Category: Extends
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Bloomberg Analyst Extends Deadline For Launch
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Bloomberg analyst Eric Balchunas has changed the expected deadline for the launch of Ethereum ETFs in the US. This development comes on the heels of the SEC’s comments regarding the second round of S-1 Forms filings. S-1 Forms Receive Delayed Response From SEC – Details In May, the Securities and…
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Bloomberg Analyst Extends Deadline For Launch
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Bloomberg analyst Eric Balchunas has changed the expected deadline for the launch of Ethereum ETFs in the US. This development comes on the heels of the SEC’s comments regarding the second round of S-1 Forms filings. S-1 Forms Receive Delayed Response From SEC – Details In May, the Securities and…
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Bitcoin Extends Drop After One of Crypto’s Worst Weeks of 2024
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(Bloomberg) — Losses are piling up in the cryptocurrency market after its second-worst weekly decline in 2024, a reflection of slowing demand for bitcoin exchange-traded funds and uncertainty over monetary policy. Most read from Bloomberg A measure of the 100 largest digital assets fell about 5% in the seven days…
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CSLM Acquisition extends deadline for business combination By Investing.com
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CSLM Acquisition Corp. announced (NASDAQ:CSLM), a special purpose acquisition company, announced the deposit of $70,000 into its trust account. The strategic move, announced Monday, extends the company’s deadline to finalize the business combination until July 18, 2024. The company, also known as a blank check company, has the option to…
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Kenya Airways quietly extends CEO Allan Kilavuka’s contract
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Kenya Airways has quietly extended CEO Allan Kilavuka’s term by three years until April 2026, the national carrier’s chairman Michael Joseph confirmed on Friday. Mr Kilavuka was first appointed as CEO of KQ Group in April 2020. He held the acting position between January and March 2020 following the exit…
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Argentina extends currency swap with China, defusing repayment fears By Reuters
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BUENOS AIRES (Reuters) – Argentina and China have renewed the activated portion of a major currency swap line for the equivalent of $5 billion until July 2026, the central bank said on Wednesday, dispelling concerns that they may have to make large installments over the next month. . The South…
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US dollar extends decline after poor pending home sales reading
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The US dollar hit intraday lows after the worst pending home sales report in three years. The 7.7% monthly decline in April highlights the impact of rising interest rates, especially as Treasury yields rose during the month. EURUSD 10 minutes The market is struggling to figure out where the American…
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After China drills, Taiwan president again extends goodwill By Reuters
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TAIPEI (Reuters) – Taiwan President Lai Ching-te once again showed goodwill toward China and offered cooperation on Sunday after two days of Chinese war games near the island, saying he looked forward to promoting mutual understanding and reconciliation. China, which claims to democratically rule Taiwan as its own territory, held…
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Oil extends fall on signs of weak fuel demand, strong dollar By Reuters
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Written by Florence Tan SINGAPORE (Reuters) – Oil prices continued to decline on Monday amid signs of weak demand for fuel and at a time when statements by Federal Reserve officials (the US central bank) weakened hopes for lowering interest rates, which could lead to slowing growth and reducing demand.…
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Japan’s consumer spending extends declines as outlook weakens By Reuters
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Written by Satoshi Sugiyama and Tetsushi Kagimoto TOKYO (Reuters) – Consumer spending in Japan fell for the 13th straight month in March, creating challenges for policymakers seeking to drive stronger real wage growth, a prerequisite for a hike in interest rates by the central bank. Household spending fell 1.2% in…
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SEC Further Extends Date for Decision on Invesco Galaxy Spot Ethereum ETF
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The US Securities and Exchange Commission (SEC) has postponed its decision on whether or not to approve the proposed Invesco Galaxy exchange-traded fund (ETF) product for a third time. With the latest delay, the agency has until July 5 to make its final decision on the spot ETF order. The…