Archive

Turkish Central Bank Announces 6th Consecutive Rate Cut

  The greenback rose against the Turkish lira after the Central Bank of Turkey (Türkiye Cumhuriyet Merkez Bankası or TCMB) slashed interest rates for the sixth successive time, pointing to a rebound in economic activity and the necessity to maintain

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Enjin Rolls Out Gaming Collectibles platform on Ethereum

  The cryptocurrency market is undergoing a price correction after Bitcoin (BTC) failed to hold above $10,000. At the time of writing this article, Bitcoin has lost 5.4% to trade at $9,591.83. Ether (ETH), the native crypto Ethereum blockchain, has

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Novartis Receives EC Approval for Beovu to Treat Wet AMD

  Novartis AG (NYSE: NVS) has revealed that the European Commission (EC) has approved its injection, Beovu (brolucizumab), for wet age-related macular degeneration (AMD) therapy, which is the main reason for blindness across the globe. The decision made by the

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Aussie Down as RBA Signals Further Rate Cuts

  The Aussie declined against the Japanese yen even after a preliminary report published by the Cabinet Office indicated that Japan’s economy contracted by 6.3% in the December 2019 quarter. Notably, the Central bank of China’s announcement of an interest

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IOHK Awards $500k to Wyoming University Blockchain Lab

  The cryptocurrency market continues to remain in the green with Bitcoin (BTC) hovering around $10,000 level. At the time of writing this article, Bitcoin has gained 0.2% in the last 24 hours to trade at $9.780. Ether (ETH) has

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Tesla Prices secondary offering at $767 a share

  Last Thursday, Tesla, Inc. (Nasdaq: TSLA) announced its intention to raise $2 billion through a common stock offering. The announcement came only two weeks after the company’s CEO Elon Musk stated that the electric car manufacturer would not capitalize

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Pepsi Beats Q4 Estimates, Issues Mixed FY 2020 View

  PepsiCo Inc. (PEP: Nasdaq) reported fiscal 2019 fourth-quarter profits that decreased from last year when the company received considerable tax benefits. Nevertheless, revenue and core earnings surpassed analysts’ estimates. The company also issued weaker-than-analysts’ forecasts for 2020. Following the

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Malaysian Economic Growth Tumbles to Decade Low

  The Malaysian ringgit declined against the greenback after the data published by the central bank of Malaysia (Bank Negara Malaysia or BNM) indicated that the country recorded its slowest rate of growth in a decade in the fourth quarter.

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Google To Play Active Role in Hedera Hashgraph Governance

  The cryptocurrency market continues to remain bullish with Bitcoin (BTC) once again crossing above $10,000 mark. At the time of writing this article, Bitcoin was trading at $10,371, up 1.3% from the prior close. Ether (ETH) was trading at

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Simon Property To Acquire Taubman Center For $3.60bln.

  Simon Property Group (NYSE: SPG) is acquiring the shopping complex owner Taubman Center (NYSE: TCO) in a deal worth $3.60 billion. The deal has come at a time when shopping mall operators are finding it hard to attract shoppers,

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