Asian markets on course to end week on a positive note
Asian markets headed into the weekend on a broadly positive note Friday, as investors took up New York’s latest record highs sparked by healthy US retail data and upbeat earnings from some of Wall Street’s big names. The readings helped divert attention away from Donald Trump’s tariffs saga, with dozens of countries yet to cut […]
With Q3 Ahead, Major Investment Player, Blackridge, Looks For Growth in The Middle East
Blackridge is a boutique alternative investment firm that focuses on identifying and capitalizing on market opportunities through a rigorous, research-driven strategy. Founded six years ago, it focuses on productivity improvement and wealth creation through investments done strategically. Their investment strategy is rooted in the ability to identify positive market trends that can lead to increased […]
US rate hike expected despite crisis of confidence after third bank failure
The US central bank is widely expected on Wednesday to raise its main interest rate for the tenth consecutive month in the continuing battle against inflation, despite worries over the impact on bank balance sheets. While higher interest rates are generally good news for bank earnings, the Federal Reserve’s aggressive pace of rate rises in […]
The US economy added 311,000 jobs in February
The US economy added 311,000 jobs in February, according to the Labor Department’s monthly employment snapshot released Friday. That’s a retracement from January’s successful jobs report, when a revised 504,000 jobs were added, but it shows the job market is still evolving. The unemployment rate rose to 3.6% from 3.4%. Economists expected a net gain […]