Brent crude futures were higher by $2.98 or 3.03% to $101.46 a barrel, and U.S. West Texas Intermediate was up $3 or 3.18% to $97.29 a barrel at 0640 GMT. Both contracts had dropped down about 4% on Monday. Shanghai stated on Monday that more than 7,000 residential units had been organized as lower-risk areas …
Oil Increases Shanghai Lift Some Coronavirus Rules Read More »
After years of strengthening overseas production and supply chains, Japan’s manufacturers now see less advantage from a softer currency, company officials and economists express. The economic pain from a weaker yen has become stark now. The current yen sell-off has sharply lifted commodities costs to blow to household spending. It also demonstrates how the steady …
Fresh data on Indian crypto exchanges’ trading volume indicates a significant reduction in trading practices among Indians just ten days behind the tax rule implementation. Despite many stakeholders and exchange operators ‘ warnings about its ill effects, India’s current 30% crypto tax rule impacted on April 1. A research data report shared by Indian blockchain …
Facebook owner Meta Platforms announced on Monday that it would allow the selling of digital assets and experiences within its virtual reality platform Horizon Worlds. This move is a key part of the tech giant’s plan for creating a metaverse. Accordingly, the social media giant would permit content creators to sell attachable accessories for the …
Meta allows Horizon Worlds to sell virtual goods Read More »
Shares of Warner Bros. Discovery ticked higher on Monday’s regular session, the first trading of the media streaming company on NASDAQ. Its stock price strengthened by 5.90% or 1.36 points to $24.43 per share. The firm is a merger of Discovery, AT&T, and WarnerMedia, with a value of $43.00 billion. Chief Officer David Zaslav led …
Warner Bros. Discovery shares rise in public debut Read More »
The producer price index (PPI) increased 8.3% year-on-year, as stated by data from the National Bureau of Statistics (NBS); it fell from 8.8% growth in February but beat a forecast for a 7.9% incline in a Reuters poll. The year-on-year PPI rise was slowly since April 2021; however, the monthly growth of 1.1% was the …
China’s Producer and Consumer Inflation Increased Read More »
Gold futures edged down 0.15% to $1,671.75 by 1:08 AM ET (5:08 AM GMT), touching a one-week high of $1,949.32 earlier. On Monday, the dollar, which usually moves inversely to gold, edged up. On Friday, the dollar steadied after topping the 100-mark for the first time in nearly two years. The 10-year benchmark U.S. yield …
Solana (SOL) price achieved $143.50 on April 2 behind an 82% rally over 20 days. This positive performance can be attributed to recent NFT markets-related news and a marketwide bounce. Still, the 22.7% descent could confuse investors. The rally began after Coinbase Wallet added support for SOL and other Solana-based blockchain tokens on March 18. …
SOL’s Fall 20% Drop Didn’t Affect Marketplace Integration Read More »
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