Crunchmarkets’s info on the world of finance
Japanese aluminium purchasers have come to terms with a global manufacturing entity to shell out a premium of $228 for every metric ton exceeding the benchmark rate for consignments due between January and March. This marks a 30% hike compared to the current quarter, according to two individuals directly associated […]
Invesco, a renowned American investment management company, recently initiated an exchange-traded fund (ETF) with the aim to offer investors a chance to profit from the leading 45% of businesses listed on the Nasdaq-100 Index. This new ETF is being managed by Brian Hartigan, Invesco’s global head of ETFs and index […]
According to a recent report by the Financial Times, Nippon Steel has been notified by the U.S. Treasury regarding their intended acquisition of U.S. Steel. The board examining the proposed deal has yet to settle on a strategy for tackling potential security concerns. This update was shared with the Japanese […]
Creating a retirement fund of $1 million may seem like a daunting task, but financial advisors suggest it’s an achievable goal for virtually everyone, provided they take the right steps. Contrary to popular belief, you don’t have to be a tech entrepreneur to accumulate wealth, says Brad Klontz, a financial […]
MicroStrategy, a prominent player in the bitcoin market, is set to join the Nasdaq-100 Index, according to an announcement made by the exchange operator last Friday. This news follows a remarkable increase in the shares of the firm, which is known for its active investment in bitcoin. The inclusion in […]
Flushing Financial, a renowned commercial real estate lender based in New York, is reportedly on a mission to gather $70 million in a bid to strengthen its capital base, according to information obtained by CNBC. CEO John Buran has been reported to have shared his intentions of offloading low-yield bonds […]
The Mexican Senate has unanimously endorsed amendments aimed at enhancing the working conditions for drivers and delivery personnel engaged with ride-hailing and delivery service providers like Uber, DiDi, and Rappi. The modifications assure access to a slew of benefits including social security and a Christmas bonus. The proposed reform, backed […]
The Consumer Financial Protection Bureau (CFPB) recently unveiled the final draft of a rule aimed at restricting banks from imposing hefty overdraft fees. This measure is projected to save US consumers around $5 billion each year. Rohit Chopra, the director of the CFPB, commented during a House Financial Services Committee […]
Investing.com reports that Eliott Hill, the newly-appointed CEO of Nike, has assumed leadership amidst escalating immediate difficulties faced by the clothing manufacturer. Analysts at Stifel have identified potential threats to Nike’s quarterly earnings in a recent report. Eliott Hill, who started his journey with Nike back in 1988 as an […]
Chinese Vice Premier He Lifeng has been actively engaging with senior U.S. finance executives over the past month. This comes as part of Beijing’s proactive approach to fostering relationships in anticipation of the proposed tariffs on China by President-elect Donald Trump. He Lifeng, who ranks among the top four vice […]
