Search Results for: Alibaba
Most Asian equities gained on Monday, Yen to Dollar little changed; Key events coming up this week
August 20th, 2018
Most Asian equities gained on Monday as traders held out hopes about developments in the trade war and ahead of a meeting of central bankers later in the week that may throw up clues on the outlook for markets. ...
Why Americans are warming to mobile payments
June 29th, 2018
Americans have long been laggards when it comes to paying for goods and services with a smartphone. Plenty still prefer to sign credit-card slips or even cheques. But there are signs that they are warming to more modern methods. ...
Chinese tycoon Jack Ma’s online payments firm is now worth more than Goldman Sachs
June 11th, 2018
Chinese tycoon Jack Ma’s online payments company just raised a huge pile of cash from investors. Ant Financial said in a statement Friday that it has brought in $14 billion from Chinese and foreign investors. It plans to use ...
Brokers review: Asian stocks declined, Aussie advanced, Yen and Gold gained
May 4th, 2018
Asian stocks declined as investors assessed the implications of ongoing trade talks between the U.S. and China. The dollar extended a drop ahead of the monthly U.S. jobs report, while the Aussie advanced. Stocks in from Sydney to Hong ...
China’s mobile payments skyrocket in 2017
February 21st, 2018
China’s mobile payments in 2017 totaled 81 trillion yuan, or US$12.77 trillion, as of October according to a report from the Xinhua news agency this week. The volume crushed the total for the whole of 2016, which came in ...
Euro rose, Japanese Yen fell; Asian equities kicked off February
February 1st, 2018
Asian equities kicked off February with a recovery from a three day sell-off, as investors decided the outlook for growth and corporate earnings was strong enough to quell concerns about the recent jump up in bond yields. The MSCI ...
Diamonds Market Review
November 17th, 2017
Sentiment improves, with wholesale jewelers busy filling Christmas orders. Record $25.3B Alibaba Singles’ Day (11/11) sales signal strong mobile buying for upcoming holiday season. Polished trading stable. Rough market cautious, with low profitability after $455M De Beers sight. High ...
Singapore and Thailand in early stage talks to connect e-payment systems
October 5th, 2017
Singapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash. The link would bring together Southeast Asia’s first national ...
Dollar drops, the Yen and Euro rose, the Aussie added 0.1 percent: Brokers review
August 17th, 2017
Dollar drops; Aussie extends advance after base-metal surge Fed minutes show officials concerned about low inflation Most Asian stocks rose, led by technology shares after stellar earnings at Internet giant Tencent Holdings Ltd. The yen climbed and the dollar ...
PayPal reports record revenues
July 27th, 2017
PayPal has issued today an announcement to publish Second Quarter 2017 Financial Results. According the results: PayPal drove record revenues, volume, and net new actives: In the second quarter, we added 6.5 million net new active accounts to our payments ...
