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Category: Economy

Oil prices extend slump on likely restoration of Libyan production, OPEC+ plans to raise output
Economy

Oil prices extend slump on likely restoration of Libyan production, OPEC+ plans to raise output

September 4, 2024

Oil prices extended their previous session's losses on the back of Libya's oil production coming back online and a persistent…

Nvidia down 2% in premarket trading after plunge that wiped out nearly $300 billion in market cap
Economy

Nvidia down 2% in premarket trading after plunge that wiped out nearly $300 billion in market cap

September 4, 2024

Nvidia's huge rise in recent years has been directly related to its dominance in AI chips for data centers. ...

Economy

Chinese consumer brands look to crack the global market with Singapore as a testbed

September 3, 2024

Chinese consumer brands are using Singapore as a cultural testbed in their push to build an international business. ...

Is the Fed ‘sleepwalking into a policy mistake?’: Abrdn analyst calls for faster easing of rates
Economy

Is the Fed ‘sleepwalking into a policy mistake?’: Abrdn analyst calls for faster easing of rates

September 3, 2024

Is the economy already weaker than the headline data suggests and should the U.S. Federal Reserve already be easing? Akintewe…

How Tim Walz made Minnesota a ‘roadmap’ for progressive economic policy
Economy

How Tim Walz made Minnesota a ‘roadmap’ for progressive economic policy

September 3, 2024

Vice President Kamala Harris' running mate Minnesota Gov. Tim Walz has achieved sweeping progressive policy victories in his state since…

Weight loss drugs cut Covid-19 deaths, study finds
Economy

Weight loss drugs cut Covid-19 deaths, study finds

September 3, 2024

Fewer deaths and negative health outcomes were identified in patients with chronic kidney disease and who caught Covid-19 after treatment…

The peak interest rate era is over. Here’s what investors are watching
Economy

The peak interest rate era is over. Here’s what investors are watching

September 3, 2024

The U.S. Federal Reserve is about to join the European Central Bank, the Bank of England, the People's Bank of…

Economy

Why does Couche-Tard want to buy 7-Eleven? It’s a ‘cheap’ stock, says portfolio manager

September 3, 2024

There is little to improve in Seven & i's core business, but the company is cheaper than global counterparts, Comgest's…

JPMorgan economist says China’s housing market crash is still not over
Economy

JPMorgan economist says China’s housing market crash is still not over

September 3, 2024

China's troubled housing market could see prolonged softness, as a slew of government stimulus and supportive measures have not been…

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Crypto World

1
Cryptocurrency

Telegram shuts ‘largest darknet marketplace to have ever existed’

May 15, 2025

A major Chinese darknet marketplace suspected of facilitating crypto scams and cybercrime has been shut down by the Telegram messaging service, upon which it operated.The internet’s largest illicit marketplace, Haowang Guarantee, formerly Huione Guarantee, said…

2
Cryptocurrency

Senate removes Trump provisions in push to pass stablecoin bill

May 15, 2025

The US Senate could pass a key bipartisan stablecoin bill as soon as next week after removing language targeting President Donald Trump and his family’s sprawling crypto interests.Republican Senator Cynthia Lummis said onstage at an…

3
Cryptocurrency

Sonic Labs wins judgment for Multichain Foundation to wind up

May 15, 2025

A Singapore High Court has ruled in favor of Sonic Labs’ motion to force the Multichain Foundation to wind up in an effort to recover funds stolen during a 2023 hack.In the May 9 judgment…

4
Cryptocurrency

NFT founder stole millions from Bitcoin project, investors allege

May 15, 2025

Several investors in a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely tied Bitcoin mining operation.According to the May 14…

Economy

Economy

He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week

May 15, 2025
Economy

Amazon lays off about 100 employees in devices and services unit

May 15, 2025
Economy

The world’s best airport is building a mega terminal to ride the travel boom in Asia

May 15, 2025
Economy

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO

May 15, 2025
Economy

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes

May 15, 2025
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