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SPAC bidders nowhere to turn as IPO market closes

6 SPACs pull out of US IPOs Wherever they go, Asian letterhead sponsors face a difficult IPO market, as a combination of increased regulatory scrutiny and decreasing investor interest closes…

Bitcoin Breaks $30,000 as Traders Price Stablecoin Fall

The world’s largest cryptocurrency has its worst month of the year On Tuesday, Bitcoin surpassed $30,000 in cautious trade as the fallout from the stablecoin crisis continued to damper the…

Nasdaq sell-off approaches $1 trillion. weekly losses

Amazon shares face longest streak of declines since March 2008 Following last week’s market fall, technology stocks have hit one milestone after another: Apple Inc. is no longer the world’s…

Meta attacks German attack on Facebook

EU Supreme Court weighs powers of antitrust watchdog Facebook, which is owned by Meta Platforms Inc., has chastised the German competition authorities for taking an all-or-nothing approach to overhauling the…

Foreign investors avoid India’s largest IPO due to risks

Foreigners order only 8% of LIC shares Foreign institutional investors largely avoided India’s largest stock auction, deeming it too costly in light of currency uncertainties and global market circumstances. Just…

Former Meta CEO Focuses on Bitcoin

David Marcus was one of the creators of the Diem coin David Marcus, the former CEO of Meta Platforms Inc., is forming a new company dedicated to developing technologies to…

Sonos launches its own voice assistant

Company challenges Alexa and Siri Sonos Inc., a maker of audio products, launches its voice assistant, attempting to break into a sector dominated by Amazon.com Inc. and Apple Inc. Sonos…

XTB Reviews

About company Founded in 2004, XTB is one of the largest stock exchange-listed brokers in the world, with operations in 13 countries, including the United Kingdom, Poland, Germany, and France,…

Asian stocks are in the late stages of a bear market

Short-term risks are known but still strong According to Morgan Stanley, which has a neutral view of the region, Asian and developing market equities are approaching a late bear market…

Sony to buy back shares after profit falls

The company can spend up to 200 billion yen to buy a 2.02% stake After posting earnings that fell short of analysts’ expectations, Sony Group Corp. said it will repurchase…

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