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Asian shares consolidated their weekly gains on Friday as Sino-U.S. talks produced a lot of headlines but no conclusions, while caution ahead of U.S. payrolls and a holiday in China dampened volatility. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1 percent. The index was still up 1.8 percent for the week […]

Asian shares held near an eight-month peak on Thursday as investors awaited developments on Sino-U.S. trade talks, with both sides appearing closer to signing a deal and improved risk appetite weighing on safe-haven assets like the yen. Asian shares Chinese shares started firm with the blue-chip index up 0.9 percent. Hong Kong’s Hang Seng index was […]

PayPal joins the blockchain craze. The payments giant has invested in Cambridge Blockchain, a budding startup developing digital identity management software for financial institutions. Cambridge Blockchain said the investment will help the two companies explore potential collaborations powered by blockchain tech. The investment was part of a Series A funding round, which also included backing […]

Asian shares hovered near seven-month highs early on Wednesday as global investors paused for breath after the strong rally seen earlier this week, while oil approached the key $70 per barrel mark. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up less than 0.1 percent early in the Asian trading day. Australian […]

Asian shares rise to seven-month highs as positive Chinese and U.S factory activity surveys aided investor confidence, and the ebbing concerns over the global economy spurred selling of safe-haven U.S. bonds as yields rose from 15 month troughs. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2 percent. Australian shares gained […]

Forex – Dollar hit a two-week high against the yen on Tuesday, as ebbing concerns about the global economy pushed U.S. bond yields up from 15-month troughs. The greenback was steady at 111.37 yen after touching 111.46, its highest since March 20. The 10-year Treasury yield traded at 2.492 percent, pulling back from a 15-month low […]