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Cryptoverse: Bitcoin miners get stuck in a bear pit
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Spare a thought for the beleaguered bitcoin miner. In late 2021, miners were the toast of the town with a surefire path to profit: hook powerful c...
Syndicated Content Sep 27, 2022
Marketmind: A BoE Bitter Pill?
A look at the day ahead in European and global markets from Tom Westbrook Sterling has bounced 4.5% from Monday's record low in a manner almost as unsettling as its plunge. Support is being drawn from...
Syndicated Content Sep 27, 2022
Analysis-Whipsawed forex traders say currency moves ‘remarkable’, resemble casino
By Saqib Iqbal Ahmed, Carolina Mandl and Dhara Ranasinghe NEW YORK/LONDON (Reuters) - Trading in tumultuous foreign exchange markets is akin to being in a casino right now, according to some traders n...
Syndicated Content Sep 26, 2022
U.S. whistleblowers aiding migrant children feared retaliation -watchdog
By Ted Hesson WASHINGTON (Reuters) - U.S. government workers feared retaliation for raising concerns last year about the treatment of unaccompanied migrant children on a Texas military base, where chi...
Syndicated Content Sep 26, 2022
Bitcoin bounces above $20,000 for first time in about a week
SYDNEY (Reuters) - Bitcoin broke above $20,000 on Tuesday for the first time in about a week, as cryptocurrencies bounced, along with other risk-sensitive assets, in Asian trade. The biggest cryptocur...
Syndicated Content Sep 26, 2022
Runaway dollar pauses for breath as bears stalk stocks
By Xie Yu HONG KONG (Reuters) - Asian markets attempted to stabilise on Tuesday after a wild few days of stumbling stocks, crumbling bonds, a plunging pound and soaring dollar, with the dollar easing ...
Syndicated Content Sep 26, 2022
Grab expects to break even in its digibank operations by 2026
SINGAPORE (Reuters) - Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, expects to break even in its digibank operations by 2026, Chief Financial Officer Peter Oey told ...
Syndicated Content Sep 26, 2022
Crypto exchange FTX to acquire bankrupt Voyager’s assets
(Reuters) - Bankrupt crypto lender Voyager Digital said on Monday crypto exchange FTX has won an auction for its assets, in a bid valued at about $1.42 billion. FTX's bid comprises of a fair market va...
Syndicated Content Sep 26, 2022
World Bank forecasts Thai GDP growth at 3.1% this year
BANGKOK (Reuters) -Thailand's economy is expected to grow 3.1% this year, higher than a forecast in June of 2.9%, supported by private consumption and exports, the World Bank said on Tuesday. However,...
Syndicated Content Sep 26, 2022
World Bank cuts 2022 East Asia growth outlook, cites China slowdown
MANILA (Reuters) - Economic growth in East Asia and the Pacific will weaken sharply in 2022 due to China's slowdown, but the pace of expansion will pick up next year, the World Bank said on Tuesday. T...
Syndicated Content Sep 26, 2022
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