Day: July 16, 2019

Jul 16
Asian shares inch up as cautious investors await U.S. data, earnings

Asian shares inch up as cautious investors await U.S. data, earnings. Equity indicators nudged higher on Monday as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world’s biggest economy, with markets remaining focused on a likely U.S. rate cut this month. Asian Shares MSCI’s broadest index of Asia-Pacific […]

Jul 16
Facebook to Congress: Libra will be regulated by Swiss

Facebook will not launch the cryptoccurency Libra until it has fully addressed regulatory concerns. The remarks are prepared testimony he plans to give tomorrow, in front of the US Senate Banking Committee. Because the Libra Association is headquartered in Switzerland, Marcus says he expects the currency to be regulated by Switzerland’s financial regulator. The association is currently in “preliminary […]