Analysis: U.S. IPO Market A Danger Zone for Chinese Firms After Beijing Crackdown
China’s stepped-up scrutiny of overseas listings by its companies and a clampdown on ride-hailing giant Didi Global Inc (DIDI.N) soon after its…
Category: World
Haiti President Assassinated At His Private Residence
President Jovenel Moise of Haiti has been assassinated. According to a statement from the office of Claude Joseph, interim prime…
Investing in Ethereum? What you need to know about it and why it’s not just another bitcoin
As institutional investors become more comfortable with bitcoin, many have also taken an interest in ether, the native currency…
Cramer questions why anyone would buy a Chinese IPO ever again after Didi debacle
CNBC’s Jim Cramer believes Didi Global’s post-IPO debacle may permanently change American investors’ attitudes toward Chinese companies seeking to go public on…
Bank Of England’s Andy Haldane Warns Of Inflation Rises
The Bank of England’s outgoing chief economist has warned that inflation could rise by more than expected and force the…
Bill Cosby Freed After Top Court Overturns Sexual Assault Conviction
US comedian Bill Cosby has left prison hours after his sexual assault conviction was overturned by Pennsylvania’s Supreme Court.
A Top European Drone Maker Fears It May Get Blacklisted By China Amid Geopolitical Tensions
The boss of French drone maker Parrot believes that China could blacklist his company in the same way that the…
Windows 11 Will Look Different From What You’re Used To — Here Are Some Of The Biggest Changes
With Windows 11, Microsoft is introducing modern touches to the experience of using a PC. Most noticeably, a new design is meant…
Bitcoin Will Plunge To $25,000, Says JPMorgan
JPMorgan Chase’s analysts have said that bitcoin price will decline to the $25,000 level before longer momentum will signal capitulation.…
Dollar Set For Best Month Since March, Payrolls Test Looms
The dollar was heading for its biggest monthly rise since March on Wednesday, supported by traders’ trepidation ahead of unpredictable…
India Sees Return To Normal Oil Demand By Year-End
India expects fuel demand to get back to pre-virus levels by the end of 2021 as the world’s third-biggest oil…
China’s Digital Yuan Is Key Risk For Euro, ECB’s Villeroy Says
China’s rapid progress in developing a digital yuan poses a key risk in preserving the euro’s international role, said European…
UPDATE 1-Sterling Transactions Blocked On Crypto Exchange Binance, Users Say
Customers of the Binance cryptocurrency exchange said on Tuesday they were unable to deposit or withdraw sterling from the platform,…
Monetary Sovereignty At Risk In Push For Digital Euro – French Central Banker
Europe’s sovereign control over its money is at risk if it does not push ahead with plans for a digital…
Canadian Dollar Hits 1-Week Low As Delta Variant Hits Sentiment
The Canadian dollar weakened on Tuesday for a second day against its broadly stronger U.S. counterpart as new coronavirus outbreaks…
U.K. Economy Grew More Than Estimated Before Pandemic Struck
The U.K. economy grew more strongly than previously thought in the year prior to the coronavirus pandemic, data published Monday…
Banks Must Guarantee Access To Cash For Everyone, Says Age UK
Banks must move swiftly to guarantee access to money for everyone as the cash system in part of the UK…
New £50 Note Enters Circulation: Why Alan Turing Is On It And When Do Old Banknotes Expire?
The new £50 note featuring mathematician, code-breaker and computer scientist Alan Turing has launched today – the final bank note…
Big Oil CEOs Join Traders, Banks In Predicting Higher Oil Prices
The bosses of some of the world’s biggest oil companies said crude prices are likely to keep rising because a…
Apple Warns Of The Perils Of Installing Rogue Apps Ahead Of Antitrust Debate In Congress
Apple argued Wednesday that allowing iPhone users to install software from outside its App Store — a practice called sideloading —…
U.S. Dollar Faces Volatile Week As Fed Policy Makers Line Up To Speak
The dollar faces a week of volatile trade as a slew of Federal Reserve speakers and U.S. inflation data test…
Emirates Suspends Nigeria Passenger Flights Until Further Notice
Dubai’s flagship carrier Emirates has announced a suspension of flights to and from Nigeria from June 21, 2021. “In line…
China’s PBOC Orders Alipay, Banks Not To Assist Crypto Business
China said Monday it had ordered domestic banks and Ant Group Co. payment platform Alipay not to provide services linked…
Nigeria May Earn N462bn From EMT Levy In 2021 – World Bank
The World Bank has said Nigeria is likely to make N462bn the electronic money transfer levy as a source of…
Remittances To The Rescue
A period of crisis like the COVID-19 pandemic is not the best time for countries to expect diaspora remittances. Although…
Bitcoin Tumbles 10% In Wake Of Deepening China Crackdown
Bitcoin tumbled almost 10% on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with…
Emerging-Market Bulls Pin Currency Hopes On Hawks Outpacing Fed
Emerging-market currencies hit by a hawkish Federal Reserve could soon regain their record run against the dollar on expectations that…
Bank Of Canada To Break Sequence Of Lower Terminal Rates As Governments Splurge
With fiscal spending booming and households flush with cash, investors are betting that the Bank of Canada’s next tightening cycle,…
Proposed Introduction Of Digital Currency Excites Nigerians
The undoubted groundswell of support for the introduction of digital currency by the Central Bank of Nigeria (CBN) after many…
Coinbase-backed Crypto Trading Firm Hits $1 Billion Valuation After Fresh Funding
Amber Group, a cryptocurrency financial services firm, has raised $100 million as investors rush to back companies in the industry.…