Search Results for: Asian
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, ...
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 ...
Pound jumped, Euro and Yen rose; Stocks in Asia drifted
May 17th, 2018
Stocks in Asia drifted as Treasury yields climbed above 3.1 percent, raising concerns about the appetite for riskier assets. The pound rose on a report that Britain might have reached agreement on its approach toward European customs union. Positive ...
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 ...
Dollar slips from four-month high against a basket of currencies
May 3rd, 2018
The dollar traded below a four-month high against a basket of currencies on Thursday, with the focus shifting to economic data after the Federal Reserve did little to alter market expectations for further interest rate rises this year. On ...
Top Islamic bank uncovered internal fraud worth millions
April 30th, 2018
Abu Dhabi’s Al Hilal Bank has uncovered internal fraud as employees helped to steal over $170 million, most now retrieved. Al Hilal Bank PJSC, a top Islamic bank headquartered in Abu Dhabi, has uncovered internal fraud worth more than ...
British pound was flat, Yen lost, Won jumped, Stocks in Asia gained; Key events to watch this week
April 30th, 2018
Stocks in Asia gained, with some major markets shut for holidays, as investors weighed the ongoing earnings season against a mixed set of signals for global economic growth. The won rallied as the two Koreas moved closer to peace ...
When Investor Psychology Turns Dark, All News Is Bad News
April 26th, 2018
Big companies report blow-out earnings. Home prices soar. North Korea promises to end its nuke program, possibly averting another Asian war. And stocks fall. Does this mean the news no longer matters? That’s exactly what it means. But it ...
