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USD/CAD marches towards 1.3600 as Oil retreats, US Dollar rebounds ahead of key central bank updates

USD/CAD picks up bids to print the first daily gains in four, bounces off weekly low. Sluggish markets, rebound in US Treasury yields allow US Dollar to pare recent losses. WTI crude oil eases from one-week high as downbeat China data, higher interest rates probe oil bulls. USD/CAD extends recovery from weekly low to refresh […]

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When is SBI Mutual Fund IPO coming? Big update shared by SBI Chairman, investers must read | Markets News

New Delhi: State Bank of India chairman Dinesh Kumar Khara said the planned share sale of the bank’s mutual fund subsidiary has been shelved for the time being. SBI Mutual Fund, the country’s largest asset manager with around Rs 6.5 lakh crore in asset under management, had in February selected seven merchant bankers for […]

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VINFAST US TO JOIN THE US

WASHINGTON, Dec. 14, 2022 /PRNewswire/ — Today, VinFast US, member of Vietnam’s largest private corporation Vingroup, announced in conjunction with the US-ASEAN Business Council (USABC), the premier advocacy group and the only US-based organization recognized in the Association of Southeast Asian Nations (ASEAN) Charter, that VinFast US has become the newest member of the US-ASEAN Business […]

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Fundstrat Sees 18% Gains on ‘Soft Landing’

The stock market will rally 18% in 2023 as the economy sticks a soft landing, Fundstrat’s Tom Lee said. Fundstrat’s 2023 outlook for the S&P 500 to end the year at 4,750 is the most bullish forecast on Wall Street. “US economy [is] remarkably resilient in the face of rapid Fed hike cycle,” Lee said. […]

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If Warren Buffett Could Tell You 1 Investment to Make, This Would Probably Be It

Earlier this year, an anonymous bidder at a charity auction paid $19 million to have lunch with Warren Buffett. I have no doubt that the mealtime conversation was interesting. Most people will never get the chance to have a face-to-face talk with Buffett. However, you don’t have to sit down with the Oracle of Omaha […]

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ANALYSIS | Protecting 30% of the planet to save nature is not as simple as it sounds

Two Red-eyed Tree frogs (Agalychnis callidryas) mate at Exotic Fauna breeding zoo, where exotic animals are reproduced to be marketed as pets in US, Canada and Asia, in Ticuantepe, on the outskirts of Managua in Nicaragua. Photo: Reuters / Maynor Valenzuela BUSINESSS From the lush Amazon rainforest to the frigid Arctic Ocean, the world’s […]

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Coronavirus Pandemic: Expert forecasts China's economy to benefit in 2023 by easing some Covid restrictions – CGTN

Coronavirus Pandemic: Expert forecasts China’s economy to benefit in 2023 by easing some Covid restrictions  CGTN Read the full article…

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FTX CEO says company engaged in ‘old-fashioned embezzlement’ under SBF

FTX’s bankruptcy-era CEO, John J. Ray III, appointed to shepherd the collapsed crypto exchange through Chapter 11 reorganization, testified on Tuesday the company’s founder and former CEO, Sam Bankman-Fried, made multiple misstatements about his companies’ financials. Ray, who oversaw Enron’s infamous corporate fraud, characterized FTX’s actions as “old fashioned embezzlement.” “This is just taking money […]

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Workshop planned on possible changes to Broad Street in downtown Chattanooga and other business news

River City Co. plans Broad Street workshop A free hands-on workshop for Chattanooga’s Reimagining Broad Street planning process will be held on Jan. 10 from 5:30 p.m. to 7:30 p.m. at the Tennessee Aquarium River Journey Building, according to the downtown nonprofit redevelopment group River City Co. Over 1,000 Chattanooga residents completed a survey as […]

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Japan’s Biggest Firms Take Different Views on Economic Outlook

(Bloomberg) — Japan’s biggest firms are taking different views on the state of the economy as clouds gather over global growth while opened borders and relaxed restrictions offer renewed opportunities at home. Most Read from Bloomberg An index of confidence among the country’s biggest manufacturers edged down to 7 in December from 8, while the […]

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