Browsing Category
World
Crypto Firms Failing To Meet FCA’s Money Laundering Regulations
The U.K. markets regulator says significant numbers of crypto firms are withdrawing applications to register with…
Dollar Ticks Up Ahead Of U.S. Payrolls
The U.S. dollar rose on Thursday as traders awaited a batch of U.S. economic data that could set the tone at…
These are the next Reddit stocks to watch, according to Bank of America
The meme-stock frenzy is as crazy as ever, and Bank of America is flagging the new stocks getting attention…
Ford to expand profitable truck lineup with new small Maverick pickup
DETROIT — Ford Motor will expand its highly profitable truck lineup with a new small pickup called Maverick,…
Elon Musk tweets again, sending shares of ‘Baby Shark’ investor soaring
Shares of Samsung Publishing, a major shareholder in the producer of “Baby Shark,” soared on Wednesday after a…
Russia’s top digital bank wants to offer crypto — but tough central bank policy…
Tinkoff, the biggest online bank in Russia, wants to offer cryptocurrency trading to its clients but says this…
United Airlines will buy 15 ultrafast airplanes from start-up Boom Supersonic
United Airlines is planning to turn the friendly skies into the ultrafast skies with the addition of supersonic…
Russia Says It Will Remove Dollar Assets From Its Wealth Fund
Russia is cutting the U.S. dollar from its $186 billion National Wealth Fund as Washington continues to impose…
China Rushes To Pull Back The Yuan From A Three-Year High
China is trying to rein in the yuan as it surges to three-year highs against the U.S. dollar.
A stronger yuan…
Facebook Announces New Tools To Make It Easier For Businesses And Consumers To…
Facebook on Wednesday announced a number of new developer tools, including several messaging features for…
Microsoft to unveil new version of Windows on June 24
Microsoft said Wednesday it will unveil “the next generation of Windows” on June 24. The move comes a week after…
AMC rally continues as shares jump in after-hours trading
The AMC Entertainment buying frenzy continued as shares of the movie theater chain jumped in extended trading on…
Tesla faces pressure as EV competition heats up, ex-Ford CEO says
Elon Musk brought electric vehicles into the mainstream with Tesla. Now the EV company is grappling with the…
Lira Craters To Record Low After Erdogan Orders Central Bank To Slow Inflation By…
By now, even the shoeshine boy knows that central banks are one-print trick pony farcical joke, one which is…
Bitcoin May Yet See ‘Breakthrough,’ Norway Finance Minister Says
The finance minister of Norway appeared to break away from the chorus of Bitcoin critics and suggested that…
UK’s Post-Study Work Visa Targets Graduates From Nigeria, Others
Under the post-study work visa rules by the United Kingdom government, Nigerians and nationals from other countries…
China Digs Deep Into Its Currency Toolkit To Manage Yuan
As China’s central bank pulls back from direct intervention in its currency market, officials are reverting to old…
The Dollar Snaps Back
Overview: The US dollar is enjoying broad, even if not large, gains today following yesterday's recovery from…
Bitcoin Unlikely To Dodge Regulation For Long, Sweden Says
Bitcoin and other cryptocurrencies are unlikely to escape regulatory oversight as supervisory authorities respond…
Analysis-China’s Banks Are Bursting With Dollars, And That’s A Worry
A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency and…
Bank Of England Expresses Unease About Jump In Housing Prices
The Bank of England indicated unease about the U.K. housing market after Nationwide Building Society said prices…
Dollar Set For Second Consecutive Monthly Loss Vs Euro And Pound
The dollar came under pressure on Monday and was heading for its second consecutive monthly loss against the euro…
Pound Touches Three-Year High Against The Dollar
The pound reached to a three-year high against the dollar on Tuesday, boosted by thin trade that gave…
Dollar Gets Respite As U.S. Manufacturing Picks Up, Jobs Report Awaited
The dollar clung to small overnight gains on Wednesday, edging back from near a five-month trough versus major…
China Yuan Assets Not A ‘Bargaining Chip’ For Gamblers, Xinhua Warns
Chinese yuan-denominated assets are not a “bargaining chip” for gamblers, the official Xinhua news agency said in a…
Sterling Hits Fresh 3-Year High As Investors Bet On UK Recovery, House Price…
The pound edged lower on Tuesday after touching a fresh three-year high versus the dollar amid expectations for a…
Australia Central Bank Holds Rates As Economy Bolts Ahead, A$ Slips
Australia’s central bank left its cash rate at record lows on Tuesday and reiterated its lower-for-longer policy…
Canada FX Debt-C$ Heads For Monthly Gain As Current Account Swings To Surplus
The Canadian dollar edged lower
against its U.S. counterpart on Monday, but was on track to
notch its fourth…
China C.Bank Says To Raise FX Reserve Requirements
China’s central bank said on Monday that it will raise the FX reserve requirement ratio for financial institutions…
Yuan Stabilises After New FX Requirements, Corp Clients Told To Hedge
China's yuan clawed back
earlier losses on Tuesday taken after authorities ordered banks
to increase…