Author: News Room

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. A batch of top-tier Chinese economic data releases gets Asian markets underway on Monday, with sentiment pretty fragile after last week’s global market wobble and as investors brace for U.S. and Japanese policy decisions later in the week. Asian equity markets are on the defensive. The index’s 1.4% slump on Friday – its steepest since January – sealed its biggest weekly loss in two months, while 225 lost 2.5% for its biggest weekly loss this year. The sharp rebound in U.S. bond yields is taking its…

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York (CNN) — Is the artificial intelligence boom on Wall Street a bubble primed to burst or the real deal? That’s the question investors have wrestled with since the Magnificent Seven tech stocks began turbocharging a powerful market rally last year. Jeremy Grantham, the investor famous for predicting the dot-com crash in 2000 and the financial crisis in 2008, has an answer…

In 2023, investors in China’s cryptocurrency market saw impressive gains, accumulating approximately $1.15 billion, according to Chainalysis. This achievement placed them fourth globally, trailing behind the U.S., the United Kingdom, and Vietnam. Here’s a sneak peek of our country-based estimates for 2023 crypto investor gains.1. USA at $9.36B 🇺🇲2. UK at $1.39B 🇬🇧3. Vietnam at $1.18B 🇻🇳4. China at $1.15B 🇨🇳5. Indonesia at $1.06B 🇮🇩Read the full blog here to see the entire list. — Chainalysis (@chainalysis) March 14, 2024 Chainalysis, a blockchain research firm in New York, highlighted a significant rebound in the crypto space, showing strong continued interest…

For doctors like Eileen Barrett, a pending Supreme Court case challenging the government’s ability to communicate with social media companies isn’t principally a fight about the fraught politics of online speech. Instead, they say, it’s a matter of life and death. “I have seen countless statements that are at best problematic and at worst flat-out disinformation that I’m terribly fearful are causing harm to patients,” said Barrett, who chairs the board of regents of the American College of Physicians. “We’ve all taken care of somebody who has died from the flu. And now we’ve all taken care of people who…

Audiobooks offer the best of both worlds: They invite you into a compelling storyline while allowing you to do other things at the same time, like fold the laundry, do the dishes or drive your car. They don’t demand the same mental focus as reading a book, but they do bring you the same satisfaction and excitement. The best audiobooks transport you into a different world, where you can learn, get caught up in a whirlwind romance or journey to planets far away from our own. You can find audiobooks from a range of sources, many of them free. This…

Italy’s competition authority has fined TikTok €10 million ($11 million) for failing to control the spread of content that it said threatened the safety of minors and other vulnerable people. The antitrust agency, AGCM, said Thursday that TikTok, which is owned by China’s ByteDance, had failed to take into account the specific vulnerabilities of adolescents using its platform, such as a tendency toward copying group behaviors. The watchdog announced an investigation into TikTok’s content moderation practices last March. In a statement Thursday, it said the video-sharing platform “has not taken adequate measures to avoid the spread of (harmful) content,” adding…

After an extremely volatile week in the cryptocurrency market, another active week will await investors, especially shaped by the FED’s interest rate decision on Wednesday. There will also be large amounts of token unlocks during the busy week. Here is the token lock opening calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated in UTC+3 Türkiye time) Near (NEAR) Market Value: $8.57 billion Amount of Tokens Unlocked: $2.06 million (0.02% of Market Cap) Token Lock Opening Date: 18 March 2024, 03:00 Lido DAO (LDO) Market Value: $2.44 billion Amount of Tokens Unlocked: $21.50 million (0.89%…

The debate over whether Chinese-owned TikTok can operate in the U.S. is back with fervor, revealing more about the risk for Chinese stocks in a U.S. presidential election year. The committee that led the legislation on TikTok that passed the House of Representatives last week has another bill aimed at restricting Chinese biotech companies, among many policy proposals . Such considerations motivated Goldman Sachs analysts to update their model for measuring the level of risk from U.S.-China tensions in Chinese stocks. Their barometer, created in 2020, “has correlated well with the U.S.-China events timeline, and China equity performance,” the analysts…

The Biden administration is welcoming six new countries to a US-led pact to crack down on phone-hacking spyware as US officials tell CNN that the administration continues to find new cases of American government personnel being targeted by a technology that is deemed a national security and counterintelligence threat. “We are aggressively and intensively trying to identity and confirm more” cases of US government personnel whose phones have been targeted with commercially available spyware, a US National Security Council official told CNN. A year ago, the Biden administration put the tally of US government personnel either suspected of or confirmed to have been targeted…

Real Madrid head coach Carlo Ancelotti demanded that Vinicius Jr. learns to handle pressure better following Saturday’s 4-2 win over Osasuna. Simultaneously, however, he also tipped the winger to do so because he is a “humble, serious and intelligent” individual who played an “extraordinary” game in El Sadar. AS took this as Ancelotti being “critical of his attitude” but “affectionate” about Vinicius as a person. Whatever your opinion, there is no doubting that Vinicius was again fantastic with the ball and netted two goals that will help his team go into the international break at least seven points clear at…