Lifestyle
Bitcoin, Ether slide as risk aversion spreads to crypto market
ETHER, the second-largest token, paced a drop in digital assets following a slump in equities that spread unease in global markets.Ether slid about 6 per cent, the most in...
Mt Gox creditors get crypto repayments after decade of waiting
MT GOX creditors are receiving a portion of the roughly US$8 billion worth of cryptocurrency they have been owed since a hack drove the Tokyo-based exchange into bankruptcy a...
Gold little changed as traders brace for US data
GOLD prices were little changed on Thursday (Jul 25) as investors waited for US economic data to gauge the timing of the central bank’s interest rate cuts.Spot gold was...
US spot ether ETFs see net inflows of US$106 million on first day
THE nine exchange-traded funds (ETFs) tied to the spot price of ether, the world’s second-largest cryptocurrency, scooped up net inflows of US$106 million on Tuesday (Jul 23) as they...
Apac distressed credit and infrastructure top MSCI private asset Q1 performance rankings
DISTRESSED credit and infrastructure were the best-performing asset classes among Asia-Pacific private capital funds in Q1, according to data collated by MSCI.Pooled quarterly returns for distressed private credit hit...
China banks trim deposit rates to bolster record-low margins
INDUSTRIAL & Commercial Bank of China (ICBC) and Agricultural Bank of China lowered rates on some deposit products, easing pressure on profit margins following earlier cuts to lending rates.ICBC...
Ford profits tumble on higher costs, hitting shares
FORD shares tumbled on Wednesday (Jul 24) after the automaker reported lower than expected profits on higher costs connected to product launches and warranty repairs for older model vehicles.Profits...
Michelin’s half-year operating margin increases despite instability in Europe
FRENCH tyre maker Michelin reported a 4.2 per cent drop in half-year sales on Wednesday (Jul 25), slightly below analysts’ expectations, citing an unstable economic environment in Europe and...
