Latest Market News
Gold prices traded higher on Wednesday in Asia and hit an eight-month high ahead of a highly-anticipated meeting between Chinese and U.S. officials later in the day. Gold futures contract was up $4.40, or 0.3%, at $1,313.30 on the New York Mercantile Exchange’s; Comex division by 1:30 AM ET (06:30 GMT), the highest level since May 14. […]
UAE Central bank and the Saudi Arabian Monetary Authority (SAMA), have announced a digital currency called Aber. The news was reported by the National Saudi Press Agency on Jan 29. The use of Aber, digital currency, will be limited to financial settlements using distributed ledger technologies (DLT) “on a probational basis and for exclusive use by […]
Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced a partnership with the trusted source for verified bank payments in online sports betting and iGaming Mazooma. SafeCharge said it will support both Mazooma’s US customers and its international customers wanting to roll out in the region. It will work with Mazooma’s eCheck Select payment […]
Asian shares stumbled on Tuesday and the dollar hovered near two-week lows as prospects for a long-awaited Sino-U.S. trade deal were dealt another blow after the United States leveled sweeping criminal charges against China’s telecom giant Huawei. Stocks S&P 500, Dow and Nasdaq were each off 0.2 percent. Shanghai’s SSE (LON:SSE) Composite was up 0.1 percent. Blue-chip […]
The yen strengthened versus its peers on Tuesday, as investors took refuge in safe-haven assets after the U.S. Justice Department charged China’s Huawei Technologies Co Ltd with fraud, ratcheting up U.S.-Sino trade tensions. The United States has filed criminal charges against Huawei, escalating its fight against the Chinese tech giant and potentially complicating efforts by […]
Asian shares ticked up on Monday though they retreated from earlier highs as relief on news of a deal to reopen the U.S. government following a prolonged shutdown gave way to edginess before a key round of Sino-U.S. trade talks. Stocks E-Mini futures for the S&P 500 were last down 0.4 percent. MSCI’s broadest index of Asia-Pacific […]