Latest News

Markets drift ahead of US inflation, but rate cut hopes build
Markets drift ahead of US inflation, but rate cut hopes build
Economy
by  AFP

Asian markets struggled Thursday following another tepid performance on Wall Street, with focus on the release of key US inflation data that comes as traders ramp up bets the Federal Reserve will cut interest rates next year. Traders are now predicting a cut in the first half of next year.

US slaps sanctions on crypto mixer used by N.Koreans for laundering
US slaps sanctions on crypto mixer used by N.Koreans for laundering
Economy
by  AFP

The United States on Wednesday slapped sanctions on a crypto mixer that it said was serving as a money laundering tool for hackers affiliated with the North Korean government. Crypto mixers are software allowing users to obfuscate transactions, and have been used by hackers in attempts to convert crypto into traditional currency.

Ottawa, Google reach 'historic' deal to support Canadian media
Ottawa, Google reach 'historic' deal to support Canadian media
Technology
by  AFP

The Canadian government and Google announced Wednesday a "historic" deal to support the country's media, heading off an imminent threat by the digital giant to block news on its platform. The amount is less than the government had estimated the compensation should be, but heads off a potential online blackout for news in Canada, where Google and Meta are the dominating platforms.