Price of gold sinks against a backdrop of rising interest rates, a stronger dollar and despite greater geopolitical uncertainty.
All asset classes are being hammered as the U.S. Federal Reserve maintains a fiercely hawkish stance in its fight against inflation.
While the crypto sector has provided plenty of high-paying jobs, there are also concerns that the more speculative corners of an already volatile market could create undesirable outcomes for Singapore…
Oil major Shell warned that Europe may have to brace for a string of winters with exorbitant power bills as a result of natural gas prices and electricity rationing as…
Premier Li Keqiang remains stoic, declaring that Beijing has rolled out “more forceful” economic policies this year, than it did in the wake of the Covid-19 pandemic.
Bitcoin, the largest cryptocurrency by market cap, traded near US$19,600 – well below June’s closing price, extending its rout to almost 60% for this year.
Wall Street professionals and individual investors believe the meme stock will become a durable feature of the market landscape.
The People’s Bank of China (PBoC) had so far been capping the yuan’s losses in the run-up to Jackson Hole by setting stronger-than-expected currency fixings.
FTX and Alameda Research merge their VC operations in an effort to consolidate parts of billionaire Sam Bankman-Fried’s vast digital asset empire.
A Delaware judge has ordered Twitter to hand over more data to Elon Musk relating to how it calculates bot and fake accounts on its platform.
