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Day: May 27, 2019

May 27
Asian stocks hovered near four-month lows on Monday

Asian stocks hovered near four-month lows on Monday amid concerns about U.S.-China tensions while the euro was confined to a narrow range after the weekend’s European Parliament elections. Asian Stocks Wall Street’s major indexes edged higher on Friday in a rebound from the previous session’s losses after comments from U.S. President Donald Trump on trade […]

May 27
Facebook to launch its own crypto-currency in 2020

Facebook is planning to set up a digital payments system by the first quarter of 2020, which will be available in many countries according to BBC. The social media giant wants to start testing its crypto-currency, which has been referred to internally as GlobalCoin, by the end of this year. Facebook is expected to outline […]

May 27
Gold prices rose on Monday in Asia; U.S.-China trade spat

Gold prices touched a more than one-week high on Monday as fears of a protracted U.S.-China trade war, while poor economic data from the United States bolstered bets of a U.S. Federal Reserve rate cut. Gold Prices Spot gold edged 0.1% higher to $1,286.21 per ounce as of 0714 GMT. Earlier in the session, the […]

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