Dollar on guard; BOJ speculation keeps yen supported SINGAPORE: The dollar held broadly steady on Tuesday ahead of key US inflation data due later in the day, while the... Published 12 Mar, 2024 10:08am
Business & Finance Yen firms after revisions to Japan GDP NEW YORK: The yen edged up for a fourth straight session against the US dollar in choppy trading on Monday, ... Published 12 Mar, 2024 04:27am
Technology In bitcoin’s shadow, another cryptocurrency, Ether, stages its own rally NEW YORK: Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major... Updated 10 Mar, 2024 10:47pm
Business & Finance Dollar inches down as heavy week of data begins NEW YORK: The dollar edged lower against a basket of major currencies on Monday ahead of US durable goods orders and... Published 27 Feb, 2024 03:06am
Markets Dollar steady as traders weigh economic data, yen fragile SINGAPORE: The dollar was steady on Friday, on track for its fifth straight weekly gain, as investors take stock of... Published 16 Feb, 2024 09:57am
Business & Finance US dollar hits three-month peak NEW YORK: The dollar rose to three month peaks on Tuesday, after data showed US inflation rose more than expected in... Published 14 Feb, 2024 02:34am
Business & Finance Dollar drifts higher NEW YORK: The dollar edged higher against the euro and other major currencies on Monday as investors braced for data... Published 13 Feb, 2024 05:59am
Business & Finance Dollar hits one-month high NEW YORK: The dollar jumped on Tuesday as investors dialed back their expectations for a March rate cut from the US... Published 17 Jan, 2024 06:02am
Business & Finance Dollar dips after soft US inflation data NEW YORK: The dollar index gave up earlier gains and higher beta currencies, including the New Zealand and ... Published 13 Jan, 2024 05:38am
Technology IMF chief says rules, infrastructure needed to prevent crypto risks SEOUL: The head of International Monetary Fund (IMF) said on Thursday that crypto currencies need to be regulated... Published 14 Dec, 2023 10:12am
Business & Finance Dollar touches 2-week high, euro weaker NEW YORK: The US dollar touched a two-week high on Wednesday, while the euro was weak across the board as markets... Published 07 Dec, 2023 04:35am
Markets Bitcoin soars to near 18-month high as ETF speculation mounts LONDON/SINGAPORE/NEW YORK: Bitcoin rose by nearly 10% on Tuesday to $34,872, its highest in nearly a... Published 24 Oct, 2023 08:41pm
Markets Bitcoin leaps to 2023 high on ETF bets SINGAPORE: Cryptocurrencies extended gains in Asia trade on Tuesday, with bitcoin rallying to an almost 18-month... Published 24 Oct, 2023 10:38am
Markets Bitcoin hits two-month high above $30,000 in volatile week LONDON: Bitcoin jumped on Friday above $30,000 for first time since July , taking gains for the week past 10%,... Published 20 Oct, 2023 06:32pm
Markets IMF and regulators set out roadmap to contain crypto risks LONDON: Global financial regulators and the International Monetary Fund on Thursday set out a roadmap to coordinate... Published 07 Sep, 2023 01:37pm
World G20 chair India says talks underway for global framework on crypto rules MUMBAI: Discussions are underway on a global framework to regulate crypto assets, India’s finance minister said on... Published 05 Sep, 2023 01:19pm
Markets PayPal to halt UK crypto sales until 2024 LONDON: Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from... Published 17 Aug, 2023 12:27pm
Markets Migrants in UAE, including Pakistanis, turn to crypto to send remittances home Muhammed Bilal used to have to wait his turn outside a money transfer office in the scorching heat of Dubai to send... Updated 09 Jun, 2023 08:38pm
Business & Finance Dollar higher WASHINGTON: The US dollar rose strongly on Wednesday to a more than two-month high after data showed European... Published 01 Jun, 2023 03:34am
Business & Finance EU backs tougher tax rules on crypto transactions BRUSSELS: EU ministers agreed stronger rules Tuesday to crack down on the use of cryptocurrencies in tax fraud, as... Published 22 May, 2023 06:23am
Markets EU parliament approves world’s most sweeping cryptocurrency rules STRASBOURG: The European Parliament approved the world’s first comprehensive rules to regulate the “Wild West” world... Published 20 Apr, 2023 05:07pm
Markets India’s push to regulate crypto gains IMF, US support at G20 BENGALURU: A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the... Published 25 Feb, 2023 05:24pm
World IMF flags debt restructuring hurdles for distressed economies Managing Director Kristalina Georgieva's comments come on sidelines of G20 meeting Updated 25 Feb, 2023 05:19pm
Markets IMF lays out crypto action plan, recommends against legal tender status LONDON: The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto... Published 24 Feb, 2023 09:16am
Markets Cryptoverse: Bitcoin digs in for a bumpy new year Bitcoin’s looking steady in 2023. But it’s only been a week. Cryptocurrencies have crept into the new year, licking... Published 10 Jan, 2023 11:31am
Business & Finance Dollar retreats as investors tiptoe back into riskier currencies NEW YORK: The dollar retreated across the board on Tuesday, ceding some of the ground gained in the previous ... Published 23 Nov, 2022 05:55am
Markets Cryptos attempt to steady as Binance-FTX deal chills market SINGAPORE: Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when... Published 09 Nov, 2022 01:38pm
Markets Cryptocurrencies slide as concerns over FTX exchange rattle markets SINGAPORE: Cryptocurrencies fell heavily on Tuesday and the native token of crypto exchange FTX collapsed by 15% as... Published 08 Nov, 2022 02:31pm
Business & Finance BNY Mellon to offer crypto services Bank of New York Mellon Corp is adding cryptocurrencies to assets that it holds as a custody manager, as it looks to... Published 11 Oct, 2022 07:32pm
Technology Bitcoin falls below $19,000 as cryptos creak under rate hike risk SINGAPORE: Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy... Published 19 Sep, 2022 12:09pm