Latest Market News

Jul 11
SafeCharge partners with Visa Direct

Payment service company SafeCharge has announced a collaboration with real-time push payments platform Visa Direct that will enable faster payouts for insurance as a service company Setoo. The new partnership allows Setoo to provide customers with an improved insurance experience that removes the need for any claims processes and provides immediate compensation. “Insurance payouts represent […]

Jul 10
Stocks in Asia mostly edged up in Wednesday afternoon

Stocks in Asia mostly edged up in Wednesday afternoon trade as investors await comments from U.S. Federal Reserve Chairman Jerome Powell for possible clues on the central bank’s next move on interest rates. Asian Stocks Mainland Chinese stocks ended the morning session largely unchanged, with the Shanghai composite, Shenzhen component and Shenzhen composite all close to flat. The […]

Jul 09
Asian stocks fall to two-week low

Asian stocks fall to two-week low as hopes fade for big Fed rate cut, tech stocks drag. World stocks fell for a third straight day on Tuesday, as a stinging warning came from German chemicals giant BASF about the effects of the global trade war and traders hedged bets on a hefty U.S. interest rate […]

Jul 08
Asian shares fall as bets off on sharp U.S. rate cuts

Asian shares fell on Monday after strong U.S. jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) lost more than 1%, with every market in the red. Japan’s Nikkei (N225) […]

Jul 05
Asian shares near two-month highs before U.S. payrolls test

Asian shares hovered near two-month highs on Friday as investors braced for U.S. employment data, a key release that could stoke or temper market expectations about aggressive policy easing by the Federal Reserve. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was set for its fifth straight weekly rise, which took it to […]

Jul 04
Asian Stocks Mixed After U.S. Gains

Asian stocks were mixed in trading thinned by Thursday’s U.S. holiday, following gains on Wall Street that took American shares to a record high. The dollar was little changed, amid further comments on Chinese and European currency manipulation by President Donald Trump. Shares in Japan and Australia rose, and fluctuated in Hong Kong, South Korea […]