(Bloomberg) — Gold touched a record high ahead of US data that may offer clues on whether the Federal Reserve’s 50-basis-point rate reduction last week will be the first in a series of aggressive cuts.Most Read from BloombergBullion rose as much as 0.4% to hit $2,631.13 an ounce, beating the previous all-time high posted Friday. Traders are weighing the outlook for rates ahead of a batch of crucial economic data — including the US personal consumption expenditures gauge and jobless claims — due later in the week.Fed Governor Christopher Waller said on Friday he’d likely back quarter-point cuts at each…
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The Japanese government has announced an ambitious roadmap to introduce mandatory emissions trading Source link
When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose your money. But when you pick a company that is really flourishing, you can make more than 100%. One great example is BM GreenTech Berhad (KLSE:BMGREEN) which saw its share price drive 224% higher over five years. Also pleasing for shareholders was the 12% gain in the last three months.Now it’s worth having a look at the company’s fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the…
This article was written byFollowI have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, I often tend to gravitate to Tech stocksAnalyst’s Disclosure: I/we have a beneficial long position in the shares of CRWD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than…
Image source: Domino’s Pizza Group plc FTSE 250 stock Domino’s Pizza (LSE: DOM) doesn’t get much attention from investors. I find that surprising. Over the long term, this company’s generated unbelievable returns for shareholders. Here’s a look at how much I’d have today if I’d bought £2k worth of shares for my portfolio 20 years ago. 14-fold share price return Back in September 2004, shares in Domino’s were changing hands for about 21p (this means I would have got about 9,500 shares for £2k). Today however, they’re trading for 290p. That’s nearly a 14-fold return. If I’d invested £2k, I’d…
(Reuters) – Iran’s elite Revolutionary Guards Corps (IRGC) has ordered all members to stop using any type of communication devices after thousands of pagers and walkie-talkies used by its Hezbollah allies in Lebanon blew up in deadly attacks last week, two senior Iranian security officials told Reuters. One of the security officials said a large-scale operation is underway by the IRGC to inspect all devices, not just communication equipment. He said most of these devices were either homemade or imported from China and Russia. Iran was concerned about infiltration by Israeli agents, including Iranians on Israel’s payroll and a thorough…
HONG KONG (AP) — Asian stocks were mostly higher on Monday, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, China and Britain.U.S. futures and oil prices were higher.Chinese stocks got a lift after the central bank lowered its 14-day reverse repurchase rate to 1.85% from 1.95% on Monday after opting to keep key lending rates unchanged last week. Markets had been anticipating a cut.The Hang Seng in Hong Kong gained 0.8% to 18,403.37 and the Shanghai Composite index added 0.7% to 2,755.89.Stock markets in Japan were closed on Monday for a public holiday.Japan’s monetary policy…
Google has taken a significant step in its sustainability efforts with a forest carbon removal deal from a Brazilian startup Mombak. The tech giant aims to buy 50,000 metric tons of carbon credits by 2030 to bolster its fight against climate change. Google Embraces Reforestation: A New Step in Carbon Removal Strategy Last year, Microsoft committed to buying up to 1.5 million credits from Mombak, highlighting a growing trend of companies incorporating nature-based carbon removal into their sustainability strategies. Dan Harburg, Mombak’s Chief Technology Officer, remarked, “As we scale our operations, this collaboration with Google is a major milestone in…
HARRISBURG, PA — The Department of Labor & Industry (L&I) recently announced a substantial $450,000 grant to enhance registered pre-apprenticeship and apprenticeship programs across the state. This funding aims to strengthen the apprenticeship pipeline by fostering new partnerships and expanding existing ones, ultimately developing robust career pathways for Pennsylvanians. L&I Secretary Nancy A. Walker emphasized the strategic importance of this initiative, stating, “By investing in our apprenticeship infrastructure, we’re not only addressing the current needs of our workforce but also building a sustainable system for future growth.” This grant opportunity is not merely a financial injection; it is a pivotal…
(Stacker) — Federal interest rates have been at a 24-year high for over a year, making borrowing money the most expensive in decades. That, however, is poised to change, as the Federal Reserve announced a long-awaited cut to its federal funds rate this month.Wealth Enhancement analyzed resources from federal institutions, including the Federal Reserve, FINRA, and the Securities and Exchange Commission, to explain how lower interest rates can influence the returns expected from common investments.The announcement Wednesday that the Fed will lower the federal funds rate was all but certain in the eyes of economists and analysts, but the half…