Dollar soars, bitcoin hits record, as Trump claims victory ...Middle East

HONG KONG: The dollar surged and bitcoin hit a record high Wednesday before Donald Trump claimed victory in the US election, with traders ramping up bets on fresh tax cuts, tariffs, and rising inflation.While polls had shown the race on a knife edge, the Republican fared far better than his Democratic opponent Vice President Kamala Harris as results rolled in.Both candidates picked up expected wins in safe states, but indications that the business tycoon was on course for a second term boosted the so-called Trump Trade.While victory is not yet official, Trump claimed it in a speech in Florida, saying: “We are going to help our country heal... We have a country that needs help and it needs he

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