China is considering allowing yuan-backed stablecoins for the first time in a move aimed at boosting international adoption of its currency, Reuters reported citing people familiar with the matter. The proposal, now under review, would represent a significant departure from Beijing’s strict stance on digital assets, which saw cryptocurrency trading…
A dramatic day of reckoning is unfolding in European markets, as a shocking corporate collapse sends a chill through…
Australia’s economy looks very conflicting on paper. The headline economy feels slow. Interest rates have come down and markets…
Australian shares surged past the key 9,000 mark for the first time on Thursday, lifted by financials and a…
Global crude and condensate departures remained high in the first half of August, reaching approximately 41 million barrels per…
Shares of WH Smith plunged by nearly 40% on Thursday after the travel retailer revealed it had overstated earnings…
Shares of Lululemon Athletica fell around 3% to $197.80 in afternoon trading on Tuesday after Wells Fargo reduced its…
Viking Therapeutics Inc (NASDAQ: VKTX) reported new clinical data for its oral obesity drug – sending shares sharply lower…
A brutal rotation out of big tech sent a shockwave from Wall Street across the Pacific, setting Asian markets…