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Retail titan Mike Ashley has launched a scathing attack on Prime Minister Andy Burnham’s High Street revival policies, labelling them ‘populist reactions’ and ‘delusional’.…
Angela Rayner’s £39 billion pledge for thousands of new social…
The US Office of the Comptroller of the Currency (OCC)…
In 2022, the crypto world convulsed when giants Luna and FTX suddenly collapsed, bringing many other projects and companies with them. Such crypto-cataclysmic events have stirred up many questions about transparency and regulation in the quickly growing blockchain and DeFi space.As fintech and DeFi adoption…
Taiwan is courting investors to help it establish its own satellite communications provider, inspired by the role Elon Musk’s Starlink has played in the war in Ukraine, as Taipei ramps up efforts to fortify itself against a potential assault from China.Taiwan is in preliminary talks…
China is changing its tactics on the renminbi, according to analysts and traders, with a shift away from direct intervention and towards lower-profile, indirect tools to steer the market.The currency dropped almost 8 per cent last year against the soaring dollar. But Beijing smoothed out…
Bank of America top banker Rick Sherlund sees a major market shift ahead.According to Sherlund, optimism surrounding technology stocks will make a comeback this year — but the key is weathering upcoming earnings season first.”What we need to do is de-risk 2023 numbers,” the firm’s…
Investors are sceptical about Beijing’s recent pledge to support China’s biggest technology companies in the coming year, following a bruising regulatory campaign that has tamed internet titans such as Alibaba and Tencent. During an annual policy meeting that sets out the agenda for 2023, China’s…
CNBC’s Jim Cramer on Thursday gave investors a list of stocks that he believes could be worthwhile additions to investors’ portfolios.All of his picks are listed in the Nasdaq Composite. While the index is heavy with tech stocks that were hammered last year, there are…
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