Eric Trump, son of President Donald Trump, has recently emerged as a key figure in the crypto world
Metaplanet, Japan's Biggest Corporate Bitcoin Holder, Adds Eric Trump as Adviser
Eric Trump, son of President Donald Trump, has recently emerged as a key figure in the crypto world.
North Korea-Linked Lazarus Group Holds More Bitcoin Than Elon Musk's Tesla
D.O.G.E head Elon Musk's Tesla falls behind North Korean hacker group in terms of BTC holdings as President Trump plans to make U.S. the crypto capital of the world.
Analysis-Hedge fund dominance latest risk for febrile UK debt markets
LONDON (Reuters) -Hedge funds have crowded into debt-fuelled bets on UK government bonds, increasing the potential for instability in the gilts market, a benchmark for borrowing costs in Britain including mortgages, investors and hedge fund sources say. Bank of England chief Andrew Bailey said in February that non-bank institutions like hedge funds "can propagate liquidity stress in core UK financial markets, notably the gilt market". That is partly due to their activity in short-term lending markets, which more than a dozen sources - including portfolio managers, hedge fund executives and a former central banker - described to Reuters.
Prabowo Faces Investor Revolt Over Indonesia’s Economic Path
(Bloomberg) -- For months, President Prabowo Subianto’s moves to chip away at Indonesia’s long-established economic guardrails have stoked anxiety in markets. This week’s sudden rout suggests investor patience is wearing thin.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding Pullbac
China Picks Banks for Green Bond Sale Seen Boosting ESG Market
(Bloomberg) -- China’s government has mandated banks as it seeks to raise as much as 6 billion yuan ($830 million) from an inaugural sale of green bonds in London.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsA fixed in
Stock market today: Wall Street slips and heads for a fifth straight weekly loss
Stocks fell in morning trading Friday and Wall Street is veering toward its fifth straight weekly loss. Technology stocks were the biggest weight on the market. The stocks are among the most valuable on Wall Street and have outsized impacts on the whether the market gains or loses ground.
Wall St follows European stocks lower, dollar rises on tariff uncertainties
NEW YORK (Reuters) -U.S. stocks followed their European counterparts lower and the dollar strengthened on Friday with few catalysts to stoke investor risk appetite amid lingering economic uncertainties and churning geopolitical tension. Chicago Federal Reserve President Austan Goolsbee said on Friday that it was an open question whether U.S. President Trump's whirlwind tariff actions would lead to persistent inflation and the Fed needed more time to "sort through" the manner in which the tariffs played out. A spate of central bank policy meetings held investors' focus for much of the week, with the U.S. Federal Reserve, the Bank of Japan and the Bank of England all holding rates steady.
Oil set for second consecutive weekly gain on expected tightening supply
NEW YORK (Reuters) -Oil prices were steady on Friday and headed for a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan from the OPEC+ producer group raised expectations of tighter supply. Brent crude futures was up 3 cents at $72.03 a barrel by 10:52 a.m. EDT [1452 GMT]. The U.S. Treasury on Thursday announced new Iran-related sanctions, which for the first time targeted an independent Chinese refiner among other entities and vessels involved in supplying Iranian crude oil to China.
2 Top-Ranked Stocks for Crypto Exposure
Crypto has again gripped investors, with the asset class going on a massive run over the past year.