Hints and tips:
Related Special Reports
...According to the CBO, the US’s federal debt pile amounted to $26.2tn, or 97 per cent of gross domestic product, at the end of last year....
...Yields on rate-sensitive two-year Treasuries added 0.04 percentage points to 4.97 per cent. A measure of the dollar’s strength against a basket of six other currencies rose 0.1 per cent....
...Fast forward to the latest figures and the network is frequently processing more than 500,000 transactions. In comparison the ethereum blockchain handles roughly 1mn transactions per day....
...Nevertheless, the central bank has resumed selling dollars to the country’s more than 1,500 licensed foreign exchange dealers — a move that has improved liquidity — but has instructed them not to sell beyond...
...S&P 500 futures dipped....
...Underscoring the value of a licence was OSL’s sale of a 29.97 per cent stake in itself to BGX for HK$712.8mn last November. OSL has seen its share price jump 126 per cent in the past six months....
...In currency markets, the strong retail sales figures boosted the US dollar index, which tracks the world’s dominant currency against six international peers....
...The won and the yen each strengthened 0.4 per cent to trade at Won1,288.23 and ¥148.97 a dollar, respectively....
...The benchmark S&P 500 made minor gains, with utilities the best-performing sector. The tech-heavy Nasdaq Composite gained 0.1 per cent....
...In the US, the S&P 500 had its best first quarter since 2019. Fixed income funds reported inflows of $42bn and equity funds received $18bn, for total long-term flows of $76bn....
...Fast forward a couple of centuries to the bitcoin rush: the bitcoin price has almost tripled in the past year to about $73,500 and miners that hatch the tokens are riding the wave....
...The yield on the 2-year Treasuries was down 0.11 percentage points at 4.25 per cent while that on the 10-year note was down 0.08 percentage points at 3.97 per cent....
...The group, which also sent the letter to China’s public security ministry, said it had so far collected the signatures of nearly 2,500 victims supporting the call and planned to submit them to the ministries...
...Much like the US tech giants hauling the S&P 500 higher, bitcoin is also dragging other prices along with it....
...the Securities and Exchange Commission gave the green light on January 11 have been buoyed by a rally that sent the price of bitcoin over $70,000 on Friday, setting a new high before settling around $68,500...
...It’s only barely enough for inclusion into the S&P 500....
...This week it fell off its peg to the US dollar, trading as low as 97 cents. It has since recovered to 98 cents, but not regained its peg....
...MTN Nigeria announced last September it would switch to American Tower Corporation from IHS Towers for leases of 2,500 towers across the country on contracts set to lapse this year and in 2025....
...Wall Street’s benchmark S&P 500 rose 0.5 per cent, while the tech-heavy Nasdaq Composite gained 0.6 per cent....
...Nor again the possible competitive threat from other central banks’ digital currency plans....
...The US group said on Thursday it would waive fees for 60 days for customers wanting to trade cryptocurrencies on its professional market, if they have traded more than $500,000 a month on a rival exchange...
...Likewise if we want to make a relative call, say against a S&P 500 fund....
...Wall Street’s benchmark S&P 500 fell 0.9 per cent — having on Friday closed at its highest point since March 2022 — while the tech-focused Nasdaq Composite lost 1.6 per cent....
International Edition