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.
Fintech Funding in Southeast Asia Triples to Record $3.5 bln This Year
Fintech financing in Southeast Asia increased by more than three times in the first nine months of this year compared to the same period in 2020, hitting a record $3.5 billion, according to a research released on Wednesday.
Companies
Meme Stocks Like GameStop, AMC Pose Risks to Financial Stability, Fed Says
The Federal Reserve warned in its biannual financial stability report issued Monday that stock-market volatility caused by a spike of first-time investors who gather on social media might pose a danger to the US financial system.
Banks and Finance
Popular Trading Platform Robinhood Reports Security Breach and User Data Leak
Robinhood, a popular financial services firm and trading platform, said today that its database has been breached, resulting in the exposure of customer data. An "unauthorized third party" allegedly obtained access to the firm's clients' personal information earlier this month, according to the company.
Companies
Stock Futures Drift Lower After S&P 500’s Eighth Straight Record Close
On Monday, the blue-chip index posted its longest winning run since 2017, setting a new record high and closing over the 4,700 level for the first time ever. The Dow Jones Industrial Average and the Nasdaq Composite both made new highs.
Stocks
Kiyosaki: The US Stock Market is Headed for ‘Giant Crash’ Followed by a New Depression — Here are the Only 3 Assets he Likes as Protection
Expert predictions for a stock market correction in the United States are becoming more popular these days. However, due to high inflation rates, Robert Kiyosaki is advocating for something even worse.
Stocks Discover
China Posts Record Trade Surplus in October as Exports Surge
Despite global supply-chain disruptions, China's exports soared in October, resulting in a record monthly trade surplus. Exports increased 27.1 percent in dollar terms to $300.2 billion last month, according to figures released by the General Administration of Customs on Sunday.
Banks and Finance
World’s Top Chipmakers Provide Data to U.S. as Deadline Arrives
Several chipmakers have already replied to a US request for supply chain information to aid in the resolution of the worldwide chip shortfall, with several of the world's major suppliers indicating they will not give sensitive data.
Companies
U.S. Energy Prices Are Breaking a Historic Pattern. The Results Could Be Severe
As Europe struggles through an energy crisis, the United States could very well be on the precipice of our own. Prices are high—that is no secret. Production of oil is lower than it was before Covid, and there are concerns about a cold winter coming.
Stocks