Search Results for: Asian markets
Gold remains money
September 18th, 2015
We think we know that gold is no longer money, because Keynesians and monetarists insist it is so. Furthermore, it has been replaced by government currencies, which we use to buy and sell, do our accounts and pay our ...
Chinese shares lead Asia lower on economic fears
September 14th, 2015
Mainland Chinese shares led the rest of the region lower as a raft of government data over the weekend pointed to more signs of weakness in the Chinese economy. Growth in both fixed-asset investment, up 10.9% in August from a ...
Deutsche Boerse’s Asia plans hit by turbulence, tech woes
September 11th, 2015
Financial market turbulence in China and software problems have prompted Deutsche Boerse to delay its planned Asian derivatives exchange and clearing house by about 18 months, three people familiar with the plans said on Wednesday. The German exchange operator ...
Oil dips as Saudi rejects producer summit, set for weekly fall
September 11th, 2015
Crude oil prices eased on Friday due to a strong dollar and Saudi Arabia’s dismissal of a producer summit, putting prices on track for a small weekly fall despite a strong rally in the previous session. October Brent, the ...
So What’s Japan Supposed To Do Now?
September 10th, 2015
It was just three years ago that new Prime Minister Shinzo Abe promised to pull Japan out of its “lost decades” by printing epic amounts of new yen. He got what he wanted from the Bank of Japan, which ...
Payment processor ECommPay Opens an office in Singapore
September 10th, 2015
On September 9, payment processing provider ECommPay celebrated the grand opening of its first Asian office, conveniently located in . As a global commercial centre, Singapore is ideally situated at the heart of Asian e-Commerce, ...
Japan Shares Jump Most in Four Years
September 9th, 2015
Possibility of more stimulus from Beijing boosts sentiment Stocks in Japan jumped the most in more than four years Wednesday, shaking off unease about slowing growth in China amid a tentative rebound in Chinese stocks. The region’s shares ...
Gold Price Slips as China Adds Another 16 Tonnes of Bullion
September 8th, 2015
Gold prices slipped in quiet trade in London on Monday, retreating near the lowest levels since mid-August at $1119 per ounce as European stock markets held flat, ignoring another sharp drop in Asian equities. New data overnight showed China’s People Bank growing ...
G20-Germany urges more Islamic finance integration globally
September 7th, 2015
Islamic finance is increasingly important in the global economy and needs to be better integrated into the international financial system, German Finance Minister Wolfgang Schaeuble told a meeting of the Group of 20 leading economies on Saturday. Islamic finance, ...
Putin says dump the dollar (Video)
September 4th, 2015
Russian President Vladimir Putin has drafted a bill that aims to eliminate the US dollar and the euro from trade between CIS countries. This means the creation of a single financial market between Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan ...