Rae Wee
Stories by Rae Wee
Bitcoin falls below $80k as ether hack, US tariff plans unnerve investors
Positive sentiments from a crypto-friendly US administration have run their course.
Japan’s Nikkei index revisits levels last seen in 1989 as corporate reforms lure foreign money
The 34 years it has taken to regain its footing is a record, too, for a major market.
Private credit sees opportunity in Australia real estate as banks hesitate
Qualitas, PGIM Real Estate expanding private credit footprint.
Crypto firm Ripple secures Singapore payments licence
The licence will allow Ripple to provide regulated digital payment token services.
Asia’s private credit markets boom as desperate borrowers find lenders
Lenders are queuing up too, enticed by the prospect of higher returns as a result of an "illiquidity premium".
Crypto winter appears to be ending as regulatory fog begins to lift
Bitcoin is up more than 90% for the year so far.
Binance.US halts dollar deposits, Robinhood delists tokens after US crackdown
The development raises questions about whether Binance's US operations can survive the SEC lawsuit.
Binance and its US affiliate hit by net outflows of $790m in last 24 hours
Bitcoin steadied after falling more than 5% yesterday, its worst daily decline since April 19.
Global bank stocks breathe easy after regulators, bankers move to allay fears
Focus is also shifting to the possibility of tighter regulation in the US banking sector.
Biden vows to do ‘whatever needed’ for bank system after SVB meltdown
Major US banks lost around $90b in stock market value on Monday.