Trade Financial News

(Reuters) — A former Tallgrass Energy board member and his friends will pay $2.2 million to settle insider trading charges related to a Blackstone-led $3.03 billion buyout offer for the oil pipeline operator in 2019, the U.S. SEC said on Tuesday.

The price of Dogecoin (DOGE) soared over 100% in the past month, rewarding investors who have held the DOGE token since it was a small market cap altcoin.

By David Shepardson

While memecoins have not always been the first choice for investments in the past, new-age investors do not shy away from putting their investments in memecoins, and BEFE has made strides towards massive success. The meme-based cryptocurrency is making the rounds on the internet not just for its market craze but also because it has caught the eye of investors due to its offerings. BEFE token, a reward-based token of Bitgert, made its initial appearance on social media in 2021, where it became successful in drawing attention to its now one million community support. Due to BEFE tokens widespread acceptance, it has reached the top spot for investors looking to maximize their profits.

Mar. 12th, Panama – On March 11, 2024, Gate.io, a global leader in digital asset trading, released its latest proof of reserve report. The report reveals that Gate.io’s reserve ratio in March reached 115.49%, with the total reserves surpassing $6 billion, a 40.33% increase from January. Additionally, the extra reserves experienced steady growth, reaching a record high of $820 million, an increase of 40.50%.

Hong Kong’s central bank on Tuesday introduced a sandbox program for stablecoin issuers. This initiative offers a controlled environment for potential issuers to experiment with stablecoin projects in a risk-free manner.

The Bank of Canada runs the risk of depressing an already fragile economy by waiting too long to cut interest rates, says a report from Moody’s Analytics.

₹130 per annum on the company's revenue from transaction charges. According to market experts, the NSE's move could potentially drive up volumes, especially at a time when stock markets are hitting record highs driven by foreign capital and economic growth, with high volumes in stock options trading drawing a large number of retail investors.

Ind-Ra) has released its analysis on the current account balance (CAB) for the third quarter of the fiscal year 2023-24 (3QFY24), projecting a deficit of approximately USD11 billion, equivalent to 1.2 per cent of the Gross Domestic Product (GDP). According to a press release, this forecast represents a marginal increase from the previous quarter's deficit of 1.0 per cent of GDP and marks a year's high, surpassing the deficit recorded in the corresponding quarter of the previous fiscal year (3QFY23: USD16.8 billion, 2.0 per cent of GDP). Sunil Kumar Sinha, Principal Economist at Ind-Ra, expressed expectations for a dip in the current account deficit in the subsequent quarter, attributing this outlook to signs of economic recovery amidst the global economic environment's uncertainties.

Bitcoin continued its record-breaking rally on Tuesday, boosted by a flood of cash into new spot bitcoin exchange-traded funds as well as hopes that the Federal Reserve will soon cut interest rates. Simultaneously, its market capitalisation has reached $1.414 trillion, surpassing that of silver to become the eighth most valuable asset in the world.

Bitcoin bounced back after a recent price correction and is now trading above $70,000 this week. The long-term view reveals a strong upward trend since February and a break out of the rising channel, signaling a potential for further rises.

Investing.com -- Here are stocks making moves in premarket U.S. trading on Tuesday. Please check back later for updates:

MILAN (Reuters) — Automaker Toyota Motor (NYSE:TM) Corp became the most shorted large-cap stock by hedge funds in the Asia Pacific region in February, overtaking Takeda Pharmaceutical, a report from data firm Hazeltree showed on Tuesday.

Reddit, the prominent social media platform, is setting its sights on a valuation of up to $6.4 billion, the company revealed on Monday. Here are five key things to know:

Bernstein sees Bitcoin's price hitting $150,000. In a note to clients this week, the firm told investors to buy Bitcoin miners as the recent underperformance «is probably the last window before halving.»

According to a regulatory filing, the trust is «actively exploring a range of refinancing options» on the upcoming maturity date of its £50m retail bond in August 2024. Regional REIT's asset manager to be sold As a result, the company confirmed «significant preparatory work has been undertaken» in regards to potential debt and equity raises. Any equity issue would be subject to shareholder approval and is expected to be priced at a «material discount» to the company's current share price, which already trades at a 74% discount to net asset value, according to data from the Associat...

Nifty Smallcap 100 index tumbles another 2.5%, down over 6% in March so far; here's why Experts see more pain for the smallcap space as its valuation is still very high. "Though it is difficult to guess the quantum, but 10 per cent correction cannot be ruled out. If it happens it would be healthy and bring some sanctity to the exorbitant valuations," said Sneha Poddar, AVP – Retail Research, Broking and Distribution, Motilal Oswal Financial Services.

demat account often comes free of charge these days, it's essential to recognise that maintaining them and actively engaging in transactions, whether it's buying or selling securities, does come at a price. While the allure of zero opening fees might initially seem like a win-win situation, it's crucial to understand the financial responsibilities that come with managing a demat account over time. Just when you thought you were diving into the world of investing to grow your wealth, along comes the taxman, ready to take a slice of your profits.

Last year, Mexico became the United States’ biggest trading partner, surpassing Canada and China for the first time. This humiliating fact is simply the latest statistic that illustrates Canada’s economic decline since Prime Minister Justin Trudeau took power in 2015.

Investing.com -- Markets are awaiting fresh U.S. inflation figures that could factor into how the Federal Reserve approaches potential interest rate cuts this year. Stock futures on Wall Street inch broadly higher ahead of the data. Oracle (NYSE:ORCL) shares surge in extended hours trading after the tech group posts an AI-driven earnings beat, while the price of Bitcoin remains just under a recent record high.

Yesterday was a rather unremarkable, boring day on the surface, with the S&P 500 finishing down 11 bps. Implied volatility for today was sharply higher yesterday, especially as the day went on. The VIX 1 Day yesterday surged by 6 points to close at 18.60, its highest close since the end of October. The equity market cares about today’s CPI report.