Markets News
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By AFP
London -
World markets slumped Thursday as the arrest of a top executive at Chinese telecoms giant Huawei raised doubts over the recent trade truce agreed by US President Donald Trump and Chinese counterpart Xi Jinping.
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By AFP
New York -
Plunging oil prices and a weakened Boeing knocked the wind of out Wall Street on Tuesday, ending hopes of a quick rebound from Monday's sell-off.
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By AFP
Apo -
Some Asian stock markets opened in the red Friday, but losses were relatively muted as traders took a breather after a global rout sparked by fears over higher US interest rates.
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By AFP
London -
A global stock market downturn worsened Thursday as investors, spooked by a plethora of economic woes, dumped shares that suddenly looked dangerously overvalued.
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By AFP
Fpo -
Asian stocks began Wednesday mixed after a volatile session for US equities and as yields on Treasury bonds retreated from a seven-year peak.
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Counterfeit goods, especially for luxury brands, are unknowingly purchased by consumers in high volumes. In terms of a solution, a new company, Bonafi, has created a way to protect consumers by using blockchain.
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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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