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China Car Sales Slump Deepens as Gasoline Demand Craters
China's car sales slump deepens, signaling a sharp drop in gasoline demand that pressures global fuel markets and refinery margins.
China Car Sales Plunge 21.5% as Gasoline Demand Weakens
China's car sales fell 21.5% in April to the lowest since 2022, driven by a 30% drop in gasoline vehicle sales amid higher fuel prices, signaling weaker oil demand.
Bitcoin and Nasdaq Rally as US Consumer Confidence Slumps
Bitcoin surged 11.8% in April and extended gains to $80,700, while the Nasdaq hit a record high, contrasting sharply with a slump in US consumer sentiment.
BoE’s Greene: Supply Shocks Complicate Monetary Policy
BoE policymaker Megan Greene highlights how persistent supply shocks challenge traditional central bank frameworks, with implications for rate path expectations.
New Fed Chair, Base Azul Upgrade, Corporate Earnings: Crypto Week Ahead
The coming week features a new Fed chair, Base's Azul upgrade, and corporate earnings, all of which could influence crypto market sentiment and volatility.
7 Democrats Seen as Key to Advancing CLARITY Act: Galaxy
Galaxy Digital identifies seven Senate Banking Committee Democrats as potential swing votes for the CLARITY Act markup on Thursday, a bill that stalled after Coinbase withdrew support over legal protections and stablecoin yield concerns.
Thai Oil Diversifies Crude Sources to Cut Mideast Reliance
Thai Oil Pcl, Thailand's largest refiner, is sourcing crude from Africa and the Americas to reduce Middle East dependence, potentially reshaping regional crude flows and refining margins.
Market Stability Hinges on AI Sector Performance
Market stability is closely tied to the performance of the AI sector, as investors view AI as a key driver of future growth and earnings.
Veteran investor bets on Ethereum as AI agents drive demand
Macro investor Jordi Visser has bought Ethereum, betting that AI agents will drive demand for tokenized real-world assets and payments.
Gold Falls 1% as US-Iran Deadlock Fuels Oil-Driven Inflation Fears
Gold futures fell 1% as stalled US-Iran peace talks pushed oil prices higher, fueling expectations of higher interest rates to combat inflation, which pressures non-yielding gold.
Australia Plans Capital Gains Tax Overhaul for Crypto Investors
Australia's government plans to replace the 50% capital gains tax discount with an inflation-adjusted model, potentially raising tax burdens for long-term crypto holders.
Modi Urges Indians to Conserve Fuel as Oil Shock Spreads
Indian Prime Minister Narendra Modi urged citizens to work from home, reduce travel, and conserve fuel to save foreign exchange amid rising oil prices.
Whitehat Returns $190K to Renegade Hours After Hack
A whitehat hacker returned $190,000 to Arbitrum-based dark pool protocol Renegade hours after exploiting a smart contract, citing user fund protection.
Asian Currencies Slide as Crude Jumps on Middle East Standoff
Emerging Asian currencies fell, led by the Korean won and Thai baht, as crude oil prices surged amid stalled Middle East peace talks, heightening risk aversion and inflationary pressure.
Middle East & Africa Markets Open Mixed on Monday
Middle Eastern and African stock markets opened mixed on Monday, reflecting cautious global sentiment amid ongoing geopolitical tensions and oil price volatility.
Blackstone to Buy Majority Stake in Greek E-Commerce Firm Skroutz
Blackstone has agreed to acquire a majority stake in Greek e-commerce platform Skroutz from CVC Capital Partners, expanding its private equity presence in Southern Europe.
Gold Faces Sharper Downside Risk if US-Iran Talks Stall
Gold prices face increased downside risk as the possibility of stalled US-Iran talks could reduce safe-haven demand and strengthen the US dollar.
China Private Refiners Seek Approval to Cut Run Rates
China's private refiners have requested government approval to lower crude processing rates, reversing a prior mandate to maximize output for fuel security.
BOE Governor Warns of US Clash Over Stablecoin Rules
Bank of England Governor Andrew Bailey said global regulators may face a clash with the Trump administration over stablecoin standards, highlighting geopolitical tensions in crypto oversight.
Bitcoin Mining Pools With 75% of Hashrate Back Open Block Standard
Seven major Bitcoin mining pools representing 75% of the network's hashrate have joined the Stratum V2 working group, a move that decentralizes block construction by allowing individual miners to choose transactions.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.