UAE quits OPEC in seismic shift, but Hormuz crisis halts freed-up oil
In a seismic shift for the global oil market, the United Arab Emirates has confirmed its exit from OPEC and OPEC+, effective May
Bitcoin
Bitcoin
Standard Chartered, BlackRock, OKX launch tokenised collateral framework
Standard Chartered said on Tuesday it has launched a new framework allowing institutional clients to use BlackRock’s tokenised short-term US Treasury fund as
Bitcoin
Nvidia stock slides as OpenAI fears spark selloff in chip stocks
Semiconductor stocks declined sharply on Tuesday, with Nvidia and its peers coming under pressure after fresh concerns emerged about the financial trajectory of
Bitcoin
Commodity wrap: Oil trims some gains as UAE exits OPEC; gold at 3-week low
Gold slumped to a three-week low on Tuesday as energy prices climbed due to stalled negotiations between the US and Iran. Meanwhile, crude
Business
Dow rises 110 points as Nasdaq slides on AI fears, oil surge weighs
US stocks opened lower on Tuesday, led by weakness in technology shares, as investors reassessed whether the artificial intelligence boom can sustain its
Business
US corporate bonds see strong foreign demand led by tech shift
Foreign demand for US investment-grade corporate bonds has remained strong for 15 consecutive months, according to a note by Citigroup, as cited in
Business
UAE quits OPEC in seismic shift, but Hormuz crisis halts freed-up oil
In a seismic shift for the global oil market, the United Arab Emirates has confirmed its exit from OPEC and OPEC+, effective May
Business
Standard Chartered, BlackRock, OKX launch tokenised collateral framework
Standard Chartered said on Tuesday it has launched a new framework allowing institutional clients to use BlackRock’s tokenised short-term US Treasury fund as
Business
Nvidia stock slides as OpenAI fears spark selloff in chip stocks
Semiconductor stocks declined sharply on Tuesday, with Nvidia and its peers coming under pressure after fresh concerns emerged about the financial trajectory of
Investing
Pound slips as BoE outlook and Iran conflict cloud sentiment
Sterling edged lower against a stronger US dollar on Tuesday, as investors turned their focus to upcoming central bank decisions and ongoing geopolitical