UK Annual Inflation Rises to the Highest Since March 1992 in February
(ONS) UK consumer prices increased by 6.2% in the twelve months to February 2022, accelerating from a gain of 5.5% in January. The inflation was the highest since March 1992.…
(ONS) UK consumer prices increased by 6.2% in the twelve months to February 2022, accelerating from a gain of 5.5% in January. The inflation was the highest since March 1992.…
Bitcoin traded above $42,600 on Tuesday as the overall crypto sector turned green again, with the gains taking the total market cap back to the $2 trillion mark. The gains…
(Markets Insider) Goldman Sachs has predicted an increase in the US interest rate by 50 basis points in Fed’s May and June meetings, amid tough talk by the chair Jerome…
(CoinDesk) Problems of over-collateralization and regulation will slow down decentralized finance despite exponential growth in recent years, according to Morgan Stanley. Morgan Stanley says that over-collateralization in borrowing or lending…
(Reuters) US-listed Chinese firms, including Alibaba, JD.com, and Baidu have been told by Beijing to prepare for more audit disclosures. The move by China's regulator has been seen as an…
(Alibaba) Shares of Chinese tech giant Alibaba rose more than 11% in Hong Kong on Tuesday after raising its stock repurchase program to $25 billion from the previous $15 billion.…
(ECB) The current account surplus in the euro area was recorded at 23 billion euros in January 2022, the same as December. Services surplus in January was 16 billion euros…
(Nike) Shares of NIKE Inc. rose more than 5% on Tuesday in premarket after reporting a revenue jump of 5% in the third quarter of 2022 from the prior year…
(BIS) The Bank of International Settlements has announced the launch of a prototype for a common digital assets’ platform. The prototype, dubbed “Project Dunbar,” is geared towards streamlining cross-border payments…
(Galaxy Digital Holdings) US banking giant Goldman Sachs has completed its first over-the-counter crypto-related trade onboard Galaxy Digital. The US bank traded a bitcoin-lined instrument referred to as a non-deliverable…
(VallonPharma) Shares of Vallon Pharmaceuticals Inc. fell more than 74% in pre-market on Monday after a weak study outcome for Lead Program, ADAIR, for ADHD treatment. Vallon said that the…
(Pinduoduo) Pinduoduo Inc. shares rose 5% on Monday premarket after reporting revenue of RMB27.23 billion or US$4.273 billion, up by 3% from the prior year. FY21 revenues were reported at…