China News
News Explorer — China Sentences Former Party Official to Life Imprisonment for Corrupt Activities in Crypto Mining
China Sentences Former Party Official to Life Imprisonment for Corrupt Activities in Crypto Mining A former Chinese party official, Yi Xiao,...
News Explorer — China Is Taking Its Social Credit System to the Metaverse: Report
China Mobile, a state-owned telecom firm, has proposed creating a Digital Identity System to bring its controversial social credit system to...
US Futures, Global Stocks Rebound Even As Yields Jump
US equity futures and global stocks are solidly higher to start the new week after a bruising August so far for investors, whose attention n...
Bitcoin: All factors leading up to the worst decline of 2023
The crash was a reflection of the market’s insecurity that spot Bitcoin ETF approvals in the United States might not be immediate. The his...
Worst Week For Stocks Since Banking Crisis; Bonds, Bitcoin, & Bullion Battered
Aggressive interventions by Chinese authorities were a notable theme on the week (strong-arming funds not to sell stocks, tapping banks on t...
Futures Tumble On OpEx Day As Global Markets Close Worst Weekly Rout Since March
After another very weak session in the US which saw the S&P500 and Nasdaq close lower by -1.2% and -1.1% respectively, with the S&P ...
Negative sentiment continues & Bunds bid; Earning from Estee Lauder due – Newsquawk US Market Open
European bourses are once again on the backfoot as the downtrend in the equity space continues without much in the way of fresh drivers. US ...
Real reason for China’s war on crypto, 3AC judge’s embarrassing mistake: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. On Aug. 11, a Chinese individual known only ...
Hong Kong’s crypto stance: Execs weigh in on Web3 in the region
The Chinese special administrative region of Hong Kong is aiming to become a leading crypto hub, as the region started to promote the develo...
Filecoin (FIL) Miners Charged by Chinese Authorities in Alleged $83,000,000 Scheme
A Filecoin (FIL) mining company is facing charges from Chinese authorities over allegations of running an $83 million pyramid scheme. Accord...
Cava shows a profit in first earnings report since IPO
Mediterranean fast-casual chain Cava (CAVA) reported a profit in its first earnings report release since the company’s IPO in June. Sa...
European bourses mixed, DXY softer, NZD bid following RBNZ; FOMC Minutes due – Newsquawk US Market Open
European bourses trade mixed after opening after shrugging off mild broad-based opening losses with no obvious catalyst behind the move at t...