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Category: Business

By Rian LordIn News, BusinessPosted November 23, 2023

SEC Commissioner Hester Peirce Urges Approval of Bitcoin ETF

Hester Peirce, one of the five commissioners of the U.S. Securities and Exchange Commission (SEC), has expressed her frustration over the regulator’s repeated rejections of...

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By Rian LordIn News, BusinessPosted November 23, 2023

DeGods DUST Token Rallies on Weird, Totally Unsubstantiated GTA Rumors

DeGods is a popular NFT collection on the Solana blockchain, featuring 10,000 unique digital characters with different attributes and traits. DeGods holders can stake their...

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By Rian LordIn News, BusinessPosted November 23, 2023

BlackRock Meets With SEC to Discuss Bitcoin ETFs

BlackRock, the world’s largest asset manager, has met with the US Securities and Exchange Commission (SEC) to discuss its plans to launch bitcoin exchange-traded funds...

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By Rian LordIn News, BusinessPosted November 23, 2023

Netflix Director Turns $4M into $27M by Investing in Dogecoin

A director working for Netflix reportedly made a fortune by investing $4 million of the company’s budget into Dogecoin, the meme-inspired cryptocurrency. According to a...

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By Rian LordIn News, BusinessPosted November 23, 2023

Binance Faces Uncertain Future After DOJ Settlement, Departure of Changpeng Zhao

Binance, the world’s largest cryptocurrency exchange by trading volume, has reached a landmark settlement with the U.S. Department of Justice (DOJ) for violating anti-money laundering...

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By Rian LordIn News, BusinessPosted November 21, 2023

Indonesia’s EV Challenge: How to Achieve Its Ambitious Goals

Indonesia, the largest economy in Southeast Asia, has set an ambitious target to become a global hub for electric vehicle (EV) production and adoption. The...

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By Rian LordIn News, BusinessPosted November 20, 2023

Future Lifestyle Fashions receives two bids for insolvency resolution

Future Lifestyle Fashions Ltd (FLFL), a part of the debt-ridden Future Group, has received two resolution plans from potential bidders for its insolvency process, according...

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By Rian LordIn News, BusinessPosted November 16, 2023

Stocks end modestly higher on soft landing optimism

The US stock market ended slightly higher on Monday, as investors weighed the prospects of a soft landing for the economy amid easing inflation pressures...

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By Rian LordIn News, BusinessPosted November 16, 2023

Global markets fall as inflation fears and supply chain woes persist

Global stock markets declined on Wednesday as investors remained worried about rising inflation and supply chain disruptions amid the ongoing pandemic. The US Federal Reserve...

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By Rian LordIn News, BusinessPosted November 16, 2023

Russian Economy Grows for Second Consecutive Quarter Despite Sanctions and Inflation

Russia’s economy grew for a second consecutive quarter despite high inflation and Western sanctions that have weakened the ruble, official data showed Wednesday. The economy expanded...

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By Rian LordIn News, BusinessPosted November 16, 2023

Qianhai: China’s fading dream of a global financial hub

Qianhai, a special economic zone in Shenzhen, was once hailed as China’s gateway to the global financial market and a symbol of its economic miracle....

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By Rian LordIn News, BusinessPosted November 16, 2023

Stocks rally on subdued inflation data, Fed signals no rate hike

The U.S. stock market ended higher on Wednesday, extending its rally from the previous session, as investors welcomed another round of subdued inflation data and...

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By Rian LordIn News, BusinessPosted November 16, 2023

Brick-and-mortar merchants face challenges as retail sales slow down

The retail sector in the US has been hit by a slowdown in sales growth, as consumers face higher prices, supply chain disruptions, and uncertainty...

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By Rian LordIn News, BusinessPosted November 16, 2023

Australian economy adds twice as many jobs as expected as unemployment rate rises to 3.7%

The Australian economy created 64,900 new jobs in October, more than double the market expectations, as the labour market continued to recover from the impact...

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By Rian LordIn News, BusinessPosted November 15, 2023

Apple faces setback in EU court over €14.3bn Irish tax case

The European Union’s top court has dealt a blow to Apple’s hopes of overturning a €14.3bn tax bill in Ireland, as an adviser to the...

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By Rian LordIn News, BusinessPosted November 14, 2023

Zelle to refund customers who fell victim to imposter scams

Zelle, a popular payment app owned by seven major U.S. banks, has announced that it will refund customers who lost money to imposter scams, a...

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