Economy
Finance, markets, investments, cryptocurrency and economic news
After nearly 20 years of weak earnings, Nippon Sheet Glass (NSG) is going all-in on materials for perovskite solar cells, leveraging technology from its British subsidiary Pilkington to cut production costs.
The CoinDesk 20 index fell 0.8% on Dec. 23, with all assets declining. Uniswap (UNI) led the losses with a 3.7% drop, reversing some of its 19% weekend surge amid a broader market downturn.
Novo Nordisk (NVO) stock jumped 8% following FDA approval for the oral pill version of its weight-loss drug Wegovy. The move is expected to significantly broaden patient access and intensify competition with Eli Lilly.
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[email protected]Arif Habib Consortium has won the bid to acquire 75% of Pakistan International Airlines for $482 million. The sale is a key part of the IMF's conditions for a $7 billion loan program and serves as a major test for Pakistan's wider privatization drive.
Japan's GDP per capita ranking falls to 24th, largely due to the weak yen. The government counters with a record ¥122 trillion budget and a strategic bet on deep-sea rare earth mining.
As the AI industry's data center spending tops $61 billion, former Facebook exec Chris Kelly says the next race is for efficiency. The companies that solve AI's power and cost problem will emerge as the next winners.
Flare has launched earnXRP, an on-chain vault allowing XRP holders to earn yield without selling their tokens or using complex DeFi strategies. Here's how it works.
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[email protected]Crucial U.S. economic data, delayed since October by the government shutdown, is set for release. Find out how this report card on the Trump administration's economy will impact markets and your portfolio.
The Council of the EU has backed the ECB's digital euro project but insists on holding limits to prevent capital flight from commercial banks, sparking a debate on stability versus competition.
The U.S. dollar index is near a 3-month low, sending gold and copper to record highs. But Bitcoin isn't following, raising questions about its safe-haven narrative amidst diverging central bank policies.
Shinhan Card reports a data leak affecting over 190,000 merchant operators, caused by internal employees seeking to boost sales performance. No sensitive financial data was compromised. Learn about the scope and the company's response.
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[email protected]Pakistan stockbroker Arif Habib Consortium has won the bid to acquire a 75% stake in Pakistan International Airlines for $412 million. The sale is a key part of the country's $7 billion IMF loan program and a litmus test for further privatizations.