TheCryptagon
Gold Slips as Stronger Rate-Cut Bets Lift Risk Appetite
Gold prices slipped in Asian trading on Monday as risk appetite improved, driven by a sharp rise in expectations for a December interest rate...
Alibaba Surges as Qwen AI App Scores a Strong Launch
Alibaba Group (HK:9988) saw its shares rise on Monday after its revamped consumer AI app, Qwen, delivered a strong performance in public beta. The...
Bitcoin Rebounds to $87K After Sharp Weekly Drop; ETFs Weigh
Bitcoin inched higher on Monday after a difficult week, though the cryptocurrency continued to face pressure from heavy institutional outflows and uncertainty surrounding the...
Singapore Core Inflation Hits 1.2% in October, Beats Forecasts
Singapore’s main measure of consumer prices increased by 1.2% in October compared to a year earlier, according to official data released on Monday.
Core inflation—which...
Asian Currencies Slip as Fed Uncertainty Grows; Rupee Rebounds
Most Asian currencies edged lower on Monday as traders assessed mixed signals surrounding the Federal Reserve’s potential policy decision next month. The Indian rupee,...
Oil Prices Sink as Ukraine Peace Deal Nears Breakthrough
Oil prices moved lower on Monday, continuing last week’s decline, as progress in Russia-Ukraine peace negotiations and a stronger U.S. dollar pressured the market.
Brent...
Trump Admin Weighed Allowing Nvidia’s H200 Sales to China
The Trump administration is considering whether to let Nvidia sell its H200 artificial intelligence chips to China, according to a Bloomberg report citing sources...
US Stocks Jump as Odds of a Fed Rate Cut Rise...
U.S. stocks moved sharply higher on Friday as expectations of a Federal Reserve rate cut in December helped offset concerns about high valuations in...
Fed’s Jefferson Says AI Stock Rally Is Not Another Dot-Com Bubble
Federal Reserve Vice Chair Philip Jefferson said on Friday that the current rise in artificial intelligence stocks is unlikely to resemble the dot-com boom...
Alphabet Surges as Mizuho Claims Google Has ‘Won the AI Race’
Alphabet is increasingly being viewed as the leading winner in artificial intelligence, with Mizuho saying market sentiment now suggests that Google has “already won...
