(RTTNews) - After moving substantially higher over the two previous sessions, stocks are likely to move back to the downside in early trading on Thursday. The major index futures are currently pointing to a sharply lower open for the markets, with the S&P 500 futures down by 1.5
(RTTNews) - After moving substantially higher over the two previous sessions, stocks are likely to move back to the downside in early trading on Thursday. The major index futures are currently pointing to a sharply lower open for the markets, with the S&P 500 futures down by 1.5
Amazon is reportedly in talks to acquire satellite telecommunications company Globalstar. Globalstar stock rocketed higher Thursday morning while Amazon shares fell premarket. Globalstar has a market capitalization of just under $9 billion as of Wednesday's close.
Amazon is reportedly in talks to acquire satellite telecommunications company Globalstar. Globalstar stock rocketed higher Thursday morning while Amazon shares fell premarket. Globalstar has a market capitalization of just under $9 billion as of Wednesday's close.
(RTTNews) - Rivian Automotive (RIVN) announced it produced 10,236 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,365 vehicles during the quarter ending March 31, 2026. The company noted that its production and delivery results for the quarter are in
(RTTNews) - Rivian Automotive (RIVN) announced it produced 10,236 vehicles at its manufacturing facility in Normal, Illinois and delivered 10,365 vehicles during the quarter ending March 31, 2026. The company noted that its production and delivery results for the quarter are in
Asante Gold Corporation press release ( ASE:CA ): FY GAAP EPS of -$0.55. Revenue of $482.59M. As at December 31, 2025, the Company had cash on hand of $44.0M. More on Asante Gold Corporation Asante Gold announces CEO retirement, appointment of Campbell Baird as COO Financial information for Asante Gold Corporation
Asante Gold Corporation press release ( ASE:CA ): FY GAAP EPS of -$0.55. Revenue of $482.59M. As at December 31, 2025, the Company had cash on hand of $44.0M. More on Asante Gold Corporation Asante Gold announces CEO retirement, appointment of Campbell Baird as COO Financial information for Asante Gold Corporation
The Reserve Bank of India’s crackdown on speculation against the rupee has come at the cost of a broader market disruption. After the central bank imposed a $100 million cap on banks’ onshore currency bets on Friday, lenders rushed to unwind arbitrage trades — buying dollars abroad and selling them locally. That pushed speculative activity into overseas markets, which the RBI quickly shut off late...
The Reserve Bank of India’s crackdown on speculation against the rupee has come at the cost of a broader market disruption. After the central bank imposed a $100 million cap on banks’ onshore currency bets on Friday, lenders rushed to unwind arbitrage trades — buying dollars abroad and selling them locally. That pushed speculative activity into overseas markets, which the RBI quickly shut off late Wednesday by barring banks from offering non-deliverable forwards, the most widely used offshore rupee instrument. Read More: India Trading Ban Rocks $149 Billion-a-Day Offshore Rupee Market “There will be dislocation in the market, the liquidity will come down, and the spread between local and offshore markets will increase,” said Ritesh Bhansali , deputy chief executive officer at Mecklai Financial Services. The move will impact about 70% of market players that are able to bet against the currency, he said. Here are four charts that show how the RBI’s actions are rippling across markets: The unwinding of arbitrage bets has pushed up the cost of buying forward dollars offshore. The cost of hedging against rupee weakness over six months has climbed to its highest level since 2013, the year of the taper tantrum. This could force global investors to sell government bonds and unwind hedges, according to Rajeev de Mello , a global macro portfolio manager at Gama Asset Management. The unwinding of arbitrage trades between local and offshore markets has sent forward rates to their highest level since 2020. If the difference widens, some global investors may shift dollar purchases onshore, exerting fresh downward pressure on the rupee, analysts said. The rupee’s 1.8% gain on Thursday — the sharpest since 2013 — also drove a key measure of currency volatility to a six-year high. That prompted the central bank-backed clearing house to impose a 20% volatility margin on dollar-rupee forwards. Mecklai’s Bhansali sees room for the rupee to strengthen to 92.50 per dollar in the near ter...
Off The Hook YS ( OTH ) said on Thursday that it will acquire Bellhart Marine Group. This includes its affiliated entities Bellhart Marine Services, Specialized Mechanical Services, and Specialized Mechanical Services. OTH +0.82% premarket to $2.45. Source: Press Release More on Off The Hook YS Inc. Off The Hook YS Inc. reports Q4 results Historical earnings data for Off The Hook YS Inc. Financial...
Off The Hook YS ( OTH ) said on Thursday that it will acquire Bellhart Marine Group. This includes its affiliated entities Bellhart Marine Services, Specialized Mechanical Services, and Specialized Mechanical Services. OTH +0.82% premarket to $2.45. Source: Press Release More on Off The Hook YS Inc. Off The Hook YS Inc. reports Q4 results Historical earnings data for Off The Hook YS Inc. Financial information for Off The Hook YS Inc.
More than 30 groups and individuals have collectively called on the government to close loopholes in Hong Kong’s child sexual offence bill and provide greater protection to survivors. In a paper released on Thursday, the non-profit organisations and professionals also urged the judiciary to review its practice directions to safeguard child abuse victims who often suffered from intense cross-examin...
More than 30 groups and individuals have collectively called on the government to close loopholes in Hong Kong’s child sexual offence bill and provide greater protection to survivors. In a paper released on Thursday, the non-profit organisations and professionals also urged the judiciary to review its practice directions to safeguard child abuse victims who often suffered from intense cross-examination in court, which could lead to secondary harm. “With 16 per cent of children suffering from...
Democrats Ask Judge To Block Parts Of Trump's Election Order Authored by Kimberley Hayek and Matthew Vadum via The Epoch Times, Democrats asked a federal judge Wednesday to block parts of President Donald Trump’s executive order on federal elections. The lawsuit challenges Trump’s directive, signed a day earlier, that will create a list of eligible voters in every state and prohibit the U.S. Posta...
Democrats Ask Judge To Block Parts Of Trump's Election Order Authored by Kimberley Hayek and Matthew Vadum via The Epoch Times, Democrats asked a federal judge Wednesday to block parts of President Donald Trump’s executive order on federal elections. The lawsuit challenges Trump’s directive, signed a day earlier, that will create a list of eligible voters in every state and prohibit the U.S. Postal Service (USPS) from sending absentee ballots to those not included on the list. The order, titled “Ensuring Citizenship Verification and Integrity in Federal Elections,” directs the Department of Homeland Security and Social Security Administration to conduct voter information collection. Trump said the executive order was needed because “the cheating on mail-in voting is legendary. It’s horrible what has been going on.” “The right to vote in Federal elections is reserved exclusively for citizens of the United States under the Constitution and Federal law,” the order reads. “The Federal Government has an unavoidable duty under Article II of the Constitution of the United States to enforce Federal law, which includes preventing violations of Federal criminal law and maintaining public confidence in election outcomes.” Trump signed the order after Congress recently failed to pass the SAVE America Act, which would have imposed voter ID and election integrity requirements. Administration officials described the order as a necessary step to restore public confidence ahead of the midterm elections in November. White House staff secretary Will Scharf said the provisions in the order would prevent past problems from being repeated. “We believe, combined, the measures in this order will help secure elections in the future and ensure the many abuses of our elections in the past are not repeated in future elections,” Scharf said. Commerce Secretary Howard Lutnick echoed the goal. “The fundamentals of our democracy are built on voter integrity,” he said during a signing ceremony. The...