Dayne Lee

I have a background that includes experience as a day trader in the financial sector before transitioning into my current role as an editor. My focus is on ensuring our stories are accurate and engaging for our readers, and I enjoy collaborating with our writers to provide the best news coverage possible. This journey from finance to writing has been both challenging and rewarding.
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  • ECB Officials Remain Critical of Bitcoin, Asserting Its ‘Fair Value’ Is Nil

ECB Officials Remain Critical of Bitcoin, Asserting Its ‘Fair Value’ Is Nil

Despite Bitcoin’s recent price surge and the groundbreaking approval of spot Bitcoin ETFs in the United States, two European Central Bank (ECB) officials, Ulrich Bindseil and Jürgen Schaaf, remain unwavering…

STRK Token Sees Uptick as StarkWare Revises Unlock Schedule Following Community Feedback

In a significant move that underscored the power of community engagement within the blockchain space, Starknet‘s STRK token witnessed a 10% surge on Thursday. This uptick came on the heels…

Singapore’s Strategic Move Towards AI: Navigating Adoption Challenges

Singapore‘s commitment of $1 billion to enhance its artificial intelligence (AI) capabilities signals a pivotal moment in the nation’s journey towards socio-economic transformation and heightened global competitiveness. This substantial investment…

Euler Finance Unveils Upgraded Lending Platform Following Major Security Breach

In a remarkable turnaround from a $200 million security breach last year, Euler Finance has announced the launch of Euler v2, a revamped and more versatile version of its decentralized…

Japan Secures Early Triumph in Global Semiconductor Manufacturing Competition

When Taiwan Semiconductor Manufacturing Co (TSMC) announced its ambitious plan in 2022 to construct a new semiconductor fabrication plant in Japan, aiming for production to commence in 2024, skepticism abounded.…

China Initiates Legislation to Bolster Private Sector Confidence

In a significant policy move, China has embarked on the drafting of a new law aimed at fostering the growth and development of the private-sector economy. This initiative represents the…

Worldwide Debt Soars to Unprecedented $313 Trillion, According to Institute of International Finance

In a remarkable reflection of the global economic landscape, worldwide debt levels have surged to a historic peak of $313 trillion in 2023, as reported by the Institute of International…

Bank of Korea Governor Resists Premature Interest Rate Cut Discussions

Bank of Korea (BOK) Governor Rhee Chang-yong stands firm against the anticipation of an imminent interest rate reduction, despite a board member’s suggestion of a potential policy easing within the…

S&P Foresees 9% Ringgit Recovery by Year-End

S&P Global Ratings has projected a notable 9% appreciation in the Malaysian ringgit by the conclusion of this year, emphasizing that the currency’s current weakness does not threaten the nation’s…

January Meeting Minutes Reveal Fed’s Concerns Over Premature Rate Cuts

During the Federal Reserve‘s January 30-31 meeting, the majority of policymakers expressed apprehensions about the potential risks of reducing interest rates prematurely, amidst widespread uncertainty regarding the optimal duration for…

Over 80% of Economists Predict BOJ Will End Negative Interest Rates in April

In a significant policy shift that marks the end of an era, more than 80% of economists surveyed by Reuters anticipate the Bank of Japan (BOJ) will terminate its eight-year-long…

Vietnam Stocks Shine Bright Amid Regional Challenges

Vietnam‘s stock market has emerged as a beacon of resilience, outpacing its regional counterparts and attracting a trickle of foreign investment for the first time in months. Despite the looming…

Regulatory Investigation Unveils $241 Million Accounting Discrepancy at Zee

India’s market regulator has uncovered a significant hole of more than US$240 million in the accounts of Zee Entertainment Enterprises Ltd, dealing yet another blow to the beleaguered media conglomerate.…

Dollar Dips, Stocks Slide Amid Diminished Rate Cut Expectations

On Tuesday, both the dollar and stocks experienced a downturn in New York and London, with fading optimism regarding imminent interest rate cuts by central banks weighing heavily on market…

Amazon’s Inclusion in the Dow Jones Industrial Average Signals Shift in Consumer Retail Landscape

In a significant move, Amazon is poised to join the esteemed Dow Jones Industrial Average, marking a pivotal moment in the evolution of the index. The decision, announced by S&P…

Indonesia’s Expansion in North Sumatra Basin

Indonesia is poised to expand its oil and gas exploration efforts in the North Sumatra basin following a significant discovery by Mubadala Energy, as the country aims to ramp up…

China’s Securities Watchdog Engages Market Participants to Restore Market Confidence

In Beijing and Shanghai, China‘s securities watchdog convened a series of seminars on Sunday and Monday, engaging with various market participants to explore strategies aimed at enhancing scrutiny of company…

Nasdaq Takes a Hit as Nvidia Stumbles; Walmart Surges to Record High

In Tuesday’s trading session, the Nasdaq spearheaded the downturn on Wall Street, with chip manufacturer Nvidia experiencing a sharp decline early on, while retail giant Walmart’s optimistic outlook tempered losses…

S&P Global Acquires Visible Alpha to Bolster Data Dominance

S&P Global announced its agreement to acquire consensus provider Visible Alpha, marking the latest in a series of strategic moves to cement its position as a leading data conglomerate. While…

ANZ Moves Forward with US$3.2 Billion Suncorp Acquisition Following Tribunal Victory

On February 20th, ANZ Group Holdings Ltd achieved a significant legal victory, overturning the Australian Competition and Consumer Commission’s (ACCC) previous decision to block its A$4.9 billion (US$3.2 billion) bid…