Asian markets pull back after Fed’s cautious outlook

2020-06-10

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 →

Asian markets pull back, following Wall Street’s lead

2019-02-21

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 holds firm after VanEck and SolidX pull ETF proposal

2019-01-24

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 →