Tag: exchange
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Indonesia wants more sway over commodity prices – here’s how its new exchange can win over market
Indonesia hopes a new commodity exchange will give it greater influence over prices of key exports, but experts say it must first convince producers and traders to use it.
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Ackman unveils six new investments including Netflix, Visa, Mastercard in portfolio overhaul
NEW YORK, Aug 13 : Bill Ackman unveiled six new holdings, including Netflix, Visa and Mastercard, marking the billionaire investor’s biggest portfolio overhaul in years.Ackman said on Thursday he acquired shares starting in the second quarter that will be held in his investment funds, including his newest off
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Ackman unveils six new investments including Netflix, Visa, Mastercard in biggest portfolio overhaul in years
NEW YORK, Aug 13 : Bill Ackman unveiled six new holdings including Netflix, Visa and Mastercard, marking the billionaire investor’s biggest portfolio overhaul in years.Ackman said on Thursday he acquired shares starting in the second quarter that will be held in his investment funds including his newest offer
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US sanctions Dubai crypto exchange for aiding Iran’s IRGC, following a Reuters report
Aug 7 : The United States on Friday sanctioned an unlicensed multi-state cryptocurrency exchange, alleging it processed millions of dollars of crypto for Iran’s elite Islamic Revolutionary Guard Corps and other groups linked to the Iranian state. The designation follows a Reuters investigation published on
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Kenya’s stock exchange plans East Africa’s first AI-focused ETF
NAIROBI, Aug 5 : Kenya’s Nairobi Securities Exchange is creating East Africa’s first AI stocks-focused exchange-traded fund, which it plans to offer to investors before year-end, its CEO said. The Nairobi market attracts a sizeable proportion of foreign equity investors given its profitable banking sector and
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Analysis:How a US-Japan pact to hit yen speculators came together
TOKYO, Aug 3 : A joint U.S.-Japanese effort to fight off speculative bets against a battered yen last week followed months of preparation by the two nations and a rare and public alignment of interests in Washington and Tokyo over exchange rates.While unilateral efforts by Japanese authorities to stop sharp y
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Japan may have sold up to $59 billion in yen-buying intervention
TOKYO, July 31 : Japan may have sold as much as $58.97 billion in its latest efforts to bolster its currency, central bank data indicated on Friday, signalling repeated efforts to stem the yen’s weakness.The Bank of Japan’s projection for money market conditions for the following day suggests an 8.2 trillion
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Japan may have sold $58.97 billion in yen-buying intervention
TOKYO, July 31 : Japan may have sold as much as $58.97 billion in its latest efforts to bolster its currency, central bank data indicated on Friday, signalling repeated efforts to stem the yen’s weakness.The Bank of Japan’s projection for money market conditions for the following day suggests a 8.2 trillion y
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South Korea conducts rare forex intervention alongside Japan, source says
SEOUL, July 31 : South Korea’s foreign exchange authorities conducted a rare dollar-selling intervention on Thursday, sending the won to a nine-month high, a market source said on Friday.Seoul’s move came alongside Japan’s yen-buying, dollar-selling market intervention in New York markets on Thursday, pulling
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Cryptocurrency exchange BitMEX to shut down
July 23 : Cryptocurrency exchange BitMEX said on Thursday that it will shut down its operations, effective September 23, and said that users’ assets remained safe and under their control. The owner and operator of BitMEX, HDR Global Trading, made the decision as part of a strategic review of the business, th
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