Last week was full of challenges for the stocks across Asia-Pacific. As a reminder, stocks fell on July 16. Nevertheless, on Friday, stocks mostly saw gains despite U.S.-China tensions. Mainland Chinese stocks strengthened their positions on July 17. The Shanghai Composite gained 0.13% to about 3,214.13. In the meantime, the Shenzhen Component gained 0.913% to …
U.S.-China Relations, Stocks, and Investor Sentiment Read More »
South Korean tech giant Samsung continues to expand its services. For example, Samsung device users will be able to securely store private keys associated with their Stellar blockchain wallet. Several days ago, the non-profit organization Stellar Development Foundation made an important announcement. The Stellar Development Foundation announced the integration of Stellar into the Samsung Blockchain …
South Korean Tech Giant and Stellar Blockchain Wallet Read More »
Stocks in the Asia Pacific fell on Thursday. However, on the next day stocks mostly saw gains despite U.S.-China tensions. Let’s have a look at the stocks. As stated above, stocks in Asia including Chinese stocks fell on July 16. However, mainland Chinese stocks saw gains on Friday. For example, the Shanghai Composite gained 0.13% …
On July 17, Stellar Development Foundation made an announcement that would please a lot of people in the world. The non-profit organization announced the integration of Stellar into the Samsung Blockchain Keystore. Importantly, this integration will allow Samsung device users to be able to securely store private keys associated with their Stellar blockchain wallet. This …
Stellar Development Foundation and Blockchain Keystore Read More »
The U.S. dollar held onto gains against most currencies on Friday. Traders are worrying that a surge in the coronavirus is starting to curb economic activity. Negative sentiment drew safe-haven flows into the U.S. currency. The euro also soared due to the hopes that European officials will agree on fiscal stimulus measures at a new …
U.S. dollar rallied against Yen, Sterling and Swiss franc Read More »
The US Federal Bureau of Investigation (FBI) has opened an investigation into Wednesday’s unprecedented Twitter attack. It has resulted in numerous takeovers of high-profile accounts belonging to politicians, business leaders, and corporations, according to reports. The investigation is concerned that the coordinated attack and the vulnerabilities it exposed in Twitter’s systems may pose serious security …
The FBI Opens Investigation to Probe Twitter Attack Read More »
Airlines around the world are struggling to cope with the economic impact of the coronavirus pandemic. For several months, even the busiest airport suffered losses due to restrictions imposed by governments. Moreover, many people are not willing to fly, as they are trying to avoid crowded places. It is hard to blame them, as coronavirus …
American Airlines and JetBlue Formed a Partnership Read More »
Iraq is cutting oil sales to some refineries in Asia and Europe. This is along with its commitments under the OPEC Plus agreement on production cuts. The Iraqi state oil company, SOMO, is responsible for marketing Iraq’s oil. It has informed at least six customers in Asia that their request for oil supply next month …
The Euro declined by 0.1% to $1.1401 on Thursday. The ECB left monetary policy was unchanged at its last meeting. The central bank has taken unprecedented measures over the past four months to help the economy fighting pandemic effects. However, the Euro shrugged off the outcome of the last European Central Bank meeting, remaining mostly …
The Euro and the British Pound ended in the red on Thursday Read More »
It has been a historical day for china’s biggest chipmaker SMIC. Let’s have a look at this historical event. Its shares soared nearly 202% on its first day of trade in Shanghai. The shares sale is an important moment not only for the company but for the domestic semiconductor industry in general. Moreover, the trade …
Cryptocurrencies have the potential to solve some of the issues connected with fiat currencies. Fintech firm Revolut offers transparent fees. In general, users can only trade within Revolut. Consequently, they can not send or receive crypto from third-party wallets. Notably, this fact will give it an advantage over Kraken, Coinbase, and others. This is not …
Revolut, American Customers, and New Opportunities Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPAUD The Australian dollar slightly loses its steam thanks to the alarming number of jobless people recorded by the antipodean country. Despite that, the British pound to Australian dollar exchange rate is widely projected …
The dollar soared by 0.2% to 107.10 against the safe-haven Japanese yen on Thursday. The greenback strengthened as traders focused on poor Chinese retail sales instead of its stronger than expected economic growth in the past quarter. However, the focus is now shifting more to the European Union summit this weekend. On Thursday, the euro …
U.S. dollar strengthened while other currencies declined Read More »
FXCM UK is a wholly-owned subsidiary of Forex Trading, LLC. It is a part of the FXCM Group, LLC. This foreign exchange and contracts for difference (CFD) broker are under the regulation of the Financial Conduct Authority (FCA). FXCM UK posted a loss of $1.04 million for 2019, according to the document filed through UK …
It was a difficult day for the stocks in the Asia Pacific, investors reacted to the information about the economic data than came from China. Importantly, mainland Chinese stocks led losses among the region’s main markets. The Shanghai Composite fell 4.5% to about 3,210.10. At the same time, the Shenzhen Component dropped 5.372% to end …
China’s Biggest Chipmaker SMIC and its First Day of Trade Read More »
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