Search Results for: Hong Kong
The euro held near a 10-day low on Monday
November 25th, 2019
The euro held near a 10-day low on Monday after posting a weekly loss as investors remained cautious about the outlook for the euro zone economy in the near term. Though latest data showed business morale in Germany, Europe’s ...
150 years of bank credit expansion is near its end
November 22nd, 2019
The legal formalisation of the creation of bank credit commenced with England’s 1844 Bank Charter Act. It has led to a regular cycle of expansion and collapse of outstanding bank credit. Erroneously attributed to business, the origin of ...
Emerging Markets-Stocks, currencies gain as trade optimism returns
November 15th, 2019
Emerging market stocks rose for the first time in three days on Friday on renewed hopes that the United States and China were close to signing a trade deal to end a prolonged tariff war that has tempered global ...
European shares set to drift lower on growth concerns
November 14th, 2019
European stocks may drift lower at open on Thursday as weaker-than-expected economic data from China and Japan stoked worries that a global slowdown is deepening. China reported unexpectedly weak data, with industrial output and retail sales growth coming in ...
China prepares to launch its own digital currency as Facebook’s Libra languishes
November 13th, 2019
China is moving closer to releasing the world’s first government-backed digital currency. Li Wei, the head of technology for the People’s Bank of China, the central bank, said on Monday that commercial banks should increase their use of blockchain ...
European stocks open slightly lower; Asian markets were mixed
October 29th, 2019
European stocks opened slightly lower on Tuesday morning as traders monitor progress in U.S.-China trade discussions and a fresh push from U.K. Prime Minister Boris Johnson for an early general election. The pan-European Stoxx 600 was 0.13% lower shortly ...
Spotware announces integration of cTrader with Prime of Prime Broker and Liquidity Provider, IS Prime
October 17th, 2019
Spotware, a leading financial technology provider, offering comprehensive trading solutions is proud to announce its partnership with multi-award winning IS Prime, an FCA regulated Prime of Prime and Liquidity Provider. IS Prime is one of the latest key additions ...
UPDATE: US stock futures advanced; Asian stocks closed mixed; Stocks advanced in Europe
October 15th, 2019
US stock futures advanced, while Asian stocks closed mixed on Tuesday as markets tried to balance fading optimism over the latest US-China trade agreement with the likelihood of a Brexit deal by Thursday’s European Union summit. In South Korea, ...
Company to pay millions in penalty for unregistered initial coin offering
October 8th, 2019
The Securities and Exchange Commission announced settled charges against blockchain technology company Block.one for conducting an unregistered initial coin offering of digital tokens (ICO) that raised the equivalent of several billion dollars over approximately one year. The company agreed ...
The world’s most-used cryptocurrency isn’t Bitcoin
October 4th, 2019
What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70% of all the digital-asset world’s market value, you’re probably wrong. While concrete figures on trading volumes are hard to come by in ...
