Economy

Economy
Economy

Bank of Japan set for landmark rate hike in 30 years; markets to focus on BoJ’s comments

Japan’s central bank on Thursday began its final policy meeting of the year, with investors widely expecting a landmark interest rate increase that would take borrowing costs to their highest level in three decades. The Bank of Japan’s decision, due on Friday, is seen as another step in its long-awaited shift away from ultra-loose monetary

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Economy

US CPI comes in below forecasts, boosting hopes of faster Federal Reserve rate cuts

Consumer prices in the United States rose less than expected in November, adding to investor optimism that with inflationary pressures easing, the Federal Reserve might cut interest rates more aggressively than Wall Street has pencilled in. The consumer price index increased at a 2.7% annual rate, according to a delayed report from the Bureau of

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Economy

From Europe to the world: WhiteBIT reinforces its position among leading global crypto platforms

In 2025, WhiteBIT expanded its international presence, entered new markets, and developed its product and institutional offering. The year focused on geographic expansion, partnerships, and operational development across retail and institutional segments, alongside ongoing compliance and security efforts. Building a global crypto platform In 2025, WhiteBIT announced the launch of W Group, a fintech global

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Economy

US initial jobless claims drop by 13,000 to 224,000, signaling low layoffs

US initial jobless claims fell by 13,000 to a seasonally adjusted 224,000 for the week ending December 13. The development comes as a reversal to the previous week’s sharp spike and points to continued restraint in corporate layoffs. The reading is slightly better than consensus expectations of 225,000 and provided reassurance that labor market conditions

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Economy

What to expect from Micron’s first quarter results?

Micron Technology Inc. is set to report its fiscal first-quarter earnings after market close on Wednesday, with investors closely watching whether the memory-chip maker can exceed already-strong expectations and reassure markets about the durability of the artificial intelligence trade. After a year of exceptional stock performance, the company’s outlook will likely play a decisive role

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Economy

Hut 8 stock jumps on hyperscale AI data centre deal with Anthropic, Fluidstack

Shares of crypto miner Hut 8 jumped nearly 17% in premarket trading on Wednesday after the company announced a major artificial intelligence infrastructure partnership with Anthropic and cloud compute provider Fluidstack. The deal marks a significant expansion beyond Hut 8’s traditional bitcoin mining roots, positioning the company as a developer and operator of large-scale data

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Economy

Interview: SynFutures CEO Rachel Lin explains why ETFs change the shape of Bitcoin’s drawdowns, not the cause

As Bitcoin navigates recent price volatility, market participants are questioning how much structural dynamics have shifted. We spoke with Rachel Lin, CEO and Co-Founder of decentralized derivatives exchange SynFutures, to unpack the current landscape. From the reliability of ETF cost-basis clusters to the changing behaviours of long-term holders, Lin offers a clear-eyed assessment of the

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Economy

Affirm stock flashes bullish engulfing signal as analysts stay optimistic

Affirm stock price popped by over 10% on Tuesday as investors cheered the company’s presentation at its event. It jumped to a high of $73.40, up sharply from last month’s low of $60.40. It remains up by 135% from its lowest level this year, with its market capitalization rising to over $25 billion. Affirm reaffirmed

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Economy

XRP could dip to the $1.77 low as market remains bearish: check forecast

XRP, the native cryptocurrency of the Ripple ecosystem, is down by less than 1% over the last 24 hours, recovering from a significant drop on Tuesday. The dump saw XRP retest the $1.85, but it is now trading at $1.91 per coin. However, market sentiment remains poor, and XRP could record further losses in the

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Economy

UK crypto ownership falls in 2025 as investors concentrate on Bitcoin and Ether

Cryptocurrency ownership among UK adults fell in 2025, but new data suggest the market is becoming increasingly concentrated around Bitcoin and Ether rather than disappearing altogether. Survey findings published by the Financial Conduct Authority show that fewer people now hold digital assets, even as those who remain invested are committing larger sums and focusing on

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