Asian Stocks to Rise, Jobs Data Fuels Wall Street: Markets Wrap
Shares in Asia rose Friday after an upbeat day on Wall Street following jobs data that supported the case for US rate cuts.
Shares in Asia rose Friday after an upbeat day on Wall Street following jobs data that supported the case for US rate cuts.
Companies developing psychedelic drugs are no longer seen as niche investments with key regulatory decisions on the horizon.
Grayscale Investments’s first-quarter revenue was flat after the issuer of the world’s largest cryptocurrency investment vehicle decided to hold the line on fees for its flagship Bitcoin exchange-traded fund.
Bitcoin is grinding lower as part of a $500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked.
Saudi Arabia has more than ten companies waiting to pursue initial public offerings on its stock exchange, while upwards of 50 firms have applied for listings, in a sign that the frenzy of IPO activity in the kingdom is set to continue.
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