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Day: January 9, 2019

Jan 09
Asian shares hit three-and-a-half-week high on U.S.-China trade optimism, oil climbs

Asian shares climbed to a 3-1/2-week high on Wednesday, supported by growing optimism that the United States and China can strike a trade deal to avoid an all-out confrontation that would severely disrupt the global economy. The United States and China agreed to extend trade talks in Beijing for an unscheduled third day on Wednesday, amid […]

Jan 09
Oil prices saw gains on hopes of successful US-CHINA trade talks

Oil prices rose on Wednesday, extending gains from the previous session on hopes that US and China can come to an agreement that can resolve a trade dispute that has triggered a global economic slowdown. U.S. West Texas Intermediate (WTI) crude oil futures were at $50.29 per barrel as at 0131, up 51 cents, or 1 percent from […]

Jan 09
World’s 23rd Richest Man Invests in Cryptocurrency Exchange Bakkt’s First Funding Round

Bakkt, a digital asset platform created by the Intercontinental Exchange, has completed its first funding round, securing an investment from Li Ka-shing, a renowned Hong Kong billionaire and one of the wealthiest men on the planet. Li Ka-Shing Leads Investment Round For Bakkt Bakkt, a cryptocurrency platform backed by the Intercontinental Exchange (ICE) had completed […]

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