Author: Jeffery Carter
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city.Fotovoyager | E+ | Getty ImagesAsia-Pacific markets were mixed Friday, after Wall Street rose overnight as President Donald Trump signed a reciprocal tariffs plan, but did not enact the levies immediately.Mainland China’s CSI 300 Index ended the day 0.87% higher. Hong Kong’s Hang Seng index traded up 3.48% in its final hour, extending gains from the previous session. The HSI is on track to its highest weekly gain since October.South Korea’s Kospi closed up 0.31% at 2,591.05, while the small-cap Kosdaq advanced 0.94% to end the…
Cavan Images | Cavan | Getty ImagesMore than 3.2 million individuals scored a legislative victory due to a new law that will increase the Social Security benefits for which they are eligible.However, many of those individuals now face a lengthy wait for the extra benefit money coming to them.The Social Security Fairness Act was signed into law on Jan. 5 by then President Joe Biden. The law eliminates certain provisions — the Windfall Elimination Provision and the Government Pension Offset — that previously reduced Social Security benefits for people who receive pensions from non-covered employment.The changes will result in higher…
Phoenix Suns forward Kevin Durant, one of the greatest players and scorers in basketball history, became just the eighth NBA player to reach 30,000 career points, hitting the mark Tuesday against the Memphis Grizzlies.Durant got to 30,000 with his 26th point Tuesday. He finished with 34 and now has 30,008 career points. He trails Wilt Chamberlain (31,419) and Dirk Nowitzki (31,560) for seventh and sixth place, respectively, on the NBA’s all-time scoring list.Had Durant not missed the 2019-20 season recovering from an Achilles rupture and not been limited to 35 games in 2020-21 and 47 games in 2022-23, he would…
Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Friday, July 26, 2024.Bloomberg | Bloomberg | Getty ImagesLast week, White House crypto czar David Sacks held his first press conference to discuss the future of crypto policy coming out of the Trump administration.While that will include stablecoin legislation and digital asset regulation, Sacks told CNBC that a top agenda idea is also evaluating “whether it’s feasible to create either a bitcoin reserve or some sort of digital asset stockpile.”But will the momentum around bitcoin and other cryptocurrencies carry over to corporate America more…
TOKYO (AP) — Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third quarter as it racked up red ink from its Vision Fund investments. That’s compared to a 950 billion yen profit in October-December 2023. Quarterly sales rose 3% from the previous year to 1.83 trillion yen ($11.9 billion), the Tokyo-based company said Wednesday. The report comes barely a month after Masayoshi Son, the founder and chief executive, appeared with President Donald Trump in Washington, as well as with Sam Altman of OpenAI and Larry Ellison of Oracle, to announce an…
In just a few days, France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders. They’ll most likely announce some big investments and diplomatic agreements focused on safety or the environmental impact of artificial intelligence. Ahead of the summit, early-stage VC firm Galion.exe, growth investment firm Revaia, and advisory firm Chausson Partners teamed up to create the French AI Report, which looks at the current trends in the tech ecosystem. While all eyes are currently on the U.S. and China with OpenAI looking to raise tens of billions of dollars…
Coca-Cola bottles are seen at a shop in Srinagar, Jammu and Kashmir, on Jan. 28, 2025.Firdous Nazir | Nurphoto | Getty ImagesCoca-Cola will shift more of its packaging from aluminum to plastic bottles if President Donald Trump implements his latest wave of tariffs, CEO James Quincey said Tuesday.”As it relates to our strategies around ensuring affordability and ensuring consumer demand, if one package suffers some increase in input costs, we continue to have other packaging offerings that will allow us to compete in the affordability space,” Quincey said on the company’s earnings conference call. “For example, if aluminum cans become…
Kash Patel, U.S. President Donald Trump’s nominee to be director of the FBI, looks on as he testifies before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., January 30, 2025. Evelyn Hockstein | ReutersPresident Donald Trump’s nominee to lead the FBI, Kash Patel, was accused Tuesday of personally directing an “ongoing purge” of civil servants at the agency before being confirmed by the Senate.In a letter to the Justice Department’s internal watchdog, Sen. Dick Durbin, D-Ill., wrote that he had “received highly credible information from multiple sources,” who described Patel’s alleged involvement in the personnel decisions.”This alleged…
Everton score stoppage-time equaliser against Liverpool in last Merseyside derby at Goodison Park.The 120th and final Merseyside derby at Goodison Park delivered a stunning finish as James Tarkowski grabbed an equaliser for Everton in the eighth minute of stoppage time to secure a 2-2 draw with Liverpool in the Premier League. With virtually the last kick of a game that ended with a mass scuffle and three red cards, Tarkowski smashed a shot into the roof of the net to spark wild celebrations inside one of English football’s most venerable and atmospheric stadiums, which will be demolished at the end…
Silver price ended yesterday above 31.63$ level and the negative pressure that it witnessed in the previous sessions, to keep the bullish trend scenario active for the upcoming period, organized inside the bullish channel that appears on the chart, supported by the EMA50 that carries the price from below. Are you looking for more comprehensive and exclusive analysis? Join the FxNewsToday VIP Telegram Channel Packages for 5 Instruments of Your Choice Packages with Unlimited Instruments What You Get When You Subscribe Daily market analysis and detailed explanation of signals Price Bullish/Bearish trends and expected trading range …