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...
Rich Dad Poor Dad author Robert Kiyosaki points out that “Fear of Missing Out (FOMO)” investors could end up creating generational wealth with Bitcoin. However, he believes that those who are afraid of making mistakes could miss out if history is anything to go by. Popular American Author Robert Kiyosaki hints that Bitcoin is on course...
Onchain data trend shows why Bitcoin price has formed resistance at the $89,000 level.BTC whales are visibly determining growth trajectory as many positions for profit taking. This week started quite positively for Bitcoin (BTC), but investors are advised to remain cautious in the days ahead. The leading cryptocurrency broke through the weekend’s stagnation, with its...
JAKARTA – PT Bank Negara Indonesia Tbk (Persero) (BBNI) has reaffirmed its commitment to supporting the governments initiative to expand financing access for Indonesian Migrant Workers (PMI), particularly through the People’s Business Credit (KUR) program. The program is designed to facilitate easier access to financing for PMIs, supporting their employment abroad. Royke Tumilaar, President Director...
JAKARTA – PT Bumi Resources Tbk (BUMI)andPT Bumi Resources Minerals Tbk (BRMS) secured the top positions in net foreign buy transactions during stock trading on Thursday (9/1). According to data compiled by IDNFinancials, BUMI recorded a net foreign buy of 117.96 million shares, with foreign purchases amounting to 167.13 million shares and foreign sales reaching...