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HH the Amir Inaugurates LNG2026
marhaba10d ago

HH the Amir Inaugurates LNG2026

Under the patronage and in the presence of HH Sheikh Tamim bin Hamad Al Thani, the Amir of the State of Qatar, the 21st International Conference & Exhibition on Liquefied [...]The post HH the Amir Inaugurates LNG2026 appeared first on Marhaba Qatar.

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Financial markets reel from ‘Warsh risk’ as contagion fears grow
koreajoongangdaily_joins10d ago

Financial markets reel from ‘Warsh risk’ as contagion fears grow

Major stock indices are displayed on an electronic board at the trading room of Woori Bank’s headquarters in central Seoul on the afternoon of Feb. 2. The Kospi closed at 4,949.67, down 274.69 points, or 5.26 percent, from the previous session. [NEWS1] Financial markets suffered a bout of what traders dubbed “Black Monday.” On Monday, the Kospi fell 5.26 percent from the previous session, slipping below the 5,000 mark just four trading days after first closing above that level on Friday. The tech-heavy Kosdaq dropped 4.44 percent. The won weakened sharply, losing 24.8 won against the dollar in a single day. Regional markets also retreated, with Japan’s Nikkei down 1.25 percent and China’s Shanghai Composite falling 2.48 percent. The shock that rippled through Asian markets was quickly labeled “Warsh risk.” On Friday, U.S. President Donald Trump named Kevin Warsh as his pick for the next chair of the Federal Reserve, triggering what investors saw as a tightening shock. The prices of gold and silver plunged 11.38 percent and 31.31 percent, respectively, on the same day, moves rarely seen in those markets. Bitcoin also fell below $80,000 for the first time in nine months. Warsh, a former member of the Fed’s Board of Governors who opposed quantitative easing, has long been viewed as a policy hawk. Markets now expect that, rather than aggressive rate cuts, he could favor shrinking the central bank's balance sheet to absorb excess liquidity. The contradictory label often attached to him, a “hawkish dove,” reflects growing anxiety that uncertainty over U.S. monetary policy will intensify. Related ArticleSell-side sidecar activated on Kospi after index futures post steep fallKospi opens sharply lower amid new Fed chair nominationTrump nominates Kevin Warsh as next Federal Reserve chair The concern is that Korea is particularly vulnerable to such external shocks. With key industries outside semiconductors losing momentum and domestic demand remaining sluggish, the economy’s fundamentals have been weakening. Anxiety has also been fueled by the speed at which funds have poured into equities. Under the current administration’s push toward a “Kospi 5,000 era,” cash waiting to enter the stock market surpassed 100 trillion won ($68.7 billion) for the first time on Friday. Margin trading has also surged, with outstanding credit balances exceeding 30 trillion won, another record. The heavier the reliance on borrowed money, the greater the risk of a sharp correction when an external shock hits. Market analysts warn that shifts in U.S. monetary policy could spill over into global financial markets and the real economy. To prevent such uncertainty from spreading into a broader risk for Korea’s economy, the government must act with a heightened sense of urgency and take pre-emptive steps. Above all, excessive efforts to prop up the stock market should not be allowed to amplify risks for households and the broader economy. This article was originally written in Korean and translated by a bilingual reporter with the help of generative AI tools. It was then edited by a native English-speaking editor. All AI-assisted translations are reviewed and refined by our newsroom.

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PET Shrink Film Market Trends and Companies 2026-2035
globenewswire_fr10d ago

PET Shrink Film Market Trends and Companies 2026-2035

As highlighted by Towards Packaging research, the global PET shrink film market, valued at USD 3.30 billion in 2025, is expected to reach USD 4.55 billion by 2035, registering a CAGR of 3.26% throughout the forecast period. As highlighted by Towards Packaging research, the global PET shrink film market, valued at USD 3.30 billion in 2025, is expected to reach USD 4.55 billion by 2035, registering a CAGR of 3.26% throughout the forecast period.

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Bullish: Forgotten Hot Crypto IPO
seekingalpha10d ago

Bullish: Forgotten Hot Crypto IPO

Bullish trades below IPO despite Q4 volume up 57% to $223B and services rev +250% YoY. Read more macro analysis here.

#CRYPTO#STOCKS
Tech Trivia with Chinenye Anikwenze, software engineer and automation specialist
technext2410d ago

Tech Trivia with Chinenye Anikwenze, software engineer and automation specialist

This is Technext’s weekly Women-in-tech trivia, a close-up series that spotlights the lives and personalities of female tech enthusiasts, professionals, and founders. A new edition drops every Monday.The post Tech Trivia with Chinenye Anikwenze, software engineer and automation specialist first appeared on Technext.

#CRYPTO
benzinga10d ago

Digital Ascension Group Launches Crypto Tax Preparation and Filing Services with Partner CPA Firms

Dallas, TEXAS, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Digital Ascension Group, a family office serving digital asset holders, now offers comprehensive crypto tax preparation and filing services through partnerships with CPA firms specializing in cryptocurrency taxation. The service addresses the growing need for accurate crypto tax reporting as IRS enforcement intensifies and new tax forms take effect for the 2025 tax year.Digital Ascension Group has partnered with specialized CPA firms to offer crypto tax services for individuals and businesses.TL;DRDigital Ascension Group has partnered with specialized CPA firms to offer crypto tax services for individuals and businesses. The tax professionals in their network handle everything from simple Bitcoin sales to complex DeFi transaction histories, staking income, NFT sales, and multi-entity structures. They use crypto tax software to import your crypto transactions, calculate your crypto capital gains and losses, and prepare accurate tax returns including Form 8949, Schedule C, and all required tax forms. The IRS has made cryptocurrency tax enforcement a priority, and filing incorrectly creates real risk. Digital Ascension Group connects clients with tax experts who actually understand how crypto is taxed and can defend their work if questioned. Learn more about the service or contact the team to get started.Why Digital Ascension Group Built This Crypto Tax ServiceThe firm launched crypto tax preparation services after seeing the same problem repeatedly among its client base: people with substantial cryptocurrency holdings couldn't find qualified tax professionals to prepare their returns."Most CPAs have never filed a return with DeFi income," said Maximus Avery, CBDO and Principal of Digital Ascension Group. "They don't know how to handle staking rewards, liquidity pool participation, or cost basis tracking across five exchanges. Our clients needed tax experts who specialize in this, not generalists learning on their dime."Digital Ascension Group responded by building relationships with CPA firms that have dedicated practices around cryptocurrency tax compliance. These tax professionals have prepared returns for crypto founders, active traders with thousands of annual transactions, and families holding digital assets across multiple generations.The result is a crypto tax service that handles everything from straightforward Bitcoin capital gains to the most complex cryptocurrency transaction scenarios.The IRS Is Watching: Why Accurate Crypto Tax Filing Matters in 2026The Internal Revenue Service has made digital asset tax enforcement a priority. This isn't speculation. The agency has served John Doe summonses on Coinbase, Kraken, and other major exchanges, obtaining account holder information for hundreds of thousands of taxpayers.Starting with the 2025 tax year, exchanges must file Form 1099-DA (the new digital asset reporting form) with the IRS. This builds on existing Form 1099-B requirements. The IRS receives copies of these forms before you file your taxes. When your tax return doesn't match what exchanges reported, expect a notice.The cryptocurrency tax question on Form 1040 now asks every taxpayer directly: did you receive, sell, exchange, or dispose of any digital asset during the tax year? Checking "no" when the answer is "yes" creates problems. Checking "yes" and filing incorrect amounts creates different problems.Penalties for substantial understatement of tax start at 20% of the underpaid amount. Interest accrues from the original due date. If the IRS determines fraud, penalties increase and criminal referral becomes possible. Nobody expects fraud allegations from sloppy crypto tax reporting, but large discrepancies combined with complex transaction histories can look intentional.Digital Ascension Group's crypto tax services exist to help clients avoid these outcomes by filing accurate crypto tax returns from the start.What Makes Cryptocurrency Tax Preparation So ComplicatedEvery cryptocurrency transaction potentially triggers a tax obligation. Most crypto investors have hundreds of these transactions without realizing it.The IRS Treats Crypto as Property for Tax PurposesCryptocurrency is taxed as property, not currency. This means every sale, trade, or disposal creates a capital gain or capital loss. Trading one crypto for another counts as selling the first and buying the second, even though dollars never entered the picture.The tax rate depends on your holding period. Crypto held more than one year qualifies for long-term capital gains tax rates of 0%, 15%, or 20%. Crypto held one year or less faces short-term capital gains tax at your ordinary income tax rate, which matches your federal tax bracket.Cost Basis Tracking Creates HeadachesIf you bought Bitcoin at $5,000 in 2019, $35,000 in 2021, and $68,000 last year, then sold some, which Bitcoin did you sell? The IRS ...Full story available on Benzinga.com

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A Canadian Stock Poised for a Massive Comeback in 2026
fool_ca10d ago

A Canadian Stock Poised for a Massive Comeback in 2026

After several years of downturns and attempts at a slow recovery, Suncor Energy (TSX:SU) is finally near its all-time highs and delivering a solid comeback.The post A Canadian Stock Poised for a Massive Comeback in 2026 appeared first on The Motley Fool Canada.

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Why is Tesla stock crashing in early trading on Monday?
invezz10d ago

Why is Tesla stock crashing in early trading on Monday?

Tesla stock (NASDAQ: TSLA) tumbled over 3.5% in the early trading on Monday as the electric carmaker confronts a convergence of structural headwinds. The Elon Musk-led company is going through multiple issues at once, like collapsing European sales momentum that has accelerated through January, a broad commodity-led market rout that pressured tech stocks at the [...]

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