Latest Market News
Oil prices fell more than 1% on Wednesday, weighed down by a weaker oil demand outlook and a rise in U.S. crude inventories despite growing expectations of ongoing OPEC-led supply cuts. Brent crude futures, the international benchmark for oil prices, were down 87 cents, or 1.4%, at $61.42 a barrel by 0231 GMT. U.S. West Texas Intermediate (WTI) crude futures […]
Asian stocks, led by Chinese shares, gained on Tuesday as markets basked in relief following the U.S. decision to hold off from imposing import tariffs on Mexico as the two governments agreed a deal to combat illegal migration from Central America. Hopes that U.S. interest rates will be cut as early as next week also […]
Coinbase, the US largest cryptocurrency exchange, is adding the stablecoin DAI to its Earn Program. After Coinbase announced the upcoming EOS support in the beginning of the month, now DAI will become the second “innovative” addition that the exchange is providing to its program. The program Earn allows all users to actually receive digital coins […]
Asian stocks and U.S. equity futures climbed on Monday after President Donald Trump suspended his plans for U.S. tariffs on Mexico. Treasuries fell as demand for havens sank. Asian Stocks The MSCI Asia Pacific Index rose 0.9% as of 2:00 p.m. in Tokyo. Japan’s Topix Index rose 1.6%. Shanghai Composite gained 1%. Hang Seng gained 2.1%. Kospi […]
Asian shares were slightly higher on Friday on expectations global central banks will soon embark on an easing cycle in the face of international trade frictions and fears of a world recession. Those concerns blunted some of the optimism, with liquidity light during Asian trading as China and Hong Kong markets were shut for a […]
Another day, another cryptocurrency heist. Hackers have breached over 100 Ripple $XRP▲4.21% (XRP) Ledger wallets managed by service provider GateHub. If that wasn’t bad enough, additional reports suggest the attackers have siphoned off more than $10 million worth of XRP. The company admitted to the security breach in a preliminary statement posted on its website. “Recently, we have […]