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Asian Shares Climb Amid Metals Bounce as Yen Slips: Markets Wrap

January 11th, 2017 (0)
Iron ore, copper lead materials higher on China growth signs U.S. shares meandered amid angst before Trump media conference Asian stocks rallied, led by a surge in mining companies, after evidence of quickening price growth in China boosted industrial ...

Oil prices running out of reasons to rally

January 10th, 2017 (0)
Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of two months, optimism surrounding the OPEC deal has buoyed ...

Fintech startups in Indonesia flourish in 2016

January 10th, 2017 (0)
Fintech startups flourish in 2016, mostly in lending Financial technology (fintech) startups mushroomed in 2016, with the number of businesses in the segment soaring last year, according to the Financial Services Authority (OJK). As many as 135 fintech startups ...

Bitcoin Extends Loss After China’s Central Bank Warns Investors

January 9th, 2017 (0)
PBOC officials tell bitcoin platform to rectify issues Bitcoin surged 120% in 2016 as yuan depreciation quickened Bitcoin extended Friday’s tumble amid concern China will tighten rules on the digital currency to curb capital outflows. The cryptocurrency slid 1.2 ...

Oil prices start the week lower after jump in U.S. rig count

January 9th, 2017 (0)
Oil prices were lower early on Monday as drilling activities in the U.S. intensified last week, stoking concerns that the effort by global oil producers to curtail oversupply could be undercut by American shale producers. On the New York ...

Korean won weakest major currency followed by pound and yen

January 9th, 2017 (0)
Korean won weakest major currency, followed by pound and yen Crude oil price down for first time in four sessions The offshore yuan had its biggest two-day fall since June as most other major currencies also slid, led by ...

U.S. Stocks Halt 3-Day Drop as Dollar, Gold Climb: Markets Wrap

January 4th, 2017 (0)
Crude slides from 18-month high amid doubts on OPEC cuts Warnings, optimistic calls vie for investor attention U.S. stocks rose with the dollar as economic data bolstered confidence that the American economy is poised to accelerate. Gold rose and ...

Dollar Retreats, While Stocks Advance With Crude: Markets Wrap

January 3rd, 2017 (0)
Most markets are trading for the first time in 2017 on Tuesday European equities climbed Monday on manufacturing strength Asian stocks advanced and crude oil climbed on the first full trading day of the New Year as a private ...

Euro Climbs Along With Oil as Japan Stocks Decline: Markets Wrap

December 30th, 2016 (0)
European currency spiked as much as 1.6% versus greenback Crude climbed after first daily decline in nine days The euro spiked higher as the dollar weakened for a second day and oil advanced in thin end-of-year trading. Japan’s Topix ...

Blockchain shows great promise to improve accounting issues

December 29th, 2016 (0)
While blockchain tech is poised to disrupt a wide variety of industries, it is also poised to dramatically impact those professions that serve all industries. One area that appears primed for massive change is the accounting field. Here, the ...
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