Latest Market News

Mar 26
Oil prices rise on Tuesday

Oil prices rose on Tuesday, pushed up by supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela, although concerns about a potential recession kept markets from rising further. Brent crude oil futures were at $67.48 per barrel, up 27 cents, or 0.4 percent, from their last close. U.S. West Texas Intermediate […]

Mar 25
Asian Markets Fall After Heavy Losses in U.S. Stocks

Asian markets fell in morning trade on Monday, with Japanese stocks slumping more than 3% after U.S. equities closed sharply lower on Friday. Asian Market Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was nearly flat. Japan’s Nikkei 225 slumped 3.1%, South Korea’s KOSPI fell 1.5%. China’s Shanghai Composite and the Shenzhen Component were both down 0.9%. Hong Kong’s Hang Seng Index slid 1.6%. […]

Mar 22
Asian shares hold near 6-1/2-month high

Asian shares held near 6-1/2-month highs on Friday after upbeat U.S. data and optimism in the tech sector helped calm some of the jitters sparked by the Federal Reserve’s cautious outlook on the world’s biggest economy. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was nearly flat. Japan’s Nikkei average added 0.1 percent. China’s Shanghai Composite, […]

Mar 22
AriseBank CEO Pleads Guilty to $4.2 Million ICO scam

AriseBank is a cryptocurrfency bank that found itself amidst  $4.2 million ICO scam. The former CEO of the institution pleaded guilty to to deceiving ivnestors of around $4.2. million. The information comes from the US news agency Dallas News. According to Erin Nearly Fox, the attorney for the Northern District of Texas, Mr. Rice entered a […]

Mar 22
Oil prices declines from 2019 highs

Oil prices fell further from 2019 highs on Friday, but was set for a thrid straight week of gains due to supply cuts led by producer club OPEC and by U.S. sanction on Iran and Venezuela. Brent crude futures were at $67.39 per barrel, 47 cents below their last close. Brent hit a four-month high […]

Mar 21
Asian Shares rose on Thursday after Fed

Asian Shares rose on Thursday after the U.S. Federal Reserve took a more accommodative stance at its policy meeting, but concerns over U.S.-China trade talks and slowing global growth capped broad gains and pulled some markets lower. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.5 percent. Chinese blue-chips, which spent […]