Markets News
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By AFP
Shanghai -
Shanghai and Hong Kong stocks plunge on Tuesday on investors' fears that the US and China could be heading for a full-blown trade war following tit-for-tat tariff threats.
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By AFP
New York -
Wall Street was sharply lower at the open on Monday as the spiraling trade dispute between Beijing and Washington weighed on global stocks.
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By AFP
Washington -
Newly inflamed trade war fears and disappointing earnings sent US stocks lower on Thursday, running counter to gains made in European equities.
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By AFP
New York -
World markets were mostly firmer Monday as fears about a China-US trade war were tempered by hopes the two sides will be able to come to an understanding.
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Hong Kong -
OpenPort is a Hong-Kong based digital logistics platform that uses blockchain technology to transform domestic distribution in emerging markets. To discover the advantages of this technology, Digital Journal spoke with CEO Max Ward.
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As the first quarter draws to a close, numerous Tesla watchers are trying to figure out how many Model 3 vehicles the company is making.
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By AFP
London -
Global stocks pushed higher on Thursday following signals from the White House that US President Donald Trump may tone down his tariff plans.
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Of the different sectors of the British economy affected by the U.K.’s impending exit from the European Union, the pharmaceutical sector is one of the most significant. This relates to the value of the market and the regulatory impact.
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By AFP
London -
Stock markets see-sawed on Wednesday as volatility returned, sparked by surprisingly strong American consumer price data briefly rekindling inflationary fears that last week sent world markets into a tailspin.
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By AFP
London -
European stock markets tumbled into the red on Wednesday, as higher-than-expected US inflation data fed speculation that US borrowing costs will be ramped up very soon.
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By AFP
New York -
Wall Street stocks ended a bruising week on a benign note courtesy of a late-session surge Friday, while equity markets in Europe and Asia fell sharply in volatile trading.
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By AFP
Toukyo -
Bitcoin plunged more than 20 percent to fall below $6,000 on Tuesday, its latest sharp loss following a series of setbacks, with a global stock market collapse fuelling the selling.
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By AFP
Hong Kong -
Asian stocks plunged Tuesday after a record-breaking loss on Wall Street, extending a global rout as panicked investors fret over rising US borrowing costs and cash in profits after months of market euphoria.
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By AFP
New York -
Wall Street stocks plunged in chaotic trading on Monday, as the Dow's gains for 2018 were erased in a brutal pullback from months of stock market euphoria that had been acclaimed by President Donald Trump.
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By AFP
London -
The dollar tumbled against major rivals on Wednesday, with the euro reaching a three-year high as US Treasury Secretary Steven Mnuchin said that a weaker dollar was good for the US economy.
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By AFP
London -
Bitcoin, the dominant digital currency, extended a slump Wednesday following a recent surge to trade below $10,000 for the first time since the start of December.Around 1410 GMT, bitcoin stood at $9,807.
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Deutsche Bank has released over 150,000 lines of code from its Autobahn electronic trading platform. The company said the decision to open-source parts of the technology is intended to create a "common industry standard" for automated trading systems.
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By AFP
Hong Kong -
Asian markets struggled on Tuesday while the safe-haven yen and gold held gains as traders fret over North Korea's nuclear test at the weekend, which prompted warnings of US military action.
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By AFP
Hong Kong -
The yen rallied on Tuesday and Asian equity markets sank after North Korea fired a ballistic missile over Japan, ratcheting up geopolitical tensions in the region.
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Snap might be on course to recover its position on the stock market. Employees can now trade their stock as the lockup period is over. Although analysts had thought this could cause a rush of selling, the price is up and Snap has started the week strong.
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To save Snap's stock from falling further, CEO Evan Spiegel could turn the tables and copy Facebook's Mark Zuckerberg.
About five years ago, Facebook was in a similar position as Snap is in now.
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Amazon's second-quarter report fell well short of Wall Street's expectations.
The company's earnings missed analysts' forecasts by more than a dollar a share. It also offered a disappointing outlook for the third quarter.
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Investors have cash to burn right now, and based on the astronomical performance of cryptocurrencies like bitcoin and Ethereum, that's where a lot of it is getting funneled.
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By AFP
Shanghai -
China on Monday opened up its $10 trillion bond market to foreign investors, in the latest liberalisation move by Beijing as it seeks to draw in more fund flows as it battles slowing economic growth.
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By AFP
New York -
Global stocks mostly tumbled on Wednesday, with the energy sector taking a beating as worries about excess supply and ineffectual OPEC policy hit oil prices.
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By AFP
Hong Kong -
The pound plunged almost two percent Friday as Prime Minister Theresa May looked set to lose her majority in Britain's general election, fuelling political uncertainty just days before the start of Brexit talks.
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Bitcoin is a currency just like the US dollar or Mexican peso. It's also back in the headlines for soaring in value. One bitcoin was worth $2,800 on May 25, up from $1,200 at the end of April.
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By AFP
New York -
Global stock markets rebounded Friday, recovering some of the heavy losses sustained earlier this week on worries about President Donald Trump's growth agenda in the wake of burgeoning investigations of the White House.
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By AFP
Hong Kong -
Asian energy shares rallied with oil prices Friday after the US launched missile strikes on Syria, fanning geopolitical concerns in the crude-rich Middle East and raising the prospect of friction with Russia.
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By AFP
Hong Kong -
Asian investors moved cautiously Friday following a Wall Street rally inspired by better-than-expected US economic growth data, while South Africa's rand plunged after President Jacob Zuma sacked his respected finance minister.
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