Author: Charlotte

WASHINGTON (AP) — U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices hover near record levels. The Conference Board’s consumer confidence index slipped 0.7 points to 93.1 in May, the first decline after three months of gains. The measure hasn’t fallen as much this year as other gauges of consumer attitudes, but it has been stuck at a low level since the pandemic. Before COVID-19, it regularly reached 130. A separate gauge of consumer sentiment released last week by the University of Michigan fell to a…

Trident Resources Corp. Vancouver, BC, May 27, 2026 (GLOBE NEWSWIRE) — Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) (Frankfurt: 6BP0) (“Trident” or the “Company”) is pleased to announce assay results for 8 (eight) diamond drill holes from the 2026 winter drill program at the Contact Lake Gold Project in northern Saskatchewan. All eight holes reported herein were collared on the ice at Contact Lake to target gold mineralization in the BK3 Zone, an area that hosts broad mineralized intervals with well-developed, high-grade gold cores several hundred metres to the east-northeast of the previous mine workings. Contact Lake Gold Property Map:http://www.tridentresourcescorp.com/_resources/maps/contact-lake-property-map.jpg Highlights:…

AFFIN Bank Bhd (KL:AFFIN), which recently re-entered the asset management space through the acquisition of Pheim Asset Management Sdn Bhd, is now eyeing a move into private equity (PE) as it seeks to broaden its range of services and diversify its income streams. “We are looking at going into PE. Bank Negara Malaysia has given us its approval and we are in the midst of applying to the Securities Commission Malaysia for a PE licence,” president and group CEO Datuk Wan Razly Abdullah Wan Ali tells The Edge on the sidelines of the Affin Market Outlook Conference last Tuesday (May…

The crypto market is currently transitioning into a new paradigm of structure; moving away from speculative digital assets & giving emphasis to projects that provide strong technological use. The most recent CoinMarketCap data indicates a multi-day rally predominantly focused on Layer-1 networks, decentralized Artificial Intelligence, real-world assets, and advanced decentralized finance primitives.There have been several high conviction investments outperforming the general market, especially over a one-week period with very high trading volume and institutional accumulation of these assets. Prominent names making waves in this space include Near Protocol (NEAR), Morpho (MORPHO), Hyperliquid (HYPE), Venice Token (VVV), Worldcoin (WLD), and Ondo…

South Korea’s major pension, sovereign wealth and mutual aid funds, which together manage about 2,000 trillion won ($1.3 trillion), are searching for new investment chiefs, setting up a leadership reset at some of the country’s most influential institutional investors. Source link

Korea Post seeks managers for $150 million offshore infrastructure debt mandate KED Global Source link

Bitcoin slid to $75,498 in Asian hours Tuesday, leaving crypto markets out of step with the equity rally that pushed global stocks to record highs overnight.XRP, ether, and Solana were each down as much as 1% in the past day, per CoinDesk data, while Zcash (ZEC) dropped 9% to $564, the biggest single move among the top 15. Hyperliquid (HYPE) bucked the cohort at $59.99, up 1.4% on the day and now sitting just behind Dogecoin on market cap. Tron (TRX) is the quiet performer of the past week, climbing steadily as the rest of the majors held narrow ranges.What…

TradingKey – During the Asian trading session on May 27, Japanese and South Korean stock markets rose significantly in morning trade, driven by an overnight surge in the U.S. semiconductor sector. South Korea’s KOSPI index hit an intraday record high, while the KOSPI 200 futures index jumped more than 5%, triggering a circuit breaker and a five-minute suspension of program trading.[Source: TradingView]As of 11:30 a.m. Tokyo time, the Nikkei 225 Index rose 1.26% to 65,816.62, breaking above the 66,000 level for the first time during intraday trading. South Korea’s KOSPI Index stood at 8,431.23, up over 4.5%, after earlier climbing…

Gold prices reached record highs in early 2026 before shortly retreating, according to Vanguard’s analysis, “Alternatives in a Portfolio: Think Role, Risk and Realism.” Assets such as gold, silver and physical commodities differ from traditional investments in that income or cash flows are not generated, but many are gaining traction among retirees.Interest in physical assets has grown alongside retirees’ desire for inflation protection, according to American Alternative Assets LLC, a precious metals investment firm that released a 2026 guide to including such investments in individual retirement accounts.For more stories like this, sign up for the PLANADVISERdash daily newsletter.  “Retirees…

U.S. government takes direct ownership in D-Wave under CHIPS Act, sparking 54% stock rally. Revenue plunges 81% but bookings explode nearly 2,000%, creating stark contrast. The U.S. government is taking a direct ownership position in D-Wave Quantum, and the market has responded with its most explosive rally in months. The stock closed at $29.40 on Friday, catapulting 13% in a single session and capping a week that saw the euro-denominated shares gain nearly 43% while the US-listed stock surged around 54%. The divergence underscores the currency-adjusted volatility enveloping a company that has become one of the hottest — and most…