Bitcoin made a 24-month high on day one of open trading for spot BTC ETFs less than 24 hours after the SEC issued approval. On Jan. 11, the price of Bitcoin (BTC) hit $49,000 for the first time since December 2021 as trading opened for spot BTC ETFs across major U.S. exchanges like the Nasdaq, NYSE,...
Liverpool's self-belief has enabled them to fight back from losing positions this season, manager Jurgen Klopp said after his side's 2-1 comeback victory over Fulham in the first leg of their League Cup semi-final. Fulham took a first-half lead with a goal from Willian, before Curtis Jones and substitute Cody Gakpo scored three minutes apart to turn the...
A recent dip in Apple's stock over worries about iPhone sales has left the Silicon Valley tech heavyweight in danger of being overtaken by Microsoft as the world's most valuable company. Fresh worries about smartphone demand have pushed Apple's shares down 4 per cent so far in 2024 after rallying 48 per cent last year. Microsoft...
The US Securities and Exchange Commission (SEC) on Wednesday (Jan 10) approved exchange-traded funds (ETFs) that track the price of bitcoin in a game-changer for the cryptocurrency industry which has been trying for more than a decade to launch such a product. Multiple asset managers have applied for bitcoin ETFs since 2013, but the SEC rejected them on...
TOKYO :Japan's Fast Retailing Co said on Thursday that strong overseas sales drove a 25 per cent rise in first quarter operating profit, as the Uniqlo operator charts a third-straight year of record earnings. Profit was 146.7 billion yen ($1.01 billion) in the three months through November compared with 117.1 billion yen a year earlier. The consensus...
Netflix's ad-supported tier has reached more than 23 million global active users per month, the Variety magazine reported on Wednesday, quoting the streaming giant's advertising chief Amy Reinhard. The ad tier plan was launched in November 2022 in 12 markets, including the United States, to attract more customers and add a new revenue stream as competition...
Malaysia's anti-graft investigators have questioned former prime minister Ismail Sabri Yaakob as part of a probe into possible misconduct involving some RM700 million (US$150.86 million) spent on government publicity during a previous administration. In a statement late on Wednesday (Jan 10), the Malaysian Anti-Corruption Commission (MACC) said it had recorded a statement from Ismail Sabri in...
LONDON: The UK government on Thursday (Jan 11) announced plans for what it said was the country's "biggest expansion of nuclear power for 70 years" to bolster its energy independence and meet carbon emission targets. The Civil Nuclear Roadmap includes exploring the construction of a major new power station, £300 million (US$382 million) of investment to...
Bitcoin held steady on Thursday after regulators approved the first U.S.-listed exchange traded funds (ETFs) to track the world's largest cryptocurrency, seen as a landmark move that could broaden its appeal to investors. The Securities and Exchange Commission (SEC) said on Wednesday it approved 11 applications, including from BlackRock, Ark Investments/21Shares, Fidelity, Invesco and VanEck, with...
BANGKOK : Thai consumer confidence rose in December, reaching the highest level in 46 months, boosted by government measures to ease living costs and increased tourism, a survey showed on Thursday. The consumer index of the University of the Thai Chamber of Commerce increased to 62.0 in December from 60.9 the previous month, the university said...
