Do Kwon, a cryptocurrency entrepreneur once celebrated for building the TerraUSD and Luna digital tokens, is now beginning a 15-year stretch in a US federal prison. But how did the South Korean businessman ended up with a jail sentence? The 34-year-old, who co-founded Singapore-based Terraform Labs and promoted his coins as stable, innovative and built…
Silver has evolved from a stable commodity to become one of the most significant and monitored assets globally. (AI image) Silver price today: Silver has surpassed Microsoft to claim the spot of fifth-largest asset globally by market capitalisation, establishing a significant milestone for this precious metal. The performance of silver in 2025 has been notable….
There is a sequence to getting your money life in order. (AI image) Most people don’t come to me saying, “My financial life is a mess, please help.” They say, “Sir, bataaiye, kaunsa mutual fund theek rahega?”Two minutes later, it turns out they have a chunky credit card balance, no proper emergency fund, hardly any…
Russian President Vladimir Putin’s state visit to India from December 4-5, does not signals that Delhi is on Moscow’s side, rather it highlights Modi government’s determination to maintain its non-aligned position, according to Christopher Wood, Global Head of Equity Strategy at Jefferies. In his weekly report GREED & fear, Wood pointed out that India is…
Russia’s oil exports crashed to their lowest point since the Ukraine war began, weighed down by buyers moving away from Moscow amid tightened US sanctions and Kyiv’s escalating attacks. In its latest assessment, the International Energy Agency (IEA) noted that Russian oil exports declined by 420 kb/d in November, pulling total shipments down to 6.9…
The International Monetary Fund hit Pakistan with 11 fresh conditions, linked to its $7-billion bailout programme. The latest directives, revealed in the Fund’s staff-level report for the second review released on Thursday, push the total number of conditions to 64 across the span of 18 months, according to the Express Tribune.The new measures target long-standing…
Rupee slipped to a record low of 90.52 against the US dollar, in early trade on Friday, extending its sharp decline this year amid ongoing challenges in the India-US trade talks.This comes after the currency fell 90.46 against the dollar on Thursday, breaching its previous record of 90.42, which was set on December 4. Rupee…
Tesla’s latest attempt to revive demand in the United States faltered in November, with the company posting its weakest monthly sales in nearly four years, despite rolling out cheaper versions of its most popular electric vehicles. Exclusive figures shared with Cox Automotive, cited by Reuters show that US sales fell to about 39,800 units, a…
US Indian-origin lawmakers have raised concerns that measures undertaken by the Trump administration, such as the USD 100,000 fee on H1B visas and 50 per cent tariffs on India, were hurting American businesses and threatening people-to-people ties between Washington and Delhi.The remarks came during a House Foreign Affairs South and Central Asia Subcommittee hearing titled…
Asian markets rose on Friday, mirroring a record-breaking session on Wall Street following the Federal Reserve’s recent interest rate cut. Investors appeared optimistic, even as concerns over high tech valuations lingered after earnings disappointments from Oracle and Broadcom.Hong Kong’s HSI added 379 points or 1.48% to 25,909. Nikkei was trading up 429 points or 0.86%,…
