Category: Report
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Hong Kong Boy Kidnapped, Ransom Demanded in USDT: Report
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In Tsung Kwan O, Hong Kong, a 3-year-old boy was kidnapped from a shopping mall on July 3. Following the incident, the kidnappers demanded a ransom of US$660,000, equivalent to about HK$5.15 million. Hong Kong Kidnappers Demand USDT The boy’s parents were I ordered To download the Telegram messaging app…
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Fed mon pol report: Labor supply-demand balance resembles pre-pandemic period
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Further progress on inflation expected this year but ‘greater confidence’ still needed before moving to cut interest rates Housing-related inflation will gradually decline. There are still large gaps in the labor market. The financial system is sound and resilient. Relatively high valuations relative to fundamentals in major asset classes Full…
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USD/CAD bounces from the range low after soft Canadian jobs report. What’s next
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USD/CAD Daily The Canadian dollar fell after the unemployment rate rose in June to 6.4% from 6.2%. The market had expected it to rise slightly to 6.3% but the economy lost 1,400 jobs in the month and signs of weakness have mounted. That’s why the recent drop in USD/CAD could…
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Donald Trump 2024 Victory May Fuel Year-End Bitcoin Price Surge, Report Finds
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As the US presidential election approaches, crypto traders and analysts are predicting a win for Donald Trump Bitcoin’s November price surge could lead to new highs, according to a report in the Financial Times. Despite expectations of Post-Half MarchBitcoin has struggled to gain momentum since April, as it faced various…
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US jobs report for June is likely to point to slower but still-solid hiring
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Breadcrumbs Path Links PMN Business Article author: Associated Press Paul Wiseman Posted on July 05, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content WASHINGTON (Reuters) – The U.S. labor market likely slowed…
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SoftBank in talks to get its hands on large volumes of Nvidia’s GPUs: Report By Investing.com
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Japanese technology investor SoftBank (TYO:) is in discussions to find a way to secure a large amount of graphics processing units (GPUs) from Nvidia that are essential for the development of artificial intelligence (AI). The latest move appears to be part of a broader plan by CEO Masayoshi Son to…
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Northern Data, European Bitcoin Miner, Explores IPO for US AI Unit (Report)
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Northern Data AG, a German high-performance computing infrastructure company, is evaluating the possibility of launching an initial public offering (IPO) in the United States for its cloud computing and data center units. The potential value of this IPO could reach $16 billion. According to According to Bloomberg News sources. Northern…
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Conn’s may file for Chapter 11 bankruptcy – report
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Marti157900/iStock Editorial via Getty Images being (NASDAQ:Connecticut) may file for Chapter 11 bankruptcy in the coming weeks, as the furniture retailer grapples with losses and years of challenges integrating rival WS Badcock, which it acquired last year, people familiar with the matter told Bloomberg. The news pushed Kun (Kun)) Stock…
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Property catastrophe reinsurance rates fall in July, report says By Reuters
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LONDON (Reuters) – Global property catastrophe reinsurance rates ranged from unchanged to “mid- to high-single-digit” declines in July after years of rising prices, reinsurance broker Guy Carpenter said on Monday. Insurance companies tend to renew their reinsurance contracts on specific renewal dates, including July 1. Reinsurance rates — insurance for…
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Israel spent $1.1b on nuclear weapons in 2023 – report
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The International Campaign to Abolish Nuclear Weapons ranked Israel seventh in terms of investment in nuclear weapons last year. The International Campaign to Abolish Nuclear Weapons estimates that Israel spent about $1.1 billion on nuclear weapons in 2023. The International Campaign to Abolish Nuclear Weapons was awarded the Nobel Peace…
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These Are The Smartest Ways to Make Money in DeFi: IntoTheBlock Report
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Cryptocurrency market information provider IntoTheBlock published a report on Thursday comparing the best risk-adjusted ways to earn returns in the world of decentralized finance (DeFi). Despite the “almost infinite number of configurable strategies,” the company claims that the best option is to stick with “straightforward strategies,” which are ultimately limited…
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These Are The Smartest Ways to Make Money in DeFi: IntoTheBlock Report
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Cryptocurrency market information provider IntoTheBlock published a report on Thursday comparing the best risk-adjusted ways to earn returns in the world of decentralized finance (DeFi). Despite the “almost infinite number of configurable strategies,” the company claims that the best option is to stick with “straightforward strategies,” which are ultimately limited…
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Here’s Why XRP and Cardano Might Not See ETFs Anytime Soon — Report
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The world of cryptocurrency ETFs seems to be expanding now, but not all digital assets are poised to easily transition into this financial product. analysis The potential for ETFs across multiple cryptocurrencies has provided insights that put XRP and Cardano in a difficult position for ETF adaptations. Using a comprehensive…
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Forexlive Americas FX news wrap: Benign PCE report collides with tumultuous politics
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Markets: Gold falls $3 to $2,342 US 10-year bond yields rose 9.8 basis points to 4.39% West Texas Intermediate crude fell 19 cents to $80.64. S&P 500 index falls 0.4% Australian Dollar Advances, Yen Lags Friday was the last day of the quarter, and this made drawing conclusions difficult. It…
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Modi’s govt calls on Indian state to look into Reuters report on Foxconn hiring By Reuters
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Written by Praveen Paramasivam, Munsif Vengattil and Aditya Kalra BENGALURU (Reuters) – Indian Prime Minister Narendra Modi’s government said on Wednesday it had asked Tamil Nadu state to submit a “detailed report” after a Reuters story revealed that Apple supplier Foxconn had refused to hire married women for iPhone assembly…
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US dollar’s dominance secure, BRICS see no progress on de-dollarization -report By Reuters
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Written by Andrea Shalal WASHINGTON (Reuters) – A new study by the Atlantic Council’s Center for Geo-Economics showed that the US dollar is still the world’s main reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global dependence on the dollar. The group’s…
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US dollar’s dominance secure, BRICS see no progress on de-dollarization -report By Reuters
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Written by Andrea Shalal WASHINGTON (Reuters) – A new study by the Atlantic Council’s Center for Geo-Economics showed that the US dollar is still the world’s main reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global dependence on the dollar. The group’s…
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Trump is in talks to speak at Bitcoin 2024 in July: report
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With just months to go until the 2024 US elections, former President Trump is looking to boost a potential key group: the cryptocurrency community. According to Axios, Trump is in talks with an eye toward speaking at the Bitcoin 2024 conference, which is expected to take place July 25-27, 2024,…