The Dow Jones industrial average burst through the 25,000 point mark Thursday, just five weeks after its first close above 24,000.
Manufacturing in China grew at a slightly slower pace in December than the previous month, a Chinese government survey showed Sunday, following government controls on bank lending.
After a banner year for US stocks, that saw the Dow hitting repeated records, Wall Street strategists predicted 2018 would see more moderate gains and increased volatility as markets retreated in the final session of 2017 on Friday.
The dollar suffered fresh pressure on Friday as traders cash in the recent gains fuelled by Donald Trump’s tax cuts, while Asian equities were on course to end a strong year in tepid fashion.
Tokyo stocks fell Tuesday on late profit-taking, with investors keeping to the sidelines as major global markets remained closed for the Christmas holidays.
The Israel Securities Authority said it is moving to ban trading in cryptocurrency-based companies on the Tel Aviv market until transactions involving digital coins are legally regulated.
NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT Group (TYO:9432), has announced the appointment of Stephen Tsang as the new Chief Revenue Officer (CRO) of NTT Com Asia, the company’s East Asia Headquarters in Hong Kong.
Sprout Solutions, the fastest-growing Filipino tech startup providing a complete suite of HR software tools specifically made for the Philippine business environment, gives back by supporting the country’s startup community through its series of free learning seminars called Sprout Academy.
Swedish clothing giant Hennes & Mauritz on Friday said sales fell below expectations in the fourth quarter and it would close more stores as customers increasingly prefer to shop online.
US prosecutors have charged a New York woman with using Bitcoin and other crypto-currencies to send funds to the Islamic State group.