World’s largest wealth fund slashes exposure to emerging markets
The world's biggest sovereign wealth fund is minimizing its position in emerging markets.
According to its finance ministry, Norway's $1 trillion sovereign wealth fund is set to cut down its $300 billion fixed-income portfolio by...
Currency manipulator designation sends market into a tailspin
In a rare move, the United States Treasury has officially labeled China as a currency manipulator, a move that could have unforeseen impacts on global markets.
The U.S. Treasury Department officially labeled China a currency...
Introducing Libra: Facebook’s long-awaited dive into cryptocurrency
Facebook has finally revealed the white paper for its long-awaited dive into the cryptocurrency realm with the introduction of the Libra.
On Tuesday morning, Facebook released the details of its cryptocurrency Libra, which will allow...
Dollar takes a hit as trade war woes worsen
The U.S. dollar is revealing weakness at the start of the week, as investors bet on a dovish Fed and disappointing financial growth.
The U.S. dollar fell versus all the notable currencies other than the...
Bitcoin Is Taking The Corporate World By Storm
Bitcoin may still be shy of its record high of $20,000 in 2017, but its pandemic-time recovery is making it popular among large companies.
The king of cryptocurrency has witnessed strong growth this year, record...
Can bitcoin return to its roots?
Bitcoin underwent a sort of transformation in 2018…
Consider it the awkward teenage years of the burgeoning crypto space.
Cryptos stumbled, struggling to find its place in the world. And regulators, officials and traditional economists didn’t...
Bitcoin prices fall below key support level
Bitcoin prices are down over a percent on the day, trading around $3,960 range, according to CoinMarketCap.
Some experts believe that if Bitcoin fails to stabilize above $4,000, a further drop could be expected as...
Gold falls below $1,300 as the dollar rebounds
Gold crept upward slightly over the weekend in its path to a second quarterly rise as the dollar fell slightly on lukewarm U.S. financial data.
U.S. consumer spending rose less than forecasted in January and earnings...
Hong Kong intervenes to protect dollar peg
Hong Kong is rushing to intervene as the country's currency inches alarmingly near to unhinging from its USD peg.
This month alone, the Hong Kong Monetary Authority has invested HK$ 7.4 billion (US$ 1 billion)...
Three cannabis trends investors can’t ignore
It doesn't seem that long ago when cannabis was seen merely as the feel-good drug of choice for kids aiming to blow off steam. But over time, after countless studies on the plant, its...
