News
Bitcoin (BTC) is starting the final week of January in a place no one wanted but many warned about — a 50% drawdown from all-time highs. A flight to $34,000 means that BTC/USD is now down by half in just two months, and perhaps naturally, concerns are that the losses could continue. With $30,000 so […]
Shares of Microsoft Corp. MSFT, -4.17% dove 5.8% in midday trading Monday, to put them on track for a six-month low, and enough to pace the 29-of-30 Dow Jones Industrial Average DJIA, -2.68% components that are losing ground. The stock’s $17.27 price decline, which is the stock’s second-biggest-ever price decline behind the $23.41 record selloff […]
Montréal – The Canadian Securities Administrators (CSA) today announced that the Investment Industry Regulatory Organization of Canada (IIROC) and the Montréal Exchange (MX) have entered into a Memorandum of Understanding (MoU) regarding cross-market surveillance of the securities and derivatives markets to help mitigate the risk of market integrity breaches. The MoU’s primary objectives is to […]
The second phase of the CBDC mock testing is expected to be completed by June this year 2895 Total views 42 Total shares The Bank of Korea has successfully completed the first phase of its central bank digital currency (CBDC) mock testing, which started in August 2021. The South Korean central bank said that the […]
Department store shares moved higher Monday after a Wall Street Journal report that Kohl’s Corp. KSS, +33.01% has received a $9 billion takeover bid from activist hedge fund Starboard Value LP. Kohl’s confirmed receipt of a takeover offer. Kohl’s shares soared nearly 34% in Monday trading. Macy’s Inc. M, +7.54% stock rose 5.7%, and Nordstrom […]