Bitcoin made a new 52-week high on June 23, indicating that bulls are on fire. Buyers have managed to hold onto a large part of the gains made during the week, signaling that they are in no hurry to book profits. Bitcoin climbed 16% this week, outperforming the S&P...
SINGAPORE -- Singapore's stock exchange is losing listings at a faster pace than it is adding them, dealing a blow to the city-state's financial industry even as it solidifies its position as a regional center for managing the money of rich Asians.
Although Singapore's political stability has made it a...
It’s been a dismal week for Cathie Wood’s flagship fund, Ark Innovation, that’s left nearly all of her holdings in bear market.
Wood’s main exchange-traded fund, which trades under ticker ARKK, fell 12.6% this week, for its worst week...
Shares in the Asia-Pacific were mostly higher on Thursday after Wall Street’s two-day rally fizzled and OPEC+ agreed to cut 2 million barrels per day to shore up prices. Oil futures were slightly up during Asia’s session.
Russia’s war in Ukraine will accelerate the shift away from oil and gas as countries around the world prioritize domestic renewable energy sources as a way to increase security of supply while also cutting carbon emissions.
That’s...
Morgan Stanley believes the dramatic drops in some high-flying technology stocks this month is further evidence the stock market will go lower.
"The weaker earnings beat from several Tech leaders and outright misses from Netflix and Facebook were simply additional support for our call," chief U.S. equity strategist Michael...
Gold prices have been all over the place in the past one year, but some gold stocks have moved in only one direction: south. As of this writing, Canada-based gold miner Eldorado Gold (NYSE:EGO) is down a whopping 66% in one year. South African miner Sibanye-Stillwater (NYSE:SBGL) is swiftly...
Amazon.com’s (AMZN.O) stock market value reached $900 billion on Wednesday for the first time, marking a major milestone in its 21-year trajectory as a publicly listed company and threatening to dislodge Apple (AAPL.O) as Wall Street’s most valuable jewel.
After Jeff Bezos founded the online book-selling company in his garage...
Regulation is coming to the crypto industry, and the choice of who gets to regulate Bitcoin could have a huge impact on its future price.
The future of crypto could be determined by the Senate Agriculture Committee....
Bitcoin shifted toward $30,000 on July 26 as the Federal Reserve delivered a fresh interest rate hike.
BTC/USD 1-hour chart. Source: TradingView
Bitcoin tames volatility ahead of Powell press conference
