Month: September 2020

NEW DELHI: Gold and silver prices dropped in Wednesday’s session as investors became more hopeful of the US stimulus bill after comments from the Washington lawmakers. US House Speaker Nancy Pelosi said on Tuesday she hoped to have a coronavirus aid deal with the White House this week, after speaking with Treasury Secretary Steve Mnuchin.
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The crypto space’s decentralized finance niche has reached frenzied status within the crypto industry, signaled by exuberant price highs and rampant speculation. “DeFi is the new overhyped concept in Ethereum,” MyEtherWallet, or MEW, CEO and founder Kosala Hemachandra told Cointelegraph in an interview. “The noise is too much, so everyone is just like running around trying
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LONDON: Bankruptcies in Asian commodities markets this year prompted banks to review some lending policies with trading houses, who nevertheless still enjoy abundant liquidity, several banking executives said on Tuesday. The executives told the annual FT Commodities Global Summit that while some banks were reducing exposure to commodities following bankruptcies and extreme volatility as a
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Dollar drops broadly today, partly due to month-end flows, and partly as position adjustment ahead of the first one-on-one Presidential debate between Donald Trump and Joe Biden. Nevertheless, Yen and Canadian Dollar are slightly weaker. On the other hand, Aussie and Kiwi are picking up some steam for a strong rebound. Trading in the stock
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People wearing facemasks wait to buy vegetables at a market vegetable stall as essential retailers reopen from the coronavirus (Covid-19) shutdown. SOPA Images | LightRocket | Getty Images Smaller-sized businesses have been battered during the six months of the coronavirus pandemic but are feeling confident about their ability to withstand a second wave, according to
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NEW DELHI: Gold and silver prices edged higher in Tuesday’s session, in line with global trend, but gains were checked as investors grew more hopeful of the US stimulus bill. Meanwhile, they also awaited the first presidential debate between Donald Trump and Joe Biden. US House of Representatives Speaker Nancy Pelosi said on Monday that
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Asian markets trade with a mixed tone today despite strong rebound in the US overnight. Positive sentiments couldn’t carry through to the session again. Nevertheless, Yen is trading slightly weaker in general, followed by Canadian and Dollar. Aussie and Kiwi are the firmer ones together with Sterling. In particular, the Pound is maintaining yesterday’s gain
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After securing millions of dollars via an initial coin offering in 2017, decentralized data housing platform Filecoin now aims to launch its main net. Filecoin will move over to its own blockchain in stages, rather than all at once, according to a Sept. 27 blog post. “Launching a blockchain is an involved and lengthy process,”
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