AFP

Most markets drop as traders weigh Fed; bitcoin eases

Markets mostly fell Thursday as investors digested US inflation data that supported the case for another interest rate cut next month, while worries over Donald Trump’s next administration continued to cloud optimism.Bitcoin eased just below the $90,000 level it broke for the first time Wednesday when it hit a record $93,462, with observers expecting it …

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Most Asian markets drop as traders weigh Fed; bitcoin eases

Asian markets mostly fell Thursday as investors digested US inflation data that supported the case for another interest rate cut next month, while worries over the next Donald Trump administration continued to cloud optimism.Bitcoin eased just below the $90,000 level it broke for the first time Wednesday when it hit a record $93,462, with observers …

Most Asian markets drop as traders weigh Fed; bitcoin eases Read More »

Asian markets mixed as traders weigh Fed; bitcoin above $90,000

Asian markets diverged Thursday as investors digested US inflation data that supported the case for another interest rate cut next month but worries over the next Trump administration continued to cloud optimism.Bitcoin sat just above the $90,000 level it broke for the first time Wednesday when it hit a record $93,462, with observers expecting it …

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Bitcoin hits new highs, markets stall amid US inflation increase

Global equities stalled Wednesday while bitcoin hit a fresh high as traders digested a small rise in inflation and mulled what Donald Trump’s presidency might mean for global trade and the adoption of cryptocurrency.US stocks were little changed on Wednesday, as traders digested data pointing to a small increase in the Consumer Price Index (CPI) …

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Markets stall, inflation and bitcoin rise amid Trump fears

Global equities stalled Wednesday as traders fret over the impact of Donald Trump’s presidency on the Chinese and global economies amid fears his policies could also reignite US inflation, which rose on latest data.The prospect of higher prices on the back of Trump’s planned tax cuts, import tariffs and an easing of regulations gave fresh …

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India delivery app Swiggy shares gain on market debutĀ 

Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country’s second-biggest IPO this year, as investor optimism offset profit concerns.A booming stock market in the world’s fifth-largest economy has stoked an IPO frenzy over the past two years, with start-ups and established companies alike …

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Airlines ground Bali flights after volcano erupts

Airlines cancelled flights to and from the Indonesian resort island of Bali on Wednesday, leaving travellers stranded after a nearby volcano catapulted an ash tower miles into the sky.At least 16 international routes were affected after Mount Lewotobi Laki-Laki on Flores island spewed a nine-kilometre (5.6-mile) tower a day earlier, the general manager of Bali’s …

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