News
Global shares dropped for a third straight day on Friday and were set to post their first weekly loss in seven, as investors worried about a broadening global economic slowdown and the lack of any sign of a resolution to the U.S.-China trade row. U.S. 10-year Treasury yield hitting its lowest point in a week, close […]
Oil prices: Brent Oil inched up on Friday but was heading for a weekly loss, pulled down by worries about a global economic slowdown, although OPEC-led supply cuts and U.S. sanctions against Venezuela provided crude with some support. Another factor that oil prices were high this week was a strong dollar. International Brent crude futures had erased earlier […]
Asian share markets hovered near four-month highs on Thursday with Australian equities the star performer while the New Zealand dollar sank after disappointing jobs data prompted investors to narrow the odds of a future rate cut. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.1 percent. Australia’s benchmark stock index jumped 1.2 […]
Asian shares were dropped on Wednesday after U.S. President Donald Trump’s State of the Union address failed to give markets fresh trading catalysts, while the Australian dollar nosedived after the central bank opened the door to a possible rate cut. Asian Shares Japan’s Nikkei closed up 0.1 percent. E-Mini futures for the S&P 500 last were a tad higher. […]
Asian stocks extended gains on Tuesday as overnight strength on Wall Street and the Federal Reserve’s cautious turn underpinned appetite for riskier assets, while the dollar held firm on last week’s upbeat U.S. data. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.5 percent. Japan’s Nikkei average marked its highest level in seven weeks […]
Canada’s largest cryptocurrency QuadrigaCX exchange is unable to access millions in digital currency following the sudden death of its founder. It seems that they took security seriously as only the CEO knows the password. Quadriga has filed for creditor protection and estimates that about C$180m ($137m; £105m) in cryptocurrency coins is missing. It has not […]