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Bitcoin breaks $100,000, stocks mixed as traders eye S. Korea drama
Bitcoin burst past $100,000 for the first time Thursday as traders welcomed Donald Trump’s pick to head the US securities commission, while Seoul stocks slipped as South Korea’s president faced impeachment after his brief imposition of martial law this week.After hovering around the mid-$90,000 mark in recent weeks, the popular cryptocurrency finally burst through the …
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Bitcoin hits $100,000 for first time
Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump’s decision to pick a crypto fan to head the US securities regulator, reinforcing optimism the new president will push through measures to deregulate the sector.The cryptocurrency soared through the mark to a peak of $103,800, having enjoyed a blistering rally since the …
South Korea stocks drop, won stable as Asian markets fluctuate
Equities extended losses in Seoul on Thursday, while the won stabilised as South Korea entered a period of uncertainty with President Yoon Suk Yeol clinging to power after his brief imposition of martial law this week.And Bitcoin broke past the $100,000 mark for the first time Thursday on hopes US President-elect Donald Trump will push …
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Afghan economy faces ‘uncertain’ future despite modest growth: World Bank
Afghanistan’s economy continues to face significant challenges despite showing signs of modest growth, the World Bank warned on Wednesday, with the future “uncertain.”The economy’s challenges include “fiscal constraints, trade imbalances, and a limited capacity for public investment,” the bank said in its Afghanistan Development Update.Critical factors for long-term recovery include enabling women’s participation in the …
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US stocks surge to records, shrugging off upheaval in South Korea, France
Wall Street stocks surged to fresh records Wednesday on hopes about easing US monetary policy, shrugging off political upheaval in South Korea and France.All three major US indices scored records, with the Dow Jones Industrial Average finishing above 45,000 for the first time.”The market at this point is looking for excuses to go up, and …
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