Search Results for: Yuan
Asus to pay millions euro to settle price manipulation allegations
May 15th, 2018
Taiwan’s Asustek Computer, known as Asus, on Friday said it reached an agreement with the European Union to pay about 65 million euros ($77.6 million) to settle allegations of price manipulation in its PC business in Europe. “Although it ...
Key events for traders coming up this week; Asian stocks mixed, Dollar fluctuates
May 7th, 2018
Asian stocks started the week mixed after oil gained to the highest in more than three years and the dollar fluctuated close to its recent high. Shares pared earlier losses in Japan while climbing in Australia and Hong Kong. ...
British pound was little changed, Singapore dollar pared gains, Asian stocks up
April 13th, 2018
Asian stocks built on this week’s advance after signs that trade tensions are easing boosted risk appetite. The dollar steadied and Treasury yields pared gains. Equities from Sydney to Tokyo advanced though were off the day’s highs, while a ...
Oil prices rise as OPEC seen continuing supply cuts through 2018
March 29th, 2018
Oil prices rose on Thursday as the producer cartel OPEC and other suppliers look set to continue withholding output for the rest of the year and potentially into 2019. U.S. WTI crude futures CLc1 were at $64.62 a barrel ...
Euro rose 0.1 percent, the sell-off stretched into Asia on Monday; What’s coming up this week
March 26th, 2018
The sell-off that sent global markets into a tailspin last week stretched into Asia on Monday as investors continue to assess the impact that American protectionist policies will have on global growth. U.S. equity futures offered some hope of ...
Currency exchange value dynamics
March 2nd, 2018
In a recent article I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant bombshell, even to those who already see inflation as society’s greatest problem in the ...
China’s mobile payments skyrocket in 2017
February 21st, 2018
China’s mobile payments in 2017 totaled 81 trillion yuan, or US$12.77 trillion, as of October according to a report from the Xinhua news agency this week. The volume crushed the total for the whole of 2016, which came in ...
The yen fell, euro climbed, New Zealand dollar dropped; Asian stocks fluctuated Thursday
February 8th, 2018
Asian stocks fluctuated Thursday as investors assessed the implications of the recent market turmoil that has elevated volatility. The yuan dropped the most since August 2015 after trade figures missed estimates and amid speculation policy makers will step up ...
Traders review: Euro was steady, Yen changed, Pound was flat; Asian equities were mixed
January 22nd, 2018
Asian equities were mixed, while the dollar and Treasuries halted a recent selloff as investors assess the impact of the U.S. federal government shutdown. The greenback was steady as the shutdown dragged into a third day after Senate leaders ...
Asian equities’ best start to a year since 2006 continued Tuesday; The euro gained less than 0.05 percent
January 16th, 2018
Asian equities’ best start to a year since 2006 continued Tuesday as most bourses in the region pushed higher. The yen declined amid concern Japanese authorities may want to limit gains that pushed the currency to a four-month high. ...
