Featured Archives • Page 815 of 1278 • Financial News

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SoftBank deals hit record low, sapping funding for startups

SOFTBANK Group’s new startup bets hit a record low last quarter as valuations continued to slide, chilling an already frosty startup winter.

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Traders bet BOE will cut rates before year-end to shore up economy

TRADERS are betting that the Bank of England (BOE) will reverse course and cut its key interest rate later this year to shore up a flagging economy.

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Dollar edges higher as traders await Fed decision

THE dollar ticked up on Wednesday (Jan 25) in subdued trading as investors looked towards the Federal Reserve’s policy decision next week, while the euro traded just below a nine-month high.

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Thailand raises key rate by a quarter-point as tourism rebounds

THAILAND increased its benchmark interest rate by 25 basis points for a fourth straight meeting to ward off inflation as the economy gathers momentum from the rebound in tourism.

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Thailand central bank raises key rate by a quarter-point as expected

Thailand’s central bank raised its key interest rate by 25 basis points for a fourth consecutive meeting on Wednesday, as it attempts to curb high inflation even as the return of Chinese tourists brightens the country’s economic growth prospects.

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Bitcoin eyes first two-day drop of 2023 as Microsoft dents mood

BITCOIN is flirting with its first back-to-back drop since the start of the year following a poor revenue outlook from technology bellwether Microsoft that dented wider investor sentiment.

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Binance moved US$346m for seized crypto exchange Bitzlato, data show

CRYPTO giant Binance processed almost US$346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine”, blockchain data seen by Reuters show.

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Binance moved US$346m for seized crypto exchange Bitzlato, data shows

CRYPTO giant Binance processed almost US$346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine”, blockchain data seen by Reuters show.

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Green bond sales from automakers could double in global EV push

AUTOMAKERS looking to fund their transition to electric vehicles (EV) could potentially borrow about US$28 billion in green bonds globally this year, double the amount raised by the sector last year, according to Bloomberg Intelligence (BI).

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Celsius may issue a bankruptcy crypto token to pay creditors

CELSIUS Network is considering issuing a new digital-asset token to repay creditors as part of a proposal to reorganise and exit bankruptcy as a regulated crypto platform, the company said in court on Tuesday (Jan 24).

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