On February 26, Bitcoin hit $57,000, its highest level in more than two years. According to CoinDesk, the cryptocurrency increased by 9% to momentarily cross the $57,000 mark for the first time since November 2021. After that, it declined again to roughly $56,500 levels.   According to...

The biggest luggage manufacturer is looking into a number of possibilities, such as a sale with delisting. According to Bloomberg, which cited sources, Samsonite International SA, the largest suitcase manufacturer in the world, is evaluating its options for strategic business development following...

US bank Goldman Sachs Group revised the Federal Reserve's (Fed) federal funds rate trajectory for 2024 in light of recent remarks made by Fed officials and the meeting minutes from January. Rather of the five cuts that Goldman had originally anticipated, the rate will now be lowered four times in...

Taking a page from Japan's playbook, South Korea's financial regulatory authority outlined steps to enhance corporate governance on Monday in an effort to eliminate the "Korea discount" and strengthen its undervalued domestic markets.   Details of the "Corporate Value-up Programme," which...

The world's leading energy trading houses are facing an increasingly pressing issue as they get ready for the largest annual industry gathering this week in London: what to do with their cash.   The majority of trading houses, which are run by their workers and privately held, don't share a...

The Asian Development Bank (ADB) stated in a research released on Monday that while a European Union plan to put tariffs on high-carbon imports may harm emerging Asian nations, it is unlikely to result in significant reductions in greenhouse gas emissions.   Concerns that a sizable portion...

Nikkei 225, the main stock index in Japan, broke the previous record of 38,915 points set in December 1989 by reaching a record high of 39,098 points yesterday. The index has increased by 17% since the start of this year. The historic rise in Japan's stock exchange activity is attributed to a...

The biggest economy in Africa, Nigeria, is going through one of its worst crises ever. The nation's inflation rate hit 29.9% in January, the highest since 1996, according to the National Bureau of Statistics. Inflation increased by 0.88% on an annualized basis and 0.98% on a monthly basis....

In 1989, during the heyday of the bubble economy, Japanese equities reached a record high that they broke on Thursday. This is because of corporate reforms and low valuations that are luring overseas investors seeking alternatives to the volatile Chinese markets.   Above the previous...