Oil Steadies, Stocks Gain as Iran Tensions Ease: Markets Wrap
Global markets showed signs of stability and oil prices declined as traders wagered tensions in the Middle East won’t escalate…
Analysis-Dollar’s rally supercharged by diverging US rate outlook
A rally in the U.S. dollar is accelerating, as stubborn inflation sows doubts over how aggressively the Federal Reserve will…
Bitcoin Stable Near $71K as GBTC Outflows Pick Back Up
GBTC outflows are once again negative, with $124.9 million flowing out of the trust-turned-ETF. However, the price of bitcoin remains…
Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO
The owner of Thai crypto exchange Bitkub Online, which plans to sell shares to the public next year, could be…
Analyst revamps Nvidia stock price target as Mag 7 earnings loom
Nvidia (NVDA) shares nudged higher Tuesday, following on from the lowest closing level for the AI-chip maker in more than…
Apple Urged to Speak Out on Vietnam’s Jailed Climate Activists
Apple Inc. has been urged by more than 60 human rights and environmental organizations to publicly oppose the detention of…
FOREX-Dollar firms, yen fragile as Fed cut wagers crumble
The dollar was firm on Thursday after hotter-than-expected U.S. inflation data squashed lingering expectations of the Fed starting its rate-cutting…
Tesla Scraps Plans for Low-Cost Model Amid Competition in China
A Tesla founder and former chief executive said on Tuesday it was a “shame” to hear that the automaker was…
Oil holds near five-month high as traders focus on Middle East
Oil traded near a five-month high as investors weighed simmering tensions in the Middle East and persistent supply concerns. Brent…
Toyota tightens oversight over scandal-hit small car unit Daihatsu
Japan’s Daihatsu Motor said on Monday it will streamline the way it reports on development and certification to its parent…