Author: Investor Empires
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Asian stocks rise; China up on repo rate cut, Australia hit by retailer losses By Investing.com
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Most Asian shares rose slightly on Monday amid continued optimism over lower interest rates, while Australian markets lagged as major retail stocks fell sharply in the face of an antitrust lawsuit. Chinese markets rose after the People’s Bank of China cut its short-term lending rate, although overall gains were limited.…
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Bitcoin Remains Resilient Despite Satoshi-Era Miner Sales, Here’s Why
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Over the past week, several dormant mining wallets from the Satoshi era have been moving large amounts of Bitcoin (BTC). Generally, when miners sell their Bitcoin, especially in large quantities, it can lead to selling pressure that pushes the price down. However, despite the recent miner selling activity, Bitcoin is…
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How Kirubi group exit sparked Old Mutual shareholder battle
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Three Kenyan billionaires – James Mogiye, the late Chris Kirby and Joe Wangui – have controlled UAP Holdings for years, which has paid them huge dividends from years of consistent profitability. The money tycoons also made billions of dollars from calculated stock sales that left a bad taste in the…
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Australian (populist swill) politicians are now actively moving to remove RBA independence
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The Australian Greens want to end the independence of the Reserve Bank of Australia. The Greens have said they will only support changes to the RBA if interest rates are cut. Australian Treasurer Chalmers is trying to create a new monetary policy board at the Reserve Bank of Australia, but…
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Bitcoin ‘Final Cycle Pump’ Puts Price As High As $200,000
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This article is also available in Spanish. Bitcoin (BTC) You may be preparing for your last explosive rally. Four year market cyclewhich traditionally begins at the start of the halving event and ends before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could rise…
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Bitcoin ‘Final Cycle Pump’ Puts Price As High As $200,000
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This article is also available in Spanish. Bitcoin (BTC) You may be preparing for your last explosive rally. Four year market cyclewhich traditionally begins at the start of the halving event and ends before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could rise…
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Bitcoin ‘Final Cycle Pump’ Puts Price As High As $200,000
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This article is also available in Spanish. Bitcoin (BTC) You may be preparing for your last explosive rally. Four year market cyclewhich traditionally begins at the start of the halving event and ends before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could rise…
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Bitcoin ‘Final Cycle Pump’ Puts Price As High As $200,000
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This article is also available in Spanish. Bitcoin (BTC) You may be preparing for your last explosive rally. Four year market cyclewhich traditionally begins at the start of the halving event and ends before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could rise…
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Rachel Reeves urges end to remote working in favour of office return
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Rachel Reeves has called on workers to return to the office, stressing the benefits of in-person collaboration, as she prepares to set out Labour’s economic vision at the party’s conference in Liverpool this week. Frankly speaking Interview with The TimesThe Chancellor has rejected the idea of remote working, saying she…
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Rachel Reeves urges end to remote working in favour of office return
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Rachel Reeves has called on workers to return to the office, stressing the benefits of in-person collaboration, as she prepares to set out Labour’s economic vision at the party’s conference in Liverpool this week. Frankly speaking Interview with The TimesThe Chancellor has rejected the idea of remote working, saying she…
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Citigroup’s China expansion plan put on hold by US regulators, Bloomberg News reports By Reuters
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(Reuters) – Citigroup Inc.’s plan to expand into China has hit a snag with U.S. regulators after the Federal Reserve sanctioned the bank over its data management and risk controls, Bloomberg News reported on Sunday. The bank is facing delays in setting up an independent securities firm because it has…
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Citigroup’s China expansion plan put on hold by US regulators, Bloomberg News reports By Reuters
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(Reuters) – Citigroup Inc.’s plan to expand into China has hit a snag with U.S. regulators after the Federal Reserve sanctioned the bank over its data management and risk controls, Bloomberg News reported on Sunday. The bank is facing delays in setting up an independent securities firm because it has…
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IntelMarkets may skip the queue to become bigger altcoin than Ripple and SUI blockchain
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Ripple (XRP) Leads Cross-Border Payments, SUI Focuses on Scalability, But IntelMarkets Could Rival It With 2,000% Growth Potential On the other hand, Ripple (XRP) has a prominent position in the…
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IntelMarkets may skip the queue to become bigger altcoin than Ripple and SUI blockchain
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Ripple (XRP) Leads Cross-Border Payments, SUI Focuses on Scalability, But IntelMarkets Could Rival It With 2,000% Growth Potential On the other hand, Ripple (XRP) has a prominent position in the…
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Coles, Woolworths Sued by Regulator for Misleading Discounts
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Breadcrumbs Path Links PMN Business Australia’s competition regulator has filed a lawsuit against Coles Group Ltd and Woolworths Group Ltd, the country’s two largest supermarket chains, over allegations they misled shoppers about discount claims on hundreds of popular products. Article author: Bloomberg News Peter Vercoe Published on September 22, 2024…
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Coles, Woolworths Sued by Regulator for Misleading Discounts
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Breadcrumbs Path Links PMN Business Australia’s competition regulator has filed a lawsuit against Coles Group Ltd and Woolworths Group Ltd, the country’s two largest supermarket chains, over allegations they misled shoppers about discount claims on hundreds of popular products. Article author: Bloomberg News Peter Vercoe Published on September 22, 2024…
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Australia preliminary Sept PMI: Manufacturing 46.7 (prior 48.5) Services 50.6 (prior 52.5)
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The preliminary Australian manufacturing PMI from S&P Global Platts slips deeper into contraction at 46.7 Services decline but remain in expansion at 50.6 The composite index declined due to a decline in the manufacturing PMI, with the composite index recording 49.8. Summary of the report commentary: Manufacturing sector shrinks, registering…
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CryptoQuant CEO Backs CZ As Binance Founder Nears Freedom
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Ki Young Ju, CEO of blockchain analytics firm CryptoQuant, has expressed strong support for Binance founder Changpeng Zhao (CZ) as he nears the end of his detention. The former Binance CEO and crypto influencer is currently serving a four-month prison sentence after pleading guilty to violating the US Bank Secrecy…
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Markets wary of Gideon Sa’ar joining government
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The trend in yesterday’s session on the Tel Aviv Stock Exchange and in the foreign exchange market was negative, and it worsened as the day went on. This was in contrast to the global trend of a weaker US dollar, and the mixed trend on European stock exchanges and in…
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Apollo eyes $5 billion investment in Intel, Bloomberg News reports By Reuters
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(Reuters) – U.S. asset manager Apollo Global Management Inc (NYSE:) has offered to invest up to $5 billion in Intel Corp (NASDAQ:), Bloomberg News reported on Sunday. Apollo has indicated in recent days that it is prepared to make a multibillion-dollar equity-like investment in Intel, the report said, citing a…