Author: Reuters

[ad_1] © Reuters. FILE PHOTO: Representations of cryptocurrency Bitcoin are seen on this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photograph By Ankur Banerjee SINGAPORE (Reuters) – was perched at a two-year peak on Tuesday, breaking above $68,600 and stalking the all-time excessive as cash retains dashing into the biggest cryptocurrency by market worth. Bitcoin has gained 50% this 12 months and many of the rise has are available the previous couple of weeks when inflows into U.S.-listed bitcoin funds have surged. On Tuesday, it was at $68,500 in Asian hours, having reached a session excessive of $68,828, a whisker away…

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[ad_1] 2/2 © Reuters. FILE PHOTO: An workplace worker walks in entrance of the financial institution of Japan constructing in Tokyo, Japan, April 7, 2023. REUTERS/Androniki Christodoulou/File Picture 2/2 By Nell Mackenzie, Carolina Mandl and Summer time Zhen LONDON (Reuters) – The Financial institution of Japan, lengthy the outlier as different main economies jacked up rates of interest to curb inflation, is anticipated to finish its destructive rate of interest coverage quickly. Inflation has exceeded 2% for effectively over a yr and markets anticipate a BOJ shift by April. However uncertainty is excessive and BOJ Governor Kazuo Ueda stated final…

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[ad_1] JERUSALEM (Reuters) – The Israeli navy stated on Sunday it intensified operations within the southern Gaza metropolis of Khan Younis, destroying dozens of Hamas targets in a blitz of air and artillery strikes. The air power and artillery hit about 50 targets inside six minutes, it stated, in a bid to “intensify operational achievements within the space.” “Through the strikes, the troops destroyed terrorist infrastructure and eradicated Hamas terrorists who had been working from civilian amenities in city areas,” it stated. Residents within the space stated they had been stunned by the swift development of Israeli tanks, which sparked…

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[ad_1] © Reuters. FILE PHOTO: U.S. Secretary of the Treasury Janet Yellen seems to be at Chile’s Finance Minister Mario Marcel (not pictured) whereas they attend a press convention on the Finance Ministry constructing in Santiago, Chile, March 1, 2024. REUTERS/Ivan Alvarado/File Picture By Andrea Shalal LA NEGRA, Chile (Reuters) -U.S. Treasury Secretary Janet Yellen on Saturday predicted increasing demand for lithium – a core part wanted in batteries for electrical automobiles – would increase U.S. imports from Chile considerably in coming years. Yellen toured U.S. lithium producer Albemarle (NYSE:) in northern Chile on Saturday as she wrapped up a…

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[ad_1] © Reuters. FILE PHOTO: The brand of Qualcomm is seen in the course of the Cell World Congress in Barcelona, Spain February 27, 2018. REUTERS/Yves Herman/File Photograph By Foo Yun Chee BRUSSELS (Reuters) – Europe’s second highest court docket has stated EU regulators ought to pay 785,857.54 euros ($851,634) of authorized charges for Qualcomm (NASDAQ:), lower than 90% of the 12 million euros sought by the U.S. chipmaker after it gained an attraction in opposition to an antitrust tremendous. The Luxembourg-based Common Court docket stated the variety of hours labored and hourly charges utilized in Qualcomm’s declare was “manifestly…

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[ad_1] © Reuters. FILE PHOTO: A bitcoin is seen in an illustration image taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photograph SINGAPORE (Reuters) – Frenetic exercise in bitcoin put it heading in the right direction for its largest month-to-month achieve in additional than three years on Thursday and it’s inside vary of a report excessive as money speeding to listed bitcoin funds propels a sweeping rally. The biggest cryptocurrency by market capitalisation was regular in Asia morning commerce at $61,100, having modified fingers at as excessive as $63,933 in a single day. Its…

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[ad_1] © Reuters. Palestinians examine the positioning of an Israeli strike on a home, amid the continued battle between Israel and the Palestinian Islamist group Hamas, in Rafah within the southern Gaza Strip February 27, 2024. REUTERS/Mohammed Salem DUBAI (Reuters) – Palestinian Islamist group Hamas has obtained a draft proposal from Gaza truce talks in Paris for a pause in navy operations and the trade of Palestinian prisoners for Israeli hostages, a senior supply near the talks mentioned on Tuesday. Primarily based on a press release supplied to Reuters by the supply, the draft proposal for the primary stage of…

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[ad_1] © Reuters. Folks wait in line to forged their vote on the Northlake Hearth Station in the course of the Republican presidential major election on Election Day, in Irmo, South Carolina, U.S. February 24, 2024. REUTERS/Alyssa Pointer By James Oliphant (Reuters) -Frontrunner Donald Trump hoped to make use of a large victory in South Carolina’s Republican major on Saturday to influence rival Nikki Haley to drop out of the presidential race. Whereas the result put Trump even nearer to clinching the get together’s nomination, Haley has vowed to press on. Listed below are some takeaways from the South Carolina…

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[ad_1] © Reuters. FILE PHOTO: A smartphone with a displayed Broadcom brand is positioned on a pc motherboard on this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photograph By Milana Vinn (Reuters) -Chipmaker Broadcom (NASDAQ:) is nearing a $3.8 billion deal to promote its enterprise that permits customers to entry desktops and functions from any gadget to personal fairness agency KKR, folks acquainted with the matter stated on Saturday. The potential deal represents an effort by Broadcom CEO Hock Tan to streamline the corporate’s portfolio after finishing its $69 billion takeover of software program maker VMware (NYSE:) in November. KKR…

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[ad_1] © Reuters. FILE PHOTO: A view reveals the city space of the municipality of Santa Catarina close to the land the place Tesla has indicated it may construct a brand new gigafactory, in Santa Catarina, on the outskirts of Monterrey, Mexico February 28, 2023. REUTERS/Daniel Becerril/Fil By David Shepardson WASHINGTON (Reuters) -The U.S. authorities ought to block the import of low-cost Chinese language autos and elements from Mexico, a U.S. manufacturing advocacy group mentioned on Friday, warning they may threaten the viability of American automotive corporations. “The introduction of low-cost Chinese language autos – that are so cheap as…

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