Malaysia Weighs Introduction of Crypto, Blockchain Legislation
The country's prime minister held discussions with Abu Dhabi's government and crypto exchange Binance to formulate how to move forward.
Global unemployment set to hold near historical low of 5%, ILO says
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International Labour Organization said in a report on Thursday. However, the Geneva-based body said that a global economic slowdown from 3.3% to around 3.2% last year, and a gradual deceleration over the medium term, will limit job creation. "The global economy continues to expand at a moderate rate, but it is projected to gradually lose steam, preventing a stronger and more durable labour market recovery," the ILO flagship report on global employment and social trends said.
Nomura-Backed Komainu Receives $75M Bitcoin Investment From Blockstream Capital
Blockstream CEO and co-founder Adam Back is to join Komainu's board of directors.
TSMC Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence demand.
Bitcoin Revisits $100K as Trump Inauguration May Spur a Breakout: Van Straten
Wednesday's price action for bitcoin was the fourth time it exceeded the key $100,000 price level.
Geberit CEO expects stable, slightly positive US construction market ahead of Trump term
"We expect a stable, slightly positive market in the U.S.," Buhl said of 2025 after Geberit reported its full-year sales, adding, "We have ambitions to expand our market position and become stronger." The company, which has two factories in the United States, has no plans to invest beyond its normal levels in the country, Buhl added, and had already reshored much of its supply chain back to the country.
Kraft Heinz makes Marcel Regis president of West and East markets
Regis will be responsible for overseeing the company's operations across Latin America, Eastern Europe, the Middle East and Africa.
Bitcoin Poised to Top Record as Trump Inauguration Nears, Major Coins Due for 10% Swings: Traders
Wednesday's soft U.S. core CPI has opened doors for traders to focus on Trump's swearing in and the possibility of first-day pro-crypto announcement.
New confidence abounds at mid-market companies
“The focus has shifted from caution to growth,” said JPMorgan Chase after polling more than 1,600 executives.
China Vanke has no plans to extend bonds amid market slump, REDD reports
Vanke's onshore bond prices have been volatile in the past few weeks over concerns about its ability to make maturity payments this year following a prolonged property market slump. The state-backed developer has a total of $3.4 billion worth of public bonds, which are mostly onshore debt except one dollar bond - maturing this year. REDD reported on Thursday that China Vanke briefed investors on the matter after online rumours that it was considering bond extensions.