News

Dollar hits two-weak peak as investors await Fed meeting

By Herbert Lash NEW YORK (Reuters) -The dollar rose to a two-week peak on Tuesday as tensions between Russia and the West over Ukraine drew investors to safe-haven currencies and.

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News Stock Market

China’s Tencent fires 70 staff, blacklists 13 firms in anti-graft campaign

SHANGHAI (Reuters) – Tencent Holdings (OTC:TCEHY), China’s biggest social media and video games company, on Tuesday said it fired nearly 70 staff over bribery and embezzlement incidents last year and.

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Commodities News

Oil rises on concerns geopolitical risks could tighten supplies

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose on Tuesday on concerns supplies could become tight due to Ukraine-Russia tensions, threats to infrastructure in the United Arab Emirates and.

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Economy News

Lebanon’s economic depression “orchestrated by elite”, World Bank says

DUBAI (Reuters) -Lebanon’s economic depression “is orchestrated by the country’s elite” and “has come to threaten the country’s long-term stability and social peace,” the World Bank said in a press.

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Economy News

Looming Fed rate hikes have emerging markets dreading deja vu

Indonesia, Brazil, Mexico, South Africa and Turkey could be roiled when the US Federal Reserve starts raising interest rates, say analysts. By Michael Moran If there were a character in literature.

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Economy News

South Korea’s GDP growth hits 11-year high as exports boom

Bank of Korea data shows Asia’s fourth-largest economy expanded 4 percent in 2021. South Korea’s economy expanded at the fastest pace in 11 years in 2021 thanks to a jump.

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Economy News

Recovery disrupted: IMF cuts global economic growth forecast

Cut to global forecast largely reflects downward revisions to US and China outlooks. By Al Jazeera Staff The global economy is entering 2022 “in a weaker position than previously expected,” the.

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News

US: Virginia school districts sue over governor’s mask order

Republican Governor Glenn Youngkin’s executive order allows parents to opt out of masking requirements in schools. Mask mandates in schools have turned into the latest political battleground in the United.

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Cryptocurrency News

Bitcoin Throws Interest Rate Tantrum On US Fed Hike Concerns

Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming a more mature financial asset – but watch out for the teenage tantrums..

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Cryptocurrency News

“Crypto Winter” Is Here. Bitcoin Crash Signals Tough Times, Say Experts

There are few things scarier for investors than a bear market — unless youre involved in crypto, in which case a winter is worse. There are few things scarier for.

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