Economy

Economy
Economy

Real Finance unveils ‘REAL Competition’ with $20,000 in rewards

Real Finance has announced the launch of the REAL Competition, a community rewards campaign aimed at encouraging participation across the $ASSET ecosystem. The competition will offer up to $20,000 in USDC rewards to top participants, along with an additional raffle prize pool that gives more community members a chance to win. The competition features a

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Economy

Amazon achieves water positive status in India amid data centre scrutiny

Amazon has announced that it has become water positive in India, achieving a key sustainability target ahead of schedule as scrutiny grows over the environmental impact of expanding data centre infrastructure worldwide. The company said it now returns more water to communities than it uses across its direct operations in India, including corporate offices, fulfilment

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Economy

WhiteBIT EU secures MiCA license in Austria

WB-Shield Innovations GmbH, operating as WhiteBIT EU, announced today that it has obtained authorization under the Markets in Crypto-Assets Regulation (MiCA) in Austria. The authorization was granted by the Austrian Financial Market Authority (FMA).  The Austrian authorization marks a key step in WhiteBIT’s European growth strategy and underscores WhiteBIT EU’s commitment to operating within a

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Economy

Micron earnings to test AI chip demand as investors eye market rally

Investors are turning their attention to Micron Technology’s upcoming earnings report for clues on whether the artificial intelligence-driven rally in the US stocks can sustain its momentum. While major US stock indexes remain close to record highs despite a sharp mid-week selloff, markets have continued to draw support from strong corporate earnings linked to the

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Economy

UK markets cautious as political and geopolitical risks mount

UK equities were largely unchanged on Friday as the cancellation of US-Iran peace talks in Switzerland dampened investor sentiment and kept risk appetite subdued. Gains in energy and healthcare stocks, however, helped limit broader market losses. The benchmark FTSE 100 index slipped 5.40 points, or 0.05%, to 10,394.30 by 0948 GMT. The domestically focused FTSE

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Economy

Cathie Wood buys more Tesla, cuts Roku as ARK doubles down on AI

Cathie Wood’s ARK Invest increased its exposure to Tesla and Snowflake on Thursday while continuing to trim its position in Roku, according to the firm’s latest daily trading disclosures. The moves underscore ARK’s continued focus on artificial intelligence, cloud software, and long-term technology themes even as market volatility persists around some of its biggest holdings.

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Economy

Mukesh Ambani reveals Jio listing plans amid record Reliance earnings

Reliance Industries Chairman Mukesh Ambani announced a series of major developments at the company’s annual general meeting, led by plans to list Reliance Jio platforms in what could become one of India’s largest initial public offerings, while also outlining ambitious expansion plans across artificial intelligence, retail, and new energy. The proposed listing aimed at unlocking

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Economy

Gold price jumps after brutal selloff, but this rebound has a catch

Gold rose on Thursday as traders moved back into bullion after a sharp sell-off, helped by weaker oil prices and a calmer inflation backdrop following the release of a US-Iran interim agreement. Spot prices climbed more than 1%, reversing part of Wednesday’s decline, as crude fell on hopes that energy flows through the Strait of

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Economy

Dollar strength persists on rate hike expectations, yen retreats

The US dollar remained close to a more than two-month high on Thursday as markets continued to price in the possibility of further monetary tightening from the Federal Reserve, despite an interim agreement between the United States and Iran that eased some geopolitical concerns. The Federal Reserve kept interest rates unchanged within a 3.50%-3.75% range.

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Economy

Silver price rebounds near $69, but the chart still has a warning sign

Silver rose in Asian trade on Thursday, but the move looked more like a cautious recovery than the start of a clean breakout. XAG/USD traded near $69.15 an ounce as lower oil prices eased inflation concerns following the US-Iran interim agreement. The metal drew support from the broader precious-metals rebound, with gold also recovering after

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