Author: WTX Business Team

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Bitcoin surged on Monday, recovering more than $1,000 after losing almost a third of its value in less than four days as traders bought back into the volatile cryptocurrency. Bitcoin tumbled in the second half of last week, falling as low as $5,555 on the Luxembourg-based Bitstamp exchange on Sunday, a slide of almost 30 percent from a record high just shy of $7,900 on Wednesday. It rebounded on Monday, trading up more than 14…

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President Xi Jinping sent a strong message of pursuing open global economies, supporting free trade and building a multilateral trade system in a highly anticipated speech delivered at the APEC CEO Summit in Vietnam on Friday. He called economic globalisation an irreversible historical trend, telling the business leaders from the Asia-Pacific region who had gathered in coastal Da Nang, “In pursuing economic globalisation, we should make it more open, more inclusive, more balanced, more equitable…

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