News

Singapore Beats USA As No1 Destination For Chinese Investments

The United States has been the number one investment destination for top Chinese companies and wealthy investors for a long…

7 years ago

Pound turns bullish on expectation of Brexit breakthrough

As the UK inflation rate nudged toward 3%, the Pound turned bullish in September. The rate hike in November ensured…

7 years ago

Euro turns weak on German political uncertainty

For the past two months, the EUR/JPY pair has been range bound between 132.40 and 133.40. Both the Euro zone…

7 years ago

Groupon swings to Q3 profit, raises FY17 profit view

Last week, the online daily deal service provider Groupon, Inc. (NASDAQ: GRPN) reported a swing to profit in the fiscal…

7 years ago

Interest rate differentials signal uptrend in AUD/CHF pair

So far in November, the Australian dollar has been on a steady decline against the Swiss Franc. The forced shut…

7 years ago

Pound signals uptrend on signs of peaking inflation

The Euro is on a tear against the Pound as the British Prime Minister Theresa May struggles to resolve issues…

7 years ago

PayPal Ordered To Disclose Canadian Customer Data From 2014

PayPal recently announced that it had received an order from the Federal Court of Canada to submit all business customer…

7 years ago

Credit Suisse Hit With $135 Million Fine For Forex Violations

New York’s State Department of Financial Services (DFS) announced this week that they had decided to impose a fine of…

7 years ago

Nokia sees poor demand for telecom equipment in FY18

Due to technology transition, heavy competition from China, and operator consolidation in some countries, the erstwhile mobile handset manufacturer, Nokia…

7 years ago

Kiwi dollar weakens on decline in dairy products prices

The uncertainty caused due to general elections in the New Zealand sparked a downtrend in the NZD/USD pair. On the…

7 years ago