Author: Investor Empires
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India stocks higher at close of trade; Nifty 50 up 0.42% By Investing.com
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Investing.com – Indian stocks were higher after Tuesday’s close, as gains in the banking and services sectors led shares higher. At the close on the NSE, the index added 0.42%, while the BSE added 0.44%. The session’s top performer was Divi’s Laboratories Ltd. (NS:), which rose 5.09% or 263.50 points…
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Cardano Foundation Reports Massive Growth In These Key Metrics
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This article is also available in Spanish. In August, the Cardano (ADA) system saw significant growth across several key metrics, coinciding with the anticipated Chang upgrade, which was successfully implemented on September 1. Despite the bearish market sentiment that impacted the price of ADA during this period, the Cardano Foundation…
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UBS shifts to bearish US dollar view, sees potential GBP strength By Investing.com
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UBS advised investors to sell any potential short-term gains in the US dollar and adopt a more bearish stance on the currency in the medium term. The bank expects a possible corrective recovery in September, especially if the Fed’s reluctance to implement more than 25 basis points of interest rate…
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UBS shifts to bearish US dollar view, sees potential GBP strength By Investing.com
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UBS advised investors to sell any potential short-term gains in the US dollar and adopt a more bearish stance on the currency in the medium term. The bank expects a possible corrective recovery in September, especially if the Fed’s reluctance to implement more than 25 basis points of interest rate…
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FRIEND surges 60% as FriendTech dismisses shutdown rumors
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Social media platform Friend.Tech says it has no plans to shut down its web app, reassuring users that the smart contract changes will not impact existing functionality or fees. Web3 social media platform Friend.Tech has reassured users that it has no plans to shut down its web app, following concerns…
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Jabil plans to set up electronics manufacturing unit in Tiruchirapalli, creating 5K jobs
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JHVEPhoto/iStock Editorial via Getty Images ByblosNew York Stock Exchange: JBL) Signed an MoU with the Government of Tamil Nadu to expand operations in Tiruchirappalli, India, at an investment of Rs. 2,000 crore. The agreement, signed in Chicago, aims to establish Jabil as a major manufacturing hub in India, complementing its…
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Chart Art: USD/CHF’s Triangle Resistance Zone
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The US dollar is struggling to extend its advance above the key resistance area. Will the pair continue its downward trend that has been ongoing for months? Or will this week’s events force the dollar higher? USD/CHF currency pair over 4 hours Chart by TradingView As you can see, the…
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Chart Art: USD/CHF’s Triangle Resistance Zone
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The US dollar is struggling to extend its advance above the key resistance area. Will the pair continue its downward trend that has been ongoing for months? Or will this week’s events force the dollar higher? USD/CHF currency pair over 4 hours Chart by TradingView As you can see, the…
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Detained China banker’s wealth drops $750M amid Beijing crackdown
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In the boom years when China produced billionaires Every two daysBanking money maker Bao Fan almost achieved this feat himself. His skill in advising tech giants like Alibaba Group Holding Ltd. has made him one of the country’s most sought-after financiers, helping him amass a fortune worth more than $800…
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Gold Technical Analysis – We remain stuck in the range
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Basic Overview Markets were waiting for the US non-farm payrolls report for a clear signal of a 25 or 50 basis point rate cut at the upcoming FOMC meeting, but instead we got a mixed report with some better details. As a result, the odds of a 50bp rate cut…
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Australian Bitcoin ETF to Implement Proof of Reserves with Hoseki
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Monochrome Asset Management Company announced Monochrome Bitcoin ETF (IBTC) will carry out the reserve verification process through a new partnership with HosikiThis makes IBTC the first Australian Bitcoin ETF to adopt such transparency measures. The Monochrome Bitcoin ETF, which launched earlier this year, has seen steady inflows of 134 bitcoins…
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Investors in EABL Uganda unit eye major windfall in buyout
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Minority shareholders in Uganda’s EABL subsidiary Uganda Breweries Limited (UBL) are set to receive a windfall of up to 34 times their historical investment in the company when they sell their 1.81 percent stake to EABL through a tender that opened a week ago. Files in EABL’s 2024 annual report…
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Iliad founder Niel buys Ukraine’s third-largest mobile provider By Reuters
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Written by Gianluca Lo Nostro (Reuters) – A consortium of investors led by French billionaire Xavier Niel has closed the deal to acquire Ukrainian mobile phone operator LifeCell and merge it with data provider DataGroup Volia, investment firms involved in the deal said on Monday. Why is it important? Lifecell…
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Solana Price (SOL) Shows Strength: Is a Return to $150 Possible?
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Solana started a recovery wave from the $120 area. Solana price is rising and may target the move towards the $150 resistance level. SOL price started a recovery wave above the $125 level against the US Dollar. The price is now trading above the $128 level and the 100-hour simple…
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Labour finalising £500m rescue for Tata Steel’s Port Talbot plant
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The UK government is close to completing a £500m bailout for Tata Steel’s Port Talbot plant, after its blast furnaces were shut. The financing agreement, initially developed under the previous government, aims to help Tata Steel shift to a more environmentally friendly production method by building an electric arc furnace…
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Asia FX muted, dollar advances with inflation, Fed on tap By Investing.com
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Investing.com – Most Asian currencies moved little on Tuesday, while the dollar rose in anticipation of key inflation data that is likely to influence U.S. interest rate expectations. Most regional currencies suffered some losses over the past week as risk appetite declined due to concerns about deteriorating global economic conditions.…
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New GambleFi token Mega Dice raises nearly $2M as presale nears end
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Mega Dice has launched its own DICE token, which offers casino perks, NFTs, and a $50 million monthly revenue share. Mega Dice is the latest crypto casino to launch its…
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New GambleFi token Mega Dice raises nearly $2M as presale nears end
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Mega Dice has launched its own DICE token, which offers casino perks, NFTs, and a $50 million monthly revenue share. Mega Dice is the latest crypto casino to launch its…