HONG KONG (Reuters) - Asian shares advanced on Wednesday with tech stocks particularly catching a lift following a strong session on Wall Street. While U.S. Treasury yields held near multi-year highs ahead of closely watched inflation data this week. Investors across asset classes are devoting considerable thought to the pace and timing of interest rate hikes by central banks across the world. Barring any big surprises, the consumer price index should cement expectations the U.S. Federal Reserve will raise interest rates next month, with a strong print offering further support to those tipping a larger  50  basis point rise. MSCI's broadest index of Asia-Pacific shares outside Japan added  1%  to its highest in two weeks, helped by a 3% gain in Hong Kong-listed tech stocks. Japan's Nikkei gained  0.9% . All three main Wall Street indexes closed higher with tech stocks including Apple Inc  (NASDAQ:AAPL)  and Microsoft Corp  (NASDAQ:MSFT) ...

  When processing a $100 refund for an Australian woman, the cryptocurrency trading platform Crypto.com sent her $10.5 million instead. They didn't notice the mistake for seven months.  When processing a $100 refund, the cryptocurrency trading platform Crypto.com inadvertently transferred $10.5m to an Australian woman and failed to spot the issue for seven months. The corporation, which paid Hollywood actor Matt Damon to appear in a Super Bowl commercial with the motto "fortune favors the bold," realized in December 2021, seven months after the blunder was made, that it had transferred the money to Melbourne woman Thevamanogari Manivel. Inadvertently entering Manivel's account number into the payment amount section caused Crypto.com, which operates as Foris GFS in Australia, to pay out $10.5 million instead of $100.   This year, the company filed a lawsuit in the Victorian supreme court and was granted a freeze on Manivel's Commonwealth Bank account in February. ...

  Asia will always have complicated feelings about Alan Greenspan. In the mid-to-late 1990s, the then-Federal Reserve chairman was a bona fide celebrity. His photo was showing up in People magazine, Entertainment Tonight and the style pages of national newspapers. Greenspan’s command of the globe’s biggest economy earned him a glowing Bob Woodward biography titled Maestro. Yet Asia mostly remembers the Greenspan era for precipitating the 1997-1998 Asian financial crisis. It was the Fed’s 1994-1995 tightening cycle—doubling short-term interest rates in just 12 months—that set the stage for Asia’s reckoning. Wise Traders Best Choice - AssetsFX As the dollar surged and capital raced toward the West, officials in Bangkok, Jakarta and Seoul could not maintain currency pegs to the greenback. The resulting waves of currency devaluations also pushed Malaysia toward the brink and nearly dragged Japan into the mix. In late 1997, extreme market turmoil claimed a major prize: the then-100-yea...

  Tickmill  stated in a press release that it has developed this "new asset class" in an effort to attract both novice and experienced traders. The broker notes that the new CFDs may be traded on the Metatrader 5 (MT5) trading platform with minimal spreads and no commission fees.   By trading CFDs on equities, investors may speculate on their price without having to actually purchase the stocks. In addition, they have access to a vast array of conventional trading instruments, such as high leverage and stop orders. The vast range of volatility produced by these instruments creates a favorable environment for CFD investors, many of whom are seeking methods to buy into the bad run of the markets, just as they were able to gamble against their quick collapse.   Retail investors have increased their need for equity exposure, leading brokers to expand their special offer. Tickmill's CFD trading on popular equities, such as: FAANG stocks:  Meta (Facebook), Amazon, Ap...

  The annexation of four captured regions in Ukraine by Russia represents a significant escalation in a situation that requires sanity to return to normalcy. We are gravely concerned about the dramatic turn of the Russia-Ukraine war following Russia's annexation of four conquered Ukrainian regions. According to media sources, President Vladimir Putin signed documents on Friday to legally start the process of merging Russian-controlled Luhansk and parts of Donetsk, Kherson, and Zaporizhzhia into the Russian Federation following a series of contentious referendums. It basically provides Moscow with a land connection to Crimea, which it annexed in  2014 . While the annexation of Crimea was the first in Europe since World War II, the latest action is the largest.   All five regions account for roughly  20%  of Ukrainian territory. We strongly reject the latest annexation and creeping Russification of a sovereign country. Using force to change borders is an obvious ...

  After Meta CEO Mark Zuckerberg posted a picture of himself wearing a headset that hadn't been announced yet, it's almost certain that the much-anticipated premium follow-up to the popular Meta Quest 2 headset will be the best one yet. It also says, "See you on October 11 at Meta Connect."Earlier, when he was on the Joe Rogan Experience podcast, Zuckerberg said that the gadget, also known as Project Cambria, would be shown to the public in October. Even though we now know the exact date, the keynote time is still up in the air. Zuckerberg showed off the headset's most important features, like face and eye tracking, during his visit to JRE last week. With these traits, conversations in the Metaverse will seem more real. Users will be able to "kind of look at each other" in virtual reality, he said, adding that when people are together, nonverbal communication is more important than spoken communication.   He said that technology will be made so that you...

  The Global Brand Awards is an annual event held by Global Brands Magazine (GBM), a British-based international newspaper. The award aspires to reward global brands that have excelled in performance across a wide range of industries while also keeping its readers abreast of key branding industry changes. When reviewing  RoboForex , customer service, customer satisfaction, digital innovation, strategic collaborations, and new company development were all assessed. The CEO of Global Brands Magazine, ShivKumar, commented on RoboForex's achievement by stating, "RoboForex has continuously generated profits for over a decade.   RoboForex's understanding of financial markets in Europe is unrivalled. Additionally, they are highly flexible and adaptable, allowing their customers to trade in other currencies while also updating their security.   We wish the RoboForex team continued success and send our warmest wishes their way." Robert Shephenson, Chief Business Officer...