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Game Stop shares jump 11% as Reddit trading mania calms

Shares of videogame retailer Game Stop jumped 11% in early deals on Monday even as recent social media-hyped trading hysteria in other stocks appeared to be fizzling out

Reddit trading frenzy fades

GameStop’s US-listed shares, which scaled as high as $483 last week, fuelled by posts on the popular Reddit forum WallStreetBets

Robinhood raises $1 billion of fresh funding from existing investors

Online broker Robinhood has raised more than $1 billion of fresh capital from existing investors, having been strained by high volumes of trading this week and raising the ire of customers

#GameStop: How Wall Street gains from ‘populist’ trading movement

Steep gains in shares of GameStop and other stocks this week have been described as populist market revolts

Lahore police bust gang ‘involved in trafficking underage girls’; recover minor

The 'criminals' used to abduct underage girls and later move to Sindh for raising them to be exploited for prostitution.

Tokyo stocks close lower in muted trading

Tokyo stocks closed lower on Wednesday in thin trade with foreign investors absent for the Christmas holidays and few fresh market-moving events.

Govt’s economic package boosts traders’ confidence in PSX 

The 100 index was closed at the level of 40,289 points.

Banking group Nordea bans its 31,000 employees from investing in Bitcoin

STOCKHOLM: Nordea has forbidden all its roughly 31,000 employees from trading in cryptocurrencies such as bitcoin due to high risks, it said on Monday. The...

Bitcoin trading starts on exchange giant CME

NEW YORK: Bitcoin futures received a lukewarm reception at its launch on the CME Group Inc on Sunday, although market experts believe a recent rally...

Bitcoin futures launch sparks excitement, warnings

NEW YORK: Bitcoin will make its debut on a major exchange Sunday, a landmark for the cryptocurrency that has generated enthusiasm among some investors...

Bitcoin blasts to new all-time high of $6,450

LONDON: Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial mainstream after the...

Bitcoin trades above $5,000 for first time ever

LONDON: Bitcoin smashed through the $5,000 barrier for the first time ever on Thursday, jumping as much as 7 percent to chalk up its...

US accuses Chinese citizens of hacking law firms, insider trading

NEW YORK: Three Chinese citizens have been criminally charged in the United States with trading on confidential corporate information obtained by hacking into networks...

Ferrari, McLaren take a hit from Marussia collapse

LONDON: Ferrari and McLaren stand to lose millions as a result of the collapse of the Marussia Formula One team, the Sunday Telegraph newspaper reported.

Big questions for markets for 2015

Wall Street was generally calmer in 2014 than in previous years, but that doesn't mean the stock market was devoid of drama.

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