Shearman & Sterling expands its worldwide M&A practice with the addition of Kok Jin Ong to its Singapore office

Kok Jin Ong, a Singapore-based counsel, has joined Shearman & Sterling's worldwide mergers and acquisitions group.

Jin specialises in energy and infrastructure M&A in the Asia-Pacific region, with a specific focus on energy, including renewables and other power transactions ...

IMPROVED RISK SENTIMENT AND FISCAL STIMULUS HELPED STERLING RISE ON MONDAY

Highlights –

• Improved risk sentiment and fiscal stimulus helped sterling rise on Monday.
• The British pound rose by about 2% this month.
• Against the euro, the pound was 0.2% weaker at 89.67 pence.
• Investors are still worrie...

THE BRITISH POUND EDGED UP BY 0.4% AGAINST THE DOLLAR

Highlights –

• The British pound edged up by 0.4% against the dollar.
• Trade deal between Britain and EU still remains to weigh on the British currency.
• Finance Minister added $38 billion to help the economy.
• Investors did no...

POUND FELL LOWEST AGAINST EURO IN THREE MONTHS TIME

Highlights –

• Sterling hits lowest in three months’ time against Euro.
• The Euro did better due to French economic activities rebounding.
• The pound fell at 90.775 pence per euro.
• Against the dollar, the pound was up 0.4...

POUND RISE AGAINST DOLLAR, STRONGEST SINCE END OF MARCH

Highlights –

• The pound rose above $1.27, highest since the end of March.
• The pound has gained more than 3 cents in a week, rose at $1.2705.
• The pound has gained 5% against the dollar.

Since the end of March market re...

STERLING SLUMPS AGAIN

Highlights:

• The pound remained above $1.30.
• Sterling fell 0.3% against the euro and settled at 83.28 pence.
• The interest rates remained unchanged at 0.75% last month.

On Monday, the pound has experienced a slump. It gave b...

STERLING BECAME THE BEST PERFORMING CURRENCY LAST WEEK AMONG G7 CURRENCIES

Highlights:

• Pound Sterling gained 0.37% over the Euro.
• The People’s Bank of China will invest 1.2 trillion yuan to stabilize its markets.
• Pound Sterling became the best performing currency among the G7 currencies last week.

WHICH CURRENCY TO LEAD IN 2020?

Every year the global currencies knock against each other for the top position. Although the trend can be different this year. The currencies ought to race to the bottom. The race is among more than 30 central banks around the world for shunting the interest rates in a desperate attempt to avoid ...