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Kraken Becomes Official Crypto Partner of Tottenham Hotspur
Leading cryptocurrency exchange Kraken has partnered with one of England’s most popular football clubs, Tottenham Hotspur. According to the official advertisementThe alliance has made Kraken the crypto, web3 and official sleeve partner of both the Tottenham Hotspur men’s and women’s teams ahead of the 2024/25 football season. Kraken Partners with…
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Payroll taxes grow by single digit despite higher payslip deductions
Taxes on salaries, wages and benefits paid to workers rose by single digits in the fiscal year just ended, underscoring the tightness of the labor market as decent formal jobs shrink amid a freeze in wage increases in most sectors. The Kenya Revenue Authority (KRA) generated net payroll taxes of…
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Xpeng, Volkswagen set up project house to roll out new EV architecture By Reuters
Chinese electric vehicle maker Xpeng (NYSE:) said Monday it has set up project houses for engineers in partnership with German automaker Volkswagen AG (OTC:) to accelerate the development of new electric vehicle architecture. The new facilities, to be built in the Chinese cities of Guangzhou and Hefei, will serve as…
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Dogecoin And Shiba Inu Whales Withdraw Millions From Robinhood
Crypto whale transaction tracker Whale Alerts recently uncovered an interesting on-chain transaction involving popular meme coins. Shiba Inu And Dogecoin Along with the popular cryptocurrency exchange Robinhood. This transaction, which took place over the past 24 hours, involved the transfer of 800 million DOGE tokens and 2.7 trillion SHIB tokens,…
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China’s exports surge, pushing trade surplus to $99bn amid tariff threats
China posted a record trade surplus of $99 billion last month, the highest in more than two decades, as it continued to drive export growth despite looming tariff threats from President Donald Trump. Official trade data for June showed an 8.6% increase in export volumes, beating economists’ expectations of 8%…
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China cuts 1 and 5 year loan prime rates by 10 basis points each
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Solana Leads Rally As Expectations For A Break Above $200 Grow
Solana has recently captured the attention of market participants with Significant rise to $175The move has stunned investors and analysts alike. Solana is currently up 40% from its low of $123 earlier this month. The cryptocurrency’s strong bullish momentum has sparked optimism among traders and investors, who are now eagerly…
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Dollar Edges Lower Following Biden’s Election Exit: Markets Wrap
Breadcrumbs Path Links PMN Business The dollar fell in early Asian trade after Joe Biden ended his re-election campaign and endorsed Vice President Kamala Harris. The region’s stocks look set for a mixed start. Article author: Bloomberg News Matthew Burgess and Maria Elena Vizcaino Published on July 21, 2024 •…
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Aviation summit opens amid jet shortages, supply chain turbulence By Reuters
By Joe Brock and Tim Heffer FARNBOROUGH, England (Reuters) – Aviation leaders gather for a high-profile summit outside London on Monday as the industry struggles to cope with supply chain disruptions, aircraft delays and failed plans to cut carbon emissions. The Farnborough Airshow, which runs from July 22-26, a gathering…
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WIF, HNT, CORE, and PEPE boast over 40% in weekly gains
Dogwifhat, Helium, Core, and Pepe emerged as the biggest gainers in the cryptocurrency market over the past week, with each coin seeing a price increase of over 40%. Dogs Dogwifhat (WIF) has seen a surge of over 50% over the past seven days, trading at $2.56 at the time of…
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Jerusalem Germany Colony house sold for NIS 32m
The Templar House in the German Colony in Jerusalem, which was intended to be preserved, was sold for NIS 32 million. The house, located at the corner of Yitzhak Karmia Street and Yohanan Smuts Street, was purchased by a family that immigrated to Israel from the United States 10 years…
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Trouble for China hedge funds? Reuters: Brace for upheaval from tough new rules
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Biden ends failing reelection campaign, backs Harris as nominee By Reuters
By Jeff Mason, Garrett Renshaw, and Steve Holland REHOBOTH BEACH, Del. (Reuters) – U.S. President Joe Biden on Sunday abandoned his faltering re-election bid under growing pressure from fellow Democrats and endorsed Vice President Kamala Harris to replace him as the party’s nominee to face Republican Donald Trump in November’s…
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Exclusive-Illicit chip flows to Russia seen slowing, but China, Hong Kong remain transshipment hubs By Reuters
By James Pomfret and Michael Martina HONG KONG/WASHINGTON (Reuters) – Semiconductors and other banned goods shipped through China and Hong Kong to fuel Russia’s war effort have fallen by a fifth this year, previously undisclosed U.S. Commerce Department data shows, but Hong Kong remains a global hub for sanctions evasion.…
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National Treasury Reserve Push Sparks $1 Million Projections
There has been a lot of talk about Bitcoin (BTC) lately. One well-known cryptocurrency expert, Andrew Kang, even said that Bitcoin could become a national asset. Cryptocurrency This interesting idea is causing a stir in the community, with people talking about how it will impact the entire world and setting…
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National Treasury Reserve Push Sparks $1 Million Projections
There has been a lot of talk about Bitcoin (BTC) lately. One well-known cryptocurrency expert, Andrew Kang, even said that Bitcoin could become a national asset. Cryptocurrency This interesting idea is causing a stir in the community, with people talking about how it will impact the entire world and setting…
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Stock investors are staring down a bearish trifecta that could spark a 12% market drop by October, strategist says
Stocks could see a double-dip correction over the next three months, according to a veteran strategist.Getty Images; Jenny Chang Rodriguez/PA Bill Blaine said stock markets could see a double-digit decline by the fall amid a host of headwinds. The veteran strategist said stocks are overvalued and face risks from rising…
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Early Monday FX rates – 22 July 2024 – US dollar little changed after Biden pulls out
I’ve posted the very early interest rates here: Opening levels Monday morning, indicative exchange rates July 22, 2024, little changed from late Friday Now updating with Sunday’s big political news from the US, Biden has withdrawn from the presidential election: It’s finally Gopher. It’s still very early here in Asia,…