New Zealand’s services sector slid deeper into contraction in May, with the BNZ-BusinessNZ Services Performance Index falling from 48.7 to 47.5. The latest reading marks another month below the 50-point threshold that separates expansion from contraction, reinforcing signs that domestic…
Innomin Mining Company (TSXV: royal) Drilling has begun at the 28,000-hectare Beaver-Lynx multi-metallic project in south-central British Columbia. The approximately $2.3 million exploration program represents the largest single exploration investment in Beaver-Lynx to date and features the first-ever drilling in…
nNewbuild orders in the tanker market, especially those of larger tonnage, have been a notable trend for 2026 so far. In its latest weekly report, Gibson Shipbroker said: “The Strait of Hormuz has been largely closed since late February, but…
Strategy CEO Phong Le said the company’s sale of 32 bitcoins was a test of its operation and not a sign that the company needed cash to pay dividends. summary Strategy’s 32-bitcoin sale tested internal systems, not the need to…
The final stage of the potential collapse of the US market may have already begun, he said Bloomberg big commodity Strategist Mike McGlone. The “pump and dump” speculative pattern seen across multiple asset classes is increasingly spreading toward stocks, increasing…
TL;DR The Spot Bitcoin ETF returned to net inflows after five straight days of outflows. The total amount announced on Friday was $85.8 million in net positive flows. Ethereum ETFs remained under pressure, with a daily net outflow of $4.95…
A Bank of America strategist has sounded the alarm about the stock market, warning that stocks are flashing signals that often herald a 20% correction. In a note to investors, Savita Subramanian, head of US equities and quantitative strategist at…
Elon Musk says SpaceX’s revenue could reach nearly $1 trillion a year by 2030, and likely more in 2031. That prediction is much higher than those of the bankers who took his company public. Musk made the claim on X…
Historically, the cryptocurrency market has been driven by hype, retail fear of missing out (FOMO), Trading with leverage and leverage. The introduction of Bitcoin ETFs in the US has changed that. Institutional investors are driving the market now. Registered investment…
Hungary is dismantling a restrictive digital assets framework introduced under former Prime Minister Viktor Orbán, a sweeping policy reform that would decriminalize cryptocurrency trading and abolish prison sentences that drove major platforms out of the country, government spokeswoman Anita Kobol…
