Latest Market News

Dec 19
Asian Shares ease from highs reaction to impeachment muted

Asian shares pulled back from a one-and-a-half year peak on Thursday as investors booked profits ahead of holiday trade and awaited further data on the state of the global economy. Investors were also watching proceedings in Washington where the Democrat-led U.S. House of Representatives voted to impeach Republican U.S. President Donald Trump for abuse of […]

Dec 18
Asian shares mostly lower; oil and currencies

Asian shares camped out at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking fresh wounds as revived Brexit fears came back to haunt it. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) was dead flat near its highest since June last year. Japan’s Nikkei […]

Dec 18
Russian police take 2 into custody for illegal cryptocurrency mining

Two citizens from Russia are facing prosecution for their alleged role in infecting state-controlled computers with a program that would mine cryptocurrency. The two suspects, which went unnamed in the report by local news outlet Tass, allegedly infected computers at state organizations with a program that would mine cryptocurrency via a web browser. Russia has seen a […]

Dec 18
Chinese Crypto App Under Investigation for Fraud

A Chinese cryptocurrency fitness app has reportedly been placed under investigation for illegal fundraising practices and financial fraud. According to the report the market regulator in Changsha is investigating a fitness app that promised to reward users with cryptocurrency “candies” in exchange of being actvie. By clocking 4,000 steps a day for 45 days, users […]

Dec 17
Asian Stocks Gained by the Close on Tuesday

Asian stocks gained by the close on Tuesday as Mainland Chinese shares led major Asia markers in making gains. Asian Stocks The Shanghai composite bounced 1.27% to close at 3,022.42, and the Shenzhen composite jumped 1.30% to 1,708.41 while the Shenzhen component was up 1.45% to 10,306.03. Hong Kong’s Hang Seng index was also up 1.06% in its final […]

Dec 16
Asian shares jump on ‘phase one’ Sino-U.S. trade deal

Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there. Asian Shares Positive sentiment helped push the MSCI’s broadest index of Asia-Pacific shares outside Japan to its […]