Author: Steven Sahiounie

Memecoins outperformed the broader crypto markets in recent days, but there may be cause for caution ahead as some warn of imminent profit-taking. Tokens fashioned after the Shiba Inu dog breed may see imminent selling ahead after days of outperforming the broader crypto market. Monday saw the Elon Musk-owned social media app Twitter replace its popular blue bird logo with that of Dogecoin’s Shiba Inu mascot. Dogecoin (DOGE) prices surged almost immediately – with its futures markets setting a record – as some bet on the increased use of dogecoin within the Twitter platform. That rise caused several other Shiba…

ASIC has been conducting a targeted review of Binance’s businesses, the press release said. The Australian Securities and Investments Commission (ASIC) has cancelled Binance Australia’s derivatives license, according to a press release on Thursday. Binance Australia, an arm of the world’s largest crypto exchange by trade volume, has been ordered by the regulator to close all client’s open derivatives positions by April 21. ASIC has been conducting a targeted review of Binance’s businesses, the press release said. “It is critically important that AFS licensees classify retail and wholesale clients in accordance with the law. Retail clients trading in crypto derivatives are afforded…

Asia-Pacific markets largely fell on Thursday as Wall Street digested the latest ADP private payrolls report, which showed slowing job growth in March. India’s central bank held its benchmark interest rate, or its policy repurchase rate, at 6.50%, defying expectations for the Reserve Bank of India to hike 25 basis points. The Indian rupee weakened 0.15% shortly after the announcement. The Nifty 50 gained 0.26% – an outlier as benchmark indexes across the region continued to see declines. South Korea’s Kospi led losses in the region as it closed 1.44% down at 2,459.23, and the Kosdaq dropped 0.78% to finish at 865.58. Japan’s Nikkei 225 slid 1.22%…

Malaysia is determined to work with both the U.S. and China, Malaysia’s trade minister Tengku Zafrul Aziz told CNBC Thursday, amid ongoing tensions between the two economic giants. His comments come as tensions between the U.S. and China escalate in recent years, over concerns ranging from trade sanctions to tech rivalry and alleged spy balloons. “The top two investors and trading partners of Malaysia are both China and the U.S.,” Zafrul told CNBC’s “Squawk Box Asia” in an exclusive interview. “What we’re seeing today is Malaysia is back on the global investors’ radar screen. And we have had good productive discussions with both investors and…

The Israeli occupation forces assault Palestinian protesters amid a pro-Al-Quds rally in the territories occupied in 1948. Palestinians took to the streets in occupied Palestine late Wednesday to condemn the Israeli occupation’s crimes against the Palestinians stationed in the Al-Aqsa Mosque and the desecration of the holy site. The protestors expressed their solidarity with their compatriots in occupied Al-Quds, raising banners expressing their solidarity with Al-Aqsa Mosque and those stationed in the Mosque, while the occupation forces suppressed the rally and beat the participants, confiscated their banners, and arrested a Palestinian girl. Simultaneously, similar marches took place in separate areas…

On April 6, a Ukrainian light-engine plane crashed in the Klintsovsky district of the Russian border Bryansk region. According to the border department of the Federal Security Service of Russia, “the plane crashed near the village of Butovsk for unknown reasons.” The pilot, who tried to escape to Ukrainian territory, was detained. He was armed with an AKS-74U assault rifle and he had a bulletproof vest. According to media reports, the A-22 Flying Fox airplane that landed in an emergency was flying towards the Druzhba oil pipeline to drop a bomb. The private pilot Morozov Alexandr was famous in the…

“The North Atlantic Alliance does not have the necessary status to reproach China or put pressure on it,” Chinese Foreign Ministry spokesperson Mao Ning pointed out The US and military alliances such as NATO should bear responsibility for the crisis in Ukraine, Chinese Foreign Ministry spokesperson Mao Ning told a news conference on Thursday in the wake of statements by the alliance’s Secretary-General Jens Stoltenberg about the consequences for China in case of arms supplies to Russia. “As far as the responsibility for the Ukrainian problem is concerned, I believe it should be borne by the United States and military…

DUBAI, United Arab Emirates — Al Ansari Financial Services made its trading debut on the Dubai Financial Market Thursday. Shares surged over 17% for the family-owned remittances and money exchange firm, which marks the first IPO for Dubai this year. The Al Ansari family sold 750 million shares in the offering, which is equal to a 10% stake in the company. Al Ansari Financial Services’ Group CEO Rashed Ali Al Ansari told CNBC’s Dan Murphy the sheer size of the organization pushed the company to decide to list publicly. “We were extremely pleased that there was a great acceptance from the…

Dmitry Peskov specified that the meeting “addressed the implementation of major projects on the two countries’ [joint] agenda, including the Akkuyu [project]” Russian President Vladimir Putin has met with Turkish Presidential Spokesman Ibrahim Kalin, Kremlin Spokesman Dmitry Peskov told reporters on Thursday. “Such a meeting has indeed taken place,” he said, commenting on reports of Kalin’s meeting with Putin for a discussion of bilateral cooperation pertaining to the Akkuyu Nuclear Power Plant. Peskov specified that the meeting “addressed the implementation of major projects on the two countries’ [joint] agenda, including the Akkuyu [project].” “The parties discussed the need to carry…

The Arab Lawyers Union condemned the repeated incursions of the Israeli occupation forces into al-Aqsa Mosque and the brutal attacks on the worshipers who are stationed there. The Union denounced the international silence regarding the occupation’s crimes against the Palestinian people, Wafa News Agency said. The Arab Lawyers Union also called upon the Arab and Islamic countries to take serious steps and firm measures against the occupation in response to its brutal and repeated assaults on worshipers in al-Aqsa Mosque, including women, according to the agency. The Union hailed the sacrifices offered by the men and women stationed at the…