Markets
By Rishav Chatterjee (Reuters) – Short bets on most Asian currencies eased marginally but remained firmly in the bearish territory, a Reuters poll found on Thursday, as diminishing hopes of an early U.S. interest rate cut kept the dollar buoyant and market volatility in regional powerhouse China dampened investor confidence.…
Last updated: April 2, 2024 06:02 EDT | 2 min read Cryptocurrencies have sparked a global debate on the future of financial transactions, with a particular focus on their integration into daily payments. The Swiss city of Lugano stands as a pioneering example of how cryptocurrencies can be woven into the…
By Stephen Nellis and Dawn Chmielewski (Reuters) -Apple’s Vision Pro could upend how people watch television at home and how they use computers at work, potentially positioning the headset to be a successor to both traditional television and the Mac. The $3,500 headset, which blends three-dimensional digital content with a…
WASHINGTON (Reuters) – The U.S. House of Representatives will vote next month on a measure to overturn the Biden administration’s moratorium on approvals of new liquefied exports, Bloomberg reported, citing a Republican lawmaker. The measure will be voted on the week after next, the report said, citing Representative Cathy McMorris…
By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data on unemployment benefits again pointed to a resilient U.S. labor market, reinforcing the Federal Reserve’s message that interest rates are unlikely to be cut in the near term. The number of Americans filing new…
Last updated: April 1, 2024 05:43 EDT | 2 min read Binance CEO Richard Teng has reportedly made a secret visit to South Korea in an effort to directly engage with domestic financial authorities and find a resolution to the hurdles facing the company’s entry into the Korean market.According to a recent…
(This Feb. 2 story has been corrected to remove the word ‘Chinese’ from paragraph 9) By Abhirup Roy SAN FRANCISCO (Reuters) – Completely driverless vehicles traveled nearly 3.3 million miles in California last year, over five times the previous year’s total, even as concerns rose in the wake of a…
Investing.com– Gold prices rose on Thursday and were undeterred by the Federal Reserve stating that it will likely keep interest rates higher for longer, while safe-haven buying amid an ongoing conflict in the Middle East also aided the yellow metal. The Fed’s comments spurred a sharp reversal in risk-driven markets,…
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar eased on Friday as it headed for a fourth week of gains while traders reduced their bets on how quickly the Bank of Japan might raise interest rates and how soon the Federal Reserve will cut them. Traders shrugged…
Last updated: March 31, 2024 05:34 EDT | 2 min read Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has submitted a motion to dismiss all three charges against him, claiming that he did not operate a money laundering business and did not violate the International Emergency Economic Powers…