Stories tagged “Finance.”
30 stories
AMC CEO Adam Aron criticized Robinhood's tokenized stock offerings as unregulated in the US and announced an investigation by external securities counsel, citing no affiliation with AMC shares.
AMC CEO Adam Aron vehemently condemned Robinhood for issuing tokens tracking his company's share price without AMC's consent, calling the practice "contemptible" and "vile."
Yen surges on new intervention talk; oil prices climb
The Japanese yen rallied sharply against the dollar amid fresh speculation of intervention by Japan's central bank and expectations of a hawkish rate hike, while oil prices jumped due to new Iran strikes against U.S. targets in the Gulf region.
Asian benchmarks trade mixed following rally on Wall Street led by technology issues
Asian stock markets showed mixed performance on Friday, influenced by a tech-led rally on Wall Street and easing bond yields. Japan's Nikkei 225 rose, while other regional benchmarks saw varied results amid anticipation for central bank policy meetings.
US Bitcoin ETFs recorded $730.9 million in net inflows, marking their largest daily haul since January, as Bitcoin's price surpassed $80,000. Despite the surge, CryptoQuant expressed caution, noting weak fresh demand and significant short covering.
Yen’s moves a mystery as intervention dismissed
The yen experienced a rapid strengthening against the dollar this week, leading some analysts to initially suspect intervention, though the gradual pace of the move suggests neither Japan nor the U.S. stepped in. Vice Finance Minister Atsushi Mimura confirmed Japan remain…
Global bond rout pauses for second day as Fed’s Waller sparks rate-hold hopes
Global sovereign bond markets experienced a temporary reprieve from a sell-off, with yields pulling back, after Federal Reserve Governor Christopher Waller hinted at a potential pause in interest rate hikes.
Chinese memory-chip maker ChangXin Memory's initial public offering (IPO) on Shanghai's STAR Market has advanced to the "inquiry" stage, marking a significant procedural milestone in its journey toward public listing.
Asian currencies mixed as dollar steadies, yen holds strong weekly gain
The U.S. dollar steadied as Federal Reserve Governor Christopher Waller cooled September rate hike expectations, while the Japanese yen achieved its strongest weekly gain since late July.
Nomura warns that the AI-driven rally in US equities is masking growing risks and vulnerabilities in the US economy and capital markets, potentially leading to a sharp correction and a weaker dollar. The bank challenges the "Tina" doctrine, which suggests there is no alte…
Crusoe, an AI infrastructure and cloud provider, has reportedly raised $3 billion at a $30 billion valuation, co-led by Atreides Management and Valor Equity Partners. This significant funding round follows a $1.38 billion raise just ten months prior.
The Boom of the Casablanca Stock Exchange [5/5]
The Casablanca Stock Exchange has experienced significant growth, surpassing $100 billion in capitalization in 2025, driven by the 2030 World Cup prospects and a surge in small investors. Despite a recent 5% dip due to the Middle East crisis, it remains Africa's second-la…
Pakistan has secured a $3 billion loan through Eurobond issuance, attracting strong interest from international investors.
Standard Chartered has become the first major global bank to offer institutional spot Bitcoin and Ether trading in the United Arab Emirates (UAE) through its DIFC-regulated entity.
The Dutch Central Bank has transferred 86 tons of gold, valued at billions of dollars, from the United States and Canada to the Bank of England in London. This strategic move, completed over several months, aims to enhance the bank's resilience and preparedness amidst inc…
UK mortgage rates are expected to increase following a global bond sell-off that has pushed up borrowing costs, despite a slight easing in bond yields at the start of trading.
Oil relaxes and stock markets recover their breath
Oil prices eased after US President Trump indicated that renewed attacks against Iran would be brief, calming market fears over Middle East supply disruptions. This led to a recovery in global stock markets, including Europe, and eased pressure on bond yields.
Sterling today: Pound firms as dollar softens on Fed rate-hike doubts
The British Pound strengthened against a broadly softer US Dollar, which was impacted by a sharp USD/JPY slide and slightly eased expectations for a September Fed rate hike. The euro also gained, though its outlook is complex ahead of the European Central Bank meeting.
Asian currencies rise as yen surges toward 158, intervention risk returns
Asian currencies showed mixed performance as the Japanese yen surged towards 158 per dollar, fueling speculation about potential intervention by Japanese authorities. Investors are closely watching the Federal Reserve's rate outlook and renewed U.S.-Iran tensions.
US Treasury Secretary Scott Bessent urged Japan to cease its reflationary policies, criticizing the Takaichi administration's fiscal expansion and monetary easing, which he believes risks a 'triple depreciation' of the yen, stocks, and bonds.
New York Fed President John Williams attributes the recent surge in Treasury yields to a strong U.S. economy and robust economic outlook, rather than market dysfunction. He maintains a "wait-and-see" approach regarding the necessity of further interest rate hikes.
UK Chancellor John Healey is reportedly considering a windfall tax on banks and oil firms to help fund household support. The UK's four largest banks have made £200bn in pre-tax profits over five years.
Two Thai businessmen are suing Tether, alleging the stablecoin issuer illegally froze $42.4 million in USDT without a warrant, as part of a larger pig butchering scam case.
Japanese firm Remixpoint sold $5.5 million worth of altcoins, including ETH, SOL, XRP, and DOGE, to concentrate its crypto holdings solely on Bitcoin, booking a net gain of $736,000.
Bitcoin experienced its strongest August since 2017, climbing 25%. However, the month concluded with a downturn, leading into September, a period historically known as 'Rektember' for crypto markets.
UK 10-year borrowing costs have reached their highest level since 2008 amid a global bond market sell-off, driven by US-Iran tensions escalating oil prices and inflation fears.
The crypto industry, including Grayscale, a16z, and the CCI, has urged the U.S. SEC to avoid blanket restrictions on "novel" exchange-traded funds (ETFs). They advocate for evaluating products based on individual risk parameters and preserving existing classification rules.
Devastating floods along Nepal's border with China have caused significant damage and a high death toll, prompting concerns for the country's vital adventure tourism industry ahead of its peak season.
Scalable Capital lanza un depósito al 2,75% TAE y eleva la remuneración de su cuenta al 2,63%
Scalable Capital anuncia nuevos productos de ahorro con intereses récord.
The London Stock Exchange (LSE) is reportedly partnering with Kraken's parent company, Payward, to launch tokenized UK stocks on its new 24/5 trading venue, LSE 24, starting in 2027.