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News Editor

News Editor
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Alibaba shares rally on report of regulatory relief for Ant Group

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Hong Kong shares of Alibaba Group (HK:9988) rose on Friday after a Reuters report said that Chinese authorities were close to concluding their regulatory...

Take Five: Mind the curve

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Trade tensions between Washington and Beijing are riding high while U.S. inflation data will inform the Federal Reserve's next move and rate setters in...

Dollar retreats ahead of key payrolls data

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The U.S. dollar retreated in early European hours Friday, but is still on course for small gains this week after robust labor data, with...

European stocks lower; caution ahead of key U.S. payrolls release

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European stock markets traded lower Friday, adding to the previous session’s sharp losses, as signs of an economic slowdown added to concerns of rising...

Decoding Cryptocurrency’s Future: Binance CEO Unveils Bold Market Predictions 

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TL;DR Breakdown Binance CEO Changpeng Zhao forecasts the next Bitcoin bull run to take place in 2025, based on the historical pattern of the four-year...

Binance Bolsters European Operations Amid Regulatory Challenges: Recruitment of Policy Officer...

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TL;DR Breakdown Binance faces regulatory challenges in France and the Netherlands, with investigations and failed licensing attempts impacting its operations in the European market. To address...

European Commission’s metaverse strategy faces controversial setback

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TL;DR Breakdown The European Commission's metaverse strategy, which was scheduled to be released next week, has been delayed. The commission has emphasized the need for the...

Circle looking to issue stablecoin in Japan under new stablecoin law

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TL;DR Breakdown Circle, the issuer of  stablecoin USDC, has announced that it is considering issuing a stablecoin in Japan The bullish statement comes after Japan’s announcement...

Israel foreign residents could get tax-free crypto sales

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TL;DR Breakdown A bill recently passed a preliminary reading in the Israel parliament, the Knesset, which could grant foreign residents an exemption from capital gains...

ESG equity funds suffer big outflows, buffeted by market jitters and...

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 Equity funds with an environmental, social and governance (ESG) tilt suffered a large loss of investors in the three months to end-June, dragging the...
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