Chinese stocks have experienced another dismal week, with a gauge of mainland firms listed in Hong Kong ranking at the bottom of global equity indices for the year. Most notably, Tokyo has surpassed Shanghai as Asia's largest equity market, while India's valuation premium over China has reached a record...
Read moreIn a surprising turn of events, Bitcoin Retreats from its recent surge as regulatory scrutiny mounts across the globe. Bitcoin, the world's largest cryptocurrency, experienced a significant setback, causing investors to question the long-term stability of the digital asset. The sudden retreat comes amidst growing concerns over increased government...
Read moreOn Tuesday, semiconductor design and software firm Synopsys revealed its intention to acquire Ansys, an engineering and product design software firm, in a significant cash-and-stock transaction valued at around $35 billion. This acquisition stands out as one of the most substantial tech deals in recent times. As part of...
Read moreMicrosoft Corp. has announced that it is expanding its Office AI Copilot to consumers and smaller companies in an effort to increase its customer base for these new services. The company will now offer a consumer version of Copilot for $20 a month, providing access to OpenAI's latest ChatGPT...
Read moreThe long-awaited Bitcoin ETFs are finally gaining traction in the financial market, as investors and enthusiasts eagerly await their approval. With the surge in popularity of cryptocurrencies, particularly Bitcoin, the introduction of these exchange-traded funds is seen as a major step towards mainstream acceptance. Bitcoin ETFs, also known as...
Read moreUS regulators have made a historic decision by authorizing exchange-traded funds (ETFs) that directly invest in Bitcoin. This breakthrough move is expected to have a significant impact on the digital asset sector, making the largest cryptocurrency more accessible to Wall Street and beyond. The Securities and Exchange Commission (SEC)...
Read moreBitcoin, the world's largest digital asset, experienced a period of consolidation after briefly surging past the $47,000 mark. This surge came as a result of optimism surrounding the potential approval of the first US exchange-traded funds (ETFs) that directly invest in BTC. As of 6 a.m. on Tuesday in...
Read moreThe U.S. job market exceeded expectations by adding 216,000 jobs in December, providing a strong conclusion to another year of robust growth despite higher interest rates. Policymakers, currently deliberating on when to initiate a reduction in borrowing costs, closely monitor the labor market's strength as they aim for a...
Read moreApple Inc. is grappling with a challenging start to the year, facing a potential threat to its longstanding position as the world's most valuable stock by market value. Reacting to growing pressures on the tech giant, investors have witnessed a decline in its shares by 0.4% on Friday, closing...
Read moreData Infrastructure Trust (DIT), sponsored by Brookfield Asset Management, has entered into a definitive agreement with American Tower Corporation (ATC) based in the United States to acquire the complete equity interests in ATC India. On January 4, Moneycontrol initially reported that the prominent Canadian investor, Brookfield, had outpaced its...
Read more
