CLN KraneShares Week in Review Asian equities were mixed but mostly higher for the week as Hong Kong’s Hang Seng Tech Index was the region’s top-performing benchmark, up +8.43%, followed by Indonesia, while Australia and Korea underperformed. China’s National People’s Congress, also known as the “Two Sessions,” kicked off this week. Leaders from five separate
The US Federal Bureau of Investigation has confirmed that North Korean hackers were behind what US media are calling the biggest crypto theft on record. The FBI made the announcement on Wednesday. Last Friday, the Dubai-based cryptocurrency exchange Bybit said that it had digital assets worth about 1.5 billion dollars stolen in a cyberattack. The
State-owned Bharat Sanchar Nigam (BSNL) reported a quarterly net profit of Rs 262 crore in the October-December period — the first time in 17 years — primarily due to a sharp reduction in depreciation and amortisation expenses, along with an increase in other income. According to analysts, going forward the company will have to focus
Markets await US PCE data due on Friday Dollar up 0.6% against its rivals Gold ETFs saw modest net inflows last week- WGC Aug 28 (Reuters) – Gold prices dropped on Wednesday, hurt by a stronger U.S. dollar as investors focused on key inflation data from the world’s largest economy for clues on the size
By Noel Randewich and Saqib Iqbal Ahmed (Reuters) -Nvidia dragged technology heavyweights lower after the chip maker’s earnings disappointed investors who had been hoping they would fuel fresh gains in Wall Street’s most valuable companies, and sent stocks in Asia down on Thursday. Nasdaq futures initially dropped about 1% following Nvidia’s quarterly earnings report late
BISMARCK, N.D. (KFYR) – Gold has hit a new record high, now trading at over $2,500 per troy ounce, a nearly 30% increase year over year. Rising prices signify investors are expecting interest rate cuts in the near future, which makes them bullish on gold. Our nation’s rapidly rising debt, which has reached $35 trillion,