Latest Market News
Share markets were in a muted mood on Thursday as fears the U.S. trade tussle with Mexico would further depress global growth warred with wagers central banks would have to respond with fresh stimulus. Share Markets MSCI’s broadest index of Asia-Pacific shares outside Japan was off 0.2% in very thin trade. Japan’s Nikkei ended all but […]
Asian shares tracked Wall Street’s rally on Wednesday, after U.S. central bank comments pointed to increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.5%. Japan’s Nikkei average climbed 1.9%. Chinese shares also rebounded, with the benchmark Shanghai Composite up […]
Asian shares fell on Tuesday, following a volatile Wall Street session as weak economic indicators and an intensifying Sino-U.S. trade war inflamed concerns about global growth, supporting safe-haven assets such as bonds. Asian shares The broad index was pulled lower by Chinese shares. China’s blue-chip CSI300 index (CSI300) was 1.17% lower, and the Hang Seng […]
MultiBank Group has acquired the client and operational assets of AETOS in China. This acquisition by MultiBank Group comes after substantial expansion of the Group following the establishment of MEX Asset Management in Frankfurt, MEX Wealth Management in the Cayman Islands, MEX Fintech in Hong Kong, MEX Spain in Barcelona, MEX MENA in the UAE […]
Asian share markets, U.S. stock futures and oil prices slipped to multi-month lows on Monday on worries intensifying Sino-U.S. tensions and Washington’s new tariff threats against Mexico could tip the global economy into a recession. Asian Share Markets E-mini futures for S&P500 dropped 0.5% in early Asian trade to 2,738, near their March low of […]
Oil prices slide around 1% on Monday, extending losses of over 3% from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown. Brent crude futures were at $61.28 at 0659 GMT. That was 71 cents, or 1.1%, […]