Search Results for: Singapore
Development of FinTech innovation within the ASEAN region; IFC and MAS collaboration
May 24th, 2017
IFC and Monetary Authority of Singapore Collaborate to Advance FinTech Innovation in Asia IFC, a member of the World Bank Group and the Monetary Authority of Singapore (MAS) signed a memorandum of cooperation, agreeing to work together to establish ...
Oil prices fall as White House proposes U.S. oil reserve sales
May 23rd, 2017
Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country’s strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market. Brent crude futures LCOc1 were ...
Japan currency rises; Pound slips
May 23rd, 2017
Trump Concern, Manchester Blast Spur Risk-Off Tone Japan currency rises after latest report on Washington turmoil Pound slips after suspected terrorist attack at U.K. concert The yen rose with gold and U.S. equity-index futures fell as investors took a ...
CLS shareholders elect nine new board directors
May 19th, 2017
CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced that nine new directors have been elected to its Board of Directors at its Annual General Meeting held ...
Euro sets one-week high ahead of GDP data; dollar inches lower
May 16th, 2017
The euro touched a one-week high on Tuesday ahead of the release of euro zone gross domestic product data, as the dollar struggled to gain traction in the wake of a surprisingly soft U.S. manufacturing report. The euro rose ...
Oil jumps after Saudis, Russia say supply cut to be extended to March 2018
May 15th, 2017
Oil prices jumped over 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and Russia jointly said that a crude production cut would be extended from the middle of this year until ...
China shares gain on spending program
May 15th, 2017
Hang Seng China Enterprises Index on course for six-day surge Oil climbs as Russia, Saudi Arabia favor extending output deal Chinese equities rose as optimism over infrastructure spending offset concerns over the strength of the global economy, while oil surged ...
Crude’s rally took the price of a barrel back above $48 in New York
May 12th, 2017
Retailers slump on Macy’s results as bonds, gold advance Crude sustains momentum in wake of U.S. stockpile data U.S. stocks fell from records, though losses eased in afternoon trading as crude’s rally took the price of a barrel back ...
Asia Stocks Rise; Yen Gains
May 10th, 2017
China shares in Hong Kong surge, Kospi drops after election S&P 500 futures slip as Trump fires FBI boss James Comey Asian stocks resumed a rally as Hong Kong shares jumped to a 21-month high. U.S. stock-index futures slipped ...
Oil prices rise on expectation of output cut extension
May 8th, 2017
Oil prices rose on Monday as Saudi Arabia’s energy minister said an OPEC-led production cut scheduled to end in June would likely be extended to cover all of 2017, although a relentless increase in U.S. drilling capped gains. Brent ...
