Search Results for: asia
Raid on Chinese-manned firm exposes cryptocurrency scam
September 17th, 2019
Philippines local authorities acting on a tip from the Chinese government have uncovered what could be a growing online investment scam hiding behind a fledgling industry based in one of the country’s special economic zones. This was after government ...
UK pound retreated further from last week’s gains
September 17th, 2019
The pound retreated further from last week’s gains following a heated remarks by Luxembourg Prime Minister Xavier Bettel on Monday showing that the gap between the British and European Union positions on Brexit remained far apart. Bettel lashed out ...
European stocks jump as ECB launches new stimulus plan
September 12th, 2019
European stocks rallied after the European Central Bank (ECB) announced a massive new bond-buying program Thursday in a bid to stimulate the ailing euro zone economy. The central bank’s quantitative easing program will entail 20 billion euros per month ...
China or US?
September 9th, 2019
China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being backed into a corner over Huawei, trade tariffs and Hong ...
Emerging-market stocks rose to a one-month high; South Africa’s rand rose
September 6th, 2019
Emerging-market stocks rose to a one-month high on Thursday after the United States and China agreed to a new round of trade talks. South Africa’s rand rose for a third straight day on optimism about its economic growth. The ...
U.S. stocks advanced; Shares in Hong Kong leaped the most since 2018; Euro to Dollar gained
September 4th, 2019
U.S. stocks advanced as a broad easing of risks across the globe gave investors a reprieve. Treasuries and the dollar declined. The S&P 500 rebounded from Tuesday’s losses along with European and Asian shares as political tensions appeared to ...
Investors Update: Global stocks faced headwinds; Pound flirted with 2 1/2-year lows
September 3rd, 2019
Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to block lawmakers’ efforts to avert a no-deal ...
Euro at one-month low vs dollar; yuan set for worst month since 1994
August 30th, 2019
The euro plunged to a one-month low against the dollar on Friday, as investors looked for aggressive easing by the European Central Bank and ignored doubts by some policymakers about the need for more stimulus. Poor euro zone economic ...
iSignthis published First Half 2019 Results
August 28th, 2019
Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX:ISX / DE: TA8) is pleased to provide the following update for the half year ended 30th June 2019. First Half Highlights to 30th June 2019: Total audited operating ...
Our costly dalliance with Lord Keynes
August 28th, 2019
In “The General Theory of Employment, Interest and Money”, Keynes virtually created macroeconomics. But Keynes was a mathematician, not an economist, and did not fully understand free markets, so he was hardly qualified to emerge as the most ...