Search Results for: Asia
Online transactions made on a mobile device continue to increase their share
October 12th, 2015
Mobile Payments Index uncovers mobile share for key payment methods including Paypal, Alipay and online banking Adyen, the global payments technology company, today published the Q3 edition (July-Sept) of its quarterly Mobile Payments Index, which tracks mobile payment data ...
Russian companies are preparing to withdraw from London Stock Market
October 12th, 2015
Eurasia Drilling, Uralkali, Polyus mull value of foreign stock More may seek to delist as share values slide: BCS’s Chuyko Russian expansionism is going into reverse, at least on the London stock market. Three of Russia’s major commodity-related companies ...
China and the dollar
October 9th, 2015
With the benefit of hindsight, the two-day devaluation of the yuan in mid-August might have been a masterstroke of strategy. China executed a financial move that appeared to undermine its own position but instead created trouble for the US; ...
Crude oil futures rise after bullish forecast, Fed minutes
October 9th, 2015
U.S. crude rises to above $50 a barrel Brent crude on track for near 12-pct weekly rise Influential forecaster predicts market rally (Updates prices, adds comment) Crude futures rose in early Asian trade, with U.S. oil climbing above $50 a ...
China launches cross-border payment system
October 8th, 2015
China’s cross-border interbank payments system, established as a yuan-based alternative to the interbank Swift network, has launched with 11 domestic banks and eight foreign institutions onboard. The CIPS platform will be used to support cross-border goods and services trade ...
1 in 4 companies say they won’t meet BEPS deadline
October 8th, 2015
One quarter of corporate executives, tax and transfer pricing directors have said their companies won’t meet the Base Erosion and Profit shifting deadlines, according to a Thomson Reuters survey. The BEPS project has been championed by the Organisation for ...
Interactive Data Expands 7ticks Global Connectivity with Access to GPW
October 8th, 2015
Latest addition to electronic trading network opens up market access in Eastern Europe Interactive Data, a leading provider of low‐latency trading infrastructure and market access, has added the GPW (Warsaw Stock Exchange) to its 7ticks global network. By connecting to ...
Boerse Stuttgart Launches New Exchange System, Xitaro, Powered by Nasdaq
October 8th, 2015
Nasdaq’s Genium INET is Now Powering Germany’s Leading Exchange for Retail Investors Nasdaq (Nasdaq:NDAQ) and Boerse Stuttgart have officially announced that Boerse Stuttgart, Germany’s leading exchange for retail investors, has gone live on Genium INET. The system named Xitaro will be used ...
China stocks rally as trading resumes
October 8th, 2015
Asian stocks traded mixed on Thursday despite a positive lead from Wall Street, with Chinese equities outperforming after mainland markets resumed trade following a week-long holiday. Major U.S. indexes closed higher overnight, helped by a recovery in health care ...
Saxo Bank sees opportunity in emerging markets amid falling global growth and a tumultuous start to Q4
October 7th, 2015
The plunge in the price of oil and other commodities has scores of emerging markets under severe pressure. And yet, it is in emerging markets that Saxo Bank sees most hope. As risks to global growth increase, the timing ...