Russian Vlogger Harassed While Filming in Delhi Market

Russian Vlogger

Russian vlogger Koko, filming in Delhi’s Sarojini Nagar, interrupted by a man’s friendship request. Video receives 68,000 views, eliciting mixed reactions from viewers. An unexpected encounter adds a twist to the vlogger’s content. A Russian vlogger was making a video in Delhi’s Sarojini Nagar Market when he encountered an unpleasant situation. She was recording when … Read more

U.S. CPI preview: Looking beyond the headline

U.S.

Consumer prices data is due early Wednesday. Analysts expect core CPI to repeat May’s 0.6% monthly increase.  Cooling down to 5.7% year-on-year. Investors look for further confirmation that inflation has peaked. U.S. June consumer costs information due from the beginning Wednesday has market members’ full focus, remaining as the last possibly market-moving impetus before second-quarter … Read more

Sales slow at Pakistan’s livestock market on Eid ul Adha

Eid Ul Adha

Farmers camping out at cattle market between Islamabad and Rawalpindi for two weeks. Consumers refrained from buying cows and goats for Eid ul Adha due to economic downturn. Bulls sell for between Rs100,000 and Rs700,000; goats and sheep go for up to Rs40,000. One of the largest livestock markets in Pakistan saw slower-than-normal business on … Read more

Bill Gates says crypto and NFTs are a sham

Bill Gates

Bill Gates is not a fan of cryptocurrencies and non-trustful financial institutions (NFTs). His remarks come as the value of bitcoin and other cryptocurrencies is plummeting. NFTs are based on “bigger fool theory,” according to Gates. Bill Gates is not one of the proponents of cryptocurrencies and NFTs. The Microsoft co-founder stated at a TechCrunch … Read more

After a disappointing first half, investors prepare for a crucial July

first half

The U.S. stock market is reeling from its worst first half of any year since 1970.  The Federal Reserve’s monetary policy meeting is among potentially pivotal events after the S&P 500 fell 20.6% in the first six months.  The S&P 500 has had one of the worst starts to the year since World War Two. … Read more

Micron figures final quarter benefit underneath gauges

Micron

Micron Technology (MU.O) projected final quarter income and benefit beneath market gauges on Thursday. A sign that international strife and shortcoming in purchaser spending would burden interest for its memory chips. Micron gauge changed income for the ongoing quarter to be $7.2 billion, give or take $400 million. Investigators on normal expected a figure. Amount … Read more

The Dow drops by over 500 points as the bear market rebound fizzles.

Dow Jones Industrial Average slid 491.27 points (1.56%) to 30,946.99. Disappointing economic data reversed key averages’ gains. The Conference Board’s consumer confidence index slipped to 98.7 from 103.2 in May. U.S. equities dipped Tuesday, erasing earlier gains as the market struggled to bounce from bear-market lows. Dow Jones Industrial Average slid 491.27 points (1.56%) to … Read more

Walgreens pulls out of the Boots sale following market volatility

After putting Boots for sale in January, Walgreens claimed to have received numerous proposals. Mukesh Ambani and Apollo Global Management were reportedly interested purchasers. The company was valued at around £9 billion when it announced its merger in 2014. According to US pharmacy behemoth Walgreens, purchasers of Boots were unable to acquire sufficient financing because … Read more

As U.S. rates decline amid recessionary threats, the dollar declines

The dollar index eased 0.08% to 104.39, giving back some of its 0.53% rallies overnight. Treasury 10-year yields slid more than 1 basis point in Tokyo, trading to around 3.17%. Asian equities followed Wall Street lower after U.S. shares fell. The dollar index gave back some of its 0.53% rallies overnight, spurred mainly by weakness … Read more

Rupee gains against US dollar in interbank market

rupee

KARACHI: In the interbank market on Tuesday, the Pakistani rupee continued to appreciate against the US dollar, according to ARY News. State Bank of Pakistan (SBP) reports that the local currency increased by Rs1.07 versus the US dollar in interbank trading to close at 206.87. Interbank closing #ExchangeRate for todayhttps://t.co/BxztniOacU pic.twitter.com/CrkVMQu4D6 — SBP (@StateBank_Pak) June … Read more

Tokyo shares close higher

Tokyo shares

Tokyo stocks closed higher, boosted by Wall Street advances and rises in chip-related shares. The dollar fetched 134.79 yen in Asian trade, against 134.94 yen in New York. Japan’s core consumer prices rose 2.1 percent. Tokyo shares closed higher, boosted by Wall Street advances and rises in chip-related stocks. The Nikkei 225 index advanced 1.23 … Read more

US stocks rise as the market nears the end of a strong week

US stocks

The Dow Jones Industrial Average was up 1.3 percent at 31,068.91. The S&P 500 rose 1.6 percent to 3,854.59. The tech-heavy Nasdaq Composite Index rose 2.0 percent to 11,455.97. US stocks rise, nearing the end of a winning week for equities amid prospects of a market resurgence following a difficult spell. Stocks have been falling … Read more

Germany takes chance with downturn as Russian gas crisis deepens

Germany

Energy is at the heart of a financial fight between Russia and the West over Ukraine. “This is another aspect,” Habeck said. “This methodology can’t be permitted to succeed.” Germany Economy Minister Habeck said diminished supplies added to monetary assault and part of Russian President Putin’s arrangement. The EU depended on Russia for as much … Read more

Tokyo stocks close higher

Tokyo stocks

Nikkei 225 index gained 1.84 percent, or 475.09 points, to close at 26,246.31. The Topix index gained 2.05 percent, 37.26 points. The yen’s fall to 135 against the dollar sparked rallies in major exporters like high-tech stocks. Tokyo stocks finished the day higher, rebounding dramatically after investors were encouraged in part by a spike in … Read more

India’s market regulator fines Reliance Industries

Facebook invested $5.7 billion in Reliance’s Jio Platforms in April 2020. Transaction aided Mukesh Ambani’s Reliance Industries in reducing its massive debt load. SEBI fined Reliance and the two compliance officers 3 million Indian rupees ($38,522). The Indian market regulator fined Reliance Industries and two of its compliance officers on Monday for failing to follow … Read more

BTC Drops Below $20K, End of Bear Market?

BTC

The price of Bitcoin (BTC) has fallen below $20K for the first time since 2020. BTC’s price sank to as low as $17,593 at one time on Saturday, a 13 percent decline. Price recovered to $18,556 on Sunday, a 9.22 percent price decrease. The price of Bitcoin (BTC), the largest cryptocurrency by market cap, has … Read more

Bitcoin miners take a beating in the ‘crypto winter’

miners

The hash rate for Bitcoin set a record high of 231,428 EH/s on June 12. The price of this coin plunged to less than $20,000 per coin on June 17. Analysts say the mining difficulty must fall or the Bitcoin price must rise for miners to benefit. Bitcoin miners reduce or “plug” miners because of … Read more

Bitcoin Hit $18k, Road to $100k

Bitcoin

Bitcoin (BTC) has fallen below the $20k price level for the first time since December 2020. During this month of June, BTC has decreased for 12 consecutive days. Cryptocurrency market capitalization is somewhat more than $820 billion, down from $3 trillion. As the crypto market continues to deteriorate, Bitcoin (BTC), the most valuable cryptocurrency, has … Read more