Latest Market News
Asian shares were mixed on Wednesday despite an overnight decline on Wall Street after President Donald Trump ordered a stop to talks on another round of aid for the economy. Asian shares Markets rose in Hong Kong and Sydney but fell in Tokyo. Hong Kong’s Hang Seng rose 0.4% to 24,087.46 and the Kospi in […]
Asian stocks followed their U.S. peers higher amid optimism over President Donald Trump leaving hospital and that lawmakers will move closer to providing more stimulus. The dollar remained under pressure and Treasuries steadied. European stock markets are seen opening largely unchanged Tuesday, with investors pausing to digest the news of President Donald Trump’s to the […]
Asian shares rose Monday in Asia as investors were encouraged by positive reports about President Donald Trump’s health after he tested positive for the coronavirus. Asian Shares Japan’s benchmark Nikkei 225 gained 1.2% to 23,316.08. South Korea’s Kospi jumped 1.3% to 2,356.80. Australia’s S&P/ASX 200 surged 2.4% to 5,932.40. Hong Kong’s Hang Seng rose 1.5% […]
The Securities and Exchange Commission today announced an award of almost $30 million to two insider whistleblowers whose tips led SEC staff to open an investigation. The first whistleblower, who was the first to alert SEC staff of potential wrongdoing and provided substantial, ongoing assistance, received an award of approximately $22 million. The second whistleblower […]
Wirecard, which primarily processes payments for merchants and helps companies to issue pre-paid cards in Singapore, filed for insolvency in June after a 1.9 billion euro ($2.3 billion) hole was discovered in its books. Singapore police are among a number of global authorities investigating Germany’s biggest post-war corporate fraud. “Wirecard SG has informed MAS that […]
Asian stocks slipped and the dollar was under pressure on Wednesday in the lead up to the first U.S. presidential debate, as financial markets looked to take a measure of both candidates. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan edged down 0.1% in early trade. It is headed for a monthly drop […]