News

Apr 10
Facebook Wants External Funding For Its Stable Coin

Facebook is seeking USD 1 billion in external funding for its forthcoming stable coin that is building within the blockchain division of the company. The company has been tight-lipped about the purpose and progress of the coin, but Facebook has so far hired at least 30 people to the division with David Marcus – former […]

Apr 10
Asian stocks retreat from eight-month high

Asian stocks slipped from eight-month highs on Wednesday as the International Monetary Fund lowered its global growth outlook and as the United States and Europe locked horns over tariffs in a fresh escalation of trade tensions. Asian Stocks MSCI’s broadest gauge of the world’s stock markets was down slightly from Tuesday’s six-month peak but it […]

Apr 10
US oil prices climbing back above $64 a barrel

US oil prices climbing back above $64 a barrel. The situation in Libya escalated surprisingly quickly last week when the Libyan National Army, a formation affiliated with the eastern Libyan government, launched an attack on the UN-recognized cabinet in Tripoli. The attack followed a statement by LNA leader General Khalifa Haftar that Libya will soon have […]

Apr 10
Dash cryptocurrency listed on Jinance Exchange

Payments and e-commerce crypto Dash has just been listed on the Australian-based exchange, Jinance (formally known as String Exchange). The integration features the first AUD-Dash trading pair and in addition to this it incorporates Dash’s InstantSend technology, enabling fast and seamless transactions. Jinance will leverage automated InstantSend for outgoing transactions, a feature introduced as part […]

Apr 09
Asian shares weighed by cautious mood, oil settles

Asian shares struggled to make gains on Tuesday as investors braced for key events later in the week, including the start of the U.S. earnings season and a crucial Brexit summit, while broader concerns about slowing global growth checked sentiment. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was basically flat. Japan’s Nikkei dipped […]

Apr 08
Asian shares off seven-month peak

Asian shares briefly brushed seven-month peaks on Monday as investors cheered a rebound in U.S. payrolls and hints of more stimulus in China, but caution soon surfaced ahead of what is likely to be a tough U.S. earnings season. Asian Shares Japan’s Nikkei was off 0.1 percent after reaching its high of the year so far. E-Mini […]