Crypto mining hardware maker Canaan Inc. has received a warning from Nasdaq after its share price fell below the exchange’s minimum requirement, putting the company at risk of delisting unless it can regain its stock price within the next six months.The Nasdaq contacted Canaan on Wednesday to notify the company…
Asian markets retreated at the start of the week as renewed trade tensions between the US and Europe rattled investors, while fresh data underscored slowing momentum in China’s economy. Sentiment was further shaped by surging safe-haven assets, warnings of a deepening global memory-chip shortage from Micron Technology, and the European…
The past year has produced an unusual sight in global trade, mainly due to Trump’s protectionist policies.And just like that, agreements that had been stalled for a decade or more are suddenly moving fast, while countries that once relied on the US to anchor the system are spending political capital…
Asian markets retreated at the start of the week as renewed trade tensions between the US and Europe rattled investors, while fresh data underscored slowing momentum in China’s economy. Sentiment was further shaped by surging safe-haven assets, warnings of a deepening global memory-chip shortage from Micron Technology, and the European…
The CAC 40 and DAX Index futures plunged by over 1% in the futures market as a conflict between the United States and Europe escalated during the weekend. The German DAX, which tracks the biggest companies in the country, retreated to €25,122 from its all-time high of €25,470. Similarly, the CAC…
UK government bonds offering minimal interest but favourable tax benefits are seeing a surge in demand. Investors are shifting into short-term, low-coupon gilts before billions of pounds are expected to return to the market from retail holders.Trading volumes climbed late last week, with these gilts outperforming other debt as investors…
Apple Inc. reclaimed the top position in China’s smartphone market during the holiday quarter, buoyed by a sharp rebound in iPhone shipments even as a deepening shortage of memory chips weighed on the broader industry.According to data from Counterpoint Research, Apple’s iPhone shipments in China rose 28% in the December…
Financial markets in Japan are reacting swiftly to growing speculation of a major tax shift ahead of an expected early election. While government bond yields are spiking over fiscal concerns, investors are pouring into food-related shares. The anticipated move to reduce or even scrap the sales tax on food has…
The FTSE 100 Index held steady near its all-time high of £10,250 as the recent bull run stalled amid a new tariff war between the US and the UK. It was trading at £10,200, up by 35% above the lowest level in April last year. It has jumped by 3%…
US spot bitcoin exchange-traded funds recorded their strongest weekly inflows in more than three months last week, underscoring renewed institutional demand even as the broader crypto market turned sharply lower at the start of this week amid escalating geopolitical tensions.According to data from SoSoValue, US spot bitcoin ETFs attracted a…