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Latest News for: hamid

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Wall Street’s Dow Jones on track for worst April since the Great Depression

Cryptopolitan 22 Apr 2025
The Dow got crushed on Monday, dropping nearly 1,000 points as traders scrambled through a selloff that’s dragging the index toward the worst April since 1932, according to Dow Jones Market Data ... The usual safety zones are gone ... The U.S.
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Trump vs. Powell slams dollar, sends gold to record $3,500 as Bitcoin holds steady

Cryptopolitan 22 Apr 2025
Gold blasted past $3,500 a troy ounce for the first time ever on Tuesday after Trump escalated his feud with Federal Reserve chair Jay Powell, kicking the legs out from under the US dollar and shaking global markets ... Markets didn’t wait to react.
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Eurozone inflation will stay hotter than expected in 2025 and 2026, says ECB

Cryptopolitan 22 Apr 2025
Inflation across the Eurozone will run hotter than expected for the next two years, the European Central Bank confirmed on Tuesday, according to its second-quarter 2025 Survey of Professional Forecasters ... For 2027, inflation stays flat at 2.0% ... Source.
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Wall Street’s global power in jeopardy as Trump’s trade war intensifies

Cryptopolitan 22 Apr 2025
The financial crown America built over decades is now slipping. Wall Street’s dominance in global banking is under direct threat as Trump’s trade war expands ... But that edge is cracking ... Around $10 billion of that came from just those high-fee services.
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Reserve Bank of India to inject $35 billion into the economy, boost credit growth by 2%

Cryptopolitan 22 Apr 2025
The Reserve Bank of India said Monday it will unlock up to 3 trillion rupees—that’s $35.24 billion—from the banking system by loosening rules on liquidity coverage ... These assets include things like cash, central bank balances, and federal bonds.
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Board Meeting (Hamid Textile Mills Ltd)

Public Technologies 21 Apr 2025
) ... You can access the original document here ... Disclaimer. Hamid Textile Mills Ltd.
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Bitcoin hits post-“Liberation Day” high as Trump moves to fire Powell, nukes markets

Cryptopolitan 21 Apr 2025
Bitcoin blasted through $87,600 on Monday morning in Singapore after president Donald Trump threatened to fire Federal Reserve Chair Jerome Powell, slamming the dollar and sending panic across global markets ... Source. Bloomberg ... The rally came while U.S.
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China to roll out stimulus as trade war drags and rates stay frozen

Cryptopolitan 21 Apr 2025
China kept its benchmark lending rates unchanged on Monday for the sixth month in a row, locking in the one-year loan prime rate at 3.1% and the five-year rate at 3.6% ... The underlying fear? The Sino-U.S ... China warns allies as U.S ... U.S ... Learn More ....
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China hits back at Trump with sanctions on US lawmakers and NGOs

Cryptopolitan 21 Apr 2025
China hit back at the White House on Monday by announcing sanctions on U.S. lawmakers, government officials, and heads of non-governmental organizations, saying the decision came in direct response to Washington’s latest action over Hong Kong ... indexes.
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Circle, Paxos, Coinbase, and others seek bank charters amid Trump-led crypto comeback

Cryptopolitan 21 Apr 2025
Crypto companies are pushing hard into US banking just as Trump reopens the door. According to the Wall Street Journal, Circle, Paxos, Coinbase, and BitGo are now planning to apply for bank charters or other official licenses ... Cryptopolitan Academy.
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Nvidia CEO presses Japan for more electricity to keep up with AI growth

Cryptopolitan 21 Apr 2025
Jensen Huang, the CEO of Nvidia, met with Japanese Prime Minister Shigeru Ishiba on Monday and told him directly that Japan must start producing more electricity if it wants to keep up with the rising demand of artificial intelligence ... rules.
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S&P 500 and Nasdaq extend declines as Nvidia and Tesla stocks crash

Cryptopolitan 21 Apr 2025
The S&P 500 and Nasdaq Composite both dropped hard on Monday, pulling the rest of the market down with them as Nvidia and Tesla got crushed ... Trump’s public assault, posted on Truth Social, Powell “Mr ... financial markets. He made it clear.
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SEC staffers expect Paul Atkins to take the reins as Wall Street’s top cop this week

Cryptopolitan 21 Apr 2025
Paul Atkins, Donald Trump’s pick to run the Securities and Exchange Commission, was confirmed by the Senate in a 52–44 vote on April 9. Now SEC staff say they expect him to officially start his job this week ... It’s not unusual, they said.
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