Search Results for: Australian dollar
Asia trades lower as Nikkei slips 2.2%
February 19th, 2016
Major markets in Asia were mostly down on Friday, with the Japanese market falling behind its regional peers. The Japanese benchmark Nikkei 225 index shed 2.18 percent in the afternoon trade with shares broadly trading in the red. The yen strengthened ...
OFX previously known as OzForex says talks to be acquired by Western Union fail, shares slump
February 8th, 2016
Australia’s OzForex Group Ltd said it has terminated talks to be acquired by Western Union after the U.S. money wiring giant failed to submit a binding proposal, sending its shares tumbling nearly 40 percent to an all-time low. The ...
Don’t panic’: Experts reveal their investment tips for volatile times
January 21st, 2016
China fears! Billions of dollars lost! Unprecedented volatility! With investment markets in full blown panic mode, two listed investment company stalwarts are advising investors to keep cool heads as they wade through some of the most volatile times on ...
China GDP Slows to Weakest Since 2009 on Manufacturing Slide
January 19th, 2016
As growth ticked lower, yuan and stocks volatility marked 2015 Two-speed divergence as old drivers slow, services do better China’s economy slowed in December, capping the weakest quarter of growth since the 2009 global recession, as the Communist leadership ...
Asia markets close mostly down; Japan, Australia near bear markets
January 18th, 2016
Markets in Asia closed mostly lower Monday, on the back of another Wall Street sell-off Friday. Major indexes in Australia and Japan were nearing bear market territory, down over 18 percent from their 52-week highs. Down Under, the Australian ...
Pound Slumps as BOE Rate-Rise Expectations Recede
January 14th, 2016
China-linked market turmoil has made Bank of England rate increase less likely, investors say The British pound tumbled to a more than 5½-year low this week, as concerns about China help push back expectations of a long-anticipated interest-rate increase ...
Asia markets retrace some losses, China bucks trend
January 14th, 2016
Major Asian stock markets retraced some of their downward slide but stayed in negative territory, following a massive sell-off on Wall Street overnight. Japan’s Nikkei 225 retraced morning losses to trade down 2.86 percent, weighed by commodities and machinery sectors. Earlier, ...
Major Asian stocks close up, Nikkei rebounds 2.88%
January 13th, 2016
Asia markets closed mostly higher, with some major indexes rebounding Wednesday, in a sign of returning stability even in the face of lingering worries about China and falling commodity prices. That follows a volatile start to the year, in ...
Israel’s foreign currency market in 2015
January 12th, 2016
The Exchange Rate Moderate weakening of the shekel against the dollar, in parallel with the strengthening of the dollar worldwide. In 2015, the shekel weakened by 0.3 percent against the dollar. The exchange-rate trend was not consistent—until June, the ...
Shanghai drops 5%, Shenzhen down 6.5% in renewed sell-off
January 11th, 2016
Chinese markets extended an already rough start to the year Monday, losing further ground and other Asian markets came along for the ride lower. The Shanghai composite was down as much 5.22 percent in late-afternoon trade, while the Shenzhen Composite shed 6.5 percent. ...
