FIVE Financial News
11.05 / 23:48
FIVE
veteran
Veteran dealmaker warns of industry ‘shakeout’ after M&A frenzy
The asset management sector is expected to encounter a significant shakeout following a spate of “ill-considered” M&A transactions over the past five years, one of the industry's veteran dealmakers has warned.
11.05 / 14:27
Ethereum
ETH
FIVE
recovery
Support
Will ETH secure enough support from NFT market to strengthen its recovery
ETH on 10 May showed signs of potential bullish recovery after a heavily bearish performance, especially in the last five days. Undeniably, the market is still not off the hook with the constant highs of the FUD.
11.05 / 11:25
Citi
FIVE
Compilation
Tesla
Shanghai's big automakers saw production plunge by 75% in April after lockdowns began
BEIJING — Auto production plunged in April as Covid lockdowns halted nearly all non-essential business in the metropolis of Shanghai, according to a report from the China Passenger Car Association.
11.05 / 10:03
UPS
FIVE
China Consumer Inflation Accelerates Modestly
HONG KONG—China’s consumer inflation edged up in April and factory-gate price pressures remained elevated as Covid-19 lockdowns jammed up logistics networks and the Ukraine war pushed up global energy prices.
11.05 / 04:55
FIVE
veteran
Veteran dealmaker warns of industry ‘shakeout’ after M&A frenzy
The asset management sector is expected to encounter a significant shakeout following a spate of “ill-considered” M&A transactions over the past five years, one of the industry's veteran dealmakers has warned.
10.05 / 18:29
Provident
FIVE
Santiment
NEAR, ‘far wherever you are,’ whales, pigs, wolves get ready to take…
In the last week, while other networks or Protocols complained of either terrible price or on-chain performance and security breaches, the NEAR protocol appeared to have made significant strides according to its weekly newsletter.
10.05 / 14:05
UPS
FIVE
stars
Magic Circle’s record partner numbers show push to keep stars: ‘Good people could get poached away’
London’s Magic Circle law firms have promoted record numbers of partners in 2022, amid surging demand for legal services and fierce competition for talent.
10.05 / 14:05
FIVE
veteran
Veteran dealmaker warns of industry ‘shakeout’ after M&A frenzy
The asset management sector is expected to encounter a significant shakeout following a spate of “ill-considered” M&A transactions over the past five years, one of the industry's veteran deal-makers has warned.
10.05 / 08:39
UPS
Citi
FIVE
More U.S. companies in China cut forecasts, scale back investments as Covid persists
BEIJING — More U.S. businesses in China are cutting revenue expectations and plans for future investment as Covid controls drag on, a new survey found.
09.05 / 16:17
UPS
FIVE
Action
Santiment
Maker [MKR]: With investors losing over $31.4B in a day, here’s what to expect next
MakerDAO over the last month has noticed a significant reduction in the total value locked on the protocol, reducing from $17 billion to $12 billion as of today.
09.05 / 14:35
Blockchain
Ethereum
FIVE
play
Is the NFT hype fizzling out or is there something else at play here
Recently published report suggests a major downtrend in NFT sales. This led to calls of a worrying NFT market sentiment which are gradually being quashed after big performances recently.
09.05 / 10:37
UPS
FIVE
stars
Magic Circle’s record partner numbers shows push to keep stars: ‘Good people could get poached away’
London’s Magic Circle law firms have promoted record numbers of partners in 2022, amid surging demand for legal services and fierce competition for talent.
09.05 / 08:41
UPS
FIVE
Platform
Boeing
UK economy
UK economy ‘one of the most vulnerable’ in the world right now due to mortgage trends, strategist says
There's an economic idiosyncrasy in the U.K. that makes it «one of the most vulnerable countries in the world right now,» according to an investment strategist.
07.05 / 11:51
UPS
BTC
FIVE
Bitcoin
fall
Bitcoin: Here’s how BTC HODLers are adjusting as prices fall to $35k range
At press time, Bitcoin (BTC) was trading in the red zone at $35,805, over 10% lower in the last 24-48 hours as per data from CoinGecko. The token has been experiencing a hard time since this is the fifth week that BTC has been trading in the negative.
06.05 / 03:29
UPS
Lowe's
FIVE
Here’s why Tron [TRX] rallied before encountering resistance in its triangle pattern
Tron’s native cryptocurrency TRX is off to a strong bullish start this month having already delivered an impressive 45% rally in the first five days. It is currently one of the best performers in the list of top cryptocurrencies by market cap.
05.05 / 13:51
UPS
FIVE
Platform
Time
Blur Releases Blur Beta, Real-time Trading Platform for NFTs
Blur announced that it is releasing Blur Beta, a real-time trading platform for non-fungible tokens (NFTs).
05.05 / 10:53
FIVE
Strategy
Brazil’s Central Bank Raises Key Rate to 12.75%, Sees Smaller Rate Increase at Next Meeting
SÃO PAULO—The Central Bank of Brazil raised its benchmark Selic lending rate to the highest level in five years and said it would continue with its strategy as long as needed until the country’s rapid inflation starts to slow.
03.05 / 17:03
FIVE
Barclays’ flash-crash and the top five ‘fat-finger’ trades
Barclays’ shares crashed 10% at the opening of the London Stock Exchange on 14 April after a suspected so-called fat-finger trade.
03.05 / 16:01
FIVE
Extreme
Strategy
Financial
Paul Tudor Jones says he can't think of a worse financial environment for stocks or bonds right now
Billionaire hedge fund manager Paul Tudor Jones said the environment for investors is worse than ever as the Federal Reserve is raising interest rates when financial conditions have already become increasingly tight.
02.05 / 20:01
02.05 / 18:47
FIVE
CEO
Forbes
Is crypto now a ‘bad word’ and DeFi ‘even worse’
On the latest episode of his podcast, Anthony Pompliano engaged with Russell Star, Chairman and CEO of DeFi Technologies. During the same, they spoke about the current global economic landscape and how the Feds are hindering crypto and Web3.0 growth.
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