FEES for transactions on the Bitcoin blockchain are rising as people start minting hundreds of nonfungible tokens on the network for the first time.
THE Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday, yet continued to promise “ongoing increases” in borrowing costs as part of its still unresolved battle against inflation.
THE Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday, yet continued to promise “ongoing increases” in borrowing costs as part of its still unresolved battle against inflation.
CRYPTO-MINING services firm Luxor Technologies said on Wednesday (Feb 1) it has launched a trading platform for Bitcoin mining machines.
MORGAN Stanley’s private equity arm that focuses on middle-market companies said on Wednesday (Feb 1) it had acquired environmental services and consulting firm Apex Companies.
A MAJOR Japanese trading company has relaxed its rules to allow employees to pursue side careers, such as being a YouTuber or an artist, aiming to retain younger workers who are demanding more flexible work rules.
CONTEMPORARY Amperex Technology (CATL), the world’s biggest maker of batteries for electric cars, has chosen banks for its sale of global depositary receipts (GDR) in Switzerland to raise at least US$5 billion, sources said.
THE Bank of Japan bought a record US$182 billion worth of government bonds in January, data showed on Wednesday (Feb 1), underscoring its resolve to defend its yield cap from attack by investors betting on a near-term interest rate hike.
CONTEMPORARY Amperex Technology (CATL), the world’s biggest maker of batteries for electric cars, has chosen banks for its sale of global depositary receipts (GDR) in Switzerland to raise at least US$5 billion, according to people familiar with the matter.
FIFTY-and-done has a nice ring to it. The Bank of England (BOE) should live up to market expectations and raise its official interest rate by 50 basis points to 4 per cent on Thursday (Feb 2). But then it should take a breather while assessing the economic impact of...











