People’s Bank of China USD/CNY Reference Rate The Previous Closing Rate was 7.2935 The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to…
Welcome to the Aviat Networks, Inc. (AVNW) Q2 2025 Earnings Call Transcript! Introduction Welcome everyone to the Aviat Networks, Inc. (AVNW) Q2 2025 Earnings Call Transcript. Today we will be diving into an in-depth analysis of the company’s performance over the past quarter and discussing key highlights with a sprinkle of humor and quirkiness. Financial…
Breaking News: CySEC Slaps BCM Begin Capital Markets with $50K Fine for Multiple Compliance Lapses Description: The Cyprus Securities and Exchange Commission (CySEC) has taken enforcement action against BCM Begin Capital Markets again, this time settling for a monetary penalty of €50,000. The settlement was announced today (Thursday) for “possible violations” of local regulations. The…
In the Spotlight: Bitgert Coin Price Set to Soar This Week The Unpredictable World of Cryptocurrency In cryptocurrency, trends can shift as quickly as they start. As such, it’s never easy to bank on any token unless they are exceptionally good. One such rare case of an exceptionally good cryptocurrency token is Bitgert coin. Bitgert:…
Bitcoin Pulls Back Below $100,000 The Recent Pullback Bitcoin saw a notable pullback and retreated to under the $100,000 mark with a 5.7% decline over the past day. This sudden drop has caught many investors off guard, especially after the cryptocurrency had been steadily climbing in value over the past few weeks. The reasons behind…
Fergus Argyle of EFG New Capital Explains His Investment Strategy Why China and Vietnam are Not in His Portfolio According to Fergus Argyle, the founder of EFG New Capital, he has consciously decided not to include China and Vietnam in his emerging markets fund. Instead, he prefers to focus on markets such as Mexico and…
What’s the Deal with Crocs? A Class Action Securities Lawsuit January 30, 2025 – New York Levi & Korsinsky, LLP notifies investors in Crocs, Inc. (“Crocs” or the “Company”) (NASDAQ: CROX) of a class action securities lawsuit. So, what’s the buzz about Crocs? As if the notorious foam clogs weren’t controversial enough with their fans…
Mesoblast Limited Announces Convertible Note Subscription Agreement New York, Sept. 29, 2024 (GLOBE NEWSWIRE) Mesoblast Limited, a global leader in allogeneic cellular medicines for inflammatory diseases, has recently entered into a convertible note subscription agreement with its largest shareholder, Gregory George. Under this agreement, Mesoblast has the option to issue up to US$50.0 million in…
