Reinforcing the Bank’s commitment to upholding the highest standards of corporate reporting and best governance practices, the Commercial Bank of Ceylon has won five major awards including two Golds at the 2025 TAGS Awards of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), demonstrating its strong focus on Transparency, Accountability, Governance, and [...]
BWX Technologies (NYSE:BWXT – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 4.550-4.700 for the period, compared to the consensus EPS estimate of 4.100. The company issued revenue guidance of $3.8 billion-$3.8 billion, compared to the consensus revenue estimate of $3.5 billion. [...]
Becoming trust banks does not allow the firms to act as traditional Main Street institutions
Goldman Sachs targets $5,400 gold by year-end, citing central bank buying and Fed cuts, while warning of higher volatility.Summary:Goldman Sachs forecasts gold at $5,400 by end-2026Central bank buying a key structural driverFed rate cuts expected to spur investor allocationsAdditional private diversification flows pose upside riskGreater volatility likely as options activity risesGold prices are set for further gains in 2026, according to a new note from Goldman Sachs, which sees bullion climbing to $5,400 by year-end.Lina Thomas, senior commodities analyst at Goldman Sachs Research, attributes the constructive outlook to two primary forces: sustained central bank purchases and rising investor allocations as U.S. interest rates fall.Official sector buying remains a cornerstone of the bullish thesis. Central banks continue to diversify foreign-exchange reserves away from traditional assets and into bullion, providing steady structural demand. That trend, Thomas argues, should remain intact through 2026.The second pillar is monetary policy. Goldman expects the Federal Reserve to deliver rate cuts this year, lowering the opportunity cost of holding non-yielding assets such as gold. Historically, declining real yields and easing financial conditions have supported investor flows into precious metals.Thomas also highlights what she describes as “significant upside” risk to the $5,400 forecast. The bank’s base case does not fully incorporate the potential for further private-sector diversification into gold. Given the relatively small size of the gold market compared with global bond and equity markets, even modest reallocation flows could have an outsized price impact.However, that dynamic cuts both ways. Much of the diversification demand is expressed via call options, which can amplify price swings. As a result, while Goldman expects the broader uptrend to persist, it cautions that volatility is likely to increase.In short, the bank sees gold’s rally extending into year-end—driven by structural reserve diversification and cyclical rate relief—but with sharper price action along the way. This article was written by Eamonn Sheridan at investinglive.com.
CSE trading was upbeat yesterday at the outset but later was hit by panic as US President Donald Trump threatened a 15 percent tax under a separate law or laws, according to analysts. The US Supreme Court ruled in a 6-3 judgment recently that Trump did not have the authority to impose ad hoc tariffs [...]
With the cost of gold sitting around $5,000 per ounce, the bill would allow people to buy as much, or as little, as they wanted. People can essentially buy fractions of entire gold bars, spending as little as a few dollars a month to have in gold value.
(MENAFN - PR Newswire)The financing was led by the company's largest existing institutional shareholders, with participation from Ideal Power insiders, including its CEOAUSTIN, Texas, Feb. 23, ...
Alnylam Pharmaceuticals (NASDAQ:ALNY) has outperformed the market over the past 5 years by 4.93% on an annualized basis producing an average annual return of 17.33%. Currently, Alnylam Pharmaceuticals has a market capitalization of $43.67 billion. Buying $100 In ALNY: If an investor had bought $100 of ALNY stock 5 years ago, it would be worth $224.67 today based on a ...Full story available on Benzinga.com
The yen weakened on Tuesday as markets weighed the fallout on global trade from renewed turbulence over US President Donald Trumps tariff regime The greenback clawed back losses as China and Japan reopened following holidays and Trump warned countries against retreating from recent trade deals after the Supreme Court struck down his emergency tariffs
Chasing opportunity is more about staying informed.
Rate has introduced RateFi, a new mortgage product that allows qualified borrowers to use verified cryptocurrency as part of their income and asset qualification without requiring liquidation.
AN AI crypto trading bot accidentally sent £185,000 to a man whose uncle has tetanus after it misread a social media plea. The bot, known as Lobstar Wilde, made the expensive error just three days after it was created. The AI trader was created by OpenAI employee Nik Pash to manage a Solana-based trading wallet....