The private sector in Singapore continued to expand in December, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a PMI score of 51.1. Thats down from 51.2 in November, although it remains well above the boom-or-bust line of 50 that separates expansion from contraction. Incoming new orders rose...
The China stock market has finished lower in three straight sessions, plummeting almost 200 points or 6 percent in that span. The Shanghai Composite Index now sits just above the 3,210-point plateau although its due for support on Monday. The global forecast for the Asian markets is upbeat, with support expected from the technology and...
The Indonesia stock market has moved higher in three straight sessions, collecting almost 130 points or 1.8 percent along the way. The Jakarta Composite Index now sits just above the 7,160-point plateau and its expected to open to the upside again on Monday. The global forecast for the Asian markets is upbeat, with support expected...
The Thai stock market on Friday snapped the two-day slide in which it had slumped more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,385-point plateau and its expected to open higher again on Monday. The global forecast for the Asian markets is upbeat, with support expected...
Asian stocks fluctuated on Monday despite U.S. stocks rebounding sharply on Friday, led by gains in the technology sector. The dollar was mixed against major currencies after positive U.S. House Speaker election results. Chinas onshore yuan breached a key milestone for the first time since late 2023 amid reports that the Peoples Bank of China...
Indian shares look set to open on a positive note Monday after U.S. stocks showed a strong move back to the upside during trading on Friday. That said, a cautious undertone may prevail as foreign portfolio investors continue their selling spree and investors wait for cues from the Q3 earnings season, beginning with TCS this...
Indian shares opened a tad lower on Monday, mirroring weak cues from global markets. The benchmark S&P/BSE Sensex was down 132 points, or 0.2 percent, at 79,096 in early trade while the broader NSE Nifty index was down 76 points, or 0.3 percent, at 23,928. Among the prominent decliners, Hindalco, Coal India, BPCL, Tata Steel...
Bette Chen transitioned from software engineering to founding Acala, reshaping DeFi within the Polkadot ecosystem.She led Acala through a major crisis, restoring trust with community-driven solutions and transparent leadership. While most people are still trying to understand what blockchain is, Bette Chen has already rolled up her sleeves and helped build it from the inside....
North Carolina lawmakers have proposed bills to allow state retirement funds to invest in cryptocurrencies, aiming to expand investment options and boost the crypto market.This follows the introduction of the Bitcoin Reserve and Investment Act by North Carolina senators, urging the treasurer to allocate up to 10% of public funds into Bitcoin. North Carolina is...
Legal analysts suggest Ripple could resume institutional XRP sales if the injunction is lifted, provided the company adheres to securities laws.This would allow Ripple to directly engage with hedge funds and private equity firms under revised compliance strategies. In the latest legal turn of events, Ripple dropped the cross-appeal in the ongoing case with the...