-volume trading day with US markets were closed due to Martin Luther King Jr. Holiday, the precious safe-haven metal, gold surges to more than one-week high

Subaru unfurls mid-2030s target with an all-electric line up

Subaru unfurls mid-2030s target with an all-electric line up

21 GENNAIO, 2020 09:00

Tokyo-based Japanese automobile company, Subaru Corp. said on Monday, the 20th of January 2020, that the automobile company would shift its auto business in to e-vehicle manufacturing by the first half of 2030s

Global stocks tread water ahead of Central Bank meetings, earnings’ reports

Global stocks tread water ahead of Central Bank meetings, earnings’ reports

21 GENNAIO, 2020 07:00

On Monday, the 20th of January 2020, a gauge of global stock indices had paused their recent rally, however had been hovering near their record closing high

Tesla moves closer to rolling out first European factory with German property buy

Tesla moves closer to rolling out first European factory with German property buy

21 GENNAIO, 2020 04:30

On Sunday, the 19th of January 2020, local authorities said that the US-based multinational e-vehicle manufacturer, Tesla Inc., had agreed to purchase a property at the outskirts of Berlin

EU Industry Chief denies strict security regulation could delay 5G

EU Industry Chief denies strict security regulation could delay 5G

21 GENNAIO, 2020 02:00

European Industrial Policy Chief, Thierry Breton said that relying on the European telecom gear manufacturers to develop the bloc’s fifth-generation network would not delay its rollout in to the EU countries

Rwanda's economy to grow by 8 per cent in 2020, 2021, says IMF

Rwanda's economy to grow by 8 per cent in 2020, 2021, says IMF

20 GENNAIO, 2020 23:30

Rwanda, the landlocked East African nation having had one of the fastest-growing economies across the globe, would likely to witness an economic growth of 8 per cent in 2020 alongside 2021, said IMF

Libya cuts oil production after Hafter's National Army shut down pipelines

Libya cuts oil production after Hafter's National Army shut down pipelines

20 GENNAIO, 2020 21:00

On Sunday, the National Oil Corporation of Libya had issued a statement saying that the Libya’s Internationally recognized Government based on Tripoli was forced to slash production in its sub-Saharan and Elephant oil fields

Direct foreign investment in Saudi rose to a decade-high on first 9 months of 2019

Direct foreign investment in Saudi rose to a decade-high on first 9 months of 2019

20 GENNAIO, 2020 18:30

On Sunday, Monetary Authority of Saudi Arabia had issued a public statement saying that influx of direct foreign investment in to the Kingdom of Saudi Arabia surged more than 10 per cent to $3.50 billion during the first nine months of 2019

Elon Musk’s SpaceX successfully simulates emergency landing

Elon Musk’s SpaceX successfully simulates emergency landing

20 GENNAIO, 2020 16:00

On Sunday, the 19th of January 2020, e-vehicle industry titan, Tesla Inc. owner Elon Musk’s space venture, SpaceX had successfully simulated an emergency landing of an unmanned astronaut capsule

Founder of South Korean retail giant Lotte dies

Founder of South Korean retail giant Lotte dies

20 GENNAIO, 2020 13:30

Shin Kyuk-ho, the founder of S. Korean retail giant, Lotte Corporation that started off its history back in the June of 1948 in Japan as a chewing gam manufacturer, had died

Mideast stocks edge up as Saudi index totters on financials, Aramco

Mideast stocks edge up as Saudi index totters on financials, Aramco

20 GENNAIO, 2020 11:00

On Sunday, the 19th of January 2020, a basket of Gulf bourses wrapped up the day modestly higher, but a persistent drag on Saudi state-backed oil giant Aramco alongside financials drowned the Saudi index

Kenya in talks with the World Bank for a whopping $1 billion in new loan

Kenya in talks with the World Bank for a whopping $1 billion in new loan

20 GENNAIO, 2020 09:00

Kenya, the debt-laden East-African nation, had been in an advanced stage talk with the World Bank for “a” fairly priced loan of up to $991.75 million or 100 billion Kenyan shillings

Beijing gives go-ahead signal to import beef from Russia

Beijing gives go-ahead signal to import beef from Russia

20 GENNAIO, 2020 07:00

On Friday, the Rosselkhoznadzor, Russian federal service for veterinary and Phytosanitary Supervision, said had obtained the required rights to export beefs to China, while deliveries would likely to begin as early as over the weekend

Myanmar and China ink dozens of deals to accelerate Belt & Road initiative

Myanmar and China ink dozens of deals to accelerate Belt & Road initiative

20 GENNAIO, 2020 05:00

On Saturday, the 18th of January 2020, China, the world’s second-largest economy, had signed off dozens of agreement with its closest ally in the Southeast Asia, Myanmar, in a bid to step up infrastructure of its Belt & Roads initiatives

Boeing faces new software problem on 737 MAX, could delay grounding further

Boeing faces new software problem on 737 MAX, could delay grounding further

20 GENNAIO, 2020 03:00

Late on Friday, Boeing Co. said that the Chicago-based world’s No. 1 low-cost aircraft carrier maker that had been at the verge of losing its crown to European rival Airbus SE, had discovered a new flaw at its 737 MAX autopilot software

US & China trade deal allays global uncertainty, says IMF Chief

US & China trade deal allays global uncertainty, says IMF Chief

20 GENNAIO, 2020 01:00

Late on Friday, the International Monetary Fund (IMF) said in a statement that the signing off of the “Phase One” trade deal between Washington had Beijing could ease a whirlpool of uncertainty that the global financial markets had been witnessing

Palladium rally climbs record $2,500 an ounce as industrial metals gain

Palladium rally climbs record $2,500 an ounce as industrial metals gain

19 GENNAIO, 2020 23:00

On Friday, the 17th of January 2020, a flurry of industrial metals across the boards of the commodity markets all over the globe posted solid gains

Eastern Libya authorities halt more than half of the country’s oil export

Eastern Libya authorities halt more than half of the country’s oil export

19 GENNAIO, 2020 21:00

Libya, a divided country which had been at the mercy of violent military confrontations over the past few years, had witnessed its oil output slashed by half on Saturday (January 17th)

UK’s Javid pledges to double up UK’s growth after Brexit

UK’s Javid pledges to double up UK’s growth after Brexit

19 GENNAIO, 2020 19:00

On Saturday, the 18th of January 2020, United Kingdom’s Financial Minister Javid said he was looking to double up nation’s underlying economic growth following its departure from the European Union on January 31st

South African stocks near seven-month high as Richemont SA, miners report solid gains

South African stocks near seven-month high as Richemont SA, miners report solid gains

19 GENNAIO, 2020 17:00

On Friday, a slew of South African stocks winded down the day with solid gains, while a bundle of S. African shares’ prices jumped near their seven-month highs over gains of heavyweight luxury retailer Richemont SA alongside mining firms

Renault returns to growth at the end of 2019, cites cynicism on 2020 volume target

Renault returns to growth at the end of 2019, cites cynicism on 2020 volume target

19 GENNAIO, 2020 15:00

Earlier on Friday, the 17th of January 2020, Boulogne-Billancourt-based French multinational automotive industry behemoth, Renault SA had revealed its fourth quarterly delivery report, which had surprisingly beaten analysts’ estimate

Sinopec to review $16 billion US gas deal with Texas natgas company Cheniere

Sinopec to review $16 billion US gas deal with Texas natgas company Cheniere

19 GENNAIO, 2020 13:00

Hong Kong-, NY- and Mainland Shanghai-listed Chinese oil and gas company, Sinopec, had been mulling an option to turn the trading tables regarding its $16 billion natgas deal with Cheniere

US set to probe sudden acceleration complaints of half a million Tesla vehicles

US set to probe sudden acceleration complaints of half a million Tesla vehicles

19 GENNAIO, 2020 11:00

On Friday, US NHTSA said in a statement that it would initiate review of a petition urging the agency to launch a formal investigation against roughly half a million Tesla Inc. vehicles over multiple reports of abrupt and unintentional acceleration

Toyota to move Takoma truck production to Mexico from US

Toyota to move Takoma truck production to Mexico from US

19 GENNAIO, 2020 09:00

Toyota Motor Corp. said on Friday, the 17th of January 2020, that the No. 1 automaker in Asia would soon move its production line of mid-sized Tacoma pickup trucks to Mexico from the United States

FCA, Foxconn plan to push into the lucrative Chinese e-vehicle market

FCA, Foxconn plan to push into the lucrative Chinese e-vehicle market

19 GENNAIO, 2020 07:00

On Friday, FCA said that the Italian-American automaker had been brewing an option to set up a JV with the US-based chipmaker Foxconn, in a bid to build electric vehicles and connected cars in China

Birth rate hits 70yr-low in China as couples struggle to afford education,health care

Birth rate hits 70yr-low in China as couples struggle to afford education,health care

19 GENNAIO, 2020 05:00

On Friday, the 17th of January 2020, Government data from People’s Republic of China, the world’s second-largest economy, had rounded up debarkation of a disturbing demographics

US housing starts spikes to 13-year-peak; factory activity ticks up

US housing starts spikes to 13-year-peak; factory activity ticks up

19 GENNAIO, 2020 03:00

On Friday, the 17th of January 2020, US Government data had revealed an upbeat reflection of US housing starts amid a decade-low mortgage rates, while shrugging off some slowdown fears, factory output ticked up in December

Softbank to invest up to $40 billion in Indonesia’s new capital, says Minister

Softbank to invest up to $40 billion in Indonesia’s new capital, says Minister

19 GENNAIO, 2020 01:00

On Friday, an Indonesian lawmaker said the Japanese investment conglomerate, SoftBank Group had offered the fast-growing South-east Asian economic HubSpot an investment of up to $40 billion into the country’s new capital city on Borneo Island

Volkswagen to purchase 20% stake in Chinese e-vehicle battery maker Guoxuan

Volkswagen to purchase 20% stake in Chinese e-vehicle battery maker Guoxuan

18 GENNAIO, 2020 23:00

Wolfsburg-based German automaking group, Volkswagen AG has been exploring an option to purchase a 20 per cent stake in a Chinese manufacturer of e-vehicle batteries, Guoxuan High-tech Co. Ltd.

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