South Korea posted a current account surplus of $3.05 billion in January, the Bank of Korea said on Friday - down from $7.41 billion in December. The goods account recorded a $4.24 billion surplus as exports increased annually by 14.7 percent to $55.22 billion and as imports decreased by 8.1 percent to $50.98 billion, both...
The Canadian market is up firmly in positive territory a little past noon on Friday with stocks from across several sectors moving higher as investors cheer upbeat jobs data, and a report showing a slight slowdown in the annual rate of U.S. producer prices growth. Data from Statistics Canada showed that employment in Canada rose...
The Taiwan stock market has moved lower in back-to-back sessions, slipping more than 500 points or 2.1 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,880-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the outlook for...
JAKARTA – Revenue of PT Buyung Poetra Sembada Tbk (HOKI), a rice manufacturer known with its brand, Topi Koki, reportedly increased slightly by 6% year-on-year (yoy) to IDR 744 billion at the end of the first half (H1) of 2024. This shy climb resulted in massive improvement its profitability. According to Financial Report of H1...
-- Most Asian stocks kept to a tight range on Wednesday amid persistent caution over higher-for-longer U.S. interest rates, with Japanese indexes pulling back from record highs as a tech-driven rally cooled. Regional markets took a middling lead-in from Wall Street, as caution ahead of key PCE price index data- the Federal Reserve’s preferred inflation...
A South Korean altcoin issuer has been arrested on fraud charges. Prosecutors in the country have accused him of duping investors out of $16.1 million. Per Newsis, the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation Team arrested the unnamed individual on March 19. South Korean Altcoin Issuer ‘Conspired with Market Maker’ The...
Arkham Intelligence has allegedly pinpointed the Bitcoin addresses belonging to Tesla and SpaceX, with holdings valued at over $1.3 billion. According to Arkham’s announcement on social media, the crypto intelligence firm claimed to have identified Tesla and SpaceX’s Bitcoin addresses through a meticulous analysis. They suggested these addresses align with the companies’ previous financial statements....
European stocks may open on a sluggish note Thursday as investors await more U.S. economic data and comments from Federal Reserve officials for additional clues on whether the Fed is behind the curve on inflation and interest rates. After recent soft monthly payrolls data, weekly jobless claims numbers due later in the day may offer...
The China stock market has moved higher in three straight sessions, collecting almost 35 points or 1.1 percent in that span. The Shanghai Composite Index now sits just beneath the 2,975-point plateau and it may extend its gains on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the outlook for...
This sentiment echoed previous comments by CryptoQuant CEO Ki Young Ju, who noted that past post-halving rallies have typically started in the fourth quarter of each halving year. In the last #Bitcoin halving cycle, the bull rally began in Q4. Whales won't let Q4 be boring with a flat YoY performance. pic.twitter.com/LIWH53OpkD — Ki Young...