Asian markets mostly fell in early trading Thursday, following losses on Wall Street after Fed Chairman Jerome Powell said the economic recovery will be “a long road.” Japan’s Nikkei 225 NIK, -1.43% dropped 1% while Hong Kong’s Hang Seng Index HSI, -0.76% slipped 0.5%. The Shanghai Composite SHCOMP, +0.23% wasRead More →
Bitcoin (BTC) price was once again sideways last week with price action between bulls and bears proving to be equal. But scenarios look likely for Bitcoin as we approach the month of May comes to a close? Let’s take a look at what’s happening with the largest cryptocurrency by marketRead More →
Asian markets declined in early trading Wednesday following another sharp selloff on Wall Street as the global spread of the coronavirus outbreak continued to rattle traders. Japan’s Nikkei NIK, -0.79% sank 0.7%, and Hong Kong’s Hang Seng Index HSI, -0.82% dipped 0.5%. The Shanghai Composite SHCOMP, -0.82% Read More →
European stocks fell on Friday as investors cooled on prospects for global trade developments, with losses for Swiss luxury goods group Compagnie Financière Richemont SA CFR, -4.37% and French bank Crédit Agricole SA, along with major oil companies. The Stoxx 600 SXXP, -0.29% slipped 0.4% to 404.74 after closing ThursdayRead More →
Asian markets were mostly lower in early trading Wednesday, after recession worries led to losses on Wall Street. President Donald Trump on Tuesday admitted that tariffs against Chinese goods may cause economic pain in the U.S., but said his hard line is necessary and will be worth it in theRead More →
As Friday’s trading session drew to a close, rumors began to swirl about Canadian licensed cannabis producers circling the damaged assets of CannTrust Holdings Inc. With ongoing investigations by the Ontario Securities Commission, Health Canada, and the country’s criminal investigative unit, the Royal Canadian Mounted Police, weed companies are bettingRead More →
Asian shares were lower Friday as investors continued to watch the brewing trade conflict between China and the U.S., and any signs of what’s in store from central banks. Stocks fell the most in South Korea, after a report Friday by Kyodo News that Japan will remove the country fromRead More →
U.S. stock futures retreated Friday morning, a reversal after the three main benchmarks ended a holiday-shortened session on Wednesday all at records on the same day for the first time in 17 months. Investors eagerly awaited a key read on the labor market. U.S. markets were closed on Thursday forRead More →
Oil prices, trading at multiweek highs in recent sessions, cooled on Tuesday, although heightened tensions between the U.S. and Iran remained front of mind for the energy market. Oil did climb up from the day’s deepest losses, a mild recovery that traders pinned on underlying optimism for a break inRead More →
Major Asian stock markets declined Tuesday as traders looked ahead to a meeting between the American and Chinese presidents amid hopes for renewed trade talks. The leaders of the U.S. and China are expected to meet on the sidelines of the G-20 meeting in Osaka, Japan. Trade negotiators from theRead More →
Asian markets fell in early trading Thursday, following Wall Street’s lead as the U.S. and China appeared to brace for a prolonged trade standoff. After last week’s escalation of tariffs, no new trade talks have been scheduled, and many analysts suspect a breakthrough will require an intervention at the topRead More →
Hong Kong stocks are among the markets in Asia sporting early declines of at least 0.5% following an overnight pullback overseas. The Hang Seng HSI, -0.49% is off 0.6% and the China Enterprises Index 0.7% HSCEI, -0.69% as the energy sector pulls back more than 1%. But majorRead More →
© Reuters. FILE PHOTO: A SolarCity vehicle is shown in San Diego, California By Alexandria Sage SAN FRANCISCO (Reuters) – Tesla (NASDAQ:) Inc’s sudden decision to shutter the bulk of its stores around the world raises a red flag over the future of its solar branch, a declining business itRead More →
Asian shares were mostly lower Friday after a slide on Wall Street as investors nervously watched the U.S.-China trade talks in Washington. Japan’s benchmark Nikkei 225 NIK, -0.27% slipped 0.3% in morning trading. Australia’s S&P/ASX 200 XJO, +0.43% gained 0.4% while South Korea’s Kospi SEU, -0.30% fellRead More →
Bitcoin prices were holding firm on Thursday, despite the withdrawal of a widely followed bitcoin-backed exchange-traded fund proposal. On Thursday, bitcoin, BTCUSD, +0.13% the world’s largest digital currency, was changing hands at $3,583.06, up 0.5% since Wednesday at 5 p.m. Eastern Time on the Kraken exchange. The ETF proposal byRead More →
© Reuters. Apple’s logo is seen outside flagship store downtown Milan (Reuters) – Apple Inc (NASDAQ:) has been ordered by a German court to stop using part of a press release claiming all iPhones would be available in the country through carriers and resellers, a copy of the ruling seenRead More →
