Economy

Cryptocurrency Economy News

US Justice Department taps new cryptocurrency czar

Eun Young Choi will lead a new team dedicated to investigating and prosecuting illicit cryptocurrency schemes. By Chris Strohm Bloomberg The Justice Department named a veteran cybersecurity prosecutor to lead a.

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Economy News Technology

US adds Tencent, Alibaba sites to list flagging counterfeit sales

The list identifies 42 online markets and 35 physical markets alleged to engage in or facilitate piracy. E-commerce sites operated by China’s Tencent Holdings Ltd and Alibaba Group Holding Ltd.

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Business Economy News

As ‘Great Firewall’ looms, fears for Hong Kong’s free internet

Beijing’s crackdown on dissent in Hong Kong is casting doubt over the future of the business hub’s open internet. By John Power For decades, Hong Kong’s internet operated outside the reach.

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Economy News

Tokyo’s core consumer inflation seen picking up in February – Reuters poll

TOKYO (Reuters) – Core consumer prices in Tokyo likely rose in February at a faster rate than in the previous month on surging fuel costs, underlining the prospect of price.

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Business Economy News

How Indian economy’s key wheel is facing funding crisis

What is needed is a resolve to solve the malaise and adopt the digital supply chain finance system which has been thriving since the Covid disruption. Late payment and even.

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Economy News Technology

Chipmaker Nvidia forecasts upbeat current-quarter revenue

The world’s largest maker of graphic and AI chips is banking on the supercharged demand for data centres. Chipmaker Nvidia Corp on Wednesday forecast current-quarter revenue above analysts’ estimates, banking.

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Economy News

Shop till you drop: Shopify plunges 17% on weaker growth outlook

The Canadian e-commerce company said that the pandemic-inspired shopping surge is beginning to slow down. By Ilena Peng Bloomberg Shopify Inc. plunged 17% in Toronto, the most ever, after giving a.

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Economy News

Fed prepared for faster interest-rate hikes if inflation persists

Surging inflation has spurred some United States central bankers to revise up their outlook for rate increases this year. By Craig Torres and Steve Matthews Bloomberg Federal Reserve officials concluded at.

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Business Economy News

Japan’s exports grow less than expected as trade deficit soars

World’s third-largest economy runs biggest trade deficit in a single month in eight years. Japan’s exports in January grew less than expected as manufacturers faced pressure from slowing overseas demand.

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Business Economy News

UAE, India to sign trade, investment deal on Friday

DUBAI (Reuters) – The United Arab Emirates and India will sign a trade and investment agreement on Friday during a virtual summit attended by the countries two leaders, Emirati media.

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