While India shifted from its BRICS strategy to sign a new trade deal with the US, China is doing the opposite, as Chinese regulators have demanded that state-run banks cut…
BRICS members Russia, China, and India are looking at the Chinese yuan for oil settlements and not the US dollar. Reuters reported that Russian refiners are seeking payments in the…
European
financial regulators have completed rules forcing major banks and investment
firms to maintain active clearing accounts within the European Union, part of a
broader effort to reduce the bloc's reliance on UK-based…
Shiba inu (SHIB), the world's second-largest meme token by market value, faced selling pressure alongside losses in the broader crypto market and U.S. stocks. SHIB fell over 3.5% to 0.00001134,…
Key points:Bitcoin (BTC) passed $104,000 at the June 6 Wall Street open as strong US labor market data contrasted with fresh calls for interest-rate cuts.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin edges…
The UK's financial
technology sector is planning to boost professional hiring by 32% this year,
defying economic uncertainty and lackluster venture capital flows, according to
new data from recruitment firm Morgan McKinley and…
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Key points:The US labor market is “still holding up” as nonfarm payrolls data comes in higher than expected.Bitcoin and stocks head higher as US President Donald Trump repeats calls for…