The Taiwan stock market has moved higher in five straight sessions, collecting more than 1,100 points or 5 percent along the way. The Taiwan Stock Exchange now sits just above the 22,760-point plateau although investors figure to lock in gains on Thursday. The global forecast for the Asian markets is negative, with many of the...
The Taiwan stock market has moved higher in two of three trading days since the end of the two-day slide in which it had dropped more than 630 points or 2.9 percent. The Taiwan Stock Exchange now rests just above the 22,700-point plateau although its likely to see renewed consolidation on Tuesday. The global forecast...
(Reuters) - U.S. Securities and Exchange Commission (SEC) further delayed its decision on an application by asset manager BlackRock (NYSE:BLK) for its spot ethereum exchange-traded fund, according to a regulatory filing on Monday. BlackRock in November last year filed its application for its iShares Ethereum Trust, which will be listed on the Nasdaq if approved....
Portland General Electric (NYSE: NYSE:POR) has released its fourth quarter and full year 2023 financial results on February 16, 2024. The company reported a full-year GAAP net income of $228 million, or $2.33 per diluted share, and an adjusted non-GAAP net income of $233 million, or $2.38 per share. Despite facing lower-than-expected results in the...
Canadian shares are likely to open weak on Wednesday, weighed down by lower oil prices, disappointing guidance from Dutch semiconductor firm ASML, and geopolitical concerns. Fears that Donald Trump\'s return to the White House would herald more inflation and higher interest rates may also weigh on the market. Trump, who is the Republican presidential candidate,...
The China stock market has finished higher in back-to-back sessions, gathering more than 40 points or 1.2 percent along the way. The Shanghai Composite now sits just above the 3,320-point plateau and it may add to its winnings on Tuesday. The global forecast for the Asian markets is positive following a sharp drop in the...
Elliott Investment Management L.P. now holds 10 percent stake in Southwest Airlines Co., crossing the threshold that would allow the investment firm to call a special meeting, Reuters reported citing a person familiar with the matter. The development comes as the airline and the hedge fund, amid its ongoing public fight, are scheduled to meet...
JAKARTA. The Indonesian government will hold another auction of Government Sharia Securities (SBSN) or government sukuk on August 13 2024, with an indicative target of IDR 8 trillion. There are 7 series of state sukuk that will be offered in the auction. The details consist of 2 series of SPNS (Sharia State Treasury Letters) and...
A new pro-Kamala Harris digital asset advocacy group known as Crypto4Harris is slated to host its first town hall featuring billionaire Mark Cuban and Rep. Wiley Nickel next Wednesday, August 14, the crypto political collective announced Tuesday. Mark Cuban, Wiley Nickel Support New Crypto4Harris Initiative According to a recent X post from Crypto4Harris, the upcoming...
On Wednesday, Citi maintained a Buy rating on Constellation Brands (NYSE:STZ) shares, with a steady price target of $305.00. The firm anticipates the company to benefit from favorable conditions that could act as catalysts over the next month. These include improved beer sales comparisons from last March, when California experienced poor weather, and the potential...