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Market Overview - Page 208


Singapore sets aside over $8 billion in 2021 budget for new Covid support package
Singapore sets aside over $8 billion in 2021 budget for new Covid support package

The Singapore government on Tuesday announced a new fiscal package worth 11 billion Singapore dollars ($8.3 billion) to support Covid vaccination efforts and economic segments hit hard in the pandemic. Finance Minister Heng Swee Keat, in his annual budget speech,.

A dangerously thin demand for risk
A dangerously thin demand for risk

The Asian markets that continue to operate are mostly growing today, pointing to a 12th consecutive trading session of global equities gains. Asia’s Nikkei225 is moving further into the region of 31-year highs above 30,000. However, this is happening on.

Bitcoin Miners Posted $354M in Revenue Last Week, Breaking Record From 2017
Bitcoin Miners Posted $354M in Revenue Last Week, Breaking Record From 2017

Mining revenue growth was helped by the leading cryptocurrency’s performance last week following a string of positive developments, culminating in bitcoin (BTC, -1.2%) hitting new record highs over the weekend just below $50,000. “Despite decreasing block reward, mining revenue on.

$1.89B liquidated: Why did Bitcoin and ETH price correct sharply overnight?
$1.89B liquidated: Why did Bitcoin and ETH price correct sharply overnight?

In the last 24 hours, $1.89 billion worth of futures positions have been liquidated after Bitcoin (BTC) and Ether (ETH) sharply fell, with BTC reaching below $46,000 on Binance. Most of the liquidations came from Bitcoin and Ether, which accounted.

Eurozone mulls stimulus calibration when economy restarts after COVID
Eurozone mulls stimulus calibration when economy restarts after COVID

Euro zone finance ministers are holding initial talks on Monday on when and how the expected pick up in economic activity, and the lifting of pandemic lockdowns, should affect the amounts of cash governments now pump into the economy to.

Global shares hit fresh peak, oil up on Middle East tensions
Global shares hit fresh peak, oil up on Middle East tensions

Global shares rose for the 11th day in a row to reach a fresh peak on optimism about the rollout of COVID-19 vaccines and new fiscal aid from Washington, while tensions in the Middle East drove oil to a 13-month.

Israeli study finds 94% drop in symptomatic Covid-19 cases with Pfizer vaccine
Israeli study finds 94% drop in symptomatic Covid-19 cases with Pfizer vaccine

Israel’s largest healthcare provider on Sunday reported a 94% drop in symptomatic Covid-19 infections among 600,000 people who received two doses of Pfizer’s vaccine in the country’s biggest study to date. Health maintenance organization (HMO) Clalit, which covers more than.

Russia open to Musk’s offer of a conversation with Putin via Clubhouse, seeks further details
Russia open to Musk’s offer of a conversation with Putin via Clubhouse, seeks further details

Russia hasn’t ruled out the idea of President Vladimir Putin talking to Tesla billionaire Elon Musk on social media app Clubhouse, according to multiple media reports. Kremlin spokesperson Dmitry Peskov on Monday told reporters that the proposal was “interesting” but.

Japan’s Nikkei 225 crosses 30,000 for first time in more than three decades; Asia-Pacific stocks rise
Japan’s Nikkei 225 crosses 30,000 for first time in more than three decades; Asia-Pacific stocks rise

Stocks in Asia-Pacific rose on Monday, with multiple markets in North Asia closed for Lunar New Year holidays. In Japan, the Nikkei 225 surged past the 30,000 level for the first time in more than 30 years, according to data.

Draghi has changed Italy’s political landscape ‘dramatically,’ experts say
Draghi has changed Italy’s political landscape ‘dramatically,’ experts say

New Italian Prime Minister Mario Draghi is already transforming the political scene in Rome and causing stock markets to surge. In the wake of fresh political chaos, the former European Central Bank president was called upon to become Italy’s new.

BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin’s history
BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin’s history

According to data from Glassnode, Bitcoin (BTC) miners made over $4 million in just under an hour on Feb. 12, making it the biggest hourly revenue in history. In May 2020, Bitcoin underwent the third block reward halving in its.

European shares dip
European shares dip

World shares dipped on Friday as investors awaited progress towards more U.S. fiscal stimulus, while the dollar was set for a weekly loss and cryptocurrency Bitcoin hit a record high. European shares fell at the start of trading, with the.

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