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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 […]
The euro was down on Monday as investors bought the dollar and prepared for volatile markets ahead of U.S.-China trade talks and a Federal Reserve policy decision. Dollar is higher as investors brace for volatile markets The dollar index, a gauge of its value versus six major peers was marginally higher at 95.896, after being down […]
Gold prices rose on Monday in Asia ahead of a U.S. Federal Reserve meeting later this week. The gold price now is trading above the $1,300. Gold prices rose on Monday in Asia Gold Futures were up 0.4% at $1,302.75 by 12:12 AM ET (05:12 GMT) on the Comex division of the New York Mercantile Exchange. Meanwhile, the […]
Asian stocks rallied to a seven-week high on Friday, buoyed by gains in U.S. technology firms as pockets of strength in corporate earnings eased some of the anxiety over a slowing global economy. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan gained more than 1 percent. Germany’s DAX gaining 0.6 percent . France’s CAC advancing 0.45 percent. The Shanghai […]
Coinbase, one of the most popular and trusted crypto platforms in the world, has announced that it will expand its newly developed custodial services into the Asia market. The move is seen as two-fold. First, to attract major institutional players in the region and to provide custodial services for crypto exchanges in need of another layer of protection […]