News

The dollar was hamstrung versus its rivals on Thursday, restrained by concerns over global growth, the U.S. government shutdown and a yet-unresolved U.S.-Sino trade dispute. “Trade tensions are the most dominant factor for investor sentiment right now and will drive market flows,” said Nick Twidale, chief operating officer at Rakuten Securities. The Aussie dollarwas a big mover […]

European shares inched higher on Thursday as better-than-expected results from chipmaker STMicro delivered a boost to the tech sector, while oil stocks weighed on the market. European Shares The pan-European STOXX 600 (STOXX) gained 0.1 percent by 0843 GMT, in line with Germany’s DAX (GDAXI) while Britain’s FTSE 100 (FTSE) fell 0.4 percent. Chipmaker STMicroelectronics […]

Asian stocks trod water on Wednesday as concerns over the outlook for global economic growth and the ongoing Sino-U.S. trade war kept investors away from riskier assets. Stocks Britain’s FTSE losing 0.3 percent. Germany’s DAX slipping 0.2 percent. France’s CAC shedding 0.4 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.15 percent. The Shanghai Composite Index was last down 0.15 percent, […]

U.S. dollar steady against other major currencies on Wednesday. The yen was lower as risk sentiment improved, but concerns over slowing global growth and U.S-China trade tensions looked likely to keep gains in riskier assets in check. The U.S dollar index, which measures the grennback’s strenght against a basket of six major currencies, was at […]

Sony will move its European headquarters from the UK to the Netherlands to avoid disruptions caused by Brexit. The company said that this move will help to avoid customs issues tied to Britain’s exit from the EU, according to AFP. Despite the move, Sony will not move its personnel and operations from the existing UK […]

European cryptocurrency trading platform, Blockport, is coming out of beta and goes into full launch to offer trading with social sharing and bank connectivity. Blockport claims to have had paying-user conversion rates that are four to five times higher than those of Coinbase in the time since the beta launch in August 2018. Over the […]