Asian shares slip; German, Korean data hurt risk appetite

TOKYO (Reuters) – Asian shares slipped on Thursday as a surprise deterioration in German and South Korean economic data rekindled fears of slowing global growth, while oil prices pulled back slightly after a sharp run-up earlier in the week. The Japanese yen weakened marginally to near 112 a dollar after the Bank of Japan kept policy unchanged at a review […]

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Asian shares up after Nasdaq, S&P 500 hit record highs

SHANGHAI (Reuters) – Equity markets in Asia rose on Wednesday morning after upbeat earnings helped the Nasdaq and S&P 500 indexes reach record closing highs on Wall Street overnight, while oil retreated from its near six-month highs. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early trade in Asia. The gains followed a strong performance […]

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Asian shares up after Nasdaq, S&P 500 hit record highs

SHANGHAI (Reuters) – Equity markets in Asia rose on Wednesday morning after upbeat earnings helped the Nasdaq and S&P 500 indexes reach record closing highs on Wall Street overnight, while oil retreated from its near six-month highs. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early trade in Asia. The gains followed a strong performance […]

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Experts Weigh In: Could Bitcoin Hit $6,000 This Month?

Bitcoin (BTC) has pushed far above the $5,200 mark, setting a new high for this year. The leading cryptocurrency continued to exceed expectations this week, and its trajectory shows no sign of slowing as the American trading day gets underway. The BTC price gained more than $300 since this morning. At the time of writing, it had just reached $5,600. […]

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Stocks splutter as oil races to near six-month high

LONDON (Reuters) – Oil prices jumped to near six-month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher but largely failing to help the currencies of the main crude-oil producers. News that the U.S. had told buyers of Iranian oil to stop purchases by May 1 or face sanctions pushed Brent toward […]

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Asian shares steady after Easter weekend; oil hits 2019 highs

TOKYO (Reuters) – Asian shares were little changed on Tuesday, hovering not far from nine-month peaks hit last week, with concerns China may slow the pace of policy easing curbing the market’s enthusiasm. MSCI’s broadest index of Asia-Pacific shares outside Japan was almost flat, while Japan’s Nikkei average eased 0.2 percent. Many markets around the world remained shut on Monday […]

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Asia stocks firm, oil hits 5-month peak on Iran sanctions report

TOKYO (Reuters) – Asian shares were steady on Monday as investors took stock of recent data suggesting global growth may be stabilizing, while oil prices spiked on a report the U.S. is likely to ask all importers of Iranian oil to end their purchases or face sanctions. Brent futures rallied to a five-month high, after the Washington Post said U.S. […]

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Lyft might eventually make money — but it could take 7 years to get there, analyst says

Lyft, the ride-hailing app that went public last month,lost $911 million last year. One analyst who initiated coverage of the stock this week said the company could eventually turn a profit, but that it could take seven years. The question of profitability, along with stiff ride-hailing competition, lies at the heart of many analysts’ concerns about Lyft’s viability in the […]

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The Weird and Wonderful Relationship Between Crypto Market Cap and Volume

The relationship between a coin’s market cap and its volume is not linear. This is where cryptocurrency markets differ from traditional stock markets, which have clearer tendencies toward a correlation. The immaturity of the cryptocurrency market and the inefficiencies of the current exchange model are likely at the heart of the discrepancy: but the centralization of crypto assets in a […]

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