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MKS PAMP appoints Ann KUNG YEUNG Yun Chi as Chair of Asia-Pacific
itbiznews48d ago

MKS PAMP appoints Ann KUNG YEUNG Yun Chi as Chair of Asia-Pacific

HONG KONG, May 6, 2026 /PRNewswire/ -- MKS PAMP, a leading global precious metals company, is pleased to announce the appointment of Ann KUNG YEUNG Yun Chi as Chair of MKS PAMP (Hong Kong) Limited & Asia-Pacific. In this role, she will work closely with James Emmett, CEO of MKS PAMP SA, to provide s...

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Trump Will Sign Key Crypto Bill Into Law Before This Date, Says Bernie Moreno—Senator Adds All 'Outstanding Issues' Resolved
benzinga48d ago

Trump Will Sign Key Crypto Bill Into Law Before This Date, Says Bernie Moreno—Senator Adds All 'Outstanding Issues' Resolved

Sen . Bernie Moreno (R-Ohio) said on Tuesday the Clarity Act would be signed into law by President Donald Trump in around the first week of July. Mark Up By Next Week? At the Solana Accelerate USA event in Miami, Moreno noted strong “progress” and indicated that the key cryptocurrency legislation could be marked up next week. “We have to merge it with, not to give you all the inside baseball, but there are a bunch of committees that have jurisdiction, so we have to put it into a tidy package. But we’ll get it on the president’s desk before the end of June and he’ll sign it into law before July 4th,” said Moreno, who is part of the Senate Banking Committee. "We passed the Genius Act and next week we're going to mark up the Clarity Act, which is a big deal." @berniemoreno expects Clarity to be signed by President Trump before July 4th. pic.twitter.com/VGC9TfLLJK — Solana ... Full story available on Benzinga.com

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Top Stock Picks: High Scorers on Stock Reports Plus This Week
businesstantra_in48d ago

Top Stock Picks: High Scorers on Stock Reports Plus This Week

Navigating the stock market today requires more than just a passing glance at daily price movements; it demands a rigorous, data-driven approach to identify companies with the strongest fundamentals. As we move into the first full week of May 2026, market volatility has become a significant factor, driven by the Rupee hitting a record low [...] The post Top Stock Picks: High Scorers on Stock Reports Plus This Week appeared first on BusinessTantra .

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Bitcoin Price Prediction Turns Bullish at $81K but Pepeto $9M Presale Targets What BTC Cannot
techbullion48d ago

Bitcoin Price Prediction Turns Bullish at $81K but Pepeto $9M Presale Targets What BTC Cannot

Bitcoin crossed $81,000 for the first time since January while most retail traders were still waiting for a signal. ETF inflows hit $532 million in one day on May 4, and whales loaded 270,000 BTC over the past month alone. The money is moving, but not where most people expect. For those searching the Bitcoin [...] The post Bitcoin Price Prediction Turns Bullish at $81K but Pepeto $9M Presale Targets What BTC Cannot appeared first on TechBullion .

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Bitcoin Tops US$81,000 As Ethereum Edges Higher, But Volatility Lingers
businesstoday_my48d ago

Bitcoin Tops US$81,000 As Ethereum Edges Higher, But Volatility Lingers

Bitcoin surged past the US$81,000 mark on May 6, extending a multi-day rally and anchoring fresh momentum in the crypto market, while Ethereum posted modest gains amid leveraged buying, together signalling renewed but cautious investor optimism. The world’s largest cryptocurrency climbed as much as 1.5% in the past 24 hours and is now up roughly [...]

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Asia markets hit records on AI euphoria, Iran peace hopes
adaderana48d ago

Asia markets hit records on AI euphoria, Iran peace hopes

Reuters – Stocks leapt, oil prices sank and the dollar dropped in the Asian morning on Wednesday after ​U.S. President Donald Trump touted “great progress” towards a “final agreement” with Tehran, while momentum in AI-driven trades accelerated. Trump said he ‌would briefly pause an operation escorting ships through the Strait of Hormuz, which carries about a fifth of global oil and has been blockaded by Iran since late February, triggering a global energy crisis. The news sent Brent crude tumbling 1.2% to $108.51 per barrel, while S&P 500 e-mini futures were up 0.3%. MSCI’s broadest ​index of Asia-Pacific shares outside Japan, opens new tab jumped 2.3% to a fresh record, led by a 5.1% surge in South Korea’s ​Kospi, opens new tab, clearing the 7,000 mark for the first time. “Markets embraced a sense of calm and stability overnight, ⁠with the risk of escalation in the Middle East conflict viewed as having diminished after U.S. Defence Secretary Pete Hegseth ensured ​the ceasefire was still in place, despite the U.S. and Iran trading blows yesterday,” analysts from Westpac wrote in a research note. “This put ​some wind in the sails for risk sentiment, supporting a rebound in equities across the U.S. and Europe at the same time as crude oil prices partially unwound yesterday’s climb.” Stocks on Wall Street hit fresh records on Tuesday as the S&P 500, opens new tab rose 0.8% and the Nasdaq Composite, opens new tab gained 1%. “Investors bought ​and continue to add to positioning in the 2026 winners,” said Chris Weston, head of research at Pepperstone Group Ltd in Melbourne. “There ​has been some buying in S&P 500 materials stocks, but it’s tech that continues to attract the bulk of flows, notably in Apple and the ‌memory plays.” As ⁠the Seoul market reopened after a holiday, Samsung Electronics, opens new tab jumped 12%, topping a $1 trillion market value, overtaking Berkshire Hathaway, opens new tab and closing in on Walmart, opens new tab. “Due to the capex spend we are seeing from hyperscalers in the U.S., the earnings growth trajectory for sectors such as semiconductors, tech hardware, industrials and materials in Asia exceeds anything I have seen in a long-time,” said Rushil Khanna, head of equity investments for ​Asia at Ostrum, an affiliate ​of Natixis Investment Managers. “This capex ⁠is leading to material value creation in Asia as the provider of the picks and shovels to the AI ecosystem,” he said. Shares in Advanced Micro Devices, opens new tab jumped 16.5% in extended trading as the company ​forecast second-quarter revenue above Wall Street expectations on Tuesday, helped by keen demand for its dead-centre chips ​as cloud-computing companies ⁠accelerate spending on AI infrastructure. In the foreign exchange markets, the U.S. dollar index , which measures the greenback’s strength against a basket of six currencies, snapped a three-day winning streak, nudging down 0.1% to 98.236. The euro stood at $1.1724 and sterling was at $1.3577 , both up around 0.3% so far ⁠on the ​day. The Australian dollar fetched $0.7227 , rising about 0.6% to the highest since June 2022, ​buoyed by improved risk appetite and underpinned by a third straight interest-rate hike a day earlier. The yield on the U.S. 10-year Treasury bond was flat at 4.424%. Gold was ​1.2% higher at $4,609.59. In cryptocurrencies, bitcoin was down 0.9% at $80,881.12, while ether was off 1% at $2,358.09.

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SageMaster puts $25,000 behind simulated forex competition for new traders
edtechinnovationhub48d ago

SageMaster puts $25,000 behind simulated forex competition for new traders

The Dubai-based platform's WES League gives 400-plus participants 45 days to trade on demo accounts, with the top five competing in a live final round. SageMaster's WES League competition scores participants on discipline and risk management over 45 days of simulated forex trading. SageMaster has opened a simulated forex trading competition with $25,000 in combined prize money, targeting people learning to trade through its AI -assisted education platform. WES League, which begins in the first week of May 2026, will run for 45 days. Participants trade using demo accounts and are scored on consistency, discipline, and risk management rather than returns alone. Over 400 people have registered since signups opened last month, and the competition is free to enter globally. The structure is designed to narrow the field progressively. The top 30 performers share up to $20,000 in cash prizes. The top five advance to a final round of live trading sessions over five days, competing for a $5,000 grand prize. Scoring goes beyond profit and loss Participants must complete a minimum of ten trades and maintain an active record throughout the 45 days to qualify. The evaluation criteria weight how traders apply structured decision-making, not just whether they finish in profit. "WES League is about giving people a space to actually put what they're learning into practice. It's one thing to understand how markets work, but it's another to make decisions in real time, reflect on them, and improve. That's where growth really happens," says Ehsaan Islam, Chief Technology Officer of SageMaster. WES League is part of SageMaster's broader education-focused offering, which uses AI tools to help users build and test trading strategies in simulated environments before approaching live markets. The competition is scheduled to conclude on June 13, 2026. Simulated trading competitions are increasingly common as onramps into financial literacy, but the conversion rate from contest participation to genuine skill development remains an open question across the sector. Subscribe to the ETIH newsletter Sign up with your email address to receive news and updates. First Name Last Name Email Address Sign Up We respect your privacy and will not pass your email address on to third parties. However, we will occasionally send you promotional messages on behalf of our advertisers. Thank you!

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