Economic

China’s Top Prosecution Agency Warns NFT Users of Possible Economic Exploitation via Price Manipulation

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Coinspeaker China’s Top Prosecution Agency Warns NFT Users of Possible Economic Exploitation via Price Manipulation The Chinese government has pushed the country to digital economy adoption post-Covid-19 global pandemic. The country has significantly rolled out the digital yuan in anticipation to widen the adoption of its currency as a global reserve. The digital Yuan is … Read more

China’s Economic Data Missed Broad Expectations amid Wobbled Recovery

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China’s economic outlook also affected the stocks of some of the top companies in the country. China’s economic recovery has been faced with a lot of strain in its attempt to return back to winning ways as marked by growth, however, recent data points that the economy has continued to miss broad expectations. As reported … Read more

European Indices Inch Forward as Investors Digest Economic Realities

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The growth in the European indices recorded an encompassing ripple effect that spread to other major Asia-Pacific markets. Indices in the European stock market opened the week with promises of growth as economic realities for the near future became more visible. Besides, earnings from publicly traded firms have been seen to be a major catalyst … Read more

Porsche Sees Strongest Result in History in 2022 despite Global Economic Downturns

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The automaker attained a new landmark in September 2022 with its largest IPO in Europe regarding market valuation. Luxury automobile manufacturer Porsche achieved record figures in 2022 as sales revenue grew from 33.1 billion euros in 2021 to 37.6 billion euros. In addition to its 13.6% gain, the company had an impressive operating profit in … Read more

Binance Searches for EU Lobbyist to Extend Its Influence to Supranational Political & Economic Bloc

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Leading exchange Binance is currently searching for a lobbyist that would ‘shape a communications narrative’ across the EU.  Binance seeks to hire a full-time European Union (EU) lobbyist amid the supranational political union’s finalization of crypto rules and regulations. By onboarding a specialized lobbyist, Binance hopes to extend its influence to the increasingly regulated EU. According … Read more