News

Apr 03
Asian stocks little changed; oil prices mixed

Asian stocks were little changed on Friday following a record surge in oil prices overnight that saw U.S. crude futures soaring more than 24%. Asian Stocks Mainland Chinese stocks were lower on the day, with the Shanghai composite down 0.6% to about 2,763.99 while the Shenzhen composite shed 0.47% to around 1,689.57. Hong Kong’s Hang Seng index dipped about 0.6%, as of […]

Apr 03
Binance acquires CoinMarketCap

Binance has recently completed the acquisition of CoinMarketCap, the world’s most-referenced cryptocurrency data tracking site. Binance CEO, Changpeng Zhao (CZ) said: “The core DNA of CoinMarketCap is strongly aligned with Binance’s ethics and culture, from its integrity to its value of freedom, transparency and user-focus. Our common vision will be strengthened by this acquisition to further […]

Apr 02
Asian Stocks Mixed as Economic Toll of Virus Worsens

Asian stocks were meandering Thursday after a White House warning that as many as 240,000 Americans might die of the coronavirus sent Wall Street tumbling and signs of the outbreak’s global economic cost increased. Asian Stocks and Tokyo’s Nikkei 225 lost 0.3% to 18,007.46, adding to the previous session’s 4.5% loss. The Hang Seng in […]

Apr 01
Asian shares hold on to gains but virus keeps markets on edge

Asian shares clung to gains on Wednesday, helped by a bounce in Australian shares, but risks for equities remain large as the coronavirus pandemic rattles the underpinnings of the global economy. Asian shares E-Mini futures for the S&P 500 traded 1.39% lower in Asian trade, highlighting the cautious mood. MSCI’s broadest index of Asia-Pacific shares […]

Mar 31
Asian shares rise after Wall Street health-care-led rally

Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies’ announcements of developments that could aid in the coronavirus outbreak. Asian Shares Japan’s benchmark Nikkei 225 rose 0.8% in morning trading to 19,243.91. Australia’s S&P/ASX 200 added 2.0% to 5,285.50. South Korea’s Kospi picked up 1.6% to 1,743.84. Hong […]

Mar 30
Asian shares suffer fresh spill as coronavirus damage deepens

Asian shares  slid on Monday (March 30) as fears mounted that the global coronavirus shutdown could last for months although markets regained some lost ground late in the session with Australia posting a standout jump. Stocks Decline US and European futures also turned upwards in the Asian afternoon. E-Mini futures for the S&P 500 up 1.1 […]