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  • Reuters

    Yellen says Japan explained 2022 FX intervention, Nikkei reports

    U.S. Treasury Secretary Janet Yellen said Japan had explained its intervention into the currency market in 2022, the Nikkei Business daily reported on Saturday. "The Japanese government did explain to us that they saw volatility," Yellen told the Nikkei, referring to Japan's forex intervention in 2022. Japan conducted massive bouts of yen-buying intervention in 2022 and 2024 as the currency's excessive fall could hurt households because of costlier imports.

  • CNW Group

    Berger Montague (Canada) PC invites Investors to discuss their legal rights about investing in Chesswood Group Limited

    Berger Montague (Canada) PC, a Toronto-based law firm that focuses on representing investors in cross-border shareholder disputes, is investigating Chesswood Group Limited (TSX: "CHW", USOTC "CHWWF"; and FRA: "Y30.F") a company that is subject to the disclosure rules created by the Province of Ontario's Securities Act.

  • Reuters

    Hedge fund study on U.S. Treasury issuance fuels debate

    A hedge fund study that said the U.S. Treasury last year effectively provided economic stimulus by moderating long-dated bond sales has sparked a debate in the bond market and a denial from the U.S. Treasury that said it was not aiming for such an effect. The U.S. Treasury Department announced in November it would slow the pace of auction size increases of long-dated debt securities, a move that gave relief to bond markets rattled by previous increases in long-term debt supply. This led to a decline in 10-year Treasury yields equivalent to the economic stimulus that would be provided by a one percentage point reduction in the Fed's policy rate, according to a study published by Hudson Bay Capital Management.

  • Motley Fool

    Why Altcoins Like Toncoin and Pepe Stumbled This Week

    Crypto heads around the world got excited about the rollout of spot Ethereum ETFs! Actually, they didn't.

  • Newsfile

    Barksdale Announces Closing of Private Placement Financing

    Vancouver, British Columbia--(Newsfile Corp. - July 26, 2024) - Barksdale Resources Corp. (TSXV: BRO) ("Barksdale" or the "Company") is pleased to announce the closing of the second and final tranche ("Final Tranche") of its previously announced non-brokered private placement offering ("Offering") of units of the Company ("Units") with the issuance of 14,674,683 Units for gross proceeds of $2,201,202.45. The first tranche ("First Tranche") of the non-brokered private placement offering comprisin

  • WWD

    All the Fashion at the Paris Olympics 2024 Opening Ceremony

    Dior, Louis Vuitton and a host of emerging Paris-based designers created key looks for performers including Celine Dion, Lady Gaga, Aya Nakamura and more.

  • Reuters

    Yellen: Emerging markets share concerns on China's excess factory capacity

    U.S. Treasury Secretary Janet Yellen said on Friday that emerging markets, including some G20 countries, share her concerns about China's excess industrial capacity and should press Beijing to change its economic model. Yellen told Reuters in an interview that the concerns about China overinvesting in factories and flooding the world with cheap goods extends well beyond the wealthy G7 democracies to countries including G20 host Brazil, which has raised tariffs on Chinese steel and electric vehicles. Yellen said that China is not taking advice from other countries and the International Monetary Fund to revive its economy with measures to increase consumer spending and demand for services.

  • GlobeNewswire

    Alaska Energy Metals Announces Marketing Program Addition

    VANCOUVER, British Columbia, July 26, 2024 (GLOBE NEWSWIRE) -- Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“Alaska Energy Metals”, the “Company”, or “AEMC”) today announced additional marketing services with Gold Standard Media. Further to its news release of July 16, 2024, announcing the 90-day renewal of its marketing services agreement with Gold Standard Media, LLC (“Gold Standard”), the Company has decided to increase the scope of Gold Standard’s services to include additio

  • Reuters

    G20 agrees to tackle taxation of the super-rich, but forum not yet decided

    The first-ever joint declaration by G20 finance leaders vowing to cooperate on effectively taxing the world's largest fortunes on Friday papered over deeper disagreement about the right forum to advance the agenda. Finance ministers and central bankers from the Group of 20 major economies agreed to reference fair taxation of "ultra-high-net-worth individuals" in both their joint communique and a separate declaration on international tax cooperation on Friday. "We will seek to engage cooperatively to ensure that ultra-high-net-worth individuals are effectively taxed," said the final draft of the G20 ministerial declaration in Rio de Janeiro, seen by Reuters.