Ethereum hit another all-time high Wednesday with the cryptocurrency now up more than 60 percent in a week. The digital currency hit a record high of $1,417.38 before paring some of those gains, according to CoinDesk, a website that tracks the prices of the digital currency. Ethereum is up over 13,000 percent in the last […]
Read moreSouth Korean President Moon Jae-in credited U.S. President Donald Trump on Wednesday for helping to spark the first inter-Korean talks in more than two years, and warned that Pyongyang would face stronger sanctions if provocations continued. The talks were held on Tuesday on the South Korean side of the demilitarized zone, which has divided the […]
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Macron's China visit points to Beijing's shifting relationship with Europe
As French President Emmanuel Macron wrapped up his first official visit to China, there are signs that Beijing’s relationship with Europe is shifting. The French politician’s first official visit to China is notable for coming as other leaders of the Western world struggle domestically. In fact, Macron appeared as “perhaps the leader of Europe at […]
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European markets seen mixed ahead of earnings; oil hits three-year highs
European equities are set for a mixed open Wednesday morning as investors watch out for corporate earnings and fresh data. The FTSE 100 is set to start up by 0.1 points at 7,724; the DAX is expected to open down by 6 points at 13,378 and the CAC 40 is seen up by 2.4 points […]
Read moreNext month could see North and South Korean athletes marching together at the Olympics for the first time in over a decade — following a year of escalating hostilities over Pyongyang’s nuclear and missile program. But once the Games are done, many fear North Korean dictator Kim Jong Un will resume his belligerence. That’s where […]
Read moreChinese logistics company ZTO Express said Tuesday the allegations by a U.S. pension fund that it exaggerated its profit margins have no merit. The company was sued by Birmingham Retirement and Relief System. The pension fund alleged that ZTO left out certain low-margin business segments from its financial statements in order to inflate overall profit […]
Read more“I’m here to see the robot strippers?” That was me, Monday night, walking into a Las Vegas strip club in hopes of finding one of the more bizarre forms of entertainment near the Strip: A pair of pole-dancing robots I’d read about in an International Business Times article earlier that day. The robots were an […]
Read moreThe Federal Reserve’s inflation target is expected to remain out of reach in 2018, leaving the central bank disappointed for yet another year, Swiss bank UBS said Tuesday. Inflation in the U.S. is forecast to end the year at around 1.7 percent, below the Fed’s target of 2 percent, the bank’s chief U.S. economist Seth […]
Read moreSouth Korean President Moon Jae-in said on Wednesday denuclearizing the Korean peninsula is an aim that cannot be abandoned, but also that he did not want the immediate reunification of North and South Korea. “The denuclearization of the Korean peninsula the two Koreas agreed upon jointly (in the past) is our basic stance that will […]
Read moreChina’s consumer inflation accelerated to 1.8 percent in December, official data showed on Wednesday. The consumer price index (CPI) had been expected to rise 1.9 percent from a year earlier, compared with an increase of 1.7 percent in November. The producer price index rose 4.9 percent from a year earlier, compared with the previous month’s […]
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