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Cryptocurrency Prices Today August 20: Bitcoin down 5%, Ethereum biggest loser

The price of Bitcoin hovered around Rs 18 lakh. Bitcoin’s dominance is currently 39.70 per cent, a decrease of 0.57 per cent over the day, according to CoinMarketCap. Representative Image Major cryptocurrencies traded ...

Capital market’s unclaimed dividends hit N177bn – SEC

The Securities and Exchange Commission, on Friday, announced that the unclaimed dividends at Nigeria’s capital market so far computed increased from N168bn in 2020 to N177bn in 2021. Director-General, SEC, Lamido Yuguda, disclosed this in Abuja while ...

Warren Buffett’s Berkshire Hathaway Cleared to Buy as Much as Half of Occidental’s Shares

Warren Buffett’s Berkshire Hathaway has the green light from regulators to purchase as much as 50% of Occidental Petroleum Corp.’s shares, after seeking approval for such a transaction in July. In a regulatory filing Friday, the Federal Energy Regulatory ...

Federal Reserve to launch FedNow payment network mid-2023

Federal Reserve Gov. Michelle Bowman announced Wednesday that the Fed intends to launch its instant payment network – FedNow – by mid-2023, calling implementation a “high priority.”   The Fed described ...

Energy Stocks Increase Despite Declining Oil Prices

This article was originally published on ETFTrends.com. While oil prices have declined in recent weeks, energy stocks and ETFs have remained resilient, posting double-digit gains. WTI oil prices fell 13.0% – from $99.50 to $86.53 – between July 5 ...

Wall Street Bullish on Homebuilders Despite Slowdown in Sector

(Bloomberg) — The pullback in the once red-hot housing market isn’t scaring investors away from homebuilding stocks — it’s all normal, they say. And normal is good enough for now. Most Read from Bloomberg Construction starts, mortgage ...

Apple supplier Foxconn to invest in $300mn factory in northern Vietnam

Foxconn, a major enterprise in the production and supply chain of Apple, has just decided to invest US$300 million in building a new factory in Bac Giang Province, northern Vietnam. Foxconn recently signed a contract with Saigon – Bac Giang Industrial ...

The Stock Market Couldn’t Handle the Uncertainty. It Better Learn How.

It’s a market with big drops but big rips, as well, one that forces investors to accept low returns from index funds or try to take a more tactical approach. Michael Nagle/Bloomberg Call it the Great ...

Mirae Asset Mutual Fund’s NFOs Eye Global Tech Growth, Bet On Overseas ETFs

Mirae Asset Mutual Fund has launched two open-ended schemes focussed on the overseas exchange-traded funds (ETF): Mirae Asset Global Electric & Autonomous Vehicles ETF Fund of Fund and Mirae Asset Global X Artificial Intelligence and Technology ETF ...