Franklin Templeton’s Solana ETF filing highlights blockchain growth
Franklin Templeton has filed for an exchange-traded fund (ETF) that will track the spot price of Solana, marking a significant move by asset managers to...
Tag : financial markets
Gold extends rally past $2,950 as investors seek safe-haven assets
Gold prices have surged past $2,950 per ounce, setting fresh all-time highs as investors turn to safe-haven assets amid heightened economic and geopolitical risks. The...
Korea’s corporate financing surges 57.6 percent in September
MENA Newswire News Desk: Corporate direct financing in South Korea saw a substantial increase in September, driven by a surge in debt sales, according to...
U.S. consumers ramp up retail spending in July despite high prices
In a strong rebound, U.S. shoppers ramped up their spending in July, registering a 1% increase from June - the highest growth in retail sales...
UAE IPOs accumulate $890 million in second quarter 2024
Initial public offerings (IPOs) in the UAE have amassed a significant $890 million in the second quarter of 2024, highlighting a robust period for market...
Standard Chartered to launch Bitcoin and Ether trading desk
Standard Chartered Plc is poised to introduce a trading desk for Bitcoin and Ether, marking its entry into the direct trading of cryptocurrencies, according to...
Gold prices drop as strong US dollar curbs record rally
In a marked retreat from its recent surge, gold prices declined on Tuesday as the US dollar showed continued strength, tempering the momentum that had...
US national debt skyrockets to record $34.4 trillion
The United States is grappling with an unprecedented surge in its national debt, which has reached a staggering $34.4 trillion as of Wednesday. This figure...
Treasury yields rise on positive retail data and central bank remarks
In a notable shift influenced by robust retail sales data and central bank deliberations, Treasury yields experienced a significant rise on Wednesday. The focal point...
Gold prices rally amid U.S. dollar decline and economic data anticipation
In recent Asian trading sessions, gold has witnessed a noticeable uptick, rebounding from its most significant weekly decline since June. This surge is primarily attributed...