Gold Futures Settle At 3-month High On Safe-haven Appeal

Gold prices moved up sharply on safe-haven appeal on Monday as rising geopolitical tensions between Russia and Ukraine triggered a sell-off in global equities, and the dollar strengthened against major currencies. The dollar index climbed to 96.41, gaining about 0.35%. Gold futures for April ended higher by $27.30 or about 1.5% at $1,869.40, the highest settlement in three months. Silver […]

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Earnings Previews: Barrick Gold, Kraft Heinz, Shopify

We are about halfway through this earnings season, and growth stocks have seen a couple of pretty consistent analyst moves. First, guidance trumps results. Specifically, lowered guidance outweighs results that beat expectations. Second, analysts are lowering price targets on growth stocks while maintaining their ratings. Not too surprising given the hammering that these stocks have taken so far this year. […]

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What does the future hold for Chinese companies listed in the US?

Hong Kong (CNN Business)The United States is about to get its first initial public offering from a Chinese company in months, even as US-China tensions and regulatory scrutiny remain high. Meihua International Medical Technologies, which sells medical supplies around the world, is expected to debut this week on the Nasdaq in New York. The healthcare firm is looking to raise […]

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More companies with crypto ties could list on ASX: Dominic Stevens

ASX Ltd chief executive Dominic Stevens says more businesses that deal with cryptocurrencies could list on Australia’s sharemarket as the nascent industry “matures,” and as the tech sector inevitably makes up a bigger part of the bourse. Mr Stevens, who last week announced plans to retire later this year, has focused on expanding the relatively small role of tech companies […]

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Biden and Putin to speak; U.S. orders most embassy staff out of Ukraine

WASHINGTON/MOSCOW (Reuters) -French President Emmanuel Macron told Russian leader Vladimir Putin on Saturday that sincere negotiations were incompatible with an escalation in tensions over Ukraine, France said.FILE PHOTO: A tank drives during the Union Courage 2022 joint military exercise of the armed forces of Russia and Belarus, at the Brestsky training ground in Brest Region, Belarus, in this still image […]

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Magellan shares slump after $5.5 billion in outflows

Magellan Financial Group has suffered $5.5 billion in fund outflows since the start of the year, in a further blow to the troubled fund manager. Shares in Magellan on Friday dropped 5 per cent to $18.03, after the company said its funds under management had fallen to $87.1 billion as at February 9, down from $93.5 billion at the end […]

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