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Finance

Finance

Bitcoin claws up to $65,000, set for largest weekly drop since late 2022

Bermuda Broadcasting Newsdesk -
The world's largest cryptocurrency was last up 4.4% at $65,894.20, clawing back losses after having slid 5% to hit a low of $60,008.52 earlier...
Finance

FTSE 100 rises as heavyweight banks offset RELX drop

Bermuda Broadcasting Newsdesk -
The blue-chip index was up 0.2% at 1133 GMT, on track to post a second straight weekly gain, also helped by the Bank of...
Finance

Bitcoin drops, driving $2 trillion slide in crypto market value

Bermuda Broadcasting Newsdesk -
The world's largest cryptocurrency fell to a low of $66,675.12, its weakest since October 2024, a month before Republican Donald Trump won the U.S. presidential...
Finance

European stocks close at record high even as tech, healthcare drag

Bermuda Broadcasting Newsdesk -
The pan-European STOXX 600 finished up 0.03% at 618.12 points, building on the previous session's record close as European markets recovered from earlier losses International...
Finance

FTSE 100 touches record high, BoE policy in focus

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index was up 1.4% at 10,457.84 points at 1155 GMT, while the domestically focused mid-cap FTSE 250 was up 0.6% International...
Finance

Global software stocks hit by Anthropic wake-up call on AI disruption

Bermuda Broadcasting Newsdesk -
European data analytics, professional services and software stocks fell for a second day in volatile trade, after Anthropic's new legal artificial intelligence model underscored...
Finance

Sterling hits fresh 5-month high versus euro, BoE in focus

Bermuda Broadcasting Newsdesk -
British interest rates are likely to fall further this year, but the BoE will probably sound vague this week about when or by how...
Finance

Global stock index up slightly while gold, silver bounce

Bermuda Broadcasting Newsdesk -
Commodities stocks and the dollar have whipsawed since U.S. President Trump's nomination of Kevin Warsh to lead the Federal Reserve last Friday International News via...
Finance

UK watchdog reports consumer savings of $215 million in premium finance

Bermuda Broadcasting Newsdesk -
The Financial Conduct Authority also confirmed it would not introduce a price cap or mandate interest-free premium finance, warning that could restrict access to...
Finance

Crypto market volatility triggers $2.5 billion in bitcoin liquidations

Bermuda Broadcasting Newsdesk -
The wipeouts in both short and long bitcoin positions are far below the record $19 billion in crypto liquidations the market experienced after U.S....
Finance

Investors flock to gold, gold miner ETFs in January in bid for safety

Bermuda Broadcasting Newsdesk -
According to LSEG Lipper data, ETFs of gold and other precious metals received $4.39 billion in January - their eighth consecutive month of inflows International...
Finance

London’s FTSE 100 rises as defensive plays outweigh slide in commodity-linked shares

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index was up 0.2% at 1037 GMT, rising for the third straight session, while the domestically focused mid-cap index FTSE...
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