Latest Market News

May 31
Asian stocks sunk as Trump fires new trade salvo

Asian stocks extended a month-long slide and sovereign bonds surged on Friday after U.S. President Donald Trump ramped up trade tensions globally by suddenly slapping tariffs on all goods from Mexico, sending the peso tumbling. Asian Stocks Japan’s Nikkei fell 1.2% in early trade, to be down 7% for the month so far. MSCI’s broadest […]

May 31
Rakuten Wallet is launching a cryptocurrency Exchange

Rakuten Wallet is launching a cryptocurrency exchange in Japan, and for this, it has partnered with the security company CipherTrace for all Anti-Money laundering procedures or AML compliance. The information comes from RTT News. The partnership is expected to drive trust and security in the market. Rakuten started accepting account registrations last month from those who […]

May 30
Oil prices rose after fall in U.S. crude inventories

Oil prices rose on Thursday after an industry report showed a decline in U.S. crude inventories that exceeded analyst expectations. U.S. West Texas Intermediate (WTI) crude futures added 26 cents, or 0.4%, at $59.07 a barrel by 0258 GMT. They closed down 0.6% on Wednesday after hitting their lowest since March 12 at $56.88. Brent crude futures, […]

May 30
Asian Stocks tracked Wall Street losses on Thursday

Asian stocks tracked Wall Street losses on Thursday as latest exchanges between Beijing and Washington signaled the heightened risk of a prolonged trade war, stoking investors’ concerns about the impact on global economic growth. Asian Stocks Japan’s Nikkei was down 0.85% and Australian stocks shed 0.7%. The Shanghai Composite Index fell 0.8% and Hong Kong’s Hang Seng lost 0.35%. Japan’s Nikkei was […]

May 29
Asian shares sank on Wednesday and bonds rallied

Asian shares sank on Wednesday and bonds rallied as investor sentiment soured over growing worries about world growth with trade tensions between Washington and Beijing showing no signs of easing. In Asia, focus remains on the ongoing Sino-U.S. trade war. U.S. President Donald Trump said on Monday that Washington was not ready to make a […]

May 29
Yahoo! Japan confirms the launch of Taotao

Taotao which is owned by Yahoo! Japan confirmed in a Twitter post that it will be launching on May 30. Upon translating, their tweet read: “[Announcement of business start Date] We’ve kept you waiting. ☺️ The virtual currency exchange “TAOTAO” service will start at noon (scheduled) on May 30, 2019 (JST)! Please wait until business […]