Search Results for: Chinese
Bitcoin plunges $200 after cyber attackers demand ransom using the digital currency
May 16th, 2017
Bitcoin fell from a record high after Friday’s WannaCry cyberattack. The digital currency hit an all-time high of $1,848.75 Thursday and on Monday traded near $1,676.42. Analysts also pointed to increased Chinese selling. Bitcoin plunged from a record high ...
China shares gain on spending program
May 15th, 2017
Hang Seng China Enterprises Index on course for six-day surge Oil climbs as Russia, Saudi Arabia favor extending output deal Chinese equities rose as optimism over infrastructure spending offset concerns over the strength of the global economy, while oil surged ...
New regulations looming for bitcoin trading in China
May 11th, 2017
Beijing is expected to issue new rules for bitcoin trading in China next month as the cryptocurrency’s price on the country’s trading platforms keeps hitting new highs. According to a Beijing-based media company Caixin citing anonymous sources; the People’s ...
Mobile payments via fingerprint, iris scan, and selfie will hit $2B this year
May 11th, 2017
Fingerprint and selfie pay are on the rise: The number of mobile payments authenticated by biometrics will rise to nearly $2 billion this year, up from $600 million in 2016, according to a report from Juniper Research, released Monday. ...
Asia Stocks Rise; Yen Gains
May 10th, 2017
China shares in Hong Kong surge, Kospi drops after election S&P 500 futures slip as Trump fires FBI boss James Comey Asian stocks resumed a rally as Hong Kong shares jumped to a 21-month high. U.S. stock-index futures slipped ...
Oil gives up earlier gains as rising US output, China concerns weigh
May 9th, 2017
Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude output undermined the impact of hopes that OPEC-led production cuts could be extended. Brent crude futures, the international benchmark ...
Asia Stocks Fall After Rally, Aussie Dollar Drops: Markets Wrap
May 9th, 2017
S&P 500 ekes out new record as VIX slumps to lowest since 1993 Japan’s Topix retreats from highest level since December 2015 Asian equity markets slipped from a two-year high in the absence of catalysts to spur further gains, ...
Asian Stocks Climb as Global Growth Seen Intact: Markets Wrap
May 8th, 2017
Euro declines after Macron beats Le Pen for French presidency Japan shares rally after holidays while China extends selloff Asian stocks climbed outside of China, with Japanese shares rallying after a three-day holiday, amid optimism on improving global growth following ...
Breaking: Saxo Bank announces new shareholder; Key shareholder to own 30% of Saxo Bank
May 5th, 2017
Saxo Bank, a leading multi-asset trading and investment specialist, has issued an announcement today to inform that Lars Seier Christensen, co-founder of Saxo, has received an offer and agreed to sell his stake of 25.71 per cent of the ...
Asian Stocks Decline as Iron Ore Futures Tumble: Markets Wrap
May 4th, 2017
FOMC leaves rates unchanged, sees inflation near target Aussie dollar erases loss as Lowe speaks in Brisbane Australian and Chinese stocks fell further on Thursday after metals prices declined, while South Korean shares rallied and the dollar held gains ...
