News Editor
New China law threatens companies’ safety
TL;DR Breakdown
The new Chinese counterespionage law poses risks for American and other foreign companies operating in China, possibly leading to penalties for regular business...
Litecoin price surges as it regains popularity
TL;DR Breakdown
Litecoin has seen its value skyrocket following increased popularity among traders in the market.
Analysts also believe the halving event is spurring bullish sentiments.
In...
U.S. banks celebrate Fed stress test success
TL;DR Breakdown
Top U.S. banks passed the Federal Reserve's annual stress test, demonstrating their resilience and sound financial health.
Banks like JPMorgan Chase, Wells Fargo, Goldman...
China’s plan to spy on the U.S. was unsuccessful – Details
TL;DR Breakdown
A Chinese spy balloon flew over the U.S. but was shot down without collecting significant information.
This event adds to the existing high-tech rivalry...
Dutch curb chip equipment exports amid US pressure
AMSTERDAM (Reuters) - The Dutch government on Friday announced new rules restricting exports of certain advanced semiconductor equipment, a move that comes amid U.S....
SAIC’s MG Motor brand launches new electric vehicle leasing offer in...
MG Motor, owned by Chinese company SAIC Motor, on Friday announced a new leasing offer whereby drivers in France can get for 99 euros...
Dollar set for strong quarterly gains as Powell stays hawkish
Fed Chair Jerome Powell has been pretty clear over the last few weeks, including at the European Central Bank’s annual gathering in Portugal earlier...
UK economy makes weak start to 2023 as inflation weighs
LONDON (Reuters) -Britain's economy made a lacklustre start to 2023 as inflation ate into households' disposable income, official figures showed on Friday, and economists...
Stocks show resilience to wall of rates and inflation worries
LONDON (Reuters) - Global shares were steady on Friday as investors scrutinised inflation data from both sides of the Atlantic to cap a rollercoaster...
Coinbase’s Base layer-2 network gears up for mainnet launch, strengthened by...
TL;DR Breakdown
Base, a layer 2 blockchain under Coinbase, completes six months of extensive internal and external security assessments.
Coinbase hired 100 experts to examine the...
