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Asian stocks today: Markets rallied as Iran-US ceasefire talks eased tensions; Kospi jumps 1.9%, Nikkei rises 1.5%

Asian shares rallied in early trade on Friday after investors reacted positively to easing geopolitical fears and a modest recovery in global risk sentiment following developments in Middle East peace efforts.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5%. Japan’s Nikkei 225 added 1.5%, while South Korea’s Kospi climbed 1.9%, leading regional advances. S&P…

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Senate passes short-term FISA extension, following House in maintaining surveillance law through April 30

Washington — The Senate on Friday passed a short-term extension of Section 702 of the Foreign Intelligence Surveillance Act, known as FISA, by unanimous consent, hours after the House passed the short-term extension of the law after 2 a.m. Friday.  The extension through April 30 pushes back the expiration date of the controversial warrantless surveillance…

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Algorand Foundation cuts 25% of workforce amid crypto market downturn: Algorand Foundation

The Algorand Foundation has laid off a quarter of its staff, citing macroeconomic uncertainty and depressed crypto prices as conditions worsen across the industry. The Algorand Foundation has cut 25% of its workforce due to macroeconomic uncertainty and lower cryptocurrency prices. The layoff at the organization behind the layer-1 Algorand blockchain reflects broader challenges facing…

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Iran war not to end soon? Treasury’s Bessent says US has ‘plenty of money to fund this war’

US treasury secretary Scott Bessent on Sunday said the United States has “plenty of money to fund” its war against Iran, asserting that President Donald Trump is keeping “all options on the table” amid the ongoing Middle East conflict.Speaking to NBC News, Bessent defended the administration’s actions, saying Trump acted within his legal authority. “President…

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