News

Feb 08
Oil prices: Brent oil edges up; heads for weekly loss

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 […]

Feb 07
Asian shares near four-month peak

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 […]

Feb 06
Asian shares subdued after Trump address

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. […]

Feb 05
Asian Stocks Extend Gains; dollar steady

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 […]

Feb 05
Cryptocurrency Owners Can’t Access Funds

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 […]

Feb 04
Asian stocks steady, dollar firm after upbeat U.S. job data

Asian stocks hovered near four-month highs on Monday after a mixed performance on Wall Street at the close of last week, while the dollar firmed against the yen following strong U.S. employment and manufacturing data. Asian Stocks Hang Seng up 0.2 percent. U.S. S&P 500 e-mini futures. The Dow nudged up 0.26 percent. The Nasdaq shed 0.25 percent. The Dow slipped […]