Monday, September 28, 2020
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China State Media Make Rare Reports Calling Crypto 2020’s Best Performing Asset

China Central Television (CCTV), the country's top broadcaster, published a three-minute news clip on Friday that highlighted crypto assets have soared by 70% this year so far. Several...

Dollar off two-month peak but on course for best week in six months

The U.S. dollar dipped from a two-month peak on Friday as renewed hopes of fresh U.S. stimulus eased investors’ concerns about its economic recovery, while the Chinese yuan gained...

China on course for record LNG imports as industries recover, expand

China’s imports of liquefied natural gas will likely grow 10% to new highs this year as companies scoop up cheap supplies to cover increasing industrial use and robust residential...

Ex-Pantera Partner’s New Crypto Fund Is ‘Not for the Faint of Heart’

Paul Brodsky, a former partner at storied crypto investment firm Pantera Capital, has left to launch a hedge fund aimed at volatility plays across cryptocurrencies and traditional assets.

Wells Fargo signs data exchange agreement with Envestnet Yodlee

Wells Fargo & Co and data aggregator Envestnet Yodlee said on Thursday they had signed a data exchange agreement, the latest move in an ongoing tug of war between...

Shell considering sale of stake in Philippines’ Malampaya project

Royal Dutch Shell PLC RDSa.L is looking to sell its 45% stake in the Malampaya gas-to-power project in the Philippines, the key power source of the country's main island of Luzon,...

Nike shares set for record high after digital sales power stellar results

Nike Inc's NKE.N shares were set to open at a record high on Wednesday after the world's largest sports shoemaker posted stellar quarterly results, driven by online sales.

Top shipping insurance group will not cover ships linked to Nord Stream 2

The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S....

US Government Darknet Drug Raids Seize $6.5M in Cash and Crypto

The U.S. government has made one of the biggest drug busts in history, with half a tonne of narcotics and millions of dollars in cash and cryptocurrencies taken from...

East Mediterranean states formally establish Egypt-based gas forum

Six states signed a charter for an Egypt-based energy forum on Tuesday, giving formal status to a group that seeks to promote natural gas exports from the eastern Mediterranean...