Category: Business

The freefall in crypto token prices is sparking some concern about a spiral of selling pressure hitting other markets. The worrying scenario is that investors, facing steep losses on their Bitcoin holdings, may sell other assets to shore up cash, adding momentum to the broad markets downdraft. That could potentially heap pressure on stock prices…

The Hong Kong Monetary Authority and Saudi Arabia’s sovereign wealth fund are starting a $1 billion fund to help Hong Kong and Greater Bay Area companies expand into the Middle Eastern country. Source: Bloomberg Markets.

Grayscale Investments filed publicly for an initial public offering, the latest cryptocurrency-linked company to test public markets under an administration more open to digital assets. Zach Pandl, Head of Research at Grayscale Investments, joins Bloomberg Businessweek daily to discuss recent crypto price action and Bitcoin bear market, Grayscale’s philosophy on crypto and its place in…

– Bitcoin bulls have it all — Wall Street support, political tailwinds, institutional cash. Everything, that is, except a rally. After topping $126,000 in October, Bitcoin has fallen sharply, briefly wiping out its 2025 gains before stabilizing on Monday. The sharp retreat from record highs comes in a year that was supposed to cement Bitcoin’s legitimacy.…

Lucy Baldwin, head of research at Citi Global, sees an interest rate cut from the Federal Reserve in December “and then a couple more cuts next year,” setting up a broadening in US and global stock market performance. (Source: Bloomberg) Source: Bloomberg Markets.

Japan’s longer-maturity sovereign bonds fell sharply on Monday over renewed fiscal concerns ahead of the government’s first economic package expected to be unveiled as soon as this week. Source: Bloomberg Markets.

It’s what private equity giants tout at property summits and agents pitch to clients — not shopping malls, not data centers, but student dormitories. Source: Bloomberg Markets.

As AI and data centers consume more power worldwide, Finland is finding a way to turn the problem into a solution. Tom Mackenzie reports from Helsinki, where energy company Helen captures excess heat from Equinix’s data centers and reuses it to warm local homes, cutting emissions and costs at once. With Microsoft and others now…

South Africa will move forward with plans to build a new nuclear plant and revive its modular nuclear reactor program, part of a broader push to secure long-term energy stability, Electricity Minister Kgosientsho Ramakgopa said on Sunday. Source: Bloomberg Markets.

The euphoria surrounding Labubu toys is starting to resemble the boom-and-bust cycle that ended in the collapse of Beanie Babies in the 1990s, a warning sign for investors, a bearish analyst says. Source: Bloomberg Markets.