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Crypto Markets Dump $230 Billion in Massive Red Friday Selloff

Crypto asset markets are plummeting during the morning of Jan 21 as hundreds of billions of dollars get wiped off the total market capitalization.

Major Gulf Markets Gain in Early Trade; Saudi at over 15-Yr High

In Abu Dhabi, the index (.ADI) gained 0.2%, helped by a 0.5% rise in telecoms giant Etisalat (ETISALAT.AD).

Global Stocks Pare Selloff as Bond Yields Climb: Markets Wrap

The Treasuries retreat is stirring expectations that the U.S. 10-year yield will top 2%.

K-Way Windbreaker Brand Taps Hip New Market with R&D Line

K-Way took the first step two years ago by showing at the Pitti menswear shows in Florence in January 2020, just before the pandemic hit.

Bitcoin’s Fair Value Is a Lot Less than the Market Thinks

Over the subsequent four months, Bitcoin soared to over $60,000, before settling back to its current price.

European Markets Edge Higher; Credit Suisse Slips 1.7% as Chairman Resigns

European stocks nudged higher on Monday as investors digested corporate news from Credit Suisse and GSK.

Tencent to Hand Out $16 Billion of JD.com Shares as Dividend

As part of the deal, Tencent President Martin Lau will exit JD.com’s board effective Thursday.

Rivian Stock Tanks After EV Maker Sees Production Constraints Hindering Sales

Rivian said it lost an adjusted $766 million in the quarter. Its letter to shareholders did not specify a per-share amount.