News

Jun 10
Asian stocks and U.S. equity futures climbed on Monday

Asian stocks and U.S. equity futures climbed on Monday after President Donald Trump suspended his plans for U.S. tariffs on Mexico. Treasuries fell as demand for havens sank. Asian Stocks The MSCI Asia Pacific Index rose 0.9% as of 2:00 p.m. in Tokyo. Japan’s Topix Index rose 1.6%. Shanghai Composite gained 1%. Hang Seng gained 2.1%. Kospi […]

Jun 07
Asian shares were slightly higher on Friday

Asian shares were slightly higher on Friday on expectations global central banks will soon embark on an easing cycle in the face of international trade frictions and fears of a world recession. Those concerns blunted some of the optimism, with liquidity light during Asian trading as China and Hong Kong markets were shut for a […]

Jun 07
Hackers steal $9.5 million from GateHub

Another day, another cryptocurrency heist. Hackers have breached over 100 Ripple $XRP▲4.21% (XRP) Ledger wallets managed by service provider GateHub. If that wasn’t bad enough, additional reports suggest the attackers have siphoned off more than $10 million worth of XRP. The company admitted to the security breach in a preliminary statement posted on its website. “Recently, we have […]

Jun 06
Share markets were in a muted mood on Thursday

Share markets were in a muted mood on Thursday as fears the U.S. trade tussle with Mexico would further depress global growth warred with wagers central banks would have to respond with fresh stimulus. Share Markets MSCI’s broadest index of Asia-Pacific shares outside Japan was off 0.2% in very thin trade. Japan’s Nikkei ended all but […]

Jun 05
Asian shares tracked Wall Street’s rally on Wednesday

Asian shares tracked Wall Street’s rally on Wednesday, after U.S. central bank comments pointed to increasing prospects of an interest rate cut, boosting investor sentiment and pushing the dollar lower. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.5%. Japan’s Nikkei average climbed 1.9%. Chinese shares also rebounded, with the benchmark Shanghai Composite up […]

Jun 04
Asian shares fall as weak data inflames growth fears

Asian shares fell on Tuesday, following a volatile Wall Street session as weak economic indicators and an intensifying Sino-U.S. trade war inflamed concerns about global growth, supporting safe-haven assets such as bonds. Asian shares The broad index was pulled lower by Chinese shares. China’s blue-chip CSI300 index (CSI300) was 1.17% lower, and the Hang Seng […]