The White House is reportedly set to nominate Kristin Johnson, a commissioner at the Commodity Futures Trading Commission (CFTC), to fill a top role at the US Treasury Department overseeing banks, according to a May 9 report by Bloomberg. According to the report, Commissioner Johnson is endorsed to become the Assistant Secretary of the Treasury...
The M2 money stock in Japan was up 2.2 percent on year in April, the Bank of Japan said on Monday - coming in at 1,260.1 trillion yen. That was shy of expectations for an increase of 2.5 percent, which would have been unchanged. From the March reading. The M3 money stock rose an annual...
The Singapore stock market has moved higher in two straight sessions, collecting more than 25 points or 0.7 percent in that span. The Straits Times Index now rests just above the 3,290-point plateau although it may stop the bleeding on Monday. The global forecast for the Asian markets suggests mild upside on conflicting factors in...
The Taiwan stock market bounced higher again on Friday, one day after ending the four-day winning streak in which it had advanced more than 480 points or 2.3 percent. The Taiwan Stock Exchange now sits just above the 20,700-point plateau although it may be stuck in neutral on Monday. The global forecast for the Asian...
The China stock market has tracked higher in back-to-back sessions, gathering more than 25 points or 0.7 percent along the way. The Shanghai Composite Index now sits just beneath the 3,155-point plateau and it may add to its winnings on Monday. The global forecast for the Asian markets suggests mild upside on conflicting factors in...
The Hong Kong stock market has moved higher in back-to-back sessions, rallying almost 650 points or 3.6 percent along the way. The Hang Seng Index now sits just above the 18,960-point plateau although investors may lock in gains on Monday. The global forecast for the Asian markets suggests mild upside on conflicting factors in the...
European stocks struggled for direction on Monday after recent string of gains. A cautious undertone prevailed after more Federal Reserve officials said on Friday that U.S. interest rates are likely to remain at elevated levels until there is clear sign that the rate of inflation is slowing. Investors looked ahead to the release of key...
Indian shares ended modestly higher on Monday, after having fallen deep into the red earlier in the session due to uncertainty surrounding the general election results. The benchmark S&P BSE Sensex hit an intraday low of 71,866.01 before reversing course to end the session up 111,66 points, or 0.15 percent, at 72,776.13. The broader NSE...
Design-driven platform Squarespace, Inc. (SQSP) announced Monday that it has entered into a definitive agreement to go private by private equity firm Permira in an all-cash transaction valued at approximately $6.9 billion. Under the terms of the agreement, Squarespace stockholders will receive $44.00 per share in cash representing a transaction valued at over $6.6 billion...
V2X, Inc. (VVX), a leading provider of global mission solutions, announced Monday that Jeremy Wensinger has been appointed President, Chief Executive Officer and a member of the company\'s Board of Directors, effective as of June 17, 2024. Wensinger is succeeding Chuck Prow. The appointment is the result of a thorough Board-led succession planning process designed...