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Bitcoin Down Sharply From Record Highs As Year Draws To Close
Gold Bitcoins are seen in the window of a Bitcoin and cryptocurrency exchange office in Istanbul, Turkey. Chris McGrath/Getty Images Bitcoin‘s surge in valuation after Donald Trump‘s election win has…
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Jeju Air shares slump to record low after deadly plane crash
SHARES of South Korean budget carrier Jeju Air hit their lowest on record on Monday (Dec 30), after the country’s deadliest air crash killed 179 people. Jeju Air shares traded…
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China’s record dividend payout intensifies pressure on the yuan
China’s ambitious campaign to revive its flagging stock market has made the yuan an unintended casualty, with record dividend payouts leading to outflows. Interim dividends paid by Hong Kong-listed Chinese…
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NASA’s Parker Solar Probe sets record for getting dangerously close to Sun
IANS NASA’s Parker Solar Probe has etched its name in the annals of space exploration by becoming the first human-made object to venture dangerously close to the Sun. Launched in…
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Singapore’s container throughput hits over 40 million TEUs in 2024, breaks record
THE box throughput handled by the Singapore port in 2024 surpassed 40 million twenty-foot equivalent units (TEUs), exceeding its record of 39 million TEUs in 2023. The exact volume of…
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Japan Govt Approves Record Budget For Ageing Population, Defence
Japan’s government on Friday approved a record budget for the next fiscal year, ramping up spending on social welfare, as the population ages, and defence to tackle regional threats. The…
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Record Number Of Migrants Lost At Sea Bound For Spain In 2024: NGO
At least 10,457 migrants died or disappeared while trying to reach Spain by sea in 2024, an NGO said Thursday, more than 50 percent more than last year and the…
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China’s wild markets send Hong Kong derivatives to third record year
FOR a third year in a row, trading of derivatives in Hong Kong has hit a record. More than 377 million futures and options have changed hands on the city’s…
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TSMC shares touch record high, eyeing best year since 1999 on AI
TAIWAN Semiconductor Manufacturing Company (TSMC) shares touched a record high, as the world’s largest contract chipmaker is poised to cap its best annual stock performance in 25 years. The stock…
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Bitcoin momentum ebbs heading into last stretch of record year
BITCOIN is flagging in the last leg of a record-breaking year. The digital asset changed hands at about US$94,500 early on Tuesday (Dec 24) in Asia, roughly US$14,000 below the…
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Chinese investors buy record amount of Hong Kong stocks via link
MAINLAND Chinese investors snapped up a record amount of Hong Kong stocks as they ramped up exposure to risk assets in the city amid a revival of animal spirits and…
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China’s LGFVs raise record dim sum debt as domestic curbs bite
CHINESE local government financing vehicles (LGFVs) are selling an unprecedented amount of offshore yuan bonds, skirting attempts made by Beijing to reduce their debt sales. LGFVs have raised 163.6 billion…
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Bitcoin retreats from record high after US Fed cools risk appetite
BITCOIN fell for the first time in four days with speculative bets being pared across financial markets after US Federal Reserve officials suggested greater caution over how quickly they can…
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Biden Grants Clemency To 1,500 Individuals In Single Day Record
President Joe Biden commuted the sentences of around 1,500 individuals on Thursday and pardoned 38 people convicted of non-violent crimes. AFP President Biden is commuting the sentences of about 1,500…
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Asian Markets Fluctuate After Wall St Record; Eyes On China
Equities swung in Asian trade Thursday following another record day on Wall Street fuelled by inflation data that reinforced expectations for a US interest rate cut next week, while traders…