Search Results for: Asian
Three reasons why bitcoin’s price is surging higher
June 1st, 2016
Bitcoin is trading at its highest price in almost two years, driven by several factors including market conditions in Asia, according to experts in the cryptocurrency. The online currency ended Monday at around $542.77 and hit a high of ...
Asia Stocks Fall With Oil, Copper as Yuan Weakens; Aussie Jumps
June 1st, 2016
Crude oil sinks below $49 before OPEC meets Thursday Korean bonds rally as export slump weighs on the won Asian stocks retreated with commodities and the yuan weakened as Chinese manufacturing data pointed to lackluster growth in the world’s ...
Gold Sinks as Dollar Gets Boost From Yellen; Japan’s Stocks Rise
May 30th, 2016
Yen drops to one-month low as Abe aide signals tax-hike delay Yuan retreats as PBOC sets weakest fixing in five years Gold fell for the ninth day in a row, its longest losing streak in a year, and the ...
Europe lower as markets eye Yellen; Philips Lighting rises at IPO
May 27th, 2016
European stocks were on lower Friday morning as investors looked ahead to comments from U.S. Federal Reserve Chair Janet Yellen. IPO for Philips spin-off The pan-European Stoxx 600 index opened 0.2 percent lower on Friday. Basic resources and health care were ...
Global law firm announced the opening of an office in Honk Kong
May 27th, 2016
Pillsbury today announced the opening of an office in Hong Kong as the firm’s next step in the long-term expansion of its offering in Asia. The firm previously announced its intention to open in Hong Kong after applying for a ...
Oil prices retreat from $50 on oversupply concerns, stronger dollar
May 27th, 2016
Oil futures slipped in Asian trade on Friday after hitting resistance at the $50 a barrel mark as investors worried higher prices could reactivate shuttered crude output, adding to global oversupply. Prices were also pressured by a strong greenback ...
The top 10 countries with the largest gold holdings
May 26th, 2016
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest annual total since the end of the gold standard—with Russia ...
Pizza Hut partners MasterCard to trial robot cashiers
May 25th, 2016
Spotty teenagers could soon be losing their jobs to robots thanks to a tie up between MasterCard, Pizza Hut and Softbank that will see humanoids take orders and mobile-based payments at some Asian fast food joints. Softbank’s 48 inch ...
Oil prices dip on strong dollar, firm global supply
May 23rd, 2016
Oil prices slipped in Asian trade on Monday on a strong dollar and signs that global crude supply is holding up even as volumes hit by unplanned outages rise to at least five-year highs. In a further indication of ...
Europe to follow Asia’s lead with mixed open; Bayer puts in $62 billion Monsanto bid
May 23rd, 2016
European stocks are expected to open mixed on Monday following a mixed start to the week in Asia after weak Japanese export data and a dip in oil prices. The London FTSE index is called to open 1 point higher ...
