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Bank of America clinches record number of patents with AI, information security in focus
BANK of America (BOA) secured a record 644 United States patents in 2023, up 13 per cent from the previous year, as the lender focused on information security, artificial intelligence…
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Europe: Tech, financials steer Stoxx 600 to record high; rate verdict awaited
EUROPE’S main equity index hit an all-time high on Wednesday, boosted by tech and financial shares, while investors took stock of Federal Reserve Chair Jerome Powell’s Congressional testimony a day…
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BlackRock’s Bitcoin ETF draws record influx as coin tops US$69,000
INVESTORS dumped a record amount of cash into BlackRock’s Bitcoin ETF while the cryptocurrency surged to an all-time high. The iShares Bitcoin ETF (ticker IBIT) pulled US$788.3 million on Tuesday…
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UK to offer record £800 million support for offshore wind farms
BRITAIN will offer record support for new offshore wind farms in an upcoming auction as the government tries to make up ground after the process failed to draw any bidders…
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Gold slips from record peak but holds above US$2,100 ahead of Powell testimony
GOLD prices edged lower on Wednesday (Mar 6) but held above the US$2,100 an ounce level, after rising bets for a June United States interest rate cut propelled bullion to…
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Bitcoin faces ‘sell-the-news’ moment after setting record high
FOR a brief moment, nearly everyone who ever invested in Bitcoin was profitable. Now, with the cryptocurrency retreating from its still fresh record high, all are left to wonder how…
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Gold Hits Record Peak On US Rate Cut Hopes
The price of gold on Tuesday struck an all-time pinnacle, boosted by its haven status ahead of expected cuts to US interest rates amid growing economic gloom. Shortly after 1330…
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Lloyd’s of London insurer Hiscox posts record annual profit, launches new buyback
LLOYD’S of London insurer Hiscox on Tuesday (Mar 5) posted a record annual profit and launched a share buyback as higher interest rates and strength in its commercial business helped…
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India’s Tata Motors hits record high on plan to split into two listed firms
SHARES of Tata Motors, India’s most valuable carmaker, hit a record high on Tuesday (Mar 5), a day after the company said it will split into two listed firms, separating…
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Bitcoin surges past US$68,000, in sight of record high
BITCOIN was perched at a two-year peak on Tuesday (Mar 5) breaking above US$68,600 and stalking the all-time high as money keeps rushing into the largest cryptocurrency by market value.…
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Bitcoin cools below US$67,000, but stays in sight of record high
BITCOIN was perched just below a two-year peak on Tuesday (Mar 5), having jumped to a high above US$68,800 and nearing the all-time high as money keeps rushing into the…
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Gold hits record peak on US rate cut hopes
THE price of gold on Tuesday (Mar 5) struck an all-time pinnacle, boosted by its haven status ahead of expected cuts to US interest rates amid growing economic gloom. Shortly…
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Europe: Stocks hover near record highs at start of busy week
EUROPEAN stocks settled just below all-time highs on Monday, as investors digested strong gains in recent sessions and struck a cautious tone ahead the European Central Bank’s monetary policy meeting this week. The…
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TSMC surges to record high on AI optimism, global chip rally
TAIWAN Semiconductor Manufacturing rose to its highest-ever level, tracking a global rally in chip stocks fuelled by optimism about artificial intelligence. The world’s top chip foundry jumped 5.2 per cent…
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Bitcoin bursts above US$65,000, record high comes into view
BITCOIN rallied to a two-year high on Monday (Mar 4), breaking above US$65,000 as a wave of money carried it within striking distance of record levels. The price hit a…
