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Asian stocks jumped on Monday as China’s central bank changed the way a key interest rate benchmark is set. Asian stocks Hong Kong’s Hang Seng Index climbed 1.7%. Japan’s Nikkei 225 jumped 0.5%. China’s Shanghai Composite Index gained 0.6%. In addition, Korea’s Kospi also rose 0.5% while Australia’s S&P/ASX 200 gained 0.9%. Analysts have seen […]
Oil prices gained on Monday in Asian following a volatile week as traders digested the latest development on the Sino-Us talks. U.S Crude Oil WTI futures rose 1.0% ti $55.33 per barrel. International Brent Oil Futures climbed 1.1% to $59.27 per barrel. Oil markets swung between gains and losses last week as a delay on […]
Robinhood enters the United Kingdom, after raising $323 million last month, the company—now valued at $7.6 billion—announced Wednesday (Aug. 7) it received regulatory approval to operate as a broker in the United Kingdom. Robinhood haven’t share more information in regards to its launch in the UK but its authorisation by the FCA makes it clear tha the company is […]
Moscow Exchange announced trading in the US Dollar/Japanese Yen (USD/JPY) currency pair. Trades will be settled same day (T+0), next day (T+1) and on T+2 after the trade date. Оvernight and tom-next swaps will be also available. Тhe currency pair will also be available for OTC trading with tight spreads as part of MOEX’s service […]
IBM and blockchain consultancy Chainyard announced a new blockchain-based network designed to improve supplier validation, onboarding and life cycle information management “Trust Your Supplier Network”. Traditional methods of managing suppliers often involve cumbersome manual processes, which make it difficult to verify identities and track documents like ISO certifications, bank account information, tax certifications, and certificates […]
Asian shares suffered their steepest daily drop in nine months on Monday, as Sino-U.S. trade friction sent the yuan slumping to a more than decade trough and stampeded investors into safe harbors including the yen, bonds and gold. Asian Shares Australia’s S&P/ASX 200 Index lost 1.7%. South Korea’s Kospi index fell 2.2%. Hong Kong’s Hang […]