(Bloomberg) -- Chinese stocks listed in Hong Kong rebounded in the final hour of trading as the nation’s top leaders vowed to ease monetary policy and expand fiscal spending. Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitThe Hang Seng China Enterprises Index reversed a small drop to end the day 3.1% higher, it’s bigg
Chinese memory chipmaker YMTC denies back-door listing move amid semiconductor stock surge
Yangtze Memory Technologies Corp (YMTC), China's leading memory chipmaker, has denied it is seeking a back-door listing to take advantage of the frenzy in the country's chip-related stocks amid tighter US tech sanctions. Considered China's best chance to compete in advanced flash memory chips against global leaders Samsung Electronics and SK Hynix, YMTC issued a statement on Sunday saying it "never had any intention of pursuing a back door- listing". The statement was in response to earlier loca
Gauging Bitcoin, XRP Resistance Levels After Record Price Rallies
As cryptocurrencies enter price-discovery mode, options market activity can help traders identify potential resistance levels.
What Happened in Crypto Today: Why Traders Are Obsessed With Next Week
Here is a 2-minute breakdown of everything important that happened in crypto today.
Free Mobile Plan for Shareholders Spurs 7% Jump in Rakuten Stock
(Bloomberg) -- Rakuten Group Inc. shares surged on Monday after the Japanese e-commerce company announced that it would offer one-year free mobile plans for shareholders. Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitThe 6.7% advance in the stock, its biggest in
Bitcoin Surpasses $100,000: From Cypherpunk Dream to Mainstream Financial Asset
Bitcoin has crossed the $100,000 mark in 2024, a monumental achievement for the cryptocurrency that began as a fringe project of cypherpunks and tech enthusiasts.
Concerns of Volatility Rise as Altcoins Surge by Up to 99% and Bitcoin's Market Dominance Drops Below 55%
Hedera, IOTA, and JasmyCoin have shown significant growth in the cryptocurrency market since Nov. 1, recording gains of 99.31%, 79.61%, and 72.47%, respectively.
Pepe Coin Surges Past $11 Billion Market Cap, Overtakes Uniswap in Crypto Rankings
Pepe, the frog-themed meme coin, has surpassed $11 billion in market capitalization, briefly overtaking Uniswap’s token UNI, which holds a market cap of approximately $10.6 billion.
Options Giant Optiver Bets Japan’s Market Is About to Boom
(Bloomberg) -- Optiver is expanding its derivatives empire in Japan, where it aims to boost a single-stock options market that has so far been virtually non-existent.Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectBrace for a Nationwide Shuffle of Corporate HeadquartersNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitThe speed trader, which has been dealing index con
South Korean Stocks, Won Slump as Political Crisis Deepens
(Bloomberg) -- South Korean stocks tumbled and the won approached its weakest level since 2009 following a weekend of political turmoil that left investors bracing for a period of heightened volatility. Most Read from BloombergA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectBrace for a Nationwide Shuffle of Corporate HeadquartersNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitThe benchmark