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Europe: Stoxx 600 jumps 1% after ECB rate decision; Novo Nordisk hits record high
EUROPE’S main index leapt on Thursday, after the European Central Bank kept rates steady on signs of cooling inflation and as Novo Nordisk hit a record peak on encouraging trial data...
Gold at record levels as Powell says Fed cuts likely this year
GOLD prices on Wednesday (Mar 6) hovered near a record peak hit in the previous session after US Federal Reserve chair Jerome Powell said interest rate cuts are still...
Bank of America clinches record number of patents with AI, information security in focus
BANK of America (BOA) secured a record 644 United States patents in 2023, up 13 per cent from the previous year, as the lender focused on information security, artificial...
Europe: Tech, financials steer Stoxx 600 to record high; rate verdict awaited
EUROPE’S main equity index hit an all-time high on Wednesday, boosted by tech and financial shares, while investors took stock of Federal Reserve Chair Jerome Powell’s Congressional testimony a...
BlackRock’s Bitcoin ETF draws record influx as coin tops US$69,000
INVESTORS dumped a record amount of cash into BlackRock’s Bitcoin ETF while the cryptocurrency surged to an all-time high. The iShares Bitcoin ETF (ticker IBIT) pulled US$788.3 million on...
UK to offer record £800 million support for offshore wind farms
BRITAIN will offer record support for new offshore wind farms in an upcoming auction as the government tries to make up ground after the process failed to draw any...
Gold slips from record peak but holds above US$2,100 ahead of Powell testimony
GOLD prices edged lower on Wednesday (Mar 6) but held above the US$2,100 an ounce level, after rising bets for a June United States interest rate cut propelled bullion...