EUR/USD 1.16556
-0.031%
Gold 4465.46
-0.278%
Oil 57.933
-0.544%
USD/JPY 157.204
0.220%
GBP/USD 1.34353
-0.036%
GBP/JPY 211.212
0.197%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On January 9th, it was reported that on January 8th, the U.S. International Trade Commission (ITC) voted to initiate a Section 337 investigation (Investigation Code: 337-TA-1477) into certain wearable devices with fall detection capabilities and their components. The named defendants are: Apple, Inc., Cupertino, California; Garmin Ltd., Schaffhausen, Switzerland; Garmin International, Inc., Olathe, Kansas; Garmin USA, Inc., Olathe, Kansas; Google LLC, Mountain View, California; Samsung Electronics America, Inc., Ridgefield Park, New Jersey; and Samsung Electronics Co., Ltd., Suwon-si, Republic of Korea.January 9th - Chongqings inter-provincial medium- and long-term electricity purchase transactions for 2026 exceeded 35 billion kilowatt-hours, reaching 37.18 billion kilowatt-hours, an increase of 42.5% year-on-year, setting a new historical record for Chongqings annual inter-provincial medium- and long-term electricity purchase transactions. Electricity trading refers to the market-based buying and selling activities between supply and demand sides for electricity commodities or services in the electricity market. Trading methods are divided into medium- and long-term transactions and spot transactions.On January 9th, the Ministry of Industry and Information Technology officially released the new vehicle application catalog for the HarmonyOS-enabled flagship MPV, the Zhijie V9. Yu Chengdong, Huaweis Executive Director, Director of the Product Investment Committee, and Chairman of the Terminal BG, announced that the new car will be officially unveiled in the spring.Hong Kong stocks fell, with the Hang Seng Index and Hang Seng Tech Index both turning negative. Tech stocks declined, with Meituan (03690.HK) and Baidu (09888.HK) falling by more than 2%.According to a report by the American Automobile Association (AAA) on January 9th, the national average gasoline price at the start of the new year was $2.81 per gallon, a multi-year low. The last time the national average price was this low was in March 2021. Crude oil prices have remained relatively stable since the end of 2025, unaffected by Venezuelas influence on the oil market. Currently, global oil supply is strong, as OPEC+ stated that it will not increase production in the first quarter of 2026 due to declining demand. According to the latest data from the U.S. Energy Information Administration (EIA), U.S. gasoline demand fell to 8.17 million barrels per day last week from 8.56 million barrels per day. Total domestic gasoline supply increased to 24.2 million barrels per day from 23.43 million barrels per day. Gasoline production declined last week, averaging 9 million barrels per day.

New FTX chief says bankrupt crypto exchange could restart

Skylar Shaw

Jan 20, 2023 11:43

According to Chief Executive Officer John Ray, the bankrupt cryptocurrency exchange FTX is considering ways to resurrect its operations. He made the announcement to the Wall Street Journal on Thursday.


According to Ray, who took over the company's leadership in November, a task group has been established to look at reviving FTX.com, the organization's primary international exchange.


The CEO also said in an interview with the Journal that he would research if resurrecting FTX's international exchange would generate more value for the company's clients than his team could get by simply selling the platform or liquidating its assets.


Following the news, FTT, the native token of FTX, increased by around 30%.


I'm relieved Mr. Ray is now only pledging to restart the exchange after months of blocking such attempts! Sam Bankman-Fried, the founder and former CEO of FTX, said in a tweet.


Bankman-Fried said, "I'm still waiting for him to eventually acknowledge FTX US is solvent and return clients' money.


An inquiry for comment from Reuters was not immediately answered by an attorney representing FTX.


Bankman-Fried is accused of robbing the exchange's users of billions of dollars to settle debts accrued by his cryptocurrency-focused hedge fund, Alameda Research. He's denied the allegations of fraud.


Customer money' future, however, is still unknown. In a note to creditors earlier this week, FTX said that since declaring bankruptcy in November, hackers had stolen nearly $415 million in cryptocurrency from its worldwide and American exchanges.


Suggestion