Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
FxWirePro- Major Crypto levels and bias summary 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Hong Kong-based cryptocurrency financial services firm Amber Group raised $100 million to push its valuation to $1 billion.
Investment bank China Renaissance led the funding round with participation from such high-profile investors as New York-based Tiger Global Management. Existing investors include Coinbase’s venture arm.
Amber Group sells products to institutional investors and wealthy individuals, bringing a “private banking experience" offers investors several cryptocurrency products to invest in.
According to Amber Group CEO Michael Wu, 70 to 80 percent of Amber's revenue comes from net interest margin while about 15 percent from trading fees.
The company is on track to book revenue of $500 million this year and has been profitable “since inception.”
In the second quarter of 2021, venture capital investment into cryptocurrency and blockchain start-ups totaled $14 billion, soaring from the $600 million in the same period last year.
While interest in bitcoin, rose this year as institutional investors and large corporations jumped in, causing it to reach a record high of $64,829.14 in April, it has plunged by nearly half.
