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Cryptocurrencies
South Korea’s Bithumb announces corporate restructuring in Q3, XRP tanks 2% on the exchange
South Korean crypto exchange Bithumb announced late Monday that it is spinning off part of its non-digital currency operations into a new corporate entity to minimize risk across its business lines. The announcement, made through the country’s official DART disclosure platform, revealed the restructuring will take effect on July 31, 2025. Meanwhile, XRP, the most […]Cryptopolitan
Tue, Apr 22
Economic Indicator
Majority of German firms fear negative effects of Trump tariffs, ZEW finds
BERLIN, April 22 (Reuters) - More than 80% of German companies in manufacturing and the information technology industry expect a negative impact on the German economy from tariffs imposed by the U.S., according to a survey by the Leibniz Centre for European Economic Research ZEW. The survey, seen by...Reuters
Tue, Apr 22
Forex
AUD/JPY falls to near 90.00 as safe-haven demand boosts Japanese Yen
AUD/JPY continues to decline for a third consecutive session, hovering near 90.10 during European trading hours on Tuesday. Persistent trade-related uncertainties and geopolitical tensions are bolstering demand for safe-haven assets like the Japanese Yen (JPY), pressuring the cross lower.
Fxstreet
Tue, Apr 22
Forex
FOREX-Dollar close to multi-year lows versus euro, Swiss Franc as Trump attacks the Fed
Trump calls Powell "major loser", demands rate cut "NOW"Safe-haven yen notched new 7-month high versus dollar Swiss franc near decade peak, euro close to 3-1/2-year highDollar took a step lower after trade talks with Bangkok delayedBy Stefano Rebaudo and Kevin Buckland April 22 (R...Reuters
Tue, Apr 22
Stocks
The Social Security 2026 COLA Forecast Just Increased. But There's Bad News for Retirees.
Millions of retired workers depend on Social Security benefits to make ends meet, and they count on annual cost-of-living adjustments (COLAs) to keep their payments aligned with inflation. Benefits lose purchasing power if those COLAs are too small, in which case Social Security recipients would eff...The Motley Fool
Tue, Apr 22
Stocks
Prediction: 8 Wall Street Analysts Lowered Nvidia's Price Target Last Week -- and This Is Just the Beginning
For more than two years, no trend has captivated the attention of investors quite like the evolution of artificial intelligence (AI). The ability for software and systems to reason, act, and potentially even evolve to learn new skills, all without the aid of human intervention, gives this technology...The Motley Fool
Tue, Apr 22
Forex
Polish central bank reports loss of $3.6 billion in 2024 amid robust zloty
WARSAW, April 22 (Reuters) - The National Bank of Poland (NBP) reported a loss of 13.35 billion zlotys ($3.59 billion) in 2024, compared to a loss of 20.8 billion zlotys the previous year, largely due to a stronger currency, it said in a report published on Tuesday.The loss came amid the costs of co...Reuters
Tue, Apr 22
Cryptocurrencies
Strategy Latest Acquisition: 6,556 BTC Added To Massive Bitcoin Stash For Half A Billion
Strategy, formerly known as MicroStrategy, the now Bitcoin proxy firm founded by Bitcoin (BTC) bull Michael Saylor, made headlines once again on Monday by acquiring an additional 6,556 BTC, bringing its total BTC holdings to an impressive 538,200 BTC. This latest purchase, amounting to approximately...NewsBTC
Tue, Apr 22
Cryptocurrencies
New $0.025 Token Sees Surge In Inflows As Dogecoin (DOGE) and Cardano (ADA) Millionaires Quietly Accumulate
As market volatility impacts Dogecoin (DOGE) and Cardano (ADA), investors turn their attention towards Mutuum Finance (MUTM), an emerging token listed at $0.025, that has seen tremendous inflows of capital. MUTM’s pull is the revolutionary Decentralized Finance (DeFi) platform marrying Peer-to-Contract (P2C) and Peer-to-Peer (P2P) lending platforms with automated lending pools and bilateral loan agreements […]Cryptopolitan
Tue, Apr 22
Other
Iran's foreign minister to visit China on Wednesday, Chinese foreign ministry says
BEIJING, April 22 (Reuters) - Iran's Foreign Minister Seyed Abbas Araghchi will visit China on April 23 at the invitation of China, the Chinese foreign ministry announced on Tuesday.The two sides will discuss bilateral relations and international and regional hot-spot issues of common concern, m...Reuters
Tue, Apr 22
Other
FACTBOX-Foreign companies eye US expansion to lessen fallout from tariffs
April 22 (Reuters) - Some non-U.S. companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the impact of President Donald Trump's sweeping tariffs.Below are some of the plans flagged by those companies.BARRY CALLEBAUT BARN.SThe chocola...Reuters
Tue, Apr 22
Commodities
METALS-London copper hits over two-week high as dollar slumps
NEW DELHI, April 22 (Reuters) - Copper prices in London hit a more than two-week high on Tuesday, tracking a sharp fall in the dollar as U.S. President Donald Trump's ramped-up criticism of the Federal Reserve chairman shook investor confidence in the U.S. economy.The benchmark three-month coppe...Reuters
Tue, Apr 22
Forex
NZD/USD maintains position above 0.6000 near five-month highs due to US uncertainty
NZD/USD extends its winning streak from April 9, trading near the 0.6000 level during early European hours on Tuesday. The pair continues to gain as the US Dollar (USD) weakens under the weight of growing economic and political uncertainty in the United States.
Fxstreet
Tue, Apr 22
Other
Ericsson expands manufacturing in India to make antennas
STOCKHOLM, April 22 (Reuters) - Sweden's Ericsson ERICb.ST is planning to manufacture all its telecom antennas for the Indian market in the country, the company said on Tuesday.Demand from India's telecom companies started to skyrocket in 2023, as Bharti Airtel and Jio, the telecom unit of R...Reuters
Tue, Apr 22
Stocks
Japan's Nikkei ends lower as tariffs, Trump's attacks on Fed chief weigh
TOKYO, April 22 (Reuters) - Japan's Nikkei recouped some of its early losses but closed lower on Tuesday, as investors bought local stocks amid a broader flight from U.S. assets following President Donald Trump's continued criticism of the Fed chairman. The Nikkei .N225 fell 0.17% to close ...Reuters
Tue, Apr 22
