finance
US stocks snap 7-day winning streak as gold tops $4,000 per ounce
NEW YORK — Wall Street’s record-breaking rally ran out of momentum on Tuesday after the price of gold topped $4,000 per ounce for the first time. The S&P 500 dipped 0.4 percent from its latest all-time high and broke a seven-day winning streak. The Dow Jones Industrial Average fell 91 points, or 0.2 percent, and
Indians Using Central Bank Digital Currency Cross 70 Lakh, RBI In
Sankar said the work is underway on a Digital Payments Intelligence Platform (DPIP) that can analyse and assign a risk score to transactions on a real-time basis.
POLL: 70% of Americans think economy on ‘wrong track’…
POLL: 70% of Americans think economy on ‘wrong track’.(Second column, 2nd story, link) Related stories: Dot-Com Fears Rise With Tech Stocks Seeing $100B Swings. MOODY’S: America saw NO job growth last month. How ‘Buy Now, Pay Later’ traps users in vortex of debt. Drudge Report Feed needs your support! Become a Patron.
Bitcoin Poised for $644,000 Value as Gold Reaches Record High: Report
Bitcoin might have been worth close to half the value of gold by its next halving in 2028. According to the analysts, the historical surge recorded by gold puts the channel equivalent value of Bitcoin at approximately $644,000. The projection comes after gold futures soared past the value of $4,000 per ounce, further justifying the […]
Del Monte mulls over $600-M share offer
MANILA, Philippines — Del Monte Pacific Ltd. (DMPL) is planning to raise up to $600 million from the issuance of new shares in its Philippine business to address a shortage of capital related to its loss-making American unit. In a regulatory filing on Tuesday, the Campos-led company said it was considering an equity raise through private
Del Monte plans $600-M equity raising to erase debt
MANILA, Philippines — Canned fruit maker Del Monte Pacific Ltd. (DMPL) is planning to raise up to $600 million from the issuance of new shares in its Philippine business to cut its liabilities. In a regulatory filing on Tuesday, the Campos-led company said it was considering an equity raise through private placement at Del Monte
T-bill rates up ahead of inflation data, BSP meet
MANILA, Philippines – Yields on short-dated government debts went up during Monday’s sale of Treasury bills (T-bills) as investors await the inflation data and the central bank’s next policy decision this week. Auction results showed the Bureau of the Treasury was able to raise its target amount of P22 billion via T-bills. READ: Sept. inflation
Foxconn’s Q3 results: Revenue jumps 11% YoY to $67.7B
Foxconn’s Q3 results: Revenue jumps 11% YoY to $67.7B
Foxconn’s Q3 results: Revenue jumps 11% YoY to $67.7B
Foxconn’s Q3 results: Revenue jumps 11% YoY to $67.7B
Foxconn’s Q3 results: Revenue jumps 11% YoY to $67.7B
Foxconn’s Q3 results: Revenue jumps 11% YoY to $67.7B