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Inflation data stays in focus in the session ahead
The UK release will be the key release to watch, especially as a BoE rate cut in August remains a close possibility. Headline annual inflation is forecast to ease to 1.9%, but core annual inflation is expected to hold steady at 3.5%. Services inflation is holding steady and policymakers will…
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Le Poisson Rouge brings ticketing on-chain with Aptos integration
Le Poisson Rouge (LPR), a popular New York City concert hall, has entered into an exclusive partnership with live event ticketing platform KYD Labs to bring its ticketing system on-chain. On Tuesday, Aptos Labs Advertise KYD Labs and LPR have announced an exclusive four-year deal that will allow Aptos blockchain…
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BHP hits record for full-year iron ore production, meeting guidance (NYSE:BHP)
CUHRIG/E+ via Getty Images BHP (NYSE: BHP) said on Tuesday that it had identified Another record for annual iron ore production Meeting expectations, with steady production expected for next year. The world’s largest mining company by market value said in its report Operations Review for Fiscal Year 2024 It was…
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BHP hits record for full-year iron ore production, meeting guidance (NYSE:BHP)
CUHRIG/E+ via Getty Images BHP (NYSE: BHP) said on Tuesday that it had identified Another record for annual iron ore production Meeting expectations, with steady production expected for next year. The world’s largest mining company by market value said in its report Operations Review for Fiscal Year 2024 It was…
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Asian stocks dip on tech losses, Trump comments rattle Taiwan, China markets By Investing.com
Most Asian stocks fell on Wednesday, with losses centered around Taiwan and China after Republican presidential candidate Donald Trump said Taiwan should pay the United States for defense. However, broader losses were limited by a strong lead from Wall Street, with the Dow Jones rising about 2% to record highs,…
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Ripple Contributes $1 Million to Unseat Elizabeth Warren
Ripple has donated $1 million to support XRP advocate John Deaton in his campaign against Senator Elizabeth Warren in the Massachusetts Senate race. The money is being directed to the Commonwealth Unity Fund, a new political action committee created by attorney James Murphy, who donated $50,000 to the cause on…
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Rent the Runway cofounder Jennifer Fleiss on why cofounder relationships are critical for mental wellness in the startup game
Before Jennifer Fleiss joined the boards of Yale Ventures, luxury fashion company Lanvin, and photo service Shutterfly, the Harvard Business School graduate was trying to start a company with fellow entrepreneur Jennifer Hyman. It was 2009, and the two wanted to teach consumers how to rent designer clothes through a…
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Rent the Runway cofounder Jennifer Fleiss on why cofounder relationships are critical for mental wellness in the startup game
Before Jennifer Fleiss joined the boards of Yale Ventures, luxury fashion company Lanvin, and photo service Shutterfly, the Harvard Business School graduate was trying to start a company with fellow entrepreneur Jennifer Hyman. It was 2009, and the two wanted to teach consumers how to rent designer clothes through a…
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New Zealand’s Inflation Slowed In Q2 But Caused A Bullish Reaction For NZD
New Zealand just released inflation data for Q2 2024! The report showed consumer prices rose by 0.4%, which is less than the expected increase of 0.6%. In fact, it is the lowest reading since the second quarter of 2020! The annual reading of the Consumer Price Index also indicated a…
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Shiba Inu Lead Teases Major News For This Year’s ETHToronto
The Shiba Inu team confirmed in an official statement on Tuesday, press release ETHToronto has announced its commitment to innovation and community engagement as it announces its return as a headline sponsor of the ETHToronto Conference. The event, scheduled to take place from August 13-14, 2024, is a highlight of…
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Treasury to spend Sh69bn on July external debt repayments
Kenya plans to spend about $533 million (Sh69 billion) on external debt servicing this month, putting fresh pressure on foreign exchange reserves recently replenished with proceeds from a World Bank loan. Public debt data compiled by the Bretton Woods Institution shows that semi-annual payments to China for loans contracted since…
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Financial Times: Donald Trump warns US Fed chair not to cut rates before the election
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…
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Bitso to Bring Bitcoin Lightning to its 8 Million Users via Lightspark
Leading Latin American cryptocurrency exchange Bitso has partnered with Lightspark to integrate the Bitcoin Lightning Network onto its platform. This will deliver faster and cheaper Bitcoin transactions to Bitso’s user base of over 8 million retail customers and 1,700 institutional clients. Bitso will leverage Lightspark’s infrastructure to enable Lightning transfers.…
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Bitso to Bring Bitcoin Lightning to its 8 Million Users via Lightspark
Leading Latin American cryptocurrency exchange Bitso has partnered with Lightspark to integrate the Bitcoin Lightning Network onto its platform. This will deliver faster and cheaper Bitcoin transactions to Bitso’s user base of over 8 million retail customers and 1,700 institutional clients. Bitso will leverage Lightspark’s infrastructure to enable Lightning transfers.…
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Could Labour’s plan to put VAT on private schools lead to parents ‘Finding Religion’
Ah, Labour, that beacon of fairness and redistribution, has once again given us a stroke of genius. This time, the plan is to impose a VAT on private schools, those bastions of privilege and first-class education. Now, while the sight of Eton and Harrove pupils writhing in fear at the…
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With Trump VP pick J.D. Vance, Silicon Valley conservatives land a ‘tech bro’ on the ticket By Reuters
By Alexandra Ulmer and Don Chmielewski MILWAUKEE (Reuters) – Donald Trump’s pick of J.D. Vance as his running mate raised hopes among Silicon Valley conservatives on Tuesday that they might benefit from having a fellow tech entrepreneur within reach of the White House for the first time. “We have a…
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Classic Hedge Fund Trade Is a Winner in China’s Two-Speed Market
Breadcrumbs Path Links PMN Business Chinese stocks have been among the world’s worst performers over the past year, but they’re outperforming their major peers based on one hedge fund strategy. Article author: Bloomberg News Henry Ren and Charlotte Young Published on July 16, 2024 • Read for 4 minutes You…
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New Zealand CPI eases more than expected in Q2, pushes RBNZ rate cut bets By Investing.com
New Zealand’s consumer price inflation rate fell more than expected in the second quarter, boosting bets that the economy is slowing at a pace that could prompt an interest rate cut by the Reserve Bank. China’s gross domestic product grew 3.3% year-on-year in the three months to June 30, government…