Binance temporarily halted withdrawals of stablecoin USDC as investor concerns mount after FTX collapse
Changpeng Zhao, CEO of Binance, tweeted on Tuesday that the exchange is seeing an increase in withdrawals of USDC.
Copper prices — traditionally a barometer for the global economy — are expected to soar next year
Copper — traditionally seen as a leading indicator of economic health because of its use in many sectors — has unsurprisingly had a rough year. Yet analysts expect a resurgence in 2023.
Goldman Sachs ups its price target on one athleisure stock, giving it over 30% upside
Goldman Sachs reiterated its buy rating on the stock and raised its 12-month price target.
Sam Bankman-Fried has been arrested following FTX collapse. Here’s what happens next
FTX founder Sam Bankman-Fried was arrested on Monday in the Bahamas. He could face a lengthy prison sentence.
China axes travel tracking app in latest easing of Covid curbs
China last week started axing key parts of its stringent “zero-Covid” regime in the wake of widespread protests against the curbs last month.
Hong Kong drops curbs on incoming travelers, scraps Covid app
The government’s move to scrap its mobility-tracking app governing access to restaurants and venues such as gyms, clubs and salons, comes after mainland China dropped the requirement.
Indian and Chinese forces sustained injuries in clash, Indian defence ministry says
Indian and Chinese troops engaged and sustained injuries at a disputed Himalayan frontier.
India and Vietnam could benefit as chipmakers shift away from China
The Biden administration’s China chip curbs are prompting chipmakers to relocate production chains to neighboring countries, experts say.
‘Global contenders’: BofA names stocks with earnings momentum that look cheap
Bank of America said these stocks have outperformed the MSCI AC World Index by 6.9% year-to-date.
Asia-Pacific stocks climb as Hong Kong scraps Covid restrictions for incoming travelers
Hong Kong will post its industrial production data for the third quarter.
