SHANGHAI — Two Saudi Arabian exchange-traded funds made a strong market debut in mainland China on Tuesday as investors snapped up the instruments on the first day amid strong financial ties between the two countries. The two Chinese-managed ETFs, which launched on both the Shanghai and Shenzhen exchanges, are the first for Saudi stock funds in mainland China. They […]
U.S. Treasury yields were lower on Tuesday as investors weighed comments from Federal Reserve Chairman Jerome Powell on the outlook for the economy and interest rates. At 3:04 a.m. ET, the yield on the 10-year Treasury was down by over three basis points to 4.1983%. The 2-year Treasury yield was last more than one basis […]
Nepal Rastra Bank (NRB) has directed foreign investors to submit a record of their investments in Nepal from abroad. Issuing a public notice on Monday, the central bank said foreign investors have to report investments transferred to Nepal. This has to be done even after getting approval from the Department of Industry (DOI) or Investment […]
Macy’s is ending discussions with Arkhouse Management and Brigade Capital Management, saying a revised offer to take the department store private remained a dicey proposition. “We have concluded that Arkhouse and Brigade’s proposal lacks certainty of financing and does not deliver compelling value,” Macy’s lead independent director Paul Varga said in a statement. Arkhouse and […]
By Wayne Cole SYDNEY (Reuters) -U.S. Treasuries slipped and the dollar firmed on Monday as investors wagered the attack on U.S. presidential candidate Donald Trump made his victory more likely, while injecting a whole new level of political uncertainty into markets. A holiday in Japan made for thin trading in Asia and action was confined […]
BlockDAG’s X1 Miner App Debuts on Apple Store, Presale Soars to $58M: Updates on Ethereum ETF and Dogecoin In the dynamic realm of cryptocurrencies, recent shifts underscore notable market changes. As excitement builds for the Ethereum ETF, which may stabilize Ethereum’s pricing, Dogecoin’s latest updates reflect broader market instabilities, notably influenced by Bitcoin’s recent dips. […]
Stablecoins are quietly growing even more important for the crypto sector AFP via Getty Images Recently there has been no shortage of headlines and discourse around cryptoassets, generating both positive and negative price momentum for the sector. As both the Mt.Gox and German government liquidations proceed in a seemingly orderly manner these actions have both […]
As part of its ongoing exercise to recover Rs7035 crore to pay off over 51.55 lakh investors duped by the Pancard Clubs Limited (PCL), the Securities and Exchange Board of India (SEBI) has announced an e-auction of PCL’s properties located all over India, including Mumbai and Thane. SEBI, which by now has auctioned nearly […]
Compared to pre-pandemic prices, Norwegian Cruise Line stock still has a lot of catching up to do. Oh, what a difference a few months can make. Five years ago, Norwegian Cruise Line (NCLH 2.31%) stock sailed along and the travel market seemed entirely secure. Then, the COVID-19 pandemic struck and cruise activity came to a […]
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