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Market Overview - Page 188


Asia-Pacific markets mixed; China says its factory activity expanded in March
Asia-Pacific markets mixed; China says its factory activity expanded in March.

Shares in Asia-Pacific traded mixed on Wednesday as official data showed China’s factory activity growing in March. In Japan, the Nikkei 225 shed 0.63% while the Topix index declined 0.68%. South Korea’s Kospi, on the other hand, rose 0.19%. Mainland.

U.S. joins 13 other nations in criticizing WHO for a lack of transparency in China Covid report
U.S. joins 13 other nations in criticizing WHO for a lack of transparency in China Covid report.

The United States signed on to a joint statement with 13 other nations Tuesday criticizing the World Health Organization’s long-anticipated report on the origins of Covid-19. In a joint statement, the governments of Australia, Canada, the Czech Republic, Denmark, Estonia,.

As Wall Street reels, Archegos’ fire sale raises big questions about regulation
As Wall Street reels, Archegos’ fire sale raises big questions about regulation.

The diverging fortunes of major banks in the fallout from the Archegos Capital Management meltdown raise serious questions for global regulators, experts said. Archegos’ forced liquidation of several of its positions triggered a fire sale of a number of U.S..

PayPal launches crypto checkout service
PayPal launches crypto checkout service.

PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in.

EURGBP looks oversold
EURGBP looks oversold.

The rally of the British Pound against the Euro continues. Despite a relatively moderate amplitude, EURGBP has lost around 6.5% since the start of the year to yesterday’s low at 0.8500. And this is the most sustained and severe decline.

Three-quarters of circulating BTC last changed hands for less than $10,800
Three-quarters of circulating BTC last changed hands for less than $10,800.

Research from on-chain analytics provider Glassnode has found that roughly three-quarters of circulating Bitcoin last moved on the blockchain when prices were below $10,800, suggesting most market participants are long-term holders. Glassnode’s March 29 ‘Week on Chain’ report found that.

Biden targets big offshore wind power expansion to fight climate change
Biden targets big offshore wind power expansion to fight climate change.

The Biden administration on Monday unveiled a goal to expand the nation’s fledgling offshore wind energy industry in the coming decade by opening new areas to development, accelerating permits, and boosting public financing for projects. The plan is part of.

After firing Turkey’s cenbank chief, Erdogan also removes deputy
After firing Turkey’s cenbank chief, Erdogan also removes deputy.

President Tayyip Erdogan removed a central bank deputy governor, Murat Cetinkaya, from his post on Tuesday, 10 days after he fired the bank’s hawkish governor in a shock move that sent the lira down some 13%. Banker Mustafa Duman was.

Oil gains as focus switches to OPEC+ extending output cuts
Oil gains as focus switches to OPEC+ extending output cuts.

Oil prices rose on Tuesday as shipping traffic resumed through the Suez Canal after days on hold and focus turned to an OPEC+ meeting this week where the extension of supply curbs may be on the table amid new coronavirus.

The dollar continues to press its rivals
The dollar continues to press its rivals.

Asian markets are trading flat on Tuesday, with Tokyo and Hong Kong markets at opposite ends of the spectrum. The Topix index is losing around 1%, while the Hang Seng is adding almost as much. However, this fragile equilibrium in.

China bonds set for billions of inflows after FTSE index inclusion
China bonds set for billions of inflows after FTSE index inclusion.

Index provider FTSE Russell gave final approval on Monday for inclusion of Chinese sovereign bonds in its flagship bond index, starting later this year, setting the stage for billions of dollars of inflows into the world’s second-largest economy. The index.

Vaccine passports could prove to be a privacy minefield for regulators
Vaccine passports could prove to be a privacy minefield for regulators.

When the EU announced its plans for a “digital green certificate” this month, the tourism industry breathed a sigh of relief that maybe summer could be salvaged. Since the onset of the coronavirus pandemic, the concept of a “vaccine passport”.

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