Tue, 21-Oct-2025

One of the biggest crypto hedge funds just defaulted on $670 million

Bitcoin

Crypto Hedge three Arrows was unable to satisfy the demands of its lenders for more money. Global investors are selling off speculative assets as the world’s economy is weakening. Su Zhu and Kyle Davies were known for making leveraged bets on the value of cryptocurrencies. Three Arrows Capital defaulted on a $670m loan. Voyager Digital … Read more

Young Arabs swipe to fintech as saving, investing takes off

Young Arabs

DUBAI: Being raised in the Middle East with a lack of savings and investment culture, many young Arabs are turning to online banking services to help track their spending and budget. When Mayar Akrameh was growing up in Lebanon, financial advice was simple: work long, work hard and aim for a high-paying job. Now the 29-year-old … Read more

Asian Stocks high as Trump resumes office after three days

Asian Stocks

Stocks in Asian Markets advanced on Tuesday after the United States President Donald Trump was discharged from hospital and returned to White House. According to the details, MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.71%, while the Hong Kong index climbed to 0.88%. Meanwhile, Japan’s Nikkei also added 0.41%. S&P 500 futures rose 0.08% after … Read more

Asian Shares shake in Friday trading after US Tech stocks tumbled on Wall Street

Asian Shares

Asian shares struggle to shake off bearish mood after United States technology stocks giant fell anew on Friday on Wall Street. According to the details, Japan’s benchmark Nikkei 225 recouped early losses to rise 0.3% in morning trading to 23,310.94. South Korea’s Kospi dropped 0.8% to 2,377.92, while Australia’s S&P/ASX 200 lost 0.8% to 5,860.50. … Read more