If Europe wants to meet a globally agreed-upon deadline, strict capital requirements for banks holding cryptoassets must be fast-tracked in the pending banking law of the European Union, according to the bloc’s executive. The implementation of capital requirements for banks’… Read More ›
According to data from trade sources, India’s imports of Russian oil increased to a record 1.4 million barrels per day (bpd) in January, up 9.2% from December. Moscow continued to be New Delhi’s top monthly oil supplier, followed by Iraq… Read More ›
According to Goldman Sachs strategists, by the end of this year, Chinese stocks could rise by as much as 24% due to an economic transition from “reopening to recovery.” According to a note published on Monday, the company anticipates a… Read More ›
Since the beginning of using satellites to measure it in the late 1970s, there is currently less sea ice surrounding the Antarctic continent than at any other time. According to the National Snow and Ice Data Center, this year is exceptional… Read More ›
China is closely monitoring Russia’s progress in the Ukraine, according to NATO Secretary-General Jens Stoltenberg, who also noted that the outcome of the European war will probably have a significant impact on Beijing’s actions in the Asia-Pacific region. “Beijing is… Read More ›
Although British consumers unexpectedly increased their shopping in January, the overall picture still shows weak demand from households struggling with inflation and turning more to retailer sales to make ends meet. Sales volumes increased by 0.5% from December, marking only… Read More ›
The extent to which China recovers from its prolonged closure, according to the executive director of the International Energy Agency, is the biggest uncertainty facing global energy markets. At the Munich Security Conference, Fatih Birol told CNBC that the oil… Read More ›
Despite the U.S. government’s tougher regulatory stance, cryptocurrency markets rose on Thursday. At around 7:45 a.m. ET, bitcoin increased by 2.4% to $24,579.55, while ether increased by more than 1% to $1,686.87, according to Coin Metrics. According to Vijay Ayyar,… Read More ›
As Europe’s top economy emerges from the energy crisis, activist investors are resuming their years-long efforts to break up some of Germany’s most venerable companies. They see streamlining as a promising path to reviving share prices. This week, investors demanded… Read More ›
The government announced on Tuesday that Argentina’s inflation rate has reached just under 100%, with savers suffering from some of the world’s fastest rising prices and workers’ budgets being squeezed as costs continue to outpace wages. The South American nation,… Read More ›
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