Search Results for: Global share
R5 Goes Live In Singapore
April 15th, 2016
Receives Authorisation from the Monetary Authority of Singapore R5, the emerging marketplace for local market FX trading, announces that live trading has commenced in Singapore, following its authorisation from the Monetary Authority of Singapore (MAS). R5 went live with ...
Oil crisis? Here is how Saudi Arabia plans to shake up its economy
April 14th, 2016
In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia’s economy could survive an era of cheap oil. In late February, several hundred Saudi officials, company ...
Emerging Currencies Halt Rally as Singapore Flags Growth Risks
April 14th, 2016
Malaysian ringgit leads declines after Singapore eases policy Won sinks on Korean election shock as dollar extends advance Emerging-market currencies fell for the first time in six days as Singapore surprised markets by easing monetary policy, spurring speculation other ...
Panama Papers: Mossack Fonseca office raided
April 13th, 2016
The offices of Panama-based law firm Mossack Fonseca were raided late Tuesday by crime prosecutors, who searched for evidence of money laundering and illegal activities, reports said. The law firm has been at the centre of a global controversy, ...
Goldman Sachs warns Opec meeting in Doha will not deliver ‘bullish surprise’ for oil prices
April 12th, 2016
The meeting of oil producing nations scheduled at the end of the week in Doha was unlikely to result in a “bullish surprise” for oil prices, Goldman Sachs has warned. The investment bank said there was a very low ...
Most Asia markets advance, with Nikkei rising as yen slips
April 12th, 2016
Most major Asia markets ended higher Tuesday, shrugging off after a lower finish in U.S. equities overnight ahead of earnings season. Australia’s ASX 200 added 44.06 points, or 0.89 percent, to 4,975.60, boosted by a 1.73 percent gain in the heavily-weighted ...
Australian stock market becomes haven for tech startups
April 11th, 2016
The Asia-Pacific region has been picking up some of the slack we’ve been encountering lately within the technology merger and acquisition (M&A) landscape. While US capital markets are tightening, tech M&A activity in the Asia-Pacific region reached a three-year ...
Malaysian state fund sacked Ernst & Young and KPMG when auditors asked for documents
April 11th, 2016
The scandal surrounding Malaysian state fund 1Malaysia Development Berhad has thrown up some very interesting facts about how the state fund was managed. According to a probe by a parliamentary committee, the fund had sacked two audit firms over ...
Fintech regulation has been a key agenda item at recent meetings of peak financial regulators
April 11th, 2016
The Australian Securities and Investments Commission is talking to the Monetary Authority of Singapore about an agreement to ensure that regulation does not hinder the progress of fintech start-ups looking to operate across the countries’ borders. Fintech regulation has been a key ...
Asia markets broadly lower as risk-off sentiment settles in
April 8th, 2016
Asia markets were broadly lower on Friday, after U.S. equities sold off overnight amid renewed concerns over global growth and the effectiveness of central bank policy. Australia’s ASX 200 retraced some of the early losses to trade down 0.4 percent, as ...
