Search Results for: India
UN report: Social network payments now reach nearly US $3 trillion in China
April 24th, 2017
Payments on messaging and e-commerce platforms set to increase China’s GDP by $236 billion by 2025, unlocking new economic opportunities for people and small businesses A new UN study reveals that Alipay and WeChat Pay enabled US$2.9 trillion in ...
PM markets: traders weigh European drought, US rains
April 20th, 2017
Wheat prices in the Chicago and Paris saw early gains, helped by fears that time is running out for much needed rains in Europe and North Africa, but the rallies failed later in the day, as a strong forecast ...
UAE, the new key role player in the Middle East
April 20th, 2017
The United Arab Emirates (UAE) is likely to play a bigger role in the conflict-ridden Middle East due to its economic, military, and political influence. For most of the past four decades, the UAE has maintained a low-key role ...
Bitcoin Price Reaches $1,220, Three Main Factors to Influence its Growth
April 19th, 2017
Major factor: Japanese market The Japanese Bitcoin exchange market has experienced an increasing demand for Bitcoin over the past few weeks. Earlier this month, the Japanese retail giant Bic Camera began to accept Bitcoin in all of its retail ...
Ant Financial merged with HelloPay Group
April 19th, 2017
Almost exactly one year ago, Alibaba announced its US$1 billion purchase of a controlling stake in Lazada, the largest online shopping and selling marketplace in Southeast Asia – and a gateway to the region for the Chinese tech giant. Now, Alibaba ...
The US$200 million investment scam; hunt is on
April 13th, 2017
Investigators looking into a financial scam that took Dubai residents for tens of thousands of dollars have shifted their focus to recovering about US$200 million (Dh734.5m). The sum is believed to have been siphoned from a Dubai branch of ...
What economists expect to benefit the UAE economy this year
April 6th, 2017
Robust global trade growth to benefit UAE economy in 2017 Recovery in global trade flows combined with improving demand conditions in the GCC markets, especially Saudi Arabia, is expected to benefit the UAE economy this year, according to economists. ...
Stocks Fall in Asia After Fed Balance-Sheet Signal
April 6th, 2017
Bloomberg Dollar index erases Wednesday loss; yen rises again Treasury yields steady as pace of U.S. hikes questioned Stocks slid in Asia and futures in the U.S. ticked lower after minutes from the latest Federal Reserve meeting showed that ...
Asia Stocks Drop as Yen Gains; Aussie Dollar Slips: Markets Wrap
April 4th, 2017
Tokyo, Sydney stocks lower; China, India shut for holidays Australia’s central bank leaves interest rates unchanged Asian stocks slipped, taking their cue from a weaker U.S. equities session, as a rising yen weighed on shares in Tokyo. The Australian ...
These factors will affect the oil price in the future
April 3rd, 2017
When oil price bottomed around $27 per barrel last year in February, many predicted a major reversal and the dark days for producers to be over. Yet, more than a year after the bottom, the oil market is struggling ...
