Markets
© Reuters. Banco de Chile (BCH) has reported a successful financial performance for the fourth quarter and the full year of 2023, despite a challenging economic environment. The bank announced a net income of CLP 1.2 trillion ($1.7 billion) for the year, with a notable return on equity (ROE) of…
Investing.com — Oil prices fell Thursday, but traders had to contend with wild swings amid conflicting reports on the progress toward an extended Israel-Hamas ceasefire that may likely ease geopolitical tensions and concerns about a supply disruptions. By 14:30 ET (19.30 GMT), the futures settled 2.5% lower at $73.98 a barrel…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose to three-month peaks on Tuesday, after data showed U.S. inflation rose more than expected in January, reinforcing expectations that the Federal Reserve will hold interest rates steady in March. The greenback also topped 150 yen for the first time since November…
Last updated: February 22, 2024 03:23 EST | 2 min read Source: Midjourney Ethereum (ETH) co-founder Vitalik Buterin has once again voiced his concerns regarding overly complicated Layer 2 scaling solutions. Taking to social media on Wednesday, Buterin highlighted the potential risks associated with complex Layer 2 networks and urged for a…
Treasury yields finished little changed on Monday as traders looked ahead to the January consumer-price-index report, due out Tuesday. What happened The yield on the 2-year Treasury BX:TMUBMUSD02Y fell 1.9 basis points to 4.467%, from 4.486% on Friday. Yields move in the opposite direction to prices. The yield on the…
© Reuters. In the recent earnings call, KDDI (OTC:) Corporation (ticker: KDDIY (OTC:)) shared an update on its financial performance for the third quarter of the fiscal year ending March 2024. The company reported a year-on-year increase in operating revenues by 2.0%, totaling 40,265.5 billion yen, and a slight rise…
By Bernadette Christina and Dewi Kurniawati JAKARTA (Reuters) – Indonesian farmer Wardiyono typically starts planting his small rice field in November but this season he began only in January, when rains finally arrived after months of drought caused by an especially strong El Nino weather phenomenon. Three weeks on, he…
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s top currency officials warned on Wednesday against what they described as rapid and speculative yen moves overnight when the Japanese currency broke past 150 yen, undermining the trade-reliant economy. The dollar rose to three-month peaks on late Tuesday after data showed U.S. inflation rose…
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The Green Bitcoin (GBTC) presale has garnered significant interest within the cryptocurrency sphere, primarily owing to its unique ability to generate profits through Bitcoin price predictions while also emphasizing environmental consciousness. As the presale gathers…
Value stocks haven’t been this cheap relative to growth stocks in more than 30 years. But amid the extreme divergence, some on Wall Street see opportunity. Since January 1991, growth stocks have outperformed value stocks by a ratio of two-to-one, according to a team of analysts at Jefferies. That’s the…