The US state of Arizona has joined a slew of pro-Bitcoin states in embracing the asset class. Arizona Senate has proposed a resolution to consider recently-approved Bitcoin ETFs as potential investments tool for the state’s retirement system. Arizona has already been proven open to technological advances. In January 2023, it introduced a bill which would...
The total number of building permits issued in Australia was up a seasonally adjusted 10.4 percent on month in July, the Australian Bureau of Statistics said on Monday - coming in at 14,797. That beat forecasts for an increase of 2.4 percent following the 6.5 percent contraction in June. Permits for private sector houses rose...
The U.S. Securities and Exchange Commission (SEC) has drawn sharp criticism from Ripple executives following its decision to amend its complaint against Binance. The SEC’s amended filing against Binance focuses on several crypto assets it deems securities, which has led to debates over regulatory clarity and consistency within the industry. Ripple’s Stance on SEC’s Regulatory...
The Indonesia stock market returned from its long break for Eid-ul-Fitr by snapping the two-day winning streak in which it had jumped more than 120 points or 1.7 percent. The Jakarta Composite Index now sits just beneath the 7,165-point plateau and it may take further damage on Wednesday. The global forecast for the Asian markets...
On Tuesday, KeyBanc initiated coverage on Atlassian (NASDAQ:TEAM) Corporation stock (NASDAQ:TEAM), assigning a Sector Weight rating. The firm highlighted Atlassian\'s strong position in the developer collaboration market, particularly with its Jira Software and Confluence products. KeyBanc sees a long-term growth opportunity for Atlassian as it transitions from data center (DC) to cloud-based services and expands...
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had advanced more than 80 points or 1 percent. The Jakarta Composite Index now rests just above the 7,775-point plateau and its called higher again on Tuesday....
The British pound strengthened against other major currencies in the European session on Friday, after data showed that U.K. retail sales volume rebounded in July as summer discounting and the European football Championship boosted department stores and sports equipment stores sales. Markets speculate that the strong U.K. retail sales data is likely to diminish the...
The U.S. dollar dropped to a more than 7-month low on Monday, weighed down by the prospects of an interest rate cut by the Federal Reserve in September. According to CME Groups FedWatch Tool, there is a 75.5% of a quarter point rate cut next month and a 24.5% chance of a half point rate...
The China stock market has finished lower in two of three trading days since the end of the eight-day winning streak in which it had surged more than 300 points or 10.9 percent. The Shanghai Composite Index now rests just beneath the 2,960-point plateau and it\'s due for further consolidation on Thursday. The global forecast...
Indian shares look set to open on a buoyant note Monday amidst expectations of a U.S. rate cut in September. On the earnings front, Bandhan Bank, Dr Reddy\'s Laboratories, ICICI Bank, IndusInd Bank, KEC International, PNB and Power Grid are among the prominent stocks that will react to their financial results released after market hours...