Search Results for: Asia markets
Most Asia stocks slide on Fed officials’ rate comments, dollar firms
August 29th, 2016
Most Asian share markets tumbled on Monday while the U.S. dollar added to gains made after Federal Reserve Chair Janet Yellen indicated a U.S. interest rate increase remains on the cards for this year. European markets also looked set ...
Asian stocks drop as investors avoid risk before Yellen speech
August 26th, 2016
Asian stocks extended their weekly loss on Friday (Aug 26) ahead of a speech by Federal Reserve Chair Janet Yellen later in the day that may shed light on the US interest-rate outlook. The yen meandered after Japanese consumer ...
Coda Payments raises $2M to enable alternative online payments in Asia
August 25th, 2016
Relying on credit cards doesn’t work in Southeast Asia, where less than 10 percent of the 600 million population are estimated to own plastic. That makes alternative payments, like bank transfer or over-the-counter, critical for anyone doing business in ...
Asian stocks slip on profit-taking; oil falls
August 24th, 2016
Asian stocks edged lower on Wednesday as strong U.S housing data overnight increased the chances of an interest rate increase in coming months, prompting some investors to take profits, while oil prices slipped after a surprise jump in U.S. ...
Japanese bank consortium to build new payments network with SBI Ripple Asia
August 23rd, 2016
A consortium of 15 Japanese banks are to work with blockchain joint venture SBI Ripple Asia, to build a new payments platform promising round-the-clock real-time settlement for cross-border and domestic funds transfers. Ripple announced its joint venture with Japanese ...
Asian Shares Mixed as Oil Prices Fall and Dollar Drops
August 23rd, 2016
Markets await policy details from the U.S. Federal Reserve’s annual meeting at Jackson Hole Shares in Asia were mixed Tuesday, as oil prices fell and the U.S. dollar weakened ahead of a key meeting of Federal Reserve officials and ...
Asia mostly lower as oil retreats further; BOK keeps rates steady
August 11th, 2016
Asia markets were mostly lower on Thursday following U.S. losses, with sentiment likely driven by Wednesday’s oil price falls and anticipation of another data deluge from China on Friday. In Australia, the benchmark ASX 200 slid 35.71 points, or 0.64 percent, ...
Asia shares up as yield hunt drives record flows, pound slips
August 9th, 2016
Asian shares stood atop one-year peaks on Tuesday as investors’ desperate search for yield drove a record inflow into emerging market funds, while the pound slipped to one-month lows on speculation of further policy easing in the UK. Analysts ...
Asian stocks jump to one-year highs as yield hunt spreads
August 8th, 2016
Asian stocks rose to one-year highs and the Australian dollar climbed on Monday as investors’ hunt for yield gathered momentum against a backdrop of a recovering U.S. economy and ultra-easy easy global monetary policy conditions. While the strong July ...
Asia trades higher; Japanese stocks waver amid yen strength
August 4th, 2016
Japanese markets see-sawed in the morning session on Thursday, as stocks came under some pressure from a relatively stronger yen. The benchmark Nikkei 225 wavered between gains and losses before trading up 0.23 percent. The Topix was up 0.23 percent. The Japanese yen traded at ...
