kate_sept2004/Getty Images S&P 500 index funds allow you to invest in the Standard & Poor’s 500 Index, a collection of stocks that includes America’s largest and most successful companies. The S&P 500 index has returned an average of about 10 percent annually over time, making it an attractive investment. Here are the best S&P 500...
The Bank for International Settlements (BIS) released recommendations for the regulation, supervision, and oversight of global stablecoin arrangements in a February 29 executive summary. The international financial institution acknowledged the potential of stablecoins to enhance the efficiency of financial services, but they also highlighted the possibility of the assets generating risks to financial stability. Potential...
By Sarah Morland MEXICO CITY (Reuters) -Mexican restaurant chain operator Alsea on Monday posted a 37% jump in its net profit for the last three months of 2023, citing an uptick in sales linked to better consumer trends. The company\'s net profit touched 1.05 billion pesos ($62 million). Alsea, which operates chain stores including Starbucks...
The China stock market has finished higher in back-to-back sessions, gathering almost 100 points or 3 percent along the way. The Shanghai Composite now sits just beneath the 3,270-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is negative with profit taking likely for many of the...
Chainlink Labs director of capital markets Ryan Lovell said traditional finance is not the best use case for tokenization, but real-world data is. Real-world asset (RWA) tokenization is one of the largest market opportunities in the blockchain industry, with a potential market size in the hundreds of trillions of dollars. 1/ The tokenized RWA opportunity is measured...
Final inflation data from the euro area is the only major economic news due on Monday, headlining a light day for the European economic news. At 3.00 am ET, Statistics Norway releases GDP data for January. The Mainland Norway is forecast to grow 0.1 percent, in contrast to the 0.1 percent decrease in December. At...
Astra International Tbk (ASII), a multi-sector holding company, announces its plan to distribute interim dividend of IDR 3.96 trillion or IDR 98 per share in the near future. Gita Tiffany Boer, Corporate Secretary of ASII, said that the plan follows the decision made by the board of directors of the company on September 12, 2024....
JAKARTA - With a remarkable volume of 5.84 billion shares, PT Aladin Global Ventures purchased shares of PT Bank Aladin Syariah Tbk (BANK) on Friday, October 4. This investors share portion increased to 50.62% from 11.06% after its most recent purchase through PT Pacific Sekuritas Indonesia. Presently, Aladin Global holds a majority stake in the...
European stocks climbed on Friday after the number of Americans filing new applications for unemployment benefits fell more than expected last week, calming fears the U.S. economy is heading for a recession. The pan European STOXX 600 rose about 1 percent to 501.08 after ending flat with a positive bias on Thursday. The German DAX...
Indian shares ended a choppy session higher on Thursday as signs of softening inflation in Spain, France and six economically important German states fueled debate on when the European Central Bank would cut interest rates. The upside remained capped somewhat ahead of the release of the U.S. personal consumption expenditures (PCE) price index, the Fed\'s...