Search Results for: asia
Yen Rose, Euro Was Little Changed, Dollar Headed For Its First Weekly Loss
December 15th, 2017
Stocks in Asia declined and the dollar headed for its first weekly loss this month as investors assessed messages from Federal Reserve and European Central Bank meetings this week and concerns about the Republican tax overhaul package lingered. Hong ...
BDO’s Global Revenues Pass US$8 Billion
December 14th, 2017
BDO announced its global financial results for the year ended 30 September 2017, a total combined fee income* of US$ 8.1 billion / € 7.4 billion, representing a year on year growth of 8%, at constant exchange rates. BDO’s ...
Interactive Brokers LLC pays $250,000 penalty
December 14th, 2017
Interactive Brokers LLC (‘Interactive’) has paid a penalty of $250,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (‘the MDP’). The MDP found it had reasonable grounds to believe that Interactive had breached ...
Yen Fell 0.1 Percent, Euro Was Steady, Pound Rose; Chinese shares declined
December 14th, 2017
Chinese shares declined after a surprise hike in short-term interest rates by China’s central bank, though there was little impact more broadly in Asia as investors digested the Federal Reserve’s latest rate increase of its own, and an updated ...
Forget bitcoin, its fourth-biggest rival is up nearly 5,800 percent this year
December 13th, 2017
Litecoin, the fourth-largest cryptocurrency in the world by value, has hit a record high and rallied nearly 5,800 percent this year, beating rival bitcoin’s rise. The price of litecoin reached an all-time high of $255.42 on Tuesday, according to industry website ...
Australian Dollar Jumped, Euro Was Steady; Key Financial Events In The Coming Days
December 5th, 2017
The Australian dollar jumped on stronger-than-expected retail sales data and comments on inflation from the central bank. Stocks in Asia traded mixed as investors assessed gains spurred by the passage of the U.S. tax cuts in the Senate that ...
The U.S. dollar bounced to a two-week top
December 4th, 2017
The U.S. dollar bounced to a two-week top on Monday and S&P futures jumped as traders marked the passage of a Senate tax bill over the weekend, a move that raises the risk of more aggressive rate hikes in ...
Monetary update for the dollar
December 1st, 2017
A dispassionate look at the quantities and flows of fiat dollars tells us much about the current state of the US economy, and therefore prospects for the dollar itself. This is a starting point for understanding the dynamics likely ...
PwC accepts payment in Bitcoin for its advisory services
December 1st, 2017
PwC in Hong Kong has for the first time accepted payment in Bitcoin for its advisory services. As the firm works increasingly with companies in the digital asset and crypto-currency space, it believes that accepting such payments will evolve ...
Corn and lean hogs top agricultural commodity bets for 2018, says Rabobank
November 23rd, 2017
Corn is the top bullish bet among agricultural commodities for 2018, followed by lean hogs, Rabobank said, in a briefing which cautioned over the potential for market influences from La Nina to freight. The bank, in its annual briefing ...
