The Australian stock market is slightly lower on Thursday, adding the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 7,700 level, with weakness across most sectors led by technology and mining stocks. The benchmark S&P/ASX 200 Index is losing 5.40 points...
Grayscale’s flagship Bitcoin Trust GBTC has just recorded the lowest daily outflows since it converted to an ETF. According to data posted on X by the research arm of crypto exchange BitMEX, GBTC’s outflow on February 23 was just $44.2 million. Bitcoin ETF Flow – 24 Feb 2024 All data now in, except perhaps for...
U.K. stocks advanced on Wednesday ahead of the release of key U.S. inflation data and the Federal Reserve\'s interest-rate decision due later in the day. Meanwhile, the U.K. economy stagnated in April as growth in services output was offset by falls in both production and construction output, the Office for National Statistics said earlier today....
First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended May 4th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 231,000, an increase of 22,000 from the previous week\'s revised level of 209,000. Economists had expected jobless claims...
After opening marginally up, the Switzerland market held firm and ended on bright note on Friday thanks to sustained buying at several counters. Continued optimism about interest rate cuts in the second quarter by major central banks, including the Federal Reserve, helped underpin sentiment. The benchmark SMI ended with a gain of 71.77 points or...
The Solana Foundation has taken decisive action against a group of validator operators involved in sandwich attacks on traders, a deceptive practice plaguing decentralized networks. The action aligns with the Foundation’s rules prohibiting such malicious activities and their commitment to safeguarding the integrity and trustworthiness of the Solana ecosystem. The Foundation emphasizes protecting retail investors...
Director Bypassed Firewall with VPN: Auditor The director’s ingenuity allegedly did not end here, however. The institute, like many South Korean government-affiliated firms, blocks access to crypto mining and crypto wallet-related websites and software. But the director reportedly managed to use a VPN-powered workaround to bypass the institute’s firewalls. Additionally, the director, officers claim, “impersonated”...
Indian shares ended a choppy session higher on Thursday as signs of softening inflation in Spain, France and six economically important German states fueled debate on when the European Central Bank would cut interest rates. The upside remained capped somewhat ahead of the release of the U.S. personal consumption expenditures (PCE) price index, the Fed\'s...
-- Hong Kong-listed Chinese property stocks fell on Wednesday, coming under pressure from renewed concerns over a real estate meltdown after Country Garden (HK:2007) was slapped with a liquidation petition. The embattled developer was the worst performer among its peers, sliding 11% and further into penny stock territory after Ever Credit Ltd filed a liquidation...
European stocks closed higher on Wednesday, with investors building up some positions ahead of elections in the U.K., and France, scheduled to take place on Thursday and Sunday, respectively. Investors digested the latest batch of economic data from Europe and the U.S., as well as some corporate news from the region. Dovish comments from Federal...