Euro area consumer confidence strengthened for a sixth month in a row in July as households look forward to, yet another interest rate cut from the European Central Bank in September. The flash consumer confidence index rose to -13.0 from -14.0 in June, survey data from the European Commission showed Tuesday. Economists had expected a...
Ripple is expanding the utility of its XRP Ledger (XRPL) by offering tokenized US Treasury bills (T-bills) onto the platform. The significant move is a part of Ripple’s partnership with OpenEden, a leading provider of tokenized real-world assets (RWA). News alert – tokenization platform @OpenEden_Labs is bringing tokenized US Treasury bills (T-bills) to the #XRPL!...
Andorra received IMF guidance on recording and tracking Bitcoin transactions on March 13, following an official request for technical assistance from the European nation. IMF’s Charge to Andorra on Bitcoin Transactions In September 2023, the IMF conducted a technical assistance (TA) visit to Andorra – a country bordering France and Spain. The visit sought to...
The Hong Kong stock market bounced higher again on Thursday, one session after ending the three-day winning streak in which it had rallied almost 800 points or 4.4 percent. The Hang Seng Index now sits just above the 19,375-point plateau although it\'s likely to open under water on Friday. The global forecast for the Asian...
Uni-channel retailer Lands\' End, Inc. (LE) reported Wednesday that net loss for the fourth quarter widened to $8.62 million or $0.27 per share from $3.30 million or $0.10 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $0.25 per share, compared to adjusted net loss was $0.04 per share in...
(Reuters) - UnitedHealth Group (NYSE:UNH) said on Wednesday its unit Change Healthcare (NASDAQ:CHNG)\'s pharmacy network was back online, weeks after a cyberattack had a knock-on effect across the country\'s healthcare system that depends heavily on insurance. Change Healthcare processes about 50% of medical claims in the United States for around 900,000 physicians, 33,000 pharmacies, 5,500...
While reporting financial results for the second quarter on Tuesday, CenterPoint Energy Inc. (CNP) reaffirmed its adjusted earnings guidance for the full-year 2024 in the range of $1.61 to $1.63 per share. On average, 15 analysts polled by Thomson Reuters expect the company to report earnings of $1.62 per share for the year. Analysts\' estimates...
The Thai stock market has moved higher in three straight sessions, gathering almost 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and its tipped to open in the green again on Wednesday. The global forecast for the Asian markets suggests mild upside, fueled...
Malaysia\'s economy posted its fastest growth in six quarters with strong support from services and manufacturing sectors, official data revealed Friday. Gross domestic product registered an annual growth of 5.8 percent in the second quarter after rising 4.2 percent in the previous quarter, advance estimate from the Department of Statistics revealed on Friday. Further, this...
Kraken’s kBTC is a cross-network ERC-20 token fully backed 1:1 by Bitcoin for DeFi use on Ethereum and OP.Kraken ensures transparency of kBTC reserves with on-chain verification and secure Bitcoin custody. Launching its Wrapped Bitcoin token, or kBTC, Kraken has made a big move in the crypto space. By enabling Bitcoin to be compatible with...