News
Asian stocks on Tuesday were a bit higher ahead of U.S – Sino talks while the pound set to a 28-month low as no deal Brexit concerns were higher. Asian Stocks “Up until now, many market participants had been on the sidelines while the markets factored in the likelihood of the Fed’s rate cut,” said […]
Asian shares fell on Wednesday to a six-week low, rattled by fresh trade was concerns following threats from President Donald Trump to Beijing. “Trump’s comments suggest that U.S.-China trade negotiations are not going well, which is a new negative factor for the markets,” said Osamu Takashima, head of G10 FX strategy at Citigroup (NYSE:C) Global Markets Japan […]
Asian stocks were mostly slipped on Monday as investors awaited the resumption of U.S.-China negotiations in Beijing this week amid low expectations for a major breakthrough. Sterling was pinned near 27-month lows around $1.2375 amid reports the government of Prime Minister Boris Johnson was preparing the ground for a “no-deal” Brexit. Asian stocks MSCI’s broadest […]
Asian shares rose while the euro stayed near two-month lows as soft economic data fuelled hopes the European Central Bank could cut rates at its meeting on Thursday. Asian Shares Japan’s Nikkei, touched nearly three-month highs before trimming gains to be up 0.33%. Australian shares neared a 12-year peak, driven by expectations the ECB and the […]
SEC charged Facebook – The social network must pay the FTC over its handling of user data. SEC charged Facebook after privacy probe – The Securities Exchange Commission announced on Wednesday that it will fine Facebook $100 million as part of a settlement in relation to a probe into the social network’s handling of […]
Asian shares traded higher on Wednesday because of the signs of US-China talks. US negotiators are expected to travel to China to resume talks on trade agreement and will be the first face-to-face talks since President Donald Trump met Xi Jinping. Asian shares Shangai Composite Index rose 1.1% and Hong Kong’s Hang Seng gained 0.9%. In […]