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ASIA: The Indian economy is poised to achieve 10.25 per cent GDP growth in FY 2021-22 on the back of effective government policies, Reserve Bank's accommodative
Spread the love ASIA: NATO leaders warned on Monday that China presents “systemic challenges,” taking a forceful stance towards Beijing in a communique at Joe Biden’s first summit with an alliance that Donald Trump openly disparaged. The new U.S. president has urged his fellow NATO leaders to stand up to China’s authoritarianism and growing military might, a change of focus for an alliance created to defend Europe from the Soviet Union during the Cold War. China has accused the United States of trying to sow discord in its relations with Europe and called on European nations not to ti...
Spread the love ASIA: China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrencies, such as registration, trading, clearing and settlement, three industry bodies said in a joint statement on Tuesday. China has banned crypto exchanges and initial coin offerings but has not barred individuals from holding cryptocurrencies. Domestic sal...
NIKKEI 225 closed Hang Seng increased 312.81 points or 1.03% to 30,632.64 ASX 200 increased 58.30 points or 0.86% to 6,839.20 Kospi decreased 9.66 points or -0.31% to 3,070.09 SENSEX increased 7.09 points or 0.01% to 49,751.41 Nifty50 increased 32.10 points or 0.22% to 14,707.80 The major Asian currency markets had a mixed day today: AUDUSD decreased 0.00169 or -0.21% to 0.79017 NZDUSD increased 0.00013 or 0.02% to 0.73313 USDJPY increased 0.21 or 0.20% to 105.18 USDCNY increased 0.00385 or 0.06% to 6.46681 Precious Metals: Silver decreased 0.55 USD/t. oz or -1.96% to 27.607 Some economic new...
AUDUSD increased 0.00283 or 0.37% to 0.77415. NZDUSD increased 0.00375 or 0.52% to 0.72358. USDJPY decreased 0.09 or -0.08% to 103.67. USDCNY decreased 0.01091 or -0.17% to 6.47604. Precious Metals Silver increased 0.17 USD/t. oz or 0.67% to 25.469. Some economic news from last night Japan： South Korea: GDP (QoQ) (Q4) decreased from 2.1% to 1.1%. Some economic news from today Hong Kong: Imports (MoM) (Dec) increased from 5.1% to 14.1%. Trade Balance decreased from -25.6B to -45.7B. Japan: Singapore: Industrial Production (YoY) (Dec) decreased from 18.7% to 14.3%. EUROPE/EMEA Mastercard will...