Serrari Group

Saudi Arabia’s Oil Price Cut Sends Global Prices Tumbling Amidst Middle East Tensions

Global oil prices experienced a sharp decline on Monday following Saudi Arabia’s decision to slash its official selling price for oil exports in February. The move, aimed at maintaining competitiveness in the market, overshadowed heightened tensions in the Middle East. Brent crude, the international oil benchmark, witnessed a 3.9% drop, settling at $75.70 a barrel, […]

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Bitcoin Retreats Amidst Speculation on SEC Approval of US ETFs

Bitcoin faced a modest retreat as traders evaluated potential reactions in the cryptocurrency markets following expectations of regulatory approval for the first US exchange-traded funds (ETFs) directly investing in the token. As of Wednesday in Singapore, the leading digital asset experienced a 2.4% decline over the past 24 hours, settling at $42,400. Despite this, Bitcoin […]

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Adani Group Injects $1 Billion Into Renewable Energy Unit to Accelerate Green Goals

In a strategic move to bolster its renewable energy ambitions, billionaire Gautam Adani and his family have announced a substantial $1 billion investment in Adani Green Energy Ltd., according to sources familiar with the matter. The conglomerate, facing upcoming bond maturities in the coming year, is swiftly taking steps to meet its ambitious green targets. […]

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Nikkei Index Hits One-Month High as Bank of Japan Maintains Caution on Policy Shift

In a surge of optimism, Japan’s Nikkei index reached its highest point in a month on Wednesday, climbing 1.75% to 33,799.41 during the mid-day session. This notable upswing, marking its peak since November 20, was fueled by diminishing caution surrounding the Bank of Japan’s (BOJ) policy stance. Market analysts pointed to the absence of any […]

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European Bonds Hit Nine-Month Lows Amid Economic Concerns

On Friday, European bonds experienced a significant rally, driving yields to their lowest point in nine months. Investors, seemingly unswayed by the European Central Bank’s (ECB) assurances that interest rate cuts were not on the horizon, instead focused on worrisome signs of a slowing economy. The yields on 10-year German Bunds, considered the benchmark for […]

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Google Unveils Updated Crypto Advertising Policy, Expanding Opportunities for Financial Product Promotion

In a strategic move set to take effect on January 29th, 2024, Google is implementing a revamped policy that allows certified advertisers to showcase their financial products. This pivotal shift in approach signals a departure from Google’s previous stringent stance on cryptocurrency advertising, where most crypto products and unregulated decentralized applications (dApps) were prohibited. Over […]

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