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The Keg Royalties Income Fund announces August 2024 cash distribution
Article Content VANCOUVER, British Columbia, Aug. 9, 2024 (GLOBE NEWSWIRE) — Keg Revenue Income Fund (the “Fund”) (TSX: KEG.UN) today announced that an August 2024 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as of August 21, 2024. The August 2024 distribution will…
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Forexlive Americas FX news wrap 9 Aug: A dull Friday ends a volatile week
It seems like a lifetime ago, but on Monday, markets looked like they were on the brink of a catastrophe. Japan’s Nikkei 225 fell 12.4% on Monday, and analysts were trying to figure out where to place the circuit breakers. There was talk that the Federal Reserve would hold an…
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Legendary Trader Peter Brandt Reveals The ‘Clear Winner’
Cryptocurrency analyst reignites debate between Ethereum (ETH) Solana (SOL), to assess which cryptocurrency outperformed the other. Looking at recent market trends and the performance of both altcoins, the analyst finally identified a clear winner in the competition. Solana Wins Battle Against Ethereum In X Talk (formerly Twitter) mailPeter Brandt, a…
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IAI enters $1.9b G2G agreement with Ministry of Defense
Israel Aerospace Industries (IAI) announced this morning that it has signed an intergovernmental agreement with the Ministry of Defense to be the prime contractor for the manufacture and supply of defense systems to third parties. The total value of the project is expected to be approximately $1.9 billion. Payments to…
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Bitcoin Price Surge Past $60K Amid Largest ETF Inflow
In a remarkable turnaround, Bitcoin, the leading cryptocurrency, has seen a major recovery, reclaiming the long-coveted $60,000 mark and pushing its market cap past the $1 trillion mark. This rally in Bitcoin’s price has been supported by increased institutional investment, as evidenced by large inflows into Bitcoin ETFs. Bitcoin sees…
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Brazil plane crash kills all 61 aboard By Reuters
Written by Gabriel Araujo, Andre Romani and Luana Maria Benedetto SAO PAULO (Reuters) – A regional turboprop plane crashed near Sao Paulo in Brazil on Friday, killing all 61 people on board, the airline said. The plane, which was bound for Sao Paulo’s international airport, took off from Cascavel in…
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Leveraged funds’ yen net short position shrinks on carry trade unwind By Reuters
Written by Saqib Iqbal Ahmed NEW YORK (Reuters) – Leveraged funds’ net short positions in the Japanese yen shrank to their smallest net short position since February 2023 in the latest week, data from the U.S. Commodity Futures Trading Commission and the London Stock Exchange showed on Friday. Data through…
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Tether’s USDT achieves $115B market cap milestone
The market cap of Tether’s stablecoin USDT has surpassed $115 billion. According to X is somewhat ambiguous. mail By CEO Paolo Ardoino, Tether’s stablecoin USDT (USDT) has reached a significant milestone, surpassing $115 billion in market cap. This achievement confirms USDT’s dominance in the stablecoin market, where it has accounted…
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Goldman Sachs Launches Preferred Stock ETF For High Income
Stock market quote Goldman Sachs Asset Management Introduced a new preferred stock fund – its fifth fund for 2024. Goldman Sachs Axis U.S. Preferred Equity and Hybrid ETF (GPRF) It began trading on August 8, according to a company press release. The statement said that the GPRF Fund aims to…
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Global Market Weekly Recap: August 5 – 9, 2024
Risk sentiment was one of the main driving forces behind price action for most of the week, although there were instances where some asset classes and major currencies deviated from the group. On the other hand, central bank events and high-profile economic updates highlighted divergences in interest rate expectations, spurring…
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Crypto Craze In Turkey: License Requests Soar Amid Regulatory Changes
As the government works to create a more regulated legal environment for crypto assets, Turkey is seeing an increase in applications for cryptocurrency licenses. This trend, fueled by a group of Legal clarity and economic considerations, It shows how keen cryptocurrency companies are to operate in the country. The continued…
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Citi upgrades Nevro to neutral following sell-off (NYSE:NVRO)
Adam Goulet Citi has upgraded Nevro (New York Stock Exchange: NFPRO) to neutral, citing the recent sell-off in the stock following the company’s revised guidance. The investment bank noted that Nevero’s shares have fallen about 74% since the beginning of the year, adding that it believes “there is little near-term…
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In the future you will vote for who can keep the lights on
These comments from Brookfield CEO Bruce Flatt caught my attention: The next 20 years will be an unprecedented period for electricity generation. The electrification of industrial power, automobiles, home heating and other uses is driving unprecedented growth in electricity demand. Moreover, the world is adding data centers for artificial intelligence…
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Olympics track and field: Coaches explain how they train
For Olympic fans, watch the pole vault. Mondo Duplantis Achieving his goal of winning the gold medal — and setting a world record — was one of the most exciting events of the 2024 Olympics. But that six-second moment came after countless hours of training that honed very specific traits:…
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Customers Bancorp names veteran Allen Love its chief compliance officer By Reuters
(Reuters) – Customers Bancorp (NYSE:CBM) on Friday named industry veteran Allen Love as its chief compliance and anti-money laundering officer. The announcement comes a day after the US Federal Reserve imposed enforcement action on the bank, which manages $22 billion in assets, over “significant deficiencies” in its risk management and…
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Which Crypto Will Bring More Life-Changing Profits
The cryptocurrency landscape is abuzz with excitement as investors weigh their options between Ripple (XRP) and rapidly emerging digital currencies. Mbebe (Mbebe) With both cryptocurrencies showing the potential for huge gains, the question on everyone’s mind is: which one will deliver life-changing profits? Ripple (XRP): Legal Victory Sparks Rally Ripple…
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Which Crypto Will Bring More Life-Changing Profits
The cryptocurrency landscape is abuzz with excitement as investors weigh their options between Ripple (XRP) and rapidly emerging digital currencies. Mbebe (Mbebe) With both cryptocurrencies showing the potential for huge gains, the question on everyone’s mind is: which one will deliver life-changing profits? Ripple (XRP): Legal Victory Sparks Rally Ripple…
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Proposed Adani, JKIA deal risky and morally unfair to taxpayers
In 2019, I wrote an opinion piece in Business Daily titled “Why the KQ/KAA Deal Is Unconvincing.” Kenya Airways (KQ), which was on the verge of bankruptcy, was to acquire the assets and operations of the Kenya Airports Authority (KAA) with the aim of using the authority’s cash flows to…
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Key events and releases for next week’s trading
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…