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- March 4, 2024
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On March 4, Nihon Keizai Shimbun announced that it would adopt ZOZO, DISCO, and Socionext as part of a regular reorganization of Nikkei 225 stocks. Photo by TSE, October 2020 (2024 Reuters/Kim Kyung-Hoon)
[Tokyo, Ebrill 4 (Reuters)]- The Nihon Keizai Shimbun, Inc. announced. on the 4th due to the regular reshuffling of Nikkei 225 stocks, ZOZO (3092.T), opens a new tab, Disco (6146.T) , opens a new tab, Socioext (6526).T), announced that it will adopt opens a new tab. Excluding Takara Holdings (2531.T), opens a new tab, Sumitomo Osaka Cement (5232.T), opens a new tab, and Pacific Metals (5541.T), opens a new tab.
The calculation will be changed from April 1st. Based on the closing price on the 4th, the buying price was 477.2 billion yen, while the selling price was 47.1 billion yen, creating an imbalance of 430.1 billion yen. Takehiko Masuzawa, head of trading at Philip Securities, estimates that there will be thin and broad selling in the constituent stocks of the Nikkei 225 until March 29 to raise funds for purchases.
Iraq Achieves Progress In The Growth Of Non-Oil…
Baghdad – IA
The International Monetary Fund confirmed on Wednesday that Iraq is making progress in non-oil GDP growth.
A statement from the Ministry of Finance received by the (INA) said: “The Iraqi delegation, headed by Finance Minister Taif Sami Muhammad, held discussions with International Monetary Fund experts within the framework of Article IV consultations, held in the Jordanian capital, Amman, during the period from February 27 to 29.”
The statement added, “The discussions focused on the reform program for the Iraqi economy and the steps adopted by the Iraqi government towards strengthening financial and banking policy, digital infrastructure, financial inclusion, and public debt issues, in addition to the measures taken to mitigate the repercussions of international conflicts and their effects on the economy.”
He pointed out that “the delegation, during the consultations, held discussions related to a road map towards increasing non-oil revenues and enhancing coordination between financial and monetary policies in Iraq, in addition to defining joint work programs that include the IMF providing the necessary technical and advisory support for the economic reform adopted by the Iraqi government to achieve stability.” Financial and monetary improvement, improving the level of financial planning for budgets,
Insider Insights: Dogecoin (DOGE) Shows Promising Signs, Expert…
Analyst Sees Bullish Signals for Dogecoin and Filecoin
A market analyst recently highlighted positive indicators for Dogecoin (DOGE) and Filecoin (FIL), suggesting potential bullish trends for these cryptocurrencies.
Dogecoin’s Bullish Reversal Signal
According to the analyst, the Dogecoin versus Bitcoin pair (DOGE/BTC) is showing a strong bullish reversal signal on the weekly chart. This signal indicates a potential uptrend for Dogecoin, despite previous market expectations.
Source: Bluntz/X
Bullish divergence, as seen in the DOGE/BTC pair, often indicates a shift in momentum favoring the bulls, even in a downward or sideways price trend. Currently, DOGE/BTC is trading at 0.0000023 BTC ($0.14).
Filecoin’s Accumulation Range
On the other hand, the analyst also mentioned Filecoin (FIL) as a cryptocurrency worth monitoring. FIL is currently trading within its multi-year accumulation range, suggesting a potential for future growth.
Source: Bluntz/X
At present, FIL is valued at $9.05, reflecting a 9% increase in the last seven days. The analyst believes that despite this growth, Filecoin is still in the early stages of its potential, indicating room for further development.
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Argentinas Javier Milei Says He Doesnt Need Congress…
Argentina’s libertarian president Javier Milei is ready to bypass hostile legislators who blocked his landmark economic reforms and rely on decrees and other executive powers to implement his radical austerity plan.
His strategy for reviving the stricken economy is widely perceived as high-risk, but Milei waved aside doubts during a confident interview at the pink-coloured presidential palace, the Casa Rosada. He said he was making faster progress than expected with a fiscal adjustment so drastic it had no parallel “not just in Argentina but the world”.
The chance of ordinary Argentines rioting against austerity was “zero” and his message to Argentina’s growing number of poor, he said, was: “You don’t get out of poverty by magic. You get out of poverty with capitalism, savings and hard work.”
A political outsider inaugurated in December on a promise to take a chainsaw to the state, Milei surprised Argentina by eking out the country’s first budget surplus in 12 years in January. That was achieved by slashing payments to provinces, freezing budgets and not uprating pensions and benefits fully for inflation, which was running at 254 per cent a year last month.
Economists have warned that such drastic spending cuts may not be sustainable.
FINANCIAL INCLUSION Bancassurance Services Are Taking Hold
Financial services players during the presentation of the first bancassurance products.
The arrival of bancassurance services marks a step forward in the Malagasy financial landscape. This strategy responds to potential but still low demand.
The first bancassurance products were presented by banking and insurance service operators in Ambodivona yesterday. It is based on a simple logic: banks are the natural guardians of their clients’ financial assets, while insurers provide protection against financial and non-financial risks.
This complementarity has led to a gradual integration of the two sectors, thus offering advantages for both institutions and clients. In addition, in addition to traditional bank loans, insurance service offerings have recently attracted growing interest among banking establishments’ customers. They are aware of the likelihood of risks in the market and in daily life although this still only concerns a limited number of people, and the sector has not yet reached its full potential at present. “Malagasy in general are not used to anticipating future events, even those whose occurrence is certain, especially those likely to have a negative and inevitable impact,” underlined Herintsalama Rajaonarivelo, president of the board of directors of BNI Madagascar, which also has fifteen years of experience in the insurance sector to its credit.
Registration Of GMO Organisms Begins In Azerbaijan 2024-03-04…
From May 5 this year, the registration of genetically modified organisms and feed products imported into our country, as well as produced, processed and circulated in our country, will begin.
About it Publika.azwas informed by the Azerbaijan Food Safety Agency (AQTA).
It was reported that those who are interested in the required documents related to the registration procedure to be implemented by AQTA and those who want to receive other information can apply to the Azerbaijan Institute of Food Safety under the Agency.
It should be noted that according to the Law of the Republic of Azerbaijan “On Food Safety”, genetically modified organisms intended for use as feed, as well as products consisting only of genetically modified organisms or containing genetically modified organisms or obtained from genetically modified organisms the production, processing and circulation of fodder products is allowed after those products are registered accordingly. Production, processing and circulation of unregistered products is prohibited.
So, in accordance with the said Law, restrictions will be applied to the import of unregistered products to our country, as well as to their production, processing and circulation in our country.
The law also states that in cases where genetically modified organisms are present in feed products imported to the Republic of Azerbaijan,
ECB Will Start Cutting Interest Rates Sooner Than…
#ECB #start #cutting #interest #rates #sooner #Fed #predicts #Bankinter
Pressure from the various eurozone countries, which are under greater pressure from the economy, could lead the Frankfurt bank to act sooner.
The European Central Bank (ECB) will start cutting interest rates sooner than the North American Federal Reserve, predicts Bankinter.
“Our expectation is that, taking into account the macro environment and the weakness that the euro zone has demonstrated, there will be greater grounds for the ECB to begin cutting rates before the Federal Reserve, especially if the unemployment rate remains unchanged” , said José Calheiros, director of Bankinter Gestión de Activos in Portugal.
“The ECB will be more sensitive to the arguments of the German authorities. There are already many Finance Ministers asking for some sensitivity and common sense to begin to loosen the stranglehold on which economies have been subjected over the last 18 months,” he said in a meeting with journalists on Friday.
“Mrs Lagarde will thus be able to give in to the temptations or requests of the eurozone political authorities sooner than the Fed,” he added.
TXS: Decides On March 2 And 3 About…
Ready to make its final decisions over the weekend on the upcoming placement of the shares it owns in Piraeus Bank is the Financial Stability Fund (HFS).
According to most indications, the disposal of the entire public participation, which today amounts to 27%ot.gr, as reported by information from .
This is because from the contacts of the HFSF advisers with investors, a strong demand for the securities of the systemic group is recorded, which allows the completion of the transaction at a satisfactory price.
Everything will become clear after today’s closing of the AX session. The Board of Directors of the Fund is expected to meet on Saturday, so that by the opening of the market on Monday, it will announce the terms of the sale.
The most critical are related to the number of shares that will eventually be allocated, their allocation to institutional investors abroad and to individuals in Greece, but also to the price range, within which offers will be accepted.
Banking sources estimate that if the sale of 27% of the bank’s shares is qualified, the revenue for the public will exceed 1.2 billion euros.
The history of investments
It is noted that Piraeus Bank has one of the most impressive shooting stories of all time in Europe to show.
ClosingShanghai Index Rose 0.41%, Liquid-Cooled Server Concept Stocks…
March 4 saw an overall rise in the three major A-share indexes, with the Shanghai Stock Exchange Index increasing by 0.41%, the Shenzhen Component Index rising by 0.04%, and the ChiNext Index climbing by 0.59%. Despite the positive momentum in the market, data from Wind indicates that more than 3,100 stocks experienced a decline.
Various sectors exhibited mixed performances during the day. Sectors such as liquid-cooled servers, precious metals, medical services, assisted reproduction, and computing power leasing saw gains, while sectors like automob iles, real estate, integrated die-casting, and securities recorded losses. Liquid-cooled server concept stocks saw a surge, with companies like Qiangrui Technology and Sichuan Run Co., Ltd. hitting their daily limits.
In terms of capital flows, northbound funds sold a net 7.061 billion yuan, with significant outflows from the Shanghai and Shenzhen Stock Connect programs. Main funds continued to flow into sectors like pharmaceutical and biological, public utilities, and petroleum and petrochemicals, while there were net outflows from sectors such as non-bank finance, computers, and food and beverages.
From an institutional perspective, Guosheng Securities believes that the market sentiment has stabilized as capital has entered significantly. They suggest focusing on sectors like artificial intelligence,