Bitcoin surged 3.5% to nearly $64,000, closing the week with a 4.2% gain, driven by a weaker U.S. dollar and strong demand for AI-related semiconductors. Major altcoins like Ether, XRP, and Dogecoin also rose, while Solana lagged slightly. The Nasdaq led U.S. stock gains, helped by memory chip makers Micron and Sandisk, reflecting broader tech sector strength. Market watchers note the crypto rebound was influenced by leveraged trading and dollar depreciation rather than specific crypto events, suggesting continued correlation with semiconductor cycles if current trends persist.
Japan Post Insurance and global reinsurer SCOR have signed a Memorandum of Understanding (MoU) to cede underwriting risks from Japan Post Insurance's Postal Life Insurance policies. They plan to establish and invest in a reinsurance vehicle managed b...
Japan Post Insurance and SCOR have signed a memorandum of understanding to transfer underwriting risks of Postal Life Insurance contracts to a reinsurance vehicle managed by SCOR. Japan Post Insurance will invest in this vehicle to ensure its financi...
FMR LLC has reduced its indirect ownership in Nokia Oyj to below the 5% threshold as of July 8, 2026, now holding 4.87% of Nokia's shares and 4.59% of voting rights. Previously, FMR LLC held 5.20% of shares and 4.92% of votes. This change is signific...
FMR LLC has reduced its indirect holdings in Nokia Corporation to below 5%, specifically to 4.87% of the total shares as of July 8, 2026. This change was officially notified under Finnish Securities Market Act regulations. The total number of Nokia s...
At Intersolar Europe 2026 in Munich, Ganfeng LiEnergy presented its high-efficiency, cost-effective energy storage products designed for global energy transition needs. The company highlighted its large-capacity battery containers, ultra-long cycle c...
