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French multinational universal bank BNP Paribas is expanding its investment offering to include six crypto-linked exchange-traded notes (ETNs), giving retail clients in France access to Bitcoin and Ether exposure through regulated products. The new ETNs, indexed to the price of Bitcoin (BTC) and Ether (ETH), will be available from Monday via standard securities accounts, according…
BlackRock is closely watching Wednesday’s May U.S. inflation report for the first clear signal of how the U.S.-Iran conflict is feeding into already sticky prices. “We look to May U.S. inflation figures for a clearer read on how the Mideast conflict energy shock is impacting already sticky inflation. The full breadth of the shock has…
Asian shares traded mostly in red on Monday following data, after the Wall Street ended last week on a tough note, pulling US markets off record highs. The slump came after a decline in Chinese investment in November, highlighting the ongoing weakness in the world’s second-largest economy. Hong Kong’s HSI was down 0.92% or 240…
India’s trade with Brics countries gathered pace over the past five years, making the bloc a significant part of the country’s imports. However, this growing trade also reflects a bigger problem: India is relying more on imports from the bloc, pushing its trade deficit higher.A report by Rubix Data Sciences said India’s bilateral trade with…
NEW DELHI: Govt is staring at a major shortage of bitumen due to the ongoing West Asia conflict, which is set to impact construction and maintenance of tar roads. While the price of VG-40, the most commonly used grade of bitumen, has almost doubled since the conflict began, its availability has plummeted compared to the…
XRP posts respectable gains but continues to trail the wider digital asset surge, with below-average volume raising questions about the strength behind the move as bitcoin rocketed above $94,000 and broad-market liquidations reshuffle positioning. News Background Bitcoin’s sudden push above $94,000 triggered a broad rebound across major crypto assets, with nearly every large-cap token registering…
The stablecoin sector is expected to grow to $500 billion, while altcoin ETFs are projected to reach $10 billion, driven by regulatory clarity and adoption. Source link
Chinese AI startup DeepSeek is seeing rapid adoption across several developing countries, helping broaden access to generative artificial intelligence even as the overall gap between advanced and emerging economies continues to widen, according to a new Microsoft report.The report said global adoption of generative AI tools reached 16.3% of the world’s population in the three…
