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Asian shares and Wall Street futures rallied on Tuesday as the formal start of the Federal Reserve’s corporate bond buying programme boosted global investor sentiment and calmed earlier worries about a second wave of coronavirus infections. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose 2.2%, its biggest one-day gain since June 1. […]
Asian stocks stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China further weighed on sentiment. Asian stocks MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3% with Australian shares off 0.1%. South Korea easing […]
American Express announced that joins forces in mainland China with Express (Hangzhou) Technology Services Company Limited (“Express Company”), has received approval from the People’s Bank of China (PBOC) for a network clearing license. With this, American Express becomes the first foreign payments network to be licensed to clear RMB transactions in mainland China. The company […]
Asian stocks came off their lows on Friday (June 12) after a selloff in the wake of a Wall Street rout triggered by concerns that the epic rally since March was excessive, given the emergence of a second wave of coronavirus infections in the United States. Asian Stocks Singapore shares plunged at the open with the Straits Times Index sinking 3.4 […]
Asian shares were mostly lower Thursday, with Tokyo dropping more than 1% as the Japanese yen gained after the Federal Reserve said it would keep interest rates low through 2022. Asian Shares Japan’s benchmark Nikkei 225 lost 1.2% to 22,842.90. South Korea’s Kospi edged 0.2% lower to 2,190.74. Hong Kong’s Hang Seng gained 0.3% to […]
Digital wallet and mobile payments operator Skrill, part of Paysafe Group launches free international Money Transfer service in United States. Existing and new Skrill customers in the United States can now use the solution to transfer money for free to friends and family in Mexico, India and 16 other Asian and European countries, with others available shortly. […]