By Michael S. Derby (Reuters) -The Federal Reserve appears to be on the threshold of ending a historic streak of losses, which in turn could get it back on track to returning cash to the Treasury somewhere down the line, analysts at Morgan Stanley said in a note on Monday. At issue is the relationship between how the Fed makes money to fund its operations and the cash it pays as part of the system to maintain control over short-term interest rates. Aggressive rate rises starting three years ago tipped Fed books deeply into the red and now, with short-term…
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Share Price of Ditto (Thailand) Public Company Limited (SET: DITTO) at the time of 12.00 is at THB 11.90, a THB 0.20 or 1.71% increased, with a total trading value of 14.63 million. Chaithad Kulchokwanich, Deputy Chief Financial Officer of DITTO, announced that the company is currently in talks with several potential partners interested in participating in its forestation projects for carbon credits. The company is aiming to partner with listed companies in the oil and gas sector, which remain unnamed due to non-disclosure agreements (NDAs). Chaithad explained that the company’s potential partners are assessing their organization’s carbon footprint to…
Tien Nguyen | 500px Plus | Getty ImagesAsia-Pacific markets traded mixed Tuesday as investors assessed U.S. President Donald Trump’s tariff threats.Hong Kong’s Hang Seng Index fell 2.10%, while the Hang Seng tech index plunged 3.37% (view post).Meanwhile, mainland China’s CSI 300 lost 0.36%.South Korea’s Kospi index lost 0.37% in choppy while the small-cap Kosdaq declined 0.72%.Over in Australia, the S&P/ASX 200 climbed 0.43%. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day.Japan’s benchmark Nikkei 225 gained 0.73%, while the broader Topix index increased 0.32%.U.S. futures edged down marginally after the three key Wall Street indexes logged gains overnight.The Dow Jones Industrial Average jumped…
NEW YORK — Stocks closed broadly higher Monday amid hopes on Wall Street that the Trump administration may take a more targeted approach as it tees up a new round of tariffs on imported goods next week.The Standard & Poor’s 500 jumped 1.8%. The index was coming off its first winning week after a four-week losing streak.The Dow Jones industrial average rose 1.4%, and the Nasdaq composite closed 2.3% higher.“The market was primed to respond well if the administration pulled back on some of the tariff threats or even provided offramps for the tensions, and that’s kind of what we’re seeing here,”…
Han Jong-hee, co-chief executive officer of Samsung Electronics Co., at the company’s annual general meeting at the Suwon Convention Center in Suwon, South Korea, on Wednesday, March 19, 2025. Bloomberg | Bloomberg | Getty ImagesSouth Korea’s Samsung Electronics said Tuesday that its co-CEO Han Jong-hee has passed away at the age of 63. He headed Samsung’s digital appliances division, as well as its device experience unit, which includes mobile phones and home appliances. The cause of death is unknown at this stage and the company said it was in the process of confirming things.Han became the head of the product research and development…
State departments of transportation must do more to make America’s transportation system safe, equitable, and green — especially given the Trump administration’s attacks at the federal level, a new report argues. In the first update to its “Innovative DOT” framework in 10 years, the State Smart Transportation Initiative emphasized that DOTs are rapidly evolving from their historical role as the offices that built the interstate highway system, to their modern one as expansive public agencies held responsible for managing complex multimodal transportation networks and land use decisions — as well as the majority of our national transportation funds.Some agencies, though, haven’t…
More detail and reliability of information is needed in the National Infrastructure and Construction Pipeline (NICP) is needed to ensure private investor confidence in future UK projects, the National Audit Office (NAO) has warned. In its most recent report, Lessons learned: private finance for infrastructure, NAO has put forward 12 lessons it believes the government must take into account with its ambition of leveraging more private finance for infrastructure projects that the country needs if it is to meet its targets relating to housebuilding, energy, transport and more. The lessons revolve around three key themes: Creating the right conditions to…
Traders work on the floor at the New York Stock Exchange in New York City, U.S., March 24, 2025.Jeenah Moon | ReutersU.S. stock futures were little changed Monday night. The action comes after the major averages climbed on rising hopes that President Donald Trump will curtail his initial plans for broad-ranging tariffs. Futures tied to the S&P 500 inched down 0.03%. Dow Jones Industrial Average futures and Nasdaq 100 futures each lost less than 0.1%.During Monday’s main session, the 30-stock Dow jumped nearly 600 points, or about 1.4%. The broad market S&P 500 added nearly 1.8%, while the tech-heavy Nasdaq Composite…
NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) has scheduled its first quarter 2025 financial results announcement. Who: Nasdaq’s CEO, CFO, and additional members of its senior management team What: Review Nasdaq’s first quarter 2025 financial results When:Thursday, April 24, 2025 Results Call: 8:00 AM EasternSenior management will be available for questions from the investment community following prepared remarks. All participants can access the conference via webcast through the Nasdaq Investor Relations website at http://ir.nasdaq.com/.Note: The press release and results presentation for the first quarter 2025 results will be posted on the…
A Treasury auction is scheduled for Tuesday, with an offering amount of $70 billion.Why It MattersThe United States uses debt to pay for services via a range of securities. This includes Treasury bonds, notes and bills.When the securities are sold by the government, it’s called a Treasury auction.What Is a Treasury Auction?Treasury auctions are held nearly 300 times a year, with more than $8.3 trillion worth of securities being sold each year, according to U.S. government data.These auctions allow the government to sell Treasury bonds, notes and bills and dramatically impact interest rates. The amount auctioned off depends on how…