Fidelitys latest report predicted that nation-states, central banks, sovereign wealth funds, and government treasuries may strategically position themselves in the cryptocurrency market by 2025. The prediction follows the approval and launch of spot Bitcoin exchange-traded products (ETPs) in 2024, which triggered significant demand from institutional and retail investors. This new accessibility has streamlined Bitcoin allocations, drawing pensions and endowments into...

TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co ( TSM ), the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand. The world's largest contract chipmaker, whose customers include Apple ( AAPL ) and Nvidia ( NVDA ), has benefited from the megatrend...

WASHINGTON, Jan 12 (Reuters) - U.S. President Joe Biden on Sunday met virtually with his counterparts from Japan and the Philippines to advance cooperation among the three countries, the White House said. The three leaders discussed trilateral maritime security and economic cooperation, and China's dangerous and unlawful behavior in the South China Sea, it said in a statement. The three...

* Asian stock markets: https://tmsnrt.rs/2zpUAr4 * S&P 500 futures edge down before US CPI, earnings * China exports jump almost 11%, surplus with US widens * Dollar holds firm, sterling hits fresh low * Treasury yields near 14-mth top, Fed easing scaled back * Oil jumps to 4-mth high as Russia supply crimped (Adds BofA quote in paragraph 6-7, updates...