Search Results for: Singapore
New York’s bitcoin hub dreams fade with licensing backlog
October 31st, 2016
New York’s financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopted trailblazing virtual currency rules last year. But the state lost that momentum when the agency’s chief left, putting a licensing ...
This is the darkest hour in global currency market that haunts currency traders
October 27th, 2016
In the global currency market, the darkest hour comes just as dawn is breaking in Asia and traders in Sydney are sipping their first flat white. Between the New York close and the start of trading in Tokyo, foreign-exchange ...
Middle East economies rise in doing business rankings; UAE and Bahrain among top 10 improvers
October 27th, 2016
A record 137 economies around the world have adopted key reforms that make it easier to start and operate small and medium-sized businesses, says Doing Business 2017: Equal Opportunity for All, the World Bank Group’s annual report on the ...
Korean Government to Commercialize Bitcoin, Digital Currency
October 25th, 2016
Financial authorities decided to institutionalize digital currencies such as Bitcoin. In addition, they are planning to ramp up the size of average annual policy finance to one trillion won from 500 billion won for the development of fintech. “We ...
Baker & McKenzie has a new Chairman
October 25th, 2016
At the conclusion of its Annual Partner meeting held in Barcelona leading global law firm Baker & McKenzie has announced a number of changes to its leadership teams with immediate effect. Paul Rawlinson becomes the 15th Chairman of Baker ...
Dollar Climbs as Asian Stocks Advance Amid Earnings; Oil Falls
October 24th, 2016
Speeches by Fed officials may affect outlook for U.S. rates Offshore yuan sinks toward all-time low after record outflows The dollar strengthened versus most of its major peers, buoyed by the prospect of U.S. interest rates being raised at ...
IPC’s FX Hub to Enable Secure and Reliable Access to Hotspot’s Marketplace
October 21st, 2016
IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, and Hotspot, a leading institutional foreign exchange (FX) market owned and operated by Bats Global Markets, today announced that market participants can ...
Asian Stocks Weighed Down by Earnings as Euro Declines With Oil
October 21st, 2016
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...
Oil rises on reported US crude inventory draw, expected OPEC cut
October 19th, 2016
Oil prices rose early on Wednesday, pushed up by a report of a fall in U.S. crude inventories and an OPEC statement saying a planned production cut was achievable, although analysts warned that Chinese economic data could erode the ...
Asian Stocks, Bonds Decline as Dollar Extends Post-Yellen Gains
October 17th, 2016
Asia ex-Japan stocks decline with U.S. equity index futures Casino shares sink after China detains Crown Resorts workers Asian bonds fell and the dollar strengthened versus most peers after comments by Federal Reserve Chair Janet Yellen clouded the outlook ...
