News

Sep 10
Asian shares fell on Wednesday and oil prices hit lows

Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout in technology shares sank Wall Street for a third consecutive day and a major drugmaker paused testing of a coronavirus vaccine. Global stock markets have recovered most of this year’s losses, but that was based largely on strong […]

Sep 09
Asian Shares declined; Wall Street tumbled overnight stateside

Asian Shares declined Wednesday morning after shares on Wall Street tumbled overnight stateside. Asian Shares The Shanghai composite slipping 1.48%. The Shenzhen component declined 2.638%. Hong Kong’s Hang Seng index shed 1.16%. In Japan, the Nikkei 225 declined 1.57% while the Topix index fell 1.6%. South Korea’s Kospi also slipped 0.91%. Over in Australia, the S&P/ASX 200 dropped 2.54%. Overall, the MSCI Asia ex-Japan […]

Sep 09
CFTC Awards Whistleblower for Exposing Ongoing Fraud

The Commodity Futures Trading Commission today announced it has issued a whistleblower award to an individual whose information led the Commission to open an investigation into ongoing fraudulent activity and successfully bring an enforcement action. The whistleblower also provided extensive assistance, including documents that were essential to establishing wrongdoing. This additional support enabled the CFTC […]

Sep 08
Asian shares were mostly higher Tuesday, after European stocks

Asian shares were mostly higher Tuesday, after European stocks rallied and U.S. markets were closed for the Labor Day national holiday. Investors are focusing on uncertainties over the coronavirus pandemic and hopes for a vaccine. Attention is now on how Wall Street might pick up after the holiday break, given the decline that came last […]

Sep 08
eToro Faces Lawsuit for Copyright Infringement

eToro is a brokerage firm offering social trading and multi-asset trading services including cryptocurrencies, stocks, ETFs, currencies, indices, and commodities. It has offices in Cyprus, Israel, United Kingdom, United States, and Australia. The company operates in 140 countries and has over 11 million users. Handsome Music has filed a copyright infringement complaint against eToro USA, accusing […]

Sep 07
Asian shares were on the defensive on Monday

Asian shares were on the defensive on Monday as investors grappled with sky-high valuations against the backdrop of a global economy in the grip of a deep coronavirus-induced recession while oil prices dropped. Asian Shares Chinese stocks started lower while shares of Hong Kong-listed Semiconductor Manufacturing International Corp (SMIC) plunged to the lowest since June 16 […]