Washington state court oks albertsons' $4 billion dividend ahead of merger

SEATTLE — The Washington state Supreme Court has brushed aside the final remaining legal hurdle in th...

January 17, 2023, 10:17 pm

Steel demand estimates highlight the state of global growth

These steel numbers are a reminder of how China is an utter Goliath of global metals consumption.

It's an uncertain time for China's economy...

January 16, 2023, 8:12 pm

Bitcoin has approved a reversal to growth but needs tactical respite

The bitcoin price has surpassed $21K, adding around 23% over the week. Ethereum jumped 20% to $1570. Other leading altcoins in th...

January 16, 2023, 10:01 am

Bitcoin has confirmed a reversal to growth but needs tactical respite

Market picture The bitcoin price has surpassed $21K, adding around 23% over the week. Ethereum jumped 20% to $1570. Other leading altcoins in the top ...

January 16, 2023, 8:53 am

Centamin welcomes favourable ruling in sukari permit challenge

Centamin has welcomed a favourable ruling in the long-running legal challenge to its permit for the Sukari gold mine in Egypt and said it will now app...

January 16, 2023, 7:28 am

Jpmorgan, lululemon, disney: stocks that defined the week

JPMorgan is putting aside $1.4 billion in case of a rainy day, Lululemon had a slightly sour holiday se...

January 13, 2023, 6:06 pm

Munis positioned to shine in 2023

Municipal bonds now offer yields not seen in more than a decade (aside from a spike at the onset of the...

January 11, 2023, 9:16 pm

Another day where the ebb and flow will dominate due to the quiet calendar

The yen and Swiss franc are weakening today but aside from that, the FX market is in a bit of a slum...

January 11, 2023, 1:20 pm

Goldman to report $2b loss in credit card, installment businesses

Goldman Sachs is reportedly set to unveil a $2 billion loss in its new business. The loss in its credit card and installment-lending business Platform...

January 8, 2023, 9:27 pm

Us dollar price action: usd/jpy, eur/usd, gbp/usd

JPY: With USD/JPY testing the 132.00 handle … Alongside this, aside from an expected knee-jerk move h...

December 24, 2022, 2:14 pm

Algoma steel: macros aside, cannot be ignored at this level

Normalised FCF at C$100-120m which offer at least 50-60% upside to a patient investor. Not exactly a net cash balance sheet. EAF project debt is a hid...

December 14, 2022, 2:53 am

Why chargepoint, blink, and lithium americas stocks popped this morning

aside from Tesla, which EV stock will be the first to make a profit?...

December 13, 2022, 12:37 pm

Struggling small businesses

Well they have set aside huge sums for bad loans, largely because small businesses are collapsing and u...

December 11, 2022, 1:59 am

Heads up for us president biden speaking on the economy on thursday, 8 december 2022

US President Biden will speak at 2.10pm Washington time on Thursday, 8 December 2022.

• that's 1910 GMT

Will be speaking on '...

December 8, 2022, 2:41 am

The fed: what happens after the fed reaches the terminal rate

Yesterday, several major CEOs gave interviews to financial media in the context of a couple of major investor conferences. Their comments left a sour ...

December 7, 2022, 12:35 pm

Rigel (rigl) up on fda nod to blood cancer drug rezlidhia

The FDA approves Rigel's (RIGL) Rezlidhia (olutasidenib) for treating relapsed/refractory acute myeloid...

December 2, 2022, 2:18 pm

Us dollar jumps as us jobs growth (and wage growth) remains strong

Not so fast.

In the last month the market has been piling into 'pivot' trades around the idea of a Fed top at 5% and a turn in the economy. J...

December 2, 2022, 1:46 pm

Locked and loaded for another edition of non-farm payrolls

It's jobs Friday and and aside from the yen, the FX market has mostly traded flat ahead of the relea...

December 2, 2022, 1:13 pm

"china is speeding up to cast aside large-scale lockdowns"

This guy is ex-editor of China's influential Global Times and is well-connected.

He gave us the heads up earlier this week:

• ...

  December 1, 2022, 4:24 am

China stocks improve, case-shiller cools

aside from a yield curve having now been inverted some eight months, we do not see recessionary doom in...

November 29, 2022, 12:02 pm