QuickLogic Corp. (QUIK) announced Tuesday a new distribution agreement with Spur Microwave Inc. that will significantly strengthen QuickLogic\'s presence and support for customers across the growing India market. Spur India is a prominent electronics distributor providing services and solutions for space, avionics, and other harsh environment applications where reliability is critical. Spur Microwave will now...
Kansas-based now-failed Heartland Tri-State Bank’s former head has pled guilty on Thursday for embezzling $47.1 million for a series of “personal crypto purchases.” This led to the bank’s failure in July 2023, at a complete loss of equity for investors, the U.S. Attorney’s Office for the District of Kansas noted. Shan Hanes, 52, who served...
First-time claims for U.S. unemployment benefits saw an unexpected pullback in the week ended October 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 241,000, a decrease of 19,000 from the previous weeks revised level of 260,000. Economists had expected jobless claims to inch...
The Taiwan stock market has moved higher in six straight sessions, collecting more than 1,200 points or 5.4 percent along the way. The Taiwan Stock Exchange now sits just above the 22,850-point plateau and its called higher again on Friday. The global forecast for the Asian markets is positive on continued optimism over the outlook...
Indian shares were slightly lower on Monday, tracking weakness in global markets. U.S. political uncertainty weighed after U.S. President Joe Biden decided to end his re-election campaign against former President Donald Trump and offered his \"full support and endorsement\" for Vice-President Kamala Harris as the presidential nominee for the Democratic Party. The benchmark S&P BSE...
JAKARTA -PT Hartadinata Abadi Tbk (HRTA) will issue Shelf-Registration Bond I Year 2024 of IDR 1 trillion. The proceeds of this corporate action will be used to expand retail outlets for gold bars, as well as pay maturing bond principal. In the issued prospectus quoted Monday (9/9), the bond will be issued in series A...
Digital asset manager Bitwise has made its mark in the world of non-fungible tokens (NFTs) by allowing its first spot Ether exchange-traded fund (ETF) commercial to be minted. The 39-second clip, which showcases the advantages of Ethereum, can now be minted on the Ethereum blockchain. Bitwise introduced the commercial as an opportunity to “capture a...
Kamala Harris’ campaign is reportedly in discussions with Bitcoin Magazine about her possible participation in the upcoming Bitcoin Conference. In a recent post on X, Bitcoin Magazine CEO David Bailey revealed that they are “in talks with Kamala Harris campaign for her to speak at the conference.” Bailey claimed that Harris’ appearance could “reset the...
JAKARTA – Indonesia Stock Exchange (IDX) reported market capitalisation growth of 2.02% month-to-month (mtm) to IDR 12.33 quadrillion at the end of July 2024 from IDR 12.09 quadrillion seen on June 30, 2024. PT Bank Central Asia Tbk (BBCA)andPT Barito Renewables Energy Tbk (BREN) frequently swapped the top market cap position in the stock market....
The U.S. dollar traded lower against its most major counterparts in the New York session on Wednesday, as Tuesday\'s soft retail sales data boosted expectations for a rate cut in September. U.S. retail sales missed forecasts in May and increased expectations of a rate cut in September to 67 percent. Investors await weekly jobless claims...