News

Jun 23
Asian stocks climb after volatile trade on U.S.-China trade confusion

Asian stocks bounced on Tuesday after U.S. President Donald Trump said the U.S.-China trade pact was “fully intact”, clarifying earlier confusing statements from the White House over the fate of the deal. Jitters emerged early in the Asian day after White House trade adviser Peter Navarro said the trade deal with China was “over”, linking […]

Jun 22
Asian shares mostly higher as US reports surging virus cases

Asian shares were mostly higher Monday in Asia despite reports that the number of coronavirus cases in the U.S. and worldwide has surged sharply. Asian Shares The Nikkei 225 index edged 0.1% higher to 22,499.32,. The Hang Seng in Hong Kong lost 0.3% to 24,581.34. The Kospi in South Korea slipped 0.1% to 2,138.42,. In […]

Jun 19
Asian Stocks Mixed amid concern over coronavirus hotspots

Asian stocks were mixed Friday after Wall Street closed little-changed amid as optimism about a possible global economic recovery was tempered by concern over rising coronavirus infections. Global markets have recovered most of this year’s losses as investors look ahead to a possible rebound from the deepest economic slump since the 1930s. But analysts say […]

Jun 18
Asian shares slip as global rally eases off the accelerator

Asian Shares were mostly lower on Thursday after another day of wobbly trading on Wall Street as markets eased off the accelerator following their big rally. Asian Shares Japan’s Nikkei 225 shed 0.4% to 22,365.00. The Hang Seng in Hong Kong also fell 0.4%, to 24,385.84. South Korea’s Kospi slipped 0.5% to 2,130.52. India’s Sensex […]

Jun 17
Asian share markets took a breather on Wednesday

Asian share markets took a breather on Wednesday as a resurgence of coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in US retail sales in May broke all records. Asian Share Markets MSCI’s broadest index of Asia-Pacific shares outside Japan went flat, having climbed 2.8% the previous day, with […]

Jun 17
RippleNet Cloud Reaches New Milestone, Signs First Bank Customer

Ripple, a leading provider of enterprise blockchain solutions for payments, announced Banco Rendimento has launched with RippleNet Cloud. As the first bank to use Ripple technology entirely in the cloud, Banco Rendimento joins nearly two dozen financial institutions already running on RippleNet Cloud. With RippleNet Cloud, banks and financial institutions can maximize their business benefits […]