The Thai stock market has moved lower in three straight sessions, slipping more than 20 points or 1.5 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,300-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets suggests little movement ahead of key...
European stocks drifted lower on Tuesday, tracking a rise in U.S. Treasury yields after the U.S. Supreme Court ruled that former President Donald Trump is entitled to immunity from federal prosecution for official actions he took while in office. The landmark decision at the height of an election season stoked speculation about the possibility of...
Indian shares ended a choppy session marginally lower on Tuesday as a stronger dollar and rising Treasury yields in international markets weighed on investors\' appetite for risk. The U.S. dollar saw a notable rise while yields hit a one-month high after the U.S. Supreme Court ruled that presidents have absolute immunity from prosecution for core...
Lower futures point to a weak start for U.S. stocks Tuesday morning. The focus will be on Fed Chair Jerome Powell\'s speech at an European Central Bank event. Investors also await the Jobs Opening and Labor Turnover Survey (JOLTS) for the month of May, due at 10 AM ET. Later in the week, the Labor...
Bombardier, Inc. (BBD-B.TO) announced Tuesday it expects its supply contracts to be maintained to the highest standards of quality and performance. The company remains actively engaged with Spirit AeroSystems Holdings Inc. (SPR) as part of ordinary course of business under existing contracts.
Technology company Schlumberger Ltd. (SLB), doing business as SLB, and TotalEnergies SE (TTE) announced Tuesday a 10-year partnership to co-develop scalable digital solutions for enabling access to energy resources, with improved performance and efficiency. The partnership establishes a flexible framework for the companies to work together on addressing key challenges across the energy value chain,...
Exchange-traded fund issuer T-Rex Group filed for its 2X Long MSTR Daily Target ETF – a product analysts say could become the most volatile ETF in the United States – with the Securities and Exchange Commission (SEC) on Tuesday. The Leveraged MSTR ETF Per the company’s form N-1A, the fund seeks leveraged investment results that...
In an unexpected move, Bitfarms announced the appointment of Fanny Philip as an independent board member amidst an ongoing conflict with Riot Platforms. Riot, which owns a 14.9% stake in Bitfarms, recently expressed intentions to replace three company board members with independent directors following a failed attempt to increase its stake. Bitfarms Appoints Fanny Philip...
Bitcoin (BTC) bounced off the psychological support level of $60,000 to trade above $60,500. The Core PCE Price Index, the Federal Reserve’s preferred inflation gauge, came in at 0.1%, slightly below expectations of 0.2%. Revised UoM Consumer Sentiment also fell short of forecasts, coming in at 65.6 compared to the expected 65.9. As Bitcoin (BTC)...
Zero-Knowledge Technology firm Horizen Labs has partnered with the ApeChain project to integrate its zkVerify technology helping reduce proof verification costs. The zkVerify integration aims to improve gaming performance as well as reduce operational costs, and address challenges faced by Web3 gaming platforms. Developers building on ApeChain will be able to use zkVerify’s zero-knowledge proof...
