Search result for exchange
U.S. job market strength leads to a four-week high for the dollar in foreign exchange markets.
On Friday, the dollar reached its highest level in over a month as a result of U.S. economic statistics showing a still tight labour market, which could suggest the Federal Reserve continues rising interest rates quickly. Statistics released on Thursday indicated that the number of Americans fili...
Financial equities are expected to rise as investors anticipate higher dividends.
Following this year's strong profits growth, financial equities in the region are expected to rise on rising expectations of substantial dividends. According to market observers, the financial watchdog agency's decision to decrease its participation in the shareholder return plans of bank...
Thai Stock Market: Expected Resistance 1.603 Points
On back-to-back trading days, the Thai stock market increased, gaining more than 40 points or 2.6 per cent. The Stock Exchange of Thailand is currently hovering just above the 1,590-point threshold, but Tuesday's opening is expected to be negative. A minor consolidation is predicted for the A...
Good economic news; the question now is how to break out of stagflation with a major price shock impending
It's all to play for as the economy appears to be on track for strong growth this year. The most important element is the price of oil, which has dropped in the previous month. Inflation and the erosion of customer buying power are currently the most serious threats to the government's pr...
Thailand prohibits the use of cryptocurrency for payment and places restrictions on trading and investing
Thailand has stated that cryptocurrency would no longer be accepted as a form of payment for goods and services.
The Securities and Exchange Commission (SEC) said on Wednesday that the prohibition will take effect on April 1.
"The SEC creates regulations for providing ser...
Blackstone to Invest in Currencies Direct to Target M&A Opportunities
Currencies Direct that is a London-based digital foreign exchange player, has talked Blackstone into investing a sum of £140 million in them. There will be a partnership involved in the funding, by the management team of Currencies Direct, that Keith Hatton leads, and Palamon, apan-European...
Coinbase cares for its employees
Highlights:
- Coinbase declares the entire company will be taking a break to allow staff to rejuvenate.
Coinbase, a cryptocurrency exchange platform American company that operates remote-first and lacks an official physical headquarters. The com...
Thailand's government tries to simplify crypto tax calculations.
Highlights :
Thailand is a major tourist destination, and authorities have been trying to demonstrate a friendly attitude towards the growing number of cryptocurrency users. In September, the country’s tourism authority announced it wanted to encourage a “cryptourism atmosph...
Crypto terror in Pakistan
Highlights:
- Pakistan has issued a warning to Binance
Binance is a cryptocurrency exchange platform. It was founded in 2017 headquartered in the Cayman Islands.
FIA (Federal Investigation Agency) has issued a notice to Binance. A scam ...
NEW PROGRAMS OF US-JAPAN EDUCATIONAL EXCHANGE TO BEGIN SOON
HIGHLIGHTS
- MOFA and DoDEA have forged a partnership for US – Japan educational exchange.
- The new educational and cultural exchanges, along with programs related to them are to begin soon.
With support from United States (US) em...
TOKYO STOCKS END HIGH ON EASING U.S MONETARY STIMULUS
Highlights –
- Tokyo stocks end high on easing U.S monetary stimulus.
- The 225-issue Nikkei Stock Average ended up 213.07 points, or 0.74 percent.
- The broader Topix index of all First Section issues on the TSE finished 5.73 points, or 0....
TOKYO STOCKS END MIXED OVER APPROVAL OF ALZHEIMER’S DRUG
Highlights –
- Tokyo stocks end mixed over approval of Alzheimer’s drug.
- The 225-issue Nikkei Stock Average ended down 55.68 points, or 0.19 percent.
- Topix index of all First Section issues on the TSE finished 1.80 points, or 0.09...
NIKKEI ENDS HIGH OVER U.S EMPLOYMENT DATA
Highlights –
- Nikkei end higher over U.S employment data.
- The 225-issue Nikkei Stock Average ended up 77.72 points, or 0.27 percent.
- Topix index of all First Section issues on the TSE finished 1.66 points, or 0.08 percent.
- S...
CHINA PBC CONDUCTS REVERSE REPOS OF 10 BILLION YUAN
Highlights –
- People’s Bank of China (PBC) set interest rate for the seven-day reverse repos at 2.2 percent.
- China's yuan weakened against a basket of currencies last week.
- China's interbank treasury bond index in net pri...
TOKYO STOCKS END HIGHER OVER COVID-19 INOCULATIONS
Highlights –
- Tokyo stocks end higher over COVID-19 inoculations.
- The 225-issue Nikkei Stock Average ended up 131.80 points, or 0.46 percent.
- Topix index of all First Section issues on the TSE finished 16.15 points, or 0.84 percent.
BOJ REFRAINS FROM BUYING ETFs IN MAY FOR THE 1ST TIME
Highlights –
- BOJ refrains from buying ETFs in May for the 1st time.
- BOJ removed a $55 billion annual target for purchases to make ETF buying more flexible in March.
- The BOJ's total assets quadrupled to over 700 trillion yen over t...
PBOC RAISE RESERVE REQUIREMENT RATIO FOR FOREIGN CURRENCY DEPOSITS
Highlights –
- PBOC raise reserve requirement ratio for foreign currency deposits.
- Chinese currency renminbi (RMB) remains high against the U.S. dollar.
- RMB has likely experienced some overshooting against the U.S. dollar.
- RM...
TOKYO STOCKS OPEN LOW AS INVESTORS LOCKED IN GAINS
Highlights –
- Tokyo stocks open low as investors locked in gains.
- The 225-issue Nikkei Stock Average fell 220.72 points, or 0.76 percent, from Friday to 28,928.69.
- The broader Topix index of all First Section issues on the TSE was down...
INDIA'S FOREX RESERVES RISE TO USD 589.465 BILLION
HIGHLIGHTS
- India's Forex Reserves have risen to US $ 589.465 billion.
- FCA of India have also increased.
- In the same period, the Gold Reserves of India also increased.
India's foreign exchange (Forex) reserves have ...
TOKYO STOCKS END HIGH OVER STRONG EXPORT DATA ON THURSDAY
Highlights –
- Tokyo stocks end high over strong export data on Thursday.
- The 225-issue Nikkei Stock Average ended up 53.80 points, or 0.19 percent.
- Stocks gained in textile and apparel, metal product and rubber product issues. <...