By Samuel Shen and Eduardo Baptista SHANGHAI/BEIJING, June 17 China took fresh steps on Wednesday to fund tech innovation amid an intensifying rivalry with the U.S., saying it would support listings of startups in "future industries" like quantum technology, nuclear fusion and...
Brookfield Renewable yields over 4%, outpacing S&P 500 Brookfield Renewable has increased its high-yielding payout by at least 5% each year since 2011. The company expects to grow its funds from operations at a rate of more than 10% annually through 2031, driven by in
The Nasdaq-listed automaker reported a 70% year-over-year increase in domestic EV sales, outpacing Vietnam’s broader market growth. VinFast Auto sold 19,503 battery electric vehicles in Vietnam during May, marking a 70% rise from 11,496 units a year earlier. The surge was
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Bitcoin trader warns of 'bearish reaction' to FOMC with $64K now essential Bitcoin approached important near-term support on new Fed chair Kevin Warsh's first FOMC day with a $55,000 BTC price target still on the table. Bitcoin (BTC) fell below $65,000 on Wednesday as trad
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The SEC plans an innovation exemption allowing crypto firms to offer blockchain-based stocks, potentially transforming equity trading. The US Securities and Exchange Commission is preparing to introduce an innovation exemption that would permit crypto companies to trade to
NEW YORK, June 17 U.S. equity markets face a potential shakeup as the Securities and Exchange Commission readies a new policy that would allow crypto companies to offer blockchain-based stocks, analysts and lawyers said. The crypto industry says tokenized stocks — blockcha
SoFi Technologies gains 75% over three years while PayPal declines 32% amid leadership changes and competitive pressures. SoFi Technologies has surged 75% in the past three years, contrasting sharply with PayPal Holdings' 32% decline. PayPal, once a fintech pioneer, faces
Record collateralized loan obligation demand drives loan spreads to nine-year lows, pressuring investor tolerance amid thin supply. European loan spreads have narrowed to their tightest levels since 2017, fueled by record demand for collateralized loan obligations outpacin
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