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LONDON : Most cryptocurrencies have a major problem with price volatility, but one sub-category of coins is designed to maintain a constant value: stablecoins.As cryptocurrency prices plummeted this week, with bitcoin losing around a…

WASHINGTON : The Biden administration is considering tapping the U.S. Strategic Petroleum Reserve (SPR) to cool oil prices in conjunction with other big consumers like China and Japan.Such a move may not have a long-term impact on…

BEIJING : China is in the grip of a power crunch as a shortage of coal supplies, toughening emissions standards and strong demand from manufacturers and industry have pushed coal prices to record highs and triggered widespread curbs on…