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Ether ETF Hopefuls Gear Up for Approval as Soon as Mid-July
Livemint· 6 hours agoAsset managers are optimistic that the SEC will greenlight the first US ETFs that invest directly in Ether as soon as mid-July, saying the back and forth with the regulator remains constructive ...
Brevan Slashes Fees for Biggest Fund to Make Up for High Costs
Livemint· 6 hours agoBrevan Howard Asset Management cut fees for its biggest fund to make up for technology, infrastructure and talent expenses that pushed pass-through costs too high. The firm is scrapping the ...
Butter Jumps to Record on Tight Supplies Ahead of Holiday Baking Season
Livemint· 5 hours agoButter has never been this expensive as a limited world supply has buyers scrambling before the holiday baking season later this year. Prices hit an average of $7,350 per metric ton on the latest ...
FTC Will Sue to Block Tempur Sealy’s Mattress Firm Buy
Livemint· 6 hours agoThe US Federal Trade Commission will sue to block Tempur Sealy International Inc.’s $4 billion proposed deal with Mattress Firm Inc. The agency on Tuesday announced that it had unanimously voted ...
Asia Port Snarls Spread With Ship Delays Looking to Last Into August
Livemint· 6 hours agoPort congestion in some of Asia’s busiest trade hubs may persist into August, as ships diverting away from the region’s most clogged maritime gateways cause bottlenecks at others. Singapore, ...
Powell Welcomes Recent Data But Fed Needs More Confidence to Cut
Livemint· 6 hours agoFederal Reserve Chair Jerome Powell said the latest economic data suggest inflation is getting back on a downward path, but emphasized officials need more evidence before lowering interest rates ...
Weak New Zealand Business Confidence Adds to Rate-Cut Pressure
Livemint· 22 hours agoNew Zealand businesses are more pessimistic on the economy, increasing the risk of another contraction and putting pressure on the central bank to cut interest rates sooner than it’s currently ...