News

May 15
Asian stocks bounce from three-and-a-half month lows as trade fears soften

Asian stocks bounced from a 3-1/2-month low on Wednesday as a slight softening in rhetoric from U.S. President Donald Trump helped ease worries about the U.S.-China tariff war and on expectations Beijing could release more economic stimulus. Asian Stocks “Chinese stocks are mounting a rebound as they had been oversold in recent sessions. Sentiment is […]

May 15
eToroX Launches Gold and Silver Stablecoins

eToroX, the blockchain division of global investment company eToro, has today announced the addition of two commodity-stablecoins – eToro Gold (GOLDX) and eToro Silver (SLVX), two further fiat-stablecoins – eToro Ruble (RUBX) and eToro Yuan (CNYX) – plus 15 fiat pairs to its crypto exchange. The new instruments added to the eToroX exchange are: 2 […]

May 13
Asian shares, yuan fall as Sino-U.S. trade talks deadlocked

U.S. stock futures and Asian shares fell on Monday on growing anxiety over whether the United States and China will be able to salvage a trade deal, after Washington sharply hiked tariffs and Beijing vowed to retaliate. Asian Shares Investors are bracing for threatened “countermeasures” from China in retaliation for Washington’s tariff increase on Friday […]

May 07
Asian shares off five-week low, remain fragile on renewed U.S.-China trade worries

Asian shares staggered up from five-week lows on Tuesday but remained fragile after U.S. President Donald Trump’s latest threat to raise tariffs on Chinese goods shocked financial markets and fueled worries that trade talks may be derailed. Asian Shares Trump tweeted on Sunday that he would raise tariffs on $200 billion worth of Chinese goods […]

May 06
Global shares, oil slump after Trump vows China tariff hike

Asian shares tumbled on Monday after U.S. President Donald Trump unexpectedly jacked up pressure on China to reach a trade deal in the midst of negotiations, saying he would hike U.S. tariffs on Chinese goods this week. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.9 percent. Chinese blue-chips lost more […]

Apr 19
Asian markets remain closed for Good Friday

Asian markets traded higher on Friday while other Asia Pacific markets, including Australia, Hong Kong, Singapore and Indonesia, were closed for a public holiday. Asian markets “Recent Chinese data is boosting confidence in the Chinese economy while earnings have not been bad either,” said Yukino Yamada, senior strategist at Daiwa Securities. The Nikkei 225 in Japan rose […]