Arthur Hayes Reaffirms Bitcoin Long, Sets $10,000 Ether Target for 2026
We haven't written up this one. Yahoo Finance has the full story — the link below goes straight to it.
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China Stock Market Poised To Halt Losing Streak
(RTTNews) - The China stock market has finished lower in two straight sessions, sliding almost 50 points or 1.3 percent along the way.
Bank of Korea Stops Publishing FX Reserve Ranking
The Bank of Korea has stopped disclosing South Korea’s global ranking in foreign exchange reserves, which it had published since 2001, without any meaningful prior explanation.
- Bank of Korea discontinues publishing South Korea's global FX reserve ranking.
- Move criticized for contradicting central bank's communication principles.
- Ranking removed amidst volatile exchange rate and gold price fluctuations.
Pakistan Raises $3 Billion in Two-Part Junk Bond Sale
Pakistan raised $3 billion from a two-part junk bond sale, taking advantage of investor interest after securing credit rating upgrades in the past couple of months.
Growth, income disparities and national cohesion
By redirecting local fiscal lifelines to fund national flagship projects, the government risks deepening the income gap and fracturing national unity into a tale of two economies.