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Stock Market

Is Juneteenth a federal holiday? What’s open and closed this week?

What is Juneteenth, America's newest federal holiday?Juneteenth marks the emancipation of enslaved Black Americans. It became a federal holiday in 2021.Juneteenth honors the end to slavery in the United States and became a federal holiday in 2021. Here's what to know about the holiday and what businesses will be open and closed on that day.June 19, 1865 is known as Emancipation Day or Freedom Day when slaves in Galveston Texas learned of their freedom following the President Abraham Lincoln's Emancipation Proclamation and the end of the Civil War.Juneteenth celebrations and...
Currencies

Dollar’s crown is slipping due to rapidly changing US trade policies

The dollar has sunk to its lowest in three years as rapidly changing US trade policy unsettles markets and expectations build for Federal Reserve rate cuts, fuelling outflows from the world’s biggest economy.While the dollar was higher on Friday, lifted by safe haven flows as Israel launched a strike on Iran, it was still set for its biggest weekly drop in a month.It is also down almost 10% against a basket of major currencies this year, leaving other countries grappling with unanticipated FX moves that are having a knock-on impact...
Currencies

Supranext Launches Complementary Currencies in the US to Strengthen Local Economies and Support Small Businesses

Supranext launches complementary currencies in the US to revive local economies and empower small businesses through a stable, three-tiered system of crypto, paper, and coin-based tools. Rome, Italy, June 12, 2025 (GLOBE NEWSWIRE) -- Supranext, a next-generation hybrid financial operator, announces the launch of its three-tiered complementary currency system, comprising a crypto-based token, physical paper vouchers, and metallic coins. The system aims to function alongside national currencies, offering a new form of liquidity to underserved regions and businesses. Supranext"Our goal is to infuse vitality into the parts of the US...
Upcoming Investments

Gatchalian: Cmepa enactment to attract foreign investments

SEN. Sherwin Gatchalian said the enactment of the Capital Markets Efficiency Promotion Act (Cmepa) marks a significant milestone in the country's efforts in enhancing investor confidence and expanding capital markets. Gatchalian, chairman of the Senate Committee on Ways and Means and sponsor of the measure, emphasized that the enactment of Cmepa is critical to building a more competitive and accessible investment environment — one that is aligned with global standards and is expected to encourage greater participation from both domestic and international investors. " This law empowers every Filipino to...
Upcoming Investments

Skye Bioscience to Participate in Upcoming Investment Conferences

SAN DIEGO, May 22, 2025 (GLOBE NEWSWIRE) -- Skye Bioscience, Inc. (Nasdaq: SKYE) ("Skye”), a clinical-stage biotechnology company focused on unlocking new therapeutic pathways for obesity and other metabolic health disorders, today announced that it will participate in the following upcoming healthcare conferences: Investment ConferencesJefferies Global Healthcare Conference (New York)   Presentation Thursday, June 5, 9:20 AM ET + 1x1 meetingsSachs European BioPharma Obesity Innovation Forum   Next Gen Therapeutics Panel + presentation + 1x1 meetings, Wednesday, June 11 Get the latest news delivered to your inbox Sign up for...
Upcoming Investments

Unicycive Therapeutics to Present at Upcoming Investor Conferences

LOS ALTOS, Calif., May 22, 2025 (GLOBE NEWSWIRE) -- Unicycive Therapeutics, Inc. (Nasdaq: UNCY), a clinical-stage biotechnology company developing therapies for patients with kidney disease, today announced that Shalabh Gupta, M.D., Chief Executive Officer will present at two upcoming virtual investment conferences. Event:   Lytham Partners Spring 2025 Investor ConferenceType:   Fireside Chat Date/Time:   Thursday, May 29, 2025, at 12:30 p.m. ETEvent:   Noble Capital Markets 2025 Emerging Growth Virtual Equity Conference Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address,...
Currencies

Asian travelers sensitive to forex shifts, says study

TRAVELERS from the Asia-Pacific region are more conscious of foreign exchange rate fluctuations compared to their Western counterparts, according to a new study by data and services group Mastercard Economics Institute. Its report, "Travel Trends 2025: Purpose-Driven Journeys," analyzed 24 major tourism markets which account for nearly 80 percent of global gross domestic product.Data showed that inbound tourism — particularly among travelers from Asia — tends to slow down when a destination's currency depreciates. "Travelers from Asia tend to be more sensitive to exchange rate shifts, as such movements can...
Upcoming Investments

MANTRA and WIN Investments Join Forces to Bring Real-World Sports Assets Onchain

DUBAI, United Arab Emirates, May 19, 2025 (GLOBE NEWSWIRE) -- MANTRA, the Layer 1 blockchain purpose-built for real-world assets (RWAs), has entered into a strategic partnership with WIN Investments, a fintech platform pioneering regulated sports digital assets. This partnership represents a major step in MANTRA's expansion into the world of sport, aligning with its broader mission to tokenize RWAs with a regulatory-first approach. WIN has built a groundbreaking ecosystem that opens the door for fans and investors to participate in the global football transfer market. Through a regulated framework, WIN...
Upcoming Investments

Purpose Investments Appoints New Sub-Advisor to Purpose Select Equity Fund

TORONTO, May 16, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ("Purpose Investments”), as trustee and manager of Purpose Select Equity Fund (the "Fund”), today announced the appointment of PenderFund Capital Management Ltd. ("Pender”) as the new sub-advisor of the Fund. This change will take effect on or about May 20, 2025. The Fund will continue to be managed by the same portfolio manager, who has recently joined Pender. There will be no changes to the investment objectives or strategies of the Fund. Please consult your advisor and read the simplified...
Upcoming Investments

What you need to know about commercial v residential property investment – The Prosperity Project

“I’m of the opinion that the 30, 40 years of growth might not be as good over the next 20 or 30 years.” Data released by the Ministry of Business, Innovation and Employment in November suggests there are 116,719 private residential landlords in New Zealand, with the vast majority – 76.49% – owning one investment property. O’Neill believes that with fewer people owning their own homes, residential property investment is much more susceptible to political intervention. “There’s going to be more negative long-term taxes or rule changes or restrictions placed...
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