Tag Archives: asia

Stock Losses Deepen in Asia With Oil Below $40; Won, Kiwi Weaken

Asia stocks extended their drop as oils selloff revived concerns over global growth and after Japans fiscal stimulus package fell short of what some investors had expected. High-yielding currencies retreated. Japans Topix index slipped for a third day after the yen, which typically moves at odds with local shares, jumped 1.5 percent last session. Crude halted losses below $40 a barrel before an update on U.S. oil inventories, while gold was near its highest price since July 11. The Korean won weakened with the Malaysian ringgit as […]

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Why the world should worry about North Korea’s cyber weapons

(CNN)North Korea’s hackers have been accused of carrying out some of the most audacious cyber attacks of the past few years, from siphoning millions of dollars to stealing state secrets. Analysts say cyber capabilities have become a key asset in North Korea’s war chest, used for a wide range of purposes including hacking adversaries like South Korea and pilfering money. Pyonyang’s increasingly bold attacks in the virtual space have come in tandem with the hermit nation’s rapidly progressing ballistic missile and nuclear programs. “North Korea’s cyber weapons […]

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Asia Stocks Mixed in Subdued Trading; Yen Declines: Markets Wrap

Stocks in Asia were mixed in subdued trading as investors deferred placing bets following the recent run-up to record highs and ahead of a Federal Reserve meeting this week. The yen fell to its lowest in a month. Equity benchmarks fluctuated in Tokyo and were little changed in Sydney and Hong Kong. Volumes were at least 20 percent below their 30-day average on the Nikkei 225 Stock Average and the Kospi index. Data showed hiring increased by more than forecast in November and the unemployment rate held […]

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New Bitcoin ATMs

A new step for Bitcoins, a Bitcoin ATM is coming out and this time in Asia. This new ATM will be based in Hong Kong , more specifically Mongkok area, and according to the operators it will be functional by the March-April time period. The adapters of this new Bitcoin ATM concept announced they will be offering the best Bitcoin price through a partnership with Bitcashout.com an established exchange. The ATM will provide a comfortable user-end, fast transactions, and security to provide the most customer-friendly service. This […]

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