Search Results for: china
BNP Paribas Launches WeChat Pay In Europe
November 10th, 2017
BNP Paribas, Europe’s leading bank for Cash Management, is introducing WeChat Pay a popular mobile payment solution in China, to retailers in France and subsequently across Europe, thus underlining its determination to support retail sector clients wishing to attract ...
The man who predicted the 2008 financial crisis is skeptical about bitcoin
November 9th, 2017
The man who predicted the 2008 financial crisis is skeptical about bitcoin. Nouriel Roubini warns the cryptocurrency will become so regulated it will “find its end.” “In my opinion, there is a gigantic speculative bubble related to the bitcoin ...
Stocks In Asia Retreat; The Yen Advanced, Kiwi Dollar Jumped, Euro Traded Flat
November 9th, 2017
Stocks in Asia took a sudden turn lower, led by Japan, as some traders ascribed technically-driven trading after indexes hit historic highs earlier in the day. The yen and gold climbed as investors kept an eye on U.S. President ...
Lean Work partners with Spotware Systems to successfully integrate with cTrader
November 8th, 2017
Lean Work, China’s leading SaaS provider, recently enters into partnership with Spotware Systems and successfully completed integration with cTrader. The partnership is a win-win scenario not just for both companies but for new and existing Chinese and international brokers ...
Goldman Sachs predicts bitcoin can run past $7,900
November 8th, 2017
Goldman Sachs expects bitcoin will hit new records, despite a roughly $600 drop in the digital currency from all-time highs. Bitcoin can hit $7,941 and eventually trade higher, Goldman Sachs’ Sheba Jafari says in a Sunday note. Following last ...
Oil Prices Falls On Lower Chinese Crude Imports
November 8th, 2017
Oil prices fell on Wednesday as Chinese crude imports slipped to their lowest level in a year, although traders said the overall market remains well supported on the back of OPEC-led supply cuts. Traders said the market was eyeing ...
Asian Stocks Mixed, Dollar Slips; Japan’s Topix index closed at the highest level since 1991
November 8th, 2017
Asian stocks were mixed as a rally that lifted regional equities to the highest levels in at least a decade stalled. The dollar came under pressure after advancing against G10 peers amid concern about the progress of U.S. tax ...
Yen slipped, Korean Won and Aussie Dollar rose; Asian stocks climbed
November 7th, 2017
Asian stocks climbed, with a regional index trading at its highest in a decade, as energy and materials companies benefited from a surge in oil and metals prices. Japan’s Nikkei 225 Stock Average finished at its strongest level since ...
Key financial events coming this week
November 6th, 2017
The yen tumbled to the weakest since March after Bank of Japan Governor Haruhiko Kuroda said it’s crucial for inflation to exceed the 2 percent target. Asian stocks slipped after China’s central bank chief warned again about excessive leverage ...
What is an Initial Coin Offering (ICO)?
November 2nd, 2017
Initial coin offerings have come out of nowhere in 2017 to become the talk of Silicon Valley and Wall Street. Programmers have raised over $3.2 billion this year by selling their own virtual currencies to investors. That is 3,000 ...