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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.
Stock Market News Live Updates: Wall Street Rocked By New COVID Variant Fears, Dow Plunges Over 900 points
Global markets were jolted on Friday by the discovery of a new coronavirus variety in South Africa, which fueled fears that further growth-stifling lockdowns might be enforced if the type spreads extensively.
Stocks
Goldman Sachs: Use These 5 High Growth Stocks To Shield Yourself From Rising Interest Rates
The stock market is often threatened by rising interest rates, but not all equities are created equal. According to Goldman Sachs, one sort of stock should keep going well as interest rates rise: high-yield growth stocks.
Banks and Finance
JPMorgan Says This Cryptocurrency is a Better Buy Than Bitcoin As Interest Rates Rise — Here Are 3 Easy Ways to Invest
As Bitcoin has dominated the news, America's largest bank believes Ethereum, the world's second-most valued cryptocurrency, is a better option as interest rates rise.
Crypto Discover
As Germany’s Business Confidence Deteriorates, The Euro Slides to July 2020 Lows
The euro sank on Wednesday as a poll revealed that German business confidence declined in November, while the Turkish currency stayed under pressure as President Tayyip Erdogan supported interest rate cuts despite rising inflation.
Forex
Japan Will Spend $313 Billion In Additional Budgetary Funds Due To Tax Revenue Overshoots
Japan is likely to submit an additional budget for fiscal 2021 on Friday, with spending of $313 billion, according to a draft obtained by Reuters, while maintaining market issuance of interest-bearing bonds stable as it concentrates efforts to mitigate the impact of the coronavirus outbreak.
Banks and Finance
China Asks Didi to Delist From U.S. On Security Fears
According to sources familiar with the case, Chinese officials have ordered Didi Global Inc.'s senior executives to design a strategy to delist from U.S. exchanges, an extraordinary request that is certain to reignite anxieties about Beijing's ambitions for its colossal tech industry.
Banks and Finance Discover
One of America’s Youngest Billionaires Details His Biggest Financial Mistake
Sam Bankman-Fried may have made his wealth by starting crypto exchange FTX, but he is still learning about some elements of the industry. Indeed, according to Yahoo Finance, the 29-year-old billionaire's worst financial blunder was waiting too long to enter the crypto craze.
Banks and Finance