Business
Japan says in close coordination with US on forex as yen intervention risks mount
Top Japanese authorities said on Monday they have been in close coordination with the United States on foreign exchange, but declined to…
Tag
forex
Business
First Sponsor expects net loss for H2, full year 2025 on forex losses
Fair value loss on its financial derivatives is a result of the strengthening of foreign currencies against the Singapore dollar First…
Business
Central Bank’s New Brazilian Forex Rules Could Impact Crypto Exchanges
Brazil’s central bank (BCB) has proposed new rules for the forex sector that may place further restrictions on the country’s crypto…
Business
Australian pension funds to expand use of forex hedging as size grows
Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the…
Business
BHG Retail Reit H1 DPU falls 12% on lower revenue, forex impact
BHG Retail Reit’s distribution per unit (DPU) fell by 12 per cent to S$0.0022 for its first half year ended June, from S$0.0025 the year…
Business
TSMC unit to issue US$10 billion of stock to counter forex swings
The moves grant TSMC Global more capital flexibility in managing exchange rate risks Taiwan Semiconductor Manufacturing Co’s overseas unit…
Business
Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth
Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter…
Business
China Introduces New Forex Rules To Tighten Crypto Oversight and Target Illegal Cross-Border Transactions
China Introduces New Forex Rules To Tighten Crypto Oversight and Target Illegal Cross-Border Transactions On Dec. 31, 2024, China’s…
Business
Yoma’s H1 net loss deepens to US$11 million on forex headwinds
YOMA Strategic posted a net loss of US$11 million for the first half ended September 2024, widening from its US$2.5 million loss in the…
Business
Singapore court orders trader to pay investor S$4.7 million after forex trade goes south
THE Singapore High Court has on Wednesday (Oct 23) ordered forex trader Leong Kai Rui to return S$4.7 million to investor Oan Chim Seng…
Business
Forex Trading Enters a New Era with Avenix Fzco's FXGenix Robot
Adapting to the dynamic world of forex trading requires a willingness to embrace new tools. Pioneer fintech from Dubai Avenix Fzco has…
Business
Forex reserves top $700 bn, India becomes 4th country to cross this mark
India's forex reserves have ballooned by $87.6 billion so far in 2024, already more than the near-$62 billion increase over the whole of…
Business
BofA expects India's forex reserves to reach $745 billion in March 2026
2 min read Last Updated : Oct 04 2024 | 3:37 PM IST By Subhadip Sircar India’s foreign-exchange reserves will likely rise to $745 billion…