Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Digital Currency

Tue, Oct 08, 2024 06:25 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution

Singapore Partner with Japan, Switzerland, UK Regulators for Joint Crypto Pilots

Oct 31, 2023 08:14 am UTC| Business Digital Currency Investing

Singapores central bank is reportedly planning to establish crypto-related cooperation with Japan and some European nations. Thus, it has teamed up with the monetary authorities in Switzerland, Japan, and the United...

UK Unveils Phased Crypto Regulations, Aiming for Prominent Crypto-Asset Hub Status

Oct 31, 2023 06:41 am UTC| Business Digital Currency

The U.K. government has unveiled its final rules for the crypto ecosystem, outlining a phased introduction of regulations. The government plans to implement legislation for fiat-backed stablecoins early next year. This...

Thailand’s KBank Buys Satang Local Crypto Exchange for $103M

Oct 31, 2023 05:13 am UTC| Business Digital Currency Investing

Thailands Kasikornbank, or simply KBank, is investing $103 million to acquire Satang crypto exchange. The purchase of a majority stake in the crypto firm also signifies the banks move into the cryptocurrency...

Digital Currency Revolution

CME Climbs Ranks in Bitcoin Futures Amid Market Optimism, Nabs Second Spot

Oct 31, 2023 04:47 am UTC| Business Digital Currency

The Chicago Mercantile Exchange (CME) is swiftly ascending the list of largest bitcoin (BTC) futures and perpetual futures exchanges. With notional open interest at $3.54 billion, the CME now claims the second-highest...

FxWirePro- Top altcoins for the day (Strength index) (AXSUSD)

Oct 30, 2023 10:47 am UTC| Technicals Digital Currency

Pair Value Recommendation AXSUSD 407.77 Strong Buy Trends and levels to watch Pair Short-term trend Long term trend Major resistance Major...

Digital Currency Revolution

Standard Chartered's Zodia Custody Expands Crypto Services to Hong Kong

Oct 30, 2023 07:40 am UTC| Business Digital Currency Investing

Standard Chartereds crypto security unit, Zodia Custody Limited, is coming to Hong Kong. The institutional cryptocurrency custodian firm is launching its services in the region Zodia said has a market where the demand for...

Digital Currency Revolution

Brazil Embraces Tether: Stablecoin Tops Crypto Transactions, Dwarfing Bitcoin

Oct 30, 2023 06:34 am UTC| Business Digital Currency

Data from Brazils revenue service agency reveals that stablecoin Tether (USDT) has remarkably surged in adoption, now accounting for a staggering 80% of all cryptocurrency transactions in the country. This milestone...

391 392 393 394 395 396 397 398 399 400

Economy

Mainland Chinese Stocks Surge Amid Stimulus Optimism

Mainland Chinese stocks surged to multi-year highs after returning from an extended break, fueled by investor excitement over Beijings aggressive stimulus measures. The CSI300 blue-chip index jumped 5.5% in early trade to...

Mainland Chinese Stocks Surge Amid Stimulus Optimism

LG Energy Solution Secures 10-Year EV Battery Supply Deal with Mercedes-Benz

LG Energy Solution Signs Major EV Battery Deal with Mercedes-Benz South Koreas LG Energy Solution has signed a major agreement to supply electric vehicle (EV) batteries to a Mercedes-Benz affiliate in North America and...

Ares Management to Acquire GLP Capital Partners' Global Operations

A Major Acquisition in Asset Management Ares Management is set to acquire GLP Capital Partners operations outside of China, according to a Bloomberg report. The official announcement is expected soon, potentially as...

Boeing Union Strike Continues as Contract Negotiations Stall

Contract negotiations between Boeing and its largest union, representing 33,000 U.S. West Coast factory workers, remain unresolved after a 25-day strike. The ongoing strike has severely impacted the production of Boeings...

Politics

Elon Musk’s Donations to Donald Trump’s 2024 Campaign: 'The Numbers Speak Louder Than Words'

As the 2024 presidential election campaign heats up, many high-profile figures have been scrutinized for their financial support to various candidates. One of the most talked-about figures in this conversation is Elon...

Did Kamala Harris Cheat on Doug Emhoff?

n recent days, rumors have circulated online regarding Vice President Kamala Harriss personal life, particularly allegations suggesting that she may have cheated on her husband, Doug Emhoff. The controversy, fueled by...

Donald Trump vs. Joe Biden: Who Faced More Corruption Allegations During His Term?

As Donald Trump and Joe Biden continue to dominate the political landscape, the corruption allegations against both men have sparked intense public debate. But which president has faced more scandals during their term? The...

Can Donald Trump Run Again for President in 2028?

With the 2024 presidential race already heating up, speculation is rampant about the future of former President Donald Trump. After his previous run in 2020 and his current bid for 2024, many are asking: Can Trump legally...

Melania Trump vs. Michelle Obama: Who is More Popular?

The question of who reigns supreme in terms of popularity between former First Ladies Melania Trump and Michelle Obama has sparked debate ever since both women took on the prestigious role of First Lady. While they held...

Science

SpaceX Prepares to Launch NASA’s Europa Clipper Mission to Jupiter’s Moon Next Week

SpaceX is gearing up for the much-anticipated launch of NASAs Europa Clipper mission to Jupiters moon, Europa, next week. After overcoming recent Falcon 9 setbacks, SpaceX has encapsulated the satellite within the Falcon...

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

SpaceX and T-Mobile Begin Testing Starlink Cellular Satellite Service Ahead of 2025 Launch

SpaceX and T-Mobile have reportedly initiated tests for their highly anticipated Starlink Cellular satellite service. Speculation emerged after users noticed satellite activity on their phones, fueling excitement ahead of...

SpaceX Pauses Falcon 9 Launches After Anomaly During Crew 9 Mission Investigation

SpaceX has suspended all Falcon 9 launches after an anomaly occurred with the rockets second stage during the Crew 9 mission for NASA. The second stage failed to land as planned, prompting an investigation and delaying...

The universe is smoother than the standard model of cosmology suggests – so is the theory broken?

Given how unfathomably large the universe is, it is perhaps understandable that we havent yet cracked all its secrets. But there are actually some pretty basic features, ones we used to think we could explain, that...

Technology

38 Production Tesla Semi Units Spotted at Nevada Factory, Hints at Upcoming Deliveries

Drone footage captured 38 Tesla Semi units at the companys prototype factory near Giga, Nevada, signaling that production is ramping up. Tesla has not confirmed their destination, but speculation suggests they could be...

SpaceX and T-Mobile Deploy Starlink Cellular for Emergency Relief in Hurricane Helene-Affected Areas

To support recovery efforts in areas devastated by Hurricane Helene, SpaceX, and T-Mobile have temporarily deployed Starlink Cellular, providing emergency alerts and limited texting services. The Federal Communications...

Super Micro Unveils Liquid-Cooled GPU Solutions Amid Delays in Annual Report Filing

Super Micro Computer (SMCI) announced its new liquid cooling solution to support the deployment of over 100,000 GPUs for AI factories, a move aimed at reshaping the narrative surrounding its delayed 2024 annual report....

Citi Predicts NVIDIA Margins to Bottom Out in Q1 2025, Growth to Follow Blackwell Launch

Citi expects NVIDIAs gross margins to reach a low point of around 72% in Q1 2025, driven by the companys Blackwell architecture production ramp-up. The bank anticipates stabilization after the quarter, with margins...

Apple's 'Serious' AI Push with Apple Intelligence Delayed Until 2027, Analyst Warns

Apples ambitious AI initiative, Apple Intelligence, wont offer serious capabilities until 2026 or 2027, according to analyst Edison Lee. This delay may impact iPhone sales growth, as significant AI advancements are still...