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Temasek-backed crypto store Amber halts expansion plans in tough market

Temasek-backed crypto store Amber halts expansion plans in tough market

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Amber Group has raised only halfway through an expected $100m funding round and halted expansion plans as the Temasek-backed crypto group fears being dragged into the market turmoil caused by the collapse of FTX. This week, crypto traders grew nervous over Amber’s outlook after industry analysts raised concerns about how FTX’s failure affected the trading …

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Fed faces tough task deciding when to stop raising rates, official warns

Fed faces tough task deciding when to stop raising rates, official warns

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The U.S. central bank is entering a new phase of policy tightening that will be more difficult to manage, a senior official has warned, as pressure mounts on the Federal Reserve to temper what has become one of its toughest campaigns. aggressively raising interest rates for decades. “This next phase of policy making is much …

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5 reasons why 2023 will be a tough year for global markets

5 reasons why 2023 will be a tough year for global markets

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Those who come bearing warnings are rarely popular. Cassander did herself a disservice by telling her fellow Trojans to beware of the Greeks and their wooden horse. But, with financial markets facing unprecedented turbulence, it is important to take a critical look at economic realities. Analysts agree that the markets are facing some serious headwinds. …

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5 reasons why 2023 will be a tough year for global markets

5 reasons why 2023 will be a tough year for global markets

Leave a Comment / Markets / By

Those who come bearing warnings are rarely popular. Cassander did herself a disservice by telling her fellow Trojans to beware of the Greeks and their wooden horse. But, with financial markets facing unprecedented turbulence, it is important to take a critical look at economic realities. Analysts agree that the markets are facing some serious headwinds. …

5 reasons why 2023 will be a tough year for global markets Read More »