Search Results for: Asia
Traders: Key events to watch this week; Ten-year Treasuries rallied
May 29th, 2018
Ten-year Treasuries rallied alongside core European bonds as the political crisis in Italy deepened, triggering risk-off trading across many global markets. Losses for the euro mounted and the region’s stocks sold off, while the dollar edged up. The benchmark ...
Shares of luggage giant Samsonite suspended over governance and accounting claims
May 25th, 2018
Luggage giant accused of ‘questionable accounting practices’ and ‘poor corporate governance’ as shares are suspended in Hong Kong. Shares in Hong Kong-listed luggage maker Samsonite International plummeted by more than 11 per cent in early trading in Hong Kong ...
Euro edged down against the dollar and Yen stepped back from a two week high
May 25th, 2018
The yen stepped back from a two-week high against the dollar on Friday when North Korea said it was open to resolving issues with the United States after President Donald Trump called off a June summit with its leader, ...
Oil prices drop on potential increase in OPEC output
May 24th, 2018
Oil prices fell on Thursday on expectations that OPEC members will step up production in the face of worries over supply from both Venezuela and Iran. A surprise build up in crude oil inventories in the United States also ...
CFTC opens access to Indian Futures market for U.S. customers
May 18th, 2018
The Commodity Futures Trading Commission (CFTC) issued an order to the National Stock Exchange of India (NSE) as part of its longstanding program of regulatory deference to foreign regulatory frameworks. Through its Part 30 exemptive program the CFTC provides ...
The Dollar was flat, Euro rose, Yen fell; Early traders review
May 18th, 2018
Asian shares traded mixed on Friday, while remaining on track for a weekly loss as investors mull the implications of a jump in benchmark 10-year Treasury yields to their highest level since 2011. The dollar was flat, near its ...
Airlines to test consumer payments that bypass credit cards for direct sales
May 18th, 2018
Some airlines will test letting ticket buyers on their websites have an optional new way of paying that avoids the need for credit and debit cards. The world’s top airline lobbying group, the International Air Transport Association (IATA), has ...
The Euro and Japanese Yen fell, Dollar strengthened; Key events to watch this week
May 15th, 2018
Stocks in Asia declined Tuesday, while the dollar strengthened and 10-year Treasury yields rose back above the 3 percent mark as investors assessed the outlook for global trade relations and increased tensions in the Middle East. Equity benchmarks dropped ...
Asus to pay millions euro to settle price manipulation allegations
May 15th, 2018
Taiwan’s Asustek Computer, known as Asus, on Friday said it reached an agreement with the European Union to pay about 65 million euros ($77.6 million) to settle allegations of price manipulation in its PC business in Europe. “Although it ...
The global online payment gateway market is expected to grow significantly
May 3rd, 2018
The global online payment gateway market is expected to grow significantly from USD 61.0 Billion in 2017 to USD 129.8 Billion in 2024 at a CAGR of 11.4%. Increasing adoption of e-commerce, a growing number of customers of online ...
