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Market News

Bitcoin hits record high after developers suspend plans to ‘fork’ currency

Gertrude Chavez-Dreyfuss, Jemima Kelly NEW YORK/LONDON (Reuters) - Bitcoin hit a record high just shy of $8,000 on Wednesday after a coalition of developers and investors suspended a software upgrade planned for next Thursday that could have split the digital currency...

Sky-high stock market has investors looking to commodities

Devika Krishna Kumar, Chris Prentice NEW YORK (Reuters) - A growing number of investors are plowing money into commodities, seeking to diversify their holdings on gnawing concerns about a stock market correction as equities scale new highs almost daily. Low interest...

Oil prices stabilize just below two-year highs

Christopher Johnson LONDON (Reuters) - Oil prices steadied just below two-year highs on Thursday, supported by supply cuts by OPEC and other major exporters including Russia. Benchmark Brent crude oil LCOc1 was unchanged at $63.49 a barrel by 0840 GMT. On Tuesday,...