London copper prices edged up on
Wednesday after touching a three-week low earlier in Asian
trading, but a deepening trade row between China and the United
States capped any recovery in risk appetite.
Seoul-based virtual currency exchange Bithumb has been hacked and 35 billion won worth of virtual currency held at the exchange stolen, the exchange said on Wednesday. Bithumb said in a notice on its website that it has stopped all trading after ascertaining "some cryptocurrencies worth about 35 billion won have been seized between late yesterday and early morning today."
By Jacob M. Schlesinger and Vivian Salama. WASHINGTON-- The Trump administration is dialing up its rhetoric against Chinese trade practices, accusing Beijing in a report released Tuesday of waging a systematic campaign of "economic aggression." The release of the paper comes a day after President Donald Trump touched off a new phase of market turmoil by threatening expanded tariffs on Chinese imports.
* USD/JPY bounce from 8-day low, back above 110.00. * U.S. yields off 3-week lows as risk aversion eases. * Prospect of worsening U.S.-China trade feud still cap USD/JPY. * Euro sags after dovish-sounding ECB Draghi. By Shinichi Saoshiro.
Australia's largest telecom firm Telstra Corp Ltd said it would cut a quarter of its workforce and flagged asset sales on Wednesday, as competition and new technology crush its mainstay fixed-line businesses and force a strategic reset.
The following are the top stories on the business pages of British newspapers. The Times. BT Group Plc is braced for a shareholder revolt over the choice of KPMG as its new auditor after damning reports about the Big Four accountancy firm.
Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the specter of a U.S.-China trade war drove down bond yields, and share and commodity prices. The improved risk appetite pushed the yield on benchmark 10-year Treasury notes higher to 2.9004 percent compared with its U.S. close of 2.893 percent on Tuesday.
Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the spectre of a U.S.-China trade war drove down bond yields, and share and commodity prices. The improved risk appetite pushed the yield on benchmark 10-year Treasury notes higher to 2.9004 percent compared with its U.S. close of 2.893 percent on Tuesday.
Venezuela on Tuesday tapped industrial engineer Calixto Ortega as the country's new central bank chief as it struggles amidst a hyperinflationary collapse of the national economy. Ortega has served as vice president of finance at Citgo, a U.S. refiner owned by Venezuelan state oil company PDVSA, according to Citgo's website.
Miami, FL, June 19, 2018 -- June 19, 2018 -- Bitfi, a global payments technology company working to enable businesses and consumers to participate in the digital currency economy, today announced Bitfi Wallet the first unhackable, open source hardware wallet with an accompanying dashboard that features wireless setup and support for many popular cryptocurrencies and crypto assets, including M...
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