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Investment
Don’t trust the stock rally — nothing has changed, strategist says
LONDON — Stocks are heading for a bumper week, but there are many reasons to be wary, one strategist warned on Friday."In short, we don't believe this rally," Salman Ahmed, global head of macro and strategic asset allocation at Fidelity…
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Bank of England set to hold rates again, but markets see no cuts on the horizon
People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023.Henry Nicholls | ReutersLONDON — The Bank of England is widely expected to keep interest rates unchanged on Thursday,…
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Can stocks climb out of their three-month hole?
The Wall Street bronze Bull looks out to an empty Broadway in Lower Manhattan, New York, early August 28, 2011 as Hurricane Irene hits the city and Tri State area with rain and high winds. New York City resembled a ghost town after…
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Thailand’s Kasikorn Bank acquires 97% stake in Satang crypto exchange
Kasikorn Bank has acquired a 97% stake in Thailand-based cryptocurrency exchange Satang.
The bank’s deal is reportedly…
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WTO chief warns Israel-Hamas war could hurt global growth
World Trade Organization Director-General Ngozi Okonjo-Iweala opens the 2021 WTO Public Forum with a round table on Covid and trade, in Geneva, on September 28, 2021. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via…
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Jamie Dimon’s trades show the benefit of tracking insider buying, selling
For the first time in nearly two decades running JPMorgan Chase, CEO Jamie Dimon will voluntarily sell stock in the bank. The disclosure, in a securities filing Friday, detailed next year's planned sales — pressuring JPMorgan (JPM)…
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Maine shooting manhunt enters second day
Law enforcement personnel block a road as they search a house on Meadow Road in Bowdoin, Maine, on Oct. 26, 2023.Salwan Georges | The Washington Post | Getty ImagesAuthorities in Maine on Friday released the names of the 18 victims who…
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revenue barely grew despite growing phone, car sales
Visitors line up in front of the Huawei flagship store on Nanjing East Road, one of the city's main commercial and tourist area, in Shanghai, China, on Sept. 30, 2023.Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese tech giant…
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Ripple enhances crypto liquidity with Uphold partnership
Uphold will help Ripple enhance its underlying crypto liquidity infrastructure.
Ripple’s cross-border solution has…
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Israel envoy calls for UN chief’s resignation
United Nations Secretary-General Antonio Guterres (C) speaks during a press conference at the Rafah border crossing between Egypt and the Gaza Strip. Gehad Hamdy | Picture Alliance | Getty ImagesIsrael's representative to the U.N. called…
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