During the recent price drop, only a few cryptocurrencies have managed to resist a massive decline, and SUI, the native token of the Sui blockchain, is one of them. The asset’s daily chart shows that SUI has remained above the crucial support level of $3 and the 200 Exponential Moving Average (EMA). Based on recent […]
The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by 3.34 million barrels for the week ending February 14. Analysts had expected a 2.2-million-barrel build. This adds to the almost 18 million barrels of builds in U.S. crude oil inventories during the last four weeks, including a 9 million barrel […]
A look at the day ahead in European and global markets from Ankur Banerjee A bevy of tariff headlines this week along with geopolitical worries has left investors wary and weary, taking stocks lower in Asian hours, gold to a record peak and the yen to its highest in over two months as sentiment remains […]
Sudan and Iran have agreed to enhance bilateral relations through strengthened cooperation in trade, diplomacy, and post-war reconstruction, Sudan’s state news agency reported on Tuesday. Sudanese Foreign Minister Ali Yusuf met with his Iranian counterpart, Abbas Araghchi, in Tehran on Monday to discuss ways to expand ties and establish a structured plan for long-term collaboration, according […]
HSBC Holdings, the biggest commercial lender in Hong Kong, on Wednesday reported 2 per cent profit growth for 2024, as gains from its wealth-management business and cost savings from restructuring offset the impact of interest-rate cuts. Net profit rose 2.2 per cent to US$22.9 billion or US$1.25 per share from US$22.4 billion a year earlier, […]
Binance, one of the world’s largest cryptocurrency exchanges, is shaking up its trading platform once again. The exchange has announced the removal of five spot trading pairs as part of its regular market review. This change, set to take effect on February 21, 2025, at 03:00 (UTC) where applicable, is aimed at keeping the platform efficient and user-friendly. According […]
This represents a 26.4 percent year-on-year (YoY) increase when compared with $14.83 billion recorded in the corresponding period of 2023. Breakdown of the Central Bank of Nigeria, CBN, Monthly Economic Report for the review period showed that exports fell by 1.98 percent YoY to $51.18 billion from $52.23 billion in the same period of 2023. […]
A little-known biotech company stunned the industry last spring when Summit Therapeutics announced its experimental cancer drug showed greater effectiveness than Merck’s Keytruda. The drug was licensed from Chinese company Akeso Inc., highlighting a growing trend of U.S. companies sourcing breakthrough medicines from China. Almost 30% of Big Pharma deals with at least $50 million […]
The 23rd China International Fair for Investment and Trade (CIFIT) will take place in Xiamen, Fujian Province in southeast China, from September 8 to 11. Since the first CIFIT was launched in the city in 1997, the event has become one of the most influential international investment events in the world. Around 1, 000 business […]
(Jonathan Brady/PA) (PA Archive) Nationwide cut rates on its mortgages hours after a top Bank of England policymaker indicated that the bank’s interest rates may be cut but will remain high for a long time Once again cut. Nationwide slashed rates on its mortgages once again, hours after a top Bank of England policymaker indicated […]