The China stock market has finished lower in four straight sessions, plummeting more than 200 points or 6 percent in that span. The Shanghai Composite Index now sits just above the 3,200-point plateau although its expected to open to the upside on Tuesday. The global forecast for the Asian markets is positive, with technology stocks...
The Indonesia stock market on Monday wrote a finish to the three-day winning streak in which it had advanced almost 130 points or 1.8 percent. The Jakarta Composite Index now sits just above the 7,080-point plateau although its expected to find renewed support on Tuesday. The global forecast for the Asian markets is positive, with...
Asian stocks were mostly higher on Tuesday after a rally in technology shares boosted Wall Streets main indexes overnight. The dollar index edged higher in Asian trade, after having fell as much as 1 percent during intraday trading on Monday. Treasuries were little changed after the yield on the 30-year note climbed to the highest...
The euro area manufacturing sector continued to shrink in December on accelerated contractions in both orders and output, final data compiled by S&P Global showed on Thursday. The HCOB manufacturing Purchasing Managers Index fell slightly to a three-month low of 45.1 in December from 45.2 in November. The flash reading was 45.2. Demand for euro...
The commodity currencies such as Australia, the New Zealand and the Canadian dollar strengthened against their major currencies in the Asian session on Thursday amid the crude oil price rise as investors focused on a revival in Chinas economy and fueled demand when they returned from holidays following the promise by the Chinese President Xi...
Asian stocks started the New Year on a subdued note after an otherwise stellar 2024 for global equity markets. Reginal markets succumbed to selling pressure today after U.S. stocks slipped Tuesday, closing 2024 with an uncharacteristic down note after a roaring year of trading. The S&P 500 and Nasdaq 100 indexes dropped for a fourth...
Gold-backed stablecoins are gaining traction as a trusted alternative to fiat-backed digital assets in global markets.USDKG’s launch and U.S. policy shifts reflect growing interest in gold-linked stability over dollar reliance. Just a few years ago, the idea of a digital currency backed by precious metals might have sounded like a quaint idea from a sci-fi...
The XRP Ledger is a unique protocol with 5 distinct positive features.Top analyst names XRP one of the most innovative digital currencies around. The fourth largest cryptocurrency, XRP, has been operating on the frontline in the global crypto ecosystem for years. Over the years, the coin has attracted both strong supporters and skeptics. In a...
A popular XRP critic has predicted that the asset could record an explosive surge to trade above $20 this cycle. However, the XRP community has questioned his sudden u-turn after recently predicting that the asset would crash to zero. A renowned analyst known as Davinci Jeremie has predicted that XRP is on course for a bullish...
Cuy Sheffield led Visa’s crypto initiative by partnering with firms to bring stablecoin payments into daily use.He believes crypto can empower unbanked communities through accessible and simplified blockchain tools. Cuy Sheffield never dreamed that he would one day become the face of crypto adoption at one of the world’s largest payments companies. But like many...