DOJ Arrests Huawei CFO for Trade Theft Two years after Huawei’s Chief Financial Officer Meng Wanzhou was arrested for spying on American intelligence, she got caught again. This adds 16 counts of conspiracy and racketeering charges against her. The DOJ accuses the company of almost 20 years of efforts to steal intellectual property from US …
DOJ Arrests Huawei CFO for Trade Theft | Wibest Broker Read More »
The euro plummeted on Wednesday. The downfall was caused by the data showing eurozone manufacturing output plunged more than expected in December. That means fourth-quarter eurozone gross domestic product data, which is due on Friday, may also bring bad news. Meanwhile, the dollar stays high. It traded at $1.0872 per euro. The dollar’s price gained …
Euro Falls while Pound steadies, Asian Currencies in the Red Read More »
For the last couple of days, the coronavirus outbreak caused serious problems as the death toll surpassed 1,000. Moreover, this virus already disrupted supply chains for companies around the world. Chinese stocks declined due to the ongoing situation. The Shanghai Composite fell 0.71% to about 2,906.07. Meanwhile, the Shenzhen component dropped 0.7% to 10,864.32. The …
U.S. authorities, more precisely U.S. Internal Revenue Service (IRS), updated its webpage. This routine decision at first glance contains good news for online gamers. They removed parts of the crypto tax disclosure guideline which classified game tokens as cryptocurrencies. The U.S. Government Accountability Office (GAO) stated that the IRS was not doing enough when it …
U.S. Internal Revenue Service and Crypto Tax Reporting Read More »
Coronavirus outbreak remains one of the most important challenges for the stock markets in Asia as well as around the world. The ongoing Coronavirus outbreak is different from the SARS outbreak as the death toll already surpassed 1,000. Investors are closely monitoring the situation. This virus created pressure on the stock markets, and it will …
Stocks Across Asia Fell Due to New Coronavirus Cases Read More »
FC Barcelona is a famous football club. Moreover, the fourth most valuable sports team in the world. Lionel Messi and his teammates won many titles. It is not surprising that FC Barcelona makes a lot of money. Recently, the world-famous club partnered with fintech platform Chiliz to create a blockchain-based token for the sports franchise. …
Coronavirus is affecting the global economy. But for India, it’s both: a threat and an opportunity. Deadly virus fears caused the Chinese government to ban inbound flights. Moreover, most of the airlines suspended flights to China. Among the sectors which stopped operating in China was international mail too. World postal union suspects that the suspension …
Chinese virus has a two-sided effect on India’s commodities Read More »
The forex trading market fluctuated ever since China reported new data about coronavirus. According to Hubei, there are 14,840 new cases as of Feb. 12, up from 1,638 new cases on Tuesday. The number of deaths in the province increased sharply from 242 to 1,310. After such concerning news, the Chinese Yuan and the Australian dollar …
Yen soared while Yuan and Aussie fell. What about dollar? Read More »
Gaming companies as platforms need to deviate from political discourse, says Epic Games CEO Tim Sweeney at the DICE Summit. Sweeney was the spotlight speaker at the largest video game gathering in Las Vegas yesterday. To clarify, he explained these companies “have no reason to drag divisive topics” into the industry. Similar to a separation …
Epic Games CEO Sweeney: Companies, Stay Away from Politics Read More »
Southeast Asia’s third-largest economy grew by 3.6% in the fourth quarter of 2019. As a result, Malaysia’s economic growth fell to the lowest point in 10 years. Bank Negara Malaysia (BNM) is ready to tackle this problem. Bank’s Governor Nor Shamsiah Mohd Yunus stated that bank the opportunity to adjust interest rates. According to the …
The Israeli Securities Authority has released a draft with a proposition conferring the forex trading. According to the document, those companies trading forex in Israel must publish client losses publicly. The government stated it wants to help people better evaluate the risks before committing to the companies. The draft is open for public comment. The …
Israel wants Public Exposure from Forex Trading Companies Read More »
Stock markets around the world are trying to deal with the coronavirus outbreak. Two days ago, the S&P 500 closed 0.2% higher at 3,357.75. Meanwhile, the Nasdaq composite gained 0.1% to end its trading day at 9,638.94. The Dow Jones Industrial Average increased as much as 138 pints. However, at the end of the trading …
North Korea is the most isolated country in the world, and it retains this status for decades. For more than 70 years, the Kim dynasty rules this country. The current leader of North Korea, Kim Jong-un, is the grandson of Kim Il-Sung who was the founder of North Korea. According to U.N. experts, the country …
Mahmoud Vaezi, the Customs service office spokesman in Iran, told reporters that weather conditions this year have been favorable for the cultivation and production of rice. The country must make sure that a sufficient amount of cheap rice is available. Following this, Iran may cut imports of rice from other countries. According to the official, …
Iran Wants to Stop Importing Rice from India and Pakistan Read More »
On Wednesday, stocks in Asia strengthened their positions despite coronavirus. For example, the Shenzhen component rose 1.6% to close at 10,940.80. It is worth mentioning that mainland Chinese stocks reached the best results in the region. The Shenzhen composite added 1.554% to end its trading day at about 1,785.33. At the same time, the Shanghai …
Stocks in Asia and U.S. Increased Despite Coronavirus Read More »
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
