British Prime Minister Rishi Sunak speaks during a Q&A at Teesside University, on Jan. 30, 2023. Oli Scarff | Wpa Pool | Getty Images NewS The UK formally laid out plans to regulate the cryptocurrency industry, with the government looking to rein in some of the reckless business practices that emerged over the past year …
Britain sets out plans to regulate crypto industry in wake of FTX collapse Read More »
On Friday, Russian energy supplier Gazprom said it would not resume its supply of natural gas to Germany through the key Nord Stream 1 pipeline, blaming a malfunctioning turbine. Hannibal Hanschke | Reuters The European Union’s rejection of Russian energy commodities following Moscow’s invasion of Ukraine won’t last forever, Qatar’s Energy Minister said during an …
European markets closed higher Friday, building on gains from the previous session to notch their highest level since April 2022. The pan-European Stoxx 600 closed up 0.5%, slightly paring earlier gains. Health care stocks added 1.4% to lead the rally while autos dropped 1.7%. Investors around the world are closely monitoring inflation data for clues …
LONDON — European markets were cautious on Friday morning as investors digested key euro zone inflation data and awaited December’s US jobs report. The pan-European Stoxx 600 index hovered just above the flatline by mid-morning, with oil and gas stocks adding 1.1% while autos fell 0.7%. Inflation in the euro zone dropped for a second …
Eurozone inflation data, US jobs report in focus Read More »
WASHINGTON – Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released Wednesday from the central bank’s December meeting. At a meeting where policymakers raised their key interest rate another half a percentage point, they expressed the importance of …
One kilo gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters LONDON — The price of gold notched a six-month high early on Tuesday, and analysts believe the rally has further to go in 2023. Spot gold peaked …
Gold surges to 6-month high, and analysts expect new records in 2023 Read More »
LONDON — European markets were higher in morning trade, as investors assessed China’s reopening and awaited key European inflation figures. The UK’s FTSE 100 rose 2.1%, while Germany’s DAX index was up 1.4% and France’s CAC 40 was up 1.2%. Overall, the pan-European Stoxx 600 gained 1.6%, led by travel stocks, up 2.7%. German preliminary …
Singapore economy grew 3.8% in 2022 Singapore’s economy saw full-year growth of 3.8% for 2022, according to data released by the Ministry of Trade and Industry on Tuesday. The economy grew 2.2% in the fourth quarter compared with a year ago, the slowest pace since mid-2021 but beating expectations of 2.1% from a Reuters poll. …
Asia-Pacific markets trade lower as region kicks off 2023 Read More »
Virtual singer Luo Tianyi performing with world renowned pianist Lang Lang in 2019 at the Mercedes-Benz Arena in Shanghai, China. Launched in 2012, Luo Tianyi has nearly 3 million fans and even performed at the Winter Olympics opening ceremony in Beijing this year. Visual China Group | Getty Images BEIJING — From customer service to …
Companies can ‘hire’ a virtual person for about $14ka year in China Read More »
European shares rose in the first trading session of 2023 on Monday, after a rough year marred with fears of a recession as central banks hiked rates globally and the Russia-Ukraine war. The pan-regional STOXX 600 rose 0.5% by 0810 GMT, supported by rate-sensitive technology stocks. The energy sector added 0.8%. The STOXX 600 ended …
European shares rise in first trading session of 2023 Read More »
