Search Results for: Singapore
Yuan Set for Biggest Weekly Drop Since January as Pressures Rise
October 14th, 2016
Decline in exports supports case for further depreciation: ANZ Chinese currency retreats as dollar climbs on Fed rate bets China’s yuan headed for the biggest weekly decline since January as mainland markets returned from holidays to face intensified depreciation ...
ICAP acquires Abide Financial
October 13th, 2016
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has acquired Abide Financial (Abide), a market-leading global regulatory reporting specialist. Abide will become a subsidiary of ICAP’s ...
Dollar falls from 2-1/2 month high vs yen after weak China trade data
October 13th, 2016
The dollar pulled back from a 2-1/2 month high against the yen on Thursday after surprisingly weak Chinese trade data stirred fresh concern about the world’s second-largest economy. The dollar dropped to as low as 103.555 yen JPY= at one point, ...
Thomson Reuters Launches TRAC to Combat Trade Based Money Laundering
October 12th, 2016
Thomson Reuters announces today the launch of TRAC, its new anti-money laundering solution to combat trade based money laundering (TBML) and drive transparency and efficiency across trade finance. TBML is the use of international trade as a channel for ...
Avelacom entered into a partnership with DGCX
October 11th, 2016
The partnership expands options for financial services industry to speed up their trading and identify new arbitrage trading opportunities across key financial and commodity derivatives markets. Avelacom will provide DGCX members with added connectivity choices and infrastructure solutions. The ...
MAS: Falcon Bank to Cease Operations due to serious failures in AML controls
October 11th, 2016
The Monetary Authority of Singapore (MAS) announced today that it is withdrawing the merchant bank status of Falcon Private Bank Ltd, Singapore Branch (Falcon Bank) for serious failures in anti-money laundering (AML) controls and improper conduct by senior management ...
FXecosystem Announces Asia Expansion
October 10th, 2016
FXecosystem, a leading provider of institutional and retail FX outsourced connectivity services, announces expansion into Asia, with the opening of its regional headquarters in Singapore and a point of presence (POP) in the prestigious Equinix (Nasdaq: EQIX) SG1 Singapore ...
Dubai to overtake London as top pick for wealthy GCC investors
October 10th, 2016
Dubai’s property market is set to overtake the international destinations of London, New York and Singapore as the top choice for the GCC’s wealthiest investors next year, a report has found. The region’s high net worth individuals ($1m-plus) ranked ...
Kiwibank Fintech Accelerator to scale up Kiwi start-ups
October 7th, 2016
New Zealand’s first FinTech Accelerator has been set up to turn great ideas into fledgling businesses, and could help New Zealand grow its share of a burgeoning global $1 trillion (NZD) industry. Kiwibank, Xero, Callaghan Innovation and Creative HQ ...
Asia Stocks Fall as Pound’s Flash Crash Supports Yen, Treasuries
October 7th, 2016
Sterling briefly sinks as much as 6.1%, most since Brexit Dollar gains as Fed rate-hike bets build before payrolls Asian stocks fell with U.S. equity index futures and the yen strengthened after a sudden plunge in the pound spooked ...
