Category Archives: News

Syria Sends Asian Shares Down, Oil Up

Asian stocks fell for a second day, Wednesday, while credit risk climbed and oil rose on concern the U.S. will take military action against Syria.  Jitters over a possible U.S.-led military strike knocked Asian equities to a seven-week low and pushed oil prices and safe-haven gold to multi-month highs. Continue reading

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Syria Sends Asian Shares Down, Oil Up

Asian stocks fell for a second day, Wednesday, while credit risk climbed and oil rose on concern the U.S. will take military action against Syria.  Jitters over a possible U.S.-led military strike knocked Asian equities to a seven-week low and pushed oil prices and safe-haven gold to multi-month highs. Continue reading

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Thailand Cuts Interest Rates

Thailand’s central bank voted unanimously yesterday to cut its 2.75% base rate by a quarter of a percentage point on Wednesday in an attempt to stem a sharp rise in the baht. Thailand is joining other Asian countries in setting a currency-devaluing precedent that may leave other emerging economies with little choice but to follow suit. Continue reading

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Thailand Cuts Interest Rates

Thailand’s central bank voted unanimously yesterday to cut its 2.75% base rate by a quarter of a percentage point on Wednesday in an attempt to stem a sharp rise in the baht. Thailand is joining other Asian countries in setting a currency-devaluing precedent that may leave other emerging economies with little choice but to follow suit. Continue reading

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Shanghai Leads Gains as Stocks Rise

Asian stocks rose and gold hit a near three-month high on Monday, extending a move started late last week when a steep drop in U.S. new home sales tempered expectations the Federal Reserve will soon reduce stimulus. Continue reading

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Shanghai Leads Gains as Stocks Rise

Asian stocks rose and gold hit a near three-month high on Monday, extending a move started late last week when a steep drop in U.S. new home sales tempered expectations the Federal Reserve will soon reduce stimulus. Continue reading

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Trump University Accused of Being a Fraud

A $40 million lawsuit was filed Saturday against Trump University, Donald Trump’s for-profit investment school. The New York state attorney general accused the University of engaging in illegal business activities. Continue reading

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Trump University Accused of Being a Fraud

A $40 million lawsuit was filed Saturday against Trump University, Donald Trump’s for-profit investment school. The New York state attorney general accused the University of engaging in illegal business activities. Continue reading

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Multiple Reasons for Dollar Demand

During the Asian trading session, the U.S. Dollar moved higher against the safe haven Japanese Yen as investors’ speculate that Japanese importers could find the greenback attractive. Continue reading

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Multiple Reasons for Dollar Demand

During the Asian trading session, the U.S. Dollar moved higher against the safe haven Japanese Yen as investors’ speculate that Japanese importers could find the greenback attractive. Continue reading

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