China’s housing market has been facing significant challenges, and according to JPMorgan economist Haibin Zhu, the situation is far from being resolved. Despite various government stimulus and support measures, the sector continues to struggle. The recent data released by China Index Academy shows a slight increase in new home sales prices, but a decrease in
0 Comments
In the ever-evolving world of blockchain technology, Peaq has emerged as a promising platform focused on decentralized infrastructure networks (DePIN). With the scheduled launch of its layer-1 blockchain between September 22 and September 30, Peaq aims to revolutionize the way decentralized applications are powered and operated. One of the key highlights of Peaq is its
0 Comments
REA Group, a property listings company owned by media mogul Rupert Murdoch’s News Corp, has announced its intention to potentially acquire the U.K. property portal Rightmove. This move is aimed at creating a global digital real estate business, signaling a significant strategic shift for both companies in the competitive real estate market. Market Response and
0 Comments
Bitcoin experienced a turbulent month in August, with the leading cryptocurrency sliding by 10.25%, marking its worst performance since April. Ether also faced challenges, dropping by 23.66% in its third monthly drawdown, the worst month since June 2022. This discrepancy has highlighted the struggles within the crypto market, with Bitcoin showing isolated success thanks to
0 Comments
The U.S. dollar experienced a slight decline in trading due to the upcoming release of key labor market data that could potentially influence Federal Reserve interest rate decisions. The Dollar Index, which measures the greenback against a basket of other currencies, saw a 0.1% decrease, reaching 101.577 after hitting a peak of 101.79. This movement
0 Comments
As airlines around the world navigate their way through the challenges brought on by the COVID-19 pandemic, low-cost carriers are finding themselves in a particularly tough spot. Cash-strapped and struggling to return to profitability, airlines like Spirit Airlines, JetBlue Airways, and Frontier Airlines are deferring billions of dollars worth of new aircraft orders in an
0 Comments