- January 11th, 2025
The cryptocurrency market, U.S. Bitcoin exchange-traded funds (ETFs) are poised to record their highest-ever net inflow, fueled by Bitcoin’s meteoric rise toward the $100,000 milestone. A renewed wave of optimism surrounding the digital asset market has been spurred by President-elect...
Inflation in Tokyo accelerated more than anticipated in November, while other economic data aligned with the Bank of Japan’s (BOJ) projections, heightening market speculation of a possible interest rate hike in December. The yen strengthened on the news, as policymakers...
China's factory activity likely expanded modestly for a second consecutive month in November, suggesting that the government’s recent stimulus measures are beginning to take effect. The anticipated uptick offers a glimmer of hope for producers in the world’s second-largest economy,...
Mitsubishi UFJ Financial Group Inc. (MUFG), Japan’s largest bank, is considering a bid to acquire WealthNavi Inc., a Tokyo-based robo-advisory firm, as part of its broader strategy to enhance its financial technology (fintech) capabilities and tap into the growing online...
The yen soared to a six-week high on Friday, strengthening as much as 1% to 150 per dollar, fueled by unexpectedly robust inflation data in Tokyo. The surge bolstered market speculation of a potential interest rate hike by the Bank...
Iran is poised to receive six advanced Sukhoi Su-35 fighter jets from Russia, according to recent reports. The Su-35, a 4.5-generation fighter jet nicknamed "Flanker-E," represents a significant leap in aerial combat capability for Tehran. These aircraft are expected to...
In February of last year, Iran’s military unveiled a formidable addition to its defense arsenal: an underground airbase named Eagle 44 (Oghab 44). Showcased to local media, the airbase, heralded as a pivotal military facility, is designed to house Iran's...
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