(Bloomberg) -- Chinese stocks and the yuan slumped as fears of worsening Sino-American tensions further undermined investor confidence after a slew of disappointing economic developments. Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe Hang Seng China Enterprises Index tumbl
Citi Sees Post-Election Stock Rally Stalling on Profit Taking
(Bloomberg) -- The post-election rally in US stocks could run out of steam as investors start to take profits, according to strategists at Citigroup Inc.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationInvestors added to bullish bets last week, pushing exposure to the S&P 500 to
Armed Crypto Heist in Thailand Hints at Growing Trend of Physical Crimes Relating to Crypto
A Ukrainian cryptocurrency trader has just become the latest victim of a violent robbery in Thailand, where he lost 250,000 USDT.
Treasury Yields Climb Anew With Focus on Inflation Under Trump
(Bloomberg) -- US Treasuries slumped as investors looked to rekindle a selloff spurred by Donald Trump’s presidential victory last week.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationYields on the 10-year benchmark bond rose as much as 5 basis points to 4.36% as of 8:13 a.m. in
Bitcoin Critic Peter Schiff Announces Ordinals Art Collection Sale
Bitcoin skeptic and gold enthusiast Peter Schiff is now surprisingly selling his digital art collection on Magic Eden, an NFT platform.
Possible SEC Leadership Change Signals Major Shift in Crypto Regulation Under Trump
Donald Trump's transition team is currently exploring a list of candidates that could replace current Securities and Exchange Commission (SEC) chairman Gary Gensler.
Trump's Reelection Ignites Historic Bitcoin Rally, Sending BTC to $89K
The cryptocurrency market witnessed a surge in the aftermath of Donald Trump’s victory in the U.S. presidential election.
Stock market today: Asian shares mostly decline, shrugging off Wall Street's rally
Asian shares mostly fell Tuesday, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as U.S. president. Japan's benchmark Nikkei 225 reversed early gains to decline 0.6% in afternoon trading to 39,289.14, weighed down by uncertainty about how Trump's policies, including tariffs, may affect local industries. Chinese tech stocks have been declining lately, while investors also have their eyes on upcoming earnings reports out of China.
Cryptos will finally go mainstream in US under Trump’s wider financial deregulation plans
Blandina Hanna Szalay discusses the impact on crypto of the Trump win the US presidential election
SoftBank Swings to Profit on Help From Hot Indian IPO Market
(Bloomberg) -- SoftBank Group Corp. swung to its biggest quarterly profit in two years on a series of successful Indian listings, giving its founder Masayoshi Son more ammunition for his next bet.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe Tokyo-based company earned a ne