Broadcom shares popped 9% after Citi resumed coverage on the semiconductor maker, rating it a “buy.”
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U.S. efforts to clamp down on investments in China may be undermined by continued funding from some of the country's institutional investors, analysis shows.
Investor interest in the last few years largely stems from a desire for stable returns at a time of high inflation and heightened volatility in public markets.
AVAX surged while other tokens plunged, with analysts pegging its outperformance on being relatively undervalued while forging new partnerships with JPMorgan and Citi.
FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill.
Support for the Digital Asset Anti-Money Laundering Act is growing in Congress, but most bills sponsored by legislators never become law.
Amid intense pressure from oil and gas producers, language referring to the phaseout of fossil fuels was removed in the latest draft of the UN Climate Change Conference's Global Stocktake, released Dec. 11.
The famed investor expects the central bank will be sure to tamp out inflation before starting to lower rates so as to avoid a repeat of the 1970s.
The Volcano Bond was approved by the country's Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024.
India has been a standout market this year in the Asia-Pacific region, while Hong Kong is the worst performer among the region's major equity markets.
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