Tag: trading

Retail Asia23/04/2021
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2min0
The bank, which made its first deal on the platform last year, has moved from Contour’s beta network to its production network. DBS will offer streamlined digital letters of credit transactions, including the transfer of electronic trade and title documents, for customers across Australia, China, Hong Kong, and Singapore from this month on Contour, according to […]

Retail Asia21/01/2021
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1min0
Vietnam’s trade with China rose by 14 percent last year to $133.09 billion, making it the latter’s sixth-largest trading partner. Its exports to China grew by 18 percent to $48.9 billion, and imports by 12 percent to $84.1 billion, according to the Ministry of Industry and Trade. But some of Vietnam’s traditional export items like […]

Retail Asia05/10/2020
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1min0
The Tokyo Stock Exchange (TSE) has resumed regular operations on Friday after a technical outage that lasted all day Thursday. TSE is currently planning to replace the hardware and taking steps, including other maintenance, to ensure normal trading from tomorrow onwards, bourse operator Japan Exchange (JPX) said on Thursday evening. There was no indication that […]

Retail Asia01/10/2020
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2min0
The platform is the company’s fourth global currency pricing, following others in London, Tokyo, and New York. Goldman Sachs will be launching a foreign-exchange (FX) trading and pricing engine in Singapore, planned for the first quarter of 2021, the company said in a statement on Tuesday. The platform aims to deliver improved low latency execution for clients […]

Retail Asia18/09/2020
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4min0
The VN-Index edged up 0.14 percent to 897.47 points Wednesday, with trading volume significantly down compared to the last several sessions. The Ho Chi Minh Stock Exchange (HoSE), on which the VN-Index is based, saw a fairly balanced session with 183 stocks gaining and 198 losings. Total trading volume fell around 20 percent compared to […]

Retail Asia17/09/2020
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1min0
Barclays’ head foreign exchange trading in Asia Pacific will reportedly exit just 18 months after joining the British bank. Pritpal Gill, head of G10 FX and FX options trading in the region, has been let go by Barclays, according to a report citing unnamed sources, after joining its Singapore offices less than two years ago in […]

Retail Asia05/09/2020
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9min0
Learn to Trade Online- It’s an Intricate Affair Trading online may not be as easy as you think. Also, it is riskier than many perceive it to be, especially if you are involved in guess work, and haven’t done your homework. Many of us have capitalized on online money making opportunities, leaving no stone unturned. […]

Retail Asia26/03/2020
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1min0
Developed by the bank’s Digital Asset Management department, the application is the first third-party app from a China-based financial institution on the Eikon platform. Bank of China is launching DeepFX, an AI-based forex trading prediction application through Refinitiv’s financial data platform Eikon, the firm announced in a statement on Tuesday. The app uses deep learning technology to predict the short-term price […]

Retail Asia08/11/2019
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1min0
Citi will drop links to two-thirds of the existing foreign exchange platforms it is using, in a move to consolidate technology and reduce costs. Citi will reduce the number of FX platforms it uses from 45 to 15 by the first quarter of 2020, citing anonymous sources. The report added that the move to cut links […]

Retail Asia14/08/2019
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2min0
The bank is part of a $1.24 billion lawsuit by investors who want damages back following a scandal over rigging currency exchange markets. It revives another scandal from UBS’ past. The Swiss-based bank is one of five major foreign exchange dealers hit by a 1 billion pounds ($1.24 billion) class-action lawsuit in London, according to […]

Retail Asia06/06/2019
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3min0
Alibaba executive chairman Joe Tsai told analysts the company’s position as “China’s number-one platform for overseas brands” puts it on the right side of the trade war between the US and China. While discussing the group’s recent full-year results, which saw Alibaba grow revenue 51 per cent during the year to March 31, 2019, to […]

Retail Asia24/05/2019
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2min0
The paper-filled world of trade financing is ripe for reform as the expertise of forgers in faking documents used by banks is forcing the industry to digitalize. Trade financing is being forced into the digital age because of the scale and expertise of forgery, said Ng Chuey Peng, Oversea-Chinese Banking Corp’s (OCBC) managing director, and head […]

Retail Asia10/05/2019
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3min0
Singapore banks will enjoy increased FX volumes going forward as the country grows as a foreign exchange (FX hub), banking heads said. «Singapore is fast evolving into a natural hub for FX in Asia with the many initiatives to promote FX trading in the region, coupled with regulatory support to encourage key market participants to set up their pricing […]

Retail Asia19/03/2019
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3min1
TradeGecko, a leading technology company that provides cloud-based inventory and order management solutions for small and medium-sized businesses (SMBs), today launched its Founder Plan, expanding access to its powerful technology platform to early-stage commerce businesses.  The plan enables founders to integrate TradeGecko’s leading inventory and order management solution from the get-go, so that they can build their […]

Retail Asia25/02/2019
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4min0
Shanghai led a rally across Asian markets Monday after Donald Trump said he would delay a hike in tariffs on Chinese goods citing “substantial progress” in trade talks and fuelling hopes of an end to their long-running stand-off. Optimism over the negotiations had already provided support to global equities, spurring a rally in January and […]

Retail Asia21/02/2019
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1min0
The US’s Animal and Plant Health Inspection Service has given the green light for the import of mangoes from Vietnam. The license comes exactly 10 years after Vietnam applied for it. To export fresh mangoes to the U.S., farmers and business will need to meet stringent standards. APHIS will inspect each shipment thoroughly before granting […]


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