Search Results for: IPO
Oil rises $2 as dollar eases, market wary of Fed
July 26th, 2022
Oil prices rose about $2 on Monday, bolstered by supply fears, a dip in the U.S. dollar and early strength in equity markets, but prices seesawed as some worried fuel demand could weaken if the Federal Reserve raises U.S. ...
Cryptocurrencies combined are now worth more than Apple
April 15th, 2021
The cryptocurrency market is now worth more than the world’s most valuable company. It comes after record-breaking price climbs for three of the largest cryptocurrencies on Tuesday, just a day before the initial public offering (IPO) of one of ...
Lebanon to launch digital currency in 2021, central bank governor says
November 16th, 2020
The plan as part of a broader effort to fight a parallel economic and financial crisis that has engulfed the country, according to CoinTelegraph. The country’s central bank has been pondering over the idea of a state-run digital currency ...
Cryptocurrency to get pan-European legal framework
August 24th, 2020
In the fall, the EU Commission is set to complete its work on digital finance, and the result will be a clear definition for cryptocurrency in European law. “Lack of legal certainty is often cited as the main barrier ...
Crypto trading volumes plummeted in June, but Altcoins are moving up
July 14th, 2020
This week the price of Bitcoin (BTC) started trading around $9,200 and quickly moved up to $9,450. A potential rally was rejected close to $9,500 and BTC’s price then moved back down to $9,150, but it has since recovered ...
Dollar dips, set for smallest annual gain in six years; The Euro rose
December 30th, 2019
The dollar was on the defensive on Monday in light year-end trading after suffering a setback in the previous session, as safe-haven demand for the greenback waned on hopes of a U.S.-China trade deal and renewed optimism about global ...
Airbnb cannot be treated as a real estate agency – European Court of Justice
December 27th, 2019
The European Court of Justice, Europe’s top court,delivered Airbnb a major victory as the company readies for its public debut next year. Airbnb cannot be treated as a real estate agency by European regulators, the European Court of Justice ...
Oil markets are one outage away from crisis
September 23rd, 2019
The supply disruptions in the oil market may not be over, despite volatility and prices easing in the days after the Abqaiq attack. The repairs at the Abqaiq processing facility are on an extremely tight timetable. According to Bloomberg, ...
European stocks jump as ECB launches new stimulus plan
September 12th, 2019
European stocks rallied after the European Central Bank (ECB) announced a massive new bond-buying program Thursday in a bid to stimulate the ailing euro zone economy. The central bank’s quantitative easing program will entail 20 billion euros per month ...
A Southeast Asian currency is set to Top 2018’s Emerging-Market list
December 13th, 2018
Having a strong buffer in times of stress does pay off. Just look at the baht. The Thai currency has declined 0.3 percent to 32.672 against the dollar this year as of 1:11 p.m. in Bangkok, the best performance ...
