Last News

The post-ETF euphoria that characterized the crypto world is subsiding. Bitcoin's recent fall continues, sinking to its lowest point since early December. As of Tuesday, the cryptocurrency was hovering around $38,767.10, marking the first instance of it dipping below $40,000 this ...

Japanese consumer inflation slowed in December for the second consecutive month, reaching 2.3%. This marked a decrease from the previous month's 2.5% figure, aligning with market expectations. The year-long cooling trend has seen inflation fall significantly from its 4.2% peak in ...

In 2023, China's economy expanded by 5.2%, aligning with the government's target, despite facing many challenges. The growth, mirroring the same rate in the last quarter compared to the previous year, was described by the National Bureau of Statistics as ...

In a tumultuous start to the year, shares of airline companies have felt the impact of several concurrent factors. The NYSE Arca Airline Index has plummeted 15%, significantly lagging behind the S&P 500's modest 0.6% decline.Boeing's woes have sent a ...

The International Monetary Fund (IMF) chief, Kristalina Georgieva, warned of the potential risks of artificial intelligence (AI) to job security but emphasized the "tremendous opportunity" it offers to boost global productivity.According to the IMF, AI could affect 60% of jobs ...

Boeing's stock experienced a significant drop following a report that cast doubts on the company's ability to clear a new federal safety audit. The concerns come in the wake of a recent incident involving an Alaska Airlines 737 Max 9, ...

Microsoft has reclaimed its position as the most valuable publicly traded company in the world, surpassing Apple, a title it had not held for most of the past decade. At the close of the market on Friday, Microsoft's stock price stood ...

Bitcoin climbed in frantic trading Thursday after the Securities and Exchange Commission (SEC) conditionally approved the first-ever spot Bitcoin ETFs to trade in the U.S., as expected.The cryptocurrency was last up 1% at $46,289.15. Earlier, it pushed above $49,000, reaching ...

In a groundbreaking decision, the U.S. Securities and Exchange Commission (SEC) has approved the establishment of bitcoin exchange-traded funds (ETFs) in the United States. This move, announced on Wednesday, is expected to revolutionize investor access to the dynamic and often volatile ...

Amid a challenging global fintech funding environment, the United Arab Emirates (UAE) emerged strongly, registering a remarkable 92% surge in total investment during 2023. This stands in stark contrast to the global downturn, where fintech investments plummeted by 48% year-over-year ...

Asia-Pacific markets mostly rose this week, rebounding from a sell-off in the previous session, with the Nikkei 225 hitting a 33-year high on the back of gains in tech stocks. The index scaled an intraday peak of 33,969.17, its highest ...

The U.S. economy added 216,000 jobs in December 2023, exceeding expectations and bolstering confidence in the economy's path. The figure significantly surpassed market forecasts, which anticipated 170,000 new jobs, as the Bureau of Labor Statistics reported. Moreover, the unemployment rate ...

The stock market's journey in 2024 began with turbulence, wiping away some of the gains achieved during the year-end rally. The S&P 500 index lost 1.4%, while the Nasdaq Composite and the Dow Jones Industrial Average dropped 2.8% and 0.7%, ...

Huawei, which endured years of decline due to geopolitical strife and US sanctions, saw its revenue soar in 2023, nearly reaching $100 billion. This marks a 9% increase from the $92.4 billion recorded in 2022 but still falls short of ...

The Chinese automaker BYD has surpassed Tesla as the world's largest electric car manufacturer by sales. In the final quarter of 2023, BYD delivered a record 525,409 battery electric vehicles (BEVs), while Tesla delivered 484,507. Despite Tesla still leading in overall ...