Search result for treasury
U.S. employment data boosts the dollar and yields, and gold prices fall.
On Thursday, gold prices dipped as the U.S. weekly jobs data suggested a tight labor market, which could keep the Fed on its rate-hiking cycle and support the currency and Treasury yields.
At 3:23 p.m. ET on Thursday, spot gold had fallen to $1,836.39 per ounce after gaining in each of ...
Auction Of T-Bonds (Dirham)
On Saturday, the UAE Ministry of Finance announced that a second auction of federal treasury bonds will take place on June 20. AED1.5 billion will be auctioned off in two tranches: AED750 million which means $204 million for two years and AED750 million for three years. At an effort to boost seco...
CRYPTOCURRENCY POSES A RISK OF TAX EVASION, THERE IS A NEED OF STRICTER COMPLIANCE: US TREASURY
Highlights
• The Treasury said in a release that it will require any transfer worth $10,000 or more to be reported to the Internal Revenue Service
• The Treasury Department said “Cryptocurrency already poses a significant detection problem by facilitating illeg...
TOKYO STOCKS END HIGH ON JAPAN’S APPROVAL OF VACCINES
Highlights –
- Tokyo stocks end high on Japan’s approval of vaccines.
- The 225-issue Nikkei Stock Average ended up 219.58 points, or 0.78 percent.
- The broader Topix index of all First Section issues on the TSE finished 8.77 points,...
S. KOREA SK TELECOM TO CANCEL 8.69 MILLION TREASURY SHARES
Highlights –
- S. Korea SK Telecom to cancel 8.69 million treasury shares.
- The company plans to cancel the shares in a move to boost shareholder value.
- The cancellation reduces its total issued stocks from 80.75 million to 72.06 million...
‘INDIA HAS BEEN EXEMPLARY IN PUBLISHING ITS FOREIGN EXCHANGE MARKET INTERVENTION’ SAYS US REPORT
Highlights
• In a report submitted to Congress on Friday, the US Department of Treasury said India has been exemplary in publishing its foreign exchange market intervention
• According to the India section of the Treasury Department report, India's goods trade su...
S. KOREAN STOCKS END LOW OVER WEAK INVESTOR SENTIMENT
Highlights –
- S. Korean stocks end low over weak investor sentiment.
- The benchmark KOSPI fell 26.48 points.
- Trading volume at KRX was moderate at about 1.1 billion shares.
- Samsung Electronics shares lost 1.21 percent to 81,9...
US 10-YR TREASURY YIELD ROSE TO 1.74% FOR FIRST TIME SINCE JANUARY 2020
Highlights
• For the first time since January 2020, the U.S. 10-year Treasury yield on Thursday went up to 1.74 percent
• According to the US Federal Reserve, it was expecting higher economic growth and inflation in the country this 2020 and also repeated its pledge ...
JANET YELLER WARNS ABOUT BTC ONCE AGAIN
Highlights:
• Yeller has consistently maintained that BTC used for illegal fundings
• She has specifically stated funding i...
BCB LAUNCHES BCB TREASURY; A CRYPTO CUSTODY SERVICE
Highlights:
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BCB Treasury is a service yet it combines educating about crypto
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The service is aimed at CFOs
Since the big names have come out with their support for bitcoin, a lot of curiosity has generated about the crypto do...
HONG KONG RETAIL INVESTORS BANNED FROM CRYPTO INVESTMENTS
Highlights:
- Hong Kong retail investors will no longer be able to invest in crypto
- This move is to strengthen the country’s anti-money laundering policy
Cryptocurrencies and crypto assets have earned a bad name for themselves due to peopl...
JANET YELLEN : CRYPTOCURRENCIES ARE EASIER TO HANDLE TO FINANCE TERRORISM
Highlights:
• US Treasury Secretary Janet Yellen has been reiterating the risks involved in cryptocurrencies
• Yeller also ...
BITCOIN SLIDES 5% AFTER "CRYPTOCURRENCY USED BY TERRORISTS’ “STATEMENT
Highlights:
- Bitcoin’s bull run continues even as it slides 5%
- Bitcoiners are still buying unfazed by the drop
The de-centralised, unregulated, and volatile chara...
U.S. TREASURY SECRETARY NOMINEE JANET YELLEN TO PRESENT $1.9 TRILLION STIMULUS PACKAGE
Highlights
• The Senate Finance Committee's hearing is expected to feature several topics like foreign-exchange policy to taxes
• The most important topic in this hearing will be the President-elect Joe Biden’s $1.9 trillion coronavirus relief plan
<...GOLD PRICES SLUMP AS DOLLAR RATE STEADIES
Highlights
• The traders seemed optimistic with the reports of President-elect Joe Biden planning to unveil his stimulus plan worth over $1.3 trillion
• Spot gold went down by 0.3 percent to $1,838.44 per ounce, while the US gold future fell 0.8 percent to $1,839.80<...
U.S. BLOCKED FUNDS WORTH $63MN OF TERRORIST GROUPS LIKE JeM & LeT
Highlights
• The United States blocked funds worth $342,000 of the LeT, $1,725 of the JeM and $45,798 of the Harkat-ul-Mujahideen-al-Islami, a jihad group
• The report also said another Pakistan-based terrorist outfit Hizbul Mujahideen, which also operates in Kashmir...
U.S. ONCE AGAIN PUTS INDIA ON THE CURRENCY MANIPULATION WATCHLIST
Highlights
• This moves came after continuous dollar purchases made by the Reserve Bank of India that resulted in its forex reserves going up by $100 billion in this financial year
• Recently the U.S. Treasury Department labeled Switzerland and Vietnam as currency ma...
U.S. DESIGNATES SWITZERLAND AND VIETNAM AS CURRENCY MANIPULATORS
Highlights
• The U.S. Treasury Department labeled Switzerland and Vietnam as currency manipulators and has decided to keep China on a watch list
• As per the Treasury, Switzerland was judged to have intervened in the currency market by more than was necessary to addr...
U.S. IMPOSES SANCTIONS ON CHINA’S WAN KUOK KOI, LEADER OF 14K TRIAD
Highlights
• The US imposed sanctions on Wan Kuok Koi, the leader of organised crime group in China named 14K Triad and a member of the Chinese Communist Party’s Chinese People’s Political Consultative Conference
• Along with Wan, who also known as &ldquo...
U.S. SANCTIONS FIVE COMPANIES FROM CHINA & RUSSIA IN LINKS WITH IRAN
Highlights
• The United States has sanctioned five companies in China and Russia over the claims that they were promoting Iran’s missile program
• The Treasury Department has plans to announce more sanctions on Iran in upcoming weeks in relations to arms, human...