Tax crypto and plastic to pay for climate, development, leaders urge BAKU: Plastics and cryptocurrencies could be taxed like flying and fossil fuels to plug the gap in climate finance... Published 15 Nov, 2024 06:20am
Markets Bitcoin, ether sink to multi-month lows as recession worries take hold Bitcoin and ether tumbled on Monday to multi-month lows as worries over a possible U.S. recession in the wake of... Published 05 Aug, 2024 11:22am
Business & Finance Ferrari to accept crypto-payments in Europe ROME: Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency,... Published 24 Jul, 2024 07:17pm
Business & Finance US dollar slightly higher NEW YORK: The US dollar was slightly higher on Monday, capturing some safe-haven flows, as investors digested US... Published 23 Jul, 2024 08:29am
Markets Euro lower after ECB stands pat NEW YORK: The euro was lower on Thursday after the European Central Bank (ECB) held rates steady as was widely... Published 19 Jul, 2024 06:11am
Technology Bitcoin slides below $60,000 on reports Israel strikes Iran Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following... Published 19 Apr, 2024 10:57am
Markets Dollar firms after hot retail sales, yen languishes; China data awaited TOKYO: The dollar stood just off its highest since early November against a handful of peer currencies on Tuesday,... Published 16 Apr, 2024 10:29am
Business & Finance HK conditionally approves first bitcoin and ether ETFs HONG KONG: Hong Kong’s securities regulator on Monday granted conditional approval to start the city’s first... Published 16 Apr, 2024 03:38am
Markets Dollar on guard; BOJ speculation keeps yen supported SINGAPORE: The dollar held broadly steady on Tuesday ahead of key US inflation data due later in the day, while the... Published 12 Mar, 2024 10:08am
Business & Finance Yen firms after revisions to Japan GDP NEW YORK: The yen edged up for a fourth straight session against the US dollar in choppy trading on Monday, ... Published 12 Mar, 2024 04:27am
Technology In bitcoin’s shadow, another cryptocurrency, Ether, stages its own rally NEW YORK: Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet another major... Updated 10 Mar, 2024 10:47pm
Business & Finance Dollar inches down as heavy week of data begins NEW YORK: The dollar edged lower against a basket of major currencies on Monday ahead of US durable goods orders and... Published 27 Feb, 2024 03:06am
Markets Dollar steady as traders weigh economic data, yen fragile SINGAPORE: The dollar was steady on Friday, on track for its fifth straight weekly gain, as investors take stock of... Published 16 Feb, 2024 09:57am
Business & Finance US dollar hits three-month peak NEW YORK: The dollar rose to three month peaks on Tuesday, after data showed US inflation rose more than expected in... Published 14 Feb, 2024 02:34am
Business & Finance Dollar drifts higher NEW YORK: The dollar edged higher against the euro and other major currencies on Monday as investors braced for data... Published 13 Feb, 2024 05:59am
Business & Finance Dollar hits one-month high NEW YORK: The dollar jumped on Tuesday as investors dialed back their expectations for a March rate cut from the US... Published 17 Jan, 2024 06:02am
Business & Finance Dollar dips after soft US inflation data NEW YORK: The dollar index gave up earlier gains and higher beta currencies, including the New Zealand and ... Published 13 Jan, 2024 05:38am
Technology IMF chief says rules, infrastructure needed to prevent crypto risks SEOUL: The head of International Monetary Fund (IMF) said on Thursday that crypto currencies need to be regulated... Published 14 Dec, 2023 10:12am
Business & Finance Dollar touches 2-week high, euro weaker NEW YORK: The US dollar touched a two-week high on Wednesday, while the euro was weak across the board as markets... Published 07 Dec, 2023 04:35am
Markets Bitcoin soars to near 18-month high as ETF speculation mounts LONDON/SINGAPORE/NEW YORK: Bitcoin rose by nearly 10% on Tuesday to $34,872, its highest in nearly a... Published 24 Oct, 2023 08:41pm
Markets Bitcoin leaps to 2023 high on ETF bets SINGAPORE: Cryptocurrencies extended gains in Asia trade on Tuesday, with bitcoin rallying to an almost 18-month... Published 24 Oct, 2023 10:38am
Markets Bitcoin hits two-month high above $30,000 in volatile week LONDON: Bitcoin jumped on Friday above $30,000 for first time since July , taking gains for the week past 10%,... Published 20 Oct, 2023 06:32pm
Markets IMF and regulators set out roadmap to contain crypto risks LONDON: Global financial regulators and the International Monetary Fund on Thursday set out a roadmap to coordinate... Published 07 Sep, 2023 01:37pm
World G20 chair India says talks underway for global framework on crypto rules MUMBAI: Discussions are underway on a global framework to regulate crypto assets, India’s finance minister said on... Published 05 Sep, 2023 01:19pm
Markets PayPal to halt UK crypto sales until 2024 LONDON: Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform from... Published 17 Aug, 2023 12:27pm
Markets Migrants in UAE, including Pakistanis, turn to crypto to send remittances home Muhammed Bilal used to have to wait his turn outside a money transfer office in the scorching heat of Dubai to send... Updated 09 Jun, 2023 08:38pm
Business & Finance Dollar higher WASHINGTON: The US dollar rose strongly on Wednesday to a more than two-month high after data showed European... Published 01 Jun, 2023 03:34am
Business & Finance EU backs tougher tax rules on crypto transactions BRUSSELS: EU ministers agreed stronger rules Tuesday to crack down on the use of cryptocurrencies in tax fraud, as... Published 22 May, 2023 06:23am
Markets EU parliament approves world’s most sweeping cryptocurrency rules STRASBOURG: The European Parliament approved the world’s first comprehensive rules to regulate the “Wild West” world... Published 20 Apr, 2023 05:07pm
Markets India’s push to regulate crypto gains IMF, US support at G20 BENGALURU: A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the... Published 25 Feb, 2023 05:24pm