Search Results for: asia
Bitcoin falls to 5-week low as Ethereum drops below $600
March 15th, 2018
Bitcoin slipped to a five-week low on Thursday that also marked a drop of nearly a quarter in the cryptocurrency’s value during the first two weeks of March. The cryptocurrency dipped as much as 5.4 per cent to $7,753 ...
Euro slid after Italian election results; Here are some key events coming up this week
March 5th, 2018
Asian equities declined on continued investor concern about the impact of American tariffs on the global economy. The euro slid after initial results from the Italian election suggested a hung parliament. Stocks fell from Tokyo to Sydney, with the ...
European stocks end higher as Wall Street extends its rally
February 27th, 2018
European stocks closed in the green Monday, with investors starting the week in the mood to take on risk following Friday’s rally on Wall Street, and as U.S. stocks extended their march higher. How markets are trading The Stoxx ...
Oil prices give up earlier gains as rising U.S. supply outweigh signs of demand gains
February 27th, 2018
Oil prices on Tuesday erased earlier gains as investor concerns about rising U.S. oil output offset signs of stronger demand and faith in the ability of OPEC production curbs to curtail supply. U.S. West Texas Intermediate (WTI) crude for ...
Oil prices fall on firmer U.S. dollar
February 22nd, 2018
Oil prices fell on Thursday, pulled down as a firmer dollar outweighed a report of a decrease in U.S. crude inventories. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $61.12 a barrel at 0102 GMT, down 56 ...
China’s mobile payments skyrocket in 2017
February 21st, 2018
China’s mobile payments in 2017 totaled 81 trillion yuan, or US$12.77 trillion, as of October according to a report from the Xinhua news agency this week. The volume crushed the total for the whole of 2016, which came in ...
The dollar inched higher on Wednesday; The euro held steady against the dollar
February 21st, 2018
The dollar inched higher on Wednesday as the near-term focus shifted to the minutes of the Federal Reserve’s last policy meeting for hints on the future pace of U.S. monetary tightening. The dollar index rose 0.1 percent to 89.805, ...
The Euro and the Yen rose; Japanese stocks extended a rally
February 16th, 2018
Japanese stocks extended a rally in global equities even as the yen rose to its strongest in 15 months, with trading muted due to holiday closures across Asia. Australian shares closed slightly lower, but with most major markets across ...
The stock market correction has arrived in Europe
February 7th, 2018
The stock market correction arrived in Europe on Tuesday. The punishing global stocks rout pushed key indexes in Germany, Spain and Sweden into correction territory, meaning they have dropped 10% or more from recent highs. All three benchmark indexes ...
Oil rises on report of lower U.S. crude inventories
February 7th, 2018
Oil prices rose on Wednesday amid a share market recovery and supported by a report that U.S. crude inventories fell last week, although analysts warned that soaring U.S. output and a seasonal demand drop could soon weigh on crude. ...