Asian Stocks Cautiously Higher As Debt Ceiling Bill Moves Forward
Most Asian stocks edged higher on Thursday, encouraged by progress towards averting a U.S. debt default, while signs of life in China’s manufacturing sector also helped fish local stocks from six-month lows. The U.S. House of Representatives voted in favor of a bill to...
Silvergate’s planned liquidation fuels another crypto rout
one of the biggest banks in the cryptocurrency industry, said on Wednesday it was planning to wind down operations and liquidate voluntarily Shares of crypto-related companies fell on Thursday, as the bank’s collapse sparked a crisis of confidence in the industry. Silvergate shares were...
Gold Prices Mixed, Copper Sinks On Weak China GDP Target
Gold prices were mixed on Monday amid some uncertainty over U.S. monetary policy, while copper prices retreated sharply as major importer China set a weaker-than-expected GDP target for 2023, undermining expectations of a strong recovery in demand. Bullion prices were aided by a drop...
Asian Stocks Surge As Bank Bailouts Lift Spirits
Asian stock markets rose on Friday, recovering from a series of sharp losses this week as government and institutional support to stem a potential banking crisis helped improve sentiment, while traders also priced in a less hawkish Federal Reserve. Chinese bourses were the best...
Asia FX Dips, Dollar Steadies As Fed Meeting Looms
Most Asian currencies retreated on Tuesday, while the dollar firmed slightly as markets hunkered down ahead of a Federal Reserve interest rate decision this week, while lingering fears of a banking crisis also weighed on sentiment. The South Korean won was the worst performer...
The Fate of Abundance Advancements Investigated: third Yearly Center East Abundance Tech Gathering and Grants 2023
The Fate of Abundance Advancements Investigated: third Yearly Center East Wealth Tech Gathering and Grants 2023 Abundance advancements allude to the utilization of imaginative innovations, for example, computerized reasoning and large information to give an option in contrast to customary abundance the executives firms....
Gold Edges Lower As Markets Seek Clarity On Fed Rate Hikes
Gold prices fell slightly in Asian trade on Wednesday, but hovered around key levels as markets awaited more cues on U.S. monetary policy from a string of upcoming Federal Reserve speakers and reports. The yellow metal retook the $2,000 level on Tuesday as the...
Financial Turbulence Widens Door to Private Equity in Fast-Growing Aerospace Sector
Financial sector headwinds are creating fresh openings for private equity investments in aerospace, as suppliers' need for capital to meet soaring demand for planes and parts risks further turbulence, executives said. Demand from aircraft manufacturing giants has soared on the back of surging global...
Russia’s War On Ukraine Latest: Ukraine Retakes Land Around Bathmat
Moscow acknowledged on Friday that its forces had fallen back north of Ukraine’s battlefield city of Bakhmut after a new offensive, in a retreat that the head of Russia’s Wagner private army called a rout.
CONFLICT
Russian-installed officials on Friday said missiles fired by Ukrainian forces...
Chinese Tech Stocks Rise, Tencent Surges On Strong FY Results
Major Chinese technology stocks rose on Thursday, with shares of Tencent up sharply after the internet giant logged stronger-than-expected annual earnings, while less hawkish signals from the Federal Reserve also aided sentiment. Tencent Holdings Ltd (HK:0700) rose over 6% to HK$368.40 a share, and...