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The first bitcoin futures ETF in the U.S. is set to begin trading next week

October 15, 2021 by admin

Key Points The ProShares Bitcoin Strategy ETF, which will give exposure to bitcoin futures contracts but not the spot market, will trade under the ticker “BITO.” The Securities and Exchange …

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After the gas crisis, the Arctic could be Russia and Europe’s next flashpoint

October 15, 2021 by admin

VIDEO 2:17 02:17 Russia’s Novak: Surprised by EU’s Arctic proposals Capital Connection A new cold front could open up in the political tension between the European Union and Russia over …

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Fed says it could begin ‘gradual tapering process’ by mid-November

October 14, 2021 by admin

The Federal Open Market Committee on Wednesday released minutes from its Sept. 21-22 policy meeting.

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China trade surplus with the U.S. rises to monthly record in September

October 13, 2021 by admin

China reported disappointing growth in imports in September, while exports beat expectations, according to data released Wednesday by the customs agency.

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China isn’t the only huge Asian economy with a coal shortage now

October 12, 2021 by admin

Most of India’s coal-fired power plants have critically low levels of coal inventory just as the economy is picking up and fueling electricity demand.

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China tech stocks surge after food delivery giant Meituan is hit with $534 million antitrust fine

October 11, 2021 by admin

Analysts said the antitrust fine has removed an “overhang” over food delivery giant Meituan and the company’s shares rallied more than 7% in Hong Kong trade.

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World leaders reach landmark deal on a global corporate tax rate

October 8, 2021 by admin

The Organization for Economic Cooperation and Development on Friday announced a major breakthrough over corporate tax rates, after years of disagreement.

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Nordic countries are restricting the use of Moderna’s Covid vaccine. Here’s why

October 8, 2021 by admin

Finland, Denmark and Sweden are limiting the use of Moderna’s Covid-19 vaccine in young people over concerns around rare cardiovascular side effects.

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Stuck in China, consumers are spending millions for luxury goods in Hainan

October 8, 2021 by admin

Chinese consumers opened their wallets to shop during the week-long National Day holiday that ended Thursday, even as travel numbers fell.

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Hong Kong’s Hang Seng jumps more than 2% as major Asia-Pacific indexes rise at least 1%

October 7, 2021 by admin

By Thursday afternoon in Hong Kong, the Hang Seng index was up 2.41%.

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