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Market Updates
US interest rates are likely to rise next month: Fed policymaker
Latest US interest rates were raised in December 2016 and again in March and June of this year.
China easing financial industry for foreign ownership
Under new rules announced on Friday (11 Nov 2017), foreign firms may own up to 51% in securities firms, investment managers and life insurance providers.
European markets post sharp losses
European stocks extended losses in afternoon trade on Thursday. This is due to mass reports of negative corporate earnings across sectors and industries.
Cryptocurrencies sinks on report suggesting China shutting down domestic exchange
Updated 28/9/2023: Bitcoin (BTC) trading at $4,163, expected to break through the sideways trading seen over the past 2 weeks.