September 12, 2023 7:33 am
The British Pound steadied against the Canadian Dollar on Tuesday, paring earlier gains in the session, after data showed UK wages had risen at a record rate once again in July, mounting pressure on the Bank of England to continue its policy tightening cycle. Regular pay excluding bonuses in the United Kingdom surged 7.8% year-on-year […]
Read moreSeptember 11, 2023 11:34 am
Copper Futures surged more than 1% on Monday, underpinned by an upbeat set of macro data coming out of China, the largest copper importer worldwide. Data by the National Bureau of Statistics of China showed over the weekend that the country had registered positive inflation in August, following the first deflation reading in more than […]
Read moreSeptember 11, 2023 9:18 am
The South African Rand gained more than 1% against a softer US Dollar on Monday ahead of South African manufacturing production figures that could provide further clues over the nation’s economic health. Meanwhile, the US Dollar weakened against major peers at the start of the week ahead of US CPI inflation report for August due […]
Read moreSeptember 11, 2023 7:35 am
The GBP/JPY currency pair registered a sizable retreat on Monday, after Bank of Japan Governor Kazuo Ueda said the central bank could discontinue its policy of negative interest rates when the 2% inflation target is achieved. “Once we’re convinced Japan will see sustained rises in inflation accompanied by wage growth, there are various options we […]
Read moreSeptember 11, 2023 6:08 am
AssetMark Financial Holdings Inc said on Friday that, in line with its board of directors’ established succession plan, Michael Kim had been appointed as the firm’s next Chief Executive Officer with immediate effect. Kim will also have a seat on AssetMark’s board of directors. In relation with the appointment, Natalie Wolfsen will part ways with […]
Read moreSeptember 9, 2023 12:42 pm
Semtech Corporation, a high-performance semiconductor, IoT systems and cloud connectivity service provider, said on Friday that it had appointed Mark Lin as its next Executive Vice President and Chief Financial Officer. The appointment will take effect not later than October 4th, Semtech Corp said. Lin is to succeed Emeka Chukwu in the role. Mark Lin […]
Read moreSeptember 8, 2023 11:41 am
Dutch Bros Inc (BROS) on Thursday announced the pricing of an underwritten offering of 11,538,461 shares of its Class A common stock at a price of $26.00 per share. The company has also provided the underwriters with a 30-day option to buy up to additional 1,730,769 shares of common stock. The gross proceeds from the […]
Read moreSeptember 8, 2023 9:32 am
The South African Rand extended a pullback from recent three-month low against the US Dollar on Friday on prospects of the Federal Reserve keeping borrowing costs without change at its September policy meeting. Although the US Dollar was a notch softer against a basket of major peers on Friday, the currency was still on track […]
Read moreSeptember 8, 2023 8:01 am
Spain’s Repsol said this week it had made an entry into the US onshore wind market with the acquisition of renewable energy developer ConnectGen from Quantum Capital for $768 million. According to Repsol’s Chief Executive Officer Josu Jon Imaz, the acquisition “accelerates our commitment to renewable generation in one of the markets with the greatest […]
Read moreSeptember 7, 2023 2:36 pm
Hard-rock lithium exploration company Foremost Lithium Resource & Technology Ltd said on Thursday that it had appointed Bal Bhullar as its next Chief Financial Officer and Corporate Secretary, effective September 7th. Bhullar is to succeed Cyrus Driver, who is parting ways with the firm in pursuit of other interests. Bal Bhullar has over 25 years […]
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