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Bitcoin breaks $50,000 for first time since 2021
Bitcoin breaks $50,000 for first time since 2021
Technology
by  AFP

Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand. By 0330 GMT Tuesday, bitcoin had dropped slightly, to $49,950.

Asian markets rise as traders return, eyes on US data
Asian markets rise as traders return, eyes on US data
Economy
by  AFP

Asian markets rose Tuesday after another record high on Wall Street, with all attention on the release of key US inflation data due later in the day. Expectations inflation will come down to the Fed's two-percent target this year, allowing the bank to ease monetary policy, have been a key driver of a market rally that has pushed the Dow and S&P 500 to multiple records this year.

Tiger unveils new Sun Day Red apparel line after Nike split
Tiger unveils new Sun Day Red apparel line after Nike split
Economy
by  AFP

Tiger Woods unveiled his new Sun Day Red golf brand and apparel line with TaylorMade on Monday, after announcing the end of a 27-year partnership with Nike last month. His new brand, a separate business under the TaylorMade umbrella, plays off Woods' habit of wearing red shirts in Sunday final rounds after his mother, Kultida, said it was a powerful color in her homeland of Thailand.

Big trade deals likely elusive at WTO meet in Abu Dhabi
Big trade deals likely elusive at WTO meet in Abu Dhabi
Economy
by  AFP

The world's trade ministers could put the final touches to a historic fisheries deal when they meet in Abu Dhabi later this month, but other landmark agreements will likely prove more elusive. - In Trump's shadow - The meeting in Abu Dhabi is meanwhile seen by many as "the last chance" to reform the organisation before the possible re-election in November of former US president Donald Trump.