Chipmaking hub Taiwan will be hit by higher electricity rates starting April 1, a move that’s set to impact large industrial users the most and will likely spur inflation.
US Federal Reserve signaled it still expects to make three cuts this year sending US markets into a frenzy as traders cheered central bank's affirmation.
The news sent US markets higher, as traders cheered the central bank's affirmation that three cuts are likely despite a recent uptick in monthly inflation.
Bitcoin extended a retreat from its latest record high amid an intensifying debate about whether the bull run in cryptocurrencies is evidence of speculative froth in global markets.