Tag: Finance News
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Jared Kushner’s Affinity Partners Exits Warner Bros. Discovery Bid
Afffinity Partners Pulls Back from a High-Profile Media Bid In a move that underscores the shifting tides in media finance, Affinity Partners, the private equity firm led by Jared Kushner, has withdrawn from the bidding process to acquire Warner Bros. Discovery (WBD). The decision, confirmed by a spokesperson for Affinity Partners, marks a notable setback…
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Dollar To Naira Black Market Rate Today: November 25, 2025 Update
Overview: Dollar To Naira Black Market Rate Today The Nigerian naira faced a slight slip against the U.S. dollar in the parallel or black market on Tuesday, November 25, 2025. Traders cited rising festive-season demand for foreign currencies as a key driver behind the modest depreciation of the naira against the dollar. While the official…
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What Happened Wednesday: Mortgage Rates Dip After FMT Cuts Minimum Lending Rates
Overview Here’s what you need to know before you clock out today: Mortgage rates moved lower on Wednesday after FMT announced a cut to its minimum mortgage lending rates. The move could affect monthly payments for new borrowers and those looking to refinance. If you’re in the market for a home or evaluating your current…
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BNM holds policy rate as Malaysia’s economy remains resilient
BNM signals a steady hand in a resilient economy Bank Negara Malaysia (BNM) appears set to leave the policy rate unchanged, a move that underscores the central bank’s assessment of a domestic economy that has withstood global shocks better than many peers. With inflation broadly tamed, growth stabilizing, and the ringgit strengthening, BNM has room…
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WiseTech offices raided by AFP and ASIC in share trading probe
Overview: Authorities raid WiseTech offices amid trading allegations The Australian Federal Police (AFP) and the Australian Securities and Investments Commission (ASIC) have conducted a raid on a WiseTech Global office in Sydney. The action, executed under a search warrant, focused on documents related to alleged trading in WiseTech shares by co-founder Richard White and three…
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ASX Hits Record High Again as Unemployment Rises and Rate Cut Bets Return
ASX Reaches New Record High on Jobs Data and Rate-Cut Bets The Australian share market surged to another record high as September unemployment data highlighted a softer jobs market, reviving expectations for further cuts to the cash rate. Traders pushed risk assets higher on the prospect that the Reserve Bank of Australia (RBA) could ease…
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Dollar Falls as US Government Shutdown Sparks Selloff
Dollar Falls as U.S. Government Shutdown Sparks Selloff The dollar index, which tracks the greenback against six major currencies, slipped 0.2% on Wednesday to 97.61. That small move masked a broader concern: the greenback is about 10% weaker for 2025 so far, a pace that would mark its worst annual performance since 2003 when it…
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Quick Trading Surge Signals Short Week for Investors
Introduction Recent trading activity between Thursday night and Friday morning has sent ripples through the investment community, especially as we approach a short trading week with only Sunday and Thursday open. This period coincides with the Jewish New Year, casting a spotlight on significant transactions in the market. Key Transactions and Market Movements A notable…
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Dollar Exchange Rate in Egypt – September 14, 2025
Current Dollar Exchange Rate in Egypt As of September 14, 2025, the dollar exchange rate in Egypt has stabilized in various banks across the country. This steady rate is crucial for both individual consumers and businesses alike, especially in a fluctuating economic landscape. Overview of the Dollar Price The current exchange rate of the US…
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Dollar to Egyptian Pound Exchange Rate on September 14, 2025
Current Dollar to Egyptian Pound Exchange Rate On September 14, 2025, the exchange rate for the US dollar against the Egyptian pound remains stable, holding on to the elevated levels recorded earlier. This comes after the dollar faced some losses due to an increase in U.S. unemployment claims and a slight uptick in inflation rates.…