Search Results for: Bank of Korea
Bank of Communications Designated as Clearing Bank for Won-Yuan Trading
July 8th, 2014
The People’s Bank of China has appointed the Bank of Communications Ltd. as a clearing bank for the direct won-yuan trading in Korea. Chinese President Xi Jinping and his Korean counterpart President Park Geun-hye had agreed on the 3rd ...
Coronavirus is pushing U.S. consumers to contactless payments
April 2nd, 2020
Contactless cards are a potential refuge for consumers who fear plastic and cash are carrying COVID-19. The coronavirus, also known as COVID-19, has drawn attention to the safety and cleanliness of basic activities that many take for granted, such ...
Asian stocks advanced, yen to dollar rose; Key financial events coming up this week
August 27th, 2018
Asian stocks gained at the start of the week following a fresh all-time high in their U.S. counterparts Friday, as the Federal Reserve reaffirmed a slow and gradual pace of policy tightening. The dollar ticked lower and the yen ...
Dollar gains, Euro was steady, Yen fell, Gold declined; Traders review
August 31st, 2017
Asia Stocks Mixed Ahead of U.S. Jobs; Dollar Gains Asian shares were mixed after data underscored the resilience of the American and Chinese economies, while the U.S. administration sent mixed signals on North Korea and its latest missile launch. ...
Asian Stocks jump while Dollar weakens
May 25th, 2017
South Korean stocks, won rally as interest rates kept on hold Hang Seng China Enterprises Index surge to highest since March The dollar weakened to the lowest since November while Asian stocks climbed with oil ahead of a key ...
European Stock Futures Rise Amid Payrolls Countdown as Oil Gains
September 2nd, 2016
Asian stocks little changed, as are U.S. equity futures Crude set for worst week in eight months on glut concern European stock index futures advanced and commodities gained ahead of key American jobs data that’s seen shaping expectations for ...
Asia mostly lower as oil retreats further; BOK keeps rates steady
August 11th, 2016
Asia markets were mostly lower on Thursday following U.S. losses, with sentiment likely driven by Wednesday’s oil price falls and anticipation of another data deluge from China on Friday. In Australia, the benchmark ASX 200 slid 35.71 points, or 0.64 percent, ...
Asian Equity Rally Loses Momentum With Oil Near $45; Pound Gains
July 14th, 2016
Japan’s Topix climbs, yen falls amid talk of helicopter money Sterling rises before forecast cut in U.K. interest rates The rally that drove Asian stocks to levels last seen in April showed signs of flagging as investors awaited details ...
Oil, Metals Rally as Fading Fed Move Prospects Keep Dollar Weak
June 9th, 2016
China markets closed; consumer prices rise as May PPI slips Kiwi strengthens; Japanese shares decline as yen advances Oil and metals advanced as mounting speculation the Federal Reserve will hold off on raising interest rates until later in the ...
Asian Stocks Rise With Won on China Trade Data; Oil Above $50
June 8th, 2016
Chinese imports rose in yuan terms for first time since 2014 Shanghai, Hong Kong shares pare losses as kiwi strengthens Asian stocks recovered from earlier losses and South Korea’s won extended gains as Chinese trade figures added to evidence the ...
