U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 was rallying by 1.6 per cent in midday trading and on track to break a brutal three-day losing streak. It had tumbled a bit more … Read more
Wall Street fell the most in nearly two years, continuing a global rout in financial markets as fears worsen that the U.S. economy is slowing down. The S&P 500 fell three per cent on Monday. The Dow Jones industrial average dropped more than 1,000 points and the Nasdaq composite slid 3.4 per cent. The declines were just the latest … Read more
Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation. The S&P 500 fell 1.8 per cent on Friday for its first back-to-back loss of at least one per cent since April. The Dow Jones industrial average lost 1.5 per cent, and the Nasdaq composite … Read more
More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their tokens, in a complex scheme that analysts warn poses a risk for users and the crypto market. The soaring popularity of so-called “re-staking” is the latest sign of risk-taking in … Read more
GameFi is a rapidly growing sector in the crypto landscape. It provides a potent mix of gaming and decentralised finance that helps incentivise long-term engagement by allowing gamers to make a profit. Already, the GameFi industry is valued at more than $12 billion, and the market size is expected to grow to $95 billion in … Read more
The man at the centre of the pandemic meme stock craze appeared online for the first time in three years, sending the prices of three quirky and volatile shares sharply higher Monday. Keith Gill, better known as “Roaring Kitty,” posted an image Sunday on the social media platform X, formerly Twitter, of a man sitting … Read more
People thronged to markets in Haryana’s Ambala district on March 23 ahead of the Holi festival. A sweet shop in Uttar Pradesh’s Meerut district is selling ‘gujiya’ made of gold on the occasion of Holi. Notably, Holi, also known as the “Festival of Colours,” is a vibrant festival celebrated with enthusiasm across India. This year, … Read more
Wheat stock limit lowered. (File Photo: News18) Wheat stock limit has been reduced from 1,000 MT to 500 MT for traders and wholesalers In order to prevent hoarding and unscrupulous speculation, the government has lowered the stock limit of wheat that traders can hold, the government said in a statement on Thursday. It revised downwards … Read more
