Market Updates

25 May 2018

North Korea ready to talk at any time

North Korea said it is willing to talk with US President Donald Trump after the later abruptly cancelled the June 12 summit with leader Kim Jong Un. Vice-foreign minister Kim Kye-Kwan stated that Trump’s decision was “extremely regrettable,” while Trump has accused North Korea of “tr [...]

24 May 2018

Fed to allow inflation run above 2 percent

The Federal Reserve released its May meeting minutes on Wednesday, indicating it will let inflation briefly run above their 2 percent target as the economy continues to recover. According to the minutes, “it would likely soon be appropriate for the Committee to take another step in removin [...]

23 May 2018

Trump casts doubt on June summit with Kim

U.S. President Donald said Tuesday that there’s a “substantial” chance that historic June summit with North Korean leader Kim Jong Un “may not work out.” Trump made the remark after he met with South Korean president Moon Jae-in for discussions ahead of the summit scheduled in Sing [...]

22 May 2018

Zuckerberg to testify to Europeans

Facebook chief Mark Zuckerberg has agreed to testify in the European Parliament Tuesday, where he is set to acknowledge that the tech giant did not do enough to prevent “harm.” European Parliament’s President Antonio Tajani has tweeted that the meeting would be live-streamed. The socia [...]

21 May 2018

Bitfinex to handle customer data to government

The fourth largest crypto exchange Bitfinex is now working hand-in-hand with the government of the British Virgin Island in an attempt to clamp down on bitcoin tax evaders, according to reports. Bitfinex has made it clear that clients must send in their tax information, to give it to the Bri [...]