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Bitcoin hits $100,000 for first time as traders cheer Trump pick
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.
Chinese shopping app Temu suspended in Vietnam: state media
Chinese shopping app Temu has been forced to suspend its services in Vietnam after it failed to register with authorities, state media said on Thursday. Goods ordered on Temu were no longer being cleared through customs in Vietnam, state media reported, after the company missed an end-of-November deadline to register with the ministry of industry and trade.
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.
Bitcoin hits $100,000 for first time
Bitcoin broke the $100,000 mark for the first time Thursday on hopes US president-elect Donald Trump will push through measures to deregulate cryptocurrencies when he takes office next month.
OPEC+ expected to extend oil supply cuts
The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop in prices in a global market awash in crude. Analysts at DNB bank said "there is no room for additional OPEC+ oil in 2025" on the market and a boost in output would push down crude prices.
OpenAI to partner with military defense tech company
OpenAI and military defense technology company Anduril Industries said Wednesday that they would work together to use artificial intelligence for "national security missions."
OpenAI chief 'believes' Musk will not abuse government power
OpenAI CEO Sam Altman expressed confidence Wednesday that Elon Musk would not use his proximity to Donald Trump to harm business rivals, calling such actions "profoundly un-American." "It would be profoundly un-American to use political power to hurt your competitors and advantage your own businesses."
Powell 'not concerned' US Fed would lose independence under Trump
Federal Reserve Chair Jerome Powell said Wednesday that he was "not concerned" the US central bank would lose its independence, despite President-elect Donald Trump's suggestion that he should have input into interest rate decisions.
Warhammer maker Games Workshop enters London's top stocks index
British company Games Workshop, makers of miniature wargames figures, entered London's top-tier FTSE 100 index, the London Stock Exchange announced Wednesday, propelled by the profitability of its Warhammer franchise and its licencing potential.
AFP
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