Canadian stocks are moving in a tight range in lackluster trade on Thursday, with investors awaiting the data on U.S. non-farm payroll employment for directional clues. Communications, energy, consumer discretionary and utilities stocks are finding some support, while stocks from the rest of the sectors are turning in a mixed performance. The benchmark S&P/TSX Composite...
JAKARTA – Debuting on Indonesia Stock Exchange (IDX) last Wednesday (7/8), PT Global Sukses Digital Tbk (DOSS) sets up profit and revenue growth target to double digit in 2024. The board of directors claims that this is a realistic and achievable target considering the performance rate as of now. Met at Press Conference of DOSS...
By Jonathan Stempel NEW YORK (Reuters) - A unit of Warren Buffett\'s Berkshire Hathaway (NYSE:BRKa) was added on Monday to a lawsuit accusing the National Association of Realtors and several brokerages of conspiring to keep real estate commissions artificially high nationwide. The complaint filed in a Kansas City, Missouri federal court adds Berkshire Hathaway Energy...
Bitcoin has officially processed over one billion transactions since its inception. According to data published on Clark Moody Bitcoin, this landmark was reached on May 5, when transaction number 1,000,000,000 was recorded. The transaction was included in block 842,241. #Bitcoin has officially processed over 1 billion transactions. pic.twitter.com/kS704YYoW5 — Wicked (@w_s_bitcoin) May 5, 2024 This...
A physics professor has claimed that Bitcoin could reach $10 million by 2045, citing his own “power law” mathematical relationship. In a video published on X on March 2, Professor Giovanni Santostasi told mathematician and Bitcoin investor Fred Krueger that his power law model is a more understandable and predictable model of Bitcoin price over...
Slightly higher GIFT Nifty futures and overnight positive close on Wall Street indicate a higher open for Indian shares Friday morning. Upbeat economic data, Microns strong fourth-quarter earnings, and expectations of more interest rate cuts by the Fed lifted the major averages to a positive close on Thursday. Asian stocks are broadly higher on Friday,...
The Canadian market ended modestly higher on Friday, led by gains in materials stocks as gold prices advanced on safe-haven buying. Stocks from the rest of the sectors turned in a mixed performance. Investors reacted positively to some upbeat earnings updates from top U.S. companies, including Alphabet and Microsoft, and digested U.S. personal consumption expenditure...
By Scott Murdoch SYDNEY (Reuters) - China Evergrande (HK:3333)\'s liquidators have hired three law firms to advise on the troubled property giant\'s winding-up process, according to sources with direct knowledge of the matter. Global firm Clifford Chance and Hong Kong firms Tanner De Witt and Karas So were mandated recently to provide legal advice on...
JAKARTA - PT Harum Nickel Industry (HNI) channels loan facility of USD 45 million, equal to IDR 681.21 billion to support operational activities of PT Westrong Metal Industry (WMI). This subsidiary ofPT Harum Energy Tbk (HRUM)operates nickel smelting facility with 4 rotary kiln electric furnaces (RKEF) in Weda Bay Industrial Park, Halmahera Tengah. In the...
After a weak start and a subsequent recovery, the Canadian market slipped into negative territory Tuesday morning, but recovered gradually to eventually end the day\'s session on a firm note, thanks to strong gains in energy, consumer staples and technology sectors. Concerns about the outlook for Fed interest rates rendered the mood a bit cautious...