Search Results for: Bank of China
The euro and yen rose, Singapore dollar slipped; U.S dollar snaps four week rally
October 13th, 2017
The dollar and U.S. Treasury yields were poised to end four weeks of gains as confidence in American tax-cut plans waned somewhat and the Federal Reserve signaled that several policy makers are cautious about another 2017 interest-rate hike. Asian ...
The upcoming increase in interest rates
October 6th, 2017
Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be that this was coordinated, and that both the ECB and ...
Early market review: Stocks in Japan and Australia climbed
October 6th, 2017
Equities in Asia followed their U.S. counterparts higher and the dollar retained gains after a slew of data and comments from Federal Reserve officials helped ratchet up bets that the U.S. economy is strong enough to withstand higher interest ...
Singapore and Thailand in early stage talks to connect e-payment systems
October 5th, 2017
Singapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash. The link would bring together Southeast Asia’s first national ...
Bitcoin could hit $6,000 by year-end, experts said
October 4th, 2017
Bitcoin could rally nearly 40 percent to hit $6,000 before the end of the year but investors should brace for more volatility, according to industry experts. The cryptocurrency was trading around $4,333 on Tuesday. The third quarter has been ...
The euro, yen and pound advanced; dollar slips
October 4th, 2017
The rally in the dollar petered out as investors awaited President Donald Trump’s decision on the leadership of the Federal Reserve and gauged prospects for U.S. tax cuts. Bonds edged higher and Asian stocks were mixed after American indexes ...
Dollar gains, euro dipped, yen fell; What to watch this week
October 2nd, 2017
Treasury yields rose with the dollar as investors contemplate prospects for U.S. tax cuts and the potential of a less dovish Federal Reserve chief. Stocks were mixed in an Asia-Pacific region affected by holidays, after China unveiled a targeted ...
South Korea bans all new cryptocurrency sales
September 29th, 2017
South Korea’s financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions in China on initial coin offerings. The Financial Services Commission said all kinds of initial ...
Here is how currencies, stocks, bonds and commodities move
September 26th, 2017
Financial markets showed signs of stabilizing after a fresh trigger from North Korea had sent money into haven assets, with focus returning to comments from central bank policy makers. Stocks in Asia were broadly lower, though declines were modest, ...
The first Australian Law Firm to accept digital currencies as forms of payment
September 25th, 2017
The Lehman Walsh Lawyers, a specialist Startup and General Corporate Law practice based in Australia, has issued an announcement to inform that it will be the first Australia Law Firm to accept three of the major digital currencies, as ...
