Showing 1 - 9 of 9
Bitcoin halving set to reshape market
Business, Nuntawun Polkuamdee, Published on 19/04/2024
» The upcoming Bitcoin halving has the potential to reshape the digital asset industry as the four-year cyclical event restricts the influx of new Bitcoin, supports long-term price appreciation and drives institutional interest in the world's largest crypto currency, according to Gulf Binance.
Bitcoin, gold hit record highs, marking striking market contrast
Bloomberg News, Published on 06/03/2024
» Record highs for Bitcoin and gold are threatening to send mixed messages about the appetite for risk across global markets.
Bitcoin ETFs take Wall Street by storm with historic debut
Bloomberg News, Published on 12/01/2024
» NEW YORK - Wall Street may be divided over crypto's investment credentials but for Bitcoin brethren Thursday delivered validation: The first United States exchange-traded funds investing directly in the largest digital currency finally went live.
Equities muted as timing of US rate cuts unclear
Business, Published on 06/01/2024
» RECAP: Asian shares were mixed yesterday and the dollar was near a three-week high as traders dialled back bets of early US interest-rate cuts, after Federal Reserve meeting minutes provided few clues.
Asian equities track Wall Street higher
Business, Published on 28/10/2023
» RECAP: Asian shares tracked Wall Street futures higher on Friday as Amazon.com provided welcome earnings relief, while Treasury yields fell on signs of easing inflation, underscoring expectations that the US central bank is done raising rates.
SET consolidating after initial shock from Mideast
Business, Published on 21/10/2023
» The benchmark SET index slid more than 30 points on Monday before consolidating around 1,420 to 1,430 as selected stocks and sectors gained. Monday's hefty sell-off was triggered by events in the Middle East as Israel's retaliation against Hamas ignited worries that the situation may escalate and drag other groups into the conflict. Oil prices surged in tandem with rising geopolitical tension.
Brokerages push cash as market ripples
Business, Nuntawun Polkuamdee, Published on 05/10/2023
» Investors are recommended to hold cash at roughly 20% of their portfolio amid a volatile stock market as the US bond yield rose to a 16-year high and the dollar continues to appreciate, with the market assuming the Federal Reserve will hike interest rates again this year.
Chinese measures cheer investors
Business, Published on 02/09/2023
» RECAP: Asian shares edged higher yesterday as China stepped up efforts to support the property sector and stabilise the yuan, though investors remained cautious ahead of US jobs data that could influence interest rates.
Austria proposes putting cash in the constitution
Published on 04/08/2023
» VIENNA: The government of Austria plans to enshrine the right to use cash in its constitution, addressing a hot topic for opposition parties agitating about digital currencies.