Latest News
Our news section is a meticulously compiled repository of the latest events, updates, and emerging trends spanning the dynamic industries of Liquidity, Forex, Cryptocurrency, and FinTech and serves as an informative platform for those seeking to keep up-to-date with the rapidly evolving landscapes of these sectors. This curated collection acts as a hub, capturing the pulse of these industries and ensuring our readers are always at the forefront of the latest developments.
Bitcoin and Other Cryptos Rebound as Investors Return to Risk Assets
Bitcoin, the most popular cryptocurrency, went up 10% in the last 24 hours to around $38,500, according to CoinDesk statistics. It traded at $45,000 for the majority of the week but fell below $40,000 on Friday as geopolitical anxieties intensified.
Crypto
European Industry Faces Shrink Or Shut Decisions On Energy Pain
BASF already suffered losses of 800 million euros this quarter due to high gas prices, and the issue may become worse if the United States and European Union widen sanctions against Russia, which provides over 40% of the EU's natural gas.
Banks and Finance
War, Inflation, Rising Interest Rates: 6 Stocks For Tumultuous Times
Earnings are also important. "You want a firm with a high E in its P/E ratio," Young explains. Constantly rising revenues compensate for any compression in price/earnings ratios caused by inflation or geopolitical turmoil.
Banks and Finance
Tesla Stock Is Plunging. It’s Probably Musk’s Twitter This Time.
Musk replied on Tuesday to a tweet that referred to an article alleging that the SEC leaked details about the inquiry of Tesla's Chief Executive. Musk commented that this is only "the first layer of the corruption onion."
Companies Discover
Oil Steadies As U.S. Avoids Harsh Sanctions, Iran Nears Endgame
The rise in prices is also held back by the prospect of an Iranian nuclear agreement. Discussions over Iran's nuclear program have approached the finale, signifying possible respite for the world's energy markets if both parties can agree to resolve the remaining issues.
Banks and Finance
Chinese Tech Stocks Drop To New Crackdown Lows, Led By Alibaba
President Xi Jinping's "shared prosperity" program has targeted the business strategies of several IT heavyweights. The fee cut order by Beijing on Friday caused Meituan, one of China's largest food delivery services, to fall 5.1% on Tuesday.
Stocks
Top Wall Street Analysts Remain Bullish on These Stocks as Earnings Season Winds Down
Investors are seeking direction and a reminder to maintain a long-term outlook. According to TipRanks, which analyzes the best-performing analysts, even in these uncertain times, top experts are highlighting their preferred selections.
Stocks
Hong Kong Banks Feeling The Pain Of Losing Transaction Business As Over 400 Branches Shut Amid Pandemic
According to a Post analysis of bank announcements, 20 banks temporarily shuttered another 135 offices in the previous week, raising the number of citywide shutdowns to 412 as of Saturday. This represents 37% of the 1,100 local branches, up from 25% the previous week.
Banks and Finance Discover
