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Monthly Archives: May, 2023

Dollar back in the driver’s seat

Once again, it was a day where the dollar rose despite equities rallying late as higher bond yields continue to underpin the currency. And...

Peloton PTON announces safety guard for Tread+ treadmill

Maggie Lu uses a Peloton Tread+ treadmill during CES 2018 at the Las Vegas Convention Center, January 11, 2018.Ethan Miller | Getty ImagesPeloton said...

Blockchain arms race risks being won by ‘adversarial nations’ — US crypto lobby group

A blockchain lobbying group backed by the likes of Goldman Sachs, Citi Group, Circle, and Fidelity has urged the United States Congress to pass...

ForexLive Asia-Pacific FX news wrap: Japanese inflation rises further, so do Japan stocks

Japanese inflation data was the focus for the day. April CPI came in higher than March in another acceleration. The Bank of Japan insist inflation is...

Markey to Biden: Invoke 14th Amendment to save climate agenda

“Permitting is probably part of this discussion, and what most likely trying to extract is a new set of permitting regulations that make...

Coin Cafe to repay $4.3M in fees that ‘wiped out’ investors’ Bitcoin accounts

Cryptocurrency trading platform Coin Cafe has been ordered to repay $4.3 million to its users after allegedly charging “exorbitant and undisclosed fees" for storing...

Netflix stock jumps as it boasts ad-tier growth

Sopa Images | Lightrocket | Getty ImagesNetflix saw its stock rise more than 9% Thursday soon after unveiling details about its new ad-supported tier...

Increasing flow of yen overseas to pay for video & music streaming a drag on yen (but …)

Barclays on Japan’s “digital deficit,” i.e. payments to overseas technology companies like Netflix and Amazon. Analysts say its become large relative to trade and...

First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds

PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem. www.coindesk.com

FTX pursues $244M clawback from ‘wildly inflated’ Embed acquisition deal

FTX’s leadership is looking to claw back more than $240 million from insiders and executives that benefited from FTX's "wildly inflated" acquisition of stock-clearing...

NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test

Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published...

Use private sector more for NHS patients – Labour

The party says fewer people would be waiting if the government had maximised use of private clinics. www.bbc.co.uk

Markey blasts decision to host climate summit in UAE

Sen. Ed Markey (D-Mass.), who sponsored the Green New Deal, told the POLITICO Energy Summit that the UAE’s deep ties to the fossil fuel...

US Dollar Eyeing Best 2-Week Performance Since September, Eyes on Resistance

US Dollar, DXY, Debt Ceiling Deal Bets, Jobless Claims – Briefing:US Dollar on course for best 2-week gain since SeptemberDebt ceiling deal bets, jobless...

US Dollar Eyeing Best 2-Week Performance Since September, Eyes on Resistance

US Dollar, DXY, Debt Ceiling Deal Bets, Jobless Claims – Briefing:US Dollar on course for best 2-week gain since SeptemberDebt ceiling deal bets, jobless...

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