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Asian shares rose while the euro stayed near two-month lows as soft economic data fuelled hopes the European Central Bank could cut rates at its meeting on Thursday. Asian Shares Japan’s Nikkei, touched nearly three-month highs before trimming gains to be up 0.33%. Australian shares neared a 12-year peak, driven by expectations the ECB and the […]

SEC charged Facebook – The social network must pay the FTC over its handling of user data.   SEC charged Facebook after privacy probe – The Securities Exchange Commission  announced on Wednesday that it will fine Facebook $100 million as part of a settlement in relation to a probe into the social network’s handling of […]

Asian shares traded higher on Wednesday because of the signs of US-China talks. US negotiators are expected to travel to China to resume talks on trade agreement and will be the first face-to-face talks since President Donald Trump met Xi Jinping. Asian shares Shangai Composite Index rose 1.1% and Hong Kong’s Hang Seng gained 0.9%. In […]

Bitcoin futures platform Bakkt is scheduled to begin testing its new contracts Monday. Nearly a year since revealing its vision, Intercontinental Exchange (ICE) is still waiting on regulatory approvals to take the platform live. Bakkt announced in May that it would begin testing its bitcoin futures contracts in July. It would be testing two types […]

Asian Shares edged up on Tuesday afternoon, as investors await closely-watched central bank meetings in the coming days. There are expectations that the European Central Bank and Federal Reserve will cut interest rates. “The likelihood of easing by the Fed is supportive for equity markets, but the probability of a 25 basis point rate cut […]

Asian shares fell on Monday since investors scaled back expectations of an aggressive interest rate cut. Asian shares MSCI’s broadest  index of Asia-Pacific shares outside Japan was down 0.4%. Japan’s Nikkei dropped 0.3%, domestic earnings for this season starts this week. The Shanghai Composite Index was down 1.1% and Hong Kong’s Hang Seng dropped 0.9%. […]