Search Results for: asia
Gulf markets set to end the week with losses; Crude oil prices tumbled
June 1st, 2017
Major stock markets in the Gulf look set to end the week with losses on Thursday after crude oil prices tumbled to a three-week low overnight and global bourses stayed mostly weak. Brent crude futures slumped 3 percent to ...
China launches controversial cyber security law
June 1st, 2017
China is to implement its controversial cyber security law this week despite foreign firms warning about its impact on their ability to do business there. The law is largely aimed at protecting China’s networks and private user information. However, ...
LSEG to acquire leading providers of fixed income indices
June 1st, 2017
LSEG to acquire The Yield Book and Citi Fixed Income Indices from Citi, including the World Government Bond Index (WGBI), for total cash consideration of $685 million (£535 million) subject to customary adjustments The Yield Book and Citi Fixed ...
Bank of Sydney Enhances Online and Mobile Banking Services with Fiserv
May 30th, 2017
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Bank of Sydney will work with Fiserv to provide its consumer and small business customers with enhanced digital banking capabilities. The bank will ...
Oil falls as U.S. drilling undermines drive to tighten markets
May 29th, 2017
Oil prices fell on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply. Trading activity will be subdued on Monday due to public holidays in China, the United States and Britain. Brent crude ...
Stocks Climb in Korea, Japan; Dollar Reverses Loss: Markets Wrap
May 29th, 2017
U.K., U.S., China markets closed for holidays on Monday Dollar erases early loss amid Fed official’s rates comments Stocks in Asia were mixed amid low trading volume and the yen held to a narrow range as investors weighed the ...
Copenhagen FinTech and Singapore Fintech Hub signs Memorandum of Understanding
May 26th, 2017
“It is the right time and with the right people” stated H.E. Dorte Bech Vizard, Ambassador of Denmark to Singapore and Brunei, at the signing of the first Memorandum of Understanding (MOU) between Copenhagen Fintech and the Singapore Fintech ...
Yuan heads for weekly gain; Pound slides
May 26th, 2017
Crude extends declines as OPEC meeting brings no surprises Japan, Australian equities drop; yuan heads for weekly gain A slump in crude weighed on energy shares as most Asian equity markets headed for a lower finish to the week. ...
Bitcoin’s price hits new all time high $2,322
May 24th, 2017
Earlier this morning, on May 24, bitcoin’s price established its new all-time high at $2,322 based on global average. Although analysts have attributed the recent bitcoin price surge to the strong performance and momentum of the Japanese bitcoin industry, ...
Development of FinTech innovation within the ASEAN region; IFC and MAS collaboration
May 24th, 2017
IFC and Monetary Authority of Singapore Collaborate to Advance FinTech Innovation in Asia IFC, a member of the World Bank Group and the Monetary Authority of Singapore (MAS) signed a memorandum of cooperation, agreeing to work together to establish ...
