Latest Market News

Aug 26
Asian Shares Lower as Investors Await Fed Chair’s Speech

Asian shares were mostly lower Wednesday after a lackluster session on Wall Street following talks between the United States and China on the status of a deal meant to work as truce in their trade war. Asian shares Japan’s benchmark Nikkei 225 finished at 23,290.86, down less than 0.1%. Australia’s S&P/ASX 200 lost 0.7% to […]

Aug 26
Australian Payments Firm Sues Ripple for Use of PayID Trademark

Ripple is being sued by New Payments Platform Australia for alleged infringement of its PayID copyright. In a court document filed Friday in the Federal Court of Australia New South Wales Registry, New Payments Platform Australia (NPPA) claims Ripple breached Australia’s Trade Marks Act (1995) and the Australian Consumer Law with the unauthorized use of its brand […]

Aug 25
Asian stocks boosted by fresh U.S.-China trade hopes

Asian stock markets were mostly higher on Tuesday after the U.S and China indicated progress in trade talks, and as hopes of new coronavirus treatments boosted broader sentiment among global investors. Asian Stock Markets MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1% and was trading just below a two-year high. Japan’s Nikkei […]

Aug 24
Asian shares advanced for a second straight session on Monday

Asian shares advanced for a second straight session on Monday, underpinned by coronavirus hopes after the U.S. Food & Drug Administration (FDA) authorised the use of blood plasma from recovered patients as a treatment option. Asian Shares E-Mini futures for the S&P500 gained 0.3%. MSCI’s broadest index of Asia-Pacific shares outside of Japan jumped 0.65%, […]

Aug 18
Asian shares set to follow Wall Street’s tech-driven rally

Asian shares were poised to track Wall Street’s tech fueled rally on Tuesday that saw the Nasdaq benchmark hit a fresh record while oil prices perked up on Chinese demand and hopes Sino-U.S. trade tensions were easing “We saw some strength in tech again with semiconductors driving the boat,” said Thomas Hayes, chairman at Great […]

Aug 12
U.S. equity futures advanced and stocks edged

U.S. equity futures advanced and stocks edged higher in Europe as bank shares rallied and bond yields climbed globally. Gold rebounded after finding support below $1,900 an ounce. Stocks Futures on the S&P 500 Index climbed 0.9% . The Stoxx Europe 600 Index gained 0.3%. The MSCI Asia Pacific Index increased 0.2%. The MSCI Emerging […]