Shoppers tearing their hair out in the search for Christmas presents online amid strike-hit parcel deliveries have been urged to try a low-tech solution: their local high street. With a quarter of annual toy sales rung up in December, the ...
SYDNEY/MELBOURNE – Australia’s biggest natural gas producers on Tuesday warned that the government was putting supply at risk, escalating an outcry after the government landed a surprise proposal to control prices beyond a one-year cap. In the first move that could hit supply, global major Shell SHEL.L paused accepting bids for gas under a plan to boost supply for Australia’s populous east ...
KYIV – Global economic powers pledged to beef up Kyiv’s military capabilities with a focus on air defense, as Russian missiles, artillery and drones hammered targets in Ukraine with no end in sight to Europe’s biggest conflict since World War Two. The Group of Seven promised to “meet Ukraine‘s ...
SEOUL – South Korea’s military gets a new recruit on Tuesday: Jin, the oldest member of K-pop phenomenon BTS, begins his 18-month mandatory national service, complete with a newly shaven head. As some 300 military, police and fire officials tightened ...
Sam Bankman-Fried, the founder of failed FTX cryptocurrency exchange, was arrested on Monday in The Bahamas after being criminally charged by U.S. prosecutors. FTX filed for Chapter 11 bankruptcy protection in the United States in November following its spectacular collapse ...
WASHINGTON – The International Monetary Fund’s executive board on Monday discussed the surcharges it collects from mostly middle- and lower-income countries on larger loans that are not repaid quickly, but failed to agree to launch a formal review. Argentina, Pakistan and others are pushing the IMF to ...
Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long term, the bank wrote in a Monday research note. Gold is less likely to be influenced by tighter financial conditions, meaning it is “a useful portfolio diversifier,” said Goldman, especially given that gold has developed non-speculative ...
We were somewhat surprised today when we reviewed the index ETFs. Two ETFs actually show rising momentum. Don’t get too excited, there are problems on both of their charts. For comparison, SP500 (SPY), Dow (DIA), Nasdaq 100 (QQQ), SP100 (OEX) ...
Investors will watch closely tomorrow, as the CPI print is released, and Wednesday, when the Fed announces its latest rate hike. The CPI is likely to be lower, and a half-percentage hike in the Fed rate on Wednesday is anticipated. ...
Right now, the markets are green across the screen, but on this week’s edition of StockCharts TV‘s Halftime (presented by Chaikin Analytics), Pete urges caution due to the CPI coming out tomorrow. Pete takes a look at trends today, including the oil ...