UPS Financial News
06.06 / 16:47
UPS
Cooper
President
social
reports
rights
Financial
What will become of The Epoch Times with its chief financial officer accused of money laundering?
Federal prosecutors this week arrested the chief financial officer of The Epoch Times and said he directed millions of dollars gained through criminal schemes to the company and himself
06.06 / 16:39
06.06 / 16:39
06.06 / 16:39
UPS
ETF
SEC
security
Trade
Bitcoin
Courts
Ether ETF
Timing for US ether ETF launches depends on how fast issuers can move, SEC chair says
ether can begin trading depends largely on how quickly issuers respond to the U.S. Securities and Exchange Commission's queries, Chair Gary Gensler said on Wednesday. The SEC last month approved applications from Nasdaq, CBOE and NYSE to list spot ether ETFs. It was a surprise win for the cryptocurrency industry which had expected the SEC to reject the filings after discouraging meetings with the regulator.
06.06 / 16:39
markets
UPS
Citi
FIVE
wellness
evacuation
PNGRB seeks to regulate LNG terminals
Companies planning to set up new liquefied natural gas (LNG) terminals or expand existing ones will need approval of the downstream regulator, according to a draft regulation by the Petroleum and Natural Gas Regulatory Board (PNGRB), which is seeking to regulate terminals that are expanding rapidly while remaining deeply underutilised.
06.06 / 16:39
UPS
Binance
Kraken
Bitcoin
blues
prevention
Crypto exchange Binance seeks to slash size of $13 billion UK lawsuit
Crypto exchange Binance on Wednesday sought to throw out the vast majority of a London lawsuit worth up to 10 billion pounds ($12.8 billion) over claims it and other exchanges colluded to «delist» the Bitcoin Satoshi Vision (BSV) cryptocurrency. Binance and exchanges including Kraken are being sued at London's Competition Appeal Tribunal (CAT) in a case brought on behalf of over 200,000 BSV owners.
06.06 / 16:03
markets
UPS
Platform
social
information
stars
Mutual fund investors tried to buy the dip on verdict day. Many ended up buying higher
₹31 trillion on the stock markets on Tuesday.The net asset values of mutual funds too fell, prompting thousands of mutual fund investors to log purchase orders to take advantage of the crash. But many of the orders ended up getting cleared only the following day, when the markets had recovered 3%.This may have caused investors a loss of at least 3% on their mutual fund purchases on 4 June, as per Mint's estimates.
06.06 / 15:57
06.06 / 15:01
UPS
Extreme
Action
security
Actor
2020
reports
Who is Kulwinder Kaur, the CISF constable that slapped Kangana Ranaut?
₹100 each to sit at Delhi borders. “Kangana Kehti hai aurate 100-100 rupee mein baithi thi aurate farmer protest mein, yeh baithegi wahan pe? Meri maa baithi thi jab isne bayan diya tha (Kangana said the women were sitting in the farmers protests for ₹100.
06.06 / 15:01
UPS
Election
DAL
diving
Lok Sabha elections make many regional parties kingmakers, but some draw blank: A deep dive
Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) to form the national government without the support from the Janata Dal (United) (JDU) and the Telugu Desam Party (TDP). Meanwhile, the Opposition's INDIA bloc managed to put up a tough contest against the NDA, partly because of its allies, such as the Samajwadi Party (SP) and the Dravida Munnetra Kazhagam (DMK).However, a few regional parties, which didn't join the BJP-led NDA or the Opposition's India bloc, were wiped out in the recently concluded Lok Sabha polls. As many as 41 political parties will have their representatives in the 18th Lok Sabha.
06.06 / 15:01
markets
UPS
Gap
Sustainability
Election
Trade
recommendations
Chandan Taparia recommendations: How to trade Escorts, Dixon Tech, Glenmark Pharma shares on June 7?
Stocks to buy: The Indian stock market sustained its positive momentum, indicating stability post the Lok Sabha election 2024 results, on June 7. Both the Sensex and the Nifty 50 indices climbed by almost 1 percent each, marking the second successive session of gains.
06.06 / 15:01
UPS
pandemic
performer
reports
ReNew reports a record profit of ₹415 crore during FY24
₹414.7 crore on the back of higher income, from a net loss of ₹503 crore in the previous fiscal year, the Gurugram-headquartered company said on Thursday.Though the Nasdaq-listed renewable energy firm witnessed a net profit surge from ₹7.4 crore in the March quarter of FY23 to ₹60.9 crore in Q4 FY24, its revenue declined 4.4% from ₹2591.6 crore to ₹2477.6 crore during the period. However, for the full year, ReNew's revenue stood at ₹9,653 crore, up from ₹8932 crore in FY23.For FY25, the firm expects adjusted Ebitda to be at ₹7,600-8200 crore, with cash flow to equity at ₹1,200-1,400 crore.
06.06 / 14:29
markets
UPS
Citi
Analysis
Remark
reports
Unsold housing stock up 24 per cent in top 7 cities, builders need 22 months to sell: Report
major cities have risen by 24 per cent since 2019 due to higher supply, but realty firms will take 31 per cent less time to sell these units because of high sales velocity, according to JLL India. In a report released on Thursday, real estate consultant JLL India said the actively selling unsold housing inventory has reached about 4,68,000 units by March 2024, a 24 per cent increase since December 2019, across seven major cities — Delhi-NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata.
06.06 / 14:29
markets
UPS
Apple
Research
reports
Will Apple's folding iPhone create havoc in market? Expectations of tech geeks raised high. Details here
Apple's folding iPhone has been a steady rumor for a long time and ever since Samsung introduced its folding Android smartphone, all eyes are now on Apple for it to roll out its state-of-the-art folding device.
06.06 / 13:41
UPS
Provident
Entertainment
Netflix
Opinion
performer
Features
Best 4K home projectors: Experience ultimate home entertainment that delivers unmatched quality
What are buyers saying on Amazon?Buyers praise the projector's brightness, value, sound, screen size and picture quality, but opinions vary on performance.Why choose this product?Choose this product for its high brightness, good sound, and picture quality.WZATCO Neo is a 4K monitor with HDR support for deep blacks and better contrast. The high 8200 lumens ensure a crisp and bright picture in any lighting situation.
06.06 / 13:41
UPS
FIVE
wellness
fun
testing
Videos
rowing
3 barbell workouts to reach your fitness goals
Lounge, I wrote about how fitness enthusiasts should become friends with the barbell if they are serious about their goals. Just using a barbell can make your workout unique and test how creative you can get within the confines of good technique. There are some days when you don’t want to go through all the racks and machines, especially in a busy gym hour.
06.06 / 13:41
UPS
Remark
Election
Opinion
President
Rahul Gandhi to be made leader of Opposition in Lok Sabha? Congress leaders, Sanjay Raut say ‘no objection if…’
Rahul Gandhi won the Rae Bareli constituency from Uttar Pradesh and the Wayanad Lok Sabha constituency from Kerala. Earlier in the day, Congress MP-elect Manickam Tagore, in a post on microblogging site X, urged former Congress party president Rahul Gandhi to lead the Congress in the lower house."I sought votes on the name of my leader, Rahul Gandhi. I think he should be the Leader of Congress in the Lok Sabha.
06.06 / 13:35
UPS
Updates
ECB cuts interest rates for the first time since 2019
It follows a similar decision by central banks in Canada, Switzerland and Sweden, and is the first cut since the ECB's interest rate was negative. The decision to cut rates came despite an uptick in inflation in the eurozone, which increased more than expected to 2.6% in May, up from 2.4% in April. «Based on an updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission, it is now appropriate to moderate the degree of monetary policy restriction after nine months of holding rates steady,» the ECB said. At the s...
06.06 / 13:35
markets
UPS
2020
reports
Fixed income funds suffer first net redemptions since October 2023
Capitulation on the bond markets was heavy, with investors pulling a net £643m from funds, the second-worst figure on record, only beaten by March 2020. UK-focused equity funds endured the same fate, also chalking up a second-worst month on record, as a net £1.11bn exited the space. The outflows are beaten only by June 2022's £1.14bn figure, which marks the worst month to date. According to the report, actively managed funds suffered the brunt of the UK equity withdrawals, shedding £792m over the month. Inflows into North American funds fell sharply but remained positive last month...
06.06 / 13:21
markets
UPS
Gap
Trade
Department
Pharmaceuticals
US trade gap widens to largest in 18 months
US trade deficit expanded slightly less than analysts expected in April, to the widest since late 2022, as imports rose more quickly than exports, according to government data released Thursday.
06.06 / 13:07
UPS
Provident
Research
trends
Diversity
reports
Are advisor teams better than solo practices?
As Bono famously sang in U2’s early 2000’s album “How to Dismantle an Atomic Bomb,” sometimes you can’t make it on your own. And as shown by a new report, that couldn’t be truer when it comes to the wealth management industry.
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