After a weak start and a subsequent fall to lower levels, the Indian market bounced back into positive territory Monday morning with select blue chip stocks recovering smartly and posting strong gains. The early setback was due largely to the initial reaction to Hindenburg Researchs allegations that the Indian market regulator SEBIs chairperson had stake...
In 2017, a meme of Christian Langalis went viral after he held up a “Buy Bitcoin” sign during Federal Reserve Chair Janet Yellen’s Congressional testimony. Langalis, also known as the “Bitcoin Sign Guy” is now auctioning off the exact same Bitcoin sign sketched on a yellow legal pad that he held up behind Yellen. The...
On February 29, Hong Kong’s Securities and Futures Commission (SFC) closed its crypto licensing portal, setting a May 31 deadline for non-compliant exchanges to cease operations. Exchanges that missed the deadline must shut down by May 31, according to a pop-up message on the Hong Kong SFC website. 22 Crypto Exchanges Applied For Hong Kong...
-- Australian energy giant Woodside Energy Ltd (ASX:WDS) said on Friday that it will sell a stake in its Scarborough project to JERA for $1.4 billion, and also announced more collaborations with the Japanese utility gaint. Woodside will sell a 15.1% non-operating participating interest in Scarborough to JERA, with the deal expected to close in...
The value of core machine orders in Japan was down a seasonally adjusted 1.9 percent on month in August, the Cabinet Office said on Wednesday - coming in at 858.1 billion yen. That missed forecasts for a decline of 0.1 percent, which would have been the same as the July reading. On a yearly basis,...
Bitcoin (BTC) continued its upward momentum, reaching around $67,900. The Federal Reserve’s preferred inflation measure, the Core PCE Price Index, increased by 0.2% month-over-month in April, aligning with expectations but slightly below the previous month’s 0.3% rise. This modest increase may ease some inflation concerns for the Fed, but consistent readings are necessary to support...
French stocks held steady on Wednesday ahead of U.S. consumer inflation data due later in the day which could shed light on the size of a widely expected rate cut by the Federal Reserve at next weeks policy meeting. Focus was also on the European Central Bank (ECB), which is likely to reduce its own...
The University of Michigan released revised data on Thursday showing an unexpected improvement in U.S. consumer sentiment in the month of March. The report said the consumer sentiment index for March was upwardly revised to 79.4 from the preliminary reading of 76.5. Economists had expected the reading to be unrevised. With the unexpected upward revision,...
Jakarta (ANTARA) - An official from the Financial Services Authority (OJK) stated that the OJK remains committed to supporting micro, small, and medium enterprises (MSMEs) to improve the community's economy, primarily by enhancing business knowledge. "Supporting the community's economy is crucial, as MSMEs contribute significantly to Indonesia's economy," said Frederica Widyasari Dewi, the OJK's Chief...
Indian shares may open on a positive note Friday as investors react to positive cues from other Asian markets and SEBI\'s decision to tweak F&O rules and ease delisting norms. Meanwhile, the inclusion of India\'s government bonds into JPMorgan Chase & Co. emerging markets index from today is expected to open up a $1.3 trillion...