Asian stock markets are mostly higher in thin trading on Friday when most of the markets are on Good Friday holiday, following the mixed cues from Wall Street overnight, as traders were reluctant to make significant moves ahead of the release of US inflation data later in the day that could impact the outlook for...
The euro weakened against other major currencies in the Asian session on Friday. The euro fell to an 8-day low of 0.8535 against the pound, a 4-day low of 0.9720 against the Swiss franc and nearly a 2-week low of 162.94 against the yen, from early highs of 0.8550, 0.9736 and 163.55, respectively. Against the...
Inflation figures from France and Italy are the only main news due on Friday while several other major markets remain closed for a public holiday. At 3.45 am ET, France\'s statistical office INSEE publishes flash inflation, producer prices and household spending figures. Consumer price inflation is forecast to ease to 2.6 percent in March from...
The euro weakened against other major currencies in the Asian session on Friday, as traders bet on the European Central Bank\'s interest rate cut in the month of June in the wake of dovish comments from the ECB policymaker Francois Villeroy de Galhau. While speaking at Paris Dauphine University on Thursday, the ECB policymaker and...
Core inflation in Japan\'s capital softened in March but continued to remain above the 2 percent target adding to the dilemma of the Bank of Japan as to how to steer the monetary policy after exiting negative interest rates earlier this month. Core inflation that excludes fresh food eased slightly to 2.4 percent, as expected,...
On April 1, the China announced a groundbreaking initiative led by Conflux Network – the “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative.” The announcement, shared in an X post by Conflux Network, signifies a significant step towards China leveraging blockchain technology to facilitate seamless and secure cross-border transactions. Research Institute Hosts...
Healthcare company Viatris Inc. (VTRS) announced Monday the U.S. commercial launch of RYZUMVI (phentolamine ophthalmic solution) 0.75% for the treatment of pharmacologically-induced mydriasis produced by adrenergic agonists (e.g., phenylephrine) or parasympatholytic (e.g., tropicamide) agents in the U.S. RYZUMVI is now the only U.S. commercially available FDA-approved eye drop to reverse dilation. Comprehensive dilated eye exams...
March saw a major decrease in crypto theft incidents, with malicious actors stealing approximately $79 million from decentralized finance (DeFi) projects, according to data from blockchain security firm CertiK. The figure represents an incredible 48% drop compared to the $160 million stolen in February. Flash Loan Attacks and Phishing Scams Contribute to Losses CertiK’s breakdown...
Formula 1 owner Liberty Media Corp. (FWONA, FWONK) announced Monday that it has entered into an agreement to acquire Spain\'s Dorna Sports, S.L., the exclusive commercial rights holder to the MotoGP World Championship, from British private investment company Bridgepoint Group plc and Canada Pension Plan Investment Board. MotoGP will be attributed to Liberty Media\'s Formula...
South Korean politicians are accusing one another of crypto-related wrongdoings ahead of parliamentary elections in the nation on April 10. The country will go to the polls in just over a week to elect members of the National Assembly. The parliament is currently dominated by the Democratic Party. But President Yoon Seok-yeol’s People’s Power Party...