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Oil Rises and Shares Drop in Asia Owing to Geopolitical Tensions


For most of the year so far, the capital markets in different parts of the world have been disrupted by uncertainty due to geopolitical tensions. The biggest geopolitical issue that has spooked the markets for the entire year so far has been the trade war between the United States and China. When...

Alibaba and Tencent Refuse to Share Loan Data Information with Beijing


As everyone knows, a credit system is something that almost all countries need to have, and it is a hugely important tool that helps in keeping the consumer credit market as strong as possible. To that end, the Chinese central bank launched a private credit score company named Baihang in 2018. That...

Changes Afoot for Philippine Crypto-Friendly Economic Zone


The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also...

Looming Economic Slowdown Likely to Force FED to Cut Interest Rates


Over the course of the year, the global economy has given even indications that a slowdown might be looming and naturally, central banks have been urged to cut interests in order to stimulate growth. Many central banks across the world have cut interest rates. Last time around, the United States...

Binance's First Strategic Investment in China + 11 More Crypto Briefs


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investment news Major crypto exchange Binance has made its first strategic investment in China as it has joined a funding round...

As Global Economy Weakens, Federal Reserve All Set for Stimulus Pump


It has been clear for quite a while that the global economy has been weakening for the past few months, and there has been a lot of speculation regarding the possible solutions to the impending trouble. The trade war between the United States and China is definitely one of the reasons behind...

At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows


In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession....

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