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Tag Archives: #Asia_Daybook

A bitcoin frenzy like no other

South Korea’s crypto-craze and bull market blues in China. Here are some of the things people in markets are talking about. Korea’s Crypto-Craze As bitcoin surges past $13,000, so many South Koreans have embraced cryptocurrencies that the nation’s prime minister recently warned they could corrupt the nation’s youth. The craze has spread so far that bitcoin is trading at a premium of …

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Washington lashes out at Beijing

Washington criticizes Beijing over pace of economic liberalization, short sellers fuel China bond rout, and OPEC in agreement on oil output. Here are some of the things people in markets are talking about. Washington Rebuke; Tillerson on the Hot Seat (Bloomberg)-The Trump administration called on other major economies to find a united response to China’s slowing embrace …

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Bitcoin mania strikes: 5 things to know today in Asia

Bitcoin mania gets even more manic, Alibaba hits traders with a megabond, and warnings on Hong Kong real estate. Here are some of the things people in markets are talking about. Bitcoin Soars Past $11,000, Then Promptly Plunges   (Bloomberg)-Forget about $10,000. Bitcoin surpassed $11,000 just hours after hitting the five figure milestone. Yet before the U.S. session was …

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North Korea shatters the (relative) calm

North Korea launches an inter-continental ballistic missile, political progress on both sides of the Atlantic, and stocks surge. Here are some of the things people in markets are talking about. North Korean Fires ICBM While most in Asia were asleep, North Korea fired a ballistic missile in its first provocation since U.S. President Donald Trump labeled the …

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