SINGAPORE (Reuters) – Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest rate rises looming around the world. Bitcoin, the biggest cryptocurrency by market value, fell about 5% to a three-month low of $18,387. Ether, the second largest cryptocurrency, dropped 3% to a…
LONDON (AP) — The United Kingdom and the world bade farewell to Queen Elizabeth II on Monday with a state funeral that drew presidents and kings, princes and prime ministers — and crowds in the streets of London and at Windsor Castle — to honor a monarch whose 70-year reign defined an age. In a…
By Wayne Cole SYDNEY (Reuters) – Shares slipped in Asia on Monday and the dollar firmed as investors braced for a packed week of central bank meetings that are certain to see borrowing costs rise across the globe, with some risk of a super-sized hike in the United States. Markets are already fully priced for…
A choppy day of trading on Wall Street ended with stocks closing higher Monday as investors brace for another big interest rate increase this week from the Federal Reserve. The indexes swayed between modest gains and losses for much of the day before a burst of buying in the final hour of trading. The S&P…
BEIJING (Reuters) -China will speed up fund injections to expedite project construction and boost domestic consumption, China’s state planner said at a news conference on Monday. That came after the world’s second-biggest economy slowed sharply in the second quarter, dragged down by a deepening property crisis, and slowing exports and imports. “The economy is at…
(Reuters) – A hacker released gameplay from Take-Two Interactive Software Inc’s Grand Theft Auto VI in one of the biggest leaks in gaming history, Bloomberg News reported on Sunday. Dozens of authentic, pre-release videos from GTA VI – of robberies, gunplay and open-world driving – were posted on an online message board over the weekend,…
(Reuters) – The founders of ice cream maker Ben & Jerry’s said on MSNBC on Sunday that parent Unilever PLC is in violation of the 2000 merger deal over its sale of Ben & Jerry’s business in Israel to a local licensee who could sell their products in the West Bank. “That agreement gave authority…
By Florence Tan SINGAPORE (Reuters) – Oil prices climbed during early Asian trade on Monday as a weaker dollar and supply concerns ahead of the European Union embargo on Russian oil in December offset fears of a global recession that could dampen fuel demand. Brent crude futures rose $1.15, or 1.3%, to $92.50 a barrel…
By Shadia Nasralla and Simon Jessop LONDON (Reuters) – Carbon Tracker and Global Energy Monitor said on Monday they had launched the first global registry of oil and gas reserves, production and emissions with data for more than 50,000 fields. The database makes previously disparate or hard-to-access data publicly available, including to investors attempting to…
SYDNEY (Reuters) – Australians looking to buy a new home could actually benefit from rising interest rates as they lower the price of housing enough to ultimately result in lower mortgage payments than they would otherwise face, a top central banker said on Monday. Speaking at a housing conference, Reserve Bank of Australia (RBA) Assistant…
