Rapid selloffs and high leverage expose traders to sudden losses as digital asset markets remain highly sensitive to volatility.$300 million in leveraged long crypto positions were liquidated in the last 60 minutes due to sudden market selloffs.Bitcoin’s price pulled ba
Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggeri
Drone attack in export hub Novorossiysk fuels supply worriesBeijing/Singapore — Oil prices jumped about 2% on Friday on supply fears after a Ukrainian drone attack hit an oil depot in the Russian Black Sea port of Novorossiysk, a major export hub.Brent crude
A Sinotruk carrying sand gets stuck on a muddy road, one of the feeder roads in a deplorable state in Kasanje, Wakiso District. Despite collecting over UGX 460 million in taxes, the community says service delivery remains poor.Kasanje, Wakiso District: Kasanje, a mid-size place
Profit-taking saps metal’s strengthBengaluru — Gold prices slipped on Wednesday, pulled down by a rebound in the dollar and profit-booking after bullion rose to a near three-week high in the previous session on the expectation of interest rate cuts by the Federal Reserve next month.
From November 12, hundreds of Chinese and African scholars and diplomacy experts will gather in South Africa for the Global South Media and Think Tank Forum: China-Africa Partnership Conference.At the center of the two-day high-level deliberations would be what I would term the
Members of the Bolivarian National Militia attend a military drill, amid rising tensions with the United States, in Naguanagua, Venezuela in October.Venezuela says it is launching a “massive mobilization” of military personnel, weapons and equipment in response to the build-up of US wa
Xpeng XPEV stock jumped 18% to three-year highs on record deliveries and humanoid robot technology. Up 130% YTD, outperforming Chinese EV rivals.TLDRXpeng (XPEV) stock jumped 18% Tuesday to its highest price since July 2022October deliveries hit 42,013 vehicles, up
Donald Trump has warned no US officials will attend the G20 summit in South Africa over claims white people are being persecuted in the country.The US President said it is a "total disgrace" that South Africa is hosting the meeting between leaders from the world's largest econom
At a glance• Vladimir Putin could send tanks into a European Nato country tomorrow, a German general is warning• The Russian president could launch a ‘limited attack’ on Nato territory, says Lieutenant General Alexander Sollfrank• Br
