Investing.com– Most Asian currencies kept to a tight range on Tuesday, but saw some relief as the dollar was hit with profit-taking before key inflation data that is set to offer more cues on interest rate cuts this year. Regional currencies marked a weak start to the year as markets…

Last updated: January 24, 2024 00:19 EST | 2 min read Source: DALL·E 3 Former CIA contractor and whistleblower Edward Snowden on Tuesday called for financial aid to support Tornado Cash founder Roman Storm’s legal defense.Storm and his co-founder Semenov were arrested in Aug. 2023 for alleged sanctions violations in…

Gold futures rallied Friday, prompting prices to end slightly higher for the week, as U.S. and U.K. airstrikes in Yemen, in response to Houthi rebel attacks on ships in the Red Sea, raised the precious metal’s appeal as a safe-haven investment. The U.S.-U.K. strikes on Yemen “clearly raise the threat…

© Reuters. Midday movers: Tesla, Coinbase, Fisker, and more Investing.com – Main U.S. indexes declined on the final trading day of 2023, pulling back from recent highs. Megacap tech ended the year on a sour note but was among the best performing groups overall this year. Here are some of…

By Timothy Gardner WASHINGTON (Reuters) -The U.S. proposed rules on Friday for how energy companies can access billions of dollars in tax credits for producing low-carbon hydrogen using new clean energy sources but left thorny issues, such as how nuclear power could benefit, uncertain. The credit will be based on…

Investing.com – The U.S. dollar rose in early European trade Tuesday, rebounding after slipping from its 3-week high overnight, while weak German economic data weighed on the euro. At 03:45 ET (08:45 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher…

Last updated: January 22, 2024 23:22 EST | 2 min read Source: AdobeStock/monticellllo Coinbase has criticized the US Treasury’s proposed rulemaking on cryptocurrency mixing, stating that it fails to effectively address regulatory gaps while placing unnecessary burdens on crypto platforms.In a comment submitted to the Treasury Department’s Financial Crimes Enforcement…

One of the bond market’s most widely followed gauges of impending U.S. recessions finished at its least-negative level in two months on Friday, after December’s producer prices data buttressed expectations for a continued drop in inflation. The 2-year yield BX:TMUBMUSD02Y fell 12.2 basis points to 4.136% in New York trading,…

© Reuters. XPeng (XPEV) expands XNGP in China market Chinese electric vehicle maker, XPeng (NYSE:) announced Friday that the company has successfully rolled out its XNGP Advanced Driver Assistance System (ADAS) for customers in 27 more cities. expansion includes prominent cities such as Tianjin, Chengdu, Xi’an, Wuhan, and Changsha. “The…

By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) – At least two ships transporting oil or oil products between the U.S. Gulf Coast and India on Friday were re-routing from the Red Sea, according to vessel tracking data, as a U.S.-led coalition geared up to help safeguard vessels from attacks…