Author: Press Room
© Reuters Investing.com– Most Asian currencies moved little on Friday after strong gains earlier this week, while the dollar headed for a sharp weekly fall as weak labor market data fueled more bets that the Federal Reserve will trim interest rates by mid-2024. Weakness in the dollar put most regional units on course for a strong weekly performance, although a bulk of these gains also came as Asian currencies recovered from multi-month lows. The was among the biggest beneficiaries of recent dollar weakness, and was set to add 0.6% this week- its best weekly gain in over four months. The…
The Hudson County Democratic Organization, a left-wing campaign group for New Jersey politicians that Sen. Bob Menendez once chaired, endorsed state governor first lady Tammy Murphy on Wednesday.”From her strong record of advocating for progressive policy initiatives like protecting women and children’s health, to her incredible success raising millions of dollars for families in desperate need during the pandemic, to her business background and her long political record as a renowned Democratic fundraiser, it’s clear that Tammy Murphy is a uniquely qualified candidate for the U.S. Senate,” said Anthony Vainieri, the organization’s chairperson, in a statement.”The Hudson County Democratic Organization…
Pro-Palestine media workers protested Western news outlets’ coverage of the conflict in Gaza. The protestors gathered at a press freedom gala in Manhattan Thursday night. They rallied around a letter that calls for the media to no longer “enable” Israel’s military. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Dozens of Pro-Palestinian media workers gathered outside a press freedom gala in Midtown Manhattan Thursday evening, protesting what they described as a failure by Western news outlets — and the New York Times in particular…
The small town of Keith in the north-east of Scotland used to be famous for being home to the country’s “oldest working distillery”, which dates back to 1786.But now it is also becoming known as a hub for Scotland’s growing wind industry, with a sprawling new electricity substation set to handle power generated by the Moray West wind farm, 50 miles out in the North Sea.However, while foreign investors have poured billions into wind power in the area, many in Keith complain that it is bypassing the local community. “[We need] tangible benefit other than a pound sign on a…
© Reuters. Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Shen and Rae Wee SHANGHAI/SINGAPORE (Reuters) – Global companies are making a beeline for China’s debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalising on rock-bottom yuan interest rates as funding costs elsewhere jump. Companies and banks are raising record amounts of cash through yuan bonds issued in mainland China and in Hong Kong, known as panda and dim sum bonds, respectively. The surge in their borrowing from Chinese banks has catapulted…
© Reuters. Delhivery Ltd saw its shares fall nearly 4% on Friday amid heavy trading, following speculation that major shareholder SoftBank (TYO:) might sell a portion of its stake. The logistics company’s stock briefly touched ₹398.50, marking a 3.63% drop during the session, before recovering some ground. The market buzz centered on rumors that SoftBank was considering selling about $150 million worth of Delhivery shares through a block deal, with Kotak Mahindra Capital orchestrating the transaction. This news led to a significant increase in trading volume, which skyrocketed to ₹808.32 crore as 1.8 crore shares, representing 2.51% of the company’s…
NBI Canadian Dividend Income ETF declares dividend declines by 33.3% to CAD 0.06
Israel is preventing Palestinian Americans from entering the country from the West Bank, an apparent violation of a recent agreement in which citizens from the United States and Israel can travel to the other nation without a visa.The Homeland Security and State Departments, which manage the program, said American officials were trying to resolve the issue.“U.S. government officials are working with the government of Israel to address reports of Americans facing issues in traveling to and flying out of Ben-Gurion Airport,” said Erin Heeter, a spokeswoman for the Department of Homeland Security.The arrangement, announced in late September, before the war…
Kim Jong Un’s daughter has been known to the world as Kim Ju Ae since North Korea debuted her in 2022.But a former South Korean spy veteran says her name is actually Kim Eun Ju, per The Korea Times.He said the wrong name originated from a miscommunication Dennis Rodman had with Kim Jong Un. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app A retired South Korean spy said the world has been giving the wrong name to daughter of North Korean dictator Kim Jong…
Stay informed with free updatesSimply sign up to the World myFT Digest — delivered directly to your inbox.This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get it sent straight to your inbox every weekday morningGood morning. Today we start with oil prices, which have slumped to their lowest levels since early July. The slide puts pressure on the Opec+ group of major oil producers to consider extending and deepening production cuts when they meet in 10 days in Vienna. Brent crude, the international oil benchmark, fell 5.2 per…