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...
The European Central Bank reduced its key interest rates by 25 basis points on Thursday, as expected, as the euro area growth is expected to slow on weaker demand and core inflationary pressures remain high, thanks to the stickiness of services inflation. The Governing Council, led by ECB President Christine Lagarde, lowered the deposit facility...
Household social media platform Reddit holds Bitcoin (BTC) and Ether (ETH), according to a public IPO filing. The disclosure comes after Reddit filed to go public with the Securities and Exchange Commission (SEC) under the ticker “RDDT”. RDDT is expected to start trading on the New York Stock Exchange (NYSE) in March. “We are going...
-- Anycolor stock (TYO:5032) slid over 5% on Wednesday after the Japanese media house behind the second-biggest virtual YouTuber (VTuber) agency Nijisanji, saw one of its “first generation” stars announce a year-long hiatus. Wednesday’s losses came after VTuber “Moira,” who was one of the first VTubers signed on by Nijisanji, said in a social media...
The Japanese yen strengthened against other major currencies in the European session on Thursday, after the Bank of Japan deputy Governor Himino said that the central bank would hike rates if it had more confidence in forecasts. Ryozo Himino, deputy governor of the Bank of Japan, stated that if the board has greater confidence in...
JAKARTA. PT Kioson Dagang Indonesia Tbk (KIOS), an e-commerce and technology issuer, has converted the debt of one of its subsidiaries, namely PT Retail Kita Indonesia (RKI), into capital. Andrew, President Director of KIOS, said that RKI\'s debt to KIOS which was converted into capital payments was worth IDR 14 billion. The additional capital obtained...
Asian stocks ended mixed on Thursday, with Japanese markets falling heavily as the yen hit a one-month high against the dollar on growing speculation that the Bank of Japan could end negative interest rates this month. Chinese and Hong Kong markets also ended lower as rising U.S.-China tensions overshadowed better-than-expected trade data for the first...
Money Laundering Charges The US government has accused Vinnik of laundering “between $4 billion and $9 billion” through BTC-e. Arkady Bukh, Vinnik’s lawyer, previously told the same media outlet that Vinnik will not be sentenced on money laundering charges until 2025. Vinnik was detained in California this year. He pleaded guilty to charges of conspiracy...
JAKARTA - On Monday, September 23, stock buying and selling activity generated significantly different foreign purchasing and selling volumes. The foreign buying volume was 4.16 billion shares, while the foreign selling volume was more than double that at 8.60 billion shares. As a result, net foreign volume closed at -4.43 billion shares. The first shares...
In an exclusive interview with Cryptonews, Gerald Heydenreich, the founder of Web3 email platform EtherMail, talked about his path from Web1 to Web3, the similarities between Web1 and Web3, and reinventing email, which is used by 4.3 billion people globally. The veteran entrepreneur further explained what EtherMail is and why it’s an industry changer. In...