Latest Market News

Sep 02
Asian stocks mixed; new US-China tariffs into effect

Asian stocks were mixed on Monday afternoon as new U.S. and China tariffs went into effect over the weekend. Asian stocks MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.24%, Shenzhen component was up 1.69%. The Shenzhen composite also gained 1.728%. Elsewhere, the Nikkei 225 in Japan shed 0.35%, while the Topix index also fell 0.37%. […]

Aug 29
Asian shares mixed on Thursday; dollar steady

Asian shares were mixed on Thursday as investors continued to watch the yield curve in U.S Treasurys, which inverted further overnight. Asian Shares  The MSCI Asia ex-Japan index rose 0.08%. The Nikkei 225 in Japan close slightly lower at 20,460.93, while the Topix finished its trading day largely flat at 1,490.17. In South Korea, the Kospi […]

Aug 28
Asian shares eked out inadequate gains on Wednesday

Asian shares eked out inadequate gains on Wednesday, as higher Wall Street futures provided some relief for investors after an overnight U.S. selloff, though deeper worries about the global economy are likely to keep a lid on sentiment. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.03%. Japan’s Nikkei rose 0.04% […]

Aug 27
Asian stocks rose; optimism about US-China trade war

Asian stocks rose in step with their global peers while safe-haven bonds retreated on Tuesday, as signs Sino-U.S. trade hostilities might be easing for now helped restore investor confidence after the previous session’s rout. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.3% after dropping 1.3% the previous day. The Shanghai Composite […]

Aug 26
Asian shares sank on Monday as trade war deepens

Asian shares fall on Monday as the latest salvos in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbor of sovereign bonds and gold, while slugging emerging market currencies. Asian Shares On Friday, U.S. President Donald Trump announced an additional duty on some $550 billion of […]

Aug 26
Xendpay Partners with Ripple to Expand Global Money Transfer Services

Xendpay announce that joins RippleNet, that will allow the former to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of banks and other financial partners to facilitate money transfers via other forms of currency especially Ripple’s XRP. “Most of our customers are migrants who are sending money back […]