Main Street Capital stock price did modestly well this year as other companies in the business development companies (BDC) industry accelerated. Main Street Capital beat other BDCs this year It had a total return of 8.9% this year, while the closely-watched VanEck BDC Income ETF (BIZD), which tracks the biggest companies in the industry, dropped […]
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The embattled Indian rupee roared back to life on Wednesday as the country’s central bank boosted its interventions. The USD/INR exchange rate tumbled from a record high of 91.07 to a low of 90.28, its biggest drop in months. So, will the rupee gains hold? Indian rupee rebounds amid RBI intervention The USD/INR exchange rate […]
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Copper prices have climbed to a fresh all-time high above $12,000 a metric ton, putting the industrial metal on track for its strongest annual performance since 2009. The rally has been driven by a combination of severe supply disruptions and trade dislocations linked to the tariff agenda of US President Donald Trump, affecting global copper […]
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The Brazilian real was little changed against the US dollar on Tuesday as investors balanced local monetary policy signals with new labour market data in the United States. Meanwhile, market actors focused on the minutes from the Central Bank’s most recent policy meeting, as well as the US report for November jobs, which combined to […]
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Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion. Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl […]
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Bybit will gradually restrict accounts for its Japanese users starting in 2026 in a bid to comply with local regulatory requirements. Bybit has started notifying Japanese users that it will “discontinue services” and “gradually implement account restrictions” in an effort to comply with Japanese regulations, the exchange said in a December 22 announcement. “If you’re […]
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The EUR/USD exchange rate held steady in the past few months, a trend that may continue in the coming months as top analysts predict a return to US dollar slide amid a divergence between the Federal Reserve and the European Central (ECB). It was trading at 1.1740, much higher than last month’s low of 1.1463. […]
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Spot Bitcoin exchange-traded funds (ETFs) began the new week under pressure, posting net outflows of $142.2 million on December 22, underscoring continued caution among institutional investors as the year-end approaches. According to flow data, BlackRock’s iShares Bitcoin Trust (IBIT) was the lone bright spot, recording modest net inflows of $6.0 million. However, those gains were […]
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The USD/CHF exchange rate drifted downwards on Thursday morning as the US dollar index weakened after the Federal Reserve interest rate decision. It dropped to a low of 0.8, its lowest level since November 19 as investors anticipated the upcoming Swiss National Bank (SNB) interest rate decision. SNB interest rate decision ahead The USD/CHF exchange […]
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US stocks opened higher on Friday, led by gains in technology shares, as the artificial intelligence trade attempted to regain momentum after a volatile stretch. The Nasdaq Composite rose 0.5%, while the S&P 500 added 0.4%. The Dow Jones Industrial Average advanced 176 points, or 0.4%. The rally was driven in part by Oracle, whose […]
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