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Bloomberg Daybreak Asia: Treasuries Hold Gains, Bitcoin Hits New All-Time High

Bloomberg Daybreak Asia: Treasuries Hold Gains, Bitcoin Hits New All-Time High

Bloomberg23-05-2025
Asian shares posted a modest gain early Friday, after a rebound in Treasuries and the dollar eased some concerns about US fiscal policy. A regional stock gauge advanced 0.4% on gains in Japan, Australia and South Korea. US equity-index futures fluctuated in early Asian trading after the S&P 500 ended fractionally lower for its third daily decline. Treasuries steadied after rallying across the curve Thursday on moderating US fiscal concerns. We get market perspective from Eric Sterner, Chief Investment Officer at Apollon Wealth Management. Plus - Bitcoin surpassed $111,000 for the first time, with traders increasingly bullish on the prospects of the original cryptocurrency amid mounting institutional demand and support from Donald Trump's administration. Bitcoin climbed as much as 3.4% on Thursday to hit a record of $111,980, before paring some of the increase. Smaller tokens also rose in a broad rally, with second-ranked Ether at one point up about 7.3%. We get reaction from Peter Chung, Head of Research at quant crypto firm, Presto Research.
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H1 2025 APAC syndicated loans market overview
H1 2025 APAC syndicated loans market overview

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time16 minutes ago

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H1 2025 APAC syndicated loans market overview

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From Crypto Beginner To Debt-Free: Investor's 'Boring' Strategy Beats FOMO Crowd
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time44 minutes ago

  • Yahoo

From Crypto Beginner To Debt-Free: Investor's 'Boring' Strategy Beats FOMO Crowd

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Surprise! Four-Day Work Weeks Make Employees Happier, Productive
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timean hour ago

  • Yahoo

Surprise! Four-Day Work Weeks Make Employees Happier, Productive

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