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Asian Shares were mostly higher on Thursday as investors digested recent developments on U.S.-China trade. Asian Shares In Japan, the Nikkei 225 gained 0.71% to close at 23,300.09. The Topix index added 0.48% to end its trading day 1,711.41. Mainland Chinese stocks gained on the day, with the Shanghai composite up 0.74% to about 2,899.47. The Shenzhen […]
Asian Stocks mostly slipped on Wednesday after U.S. President Donald Trump said overnight that he may delay a trade deal with China till after the 2020 U.S. presidential election. Asian Stocks In Japan, the Nikkei 225 fell 1.05% to close at 23,135.23 as shares of index heavyweight Fast Retailing plummeted 5.21%. The Topix index also declined 0.2% to end its trading […]
Robinhood, the US-based commission free stock trading platform has withdrawn its application with the Office of the Comptroller of the Currency (OCG) for bank charter, seven months after submitting the application in April. A successful application would have allowed to fintech to move further into the banking space independently. The withdrawal was reportedly voluntary and […]
Blockchain startup LifeLabs announced that it is developing a digital currency dubbed BVI~LIFE in partnership with the British Virgin Islands (BVI). The coin will be a stablecoin pegged 1:1 to the U.S. dollar — which the BVI have used since 1959 — and its use is expected to reduce transactional fees, increase transaction speed and […]
Asian shares fell on Tuesday after U.S. President Donald Trump stunned markets by imposing tariffs on imports from Brazil and Argentina, rekindling fears over global trade tensions, while weak U.S. factory data added to the investor gloom. Asian Shares Pan-region Euro Stoxx 50 futures were up 0.41% in early trades, while German DAX futures added 0.45% and FTSE futures gained 0.26%. […]
Asian shares gained in early trading Monday following an unexpected jump in China’s manufacturing activity in November. Asian Shares Japan’s Nikkei NIK, rose 1.1%. Hong Kong’s Hang Seng gained 0.5%. The Shanghai Composite SHCOMP edged up 0.3% Australia’s S&P/ASX 200 XJO, was up 0.6%. Currencies The euro climbed 0.1% to $1.1017. The Japanese yen was little changed at […]