By Summer Zhen HONG KONG (Reuters) – Asia-focused hedge funds started 2024 with a strong first quarter, cashing in on a prolonged rally in Japanese stocks, a tentative turnaround in Chinese equities, and a boom in artificial intelligence (AI) stocks. Most stock markets across Asia – from Japan and India…

Shiba Inu has the potential to spike by as much as 30,385% to an ambitious $0.006539 price after the Bitcoin halving if it replicates a fraction of its previous upsurge. With the Bitcoin halving just three days away, discussions surrounding its potential impact on Bitcoin’s price have gained steam. Notably,…

This story is part of Forbes’ coverage of Malaysia’s Richest 2024. See the full list here. A declining ringgit offset a 9% rise in the stock market since we last measured the fortunes of Malaysia’s tycoons around 11 months ago. Consequently, the combined wealth of the nation’s 50 richest is…

POLITICS

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A civil trial against a US defense contractor accused of engaging in and directing abuse at the Abu Ghraib prison in Iraq began Monday in Alexandria, Virginia, two decades after revelations of horrific torture first surfaced. The trial started with testimony from one of the Iraqi men, who said he was beaten, interrogated and left bound and naked for hours on end at the infamous site. The proceeding marks the first time these Abu Ghraib survivors are able to bring their claims of torture to a US jury. “I wished to die,” Salah Al-Ejaili, one of the three plaintiffs in…

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Investing

When buyers fail to show up at the price where they previously paid, it’s a sign of weakness for a stock. You don’t need a thorough understanding of technical analysis to appreciate this. It’s not that much different than a goods store marking down merchandise since it’s not being purchased…