Category: Fresh
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At the close: S&P 500 reverses lower after touching a fresh record high
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SPX daily Closing changes: The S&P 500 fell 0.4%. Nasdaq down 0.7% Russell 2000 +0.1% Dow Jones Industrial Average -0.1% Toronto TSX Companies -0.5% The S&P 500 closed the first half of the year up 14%, but today’s pullback from its all-time high is somewhat ominous. Against this backdrop, however,…
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Japan issues fresh warnings against sharp yen falls By Reuters
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Written by Kentaro Sugiyama and Laika Kihara TOKYO (Reuters) – Japanese authorities will take necessary measures on currencies, Finance Minister Shunichi Suzuki said on Thursday, signaling a willingness to intervene in the foreign exchange market after the yen fell to a fresh 38-year low against the dollar. “It is desirable…
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Treasury seeks MPs nod for fresh Sh1bn Kenya Airways bailout
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Kenya Airways will receive Sh1 billion financial support from the Treasury for the financial year starting July if lawmakers approve the recommendations of the National Assembly Select Committee on Budget and Appropriations. The Ndinde Nyoro-led committee has asked lawmakers to approve the national carrier’s new bailout to partly fund its…
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DeFi Lender UwU Hacked for Nearly $20M in Fresh Exploit
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UwU Lend, a decentralized lending platform, has become the latest victim of a malicious hack. According to blockchain security company, Arkham, the lending protocol has seen $19.3 million stolen by bad actors. although Cause of hacking His identity has not yet been determined, and some users claim that the project…
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Visa and Mastercard Face Fresh Trouble in the UK as Tribunal Greenlights Merchant Lawsuits
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Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…
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Stage Set For Fresh Rally?
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On-chain data shows that Bitcoin could get significant support between $66,900 and $68,900, which could help provide solid ground for a new rally to higher levels. A large number of investors bought their Bitcoin for between $66,900 and $68,900. According to market intelligence platform data IntoTheBlock, BTC is currently floating…
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Bitcoin Price Struggles: Can the Leading Cryptocurrency Start Fresh Increase?
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Bitcoin price continued its decline below the $68,000 level. BTC is now slowly moving towards the $66,250 support area in the near term. Bitcoin extended its bearish correction below the $68,000 area. The price is trading below $68,500 and the 100 hourly simple moving average. There is a major bearish…
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Japan issues fresh warning on yen drops, signals readiness to intervene By Reuters
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Written by Laika Kihara STRESA, Italy (Reuters) – Japan is ready to take appropriate market action “at any time” to counter excessive movements in the yen, Japan’s top currency diplomat Masato Kanda said on Friday, issuing a new warning about the chance of a renewed exchange rate. Interference rate. Kanda…
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Fresh Wave of Demand for Bitcoin (BTC) Could Spark New Rally
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Bitcoin rose above $71,000 this week, breaking out of a tight trading range in which it had been confined for several weeks. One of the main catalysts for this price movement is strong demand through ETFs, with net inflows of around $1.2 billion over the past week. Going forward, several…
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US FDIC needs ‘fresh start’ with new chair, White House official says By Reuters
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Written by Nandita Bose, Pete Schroeder, and Douglas Jellison WASHINGTON (Reuters) – The White House believes the U.S. Federal Deposit Insurance Corporation needs a “fresh start” with a new president who is not part of the leadership that has overseen its long-standing cultural problems, a White House official told Reuters…
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Banks face fresh hit from parastatals’ idle cash ban
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Parastatals in Kenya have been banned from holding idle funds in bank accounts under a new public finance reform plan that seeks to promote transparency and efficiency in the use of public resources. Treasury Minister Njuguna Ndung’u revealed that the Treasury has officially adopted a hybrid single-account model whereby ministries…