(Reuters) Electric car maker Tesla sold about 44,264 China-made vehicles in August, as local sales rose to 12,885 cars from July’s 8,621. Out of the sales of China-made vehicles, a…
(Coinbase) US Securities and Exchange Commission is threatening to sue Coinbase over its new product known as Lend that promises stablecoin owners a 4% interest on their savings. Coinbase Chief…
(Cabinet Office) Japan’s gross domestic product grew at an annual rate of 1.9% in the second quarter, a higher estimate than the previous 1.3% increase. The revised growth estimate is…
(Reuters) Payments giant PayPal Holdings Inc. is seeking to acquire Paidy, a Japanese buy now, pay later firm for $2.7 billion. The deal is expected to close in the fourth…
Analysts are least worried of massive Bitcoin sell-offs by miners, saying that the miner’s net position change has entered the neutral zone. Fig: Miner Revenue per ExaHash Panic gripped Bitcoin…
(Bloomberg) Goldman expects the overall economic expansion in the US to be 5.7% this year, a drop from the expected 6% at the close of last month. Economists at Goldman…
(Cointelegraph) Panama is the latest Central American nation seeking crypto regulation after Congressman Gabriel Silva introduced a bill in the country’s legislature. Panama’s bill seeks to encourage freedom of use…
(Business Insider) Berkshire Hathaway has gained almost $2 billion in BYD stock this year to close at $7.9 billion compared to $5.9 billion at the close of 2020. The conglomerate’s…
(SCMP) Xu Ming has been appointed to head the Beijing Stock Exchange, which was created to cater to small and medium-sized enterprises. Xu has worked at the China Securities Regulatory…
(Nikkei Asia) Markets are warming for higher prices of electronic chips and devices in 2022 after the biggest producer TSMC moved to raise its production fees. TSMC, which has a…
(Halifax) UK house prices rose by 0.7% or 1,789 pounds in August from July, pushing the average cost to a fresh record of 262,954 pounds. Fig: UK House Price Change…
(Eurostat) The gross domestic product in the euro area rose by 2.2% quarter over quarter in the second quarter, higher than the EU's 2.1% jump in the same period. Fig:…