Category Archives: News

Trump threatens to tax European auto imports

U.S. President Donald Trump kept up pressure on trading partners on Saturday, threatening European automakers with a tax on imports if the European Union retaliates against his plan to slap tariffs on aluminum and steel. Trump’s tweet suggested he is

Putin: Our new weapons ‘easily’ beat anti-missile systems — but this is no Cold War

Less than a day after announcing a slew of new defense systems, Russian President Vladimir Putin in an exclusive interview with Wall Street news denied accusations that his country wants to spark a new Cold War. Those accusations directed at Russia came

Bitcoin edges lower, then pares some losses, after news that SEC is probing cryptocurrencies

  Bitcoin slipped on Wednesday following news that the U.S. securities and exchange commission is probing the cryptocurrencies market. The Wall street journal reported Wednesday evening ET that, as part of that investigation, the SEC has issued “scores of subpoenas”

Asia shares rebound as fidgety U.S. rate fears shift again

SYDNEY (Wallstreetnews) – Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United States, while the dollar ticked higher as investors dipped their toes back into riskier assets. Indications

Is now the time to invest in South Africa?

South African President Cyril Ramaphosa says his country is entering “a new era” following the ouster of his scandal-plagued predecessor, Jacob Zuma. Investors appear to agree. The country’s benchmark stock index has surged 5% since Zuma stepped down late Wednesday.

UK and US blame Russia for ‘malicious’ NotPetya cyber-attack

The Russian military was directly behind a “malicious” cyber-attack on Ukraine that spread globally last year, the US and Britain have said. The White House said June’s NotPetya ransomware attack caused billions of dollars in damage across Europe, Asia, and

Dow climbs 253 points as stocks rise for 4th straight day

Stocks rose for the fourth day in a row. The Dow climbed 253 points Wednesday, and it’s back in positive territory for the year. Investors shrugged off warning signs about inflation. The Labor Department reported consumer prices rose 2.1% over

Can the US rejoin TPP? Yes — with permission

Withdrawing from the 12-nation Trans-Pacific Partnership was one of President Donald Trump’s first moves in office. The deal had been cast aside by Congress and had been, politically, left for dead. In an interview with CNBC in Davos on Thursday, Trump

South Korea to ban cryptocurrency traders from using anonymous bank accounts

  South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, the nation’s financial regulator said on Tuesday. Local cryptocurrency traders will not be allowed to make deposits into their virtual coin exchange wallets

US stock futures fall on the government shutdown

Stock futures fell on Sunday as the U.S. government remained shut down. Dow Jones industrial average futures declined 32 points and briefly fell as much as 101 points. S&P 500 and Nasdaq 100 futures drop 3 points and 5 points,