Feb 02, 2016 09:26 AM EST
The US Dollar and Euro have gained some value in Asia Trade on Monday. With the recent appreciation, market has started to feel the brunt from Bank of Japan's (BoJ) move to adopt negative interest rates on Friday.
Jan 11, 2016 09:21 AM EST
The Philippine peso dropped the least among emerging-market in Asia this week as its overseas workers and outsourcing industry shielded it from the Chinese economic slowdown and increase in US interest rates.
Jan 11, 2016 09:19 AM EST
The adverse conditions in Chinese economy have once again created tremors in the global bourses as the unexpected devaluation of Yuan shaken the markets. This time the main culprit was the China instability factor that sent global stocks spiraling down for the second time this week. All the major indices S&P 500 index, Dow Jones, Nasdaq and CSI 300 fell as traders preferred to get out of the risky assets.
Dec 28, 2015 08:32 AM EST
The global cybersecurity market continues to grow in massive proportions, and is expected to go on an upward slope even further.
Dec 28, 2015 08:30 AM EST
The World's largest economy grew two percent in the third quarter. The rising consumer spending propelled the economy to grow while businesses were struggling to sustain in the sluggish growth. The surging US dollar also impacted foreign trade in a more negative way.
Dec 28, 2015 08:25 AM EST
JPMorgan Chase & Co has alerted Japan Inc to gear up for the surge in Yen against the US dollar. JPMorgan Chase forecast Yen will reach 100 yen against a US dollar. However, it says the rally in currency may not sabotage the Japan industry.
Dec 07, 2015 09:39 AM EST
The surging stockpiles at Chinese ports are pushing iron ore prices below $40 per metric ton. The China's iron ore reserves rose to seven-month high putting more pressure on prices.
Dec 07, 2015 09:33 AM EST
The Organization of the Petroleum Exporting Countries meeting in Vienna last Friday concluded without agreeing to a concrete guidance. Reports reveal that there are three factors overwhelming the OPEC meeting.