Tag Archives: Market News

CoinspeakerGoldman Sachs: India to Become World’s Second-Largest Economy Overtaking US by 2075 Goldman Sachs notes that India's lowering dependency rate, emphasis on infrastructure boost, and capital investment inflows will spearhead the country's economic output in the next few decades. Goldman Sachs: India to Become World’s Second-Largest Economy Overtaking US by 2075

CoinspeakerJPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto The report acknowledges that physically-backed Bitcoin ETFs offer certain advantages over futures-based funds. JPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto

CoinspeakerSamsung Predicts 96% Profits Loss in Q2 2023 The executive director of Daiwa Securities Capital Markets SK Kim said that Samsung may benefit from the US demand. Samsung Predicts 96% Profits Loss in Q2 2023

CoinspeakerJPMorgan Warns of Potential Economic Downturn for UK, Says Interest Rates Could Surge to 7% The potential increase in interest rates would have wide-ranging implications for the UK economy. JPMorgan Warns of Potential Economic Downturn for UK, Says Interest Rates Could Surge to 7%

CoinspeakerCoinbase Shares Dip despite Bullish Start to This Week At the beginning of the week, Coinbase generated significant buzz with its announcement of potential collaborations with several asset managers. Coinbase Shares Dip despite Bullish Start to This Week

CoinspeakerBlackRock CEO Larry Fink Says Bitcoin Has Potential to Revolutionize Finance Fink believes that a spot Bitcoin ETF has the potential to be as revolutionary for the financial sector in general as traditional ETFs were for the mutual fund industry. BlackRock CEO Larry Fink Says Bitcoin Has Potential to Revolutionize Finance

CoinspeakerReserve Bank of India (RBI) in Talks with Other Central Banks to Promote Digital Rupee for Cross-border Payments The RBI Governor Shaktikanta Das has severally admitted that the country is moving towards CBDC adoption amid de-dollarization. Reserve Bank of India (RBI) in Talks with Other Central Banks to Promote Digital Rupee for Cross-border Payments

CoinspeakerFoxconn Sees 14% Drop in Q2 2023 Sales, Shares Robust Outlook for Q3 Foxconn expressed optimism about the upcoming third quarter, anticipating a brighter outlook as they approach the peak shopping season at the end of the year. Foxconn Sees 14% Drop in Q2 2023 Sales, Shares Robust Outlook for Q3

CoinspeakerFourth Paradigm Receives Hong Kong IPO Green Light from Chinese Regulator after Fourth Attempt at Public Listing Following acceptance by the CSRC, Fourth Paradigm should proceed with launching its IPO in the Hong Kong market. Fourth Paradigm Receives Hong Kong IPO Green Light from Chinese Regulator after Fourth Attempt at Public Listing

CoinspeakerTurkey’s Inflation Recovers despite Decline in Turkish Lira The Central Bank raised the country's key interest rate from 8.5% to 15% last month. Turkey’s Inflation Recovers despite Decline in Turkish Lira