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  • October 23, 2014
  • Last updated: 11:31pm
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Results 81 - 90 of 10817 for currency

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  1. Business - Economy - BANKING

    US-UK 'war game' to simulate failure of global bank

    Posted Oct 12th 2014, 06:38am by Bloomberg

    ... Reserve Bank of New York and the Office of the Comptroller of the Currency. Bank of England deputy governor Nemat Shafik, Fed governor Daniel Tarullo, and New York Fed president William Dudley ...

    http://www.scmp.com/business/economy/article/1614756/us-uk-war-game-simulate-failure-global-bank
  2. Comment - Insight & Opinion

    HKMA must bring Hong Kong dollar back to near parity with the yuan

    Posted Sep 25th 2014, 05:03pm by WILL HICKEY

    ... financier Thomas Gresham's law states that bad money drives out good money in a society or, succinctly, a currency that is overvalued will always drive out the money that is undervalued ... currency manipulation of the renminbi is spilling over into Hong Kong by way of local market pressure on the Hong Kong dollar. Something must give. That "something" should be a 20 per ...

    http://www.scmp.com/comment/article/1600254/hkma-must-bring-hong-kong-dollar-back-near-parity-yuan
  3. News - China Digest

    The Post's daily China news round-up- October 14, 2014

    Posted Oct 14th 2014, 10:25am

    ... China’s dangerous game |Source: The Atlantic Beijing's intensifying efforts to redraw maritime borders have its neighbours, and the US, fearing war. Russia, China sign currency swap deal to double US$100b trade |Source: Bloomberg Russia, whose energy and financial industries are facing Western sanctions, is trying to diversify funding sources and move away from ...

    http://www.scmp.com/news/china-digest/digest/1616089/posts-daily-china-news-round-october-14-2014
  4. Business - Economy - CURRENCIES

    Japanese policymakers warn that rapid yen moves 'undesirable'

    Posted Sep 10th 2014, 04:05am by Reuters

    ... further sharp declines may be unwelcome after the currency's drop to a six-year low against the dollar. Economics Minister Akira Amari said that while markets, not policymakers, determine yen levels, it was desirable for the Japanese currency to stabilise at levels that reflect economic fundamentals. "It's not good for Japan and the global economies for currencies to have big ...

    http://www.scmp.com/business/economy/article/1588870/japanese-policymakers-warns-rapid-yen-moves-undesirable
  5. Business - Economy - SOUTH KOREA

    Seoul offers help to shield exporters from weak yen

    Posted Oct 09th 2014, 05:43am by Reuters

    ... Reuters in Seoul Seoul offers help to shield exporters from weak yen South Korea has announced several measures to aid local exporters hit by a falling yen and expressed concern that prolonged weakness of the Japanese currency could do long-term damage to the Korean economy. The government would work to cut the costs of insurance on exchange-rate volatility for the roughly 4,000 ...

    http://www.scmp.com/business/economy/article/1612430/seoul-offers-help-shield-exporters-weak-yen
  6. Business - Banking & Finance - CURRENCIES

    Korean won loses allure on signs of intervention

    Posted Oct 02nd 2014, 04:50am by Bloomberg

    ... the currency as it marches to a third consecutive year of gains against the yen. Japan and South Korea are major competitors in the global market for shipments of electronics, vehicles and other ... the strong end of the 9.50 to 9.60 range that Seoul-based broker Meritz Securities says local exporters can bear. "The tolerance for currency appreciation has greatly diminished in South ...

    http://www.scmp.com/business/banking-finance/article/1607034/korean-won-loses-allure-signs-intervention
  7. Business - Banking & Finance

    ADB puts priority on stability in yuan internationalisation

    Posted Sep 24th 2014, 06:13am by Victoria Ruan

    ... Beijing probably will adopt a new model of currency internationalisation in which capital market development may not be as important as it has been in the past. Mainland authorities are concerned ... of the currency may be slower without opening up the capital market, it may be a process that is more stable," it said. The ADB's assessment on yuan globalisation was in line ...

    http://www.scmp.com/business/banking-finance/article/1599041/adb-puts-priority-stability-yuan-internationalisation
  8. News - Asia - NORTH KOREA

    Pyongyang seeks access to secret Japanese bank account of Kim's half-brother

    Posted Oct 15th 2014, 04:42am by Julian Ryall

    ... and the counterfeiting of foreign currency. The sources declined to speculate on why funds had been kept in a secret account in Japan and why they are now needed back in North Korea. They added that Ho had been ...

    http://www.scmp.com/news/asia/article/1616431/pyongyang-seeks-access-secret-japanese-bank-account-kims-half-brother
  9. Business - Money - ASK MELANIE

    Should I switch my HK dollar savings?

    Posted Oct 01st 2012, 12:00am by Melanie Nutbeam

    ... On the face of it, that looks attractive. But both currencies are trading at historically high levels. If either currency depreciates, even marginally, you could lose your interest earnings, while if the currency depreciates significantly, you will suffer a capital loss when you exchange your money back to Hong Kong dollars. Of course, you could be lucky and find that at the end of six months ...

    http://www.scmp.com/business/money/expert-qa/article/1049532/should-i-switch-my-hk-dollar-savings
  10. Business - Banking & Finance

    Las Vegas casinos to accept bitcoin virtual currency

    Posted Jan 22nd 2014, 02:02pm by Reuters

    ... Reuters Customers will be able to use virtual currency to pay for hotel rooms and related purchases Las Vegas casinos to accept bitcoins Two Las Vegas casino hotels will become the first ... Casino Hotel, both belonging to the same owner, began accept- ing bitcoins yesterday as payment for hotel rooms and related purchases, casino officials said. Bitcoin is an online currency bought ...

    http://www.scmp.com/business/banking-finance/article/1411035/las-vegas-casinos-accept-bitcoin-virtual-currency

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