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Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound. Asian Shares In stock markets trade was generally muted with MSCI’s broadest index of Asia-Pacific shares outside Japan off […]

Asian shares inch up as cautious investors await U.S. data, earnings. Equity indicators nudged higher on Monday as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world’s biggest economy, with markets remaining focused on a likely U.S. rate cut this month. Asian Shares MSCI’s broadest index of Asia-Pacific […]

Facebook will not launch the cryptoccurency Libra until it has fully addressed regulatory concerns. The remarks are prepared testimony he plans to give tomorrow, in front of the US Senate Banking Committee. Because the Libra Association is headquartered in Switzerland, Marcus says he expects the currency to be regulated by Switzerland’s financial regulator. The association is currently in “preliminary […]

Gold prices were little changed on Monday in Asia after data showed China’s second-quarter growth data slowed to a 27-year low but matched expectations. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange were little changed at $1,413.35 by 12:43 AM ET (04:43 GMT). Gold prices jumped from $1,200 […]

Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world’s second-biggest economy may be starting to stabilize thanks to ramped-up stimulus from Beijing. Asian Shares Trading was expected to be light as Japan was shut for a public holiday. MSCI’s broadest index of Asia-Pacific shares outside […]

Asian shares veered between small losses and gains on Friday as investors awaited key China trade and lending data, and as worries over Sino-U.S. trade tensions countered optimism rooted in expectations of a Federal Reserve rate cut this month. “Markets have enjoyed a bit of a calm spot in the U.S.-China trade war saga since […]