Finance

New Zealand Economy’s Second-Quarter Slump Fuels Rate-Cut Bets

New Zealand Economy’s Second-Quarter Slump Fuels Rate-Cut Bets

(Bloomberg) — New Zealand’s economy shrank much more than economists forecast in the second quarter, fueling bets that the central bank may need to cut interest rates more aggressively...

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Where Is Bitcoin Headed Next Following Fed Chair Powell’s Remarks?

Where Is Bitcoin Headed Next Following Fed Chair Powell’s Remarks?

Neither the U.S. central bank’s decision to drop the interest rate nor Federal Reserve Chair Jerome Powell’s measured comments following the announcement stirred Bitcoin much on Wednesday. But an...

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Disney Pulls ‘Kimmel Live’ Over Host’s Charlie Kirk Remarks

Disney Pulls ‘Kimmel Live’ Over Host’s Charlie Kirk Remarks

Jimmy Kimmel (Bloomberg) — Walt Disney Co.’s ABC network is taking off the air indefinitely amid a backlash to remarks the late-night host made about the killing of Republican activist...

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Meta launches Hyperscape, technology to turn real-world spaces into VR

Meta launches Hyperscape, technology to turn real-world spaces into VR

Image Credits:Meta Although today’s Meta Connect developer conference was largely about new smart glasses, the social networking company did announce a handful of metaverse updates during Wed...

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DBS, Franklin Templeton, Ripple team up on tokenised money market fund trading

DBS, Franklin Templeton, Ripple team up on tokenised money market fund trading

SINGAPORE (Reuters) -DBS Group has partnered with U.S. asset manager Franklin Templeton and blockchain firm Ripple to offer accredited and institutional investors trading and lending services usi...

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