News list for " the largest"
USD/JPY fell 0.7% to 155.06, the biggest drop since October 10. (gold ten)
South Korea's main stock index suffered its largest weekly sell-off by foreign investors in the first week of November, the Korea Exchange said on Sunday, as profit-taking and fears of an artificial intelligence (AI) stock bubble caused the market to fall. Foreign investors sold 7.26 trillion won (about $4.98 billion) worth of stocks from Monday to Friday, the exchange said. The amount set a record for the largest single-week sell-off by foreign investors in the history of the Korea Composite St...
The United States has put Russian oil majors on a sanctions blacklist, bringing an abrupt end to the three-year "honeymoon period" of Indo-Russian oil. Bessant also announced that the upcoming sanctions against Russia will be one of the largest to date. Click to view...
Gold mining stocks across the US plunged after the deepest fall in gold prices in more than a decade. Top producers such as Barrick Gold, Newmont Mining and Eagle Mining all fell more than 8 per cent in early US trading on Tuesday, while the VanEck Gold Mining ETF, which tracks the world's largest miners, tumbled 9.5 per cent, its worst performance since March 2020. Spot gold fell its deepest 6.3 per cent on Tuesday, its biggest one-day fall since 2013, after hitting a record high of $4381.52 a ...
The US stock market continued to decline, with the Nasdaq Composite Index falling more than 2%; the Nasdaq 100 Index fell as much as 2.4%, its largest decline since April 30.
Peru's largest bank, Banco Credit Peru (BCP), has received approval from national regulators to launch the country's first regulated crypto-asset pilot platform, Cryptococos. Some eligible customers can buy and hold Bitcoin (BTC) and USDC on the platform, which is hosted by US crypto infrastructure company BitGo. The platform is a closed system, all transactions are conducted only internally, and transfer to external wallets is prohibited to ensure anti-money laundering and counter-terrorism fin...
The Royal Canadian Mounted Police (RCMP) announced today (September 18) that it has successfully executed the largest cryptocurrency seizure in the country's history in Montreal, seizing more than $56 million worth of cryptoassets. In this operation, the police successfully shut down the cryptocurrency trading platform TradeOgre for the first time. According to the investigation, the platform is suspected of providing money laundering channels for criminal organizations because it is not registe...
Traders expect the Federal Reserve to implement at least one aggressive 50 basis point rate cut at its three remaining policy meetings this year. This week saw the largest-ever trading of interest rate futures contracts to hedge against the dovish surprise of Wednesday's 50 basis point rate cut. Click to view
According to analysts, the bitcoin whale has sold up to $12.70 billion worth of bitcoin in the past month, and if the sell-off continues, it could further depress its price in the coming weeks. CryptoQuant analyst "caueconomy" noted on Friday: "The trend of major bitcoin network participants reducing their holdings is continuing to intensify, reaching the largest token distribution of the year." They added...
Russia launched its largest airstrike since the war between Russia and Ukraine, and the main government building in the center of Kiev was set on fire. Trump made it clear that he was ready to launch the second phase of sanctions, and the US Treasury secretary said that secondary tariffs would strangle the Russian economy. Click to view...
