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The Philippine Stock Exchange is aiming for more companies to go public this year even as the economic environment “remains fragile,” according to President and Chief Executive Officer Ramon Monzon. The stock exchange has a target for at least three companies and four real estate investment trusts to hold initial public offerings in 2021, Monzon said in a statement. More […]
» Read more In this article Turkey’s year-end inflation rate is set to exceed even the central bank’s bumped-up forecast, leaving Governor Naci Agbal with little choice but to keep access to credit tight well into 2021. Data due Monday will probably show consumer prices rose an annual 14.2% through December, up from 14% the previous month, according to the median estimate in […]
» Read more Bitcoin set a new record Saturday when the price of the digital currency passed $30,000. The blockchain incumbent has been surging in recent weeks, passing the $20,000 price point a little over two weeks ago and edging toward $25,000 on Christmas day. Bitcoin has grown significantly over the last year as it's drawn in more interest from institutional and retail […]
» Read more To the Editor: WE Charity disagrees with Bloomberg’s narrative in its December 29, 2020 article, “How a Charity Superstar Innovated Its Way to Political Scandal.” So much of the story, from its major themes to minor details, is factually incorrect. We write today to begin setting the record straight. 1. WE Charity prohibits and takes steps to prevent corporal punishment […]
» Read more Among major Sensex gainers, ITC rose the most by 2.32% The BSE Sensex soared to record highs while the NSE Nifty closed above the 14,000-mark for the first time on Friday as markets continued their record run in the new year amid robust buying in IT, auto and FMCG stocks. Extending its record-setting streak for the fifth day, the 30-share […]
» Read more Indian stocks advanced, on course for the longest weekly winning streak in a decade. The S&P BSE Sensex climbed 0.4% to 47,916.40 as of 10:04 a.m. in Mumbai, set for a ninth straight week of gains. The NSE Nifty 50 Index advanced by the same magnitude. Indian equities returned about 16% last year, as investors bet the rollout of vaccines […]
» Read more In this article Nigeria’s central bank weakened the local currency to a record low during trading at the investors and exporters market on Thursday. The naira closed at 410.25 naira per dollar at the I&E window, according to the website of the Lagos-based FMDQ OTC Securities Exchange, a platform that oversees foreign-exchange trading in Nigeria. On the spot market, naira […]
» Read more RedHill Biopharma Ltd. (RDHL) said that preliminary data from its U.S. Phase 2 study with orally-administered opaganib in patients hospitalized with COVID-19 pneumonia demonstrated positive safety and efficacy signals. The randomized, double-blind, placebo-controlled U.S. Phase 2 proof-of-concept study with opaganib enrolled 40 patients requiring oxygen support. The results from the study found opaganib to be safe, with no material safety […]
» Read more In a historic year that marked a rapid plunge into bear market territory and a swift recovery into the bull zone, high-flying technology stocks and electric-vehicle pioneer Tesla Inc. were standout trades. The S&P 500 Index went from peak to trough to peak again within 175 days as investors initially shunned most stocks in response to Covid-19 lockdowns and fears […]
» Read more Subscribe to Odd Lots (Spotify) Subscribe to Odd Lots (Apple Podcasts) Hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics. 34||h0&&d(“lcp”,[n[n.length-1]])}function i(t){t.getEntries().forEach(function(t){t.hadRecentInput||d(“cls”,[t])})}function a(t){if(t instanceof h&&!v){var e=Math.round(t.timeStamp),n={type:t.type};ep.offset&&e
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