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China anchors ‘monster ship’ in South China Sea, Philippine coast guard says

Posted on July 6, 2024 by Financial Edge Daily

MANILA (Reuters) – The Philippine Coast Guard (PCG) said on Saturday that China’s largest coastguard vessel has anchored in Manila’s exclusive economic zone (EEZ) in the South China Sea, and is meant…

As Biden digs in, fellow Democrats face a dilemma

Posted on July 6, 2024 by Financial Edge Daily

By Stephanie Kelly and Nandita Bose (Reuters) – U.S. President Joe Biden has defiantly rejected calls that he step aside from the presidential race against Republican opponent Donald Trump, presenting a challenge…

UK’s Conservatives face leadership “bloodbath” as party seeks new direction

Posted on July 5, 2024 by Financial Edge Daily

By Elizabeth Piper LONDON (Reuters) – The recriminations and jostling for top positions among Britain’s Conservative lawmakers began long before Thursday’s crushing election defeat to Labour that some party figures said left…

Robinhood considering offering crypto futures in US, Europe, Bloomberg reports

Posted on July 5, 2024 by Financial Edge Daily

(Reuters) – Robinhood Markets is considering offering cryptocurrency futures in the U.S. and Europe in the coming months, Bloomberg News reported on Tuesday, citing people familiar with the matter. The commission-free trading…

Crypto hacking thefts double to $1.4 billion in first half of 2024, researchers say

Posted on July 5, 2024 by Financial Edge Daily

LONDON (Reuters) – The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier, driven by a small number of large…

Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit

Posted on July 5, 2024 by Financial Edge Daily

By Jonathan Stempel NEW YORK (Reuters) – Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership…

Biden’s July 4th party kicks off events that may reassure Democrats

Posted on July 4, 2024 by Financial Edge Daily

By Steve Holland and Andrea Shalal WASHINGTON (Reuters) – If President Joe Biden is going to survive pressure to abandon his re-election campaign after a poor showing in his debate with Donald…

Bitcoin hits 2-month low on election uncertainty, Mt Gox flows

Posted on July 4, 2024 by Financial Edge Daily

By Sameer Manekar (Reuters) – Bitcoin slid to a two-month low on Thursday, extending a month-long fall, as uncertainty over U.S. presidential elections and reports of bitcoin supply from a defunct Tokyo-based…

China’s BYD opens EV factory in Thailand, first in Southeast Asia

Posted on July 4, 2024 by Financial Edge Daily

RAYONG, Thailand (Reuters) – China’s BYD opened its first electric vehicle plant in Thailand on Thursday, the auto maker’s first in Southeast Asia. “BYD is using Thailand as a production hub for…

Trump falsely claims to have driven Biden from race in video, Daily Beast reports

Posted on July 4, 2024 by Financial Edge Daily

(This story contains offensive language in paragraph 3) By Jeff Mason WASHINGTON (Reuters) – Republican Donald Trump falsely claimed to have driven Democratic President Joe Biden out of the White House race…

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