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Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
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Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.MarketWatch - Business -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
16-year-old youngest to make Tour cut in 11 years
Kris Kim, a 16-year-old English amateur playing on a sponsor exemption at the CJ Cup Byron Nelson, became the youngest player in 11 years to make the cut in a PGA Tour event.ESPN - Sports -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Kris Kim, 16, becomes youngest golfer to make PGA Tour cut in 11 years
Kim makes crucial birdie at last in CJ Cup Byron NelsonEnglish teenager is son of former LGPA player Ji-Hyuh SuhEnglish teenager Kris Kim became the youngest player to make the cut on the PGA Tour in 11 years after a birdie at the last saw him get ...The Guardian - World - Golf -
Gold is overvalued now and won’t help you beat inflation in coming years
New research sees gold lagging U.S. inflation by more than 7% a year over the next decade.MarketWatch - Business -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Bank holiday weather: Will it be warm or wet?
It's been warming up this week but could rain spoil your plans for the long weekend?BBC News - Top stories -
Shares of Puig jumped above their listing price on their trading debut in Spain after the world's biggest IPO so far this year.
Shares of Puig jumped above their listing price on their trading debut in Spain after the world’s biggest IPO so far this year.The Wall Street Journal - World -
Braves vs. Dodgers series: What to know as MLB's two highest-scoring teams square off this weekend
This is the first meeting of 2024 between these two NL powerhousesCBS Sports - Sports - MLB
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