News
Driven by simmering tensions between the U.S. and Iran, oil prices continued to trade higher during morning trade in Asia Friday hours after soaring to their highest level for the month. U.S. WTI crude futures were up 0.47% to $57.40 by 8:36 PM ET (00:30 GMT). Brent crude, traded in London, was up 0.42% to $64.78. […]
Asian stocks struggled on Friday to follow Wall Street’s euphoria about a possible U.S. rate cut next month as anxiety over Sino-U.S. trade negotiations clouded investor sentiment in the region. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.1%. The Shanghai Composite Index rose 0.4%. Australian stocks declined 0.3%. Japan’s Nikkei shed 0.2% amid […]
oneZero Financial System, announced the release of Liquidity Hub 8.0, which features an improved design to give clients additional tools and flexibility to simplify their daily workflow. “We are thrilled to launch the latest release of Liquidity Hub to help our clients better manage their business,” said Andrew Ralich, CEO of oneZero Financial Systems. “We […]
Paxful, a peer-to-peer bitcoin marketplace, informed that it has teamed up with the blockchain and cryptocurrency products developer The White Company. The partnership aims to deliver the benefits of global payments to emerging markets, allowing Paxful customers to exchange their bitcoin into Visa or MasterCard prepaid cards in 10 fiat currencies (USD, GBP, EUR, INR, […]
Asian stock markets rallied on Thursday while the dollar dropped and global bond yields plunged, with the 10-year U.S. yield falling below two percent, after the Federal Reserve signaled possible interest rate cuts later this year. Asian Stock Markets MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.92%, led by gains in China. Tokyo’s […]
The UK entity of the Bank of China has joined LCH’s SwapClear as a new member. Bank of China is the first clearing member from a Chinese banking group to join the interest rate clearing house. The Bank now has access to clearing of interest rate derivatives, and will also act as a clearing broker […]