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Bitcoin Hits New High: Surpasses $100K
The financial landscape has experienced a dramatic upheaval with Bitcoin's meteoric rise, a journey that began 15 years ago when this digital currency was valued at just a few cents. As of Thursday, B...
Wall Street Extends Rally, Dow Hits New Highs
The financial markets in the United States demonstrated a remarkable surge on Monday, showcasing a broad-based rally that saw the flagship indices—the S&P 500 and Nasdaq Composite—rising more than 1%....
Fed Poised for December Rate Cut
The financial landscape in the United States recently witnessed a curious juxtaposition of soaring market optimism and apprehensive signals coming from the Federal Reserve's leadership. As the chances...
Bullish Outlook for U.S. Stocks Ahead of Year-End
The countdown to the end of 2024's trading days in the U.S. stock market is on, with only 18 days left for investors to act on their year-end strategies. As the festive season nears, the question ling...
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Tech Rally: A Return to Form for U.S. Markets?
The remarkable rise of the American stock market that marked five consecutive months of gains has come to an abrupt halt as we entered the second quarter. Renewed concerns surrounding inflation and th...
Bitcoin Breaks $100K Barrier
The nomination of a conservative lawyer, Hester Peirce, popularly known as "Crypto Mom," to lead the US Securities and Exchange Commission (SEC) marks a significant potential shift in the landscape of...
Hong Kong Stocks Show Strong Recovery
The Hong Kong stock market has entered a phase of remarkable growth recently, capturing the attention of global investors. Following the May Day holiday, despite a lack of southbound capital inflow, b...
Daley: No Rush to Slash Rates
The landscape of U.S. monetary policy remains in a state of meticulous observation and strategic decision-making, particularly as we draw closer to the Federal Reserve's upcoming meetings in December....
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Changan Accelerates EV Push with Two-Pronged Approach
In a rapidly evolving automotive industry, Changan Automobile is making significant strides in the electric vehicle (EV) sector. The company, having successfully launched renowned ...
US Stocks Poised for a Sharp Correction in 2025
As Wall Street analysts predict that U.S. stocks will reach new heights in 2025, Mark Zandi, chief economist of Moody's Analytics, presents a sobering counterpoint, urging investors to remain cautious...
What Does Xiaomi, Compatible with Apple, Truly Seek?
A recent quarterly financial report from Xiaomi Group has revealed impressive figures for the third quarter of 2024, with revenue reaching an astounding 92.51 billion yuan, marking a yearly growth of ...
Is Bitcoin on the Verge of Becoming Mainstream Currency?
In a significant move for the cryptocurrency world, the appointment of Paul Atkins as the new chair of the U.S. Securities and Exchange Commission (SEC) was announced on Wednesday, Eastern Time. Atkin...
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