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Economic Indicator
China SMEI: Activity slows in February – Standard Chartered
Headline SMEI edged down 0.5pts to 50.4 in February as current performance sub-index fell below 50.
Fxstreet
Thu, Feb 20
Cryptocurrencies
RPT-Crypto worth $99 million withdrawn from Milei-backed Libra token, researchers say
Repeats Wednesday story with no changesCrypto wallets linked to Libra withdrew from liquidity poolArgentina President Javier Milei promoted Libra token FridayLibra token rose to $4.50 before plummeting By Elizabeth Howcroft and Hannah Lang Feb 19 (Reuters) - Around $99 million worth of cryptocurr...
Reuters
Thu, Feb 20
Forex
AUD/JPY trades below 96.00 due to rising odds of more BoJ rate hikes
AUD/JPY loses ground for the second successive day, trading around 95.80 during the European hours on Thursday.
AUD/JPY
Fxstreet
Thu, Feb 20
Other
BRIEF-NetEase Reports Net Revenues For Q4 2024 Were $3.7 Billion, Down 1.4% YoY
Feb 20 (Reuters) - NetEase Inc 9999.HK:NETEASE INC - NET REVENUES FOR Q4 2024 WERE $3.7 BILLION, DOWN 1.4% YOYNETEASE INC - BASIC NET INCOME PER SHARE FOR Q4 2024 WAS $0.38, NON-GAAP $0.42NETEASE INC - NET INCOME FOR Q4 2024 WAS $1.2 BILLION, NON-GAAP NET INCOME $1.3 BILLIONSource text: ID:nPn5RhRRb...
Reuters
Thu, Feb 20
Cryptocurrencies
Elon Musk’s DOGE to audit U.S. money sent to Ukraine, “half the money is missing” Trump
Elon Musk and the Department of Government Efficiency (DOGE) have agreed to an audit of US funds sent to Ukraine. Musk responded with a simple “OK” on his social media platform X to a Tuesday post by political commentator Charlie Kirk, who requested Musk and DOGE to lead an investigation into how American aid has […]
Cryptopolitan
Thu, Feb 20
Cryptocurrencies
Strategy Sits Tight On 478K Bitcoin—No New Purchases In Last 7 Days
Michael Saylor of Strategy (formerly MicroStrategy) announced that the company didn’t purchase new Bitcoins last week, maintaining its holdings at 478,740. He said that the company noted zero investments in its class A common stock, which is available through the at-the-market equity program, betwee...
Bitcoinist
Thu, Feb 20
Stocks
Youdao Reports Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results
HANGZHOU, China, Feb. 20, 2025 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31...
PR Newswire
Thu, Feb 20
Cryptocurrencies
The Best Crypto Token with a Shocking 75x Potential, Here’s Why Shiba Inu (SHIB) Doesn’t Have What It Takes
The crypto market is always on the lookout for the next big token with life-changing potential. Shiba Inu was once a strong player, creating many millionaires last bull cycle. In 2025, a new crypto, Mutuum Finance (MUTM), is poised for massive growth, with at least a 75x return expected. Currently in the first presale phase, […]
Cryptopolitan
Thu, Feb 20
Other
US real estate firm CoStar prepares $1.7 billion bid for Australia's Domain, source says
SYDNEY, Feb 20 (Reuters) - U.S. real estate firm CoStar CSGP.O is preparing an A$2.7 billion ($1.72 billion) bid for Australian property classifieds firm Domain HoldingsDHG.AX, according to a person with direct knowledge of the matter.($1 = 1.5689 Australian dollars)
Reuters
Thu, Feb 20
Forex
BUZZ-COMMENT-Swedish interest rates are likely to remain stable
Feb 20 (Reuters) - Swedish interest rates might be cut by a further 25-basis points at the May Riksbank meeting but analysts are beginning to lean more towards a no change decision as the inflation rate climbs clear above the central bank's target. When considered in isolation, the 2.2% year-on-...
Reuters
Thu, Feb 20
Economic Indicator
RPT-U.S. State Department revises China webpage to focus on trade, business curbs
Repeats to widen distributionChanges highlight trade deficit, U.S. business concernsNo mention of China aid or working with allies on common valuesAccuses Beijing of attempting to 'subvert' international bodiesBy Laurie Chen BEIJING, Feb 20 (Reuters) - The U.S. State Department has change...
Reuters
Thu, Feb 20
Other
Zurich estimates pre-tax impact of $200 million from LA wildfires
By Rebecca DelaneyFeb 20 - (The Insurer) - Zurich Insurance on Thursday announced a P&C combined ratio of 94.2% for the 12 months ended December 31, 2024, with the group also disclosing that it expects a pre-tax impact of $200 million (including Farmers Re) from the California wildfires.The carr...
Reuters
Thu, Feb 20
Other
BRIEF-Intralot Signs Real-Time Monitoring Contract For Cash Devices (VLTs) In Nebraska
Feb 20 (Reuters) - Intralot Integrated Lottery Systems and Services SA INLr.AT:SIGNS CONTRACT WITH NEBRASKA'S CHARITABLE GAMING DIVISION TO PROVIDE A REAL-TIME MONITORING AND REPORTING SYSTEM FOR CASH DEVICES STATEWIDECONTRACT WILL RUN FOR 5 YEARS WITH THE OPTION TO RENEW FOR FOUR ADDITIONAL 2-Y...
Reuters
Thu, Feb 20
Stocks
Will Moderna Stock Drop to $25? 1 Wall Street Analyst Thinks So.
In the dark days of the coronavirus pandemic, Moderna (NASDAQ: MRNA) was a ray of light in more ways than one. The healthcare company's innovative Spikevax was one of the go-to vaccines that sped to market, not only protecting hundreds of millions of people from COVID-19, but also producing gobs of ...
The Motley Fool
Thu, Feb 20
Economic Indicator
U.S. State Department revises China webpage to focus on trade, business curbs
Changes highlight trade deficit, U.S. business concernsNo mention of China aid or working with allies on common valuesAccuses Beijing of attempting to 'subvert' international bodiesBy Laurie Chen BEIJING, Feb 20 (Reuters) - The U.S. State Department has changed references to China on its ...
Reuters
Thu, Feb 20
Other
Euro zone bond yields steady, defence spending in focus
Feb 20 (Reuters) - Euro zone government bond yields stabilised on Thursday, after rising for four days, as markets awaited more clarity around the prospects of increased defence spending in Europe. Traders also assessed minutes from the U.S. Federal Reserve's January policy meeting, published on...
Reuters
Thu, Feb 20
Other
Prediction markets expect DOGE will cut more jobs in 2025
According to prediction markets, Kalshi forecasts that the Department of Government Efficiency (DOGE) will cut 317,000 government employees in 2025. The agency has already fired thousands of government employees and offered others deferred resignation proposals.
Cryptopolitan
Thu, Feb 20
Forex
Pound Sterling flattens against USD as investors seek fresh cues on Trump’s tariff policies
The Pound Sterling (GBP) trades in a tight range around 1.2600 against the US Dollar (USD) in Thursday’s European session.
GBP/USD
Fxstreet
Thu, Feb 20
Other
Jana Partners discloses modest Markel stake after activist move
By David BullFeb 19 - (The Insurer) - Activist investor Jana Partners' latest 13F filing shows that it bought 108,926 shares in Markel during the fourth quarter of 2024, having called on the company to separate or sell its Markel Ventures business.The filing confirmed that Jana Partners acquired...
Reuters
Thu, Feb 20
Stocks
EMERGING MARKETS-Asian FX nudges higher as dollar eases after two-day rally
Updates as at 0701 GMTS.Korean won jumps to over three-week highSoft dollar pushes Asia FX higherAsian share markets fall amid rate-cut woesBy Rajasik Mukherjee and Roushni Nair Feb 20 (Reuters) - The Thai baht and the Malaysian ringgit led most Asian currencies higher on Thursday, as the dollar ...
Reuters
Thu, Feb 20
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