U.S. President-elect Donald Trump and Bitcoin. Cheney Orr | Dado Ruvic | Reuters Cryptocurrencies tumbled in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin fell 2% Monday to $95,722.77, down from a price above $102,000 before the weekend, according to Coin Metrics. The […]
Nurphoto | Nurphoto | Getty Images Asian currencies weakened sharply Monday as the U.S. Dollar rallied after U.S. President Donald Trump slapped tariffs on several countries over the weekend. The dollar index — which measures the value of the greenback against several major global currencies — spiked 1.11% to 109.58. The Chinese offshore yuan dropped […]
The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Peng Song | Moment | Getty Images China left its benchmark lending rates unchanged Monday, as Beijing contends with a weakening yuan while awaiting policy clues from the incoming […]
A television screen shows a news broadcasting of South Korean President Yoon Suk Yeol delivering a speech on emergency martial law, in Goyang, northwest of Seoul, on December 3, 2024. Jung Yeon-je | Afp | Getty Images South Korea’s won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared […]
MUMBAI, MAHARASHTRA, INDIA – 2024/10/21: Hyundai logo is seen on the Hyundai car showroom in Mumbai. Hyundai Initial Public Offer (IPO) will be listed on the stock exchange on 22nd October 2024. (Photo by Ashish Vaishnav/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images This report is from this week’s CNBC’s “Inside […]
