Asian Stocks Post Huge Rally After U.S., China Exchange ‘Goodwill Gestures’ – CCN.com

Trade hopes fuel risk-on rally in Asian equities on Friday. | Image: Shutterstock Asian stocks advanced on Friday after an apparent thawing in U.S.-China trade tensions fueled investors’ appetite for riskier assets. In the process, the Chinese yuan stabilized at three-week highs against the U.S. dollar. Asian Market Update Markets across the Asia-Pacific region reported […]

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Powerful Indian Tech Lobby Blasts Government’s Proposed Cryptocurrency Ban

India’s trade association for the information technology sector has criticized a proposal by a government committee to ban cryptocurrencies, Business Standard reports. According to the National Association of Software and Services Companies (Nasscom), regulations for the cryptocurrency sector are preferable to a ban. This is because, in Nasscom’s view, a ban will only hurt the […]

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