The Hong Kong stock market has moved higher in two straight sessions, advancing nearly 300 points or 1.8 percent along the way. The Hang Seng Index now sits just beneath the 17,990-point plateau and its likely to see continued strength again on Monday. The global forecast for the Asian markets is upbeat on optimism over...
In a recent move closely watched by investors, Berkshire Hathaway Inc . (NYSE:BRKa) has made a significant purchase of Liberty Media Corp (NASDAQ:LSXMK) stock, investing approximately $36.77 million. The transactions occurred over three separate days, signaling a strong vote of confidence in the media company\'s value from the renowned investment firm. The buying spree kicked...
European stocks closed broadly lower on Thursday amid concerns about inflation and lingering uncertainty about the outlook for Fed interest rates. Investors awaited the data on U.S. personal consumption expenditure for clues about Fed policy moves. Investors also braced for the first round of French parliamentary elections due over the weekend. Higher bond yields weighed...
The China stock market has tracked higher in five straight sessions, advancing more than 150 points or 5.8 percent along the way. The Shanghai Composite now sits just above the 2,860-point plateau although its due for profit taking on Wednesday. The global forecast for the Asian markets is positive on continued optimism over the outlook...
Consumer confidence in the euro area strengthened in May to its highest level since early 2022, while wage growth figures lent support to the view that the European Central Bank is set to stop policy easing with the expected interest rate cut in June. The flash consumer confidence index rose for the fourth month in...
Bank Pan Indonesia Tbk (PNIN), also known as Bank Panin, will issue Shelf-Registration Bond IV Phase II Year 2024 with total principal of IDR 3.91 trillion. The bond is a part of a more extensive public offering program of Shelf-Registration Bond IV of Bank Panin, with proceeds target set to IDR 15 trillion. Prior to...
Aneka Tambang Tbk (ANTM), a metal and mineral mining under the state-owned mining holding company, MIND ID, will join hands with PT Freeport Indonesia to maintain gold product supply. Nicolas D. Kanter, President Director of ANTM, mentioned that as of now, the potential of demand in the gold sector is still high. Therefore, the company...
A Montenegro appeal court denied Do Kwon’s extradition appeal on Wednesday to overturn a ruling mandating his extradition to South Korea. Following a high court ruling in Podgorica on March 5, Kwon is set to be extradited to face charges related to the collapse of Terra in May 2022. His partner, Han Chang-joon has already...
Jay van Eck, the CEO of $108 billion asset manager VanEck, said on Friday that he has “well over 30%” of his personal wealth tied up in Bitcoin (BTC). VanEck CEO A Bitcoin Bull The revelation occurred during Friday’s first panel on the Nakamoto stage, involving multiple executives at investment managers offering Bitcoin spot ETF...
Republican frontrunner and crypto-friendly U.S. presidential candidate Donald Trump has a 17% chance of being in jail before voters hit the ballot box in November after being found guilty in his high-profile hush money trial Thursday, according to Polymarket data. Donald Trump Will Be In Jail Before Election, 17% Of Polymarket Voters Say Originally launched...