A global bond selloff deepened, jolting investors as robust US economic data and weak demand at a debt auction drove Treasury yields across much of the curve to their highest levels in almost two decades. Bloomberg MLIV's Ven Ram has the latest.
StarkWare has cut the estimated GPU cost of preparing a quantum-safe Bitcoin transaction by 79%.
The Trump administration is considering promoting dollar-denominated stablecoins overseas to reinforce the dollar’s reserve status, according to a report by Bloomberg.
South Africa's central bank is stepping up its fight against inflation, raising interest rates for the second time this year. The unanimous quarter-point hike takes the benchmark rate to 7.25%, as higher oil prices and persistent services inflation add to price pressures. Danelee Masia, Deutsche Bank South Africa CEO and Chief Economist for CEEMEA spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East & Africa on the latest numbers.
US & China have agreed to extend their trade-war truce by two months. Treasury Secretary Scott Bessent announced the deal as Chinese President Xi Jinping begins his first state visit to Washington in 11 years. Christopher Smart, founder and managing partner of the Arbroath Group spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East & Africa about the significance of the visit.
The European Supervisory Authorities have warned quantum computing could undermine cryptography protecting financial systems and blockchains.
Sean Stein, President of the US-China Business Council, says the extension of the trade truce between Washington and Beijing is "absolutely necessary," though uncertainty remains over its scope. He speaks on "Bloomberg: The China Show."
Sihasak Phuangketkeow, Thailand's Foreign Minister and Deputy Prime Minister, says the country is in "serious negotiations" with the US over tariffs and reciprocal trade, stressing that Thailand has value to offer. He speaks exclusively with Bloomberg's Haslinda Amin in New York.
Treasury Secretary Scott Bessent announced the US and China have sealed a two-month extension to their trade truce as Xi Jinping landed in America for his first state visit in eleven years.
Bitpanda and Raiffeisen Bank International AG (WBAG:RBI) have expanded their digital asset partnership across Central and Eastern Europe.
FTX and Alameda-linked wallets have transferred about $75 million in Ethereum (ETH) to market maker Wintermute.
BitMEX has closed its exchange after more than 11 years, following a strategic review by parent HDR Global Trading Limited.
