‘Consensus estimates are far too bearish for 2017’, said the experienced analysts of BofA- ML. Analysts at Bank of America-Merrill Lynch have picked AstraZeneca and Credit Suisse as their top picks for the first quarter of 2017.   Given the pessimism surrounding the stocks, the analysts have...

Pakistan shares still managed to be the region's 2016 star outperformer as Donald Trump's surprise U.S. election win put the kibosh on a late year market rally in Asia.   The "Trump Tantrum" spurred outflows from emerging markets globally. implying higher U.S. interest rates, higher...

According to one economist, it's likely that the Federal Reserve will be "constrained" when it comes to raising rates even though the central bank surprised markets this month by forecasting three interest rates during 2017.   "We're sort of, of the view that the Fed is...

The US shale-oil companies are planning to increase exploration and production in 2017 since recovered commodity prices prompted banks to increase lending for the first time since 2014. The world’s major oil producers are planning to cut production. The US shale industry, by contrast, seeks to take...

Six potential major surprises which, while outside its baseline scenarios, could shake things up, including a more retail spending and workers taking time off, have been pointed out by Nomura in a note this week even as Japan's economy has plodded along for a while.   Higher-than-expected...

Oil prices have risen by almost half since the last year, and Russia and China keep rejoicing. However, other countries have much less reasons for celebration. First place: United States This year, American producers of oil and gas reached the first place thanks to victory of Donald Trump, the...

China seeks to convert tourism into a major driving force for economic transformation and upgrading. According to the State Council’s plan, total investment in tourism will grow to 2 trillion yuan by 2020 the. Contribution of this sector to GDP is expected to exceed 12%. By 2020, the country...

While some market watchers may say the rally has gone too far, too fast since the election of Donald Trump, it is a fact that stocks have soared to all-time highs since that time.   Riding on hopes that financial services regulations will ease and the government will spend bigtime on...

Monte dei Paschi di Siena, Italy's third-largest lender, in June, reportedly refused to listen to suggestions from former Italian Industry Minister Corrado Passera in relation to potential ways for the bank to come of the turmoil it was in – it was about to be wound up in a few months then. ...