Search Results for: Advanced Markets
The dawn of financial technology in Islamic finance
December 23rd, 2016
Over the past decade, financial technology — widely referred to as FinTech — has grown primarily due to growing Internet access worldwide and the emergence of smartphones and apps. According to the Ericsson Mobility Report published last year, 70 ...
Asian shares fell on the last trading day before Christmas
December 23rd, 2016
Hong Kong, Chinese stocks among worst performers on tightening Crude oil drops as most government bond yields head higher Asian shares fell on the last trading day before Christmas as Chinese equities extended their losses amid concerns over rising ...
Asian Shares Fall on Europe Turmoil; Yen Weakens After BOJ Move
December 20th, 2016
Japanese shares erased losses and the yen weakened after the Bank of Japan upgraded its assessment of the world’s second-largest economy. Gold retreated and treasuries dropped. Japan’s Topix index erased earlier declines after the central closed a tumultuous year ...
Dollar Extends Loss Amid Drone Concern, Oil Rises for Second Day
December 19th, 2016
China seized U.S. drone in international waters in Asia Japan shares fall for first time in three days as yen gains The dollar retreated versus most major peers, as heightened geopolitical tensions over China’s seizure of a U.S. naval ...
Central Bank of Greece forecast a strengthening of growth for 2017
December 16th, 2016
Today, in accordance with its Statute, the Bank of Greece submitted its Interim Report on Monetary Policy 2016 to the Speaker of the Greek Parliament and the Cabinet. Progress with the implementation of the programme and with economic recovery ...
Dollar Climbs to Strongest Since 2003 on Fed Path; Bonds Drop
December 16th, 2016
‘It feels like going long dollar is free money, no one loses’ Asian index futures diverge as yen drives haven-asset retreat The dollar rallied to its strongest level since 2003 against the euro, while gold plunged as the prospect ...
Microsoft and AMIS announce Asia’s first blockchain consortium
December 14th, 2016
Pilot blockchain project developed on Microsoft Azure aims to accelerate Taiwan’s fintech sector Financial technology (Fintech) is transforming the financial services industry and a variety of innovations, including blockchain technology, have revolutionized the banking sector for the past year. ...
Asia Stocks Rise Most in Three Weeks as Oil Hits $50, Bonds Drop
December 1st, 2016
U.S. oil climbs above $50, building on 9.3% gain on Wednesday Private jobs data adds to U.S. rate outlook before payrolls Asian equities rallied the most in three weeks as a deal to cut global oil output lifted energy ...
The dollar climbed 0.4 percent to 112.78 yen
November 30th, 2016
Output pact under threat as day of Vienna meeting dawns Greenback climbs with Treasuries premium at nine-year high Oil held below $46 a barrel ahead of a make-or-break OPEC meeting on stabilizing the crude market, while the dollar headed ...
Oil Retreats Below $47 Before OPEC Meeting as Metals Snap Rally
November 29th, 2016
Copper suffers in first loss for seven days; zinc, nickel down European stocks open lower with Italy focus; Asia shares mixed Oil retreated back below $47 as OPEC members failed to bridge their differences on production cuts, while a ...
