Currency markets
Bitcoin Tumbles Below $40,000 After China Issues Crypto Warning
Text size A physical imitation of the Bitcoin cryptocurrency. AFP via Getty Images The price of Bitcoin dropped below $40,000 for the first time in months and other cryptocurrencies also dropped after the People’s Bank of China apparently warned against using digital coins as payment. Bitcoin dropped nearly 7% to $40,275 early Wednesday morning, bouncing off …
Technology stocks lead indexes lower as yields resume climb | National
A man wearing a protective mask walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Wednesday, March 3, 2021, in Tokyo. Stocks advanced in Asia on Wednesday after a wobbly day on Wall Street, when the S&P 500 gave back …
Bitcoin blows past $45,000 to fresh highs above $47,000, driven by Tesla’s investment
The price of bitcoin surged above $47,000 on Tuesday, building on gains following news that electric-car maker Tesla has invested $1.5 billion in the cryptocurrency and may accept it as future payment for products. After reaching a record of near $44,000 on Monday, bitcoin prices BTCUSD, +2.98% hit $45,000, $46.000 and $47,000 later that evening, …
Stocks post solid gains as technology shares lead rally | National News
A woman looks at screens showing Japan’s Nikkei 225 index at a securities firm in Tokyo on Friday, Sept. 25, 2020. Asian shares advanced Friday, cheered by a modest rally on Wall Street and rising hopes for fresh stimulus for the U.S. economy. …
Asian shares mixed after technology fall leads US stock fall | National
TOKYO (AP) — Asian shares were mixed Friday following a selloff of technology shares on Wall Street. “Big tech stocks might have seemed like safe havens, but they have found themselves at the center of a brutal sell-off,” said Stephen Innes, chief global market strategist at AxiCorp. Japan’s benchmark Nikkei 225 recouped early losses to …
Here’s how sterling will now trade as Britain breaks its Brexit deadlock
Prime Minister Boris Johnson and his partner Carrie Symonds enter Downing Street as the Conservatives celebrate a sweeping election victory on December 13, 2019 in London, England. Peter Summers | Getty Images News | Getty Images Sterling will go into the first quarter of 2020 with some upside potential, according to currency experts, after a …
Pound falls on reports UK government wants to suspend parliament
Boris Johnson speaks after being announced as Britain’s next Prime Minister at The Queen Elizabeth II centre in London, Britain July 23, 2019. Toby Melville | Reuters Sterling fell 1% against the dollar Wednesday morning after a report said that U.K. Prime Minister Boris Johnson will ask the queen to suspend parliament in a bid …
Goldman Sachs does not expect US-China deal before 2020 election
U.S. President Donald Trump talks to journalists while departing the White House August 01, 2019 in Washington, DC. Trump is traveling to Cincinnati, Ohio, for a campaign rally. Chip Somodevilla | Getty Images News | Getty Images Goldman Sachs no longer believes the world’s two largest economies will be able to resolve their long-running trade …