Bitcoin rebounded in Wednesday morning trading in Asia after falling earlier in the week when US regulators filed a lawsuit against Binance, the world’s largest cryptocurrency exchange. All other non-stable cryptocurrencies in the top 10 have gained ground. XRP continued to lead the winners, while Cardano followed. US stocks fell on Tuesday on broader concerns…
Japan +0.49%. Japan Services PPI for February +1.8% (expected +1.7%, before +1.6%). China -0.62% China Jan-Feb Industrial earnings -22.9%y/y (vs. -4.0% previously). hong kong -0.58%. Hong Kong’s inflation rate slowed to 1.7% in February on an annual basis from 2.4% in January and at its slowest pace since May 2022. Australia +0.10%. India +0.32%. On…
Protests erupted across Israel on Sunday evening after Prime Minister Benjamin Netanyahu sacked his Defense Minister Yoav Gallant for calling for a halt to a controversial judicial overhaul, warning it was a threat for national security. The fight against the proposals, which would significantly weaken the powers of the judiciary, has plunged Israel into a…
The decision to delay Britain’s High Speed 2 rail line will bring new costs to the beleaguered project, according to a report by the public spending watchdog, which also calls for plans for London Euston station to be reassessed. The National Audit Office report, published on Monday, illustrates the scale of the challenge facing the…
(Bloomberg) – Global financial markets are poised for another week of volatility as traders close out a dizzying month in which concerns over U.S. and European lenders dominated sentiment and complicated central banks’ fight against the inflation. Bloomberg’s Most Read The Japanese yen and Swiss franc edged higher against the dollar as the trading week…
mario tama Recent strains in the banking system within the banking system that led to the failures of Silicon Valley Bank and Signature Bank will take time to dissipate, said Neel Kashkari, president of the Federal Reserve Bank of Minneapolis. during an interview on CBS’ “Face the Nation” show on Sunday. These tensions will also…
Goldman Sachs, JPMorgan Chase and Fidelity are the biggest winners from investors pouring cash into US money market funds in the past two weeks as the collapse of two US regional banks and the bailout deal Credit Suisse have raised concerns about the security of bank deposits. More than $286 billion has flowed into money…
(Bloomberg) – The Federal Reserve’s preferred measure of underlying price pressures likely remained elevated in February, keeping officials in a precarious position as they seek to balance the resolve to fight inflation and the strains on the banking system. Bloomberg’s Most Read The price index for personal consumption expenditures in the United States, excluding food…
Tommaso Boddi/Getty Images Entertainment Netflix (NASDAQ: NFLX) once again topped the streaming charts, with certain genres proving to be consistent hits: certain adventure dramas and true crime. A New Third Season Of Netflix’s Teen Mystery External banks surpassed Nielsen’s most recent weekly streaming ratings (February 20-26), hitting a solid 3.154 billion minutes streamed during the…
Poland’s prime minister played down fears that the Republican Party would weaken US support for Ukraine, saying skeptical voices were part of a political “poker game” ahead of the 2024 election. Mateusz Morawiecki, a powerful European ally of the Republican Party and frequent guest at US right-wing events, spoke to the Financial Times after Florida…
