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Pboc announces cuts to standing lending facility rates
The overnight standing lending facility (SLF) rate is cut by 10 bps to 2.65% while the 7-day and 1-month SLF rates are cut by 10 bps each as well to 2...
August 15, 2023, 7:06 am
Pboc is expected to set the usd/cny reference rate at 7.2648 – reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...
August 15, 2023, 12:55 am
Update – ocean power technologies, inc.
MONROE TOWNSHIP, N.J., Aug. 14, 2023 (GLOBE NEWSWIRE) — In a press release issued earlier today by Ocean Power Technologies, Inc. (NYSE American: OP...
August 14, 2023, 9:30 pm
Chinese yuan nosedives to year low amid deepening property sector concerns
The Chinese Yuan nosedived to its lowest mark this year, echoing growing anxieties that spread from the real estate domain to the financial sector. Fu...
August 14, 2023, 1:01 pm
Pboc is expected to set the usd/cny reference rate at 7.2461 – reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...
August 14, 2023, 12:21 am
Sam bankman-fried lands in jail ahead of criminal trial
Lewis Kaplan, the judge presiding over the case between the United States and Sam Bankman-Fried, has sent the Founder of the FTX cryptocurrency exchan...
August 11, 2023, 9:31 pm
Sainsbury's sells mortgage portfolio to co-op for £464 million
J Sainsbury PLC (LSE:SBRY) banking arm, Sainsbury's Bank, has its mortgage portfolio to the Co-operative Bank in a cash deal worth around £464 mill...
August 11, 2023, 10:11 am
Synovus (snv) follows industry trend, offloads auto loans
Synovus (SNV) is following other regional banking players in divesting non-core assets. The company announces sell of auto loans to private equity fir...
August 11, 2023, 10:02 am
Pboc expected to set yuan midpoint at 7.2193 per dollar
The PBOC is expected to set Yuan midpoint at 7.2193 per dollar. The last two days' estimates were much lower when the official midpoint is set. The es...
August 11, 2023, 12:30 am
Cloz: bbb-bb clo etf, strong 10.7% sec yield, low interest rate risk
CLOZ is the highest-yielding CLO ETF in the market, with a strong, fully-covered 10.7%. It has very low interest rate risk as well. An overview of the...
August 10, 2023, 10:43 pm
Economic experts warn of likely collapse amid unsustainable debt levels – got gold?
As history has shown, unchecked inflation often follows in the wake of unsustainable debt levels. The p...
August 10, 2023, 3:30 pm
Cpi up next as gold drops towards $1900!
Gold remains in a bear market as the $1920 level begins being tested. With YoY inflation data expected to pick up, higher rates could weigh heavy on t...
August 10, 2023, 11:47 am
Banks fined by regulators for non-adherence to record-keeping
Banks like Wells Fargo (WFC), BNP Paribas (BNPQY) and Moelis & Company (MC) face fines totaling $549 million from regulators for failure to maintain p...
August 10, 2023, 10:01 am
China's pboc expected to set yuan midpoint at 7.2023 per dollar: reuters estimate
Yesterday the midpoint was expected at 7.2198 per dollar. The actual was a lot lower at 7.1588. People's Bank of China USD/CNY reference rate is due a...
August 10, 2023, 12:22 am
Siriuspoint and dan loeb enter standstill agreement
HAMILTON, Bermuda, Aug. 09, 2023 (GLOBE NEWSWIRE) — SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a global specialty insur...
August 9, 2023, 8:15 pm
Coinbase plans to buy back corporate bonds
Citigroup Global Markets will handle this offer, which follows a tiered structure that rewards early en...
August 9, 2023, 9:46 am
Penn entertainment follows espn deal with an earnings beat
Penn Entertainment Inc. followed up its announcement of a deal with ESPN with a second-quarter report in which profit and revenue rose above expectati...
August 9, 2023, 8:46 am
Agora, inc. to report second quarter 2023 financial results on august 21, 2023
SANTA CLARA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will releas...
August 8, 2023, 3:34 am
Adriatic metals raises £25 million in well supported placing
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) has raised £25.1 million of new capital in a share placing to fund an expanded and accelerated e...
August 8, 2023, 2:56 am
China pboc expected to set yuan midpoint at 7.1869: reuters
Yesterday, the PBOC set the USD/CNY central rate at 7.1380People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of Ch...
August 8, 2023, 12:20 am