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Moscow Exchange announced trading in the US Dollar/Japanese Yen (USD/JPY) currency pair. Trades will be settled same day (T+0), next day (T+1) and on T+2 after the trade date. Оvernight and tom-next swaps will be also available. Тhe currency pair will also be available for OTC trading with tight spreads as part of MOEX’s service […]

IBM and blockchain consultancy Chainyard announced a new  blockchain-based network designed to improve supplier validation, onboarding and life cycle information management “Trust Your Supplier Network”. Traditional methods of managing suppliers often involve cumbersome manual processes, which make it difficult to verify identities and track documents like ISO certifications, bank account information, tax certifications, and certificates […]

Asian shares suffered their steepest daily drop in nine months on Monday, as Sino-U.S. trade friction sent the yuan slumping to a more than decade trough and stampeded investors into safe harbors including the yen, bonds and gold. Asian Shares Australia’s S&P/ASX 200 Index lost 1.7%. South Korea’s Kospi index fell 2.2%. Hong Kong’s Hang […]

Asian stocks on Tuesday were a bit higher ahead of U.S – Sino talks while the pound set to a 28-month low as no deal Brexit concerns were higher. Asian Stocks “Up until now, many market participants had been on the sidelines while the markets factored in the likelihood of the Fed’s rate cut,” said […]

Asian shares fell on Wednesday to a six-week low, rattled by fresh trade was concerns following threats from President Donald Trump to Beijing. “Trump’s comments suggest that U.S.-China trade negotiations are not going well, which is a new negative factor for the markets,” said Osamu Takashima, head of G10 FX strategy at Citigroup (NYSE:C) Global Markets Japan […]

Asian stocks were mostly slipped on Monday as investors awaited the resumption of U.S.-China negotiations in Beijing this week amid low expectations for a major breakthrough. Sterling was pinned near 27-month lows around $1.2375 amid reports the government of Prime Minister Boris Johnson was preparing the ground for a “no-deal” Brexit. Asian stocks MSCI’s broadest […]