finance

Wall Street ends sharply higher, led by Dow surge

Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back…

4 years ago

Bitcoin steadies in Asia trading after Monday’s plunge

Bitcoin stabilised in Asian trading on Tuesday morning a day after a statement from China’s central bank reaffirming the ongoing…

4 years ago

Bitcoin slumps further as China tightens crypto crackdown

Bitcoin tumbled on Monday to a two-week low on China’s expanding crackdown on bitcoin mining, as investors grew more uncertain…

4 years ago

Explainer: ‘Death cross’ chart formation adds another worry to bitcoin outlook

For technical analysts watching bitcoin, an important and potentially bearish chart formation just happened in the cryptocurrency: A “death cross.”

4 years ago

Buffett-backed Nubank in talks to hire U.S. IPO underwriters -sources

Nubank, the Brazilian digital bank backed by Warren Buffett's Berkshire Hathaway, has invited investment banks to pitch for roles on…

4 years ago

Dollar catches breath as traders await Powell testimony

The dollar paused for breath on Tuesday as traders looked to testimony from U.S. Federal Reserve chair Jerome Powell for…

4 years ago

Regulators tell Biden US financial system in good shape-White House

Financial regulators assured President Joe Biden on Monday that the U.S. financial system is in good shape and that financial…

4 years ago

Analysis: Fed’s “big tent” framework may fray under inflation surge

The U.S. Federal Reserve’s carefully crafted move last year to a jobs-first monetary policy, touted as giving workers their best…

4 years ago

Maersk VC co-leads funding round in Egyptian start-up Trella

Egyptian startup Trella, a digital platform connecting truckers with freight loads, has raised $42 million in equity and debt, including…

4 years ago

Wall St rebounds after Fed-induced pullback

Wall Street's main indexes were set to open higher on Monday as financials and energy stocks rebounded after hawkish comments…

4 years ago