HONG KONG/SINGAPORE (Reuters) - Three months of anti-government protests have thrown Hong Kong into its deepest crisis in decades, pounding the financial hub’s economy and stock market and adding to its Sino-U.S. trade war woes. A Hong Kong dollar note …
Longtime China-bear Kyle Bass has closed his nearly four-year wager against the offshore yuan just as the trade war between the U.S. and China is intensifying. Bass’s Hayman Capital Management entered its short bet on the yuan in July 2015. The firm had …
A foreign-exchange strategist has said that talk of Hong Kong abandoning its currency peg to the U.S. dollar missed the broader point: the economic rise of China will one day dwarf the local currency, making its relationship with the U.S. irrelevant. The …
The Chinese currency is trading at 6.8373 yuan per dollar, its highest level in almost three months. The onshore yuan has rallied 1.8% this week, its largest two-day gain in more than a decade. The yuan's gains come after a trade-war truce soothed …
AP The Chinese currency is trading at 6.8373 yuan per dollar, its highest level in almost three months. The onshore yuan has rallied 1.8% this week, its largest two-day gain in more than a decade. The yuan's gains come after a trade-war truce soothed …
Updated: 05 Sep 2019, 01:19 PM IST 1/9 Guide to Capital Controls Argentina may have spooked investors with its imposition of capital controls over the weekend, but it’s scarcely alone among emerging markets in using them to stop money flying out in …
NEW DELHI: Argentina may have spooked investors with its imposition of capital controls over the weekend, but it’s scarcely alone among emerging markets in using them to stop money flying out in times of stress. From China to India, Nigeria and South …
(Bloomberg) -- It’s one of the biggest questions hanging over Hong Kong as anti-government protests head into a 13th week: Will investors pull their money out? So far, there are few signs of a mass exodus. But the risk of capital outflows is undoubtedly …
money and Bank account on table for finance and banking concept. Getty In the late 1980s, national football power and frequent Rose Bowl participant Washington fell on hard times. While the Huskies had not infrequently finished seasons in the early ‘80s …
The Dow and broader U.S. stock market began their long road to recovery on Tuesday after the People's Bank of China (PBoC) announced it would take decisive measures to stabilize the yuan. In other words, PBoC is manipulating the currency market in the …
The two charts above are two ways of looking at Chinese money supply in relation to forex reserves. The first shows how many yuan of M2 exist versus China's forex reserves priced in dollars. As of May there are 56 yuan for every dollar in reserves. The …
Kyle Bass, founder of Hayman Capital Management, said he’s shorting the Hong Kong dollar against the U.S. dollar to express his view that Hong Kong’s usable reserves for defending its currency peg are insufficient. “We are very long dollars and that means …
(Bloomberg) -- Hong Kong shares posted their biggest monthly gain in 10 months, buoyed by a rebound in the offshore yuan and optimism that U.S. economic growth will pick up. The Hang Seng Index closed little changed Friday, recording a 6.2 percent advance …
(Bloomberg) -- Hong Kong shares posted their biggest monthly gain in 10 months, buoyed by a rebound in the offshore yuan and optimism that U.S. economic growth will pick up. The Hang Seng Index closed little changed Friday, recording a 6.2 percent advance …
Apr 08, 2019 (Baystreet.ca via COMTEX) -- Saudi Arabia threatened to use the "nuclear option" of undermining the petro-dollar if the U.S. moves forward with the NOPEC bill. The U.S. Congress has been mulling legislation, known as the NOPEC bill, …
March 17 at 3:31 AM Pegged to the U.S. dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it isn’t. While its trading band of HK$7.75 to HK$7.85 per U.S. dollar, set in 2005, has never been broken, it keeps getting tested. That …
March 16 at 6:17 PM Pegged to the U.S. dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it isn’t. While its trading band of HK$7.75 to HK$7.85 per U.S. dollar, set in 2005, has never been broken, it keeps getting tested. That …
By Nisha Gopalan | Bloomberg March 2 at 8:13 PM Hong Kong property is coming back. After declining about 10 percent since August, home prices have started rising again. The world’s least affordable housing market may even be prepping for another boom. …
January 14, 2019 10:45 am By: Matein Khalid, Chief Investment Officer & Partner at Asas Capital It is now far too dangerous to short the British pound, another fabulously profitable short since its fateful 1.50 high against the US dollar the night of …
Highlights Third quarter revenue of $44.6 million, net of $5.1 million attributed to the non-cash impact of warrants, compared to $37.6 million, net of $1.7 million attributed to the non-cash impact of warrants in the prior year period. Significantly …
Continues to Produce Strong Organic Growth with Record Third Quarter Revenue of $32.1 Million and Adjusted EBITDA of $8.7 Million 2019 & 2020 Expansion Goals Remain Fully Funded with $14.7 Million Cash on Balance Sheet and More than $4 Million of …
LONGUEUIL, Quebec, Nov. 14, 2019 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (TSX: DBO), a world leader in immersive entertainment experiences, today announced second-quarter results for the quarter ended September 30, 2019. All dollar amounts are …
NEW YORK, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of financial services and products that leverages cutting edge technology to deliver liquidity to the global markets and provide execution services and data …
Fourth Fiscal Quarter Record Revenue of $278.6 Million, $121.9 Million, or 77.8% Higher Than Last Year; Pro Forma Revenue was Essentially Flat Compared with Last Year1 Net Loss of $20.2 Million, $68.5 Million Lower Than Last Year; Adjusted Pro Forma Net …
New York, Nov. 11, 2019 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Anti-Static Oil Market - Growth, Trends, and Forecast (2019 - 2024)" - https://www.reportlinker.com/p05826190/?utm_source=GNW - The …
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The CEO of IDEIA Big Data, Maurício Moura, was chosen by the Washignton Compol magazine to join the select list of the top 100 policy professionals in 2019 SAO PAULO, BRAZIL, November 18, 2019 /EINPresswire.com/ -- The CEO of IDEIA Big Data, …
DENVER, CO, UNITED STATES, November 18, 2019 /EINPresswire.com/ -- Spencer Shaver of Denver, CO, a renowned composer, businessman, and producer, is spearheading an exciting new project: Skyward Artists Group. The startup, founded in 2019, …
EL TIGRE, ANZOATEGUI, VENEZUELA, November 18, 2019 /EINPresswire.com/ -- As the third-generation owner of Servimeca Sand Control, Jorge Plaza Marquez spends a great deal of time traveling between Colombia and Venezuela. To Jorge, these are some …
CerbAir won the first prize in the "Digital Cities" category. An award also accompanied by a grant and a support in development. BOULOGNE BILLANCOURT, HAUTS DE SEINE, FRANCE, November 18, 2019 /EINPresswire.com/ -- On November 7th, …
2019 Campaign seeks to raise $400K, which will be shared among 10 not-for-profit organizations that serve many communities in Northern New Jersey Investors Bancorp, Inc. (NASDAQ:ISBC) SHORT HILLS, NEW JERSEY, US, November 18, 2019 /EINPresswire.com …
US, November 18, 2019 /EINPresswire.com/ -- When you think about the celebrity lifestyle, one normally wonders about what brands, styles, and trends are loved by Hollywood’s elite. With Cask Cartel, your celebrity drink wish list is ready for the …
LOS ANGELES, USA, November 18, 2019 /EINPresswire.com/ -- The blockchain community should embrace the latest quantum advancements instead of fearing it, says blockchain investment expert, Harris White. White, Chief Executive Officer at leading …
Local Houston area mom creates functional line of swimwear for breastfeeding moms and begins crowd-funding campaign. HOUSTON, TX, UNITED STATES, November 18, 2019 /EINPresswire.com/ -- Local Houston area mom creates functional line of swimwear …
RIM’s Newest Location Promises A Better Recruitment Experience For Employers and Job-Seekers DALLAS, TEXAS, UNITED STATES, November 18, 2019 /EINPresswire.com/ -- November 18, 2019 – Recruiting in Motion (RIM), a recruitment agency with offices …
Planet Ventures to acquire UK E-Sports & Gaming company Planet Ventures Inc (TSX:PXI) VANCOUVER, BC, CA, November 18, 2019 /EINPresswire.com/ -- VANCOUVER, British Columbia – November 18, 2019 – Planet Ventures Inc. (TSX-V: PXI; FSE: P6U) …
In-depth analysis of the business endpoint security market PALO ALTO, CA, USA, November 18, 2019 /EINPresswire.com/ -- Contact: The Radicati Group, Inc. (650) 322-8059 admin@radicati.com The Radicati Group’s latest study, “Endpoint …
Lumi announces successful completion of the Elia Group EGM on 8/11/2019, a pilot borne out of a collaboration with the Citi developed ProxymitySM Platform. LONDON, UK, November 18, 2019 /EINPresswire.com/ -- Lumi has announced the …
The winners will be revealed at the Big Five Board Awards ceremony on November 21 in London at the Geological Society, being organised and hosted by Frontier. LONDON, UNITED KINGDOM, November 18, 2019 /EINPresswire.com/ -- The annual Big Five …
TORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (“Guardian”) (TSX:GCG) (TSX:GCG.A) announces that effective today, 18th November 2019, Barry Gordon has joined its investment management subsidiary, Guardian Capital LP, as Managing …
NEW YORK, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Exelon Corporation (Nasdaq: EXC), will become a component of the NASDAQ-100 Index® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 …
ENGLEWOOD CLIFFS, N.J., Nov. 18, 2019 (GLOBE NEWSWIRE) -- ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), announced today that its wholly-owned bank subsidiary, ConnectOne Bank (the “Bank”), has received regulatory approvals to …
TORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), a leading global provider of fleet management services, today announced the appointment of Israel (Izzy) Kaufman as Executive Vice President …
LAS VEGAS, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), today announced that on November 15, 2019, the Company held an annual meeting of stockholders (the “Meeting”). As of the …
VANCOUVER, British Columbia, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) announces that it has arranged a non-brokered private placement of up to 4,000,000 units of the Company ( …
RICHMOND, Va., Nov. 18, 2019 (GLOBE NEWSWIRE) -- Kinsale Capital Group, Inc. (NASDAQ:KNSL) today announced that its Board of Directors declared a cash dividend of $0.08 per share of common stock. This dividend is payable on December 12, 2019 to all …
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