India will propose a law banning cryptocurrencies and penalizing anyone trading or holding the digital assets in the country, according to Reuters. The proposed law, one of the world’s strictest…
Tesla shares rose 5.5% after CNBC-TV18 reported it is in talks with Indian conglomerate Tata Sons’ power generation unit, Tata Power, according to Reuters. The alleged talk with Tata Power…
The U.S Securities and Exchange Commission is seeking personal financial information of two Ripple Labs Inc. executives, according to Bloomberg. SEC claims the company misled investors in the cryptocurrency XRP…
Japan’s Nikkei 225 rose 1.73% or 506.19 points, to a high of 29,717.83 on Friday as other Asia-Pacific markets drifted higher. The rise in Asia-Pacific stocks follows U.S peers which…
Japan Post Holdings Co. Ltd, Japan Post Co., Ltd, and Rakuten Inc. have signed a business alliance agreement to strengthen their collaborations, according to press release. The collaborations cut across…
A survey by PricewaterhouseCoopers ranks post-Brexit Britain as the fourth most favored investment destination, according to Reuters. The survey involved CEOs of more than 5,000 companies. Britain’s attractions have been…
U.S Treasury Secretary Janet Yellen says Americans will start receiving $1,400 relief payments this weekend, reports Bloomberg. The remarks came hours after the enactment of the $1.9 trillion pandemic-relief bill…
China’s State Administration for Market Regulation has fined 12 companies involved in 10 deals that violated anti-monopoly rules, according to Reuters. The companies were fined 500,000 Yuan or $77,000 and…
Binance Holdings, the world’s largest cryptocurrency exchange, has named Max Baucus, former U.S politician as its adviser, according to Bloomberg. Baucus, 79, will provide guidance and policy advice covering some…
More U.S states are reopening their economies and terminating their mask mandates, according to CNBC. The move comes despite pleas from top U.S officials in the Biden administration to tread…
A non-fungible token by digital artist Beeple was sold at Christie’s auction for over $60 million, according to CNBC. The price makes it the most expensive NFT ever sold at…
BlackRock Inc. analyst Russ Koesterich says Gold is proving to be a less effective hedge against moves in other assets and inflation, according to Bloomberg. The portfolio manager warns that…