Kelvin Chan, The Associated Press Auhtor Headshot Image

Kelvin Chan, The Associated Press

Kelvin Chan is a reporter with The Associated Press,  an American not-for-profit news agency headquartered in New York City and founded in 1846.

Trump win ignites crypto frenzy, sends bitcoin to record high Trump win ignites crypto frenzy, sends bitcoin to record high

Economic Indicators

Trump win ignites crypto frenzy, sends bitcoin to record high

Bitcoin climbed above $75,000 and smashing its previous record set in March

By Kelvin Chan, The Associated Press |November 6, 2024

2 min read

Europe’s inflation eases to 6.9% as energy falls but food up Fallback Image Decorative pattern

Economic Indicators

Europe’s inflation eases to 6.9% as energy falls but food up

Despite the drop in Spain and the Netherlands, core eurozone inflation remains sticky

By Kelvin Chan, The Associated Press |March 31, 2023

2 min read

Credit Suisse–UBS deal offers hope, but bank doubts persist Fallback Image Decorative pattern

Industry

Credit Suisse–UBS deal offers hope, but bank doubts persist

Some customers were caught off guard by the turmoil, at odds with Switzerland's reputation as as stable banking haven

By Kelvin Chan, The Associated Press |March 20, 2023

4 min read

Europe’s inflation slows again but cost of living still high Fallback Image Decorative pattern

Economic Indicators

Europe’s inflation slows again but cost of living still high

December rate of 9.2% down from 10.6% in October but energy prices up 25.7%

By Kelvin Chan, The Associated Press |January 6, 2023

3 min read

Bank of England raises rates but avoids bolder hike like Fed Fallback Image Decorative pattern

Economic Indicators

Bank of England raises rates but avoids bolder hike like Fed

The bank matched last month's half-point increase to bring its benchmark rate to 2.25%

By Kelvin Chan, The Associated Press |September 22, 2022

4 min read

Inflation hits 9.1% in countries using euro currency Inflation hits 9.1% in countries using euro currency

Economic Indicators

Inflation hits 9.1% in countries using euro currency

Energy prices rose 38.3% in August in euro zone

By Kelvin Chan, The Associated Press |August 31, 2022

2 min read

Crypto rules to make Europe a global leader as prices plunge Fallback Image Decorative pattern

Industry

Crypto rules to make Europe a global leader as prices plunge

Companies issuing or trading cryptoassets face tough transparency requirements

By Kelvin Chan, The Associated Press |June 30, 2022

3 min read

OECD slashes global economic outlook on Russia-Ukraine war OECD slashes global economic outlook on Russia-Ukraine war

Economic Indicators

OECD slashes global economic outlook on Russia-Ukraine war

The organization expects the global economy to expand 3% in 2022, down from the 4.5% it predicted in December

By Kelvin Chan, The Associated Press |June 8, 2022

2 min read

U.K. to regulate some cryptocurrencies Fallback Image Decorative pattern

Products

U.K. to regulate some cryptocurrencies

There are also plans to explore using crypto technology to issue U.K. government debt

By Kelvin Chan, The Associated Press |April 5, 2022

2 min read

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