Search Results for: Asia markets
Won drops; yen leads gains among G-10 currencies, gold rises
August 9th, 2017
Stocks in Asia declined with U.S. equity-index futures and the South Korean currency tumbled as investors took a risk-off approach after the U.S. and North Korea exchanged threats amid escalating tensions between the two nations. The yen and gold ...
Food prices hit highest since 2014, led by dairy, grains, sugar
August 8th, 2017
Food prices have hit their highest since 2014, led by rise by grains and sugar, and a lift in dairy values to a three-year high – although there are some questions over dairy appreciation continuing. A food price index ...
Gibraltar Stock Exchange announces a new shareholder
August 4th, 2017
GSX Group Limited, the parent of GSX Limited, which operates the Gibraltar Stock Exchange, has issued a press release to announce a new shareholder, Cyberhub Fintech Holdings Limited. Following the approval of the Gibraltar Financial Services Commission, Cyberhub Fintech ...
UniCredit: Pound to Euro Rate Forecast at 1.05 in Coming Months
August 4th, 2017
Foreign exchange analysts at UniCredit Bank have announced a sizeable upgrade to their forecasts for the Euro saying the currency is finally starting to recover from years of undervaluation. The Italian lender have as a result upgraded their targets ...
Global law firm reveals FY17 results; Record global revenues
August 2nd, 2017
Global law firm Baker McKenzie has issued today a press release to announce revenues for the fiscal year ended 30 June 2017 (FY17). Below is the announcement a it was published: Baker McKenzie, the leading global law firm, has announced ...
Luxury lawyers line up for Jimmy Choo $1.35bn acquisition
August 1st, 2017
Global fashion house Michael Kors is to acquire luxury footwear and accessories brand Jimmy Choo with the city’s top luxury law firms on hand to advise. The high profile deal is the latest in the luxury law sector which ...
Yen rose while Australian dollar fell; Key events coming this week
July 31st, 2017
Asian raw-material producers advanced after a surge in commodity prices bolstered optimism the global economy can gather momentum. Oil extended last week’s strongest rally this year. BHP Billiton Ltd., Rio Tinto Ltd. and Nippon Steel & Sumitomo Metal Corp. ...
China says will persist with crackdown on forex irregularities
July 28th, 2017
China will maintain a crack down on forex irregularities to ensure stability in the currency market and the broader economy, the country’s forex regulator said on Friday, in a sign Beijing will continue to keep a tight leash on ...
Dollar sank, euro added 0.2 percent and the Aussie extended gains; Early Forex review
July 27th, 2017
The dollar sank and Treasuries climbed after the Federal Reserve signaled that inflation remains persistently below its target even as the economy picks up steam. Asian stocks rose to the highest in almost a decade on optimism about corporate ...
Yen advanced, Euro and Australian dollar rose
July 25th, 2017
Asian equities were mixed ahead of the U.S. Federal Reserve’s policy decision and as investors sifted through earnings from companies including Alphabet Inc. Oil rose while the dollar resumed declines. The MSCI Asia Pacific Index fluctuated near a 10-year ...
