Oil prices fell on Thursday due to weaker economic growth data from the United States and ongoing negotiations for a ceasefire in the Middle East. Despite a drop in U.S.…
Alice
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Stocks continued to decline on one of the busiest days of the earnings season. Investors reacted to disappointing results from Microsoft Corp. and Meta Platforms Inc., along with economic data…
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Hong Kong’s securities regulator has relaxed its guidelines for market sounding practices after receiving feedback from the hedge fund and banking sectors. The updated rules will take effect on May…
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MicroStrategy Reports Third Consecutive Quarterly Loss Due to Bitcoin Impairment Charge
by Aliceby AliceMicroStrategy Inc. has posted its third consecutive quarterly loss, primarily due to an impairment charge on its substantial Bitcoin holdings. The company has a cryptocurrency stockpile valued at approximately $18…
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On October 30, BlackRock’s spot Bitcoin ETF, known as IBIT, achieved a remarkable milestone. The fund recorded the largest single-day inflow since its launch in January, amassing $875 million. This…
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Nishad Singh, the former chief engineer of the now-defunct FTX cryptocurrency exchange, is scheduled to be sentenced on Wednesday for his involvement in the theft of approximately $8 billion in…
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ILO Report Highlights Advances in Digitalization of Employment Injury Insurance in Asia
by Aliceby AliceTransformative Potential of Digital Tools A recent report from the International Labour Organization (ILO) highlights the significant impact of digital tools in enhancing access to employment injury insurance (EII) in…
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Global demand for gold has reached a historic high, both in terms of value and weight. The World Gold Council (WGC) reported that in the third quarter of this year,…
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EPPO Seizes Properties Linked to Vocational Training Fraud In Milan, Italy, the European Public Prosecutor’s Office (EPPO) has initiated an investigation into a significant embezzlement case involving €1 million in…
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Oil Market Update U.S. crude oil prices fell on Tuesday, following the largest daily loss in two years. This week, oil prices have sharply decreased as geopolitical tensions in the…