Search Results for: Global Markets

Most Emerging Stocks Decline Before Oil Talks as Ringgit Weakens

September 28th, 2016 (0)
Financial and energy shares pace drop among industry groups Taiwan’s financial markets remain shut because of typhoon Most emerging-market stocks fell, led by financial and energy companies, as investors awaited a meeting of major oil producers seeking an output ...

Dollar sways versus yen and euro, U.S. presidential debate awaited

September 26th, 2016 (0)
The dollar wobbled against the yen and euro on Monday, cautiously held in a narrow range ahead of the impending first debate between U.S. presidential candidates that could determine the currency’s near-term direction. The greenback was off lows versus ...

IBM in blockchain project with China UnionPay

September 23rd, 2016 (0)
Another day, another blockchain project unveiled by a bank, technology company, or consultancy. IBM will join the fray this week by announcing a partnership with China UnionPay to let bank customers exchange bonus points in different loyalty schemes. Arguing that such ...

The Reserve Bank of New Zealand left the Official Cash Rate unchanged at 2.0 percent

September 22nd, 2016 (0)
The Reserve Bank of New Zealand has issues a press release to inform that the Bank decided to left the Official Cash Rate unchanged at 2.0 percent. Global growth is below trend despite being supported by unprecedented levels of ...

Asian Shares Shed Early Gains

September 13th, 2016 (0)
Asian shares shed some of their early gains by midday Tuesday as sentiment regarding the course of U.S. interest-rate policy continues to play heavily on market direction. Fears of a rate increase, which have built in recent days, eased ...

HKMA embraces FinTech as it burnishes Hong Kong’s brand to compete as Asia’s financial hub

September 6th, 2016 (0)
The Hong Kong Monetary Authority has unveiled a series of policy initiatives for banks to embrace technology, and changed the city’s tax regime to attract corporate treasury departments, as it sharpens its edge to compete with Singapore and Tokyo ...

Saudi, Russia Vow Oil Cooperation Without Agreeing to Freeze

September 6th, 2016 (0)
Countries have ‘number of tools’ for joint action, Novak says Oil pares gains as rapprochement falls short of concrete steps The world’s top two crude-oil producers pledged to cooperate to stabilize global markets, while failing to announce any specific ...

Asia shares rally as US job report seen dimming chance of Sept hike

September 5th, 2016 (0)
Asian shares rose on Monday after a weaker-than-expected U.S. jobs report prompted investors to trim expectations that the Federal Reserve would hike interest rates as early as this month. MSCI’s broadest index of Asia-Pacific shares outside Japan extended early ...

Citi Sees Yen at 95 Per Dollar as Intervention Fears Recede

August 22nd, 2016 (0)
Yen strengthened beyond 100 last week for second time in 2016 ‘There’s not a great deal of fear’ of intervention, Elmer says The yen will probably climb to a three-year high of 95 over the next month as Japan ...
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