Strategists at UBS maintain a bearish outlook on the EUR/NOK pair, forecasting a gradual appreciation of the Norwegian krone over the next year despite recent weakness tied to oil prices.
Valle Capital Token has launched a new ecosystem on the BNB Smart Chain to tokenize real-world assets in Brazil's agribusiness sector, aiming to improve transparency and financing for commodity exports.
The Japanese yen rallied on reports that Tokyo may encourage its massive government pension fund to increase domestic investments, a potential new strategy to support the currency. The U.S. dollar held steady, posting a minor weekly gain as traders await key inflation data.
Cryptocurrency exchange Bybit announced its Private Wealth Management Bitcoin funds generated a 4.9% annualized return over the past 60 days as it broadens its yield-generating options for large BTC holders.
Mexico's benchmark S&P/BMV IPC index closed up 0.59% on Friday, lifted by gains in industrial and consumer-focused stocks. The Mexican Peso also strengthened against the U.S. dollar.
Colombian stocks closed higher on Friday, with the benchmark COLCAP index gaining 0.65%. The advance was led by gains in the industrial, services, and agriculture sectors, even as key commodity prices fell.
Fitch Ratings has affirmed Moody's Corporation's 'BBB+' credit rating and revised its outlook to Positive from Stable, pointing to the company's robust free cash flow, leading market position, and growing analytics division.
A Reuters analysis found Meta's new AI detection tool failed to identify over half of its own AI-generated images after they were cropped, highlighting significant challenges in combating manipulated digital content.
A Reuters analysis found that Meta's new AI detection tool failed to identify more than half of its own AI-generated images after they were cropped, highlighting challenges in combating manipulated content.
