The recent post-election rally in the price of Bitcoin (CRYPTO: BTC) has been nothing short of jaw-dropping. In a week, Bitcoin soared by nearly 30% to a new all-time high of $93,434. And we might just be getting started, with some analysts now predicting that Bitcoin could be on the path to $200,000 by the end of 2025. Naturally, all this buzz around Bitcoin is bringing in plenty of new

SINGAPORE (Reuters) -Cryptocurrency exchange OKX said on Monday it would offer instant Singapore dollar-denominated deposits and withdrawals to customers in the city-state, taking a step toward deeper integration with Singapore’s traditional financial system as trading and interest in cryptocurrencies surge. The funds transfer service will be facilitated by Singapore’s biggest bank DBS Group and done via the country’s PayNow and Fast and Secure Transfers (FAST) payment services, OKX said in

(Bloomberg) — After watching wind and solar stocks plummet in the hours after Donald Trump’s election victory, asset managers are zeroing in on a corner of the green transition they say will defy the president-elect’s anti-ESG agenda: the grid. Most Read from Bloomberg One day after the election, analysts at TD Securities told clients that grids and the equipment needed to build them now represent one of “the best-positioned energy

(Bloomberg) — Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs Group Inc., which listed the metal among top commodity trades for 2025 and said prices could extend gains during Donald Trump’s presidency. Most Read from Bloomberg “Go for gold,” analysts including Daan Struyven said in a note, reiterating a target of $3,000 an ounce by December 2025. The

BANGKOK (AP) — Shares started out the week mixed in Asia after U.S. stocks fell to their worst loss since Election Day. Japan’s Nikkei 225 index dropped 1% to 38,255.65 as the yen regained some strength against the U.S. dollar after the central bank governor, Kazuo Ueda, indicated that the Bank of Japan will continue to raise interest rates as conditions permit. The dollar fell to 154.46 Japanese yen from

(Bloomberg) — Samsung Electronics Co. shares surged after South Korea’s biggest company announced a surprise plan to buy back about 10 trillion won ($7.2 billion) of its own stock over the next year. Most Read from Bloomberg The stock rose as much as 7.5% in Seoul trading Monday, adding to a 7.2% jump Friday ahead of the news. The shares are still down about 28% this year amid concerns that

(Bloomberg) — Wall Street brokerages have turned more cautious on Chinese stocks as persistent deflationary pressures and geopolitical tensions cloud the outlook for earnings in the world’s second-largest equity market. Most Read from Bloomberg Morgan Stanley strategists reduced Chinese equities to a slight underweight within the region, while Goldman Sachs Group Inc. trimmed its index target on the MSCI China Index to reflect a less favorable macro backdrop. The latest

By Rae Wee SINGAPORE (Reuters) – Global stocks began the week on firmer footing ahead of a highly anticipated earnings release from Nvidia, while in Japan, a speech from its central bank’s head left markets none the wiser on the country’s rate outlook. Bank of Japan Governor Kazuo Ueda reiterated on Monday the central bank will keep raising interest rates if economic and price developments move in line with its

(Bloomberg) — Most Asian stocks are set to fall early Monday as traders rein in expectations of Federal Reserve easing and come to terms with the cost of President-elect Donald Trump’s proposed fiscal and trade policies. Most Read from Bloomberg Australian shares fell while equity futures in Japan and mainland China pointed to losses. Contracts in Hong Kong edged higher. US futures were steady after the S&P 500 slid 1.3%