BlackRock’s Bitcoin ETF, IBIT, has shattered another record for daily inflows, absorbing $788.3 million from investors Tuesday alone. All that money goes straight into buying more Bitcoin (BTC), which the company holds with Coinbase and uses to directly back its shares. Less than two months after launch, BlackRock has now absorbed over $9.1 billion in...
The U.S. dollar fell against its major counterparts in the New York session on Thursday, as softer-than-expected inflation data for June boosted hopes of a rate cut by the Federal Reserve in September. Data from the Labor Department showed that the consumer price index slipped by 0.1 percent in June after coming in unchanged in...
Philip Morris International Inc. (PM) reported Tuesday that net earnings attributable to PMI for the quarter grew to $2.15 billion or $1.38 per share from $2.00 billion or $1.28 per share in the prior-year quarter. Excluded items, adjusted earnings for the quarter were $1.50 per share, compared to $1.38 per share in the year-ago quarter....
The Thai stock market has moved higher in four straight sessions, advancing almost 35 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,365-point plateau although it\'s likely to open under water on Friday. The global forecast for the Asian markets is sift on concerns over the...
European stocks were broadly lower on Monday ahead of a short week of trading before the long Easter weekend. A cautious undertone prevailed as the trade war between the U.S. and China escalated and Federal Reserve Altanta head Bostic trimmed his FOMC forecast to just one rate cut this year. Traders also awaited cues from...
Explore Wall Street’s expert insights with this ProResearch article, which will exclusively be available to Pro subscribers soon. Dive deeper into the financial world with additional reports now exclusively accessible to Pro subscribers, including in-depth analysis of major players like Pfizer Inc. (NYSE:PFE) (PFE), Shopify (NYSE:SHOP) Inc. (SHOP), Snap Inc (NYSE:SNAP). (SNAP), Accenture plc (NYSE:ACN)...
JAKARTA -PT Petrosea Tbk (PTRO) spent IDR 6 trillion of its capital expenditure (capex) budget in order to acquire new supporting equipment to support business expansion in Central Kalimantan. Iman Darus Hikhman, Mining and Mine Services Director of Petrosea, confirmed that this new equipment purchase will support several new mining service projects. “It is an...
JAKARTA. PT Karyaputra Suryagemilang (KS), a subsidiary of PT Anabatic Technologies Tbk (ATIC), has purchased 3.04% or equivalent to 76 shares of PT Payrol Prima Indonesia. In connection with the share purchase, KS has signed a Sale and Purchase Agreement (PPJB) for Payrol Prima shares with a number of sellers. All Payrol Prima shares purchased...
The Hong Kong stock market has moved lower in three straight sessions, slumping almost 540 points or 3.1 percent in that span. The Hang Seng Index now sits just above the 17,450-point plateau although it may see a measure of traction on Thursday. The global forecast for the Asian markets suggests little movement ahead of...
European stocks eked out modest gains in cautious trade on Wednesday ahead of the release of the Federal Reserves July meeting minutes and preliminary revisions to U.S. labor data later in the day. The dollar dipped against major currencies, tracking overnight declines in U.S. Treasury yields as investors brace for Fed Chair Jerome Powells upcoming...