worldecomag

Yen sinks, Aussie climbs as Evergrande contagion fears recede

TOKYO, Sept 27 (Reuters) - The safe-haven yen sank to its lowest in nearly three months on Monday, while the…

4 years ago

Deutsche Boerse says relocation of euro clearing from London inevitable

LONDON, Sept 27 (Reuters) - Euro derivatives clearing was shifting from London to Frankfurt, showing how ending a heavy reliance…

4 years ago

Erdogan says Turkey plans to buy more Russian defense systems

WASHINGTON, Sept 26 (Reuters) - President Tayyip Erdogan said Turkey still intended to buy a second batch of S-400 missile…

4 years ago

Italy’s Enel spins off new firm for digital grid services – report

ROME, Sept 23 (Reuters) - Europe's biggest utility Enel (ENEI.MI) has set up a new company dedicated to digital grid services, which…

4 years ago

Credit markets will withstand Evergrande shocks

LONDON, Sept 23 (Reuters Breakingviews) - Is China Evergrande (3333. HK) another Lehman Brothers moment? Not at all, according to the $40…

4 years ago

StanChart says Evergrande crisis doesn’t dent enthusiasm for China

By Lawrence White LONDON, Sept 23 (Reuters) - The crisis at indebted developer China Evergrande Group (3333. HK) will not curb Standard Chartered's (STAN.L) appetite…

4 years ago

In the United States, the ‘pink sheets’ are being restructured as a securities regulator attempts to combat fraud!

If a new rule intended to wipe out fraud in this notoriously risky enclave goes into effect next week, up…

4 years ago

Adopting transparency in the FX industry

The use of FX benchmarks has steadily and significantly increased as a result of market demand for risk transparency and…

4 years ago

Five9 investors may do Zoom a favor

NEW YORK, Sept 22 (Reuters Breakingviews) - Zoom Video Communications’ (ZM.O) acquisition of Five9 (FIVN.O) is unraveling. Washington watchdogs are probing the transaction and Five9 investors…

4 years ago

COVID-19 cases are declining in Sydney as restrictions in virus hotspots are relaxed!

The Australian state of New South Wales (NSW) confirmed the minimum daily increase in COVID 19 case scenarios in more than three weeks on Monday, following the relaxation of certain lockdown restrictions in Sydney, the state capital, allowing for higher vaccination levels. The Premier of New South Wales, Gladys Berejiklian, announced that 935 new cases had been discovered in the…

4 years ago