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Argaam

‎Brent falls but heads for 8% weekly gain

Oil prices experienced a slight pullback during Friday's trading session, yet remained firmly on path for their largest weekly advance since mid-July. Brent crude slipped around 0.45% to $95.09 per barrel, while WTI crud...

CoinDesk

Robinhood isn't backing down after AMC CEO demands halt to stock tokens

Robinhood has rejected demands from AMC Entertainment CEO Adam Aron to halt trading in tokenized stock derivatives on its platform. The dispute arose after Aron criticized these products, labeling them as 'synthetic equi...

ActionForex

Dow Jones Index Wave Analysis

The Dow Jones Industrial Average has recently demonstrated a technical rebound from a critical support zone around the 52,825 level. This technical area coincides with the lower daily Bollinger Band and a long-term upwar...

Finance Magnates

BlackBull Renews Its Auckland FC Sponsorship. Is It a Brand-Building Strategy Before the IPO?

BlackBull Markets has renewed its sports sponsorship with Kiwi football club Auckland FC for a second consecutive season. The broker is leveraging the partnership to bolster its market presence across Australia and New Z...

InvestingLive

Nvidia Technicals: Buyers are making a play and testing the all-time highs.

Nvidia shares rose 1.12% to $231.00, approaching their record peak of $236.54 despite broad weakness across major US stock indices. The stock reached an intraday high of $234.76, finding strong support near the $228.40 l...

FXStreet

Malaysian Ringgit: BNM hawkish tilt supports MYR – Commerzbank

Commerzbank highlighted in a recent note that Bank Negara Malaysia (BNM) maintained its Overnight Policy Rate at 2.75% while adopting a distinctly hawkish tone. The central bank removed its previous statement describing...

FXStreet

USD/MXN Price Forecast: Peso rally targets April 2024 low

The Mexican Peso continues its strong bullish momentum against the US Dollar, pushing the USD/MXN currency pair toward multi-year lows near the 16.85 region. This rally demonstrates remarkable resilience in the Peso, as...

FXStreet

Malaysian Ringgit: Range-bound risks and key levels against US Dollar – OCBC

Bank Negara Malaysia (BNM) opted to keep its Overnight Policy Rate (OPR) unchanged at 2.75%, adopting a firmer economic tone regarding long-term growth prospects. Analysis from OCBC economist Christopher Wong highlights...

FXStreet

PBOC sets USD/CNY reference rate at 6.7787 vs. 6.7807 previous

The People's Bank of China (PBOC) set the official USD/CNY midpoint fixing rate at 6.7787 on Friday morning. This represents a slight strengthening of the Chinese Yuan compared to the previous day's reference rate of 6.7...

FXStreet

WTI hovers around $89.50 as US military escorts tankers through Hormuz earlier this week

West Texas Intermediate (WTI) crude oil prices traded sideways around $89.50 per barrel during Asian trading hours on Friday. The stabilization follows slight losses in the previous session as markets assess geopolitical...

Investing.com

Gold holds near $4,500 as Waller cools Fed hike bets

Gold prices maintained their strength near the $4,500 level following comments from Federal Reserve Governor Christopher Waller, which effectively cooled expectations for further interest rate hikes. Waller hinted at a m...

Fed

Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.

The Federal Reserve Board has officially announced the termination of enforcement actions previously levied against United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp. This regulatory decis...

FX News Group

CySEC warns public against dealing with nine unauthorized investment firms

The Cyprus Securities and Exchange Commission (CySEC) has issued a public warning identifying nine unauthorized investment firms currently operating without proper regulatory approval. The regulator emphasized that these...

LeapRate

Standard Chartered Becomes First G-SIB to Launch Institutional Bitcoin and Ether Spot Trading in the UAE

Standard Chartered has launched institutional Bitcoin and Ether spot trading services in the United Arab Emirates, becoming the first Global Systemically Important Bank (G-SIB) to offer such capabilities in the region. O...

ECB

Philip R. Lane: Diversity at the European Central Bank

Philip R. Lane, a member of the Executive Board of the European Central Bank (ECB), delivered remarks focusing on diversity and inclusion within the institution. The discussion centered on how organizational diversity st...

LeapRate

J.P. Morgan Securities Fined $250,000 by FINRA Over Margin Disclosure Failures

J.P. Morgan Securities LLC (JPMS) has agreed to a censure and a $250,000 penalty imposed by the Financial Industry Regulatory Authority (FINRA). The regulatory action follows the firm's admission of long-standing deficie...

Argaam

‎Al Rajhi Bank plans to issue USD-denominated Tier 2 social sukuk

Al Rajhi Bank, one of Saudi Arabia's largest financial institutions, has announced plans to issue US dollar-denominated Tier 2 social sukuk under its international sukuk issuance program. The decision follows resolutions...

Argaam

‎Sure signs 3-year MoU with Etihad Salam Telecom

Sure Global Tech Co. has executed a three-year strategic memorandum of understanding (MoU) with Etihad Salam Telecom Co. The agreement aims to build technology partnerships, optimize shared expertise, and joint-venture o...

Argaam

‎Tadawul: Major ownership changes on Sept. 1

The Saudi Exchange (Tadawul) recorded major ownership changes on September 1, reflecting shifting positions among institutional and substantial investors. These updates detail changes in substantial holdings equal to or...

Argaam

‎GO Telecom OKs 3.5% cash dividend for FY2025/26

GO Telecom (Etihad Atheeb Telecommunication Co.) has approved a 3.5% cash dividend distribution for the fiscal year 2025/2026. The announcement reflects the company's commitment to returning capital to shareholders follo...