U.S. Stocks Edge Higher; Yield Spike Hits Tech
U.S. stocks eked out a record, though rising Treasury yields continued to weigh on technology stocks. The dollar jumped. The…
Category: Investing
ECB Doesn’t Intend Faster Bond-Buying To Mean More Stimulus
The European Central Bank (ECB) headquarters in Frankfurt, Germany, on Wednesday, Oct. 21, 2020. A push for a ECB green…
Higher Yields For Investors As T-Bill Rates To Near Double-Digit In H1
Fixed-income investors seeking high-yielding securities in the markets will not be disappointed in the first half of 2021 as analysts…
The Corporate Taxman Cometh
Global investors are obsessing about borrowing costs, discount rates and inflation risks as the world emerges from the shocking pandemic…
Investors Dump Bonds And Gold, Pile Into Equities
Investors piled into equities, while pulling money out of gold and bonds in the week up to March 10, data…
Britain’s Burberry To Beat Forecasts After Sales Rebound
British luxury group Burberry said on Friday it would beat market forecasts for profits and revenues in its final quarter…
Power To The Beeple: Digital Art Fetches $69.3M At Auction
American artist Beeple became the first to sell a purely digital piece of artwork at auction, fetching more than $69.3m…
UK Exports To EU Slump In First Month Of New Brexit Trade Ties
Exports and imports from Britain to the European Union plunged during the first month of the country’s new trade relationship…
ECB’s Villeroy Flags Flexibility On Bond Purchases
The European Central Bank will be flexible at all levels in its bond purchases, ECB policymaker Francois Villeroy de Galhau…
Southeast Asia’s Grab In Talks For U.S. Listing Via $40 Billion SPAC Deal: Sources
Southeast Asia’s biggest ride-hailing and food delivery firm Grab Holdings is in talks to go public through a merger with…
Rakuten To Sell 8% Stake To Japan Post In Amazon Battle
Japanese e-commerce firm Rakuten Inc said on Friday it would sell an 8.32% stake to postal and banking giant Japan…
From $318K To $0: Bitcoin Price Predictions For 2021
What will be the price of Bitcoin in one year? Ten years? Twenty years? Watch our latest video for our…
China’s JD.com In Talks To Purchase Stake In Brokerage Worth $1.5 Billion – Sources
JD.com Inc is in talks to buy part or all of a stake in brokerage Sinolink Securities worth at least…
Commodities Trader Buys $36 Million Of Copper And Gets Painted Rocks Instead
Commodities trader Mercuria Energy Group Ltd. struck a deal last summer to buy $36 million of copper from a Turkish…
What Happens When Robinhood Traders Walk Out Of The Stock Market?
The findings support the view that the popularity of zero-commission brokers has attracted a new type of uninformed equity-market participant
Stakeholders Canvass Policies to Regulate Cryptocurrency
The Nigerian Technology Industry Group has said there should be core policies that would help in regulating cryptocurrency providers in…
Using Ibori Loot For Lagos-Ibadan Expressway, Abuja-Kano Rail Line Unjust – Sagay
The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), has advised the President, Major General Muhammadu Buhari (retd.),…
Warren Buffett’s Net Worth Surpasses $100bn, Forbes Says
US businessman Warren Buffett on Wednesday joined the small circle of executives worth more than $100 billion, which also includes…
Dangote Set To Earn N13bn In Dividend From Sugar Business
Chairman of Dangote Group, Aliko Dangote, is expected to earn a dividend of N13.1bn for the financial year 2020 from…
FCMB Introduces Paperless And Cardless Transactions At Branches, ATMs And POS Terminals
Customers of First City Monument Bank (FCMB) can now seamlessly carry out an array of transactions with just their fingerprints…
Nokia Signs Patent License Pact With Samsung
Nokia has struck a deal with Samsung to license patents covering its innovations in video standards, the Finnish telecom company…
Asia Stocks Soar As Receding Inflation Worries Bolster Confidence
Asian stocks extended their rebound from a two-month low on Thursday after a report on U.S. consumer prices calmed concerns…
Investors Bracing For Bank Of Canada To Taper As Decision Looms
The Bank of Canada could soon start pulling back stimulus from the nation’s surprisingly robust economy, with the first clues…
Reddit Forums Get Behind Roblox Ahead Of Stock Launch
Roblox Corp is set to join the ranks of the so-called “meme stocks” such as GameStop at the center of…
Hilton Grand Vacations To Buy Diamond Resorts International For About $1.4 Billion
Hilton Grand Vacations Inc said on Wednesday it would buy Diamond Resorts International Inc from funds managed by affiliates of…
ITV Shares Fall After Presenter Morgan Leaves Broadcaster
Shares in British broadcaster ITV plc fell on Wednesday with traders attributing at least part of the move to the…
US Companies Invested A Total Of $3.8Billion In Five Years In Nigeria
Companies of United States of America (USA) origin operating in Nigeria invested a total of $3.75billion to expand their operations…
Bitcoin Mania Triggers Fundraising Rush By Chinese Players
Bitcoin mania has fuelled a surge in fundraising by Chinese companies seeking to expand their cryptocurrency operations or move into…
States, Others Not Funding 3.5 Million Workers’ Pension – PenCom
The National Pension Commission has faulted states and some private companies for not funding 3.5 million pension accounts opened by…