News

May 30
Asian Stocks tracked Wall Street losses on Thursday

Asian stocks tracked Wall Street losses on Thursday as latest exchanges between Beijing and Washington signaled the heightened risk of a prolonged trade war, stoking investors’ concerns about the impact on global economic growth. Asian Stocks Japan’s Nikkei was down 0.85% and Australian stocks shed 0.7%. The Shanghai Composite Index fell 0.8% and Hong Kong’s Hang Seng lost 0.35%. Japan’s Nikkei was […]

May 29
Asian shares sank on Wednesday and bonds rallied

Asian shares sank on Wednesday and bonds rallied as investor sentiment soured over growing worries about world growth with trade tensions between Washington and Beijing showing no signs of easing. In Asia, focus remains on the ongoing Sino-U.S. trade war. U.S. President Donald Trump said on Monday that Washington was not ready to make a […]

May 29
Yahoo! Japan confirms the launch of Taotao

Taotao which is owned by Yahoo! Japan confirmed in a Twitter post that it will be launching on May 30. Upon translating, their tweet read: “[Announcement of business start Date] We’ve kept you waiting. ☺️ The virtual currency exchange “TAOTAO” service will start at noon (scheduled) on May 30, 2019 (JST)! Please wait until business […]

May 27
Asian stocks hovered near four-month lows on Monday

Asian stocks hovered near four-month lows on Monday amid concerns about U.S.-China tensions while the euro was confined to a narrow range after the weekend’s European Parliament elections. Asian Stocks Wall Street’s major indexes edged higher on Friday in a rebound from the previous session’s losses after comments from U.S. President Donald Trump on trade […]

May 27
Facebook to launch its own crypto-currency in 2020

Facebook is planning to set up a digital payments system by the first quarter of 2020, which will be available in many countries according to BBC. The social media giant wants to start testing its crypto-currency, which has been referred to internally as GlobalCoin, by the end of this year. Facebook is expected to outline […]

May 27
Gold prices rose on Monday in Asia; U.S.-China trade spat

Gold prices touched a more than one-week high on Monday as fears of a protracted U.S.-China trade war, while poor economic data from the United States bolstered bets of a U.S. Federal Reserve rate cut. Gold Prices Spot gold edged 0.1% higher to $1,286.21 per ounce as of 0714 GMT. Earlier in the session, the […]