The Bank of Thailand to Launch Retail CBDC This Year End

6 seconds ago | 2 mins read Altcoin News Only a small number of people will be chosen to participate in the assessment. CBDC retail is the digital form of money or currency distributed by the Central ...

The Bank of Thailand to pilot Retail CBDC by the end of 2022

On top of its wholesale central bank digital currency (CBDC) projects and proof-of-concept Retail CBDC testing with corporates, the Bank of Thailand (BOT) will extend the scope of CBDC development aim...

SoftBank Is Ready to Slash Its Massive Stake in Alibaba. Here’s Why.

Text size SoftBank’s Masayoshi Son was a major early investor in Alibaba. Koki Nagahama/Getty Images SoftBank is positioned to sharply sell down its stake in Chinese tech giant Alibaba through a...

Amazon Stock Has Rallied 41%. Buy or Sell?

Amazon  (AMZN) – Get Amazon.com Inc. Report is in the news on Friday and not necessarily because of the stock’s blistering rally over the past few weeks. Instead, it’s because the company is sco...

Retail Brands Aim To Squeeze Wider Margins From Fewer Products

Retail Brands Aim To Squeeze Wider Margins From Fewer Products getty It has been 15 years since author and cultural provocateur Malcolm Gladwell gave a now-famous Ted Talk about how it came to pass th...

Retail Investors Know Crypto Better Than Stocks or Bonds

According to a new study, retail investors find more traditional financial products like stocks and bonds to be more obtuse than cryptocurrencies. While 29% of investors reported that they did not und...

Retail investors were responsible for Bitcoin’s best run since October 2021

Retail investors are piling into Bitcoin despite continued regulation and price uncertainty, according to Barrons. Since July 13, Bitcoin has been trending upwards, growing in value by 18%. Having pea...

Coinbase Has Rallied 90% This Week. Could This Be Another GameStop Moment?

Text size Brian Armstrong, chief executive and co-founder, Coinbase (Photo by PATRICK T. FALLON/AFP via Getty Images) Shares in beaten-down cryptocurrency exchange Coinbase Global have torn higher thi...

Could Crocs Be The Number One Opportunity In Retail Right Now? Here’s What Social Arb Investor Chris Camillo Says

Social arbitrage investor Chris Camillo is always looking for trade ideas based on trends and finding good stories ahead of Wall Street. One of his best investments has been an ugly shoe company that ...

Walmart Stock Falls After Report of Hundreds of Layoffs

Text size Shares of Walmart are down about 10% this year. Photo by Michael Ciaglo/Getty Images Walmart is eliminating about 200 jobs in a bid to restructure the company, according to a report from The...

Walmart Lays Off Hundreds of Corporate Workers

Walmart is cutting hundreds of corporate roles in a restructuring effort, according to people familiar with the matter, a week after the retail giant warned of falling profits. The retailer began noti...

Moderna CEO: No ‘Crazy’ Deals. We’re Giving Cash to Shareholders.

Text size Moderna CEO Stephane Bancel says his company will keep returning cash to investors until it finds a better way of creating value. Jason Alden/Bloomberg Moderna ’s CEO is feeling no pressure ...

Experts Forecast Entry Points In Ethereum Hedge Funds Retail And Institutions

Amid the negative U.S. GDP record and high Fed rate, there seems to be a positive turning for some digital assets, especially Ethereum. For example, the global second largest cryptocurrency by market ...

Moderna’s Earnings Are Wednesday. Here’s What to Expect.

Text size Moderna is developing two vaccines for the fall, one for the U.S. and the other for international markets. Sean Gallup/Getty Images As the U.S. prepares for a broad Covid-19 booster campaign...

MAS Chief Minister Asks Firms to Discourage Retail Crypto Trading

The Monetary Authority of Singapore has encouraged financial companies to discourage cryptocurrency trading. Responding to a question in parliament on Aug. 1, 2022, concerning licensing of digital pay...

Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments – Bitcoin News

On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integra...

Pfizer, Cisco, and 5 Other Stocks With the Cash Flow to Raise Their Dividends

A company’s free cash is a lifeline for dividends, buybacks and other uses of capital. If that well runs dry or even slows down, a company can be forced to dial down its spending. For this screen, Bar...

Pelosi’s Trip to Taiwan Is a Risk to More Than Just the Chip Industry

Asian stocks worked out early there is no good outcome from Nancy Pelosi’s current tour of the region. By landing in Taiwan Tuesday or Wednesday, the speaker of the House risks Chinese military retali...

Singapore’s watchdog urges financial firms to ‘discourage’ retail crypto trading

Despite the cryptocurrency sector growing exponentially, financial authorities and regulators in some countries remain skeptical of assets such as Bitcoin (BTC), including in Singapore, where the city...

Ethereum Price To Surge Above $2K as Hedge Funds, Retail, & Institutional Investors Jump in

Despite the U.S. Fed raising interest rates and the dismal GDP report, the price of Ethereum (ETH) soared last week, reaching a high of $1774. Crypto specialist Raoul Pal predicts that Ethereum’s rise...

Far from Putin’s claims of resilience, Russian economy is being hammered by sanctions and exodus of international companies, Yale report finds

Media reports trumpeting the resilience of the Russian economy in the face of the international response to its invasion of neighboring Ukraine are based on misunderstandings that don’t reflect what’s...

Amazon Stock ‘Needs’ to Be Owned. This Analyst Explains Why.

Text size Amazon workers sort packages for delivery in New York. Michael M. Santiago/Getty Images Amazon.com is a must-have stock for investors following the company’s second-quarter earnings beat, ac...

What Stocks Are Moving Monday? Alibaba, Boeing, NIO and More.

Text size Alibaba stock rises early Monday. Greg Baker/AFP via Getty Images Stock futures were trading lower Monday as recession fears remained at the forefront of investors’ minds as a new trading mo...

Croatian retail giant sees rise in crypto payments despite the bear market

Payments in cryptocurrencies like Bitcoin (BTC) have been on the rise at Croatia’s largest supermarket chain Konzum this year despite the ongoing bear market. After debuting crypto payments in 2021, ​...

Alibaba Stock Rises as E-Commerce Giant Resolves to Maintain U.S. Listing

Text size Alibaba faces renewed regulatory scrutiny in the U.S. from the Securities and Exchange Commission. Greg Baker/AFP via Getty Images Chinese tech giant Alibaba ’s stock price was on a roller c...

Expert Predicts Ethereum (ETH) Entry Points For Retail, Institutions, Hedge Funds

The Ethereum (ETH) price skyrocketed last week, making a high of $1774 despite the U.S. Fed rate hike and negative GDP report. While ETH price is moving sideways with the fundamentals staying strong, ...

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks to Watch This Week

It’s the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers...

Alibaba shares keep sliding in Hong Kong following delisting threat from SEC

Hong Kong-listed shares of Alibaba Group Holdings Ltd. continued to sink overnight, after U.S. regulators last week added the e-commerce giant to a list of Chinese-owned companies that could be delist...

Auto Makers Expect Car Sales to Defy Economic Gloom

Listen to article (2 minutes) Even as consumer spending cools, one place buyers continue to splurge is at the car dealership. Auto executives reporting earnings earlier this week displayed confidence ...

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week

It’s the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers...

Large Fund Sells AMD Stock. It Bought Intel, AT&T and Starbucks.

Text size Dreamstime One of America’s largest public pensions has made big changes in some of its largest investments. In the second quarter, State Teachers Retirement System of Ohio nearly halved an ...

Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy

July 30, 2022 10:00 am ET Listen to article (2 minutes) CVS Health Starbucks and Uber Technologies are among the companies headlining another busy earnings week as investors look for signs of a recess...