Currency markets

Bitcoin climbs past $59,000 as rally continues ahead of halving event

Barbara Terrio

Published: Feb. 28, 2024 at 4:53 a.m. ET The price of bitcoin surged past $59,000 on Wednesday, touching levels not ...

China Lunar New Year holiday travel spending surpasses pre-Covid levels

Barbara Terrio

Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images China’s ...

Asian currencies that will benefit the most from the Fed’s rate cuts

Barbara Terrio

The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, ...

Evergrande’s liquidation crisis won’t be China’s Lehman moment: Leland

Barbara Terrio

China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub ...

Singapore’s central bank leaves policy unchanged in first quarterly meeting of 2024

Barbara Terrio

The Merlion statue in Singapore, on Tuesday, Jan. 3, 2023. Photographer: Lionel Ng/Bloomberg via Getty Images Lionel Ng | Bloomberg ...

China property stocks jump as Beijing takes steps to boost liquidity in the beleaguered sector

Barbara Terrio

A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec 15, 2023. CFOTO | ...

After Bitcoin ETFs, watch for the next most popular crypto to go the same route

Barbara Terrio

After long-awaited spot bitcoin exchange-traded funds made their debut this week, investors are now weighing the prospects of eventual approval ...

Zhongzhi latest casualty of China’s deepening debt and property crisis

Barbara Terrio

HANGZHOU, CHINA – NOVEMBER 15, 2023 – An aerial photo shows a new property under construction in Hangzhou City, Zhejiang ...

Fed should cut rates at least 5 times next year, portfolio manager says

Barbara Terrio

The Fed is behind the curve when it comes to cutting rates, said Paul Gambles, managing partner at MBMG Group. ...

NewEdge Wealth sees record rush intensifying

Barbara Terrio

The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year ...

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