Germany\'s leading five economic think tanks significantly lowered the biggest euro area economy\'s growth forecast for this year on Wednesday, citing cyclical and structural weakness amid sluggish economic activity. The German economy is now projected to grow just 0.1 percent this year, the institutes said in their spring report, which was much less than the...
EDAP TMS SA (EDAP) announced Monday that its Focal One platform has been granted Breakthrough Device designation by the US Food and Drug Administration (FDA) for the treatment of deep infiltrating endometriosis (DIE). Focal One HIFU is a non-invasive, robotic ablative procedure using a high-intensity ultrasound probe to deliver tissue devitalization through use of acoustic...
Citra Marga Nusaphala Persada Tbk (CMNP), a toll road company, has acquired a sharia financing facility from PT Sarana Multi Infrastruktur (Persero). Hasyim, Independent Director of CMNP, said that this financing facility will be used to develop Ancol Timur – Pluit (Elevated) Toll Road / Harbour Road II. The limit set for this facility is...
Asian stocks traded mixed on Tuesday as the Peoples Bank of China kept its benchmark loan prime rate unchanged following a surprise cut in July. Investors also assessed minutes from the Reserve Bank of Australias August meeting and looked ahead to the release of FOMC meeting minutes and Fed Chair Jerome Powells Jackson Hole Speech...
The Good Brigade/Getty Images Table of contents Should I max out my Roth IRA? 7 reasons to max out your Roth IRA When to make your IRA contributions Menu List Icon Table of contents Back to top Trend Unchanged Icon Arrow Up Icon { window.initModal(\'TocModal\', 0); })\"> Table of contents Close X Icon Should I...
The Canadian market is modestly higher Monday afternoon thanks to some strong buying in the materials sector. Real estate and consumer discretionary stocks are among the other gainers in the market where the undertone remains fairly positive amid expectations the Federal Reserve will cut interest rate next month. The benchmark S&P/TSX Composite Index, which climbed...
The Malaysia stock market on Monday snapped the two-day winning streak in which it had gathered almost 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,615-point plateau although it\'s looking to rebound on Tuesday. The global forecast for the Asian markets is fairly flat with a touch of...
China is scheduled to release a raft of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are Q3 numbers for gross domestic product, as well as September figures for industrial production, retail sales, fixed asset investment and unemployment. GDP is expected to add 0.5 percent on quarter and 4.6 percent...
In a recent transaction, Keyvan Mohajer, the CEO of SoundHound AI , Inc. (NASDAQ:SOUN), has sold a portion of his holdings in the company. The transaction, which took place on March 22, 2024, involved the sale of 31,665 shares of Class A Common Stock at a weighted-average price of $6.0778 per share, totaling approximately $192,453....
The Bitcoin (BTC) price has stumbled below $65,000 in wake of the latest Fed policy decision, where the central bank held interest rates steady at 5.25-5.50% as expected, and Fed chair Jerome Powell indicated a potential rate cut coming as soon as September. ⚠️BREAKING: *FED CHAIR POWELL: RATE CUT COULD BE ON THE TABLE AT...