Asian stocks held their ground on Wednesday as Chinese equities soared on stimulus hopes, although a resurgence in regional tensions capped broader gains with North Korea opting to restore part of a missile test site it had began dismantling earlier. Global shares MSCI’s broadest index of Asia-Pacific shares outside Japan nudged up 0.1 percent. The Shanghai […]
Cryptocurrency lending startup BlockFi has launched a crypto deposit account that provides compound interest. The accounts will support Ethereum and Bitcoin bearing 6 percent annual interest paid monthly in crypto, The company announced the news on Tuesday through a post published on its website. The firm said that BlockFi Interest Account (BIA) is now live […]
Oil prices slipped on Wednesday as bullish output forecasts by two big U.S. producers and a build in weekly U.S. crude stockpiles outweighed ongoing OPEC-led production cuts. International Brent crude futures were at $65.36 per barrel at 0440 GMT, down 50 cents, or 0.8 percent, from their last settlement. U.S. West Texas Intermediate (WTI) crude oil futures were also […]