Asian Markets Show Gains as Wall Street Remains Stagnant Amid Trade War Uncertainties
Asian markets are mostly higher as Wall Street is stuck in trade war doldrums BANGKOK (AP) — Asian shares are mostly higher in thin Good Friday trading after a bumpy ride on Wall Street, where the Dow industrials lost 1.3% as UnitedHealth lost more than a fifth of its value due to a weaker-than-expected profit […]
Are Trump’s Policies Driving Up Treasury Yields?
One of the biggest surprises to come out of the market turmoil has been the sharp rise in US Treasury bond yields despite rising fears of a recession and investors seeking safe-haven investments. Some of that jump has been reversed, but the rise in bond yields, triggered by a selloff in US government debt, gathered […]
Silicon Metals Secures $320,000 in Initial Tranche of Offering – Silicon Metals Corp
Silicon Metals Closes $320,000 Initial Tranche of Offering – Silicon Metals Corp Silicon Metals Corp. (CSE:SI) has successfully closed the first tranche of its non-brokered private placement, raising $320,000 by issuing 6.4 million shares at $0.05 each. Funds will be used for exploration in British Columbia and general working capital. The company paid $1,600 in […]
Is Trading Bitcoin Similar to Trading Tech Stocks?
For many years after its inception, bitcoin was seen as an investment that traded unlike traditional assets. But as the cryptocurrency’s tumble thanks to US President Donald Trump’s tariffs demonstrates, these days, it’s trading much like any other risky investment. Bitcoin fell sharply in the wake of Trump’s tariff announcement on April 2, going from […]
VERSES® Promotes James Hendrickson to President and Chief
VERSES AI Inc. has promoted James Hendrickson to President and Chief Operating Officer, emphasizing his operational excellence as the company prepares for the commercial launch of its Genius™ platform. CEO Gabriel René highlighted Hendrickson’s experience in scaling tech operations as crucial for growth. Hendrickson expressed honor in his new role and commitment to delivering quality […]
Bank of Canada Takes a Break from Rate Cuts, However…
For the first time since last June, the Bank of Canada opted to leave interest rates unchanged, pointing to high uncertainty about the economic outlook brought about by US President Donald Trump’s trade war. This leaves the key overnight interest rate at 2.75%. “The major shift in direction of US trade policy and the unpredictability […]
Surge Battery Metals Enhances Board with Addition of New Director
Surge Battery Metals Strengthens Board with New Director Appointment Surge Exploration Inc. (TSE:NILI), a notable player in the mineral exploration sector, has recently made significant governance changes aimed at strengthening its leadership. The company announced the appointment of Owen Taylor as a director, enhancing its board with his extensive experience spanning over three decades across […]
Ghana Government Assumes Control of Damang Mine Managed by Gold Fields
Ghana has assumed operational control of Gold Fields’ Damang mine after it rejected an application from the South African company to renew its lease, the government said on Wednesday, breaking a tradition of automatically renewing licenses and calling it a critical step in the country’s “economic reset.” Johannesburg-based Gold Fields said on Monday that it […]
Impact of Tariffs on the US Economy: Why the Fed Chief’s Warnings About Inflation Are Important
Tariffs will dent US economy and stoke inflation: Why US Fed chief’s warnings matter | Business News The last time that the American dollar, US bonds and stock markets recorded a simultaneous sell off over multiple days was nearly half a century ago – in 1977-78. This would be particularly consequential for the man at […]
What Lies Ahead for the Canadian Bond Market?
Just like everything else in the markets these days, the outlook for the Canadian bond market is complicated. This was seen in the Bank of Canada’s decision on Wednesday to hold interest rates steady in the face of “pervasive uncertainty” about the economic outlook as a result of US President Donald Trump’s tariffs. That came […]