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3h
Business Standard India
Rupee extends losses to 67.94, down 29pAccording to a forex dealer, a fresh fall in equity market affected the market
Rupee extends losses to 67.94, down 29p
Business Standard India / Posted 3 hours ago
According to a forex dealer, a fresh fall in equity market affected the market sentimentAccording to a forex dealer, a fresh fall in equity market affected the market sentiment Extending losses for the second... Read more
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7h
Newsmax
Geithner Gets JPMorgan Credit Line to Invest With Warburg PincusFormer U.S. Treasury Secretary Timothy Geithner is preparing to borrow from JPM
Geithner Gets JPMorgan Credit Line to Invest With Warburg Pincus
Newsmax / Posted 7 hours ago
Former U.S. Treasury Secretary Timothy Geithner is preparing to borrow from JPMorgan Chase & Co. to help fund his new career in private equity. Geithner secured a credit line with JPMorgan, one of the largest banks he oversaw during the financial... Read more
8h
AllAfrica.com
States' External Debt Rose By N270 Billion in Five Years - Debt Management OfficeThe 36 states of the federation and the Federal Capital Territory grew their ex
States' External Debt Rose By N270 Billion in Five Years - Debt Management Office
AllAfrica.com / Posted 8 hours ago
The 36 states of the federation and the Federal Capital Territory grew their external debts by $1.37bn (N270bn at the current interbank exchange rate of N197 to a dollar) in five years, investigation has shown. Statistics obtained from the Debt... Read more
8h
asianage
Rupee extends losses to 67.94, down 30 paiseRepresentational Image. The dollar index was up by 0.12 per cent against a bas
Rupee extends losses to 67.94, down 30 paise
asianage / Posted 8 hours ago
Representational Image. The dollar index was up by 0.12 per cent against a basket of six currencies in the late afternoon trade. Mumbai: Extending losses for the second straight day, the rupee on February 8, dropped by another 30 paise to close at... Read more
5 related stories
9h
The Economic Times
Rupee extends losses to 67.94, down 30 paiseMUMBAI: Extending losses for the second straight day, the rupee today dropped b
Rupee extends losses to 67.94, down 30 paise
The Economic Times / Posted 9 hours ago
MUMBAI: Extending losses for the second straight day, the rupee today dropped by another 30 paise to close at 67.94 per dollar on persistent demand for the American currency from banks and importers on the back of higher greenback overseas. The... Read more
2 related stories
9h
Business Standard India
Rupee extends losses to 67.94, down 30 paiseAccording to a forex dealer, a fresh fall in equity market affected the market
Rupee extends losses to 67.94, down 30 paise
Business Standard India / Posted 9 hours ago
According to a forex dealer, a fresh fall in equity market affected the market sentimentAccording to a forex dealer, a fresh fall in equity market affected the market sentiment Extending losses for the... Read more
2 related stories
11h
The Economic Times
Iran to India: Reactivate bank accounts with Indian banks, allow Iranian banks to open branchesNEW DELHI: Freed of international sanctions, Iran has asked India to reactivate
Iran to India: Reactivate bank accounts with Indian banks, allow Iranian banks to open branches
The Economic Times / Posted 11 hours ago
NEW DELHI: Freed of international sanctions, Iran has asked India to reactivate its accounts with Indian banks and allow Iranian banks to open offices here. Tehran has already opened an account with IDBI Bank. Iran's Central Bank last month... Read more
16h
asianage
Rupee opens 22 paise lower against dollarThe rupee had ended 6 paise down at 67.64 against the US dollar on Friday Fore
Rupee opens 22 paise lower against dollar
asianage / Posted 16 hours ago
The rupee had ended 6 paise down at 67.64 against the US dollar on Friday Forex dealers said increased demand for US currency from importers and dollar's gains against other currencies put pressure on the rupee. The rupee depreciated 22 paise to... Read more
5 related stories
16h
asianage
Rupee opens 22 paise lower against dollarThe rupee had ended 6 paise down at 67.64 against the US dollar on Friday Fore
Rupee opens 22 paise lower against dollar
asianage / Posted 16 hours ago
The rupee had ended 6 paise down at 67.64 against the US dollar on Friday Forex dealers said increased demand for US currency from importers and dollar's gains against other currencies put pressure on the rupee. The rupee depreciated 22 paise to... Read more
5 related stories
18h
The Hindu
Rupee opens 22 paise lower against dollarThe rupee depreciated 22 paise to 67.86 against the US dollar in early trade on
Rupee opens 22 paise lower against dollar
The Hindu / Posted 18 hours ago
The rupee depreciated 22 paise to 67.86 against the US dollar in early trade on Monday. The rupee depreciated 22 paise to 67.86 against the US dollar in early trade on Monday at the Interbank Foreign Exchange market due to appreciation of the... Read more
5 related stories
18h
The Financial Express
Indian Rupee opens 22 paise lower against US dollarThe Indian rupee depreciated 22 paise to 67.86 against the US dollar in early t
Indian Rupee opens 22 paise lower against US dollar
The Financial Express / Posted 18 hours ago
The Indian rupee depreciated 22 paise to 67.86 against the US dollar in early trade today at the Interbank Foreign Exchange market due to appreciation of the American currency overseas amid a lower opening in the domestic equity market. Forex... Read more
5 related stories
18h
Australian Broadcasting Corporation
This could be Australia's next financial scandal The Big Four banks will be quaking in their boots as they wait to see if the
This could be Australia's next financial scandal
Australian Broadcasting Corporation / Posted 18 hours ago
The Big Four banks will be quaking in their boots as they wait to see if the corporate regulator will take legal action against ANZ over alleged interbank interest rate rigging, writes Sheryle... Read more
12 related stories
18h
dna
Rupee opens 22 paise lower against dollarThe rupee depreciated 22 paise to 67.86 against the US dollar in early trade at
Rupee opens 22 paise lower against dollar
dna / Posted 18 hours ago
The rupee depreciated 22 paise to 67.86 against the US dollar in early trade at the Interbank Foreign Exchange market due to the appreciation of the American currency overseas amid a lower opening in the domestic equity market. Forex dealers said... Read more
5 related stories
1d
Newsmax
China's Foreign-Exchange Reserves Decline to $3.23 TrillionChina’s foreign-exchange reserves shrank to the smallest since 2012,indicating
China's Foreign-Exchange Reserves Decline to $3.23 Trillion
Newsmax / Posted yesterday
China’s foreign-exchange reserves shrank to the smallest since 2012,indicating that the central bank sold dollars as the yuan’s retreat to a five-year low exacerbated depreciation pressure. The world’s largest currency hoard declined by $99.5... Read more
29 related stories
2d
The Star
MBSB’s future back in focus after latest setbackTHE future of Malaysia Building Society Bhd (MBSB) has again come into focus fo
MBSB’s future back in focus after latest setback
The Star / Posted 2 days ago
THE future of Malaysia Building Society Bhd (MBSB) has again come into focus following two aborted merger attempts in a short span of time. But MBSB president and chief executive officer Datuk Ahmad Zaini Othman says that it would not have been a... Read more
3d
TechCrunch
Revolut Gets More Funding For Its Mobile Foreign Exchange ServiceBritish startup Revolut just closed its seed round. After announcing having rai
Revolut Gets More Funding For Its Mobile Foreign Exchange Service
TechCrunch / Posted 3 days ago
British startup Revolut just closed its seed round. After announcing having raised $2.3 million this Summer, the company has added a couple of new investors. In total, the company has raised $4.8 million (£3.2 million) from Index Ventures, Balderton... Read more
3d
WA Today
Blockchain and how it will change everythingRichard Branson's Necker Island was the site for an exclusive meeting to discus
Blockchain and how it will change everything
WA Today / Posted 3 days ago
Richard Branson's Necker Island was the site for an exclusive meeting to discuss blockchain. In May, British billionaire Richard Branson invited a select posse of entrepreneurs, venture capitalists and technology advisers to his Caribbean residence... Read more
5 related stories
3d
The Age
Blockchain and how it will change everythingRichard Branson's Necker Island was the site for an exclusive meeting to discus
Blockchain and how it will change everything
The Age / Posted 3 days ago
Richard Branson's Necker Island was the site for an exclusive meeting to discuss blockchain. In May, British billionaire Richard Branson invited a select posse of entrepreneurs, venture capitalists and technology advisers to his Caribbean residence... Read more
5 related stories
3d
Sydney Morning Herald
Blockchain and how it will change everythingRichard Branson's Necker Island was the site for an exclusive meeting to discus
Blockchain and how it will change everything
Sydney Morning Herald / Posted 3 days ago
Richard Branson's Necker Island was the site for an exclusive meeting to discuss blockchain. In May, British billionaire Richard Branson invited a select posse of entrepreneurs, venture capitalists and technology advisers to his Caribbean residence... Read more
5 related stories
3d
Canberra Times
Blockchain and how it will change everythingRichard Branson's Necker Island was the site for an exclusive meeting to discus
Blockchain and how it will change everything
Canberra Times / Posted 3 days ago
Richard Branson's Necker Island was the site for an exclusive meeting to discuss blockchain. In May, British billionaire Richard Branson invited a select posse of entrepreneurs, venture capitalists and technology advisers to his Caribbean residence... Read more
5 related stories
3d
Brisbane Times
Blockchain and how it will change everythingRichard Branson's Necker Island was the site for an exclusive meeting to discus
Blockchain and how it will change everything
Brisbane Times / Posted 3 days ago
Richard Branson's Necker Island was the site for an exclusive meeting to discuss blockchain. In May, British billionaire Richard Branson invited a select posse of entrepreneurs, venture capitalists and technology advisers to his Caribbean residence... Read more
5 related stories
3d
AllAfrica.com
Fitch - Nigeria's Oil Response Has Downside Fiscal, Growth RisksObinna Chima The federal government's recent economic policy announcements show
Fitch - Nigeria's Oil Response Has Downside Fiscal, Growth Risks
AllAfrica.com / Posted 3 days ago
Obinna Chima The federal government's recent economic policy announcements show its response to the oil price shock is coalescing around state-led development to boost economic growth and import substitution to blunt the effects of declining oil... Read more
3d
Finextra
Turkish ACH BKM launches FinTech IstanbulTurkish interbank card centre BKM is collaborating with academics from Istanbul
Turkish ACH BKM launches FinTech Istanbul
Finextra / Posted 3 days ago
Turkish interbank card centre BKM is collaborating with academics from Istanbul University and Ozyegin University to provide a framework for the country's startup ecosystem through the formation of FinTech Istanbul. Owned by ten of the countries... Read more
3d
AllAfrica.com
Naira Falls to Record Low At 311 a DollarNaira hits record low against the dollar and other major foreign currencies yes
Naira Falls to Record Low At 311 a Dollar
AllAfrica.com / Posted 3 days ago
Naira hits record low against the dollar and other major foreign currencies yesterday in the parallel market, extending the wide gap between official rate and that of black market. The naira, which has been hit by the collapse of crude oil prices,... Read more
3d
The Economic Times
Central bank tests new money supply tools for Year of the MonkeySHANGHAI: In the weeks leading up to the traditional Lunar New Year liquidity s
Central bank tests new money supply tools for Year of the Monkey
The Economic Times / Posted 3 days ago
SHANGHAI: In the weeks leading up to the traditional Lunar New Year liquidity squeeze, China's central bank has been busy testing its new "interest rate corridor", a tool that could help reduce the need for deeper monetary policy easing. The... Read more
3d
The Financial Express
Indian rupee weakens by 10 paise 67.65 vs dollar in early tradeThe Indian rupee weakened by 10 paise to quote at 67.65 against the dollar on F
Indian rupee weakens by 10 paise 67.65 vs dollar in early trade
The Financial Express / Posted 3 days ago
The Indian rupee weakened by 10 paise to quote at 67.65 against the dollar on Friday in early trade at the Interbank Foreign Exchange (forex) market today on fresh demand for the American currency from importers and banks. The dollar was firm... Read more
10 related stories
3d
dna
Rupee sinks by 10 paise against dollar in early tradeThe rupee weakened by 10 paise to quote at 67.65 against the dollar in early tr
Rupee sinks by 10 paise against dollar in early trade
dna / Posted 3 days ago
The rupee weakened by 10 paise to quote at 67.65 against the dollar in early trade at the Interbank Foreign Exchange market on Friday on fresh demand for the American currency from importers and banks. The US dollar was firm against some global... Read more
10 related stories
3d
The Hindu
Rupee sinks by 10 paiseThe rupee weakened by 10 paise to quote at 67.65 against the dollar in early tr
Rupee sinks by 10 paise
The Hindu / Posted 3 days ago
The rupee weakened by 10 paise to quote at 67.65 against the dollar in early trade at the Interbank Foreign Exchange (forex) market today on fresh demand for the American currency from importers and banks. The dollar was firm against some global... Read more
10 related stories
4d
The Hindu
Rupee logs best single day gain this year, up 52 paiseEnds at 67.55 on fresh selling of dollars by banks and exporters, helped by a r
Rupee logs best single day gain this year, up 52 paise
The Hindu / Posted 4 days ago
Ends at 67.55 on fresh selling of dollars by banks and exporters, helped by a recovery in equities and weakness of dollar in the overseas market.. Snapping its three-day losing run, the rupee on Thursday jumped 52 paise to log its biggest single day... Read more
2 related stories
4d
Finextra
Revolut passes $200m in transactions; closes $4.8m Seed roundRevolut, the MasterCard® connected Global Money App, today announces it has clo
Revolut passes $200m in transactions; closes $4.8m Seed round
Finextra / Posted 4 days ago
Revolut, the MasterCard® connected Global Money App, today announces it has closed its Seed round adding Index Ventures as an investor. The venture capital firm invests £1m, joining prior backers Balderton Capital, Seedcamp, Point Nine, Venrex and a... Read more
4d
The Daily Reckoning
More Evidence of the China PonziCredit ratings agency S&P downgraded BHP Billiton [ASX:BHP] from A+ to A. Why i
More Evidence of the China Ponzi
The Daily Reckoning / Posted 4 days ago
Credit ratings agency S&P downgraded BHP Billiton [ASX:BHP] from A+ to A. Why is this good news? Well, ratings agencies are ALWAYS behind the curve. This announcement is not news at all. The market knew this information a long time ago. It’s good... Read more
4d
AllAfrica.com
Shilling Makes Little Gains Against DollarThe shilling made couple of gains against the dollar in the first trading sessi
Shilling Makes Little Gains Against Dollar
AllAfrica.com / Posted 4 days ago
The shilling made couple of gains against the dollar in the first trading sessions of the month that was largely buoyed by the end of month inflows from the corporate sector. Also, according to the CRDB Bank market highlights the local currency's... Read more
5d
Business Standard India
Andrew Sheng & Xiao Geng: China's transparency problemThe Chinese economy has caught a surprisingly severe cold this winter - a cold
Andrew Sheng & Xiao Geng: China's transparency problem
Business Standard India / Posted 5 days ago
The Chinese economy has caught a surprisingly severe cold this winter - a cold so bad that almost all global markets are sneezingThe Chinese economy has caught a surprisingly severe cold this... Read more
5d
The Hindu
Rupee weakens further, down 9 paiseSustained demand for the U.S. currency from banks and importers contribute to f
Rupee weakens further, down 9 paise
The Hindu / Posted 5 days ago
Sustained demand for the U.S. currency from banks and importers contribute to fall amid falling crude prices and foreign capital outflows. In line with equities, the rupee also extended its losses for the third day on Wednesday by falling 9 paise to... Read more
10 related stories
5d
Business Standard India
Weak oil prices drag markets; Nifty ends below 7,400Financials were the top losers while oil shares also declined amid weak crude o
Weak oil prices drag markets; Nifty ends below 7,400
Business Standard India / Posted 5 days ago
Financials were the top losers while oil shares also declined amid weak crude oil pricesFinancials were the top losers while oil shares also declined amid weak crude oil prices Benchmark share... Read more
36 related stories
5d
International Business Times
Could high-frequency trading tricks be killed off by a blockchain-based 'capital markets utopia'? A blockchain-based "capital markets utopia" that could prevent market manipulat
Could high-frequency trading tricks be killed off by a blockchain-based 'capital markets utopia'?
International Business Times / Posted 5 days ago
A blockchain-based "capital markets utopia" that could prevent market manipulation associated with high-frequency trading (HFT) strategies has been considered in a report by global management consulting firm Oliver Wyman and financial services... Read more
5d
AllAfrica.com
CBN Plans Forex Intervention for BanksThe Central Bank of Nigeria is planning to pump foreign exchange in to the mark
CBN Plans Forex Intervention for Banks
AllAfrica.com / Posted 5 days ago
The Central Bank of Nigeria is planning to pump foreign exchange in to the market this week as it told commercial banks yesterday to fund their naira accounts to be able to participate in a currency intervention on the interbank market on... Read more
5d
asianage
Rupee again breaches 68-mark, down 28 paise in early tradeRepresentational Image. Rupee is trading at 68.26 against the dollar in early
Rupee again breaches 68-mark, down 28 paise in early trade
asianage / Posted 5 days ago
Representational Image. Rupee is trading at 68.26 against the dollar in early trade Mumbai: The rupee again broke below the 68-mark by depreciating 28 paise to trade at 68.26 against the dollar in early trade at the Interbank Foreign Exchange, due... Read more
10 related stories
5d
The Hindu
Rupee breaches 68-mark against U.S. dollarThe rupee depreciated by 28 paise to trade at 68.26 against the U.S. dollar in
Rupee breaches 68-mark against U.S. dollar
The Hindu / Posted 5 days ago
The rupee depreciated by 28 paise to trade at 68.26 against the U.S. dollar in early trade on Wednesday at the Interbank Foreign Exchange, due to increased demand for the American unit from importers and banks amid a lower opening in the domestic... Read more
10 related stories
5d
New Kerala
Chinese yuan weakensBeijing, Feb 3 : The central parity rate of the Chinese currency renminbi (yuan
Chinese yuan weakens
New Kerala / Posted 5 days ago
Beijing, Feb 3 : The central parity rate of the Chinese currency renminbi (yuan) weakened by 11 basis points to 6.5521 against the US dollar on Wednesday, according to the China Foreign Exchange Trading System. In China's spot foreign exchange... Read more
2 related stories
6d
The Hindu
Rupee extends losses, down 14 paise at 67.98The rupee extended its loss for the second straight day, slipping by another 14
Rupee extends losses, down 14 paise at 67.98
The Hindu / Posted 6 days ago
The rupee extended its loss for the second straight day, slipping by another 14 paise to 67.98 per dollar on sustained demand for the US currency from banks and importers amid a massive fall in equities, as the Reserve Bank kept its key policy rate... Read more
6d
The Malaysian Insider
Emerging stocks drop as oil sinks energy shares, ringgit weakens Published: 2 February 2016 3:49 PM Ringgit has taken a tumble after Swiss au
Emerging stocks drop as oil sinks energy shares, ringgit weakens
The Malaysian Insider / Posted 6 days ago
Published: 2 February 2016 3:49 PM Ringgit has taken a tumble after Swiss authorities say it’s pursuing an investigation into alleged diversion of funds from 1Malaysia Development Bhd... Read more
6d
Zawya
GCC sovereigns to tap global loan market GCC sovereigns have increasingly issued syndicated loans in 2015 in an effort
GCC sovereigns to tap global loan market
Zawya / Posted 6 days ago
GCC sovereigns have increasingly issued syndicated loans in 2015 in an efforts to tap international markets. The sovereigns mainly looking to tap this market are Qatar and Oman, NBK's economic update on GCC... Read more
6d
Business Wire
UBS Group AG UK Regulatory Announcement: UBS 2015 Net Profit up 79% to CHF 6.2 BillionUBS Group (NYSE:UBS) (SWX:UBSN) net profit for 2015 increased 79% year on year
UBS Group AG UK Regulatory Announcement: UBS 2015 Net Profit up 79% to CHF 6.2 Billion
Business Wire / Posted 6 days ago
UBS Group (NYSE:UBS) (SWX:UBSN) net profit for 2015 increased 79% year on year to CHF 6.2 billion.3 Adjusted1 Group profit before tax for the year was CHF 5.6 billion (reported CHF 5.5 billion). Despite very challenging market conditions, UBS’s... Read more
4 related stories
6d
Business Standard India
Rupee slips from early gains, down 5 paise vs dollar in late morningThe Indian unit resumed slightly lower at 67.85 per dollar as against yesterday
Rupee slips from early gains, down 5 paise vs dollar in late morning
Business Standard India / Posted 6 days ago
The Indian unit resumed slightly lower at 67.85 per dollar as against yesterday's closing level of 67.84 at the Interbank Foreign Exchange (Forex) market. Later, it recovered to 67.77, before slipping back to quote 67.89 at 1045 hours. The domestic... Read more
6d
Business Wire
UBS 2015 Net Profit up 79% to CHF 6.2 BillionUBS Group (NYSE:UBS) (SWX:UBSN) net profit for 2015 increased 79% year on year
UBS 2015 Net Profit up 79% to CHF 6.2 Billion
Business Wire / Posted 6 days ago
UBS Group (NYSE:UBS) (SWX:UBSN) net profit for 2015 increased 79% year on year to CHF 6.2 billion.3 Adjusted1 Group profit before tax for the year was CHF 5.6 billion (reported CHF 5.5 billion). Despite very challenging market conditions, UBS’s... Read more
4 related stories
6d
New Kerala
Chinese yuan strengthens against dollarBeijing, Feb 2 : The central parity rate of the Chinese currency renminbi, or t
Chinese yuan strengthens against dollar
New Kerala / Posted 6 days ago
Beijing, Feb 2 : The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by 29 basis points to 6.551 against the US dollar on Tuesday, according to the China Foreign Exchange Trading System. In China's spot foreign... Read more
2 related stories
6d
The Courier Mail
RBA holds cash rate at 2%Central bank decides against further trimming rates at first board meeting for
RBA holds cash rate at 2%
The Courier Mail / Posted 6 days ago
Central bank decides against further trimming rates at first board meeting for 2016. The Reserve Bank of Australia has held the official interest rate steady at the current record-low level of 2 per cent at its February board meeting today. All but... Read more
34 related stories
6d
Business Spectator
RBA holds cash rate at 2%The Reserve Bank of Australia has held the official interest rate steady at the
RBA holds cash rate at 2%
Business Spectator / Posted 6 days ago
The Reserve Bank of Australia has held the official interest rate steady at the current record-low level of 2 per cent at its February board meeting today. All but one of the 29 economists surveyed by Bloomberg had expected the RBA to keep rates on... Read more
34 related stories
6d
Zero Hedge
Hong Kong Housing Bubble Suffers Spectacular Collapse: Sales Plunge Most On Record, Prices CrashTwo months ago, we observed the record plunge in Hong Kong home sales when acco
Hong Kong Housing Bubble Suffers Spectacular Collapse: Sales Plunge Most On Record, Prices Crash
Zero Hedge / Posted 6 days ago
Two months ago, we observed the record plunge in Hong Kong home sales when according to Land Registry data, a paltry 2,826 registered residential transactions were record, down 14.4% from October and what we thought was an amazing 41.7% less than in... Read more
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