OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Bitcoin Mining Undergoes Change as US Tops China
The crackdown of the Chinese government on the crypto industry in the country seems to have benefited the US the most, at least thus far as the US has been able to quickly grasp what…
SparkPool Mining Shuts Down Amidst Crypto Ban in…
The latest round of crypto ban in China has taken its most recent toll as the second largest Ethereum mining pool in the world, SparkPool has decided to shut up shop. Etherminer is the largest…
DMCC Welcomes 805 New Companies in First Half…
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – today announced that 805 new member companies joined the business district in the first half of 2020,…
DMCC Strengthens Dubai-China Trade Ties Through Diamonds
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – announced the signing of a Memorandum of Understanding (MoU) with the Guangzhou Diamond Exchange (GZDE), establishing a…
Asian Markets Rally On Trump’s Mute Response to…
[caption id="attachment_364729" align="alignleft" width="300"] Asian markets rally[/caption] Asian markets rally on Monday morning after President Trump on his announcement last Friday left the trade deal with China intact, and he didn't impose any sanctions on…
Asian Stocks Higher on Improved Sentiment
[caption id="attachment_365147" align="alignleft" width="300"] Asian Stocks Higher on Positive Data from China[/caption] Asian markets finished higher after positive economic data from China. China's exports drop 6.6% in March below the expectations of 14%. Chinese Imports…
Risk-Off Returns to Markets, Stocks Slump
[caption id="attachment_364649" align="alignleft" width="300"] Manufacturing PMI[/caption] Asian indices finished lower, after mixed economic data and as the coronavirus fears returned to markets. The good news came out from China with stronger than expected manufacturing PMI…
Asian Stocks Drop on Worries about the Coronavirus…
Asian indices finished sharply lower amid worries about the coronavirus spread in China and after Moody's downgraded Hong Kong's credit rating. Stocks retreat from 20-month highs. Investors sentiment the last trading sessions supported by the…