Latest Market News

May 17
Asian shares struggle for footing after tough week

Asian shares were trying to end a bleak week in the black on Friday as upbeat U.S. economic news and solid company earnings offered a respite from the interminable Sino-U.S. trade saga. Asian shares “Chinese stocks are mounting a rebound as they had been oversold in recent sessions. Sentiment is also better as President Trump […]

May 17
Terra raises funds from LuneX Ventures

The next generation blockchain payment system, Terra, announced that it has earned a strategic investment from LuneX Ventures, the crypto-focused investment arm of Golden Gate Ventures. This investment allows Terra to further its expansion through Southeast Asia and Singapore. Terra’s growth owes to an ever-growing eCommerce alliance across Asia. This alliance holds a collective annual […]

May 16
Asian shares slip as U.S. sanctions on Huawei threaten fresh tensions with China

Asian shares struggled to find their footing on Thursday as confidence was shaken after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions, threatening to further strain Sino-U.S. trade ties. Asian shares “Chinese stocks are mounting a rebound as they had been oversold in recent sessions. Sentiment is also better as President Trump […]

May 15
Asian stocks bounce from three-and-a-half month lows as trade fears soften

Asian stocks bounced from a 3-1/2-month low on Wednesday as a slight softening in rhetoric from U.S. President Donald Trump helped ease worries about the U.S.-China tariff war and on expectations Beijing could release more economic stimulus. Asian Stocks “Chinese stocks are mounting a rebound as they had been oversold in recent sessions. Sentiment is […]

May 15
eToroX Launches Gold and Silver Stablecoins

eToroX, the blockchain division of global investment company eToro, has today announced the addition of two commodity-stablecoins – eToro Gold (GOLDX) and eToro Silver (SLVX), two further fiat-stablecoins – eToro Ruble (RUBX) and eToro Yuan (CNYX) – plus 15 fiat pairs to its crypto exchange. The new instruments added to the eToroX exchange are: 2 […]

May 13
Asian shares, yuan fall as Sino-U.S. trade talks deadlocked

U.S. stock futures and Asian shares fell on Monday on growing anxiety over whether the United States and China will be able to salvage a trade deal, after Washington sharply hiked tariffs and Beijing vowed to retaliate. Asian Shares Investors are bracing for threatened “countermeasures” from China in retaliation for Washington’s tariff increase on Friday […]