Energy, technology and materials stocks are finding some support in the Canadian market, where the mood remains quite cautious Monday morning as investors look ahead to crucial U.S. consumer price inflation data and the Federal Reserve\'s monetary policy announcement this week. The Fed is unlikely to make any change in interest rate, but the bank\'s...
The Malaysia stock market has moved higher in two straight sessions, gathering almost 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,615-point plateau although it\'s looking at a soft start on Monday. The global forecast for the Asian markets is negative as Friday\'s U.S. jobs...
Cryptocurrency data aggregator CoinGecko has confirmed a data breach of its third-party email platform GetResponse, exposing over 23,000 users to phishing emails. This came following yesterday’s reports of a new wave of crypto airdrop scams, suspected to affect CoinGecko. On June 7th, CoinGecko released an announcement confirming that GetResponse suffered a data breach on June...
The Singapore stock market ticked lower again on Friday, one day after ending the two-day slide in which it had slumped almost 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,330-point plateau and the losses may accelerate on Monday. The global forecast for the Asian markets is negative as...
FTX creditors have filed a June 5 objection to the crypto exchange’s repayment plan on the grounds that the FTX bankruptcy estate’s proposal does not work in favor of their “best interests.” FTX Creditors Unhappy With Estate’s Plan, File Objection According to the objection, FTX creditors are concerned about a number of items included in...
Japan\'s gross domestic product contracted a seasonally adjusted 0.5 percent on quarter in the first quarter of 2024, the Cabinet Office said on Monday - matching forecasts and unrevised from last month\'s advance estimate. GDP was up 0.1 percent on quarter in the fourth quarter of 2023. On an annualized basis, GDP was revised up...
On June 6, a cybersecurity report revealed that over 35 YouTube channels live-streamed a deepfake video of Elon Musk, promising to double crypto deposits. The scammers targeted space enthusiasts eager to watch the SpaceX starship rocket launch. SpaceX Launch DeepFakes Highlight Growing Cyber Threat Cybersecurity experts from Avast Threat Labs revealed on X that scammers...
Japan posted a current account surplus of 2.050 trillion yen in April, the Ministry of Finance said on Monday - up 8.2 percent from a year earlier. The April reading was down from 3.399 trillion yen in March. Exports were up 2.4 percent on year at 8.428 trillion yen and imports rose 8.5 percent to...
South Korean lawmakers may “abolish” a new crypto tax law, six months before it even comes into force. According to Hanguk Kyungjae, the National Assembly Legislative Research Service mentioned the possible crypto tax “abolition” debate in the latest edition of the National Assembly Legislative Policy Guidebook. South Korean Lawmakers Could Delay or Do Away With...
Overall bank lending in Japan was up 3.0 percent on year in May, the Bank of Japan said on Monday - coming in at 620.106 trillion yen. That was shy of expectations for an increase of 3.1 percent, which would have been unchanged from the April reading. Excluding trusts, lending was up an annual 3.4...