Search Results for: Singapore
Asian Stocks Extend Global Rally as Oil Regains $50; Yen Climbs
May 26th, 2016
Crude Rises on falling U.S. oil stocks, supply disruptions Norwegian krone, Malaysian ringgit strengthen; gold rebounds Energy producers led stocks higher in Asia and the currencies of oil-exporting nations strengthened as Brent crude traded above $50 a barrel for ...
Commodities Brokers Marex Spectron reports $22.7M Operating Profit for 2015
May 25th, 2016
Marex Spectron Group Ltd (‘Marex Spectron’), the global commodities broker, has posted a record Operating Profit of $23 million for the year ended 31 December 2015, up from $15 million in 2014. EBITDA increased to $31 million from $25 ...
Pizza Hut partners MasterCard to trial robot cashiers
May 25th, 2016
Spotty teenagers could soon be losing their jobs to robots thanks to a tie up between MasterCard, Pizza Hut and Softbank that will see humanoids take orders and mobile-based payments at some Asian fast food joints. Softbank’s 48 inch ...
Asia emerged as the next big opportunity in fintech
May 20th, 2016
Asia’s emerged as a key market for financial technology players, as the continent’s large population and limited banking network lures billions in funding. Investors poured $4.5 billion into fintech companies in Asia in 2015, three times the amount attracted ...
Android Pay launches in the UK
May 19th, 2016
Google’s Android Pay has launched in the UK, enabling millions of Brits to make contactless instore and in-app payments with their handsets. Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank, MBNA and Nationwide Building Society are ...
Dollar stands tall as Fed minutes rekindle June rate hike bets
May 19th, 2016
The dollar stood tall and set a three-week high against the yen on Thursday, after the minutes of the U.S. Federal Reserve’s latest policy meeting rekindled expectations for a June interest rate hike. The dollar rose to 110.27 yen ...
Asian Stocks Slide Resumes as Dollar Strengthens; Oil Above $48
May 18th, 2016
Japan stocks, yen fluctuate after GDP growth beats estimates Dollar gauge rises to quarter’s high on rate-hike speculation Asian stocks fell for the first time in three days and the dollar strengthened against all of its major peers on ...
Saxo Bank appoints Chief Economist and CIO Steen Jakobsen as co-head of Global Sales Trading
May 17th, 2016
Saxo Bank has announced that Chief Economist Steen Jakobsen will join Theo Papathanasiou as co-head of Global Sales Trading. In conjunction with his new duties, Steen Jakobsen will remain Saxo Bank’s Chief Economist and CIO. The new setup is ...
Tullett Prebon today announces the preliminary results of IGBB for the year ended 31 March 2016
May 16th, 2016
Further to the announcement released on 11 November 2015 regarding the proposed acquisition by Tullett Prebon of the global hybrid voice broking and information business of ICAP plc (“ICAP”) including ICAP’s associated technology and broking platforms (including iSwap and ...
Allocated Bullion Exchange announces four New Liquidity Providers
May 13th, 2016
Allocated Bullion Exchange (ABX) is pleased to announce the addition of four new Liquidity Providers to our membership base. Gold Stackers, Lucius Precious Metals, House of Commodities and Silver Bullion Pte Ltd (Singapore) have recently joined the ABX. Based ...