WASHINGTON (Reuters) -Bitcoin hit a record high above $107,000 on Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve, stoking the enthusiasm of crypto bulls. WHAT IS A STRATEGIC RESERVE? A strategic reserve is a stock of a critical resource which can be released at times of crisis or supply disruptions.
(Bloomberg) -- Fund managers have been reducing cash holdings to a record low and pouring money into US stocks, triggering a metric that Bank of America Corp. says could be a signal to sell global equities. Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next YearCash as a percentage of total assets under management dropped to 3.9% in December, a move that in the past has been follo
Old-school power companies have become darlings among hedge-fund firms thanks to their starring role in the artificial-intelligence boom.
The software company's potential addition to the S 500 index could be an even larger opportunity in the medium-term, the report said.
Here is a 2-minute breakdown of everything important that happened in crypto today.
Bitcoin and other cryptocurrencies have been catapulted into the spotlight as investors bet Trump will bring a friendlier regulatory environment.
This property is strategically located within walking distance of Candolim and Moterio beaches.
Flagship stores in Panama in 2025 will be followed by a series of openings across the region.
New World Development (NWD) can't seem to catch a break. Two rounds of top management shake-up to tackle its debt load and the loss of blue-chip stock status are threatening to spiral into a crisis of confidence. The stock slumped 1.2 per cent on Tuesday to HK$5.65, bringing the losses this year to more than 50 per cent while the benchmark Hang Seng Index advanced 17 per cent. The highly indebted developer is said to have sent out a letter to its bank lenders, seeking a waiver on loan conditions
Bourse operator Hong Kong Exchanges and Clearing (HKEX) is set to reduce the minimum swing for stock prices by up to 60 per cent, in a move to bolster liquidity and transactions in Asia's third-largest capital market. The reduction of the minimum price change, which determines the tightest bid-ask spread allowed, will encourage smaller trades. It will apply to equities, real estate investment trusts and other applicable securities - excluding debt securities, exchange-traded options and products
