After a positive start and a subsequent retreat that resulted in a fairly long spell in negative territory on Monday, U.S. stocks recovered in afternoon trades and ended the day\'s session on a mixed note. The Nasdaq outperformed, settling at 16,828.67 with a gain of 93.65 points or 0.56 percent. The S&P 500 edged up...
Bitcoin (BTC) continues its downward trend, currently trading at $65,714. Earlier, BTC was trading above $67,500 but failed to maintain its upward momentum, dropping back to $65,714. This recent price movement has fueled speculation and market volatility, particularly after reports of the U.S. government moving $2 billion in Bitcoin. As investors react to these developments,...
U.K. stocks traded higher on Friday as the Labour Party secured a landslide victory in the U.K. election to end 14 years of Conservative rule. The benchmark FTSE 100 was up 24 points, or 0.3 percent, at 8,265 after rising 0.9 percent on Thursday. Housebuilders traded higher, with Barratt Developments, Persimmon and Taylor Wimpey surging...
Bitcoin (BTC) dipped slightly by 0.20%, settling at $63,000, yet maintains a bullish stance in the latest bitcoin price prediction. The rise in jobless claims to 231,000, the highest since August 2023, suggests a cooling U.S. labour market, prompting anticipatory actions by the Federal Reserve. This could lead to rate reductions earlier than projected, influencing...
JAKARTA - PT Indah Kiat Pulp & Paper Tbk (INKP), one of paper manufacturers under APP Group of Sinarmas, is once again listed under three categories of Indeks Tempo-IDNFinancials 52 following annual evaluation, effective per June 2024. INKP still remains under Main Index, High Growth, and Big Market Cap categories of Indeks52, after scoring satisfactory...
The Hong Kong stock market has finished lower in three straight sessions, plunging nearly 650 points or 3.8 percent along the way. The Hang Seng Index now rests just beneath the 16,700-point plateau and its expected to open in the red again on Tuesday. The global forecast for the Asian markets is bleak on continuing...
SAO PAULO (Reuters) -Brazilian miner Vale said on Wednesday it had received a letter from the State of Para\'s environmental secretary informing it that its operating license for its Sossego mine has been suspended. The company said in a filing it was evaluating the necessary measures to re-establish the full validity of the mine\'s operating...
PetroChina completes the first international crude oil trade using China’s Digital Yuan, marking a watershed moment in the integration of CBDCs into global commerce. Image by RareStock, Adobe Stock PetroChina inked a major deal on October 18, becoming the first company to complete an international crude oil trade using China’s central bank digital currency (CBDC),...
Retail sales in Germany declined more than expected in April, largely led by a slump in sales of food, while a survey showed that more companies plan to raise prices in the coming months. On a calendar and seasonally adjusted basis, retail sales slumped 1.2 percent from March, when they grew an upwardly revised 2.6...
The Thai stock market has moved lower in consecutive trading days, sinking more than 7 points or 0.5 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau although it\'s due for support on Friday. The global forecast is upbeat on an improving outlook for interest rates. The European...