Cryptoverse: Bitcoin hits the heat in July’s jump

A display of virtual currency bitcoin and a one-dollar bill are seen in front of a stock chart in this photo taken Jan. 8, 2021. REUTERS/Dado Ruvic Sign up now for FREE unlimited access to Reuters.com Sign up Aug 2 (Reuters) – It’s been a good month for bitcoin – and we haven’t said that … Read more

Asian stocks fall as US yields on Pelosi jitters; Aussie falls

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing the Shanghai Composite Index, the Nikkei Index and the Dow Jones Industrial Average outside a stock exchange in Tokyo, Japan, February 14, 2022. REUTERS/ Kim Kyung- Hoon Sign up now for FREE unlimited access to Reuters.com Sign … Read more

HSBC puts on Ping An call, raises payout and profit target

HSBC will return to paying quarterly dividends from 2023 Aims to win investors with a higher return target Says the division of Asian business involves a lot of risk London shares up 6% LONDON/SINGAPORE, Aug 1 (Reuters) – HSBC ( HSBA.L ) rejected a proposal by major shareholder Ping An Insurance Group Co of China … Read more

British Prime Minister candidate Sunak promises a 20% income tax cut by 2029

LONDON, July 31 (Reuters) – Rishi Sunak, who is trailing in the race to become Britain’s next prime minister, has pledged to cut the basic rate of income tax by 20% by 2029 in a potential roll of the dice for the former finance minister. Sunak, once tipped to replace Boris Johnson as he helped … Read more

Shenzhen accelerates China’s driverless car dreams

SHENZHEN, China, Aug 1 (Reuters) – On a busy downtown street, three delivery bikes suddenly dart across the crosswalk in front of the car. On the car dashboard, they look like little 3D blue blocks from a 1990s video game. The steering wheel turns into a notch and the vehicle slows to a gentle stop … Read more

Oil falls as weak China factory fan calls for concern

SINGAPORE, Aug 1 (Reuters) – Oil prices fell on Monday, as weak production figures from China and Japan for July weighed on the outlook for demand, while investors braced for a meeting of officials from OPEC and other major producers on supply adjustments this week. Brent crude futures were down $1.19, or 1.1%, at $102.78 … Read more