Following the implementation of a new Securities and Exchange Commission (SEC) regulation in February 2023, the settlement period for U.S. stocks, corporate municipal bonds, and other securities will be halved to one day, or T+1. This will cause a stir in the U.S. markets on Tuesday, May 28....

As increased interest rates put pressure on American consumers and businesses, Jeffrey Gundlach, the CEO of investment management firm DoubleLine Capital, stated on Thursday that he believes a U.S. recession may occur as soon as this year.   He noted that indicators of impending economic...

Although May saw the fastest growth in U.S. business activity in just over two years, manufacturers reported a spike in input costs, indicating that products inflation may increase in the coming months.   The manufacturing and services sectors are tracked by S&P Global's flash U.S....

Amid concerns over the outcome of applications for U.S. spot exchange-traded funds that track the second-biggest cryptocurrency globally, ether was poised for its best two-day rise in almost two years on Tuesday. Meanwhile, bitcoin was getting close to a new high.   After rising 13.8% on...

At a speech to hundreds of international investors in Tokyo on Wednesday, Japanese Prime Minister Fumio Kishida publicly pushed for further capital market changes and emphasised asset management.   His attendance at a conference hosted by Wall Street bank Morgan Stanley (MS.N), opens new...

Asian stocks reached two-year highs on Monday, while records were set for copper and gold as investors bet on impending interest rate cuts and China ramping up measures to stabilise its faltering real estate industry.   Following the death of Iran's president in a helicopter accident and the...

On Monday, investors expressed concern that China's "historic" efforts to stabilise its property market were insufficient to promote a long-term increase in demand and trust, which caused shares of Chinese developers to tremble.   After rising over 18% so far this month, Hong Kong's Hang...

According to Pitchbook statistics, investment in cryptocurrency startups increased for a second consecutive quarter to $2.4 billion in the first three months of 2024 as investor hunger was piqued by the prospect of lower interest rates and the launch of the first bitcoin spot ETF in the United...

Hong Kong's GDP growth surged quarterly but declined annually in the first quarter of 2024. The final data was published in a report by the Statistical Office, which stated that the GDP volume climbed by 2.3% from January to March compared to the preceding three months, which was the largest rise...