Asia markets to rise in muted session as lots of marketplaces shut for holiday

Aerial check out of the money town of Seoul in South Korea, found at sunset.

Tobiasjo | E+ | Getty Pictures

Shares in Tokyo and Seoul are set to trade bigger on Friday in a muted session as most marketplaces are closed for a holiday in the broader Asia-Pacific area.

The Nikkei futures deal in Chicago was at 27,620 even though its counterpart in Osaka was at 27,556 against the Nikkei 225‘s very last close at 27,472.63. South Korea’s Kospi 200 futures also pointed to a better open.

Australia, Hong Kong, mainland China, Singapore and India are shut.

Supply

World

Bitcoin vs. gold: State Street worries the crypto rally’s allure is distracting precious metal investors

November 23, 2024

The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors’ George Milling-Stanley warns cryptocurrency plays don’t offer the stability of gold. “Bitcoin, pure and simple, it’s a return play, and I think that people have been jumping […]

World

How tech bros bought ‘America’s most pro-crypto Congress ever’

November 23, 2024

Bernie Moreno, Republican U.S. Senate candidate from Ohio, attends a campaign event in Holland, Ohio, on Saturday, October 26, 2024. Moreno is running against Sen. Sherrod Brown, D-Ohio. Tom Williams | Cq-roll Call, Inc. | Getty Images Prior to announcing his Senate candidacy in April 2023, Bernie Moreno was a political no name. A former […]

World

Welcome to the mullet market: Steady benchmarks in the front, crypto party in the back

November 23, 2024

This market is starting to summon the lighthearted take on a mullet haircut: business in the front, party in the back. The headline benchmark stock indexes have been all business, remaining calmly firm in an orderly uptrend, barely laying an errant step for weeks. After a post-election pop that lasted a few days and took […]