Asian markets opened the week on a cautious note, as stronger-than-expected US payroll data dampened hopes for early Federal Reserve rate cuts. The robust labour market report pushed bond yields higher, raising concerns over equity valuations and adding pressure to regional indices. Hong Kong, China markets take a hit Hong…
As blockchain innovation continues to dominate headlines, iDEGEN, the AI-driven cryptocurrency, has emerged as a standout player. Designed to thrive on the chaotic and unfiltered content of Crypto X (formerly Twitter), iDEGEN has captivated traders with its unconventional strategy. Despite its tumultuous relationship with platforms like X, including multiple bans…
FC Barcelona has tapped blockchain to improve fan engagement with benefits such as NFT incentives, crypto rewards, education, and job opportunities. Though announced in December last year via LinkedIn, the collaboration between Cardano and Barcelona gained traction over the weekend with increased conversations by Crypto Twitter (the crypto community on…
Shuttered mines and rising sales of electric vehicles in China are expected to keep lithium prices stable in 2025, according to a Reuters report. Lithium prices have experienced two straight years of declines. Analysts and traders expect strong fundamentals in 2025 could keep prices relatively steady. However, they said that…
The CVS Health stock price rebounded to $48 on Monday, up 10% from its lowest in December. This rebound continued after the strong Walgreens Boots Alliance earnings, which pushed the stock up almost 50% from its lowest point in 2024. So, is the CVS stock a bargain at the current…
Mazda is transitioning toward electrification, marking a shift from its history as a producer of efficient and affordable petrol-powered vehicles. The Hiroshima-based automaker, recognized for its engineering and design expertise, is focusing on in-house battery production and EV technology to establish a presence in the premium electric vehicle market. Mazda’s…
China’s growing presence in the global shipbuilding industry has been a focus of a recent trade investigation by the US Trade Representative (USTR), launched in April 2024 at the request of US labor unions under Section 301 of the Trade Act of 1974. The investigation highlights practices such as financial…
As the world gears up for Donald Trump’s presidential inauguration on January 20th, attention has turned to the much-discussed “Crypto Ball” on January 17th. Hosted by Trump’s super PAC, MAGA Inc., this exclusive pre-inaugural event is making waves for its extravagant price tags and the prominent figures set to attend.…
The Indian Rupee (INR) plunged to an all-time low of 86.2050 against the US dollar on Monday, breaching the 86 mark for the first time in its history. The depreciation comes after robust US jobs data reignited expectations that the Federal Reserve would limit rate cuts in 2025, putting additional…
The UK-China Economic and Financial Dialogue (EFD) has returned after a five-year hiatus, bringing agreements worth £600 million to the UK economy over the next five years. Projections suggest this amount could grow to £1 billion. This collaboration, led by UK Chancellor Rachel Reeves and Chinese Vice Premier He Lifeng,…