Cryptocurrency Market Now Worth $2trn
The cryptocurrency market has grown exponentially in 2021 and is now worth a staggering $2.0 trillion as it increasingly attracts…
Category: World
Biden Warns ‘No Justification’ For Violent Protest After ‘Tragic’ Police Shooting
US President Joe Biden on Monday called the shooting of a Black motorist by police “tragic” but warned that violent…
Bitcoin Hits New All-Time High Above 63.1K
The price of bitcoin set a new all-time high Tuesday morning, the day before U.S.-based cryptocurrency exchange Coinbase’s highly anticipated…
Credit Suisse To Pay Out Another $1.7 Billion Of Greensill-Linked Fund Assets
Credit Suisse has made further progress in winding down funds connected with Greensill Capital and is able to distribute another…
Fed Looks Poised To Step Up Buying In Belly Of Treasuries Curve
The Treasury market’s weight has shifted around in the past year, meaning the Federal Reserve’s $80 billion monthly purchases no…
Grab To Unveil World’s Biggest SPAC Merger, Valued At Nearly $40 Billion: Sources
Southeast Asia’s biggest ride-hailing and food delivery firm Grab Holdings will announce as early as Tuesday a merger with U.S.-based…
Software Maker UiPath Aims For Nearly $26 Billion Valuation In U.S. IPO
Robotic process automation startup UiPath Inc is targeting a valuation of nearly $26 billion in its U.S. initial public offering…
Ex-Banker Guillermo Lasso Elected Ecuador President
Former banker Guillermo Lasso won Ecuador’s presidential election Sunday, pledging “opportunities and prosperity” despite a pandemic-battered and debt-laden economy and…
White House To Zero In On Chip Shortage In Meeting With Company Officials
Senior White House officials will meet on Monday with top executives from nearly 20 major companies to discuss a global…
Smartphone Shipments In China In March Increase 67.7%: CAICT
Shipments of smartphones within China increased 67.7% year-on-year to 35.5 million handsets in March, the China Academy of Information and…
Huawei To Reduce Reliance On Advanced Process Techniques
Chinese telecoms equipment maker Huawei Technologies will invest more in businesses that are less reliant on advanced process techniques, it…
No One Cares’: Lebanon’s Financial Crisis And Domestic Workers
abrina, a Bangladeshi domestic worker, is barely 127cm (4 feet 2 inches) tall and extremely thin. Her shoulder blades protruded…
Prince Harry Arrives Back In The UK For Prince Philip Funeral
Prince Harry, whose explosive interview alongside his wife Meghan plunged the royal family into its biggest crisis in decades, has…
Mitsubishi Motors To Cut Output In Japan And Thailand Due To Chip Shortage
Mitsubishi Motors Corp will cut production by a combined 7,500 vehicles at three plants in Japan and Thailand in April,…
South Korean PM Arrives In Iran To Help Try To Revive Nuclear Deal
South Korean Prime Minister Chung Sye-kyun arrived in Iran on Sunday to help try to restore a 2015 nuclear deal…
Fed’s Powell: U.S. Economy At An ‘Inflection Point’ – CBS ’60 Minutes’
The U.S. economy is at an “inflection point” with expectations that growth and hiring will pick up speed in the…
HSBC And Huawei CFO Reach Agreement On Document Publication Linked To Extradition Case
HSBC and Huawei Technologies’ Chief Financial Officer Meng Wanzhou have reached an agreement in a dispute about the publication of…
Commodities Trader Trafigura Launches Carbon Trading Desk
Trafigura has begun launching a carbon trading desk led by Hannah Hauman, the global commodities trading firm said on Friday,…
Will Corporate Earnings Be Strong Enough To Justify The Record Stocks Rally?
The Dow and S&P 500 are at record highs thanks to Wall Street optimism about Covid-19 vaccines, federal government stimulus, a rebounding global economy and a…
Shares In SK Innovation Surge After Settlement With Rival Brightens U.S. Prospects
Shares in South Korean auto battery maker SK Innovation Co Ltd soared on Monday after it buried the hatchet with…
Big U.S. Treasury Auctions Could Restart Rise In Yields
U.S. Treasury auctions offering $271 billion of new debt and a key inflation report this week could end a recent…
China’s Exports, Imports Seen Staying Buoyant In March
Improved global demand and a favorable base effect are likely to have kept China’s exports buoyant in March, while higher…
Dollar Pinned Down By Lower U.S. Yields; Inflation Data In Focus
The dollar languished near 2-1/2-week lows against major peers on Monday as a decline in Treasury yields restrained the U.S.…
Chinese Tech Start-Ups Pull IPO Plans As Beijing Tightens Scrutiny
A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style markets at home with some eyeing…
Alibaba Says Does Not Expect Material Impact From Antitrust Fine, Shares Rally
China’s Alibaba does not expect any material impact from changes to its exclusivity arrangements with merchants, CEO Daniel Zhang said…
Asia Shares Anxious For Earnings Season, U.S. Data Deluge
Asian shares faltered on Monday as anxious investors wait to see if U.S. earnings can justify sky-high valuations, while a…
Grammy-Nominated Rapper DMX dead At Age 50
DMX has died after suffering a heart attack at his home on April 2 that left him in a coma…
Sterling Falls, Set For Biggest Weekly Loss Since 2020
Sterling fell on Friday, touching a two-month low against the dollar in early London trading, and was set for its…
Digital Pound Would Boost Post-Brexit City Of London, Think-Tank Says
A digital pound must be at the heart of Britain’s efforts to strengthen the City of London’s global attraction as…
France’s Macron Announces End Of Elite ENA College
Emmanuel Macron announced Thursday plans to scrap France’s elite ENA graduate school, which four modern presidents have attended including him,…