Japan’s corporate service prices, which reflect the prices that companies charge each other for services, rose 1.5% in November from a year earlier, the fastest...
Silvergate Capital recovers from crypto meltdown and repays all depositors
Silvergate Capital, a bank that specialized in serving the crypto industry, has announced that it has fully repaid all its deposit liabilities after shutting down...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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...