Journalism of Courage
WORLD MARKET NEWS - Page 9
US housing prices jump the most in more than three decadesSubscriber Only
June 30, 2021 12:47 IST
The S&P CoreLogic Case-Shiller index of property values climbed 14.6% from a year earlier, according to a statement Tuesday, the biggest gain in data going back to 1988.
Consortium led by Alibaba, Jiangsu government near deal for SuningSubscriber Only
June 30, 2021 11:51 IST
Alibaba’s Hong Kong-listed shares rose as much as 1.6% in Wednesday morning trading, while its American depositary receipts closed largely unchanged at $229.44 on Tuesday in New York.
China’s ban forces some bitcoin miners to flee overseas, others sell out
June 25, 2021 11:34 IST
Chinese authorities say cryptocurrencies disrupt economic order and facilitate illegal asset transfers and money laundering.
Bitcoin recoups some losses in Asia after plunging on Chinese crackdown
June 22, 2021 11:11 IST
The world's largest crypto currency was last up 4.58% at $33,000, having dropped more than 10% on Monday. Ether, the second-biggest crypto currency, was up 5.05% at $1,983 after hitting a five-week low the day before.
Bitcoin tumbles 10% in wake of deepening China crackdown
June 21, 2021 18:09 IST
China's central bank said on Monday it had summoned some banks and payment institutions recently, urging them to crack down harder on cryptocurrency trading.
Asian stocks follow Wall Street lower on Fed hints at rate hikes
June 17, 2021 10:31 IST
The Nikkei 225 in Tokyo lost 1.1% to 28,965.07 and Hong Kong's Hang Seng was off less than 0.1% at 28,434.62. The Shanghai Composite Index was up 0.2% at mid-morning at 3,525.67.
After Cristiano Ronaldo snub, Coca-Cola lost $4 billion
June 16, 2021 13:15 IST
The market valuation of Coca-Cola went from $242 billion to $238 billion, thereby registering a fall of $4 billion after Cristiano Ronaldo moved the two soft drink bottles aside as he spoke to the media ahead of Portugal's first game in Euro 2020.
Philanthropist MacKenzie Scott donates $2.7 billion in latest round of charitable giving
June 16, 2021 10:51 IST
Last year, amid the coronavirus pandemic, she donated more than $4 billion to food banks and emergency relief funds, months after she announced $1.7 billion in grants to causes such as racial equality, LGBTQ rights and climate change.
Musk says Tesla will accept bitcoins when miners use more clean energy
June 14, 2021 07:22 IST
Bitcoin rose 5.1% to $37,360.63 on Sunday, adding $1,817.87 to its previous close, after Musk's tweet.
Wealthiest executives paid little to nothing in Federal Income Taxes, report saysSubscriber Only
June 9, 2021 13:55 IST
Administration officials said on Tuesday that federal authorities were investigating the disclosure of private tax information, which can constitute a criminal offense.
There’s a new vision for Crypto, and it’s wildly different from BitcoinSubscriber Only
June 8, 2021 11:45 IST
The Bitcoin vision is to create a new form of money outside the authority of any central issuer. The DeFi vision inverts this, and takes the money creation part for granted. After all, you can spend a dollar on the Ethereum network using a USD-backed stablecoin, so why reinvent the wheel?
Elon Musk ‘trolling’ puts brakes on bitcoin’s rebound
June 4, 2021 15:25 IST
Friday's fall pushed bitcoin below its 20-day moving average to $37,710, and took some of the edge off its week-to-date gains - though it has still climbed nearly 6% to put it on course for its best week in about a month.
This former teacher turned tycoon lost $14 billion within monthsSubscriber Only
June 3, 2021 11:28 IST
Larry Chen started his career as a middle-school teacher before joining New Oriental Education & Technology Group Inc. in 1999 and eventually becoming executive president. He left to start GSX in 2014.
Saudi stock market trading stops over technical error
June 2, 2021 15:35 IST
Saudi state television reported the trades halting on Riyadh's Tadawul in an urgent on-screen graphic, with an anchor saying officials were trying to fix the problem.
How the world ran out of everythingSubscriber Only
June 2, 2021 12:27 IST
In a time of extraordinary upheaval in the global economy, Just In Time is running late.
Covid trauma has changed economics – maybe foreverSubscriber Only
June 1, 2021 12:05 IST
In 2020, when the pandemic hit and economies around the world went into lockdown, policymakers effectively short-circuited the business cycle without thinking twice.
Website promoting cryptocurrency DubaiCoin an elaborate phishing campaign: Dubai govt
May 28, 2021 18:01 IST
The Dubai government said the digital currency was not approved by any official entity and the website promoting the crypto is an elaborate phishing campaign to steal personal information from visitors.
Ditched Olympics could wipe out most of Japan’s 2021 growthSubscriber Only
May 27, 2021 12:07 IST
Amid the ongoing virus emergency, the debate over whether the games should proceed is intensifying. Recent opinion polls show a majority of the public against staging the Olympics this year and a number of prominent business leaders have called into question the wisdom of pressing ahead.
Old-school tycoons of Hong Kong are losing to China’s mogulsSubscriber Only
May 26, 2021 11:26 IST
The past few years have seen a remarkable shift in fortunes between China’s tech-savvy moguls and their old-school Hong Kong counterparts -- a trend that shows few signs of fading any time soon.
China’s crypto mining crackdown followed deadly coal accidentsSubscriber Only
May 26, 2021 10:56 IST
While China’s central government has enforced a strict ban on digital-asset exchanges and discouraged crypto mining for years, authorities in some remote areas of the country have been more welcoming of the industry because it brings in much-needed revenue.
Asian stocks mixed in muted trading, echoing Wall Street close
May 24, 2021 10:58 IST
Japan's benchmark Nikkei added 0.2% in morning trading to 28,381.13. South Korea's Kospi slipped 0.3% to 3,147.23, while Australia's S&P/ASX 200 inched up less than 0.1% to 7,031.50. Hong Kong's Hang Seng slipped 0.9% to 28,217.82, while the Shanghai Composite lost 0.4% to 3,473.43.
Bitcoin erases all gains since Elon Musk’s initial big embraceSubscriber Only
May 19, 2021 15:49 IST
The world’s largest cryptocurrency has dropped roughly 40% from its record of almost $65,000 and was trading around $39,360 as of 6:36 a.m. in London, a level last seen before the EV-maker disclosed its investment.
Bitcoin’s obstacles mount amid China cryptocurrency warningSubscriber Only
May 19, 2021 10:56 IST
Many chartists and technical analysts are looking at Bitcoin’s 14-day Relative Strength Index (RSI), which entered oversold levels Tuesday.
Elon Musk loses world’s second-richest ranking as Tesla stock dipsSubscriber Only
May 18, 2021 11:40 IST
On Monday, Tesla Inc.’s chief executive officer lost his spot as the world’s second-richest person to LVMH Chairman Bernard Arnault as the electric vehicle-maker’s shares fell 2.2%.
Bitcoin hits three-month low, then rallies, on Musk tweets
May 17, 2021 14:39 IST
Bitcoin value today: Bitcoin fell more than 9% on Monday to as low as $42,185, its lowest since Feb. 8, but rallied more than 5% to around $44,220.
Advertisement
Live Blog
Advertisement
Best of Express
Cities68 murdered in Maliana, all accused acquitted 36 years later, residents ask: So who killed our families?
EntertainmentDon 3 teaser: Ranveer Singh's first look revealed, says '11 mulkon ki police dhoondti hai mujhe'
EntertainmentRajinikanth's Jailer sells 9 lakh tickets, Gadar 2 rules the North with 3 lakh ticket sales: What Independence Day weekend at movies looks like
Advertisement
Must Read
Buzzing Now
Trending'He’s talking to me': Actor Teyana Taylor reveals the truth behind that viral Leonardo DiCaprio Golden Globes video
Trending'No Infosys employee apprehended': CEO Salil Parekh debunks viral claim of ICE detention in US
