Category: 6. Business
-
Gold Prices Rally as Rate Cut Bets Strengthen
Gold prices extended their gains on Thursday, October 10th, as investors increased their bets on a potential interest rate cut by the Federal Reserve in November. The rally was fueled by the latest U.S. economic data, which showed a slight… Continue Reading
-
How Geopolitical Tension Changes Gold Investment: A Retirement Advantage
The gold bull run that began in early 2022 came right after an especially intense cycle of interest rate hikes, with the Federal Reserve raising the benchmark federal funds rate 11 times in 2022 and 2023, to 23-year highs.[1] Gold rose… Continue Reading
-
Rafael to unveil new battlefield air defense solution
At the AUSA (Association of the United States Army) annual meeting and exposition due to begin on Monday, Israeli state-owned defense company Rafael Advanced Defense Systems will unveil unmanned air defense systems designed to… Continue Reading
-
Menora Mivtachim bids again for Isracard
What is the right price tag for Isracard (TASE: ISCD)? The listed credit card company had a market cap before this morning’s opening of NIS 2.75 billion. Yesterday, insurance company Menora Mivtachim (TASE: MMHD) made an offer to… Continue Reading
-
"Investment opportunities in private assets are huge"
Phoenix chief investment officer Hagai Schreiber told the Globes Alternative Investment Conference about the advantages of private assets. Continue Reading
-
Hamas war takes toll on Israeli economy as Israel delays 2025 budget
The government will debate a proposal for the 2025 budget on October 31, a spokesperson for Finance Minister Bezalel Smotrich, said earlier this week. This delay could mean that the budget is not passed by the end of 2024, the spokesperson… Continue Reading
-
Apollo exec: More investors get access to excess returns
In an era of high interest rates, Israel’s banks are recording incredible profits. Many investors would like a piece of the credit provision pie, rather than purchasing shares or bonds in the public market. To this end, large… Continue Reading
-
Israel’s fiscal deficit widens for 18th consecutive month
Israel’s fiscal deficit has risen again for the eghteenth successive month, after reaching zero in March 2023. The deficit for the twelve months to the end of September this year was 8.5% of GDP, or NIS 165.8 billion, Ministry of… Continue Reading
-
National Bank of Poland Surges Gold Reserves by 22 Tonnes
The National Bank of Poland (NBP) has confirmed that its gold reserves surged by a substantial 22 tonnes in September. This significant addition brings the NBP’s total gold holdings to 420 tonnes, representing 16% of its overall reserves.
-
What Are Realistic Upside Targets for the Price of Gold?
Peter Schiff, a well-known investor and respected voice in the financial world, has recently claimed that gold could surge by 20 to 50 times its current price. For starters, Schiff accurately predicted the 2008 financial crash and was… Continue Reading
