Reports Financial News

The South Korean crypto exchange Bithumb could shun its long-term banking partnership with NongHyup Bank in favor of a deal with rival bank Kookmin.

Narendra Modi will unfurl the national flag for the 11th consecutive time on Thursday, marking this year's Independence Day. He is expected to outline his government's agenda, present a progress report, make key policy announcements, and addresses pressing issues during his address from the Red Fort. Notably this will be Modi's first Independence Day address of his third term. He will surpass Manmohan Singh who unfurled the tricolour 10 times between 2004 and 2014, and behind Jawaharlal Nehru and Indira Gandhi, who did so 17 and 16 times respectively. The theme of 'Viksit Bharat' is expected to be a core focus of his address. There is also anticipation that the ongoing crisis in Bangladesh, particularly the targeting of minority Hindus, may be mentioned, given the strong stance taken by Hindutva groups who have rallied around the issue.

Donald Trump spoke on the phone with Israeli Prime Minister Benjamin Netanyahu on Wednesday and discussed the Gaza ceasefire and hostage release deal, Axios reported, citing two U.S. sources. One source told Axios Trump's call was intended to encourage Netanyahu to take the deal, but stressed he did not know if this is indeed what the former president told Netanyahu. The Trump campaign did not immediately respond to a request for comment. Late last month, Netanyahu visited the U.S. and met President Joe Biden, Vice President and Democratic presidential candidate Kamala Harris and Republican former President Trump.

Cognizant Technology Solutions is said to have handed out annual salary hikes as low as 1% to some of its employees as the global technology services giant rolled out increments after deferring them by four months. The hikes are as low as 1% and the highest is said to be 5%, at least two people aware of the development told ET on the condition of anonymity. “For a rating of 3, the hike is around 1-3% while a 4 rating has been granted a 4% hike and a 5 rating to an employee is paid an increment of around 4.5% and at the most 5%,” one of the persons said.

While financial advisors have massively ramped up their tech adoption since the COVID-19 pandemic, the industry still faces many challenges with respect to technology, according to a report by Cerulli Associates.

NFP is extending its reach into Southern California’s high-net-worth space with its latest acquisition.

Wan's latest series Teacup, puts Yvonne Strahovski and Scott Speedman in the world of horror. Robert McCammon's book Stinger is the inspiration for the Peacock horror series. The teaser, which premiered this Wednesday, showcased Strahovski and Speedman's characters, Maggie and James Chenoweth, as they confront a horrendous and invisible foe in rural Georgia. An eerie setting and loud shrieking sound effects give individual bone-chilling and thrilling adventures.

The Traitors Season 2, after clinching the TCA Awards for outstanding achievement in reality television and surpassing all other unscripted series in the United States in terms of viewership across all streaming platforms, renewed two forthcoming seasons at Peacock. This Emmy-winning competition series will also continue to have its outstanding host, Alan Cumming, in the new seasons as well. Alan Cumming, expressed how much fun he is having hosting «The Traitors,» where he can deliver these grandiose speeches and also add some improvisation into his interactions with the players, as quoted in a report by Variety.

Inflation cooled last month to its lowest level in several years, data today from the Bureau of Labor Statistics show, reenforcing estimates that the Social Security COLA next year will be around a modest 2.6 percent.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

US stock market, chipmaker Nvidia gained over 6% Tuesday. As the market improved considerably after tanking, Nvidia shares soared and closed at $116.14. The price of the chipmaker stock has doubled in value since the beginning of the year. According to 'Invesopedia', Nvidia will report its earnings for the quarter on August 28. The market analyst and share market strategists expect an earnings-fueled post-market move could potentially mark «the technical low for the largest index weights and AI darlings,» ahead of a September rally.

Kamala Harris is gaining ground in the Rust Belt. The states that were once the US manufacturing centers, employing a large part of the population in manufacturing jobs, voted heavily in favor of Donald Trump in 2016. But, Axios has reported that Kamala Harris has closed the gap in the region comprising Illinois, Indiana, Michigan, Missouri, New York, Ohio, Pennsylvania, West Virginia, and Wisconsin. Harris's increased popularity is in contrast to FiveThirtyEight's national average when Joe Biden trailed Donald Trump by 2.4 percentage points in Michigan, 2.3 percentage points in Wisconsin, and 4.4 percentage points in Pennsylvania.

Goldman Sachs (GS), a traditional Wall Street firm considered a bitcoin skeptic, has disclosed a surprising investment in a recent regulatory filing—shares of spot bitcoin (BTCUSD) exchange-traded funds (ETFs).

A newly published study by the Federal Reserve Bank of San Francisco reveals that the substantial liquid wealth US households sopped up during the pandemic has run out, particularly for those in the lower- and middle-income bands of the economic spectrum.

Ukrainian Army used the battery fire or the hydrogen tank explosion technique to convert a civilian Toyota Mirai car into a hydrogen and plastic explosive that wreaked havoc. It was not a thermonuclear device or a hydrogen bomb, no fissile material was used. It was made using a fuel tank from a hydrogen car. However, the Ukrainian Army foiled the Russian efforts to take the town of Vovchansk and pushed them to a plant north of the river.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

reported HT Auto.As per the publication, the Thar Roxx is priced starting at ₹12.99 lakh for the entry-level petrol manual variant and ₹13.99 lakh for the base diesel manual model, with all prices reflecting ex-showroom costs. This new model aims to build on the impressive success of the Thar’s original three-door version.Reportedly, this SUV maintains the fundamental design ethos of the Thar lineup but introduces several unique features.