Binance remains committed to Europe despite regulatory hurdles Binance Co-CEO Yi He stated that Europe is an important market for the company. The company will continue working with EU and national authorities to advance compliance efforts. Binance expects
UPS is adding 27 temperature-controlled facilities globally to handle rising demand for sensitive pharmaceuticals like GLP-1 drugs. United Parcel Service will invest $48 million to expand its healthcare logistics network, adding 27 cold-chain facilities across the Americas
IMF chief economist notes minimal signs of de-dollarization as gold demand and stablecoins fail to disrupt USD's central role in global trade. The global economy remains firmly anchored by the U.S. dollar despite shifts in trade flows and tariff policies, the IMF's outgoin
Bank Negara Malaysia’s policy to boost repatriation of offshore earnings lifts the ringgit, though Fed tightening limits upside potential. The Malaysian ringgit rose 0.4% against the US dollar after Bank Negara Malaysia reintroduced a 2024-style measure to encourage repatr
Microsoft and Meta shares rise as markets signal resistance to 4x memory chip price hikes amid AI infrastructure buildout. Nasdaq gains reflect growing pushback from hyperscalers against soaring memory chip prices, with Micron’s recent quarter highlighting supply constrain
Investors trim USD positions after a two-week rally, lifting the Australian dollar near 0.6900 ahead of month-end. The Australian dollar climbed toward 0.6900 against the US dollar on Friday as traders booked profits on the greenback following a two-week advance. The pullb
The Australian Dollar recovers intraday losses as traders book profits on the US Dollar after a two-week rally ahead of quarter-end adjustments. AUD/USD climbed to 0.6904 on Friday, recovering from earlier declines as the US Dollar weakened. Investors took profits on the G
Economists see CNY 393bn y/y deficit shortfall in April-May as temporary, with budget room allowing accelerated spending to support growth. China’s fiscal spending lagged in the first five months of 2026, with general public budget spending rising just 0.8% y/y against a 4
Chloe Ladwig/PitchBook News Billions of dollars are flowing into AI video generation, and the market is just getting started. In the past five years, investment in startups developing AI video and media tech has more than tripled, according to PitchBook data Funding
Recent U.S. inflation figures and falling oil prices reduce expectations for aggressive Federal Reserve tightening this year. The dollar fell for a second consecutive session on Friday, pressured by cooling inflation expectations and a 4% drop in oil prices. The move follo
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