News

The long-awaited digital currency Libra could finally see the light of day as soon as January 2021, according to a new report. Expected in January, the exact launch date is still not known and would depend on when the Libra Association receives regulatory approval by the Swiss Financial Market Supervisory Authority, or FINMA, to operate […]

Asian shares advanced on Thursday as markets’ euphoric mood over COVID-19 vaccines and the prospects of more political predictability and economic stimulus under the incoming Biden administration overrode a slate of weak U.S. economic data. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3% while Japan’s Nikkei gained 0.6%. U.S. S&P 500 […]

Asian stocks rose Wednesday after the Dow Jones Industrial Average closed above 30,000 points for the first time despite an ongoing pandemic, as progress in development of coronavirus vaccines kept investors in a buying mood. Asian stocks Hong Kong’s Hang Seng Index (HSI) rose 1.3%, China’s Shanghai Composite (SHCOMP) was up 0.1%. South Korea’s Kospi (KOSPI) rose 0.7%. Japan’s Nikkei (N225) led the region’s […]

Stocks, oil and risk currencies gained on Tuesday as the formal go-ahead for U.S. President-elect Joe Biden to begin his transition burnished a November already boosted by COVID-19 vaccines. European markets tracked gains in Asian and U.S. equities, with the broad-based STOXX 600 index opening 0.8% higher and Brent crude climbing to its highest level since March at $46.38 […]

Asian shares rose on Monday, pushing a broad regional index to a record high as investors pinned their hopes for economic revival on coronavirus vaccines, even as the world contends with surging case numbers and delays to fresh U.S. stimulus. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.71% on Monday, […]

Asian shares mostly rose in muted trading Friday after Wall Street eked out modest gains amid a tug of war between worries about the worsening pandemic in the present and optimism that a vaccine will rescue the economy in the future. Asian Shares Japan’s benchmark Nikkei 225 slipped 0.5% in morning trading to 25,507.95. Australia’s […]