NYSE president: Bitcoin not a threat to traditional investing New York Stock Exchange President Stacey Cunningham on today’s markets, the reopening economy, cryptocurrencies and potential higher taxes under the Biden administration. Bitcoin was trading nearly 5% lower on Friday morning. The price was around $36,800 per coin, while rivals Ethereum and Dogecoin were trading around $2,556 and 32 cents per […]
Read more(Adds details) GDANSK, May 26 (Reuters) – Shares in Poundland owner Pepco Group jumped on its stock market debut in Warsaw on Wednesday following the biggest initial public offering (IPO ) in Poland this year. Pepco’s IPO gives a boost to Warsaw’s stock market which has had an rise in the number of listings, but was passed over by parcel […]
Read moreGOMA, Democratic Republic of Congo (Reuters) – At around 10:00 a.m. on Feb. 22, seven men, some armed, stepped onto a road in eastern Congo and forced two cars belonging to the United Nations World Food Programme to stop.FILE PHOTO: One of the two coffins containing the bodies of the Italian ambassador Luca Attanasio and his bodyguard Vittorio Iacovacci, who […]
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TORONTO (Reuters) – Canada’s biggest pension managers boosted their investments in the country’s major oil sands companies in the first quarter of 2021, raising questions about the funds’ recent commitments to greening their portfolios.FILE PHOTO: General view of the Imperial Oil refinery, located near Enbridge’s Line 5 pipeline in Sarnia, Ontario, Canada March 20, 2021. REUTERS/Carlos Osorio/File PhotoThe cumulative investment […]
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(Reuters) -A top Federal Reserve official signaled Wednesday he was ready to open talks on reducing some of the U.S. central bank’s emergency support for the economy, even if only to clarify the Fed’s plans for doing so as the economy roars ahead and prices rise.FILE PHOTO: Randal K. Quarles, vice chairman of the Federal Reserve Board of Governors, testifies […]
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HONG KONG/BEIJING (Reuters) -JD Logistics Inc soared 14% on debut, giving the Chinese delivery and warehousing firm a $36 billion stock market value and providing a strong start on Friday for what is only the third mega listing in Hong Kong so far this year.FILE PHOTO: A staff member wearing a face mask works at JD.com’s automated logistics center during […]
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WASHINGTON (Reuters) -U.S. President Joe Biden’s nominee to head domestic finance operations at the U.S. Treasury Department said on Tuesday she would review the Treasury debt market to ensure that it operates well in times of stress.FILE PHOTO: The U.S. Treasury building is seen in Washington, September 29, 2008. REUTERS/Jim Bourg/File PhotoNellie Liang, a former Federal Reserve economist who was […]
Read moreDUBAI (Reuters) – Oman Arab Bank was set to raise $250 million on Thursday in its first foray in the international debt markets with an Additional Tier 1 perpetual bond issue, a document showed. The bank launched the bonds at a yield of 7.625% after initial price guidance in the low 8% range for the AT1 bonds after it received […]
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SINGAPORE (Reuters) – The dollar found support on Thursday from emerging views the Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, and as traders await crucial U.S. inflation data this week.FILE PHOTO: A packet of former U.S. President Abraham Lincoln five-dollar bill currency is inspected at the Bureau of Engraving and Printing in Washington […]
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