The Australian Securities and Investments Commission (ASIC) announced this Friday that it has cancelled the Australian Financial Services (AFS) licence of Union Standard International Group Pty Ltd, which operates under the brand USGFX.
The cancellation of USGFX’s AFS licence foll
The sale of Borsa Italiana is slowly taking shape as the London Stock Exchange (LSE) has entered into exclusive talks with Euronext to finalize the deal.
Confirmed by both parties, this is a major step in the negotiation process, however, it does not indicate a confirmation of the s
China's industrial production grew more than expected in August as fiscal stimulus and exports boosted economic activity and retail sales recovered on domestic demand, official data revealed Tuesday.
Industrial production growth improved to 5.6 percent from 4.8 percent in July, the National Burea
The U.S. dollar depreciated against its major counterparts in the Asian session on Monday, as AstraZeneca's renewal of its coronavirus vaccine trial underpinned sentiment.
Oxford University announced on Saturday that it is resuming a trial for a coronavirus vaccine it is developing with AstraZeneca.
Today, I provide a thought experiment on how inflation could reach 3%. This is certainly not our base case and the story-line I describe below diverges from our key calls. However, I believe that there are potential future economic and political forces which provide the highest likelihood since the
Malaysia's industrial production returned to growth in July for the first time since February as restrictions to curb the spread of coronavirus were relaxed, data from the Department of Statistics showed Friday.
Industrial production grew 1.2 percent on a yearly basis in July, following a 0.4 percen
Asian stock markets are advancing on Monday despite the mixed cues from Wall Street Friday, as positive news on the coronavirus vaccine front boosted sentiment. Drug maker AstraZeneca said it has resumed the late-stage trial of its coronavirus vaccine candidate in the UK after the trial was suspende
In yet another move against China, the US has revoked visas for more than 1,000 Chinese nationals while citing security risks, as per Reuters.
The United States has revoked visas for more than 1,000 Chinese nationals under a presidential measure denying entry to students and researchers
In the latest crackdown to overseas digital services, Venezuela has surprisingly blocked access to US-based cryptocurrency Coinbase and fiat remittance platform MercaDolar.
Brought to the light on Tuesday evening by Venezuela Inteligente, an organization helping Venezuelans to bypass int
Daily Pivots: (S1) 1.1792; (P) 1.1829; (R1) 1.1877;
Intraday bias in EUR/USD remains neutral and consolidation from 1.2011 might extend. Further rise is in favor with 1.1762 support intact. On the upside, break of 1.2011 will target resume the whole rise from 1.0635. On the downside, firm break of 1
The overbought Aussie dollar faces selling pressure on Australia's dismal Q2 GDP release.
The economy contracted by 6.3% in the April to June period.
The selling pressure around the Aussie dollar is gathering pace and pushing AUD/USD lower with Australia reporting a bigger-than-expected second-qu
CAD/JPY has broken structure to the downside in a bearish environment.
The bears will be looking for an entry from the prior support now potentially turned resistance.
The price is approaching the sell limit level at 80.14 for a target to downside structure and stop-loss above the recent retracement
China's left its benchmark interest rates unchanged on Thursday, as the economy showed signs of robust recovery.
The one-year loan prime rate was retained at 3.85 percent and the five-year loan prime rate was maintained at 4.65 percent.
The one-year and five-year loan prime rates were last reduced i