Edward Moya

Bitcoin has leapt by nearly 15 per cent as banking chaos grips the global financial system.The cryptocurrency was trading at $US24,272 ($A36,411) early on Tuesday AEDT, a rise of 14.85 per cent over the past 24 hours, according to…

Tesla Inc shares touched a fresh two-year low in volatile trading on Friday as boss Elon Musk's promise to not sell his shares for at least two years did little to reassure investors. Musk has offloaded shares worth $40 billion in the…

So much for the “Santa rally”.A mini stocks revival triggered by positive US economic data faltered overnight Thursday, in a rare loss for a time of year that normally delivers good news for traders.Wall Street stocks fell at the open of…

Crypto exchange FTX allegedly lent billions of dollars in customers’ money to a sister company to fund risky bets prior to its implosion.FTX, which had been rumoured to be having liquidity issues, went into meltdown this week after being…

Stocks rallied while the dollar slumped against rival currencies on Thursday after a drop in US inflation dimmed expectations of more aggressive Federal Reserve rate hikes.The consumer price index (CPI), a key measure of inflation, rose at…