Track Financial News

A military court in Moscow has sentenced a dual Russian-Ukrainian citizen to 22 years in a penal colony for blowing up a railroad track last summer allegedly at the behest of Ukraine

The Federal Reserve’s decision Wednesday to raise interest rates for the 11th time could once again send ripple effects across the economy

HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 25 basis points to 5.75%, the highest in 16 years, hours after the U.S. Federal Reserve delivered a rate hike of the same margin.

officer told a congressional committee on Wednesday. David Grusch testified that he «absolutely» believes the government is in possession of unidentified anomalous phenomena, or UAPs — which has replaced the term UFO in official parlance — as well as remains of their non-human operators.

After pay hikes of up to 20 per cent in 2022, remuneration increases in the legal sector have returned to pre-pandemic levels of under 5 per cent, according to the annual report on the market by recruiting firm Mahlab.

WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to its highest level in more than 22 years.

Mitski has revealed exciting details about her highly anticipated album. «The Land Is Inhospitable and So Are We» is set to release on September 15 via Dead Oceans, featuring 11 tracks that promise to captivate listeners with Mitski's signature style and emotional depth.

By Andy Bruce

Investing.com — U.S. crude inventories fell by just a quarter of expected levels last week, government data showed on Wednesday, despite an end to supply injections from the national reserve, which oil bulls typically blamed for poor market optics. 

Smartwatches are no longer slow devices with limited functionality that seem to be searching for a reason to exist. They’ve come a long way in the past decade, offering vibrant screens, accurate fitness tracking and the ability to make calls without being tethered to your phone. In fact, today’s smartwatches provide solutions to a variety of problems, and what started as a niche product for tech enthusiasts can now be found on wrists around the world.

A recent study conducted by BlackRock, the global money manager with $9.4 trillion in assets, has revealed a concerning trend among participants in U.S. retirement plans. Over the past two years, there has been a significant increase in pessimism regarding their ability to save for retirement. Economic anxiety is on the rise due to factors like high inflation and volatile markets.

Never miss an appointment, date, or deadline. And keep an eye on your health. Sounds like a win-win situation!Galaxy Watch 6, the new generation of smartwatches launched by the consumer electronics titan Samsung at the Galaxy Unpacked Event in Seoul, promises to be more than just a cool-looking smartwatch!

India and the UK in the defence and military technology sector and work as a catalyst to enhance bilateral cooperation in the sphere. The UK-India Defence and Military Technology Cooperation workshop, organised by the London-based think tank International Institute for Strategic Studies (IISS) in partnership with India's Bharat Shakti defence platform on Tuesday, explored collaborative defence research and industrial production partnerships between the two countries.

By Aditya Soni

By Howard Schneider

, bonds, mutual funds, and other forms of protection are all under the supervision of a demat account. Additionally, it is user-friendly and provides you with a host of advantages. To purchase mutual funds, a Demat Account is not necessary.

New Delhi: Railway minister Ashwini Vaishnav on Wednesday said that the utilization of Vande Bharat trains has reached 99.60% during April-June, highlighting the growing popularity and efficiency of high-speed trains among passengers. “In the current financial year 2023-24, the overall utilization of Vande Bharat trains has been recorded at an outstanding 99.60%," the minister said in a written reply to a question in Lok Sabha.

Samsung Galaxy Watch 6 Series is here. It consists of two smartwatches - Samsung Galaxy Watch 6 and Galaxy Watch 6 Classic which the company says are designed to help users build healthier habits every day and through the night. “With the new Galaxy Watch6 and Galaxy Watch6 Classic, we are delivering on our commitment to democratize advanced health monitoring tools, now offering easier access right from the wrist," said TM Roh, President and Head of Mobile eXperience at Samsung Electronics.

Edelweiss Mutual Fund has made a significant move to benefit passive investors by reducing the expense ratio across its passive equity index schemes in direct plans. The expense ratio has been cut to a record-low of 0.05 percent, the lowest among Nifty 50 index funds in India. This reduction aims to boost investor returns and minimize tracking errors for passive funds. The expense ratio reduction is expected to bring down tracking error and tracking difference, which is the difference between the returns of the fund and the benchmark index it aims to replicate. This shall help these low cost passive funds stay closer to their benchmark performance, giving investors more accurate exposure to the index they are tracking.Edelweiss MFs schemes changed their expense ratio in below index funds with immediate effect — Edelweiss Nifty 50 Index Fund — Direct Plan 0.05%, Edelweiss Nifty Next 50 Index Fund — Direct Plan 0.09%, Edelweiss Nifty Midcap 150 Momentum 50 Index Fund -0.14%, Edelweiss Nifty Smallcap 250 Index Fund -0.14%, Edelweiss NIFTY Large Mid Cap 250 Index Fund -0.14%, and Edelweiss Nifty 100 Quality 30 Index Fund -0.14%. This strategic decision by Edelweiss Mutual Fund, known for its innovative and low-cost offerings, reinforces its commitment to provide good passive solutions to investors. The fund house achieved a notable milestone earlier this year by crossing 1 lakh crore AUM. With this latest move, Edelweiss Mutual Fund sets a new industry benchmark for expense ratios in India, attracting investors seeking optimal returns with minimized costs.

₹1402.5 crore, which is 46 percent up QoQ and 18 percent YoY. The total revenues of the firm also rose 7 percent QoQ and 29 percent YoY at ₹6,738.3 crore.

South Korean prosecutors and financial authorities have launched an interagency crypto crime division to crack down on crypto-related illegal activities.