June 21, 2019

S&P 500 hits all-time high on trade optimism

The S&P 500 touched a record high for the second straight session on Friday as hopes of trade talks between Washington and Beijing were lifted by […]
June 21, 2019

Global money-laundering watchdog launches crackdown on cryptocurrencies

Cryptocurrency firms will be subjected to rules to prevent the abuse of digital coins such as bitcoin for money laundering, a global watchdog said on Friday, […]
June 21, 2019

Oil gains after Iran tensions, stocks at seven-week highs

Oil prices built on recent gains on Friday on fears any U.S. military attack on Iran would disrupt flows from the Middle East, while a gauge […]
June 21, 2019

Two Fed policymakers sound inflation alarm, call for rate cuts

Two U.S. central bankers on Friday sounded the alarm on sluggish U.S. inflation and called for immediate action in response, in what amounted to a broadside […]
June 21, 2019

European central bankers claim oversight over Facebook’s cryptocurrency

Three European central bankers are claiming oversight over Facebook’s planned virtual currency to ensure it will not jeopardize the financial system or be used to launder […]
June 21, 2019

Futures slip after strong rally as Iran tensions rise

U.S. stock index futures dipped on Friday, after a strong rally in the prior session that helped the S&P 500 hit a record high, as rising […]
June 21, 2019

Brent oil up 6% in one week on fears of U.S. attack on Iran

Brent oil rallied above $65 per barrel and was set to notch up a 6% gain this week on fears of a U.S. military attack on […]
June 21, 2019

Huawei says shipped 100 million smartphones this year as of end-May

Huawei Technologies said on Friday it has shipped 100 million smartphones this year as of May 30. Powered by WPeMatico
June 21, 2019

Foxconn picks chip-unit head for chairman, as Gou seeks Taiwan presidency

Apple Inc supplier Foxconn chose chip-unit boss Liu Young-way as chairman on Friday to succeed Terry Gou, who is preparing to contest Taiwan’s presidential elections next […]
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