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Dollar Retreats After Hitting Fresh 2-decade High
After rising to a new two-decade high in the Asian session, the U.S. dollar retreated on Wednesday, after the Bank of England decided to intervene in the bond market by purchasing long-dated U.K. government bonds to address dysfunction in the gilt market.
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Swiss Market Ends On Firm Note After Choppy Ride
Despite seeing a choppy ride, the Switzerland stock market ended on a firm note on Wednesday, thanks to some strong buying at several counters past mid afternoon.
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Major European Markets Close Higher After BoE Intervenes In Bond Market
The major European stocks closed higher on Wednesday, as investors reacted positively to the Bank of England's announcement that it would suspend its U.K. gilt selling next week and engage in temporary purchase of long-dated bonds for a couple of weeks, aiming to calm the market that has taken a hit after the government's mini-budget.
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Canadian Shares Rising Sharply After Slightly Weak Start
The Canadian market is up firmly in positive territory a little past noon on Wednesday thanks to strong gains in materials, energy, healthcare and technology stocks.
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U.S. Pending Home Sales Slump More Than Expected In August
A report released by the National Association of Realtors on Wednesday showed pending home sales in the U.S. fell for the third straight month in August, with the decrease exceeding economist estimates. NAR said its pending home sales index dove by 2.0 percent to 88.4 in August after falling by 0.6 percent to a revised 90.2 in July.
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960 วันที่ผ่านมา
Pound Declines After BoE Announces Intervention In Bond Market
The pound fell against its major rivals in the European session on Wednesday, after the Bank of England announced that it would intervene to support the bond market to prevent a material risk to financial stability.
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960 วันที่ผ่านมา
Bank Of England Intervenes In Bond Market To Restore Stability
The Bank of England decided to intervene in the government bond market to reduce any risks from contagion to credit conditions for the real economy, following the chaos developed in the currency and gilt markets after the government's massive tax cuts announced in the 'mini-budget' last Friday.
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960 วันที่ผ่านมา
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BTRS Holdings To Be Taken Private By EQT Private Equity In $1.7 Bln All-cash Deal
BTRS Holdings Inc. (BTRS), a B2B accounts receivable automation and integrated payments leader, announced that it has entered into a definitive agreement to be acquired by EQT X fund, part of EQT Private Equity, in an all-cash transaction valuing BTRS's equity at approximately $1.7 billion.
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960 วันที่ผ่านมา
Apple Shelves Plans To Boost IPhone 14 Production Targets On Lower Demand: Report
iPhone maker Apple, Inc. has shelved its plans to boost production of the recently launched iPhone 14 line up after seeing a lower than anticipated demand for the highly popular smartphones, according to a Bloomberg report.
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CRISPR Therapeutics Says FDA Grants RMAT Designation To CTX130
Biopharmaceutical company CRISPR Therapeutics (CRSP) announced Wednesday that the U.S. Food and Drug Administration (FDA) granted Regenerative Medicine Advanced Therapy (RMAT) designation to CTX130, the Company's wholly-owned allogeneic CAR T cell therapy targeting CD70, for the treatment of Mycosis Fungoides and Sézary Syndrome (MF/SS).
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Swiss Franc Strengthens Amid Recession Concerns, European Energy Crisis
The Swiss franc climbed against its major counterparts in the European session on Wednesday, as a spike in bond yields across the globe and an energy crisis in Europe raised worries about the risk of a recession.
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960 วันที่ผ่านมา
Bay Street Seen Opening On Negative Note
Canadian shares are likely to open with a negative bias on Wednesday, tracking weakness in Asian and European markets and on rising fears the global economy is slipping into a recession.
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960 วันที่ผ่านมา
Reunion Neuroscience Names Greg Mayes As President And CEO
Reunion Neuroscience Inc. (REUN, REUN.TO) announced Wednesday the appointment of Greg Mayes as President and Chief Executive Officer.
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960 วันที่ผ่านมา
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