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Singapore Exchange (SGX), the country’s stock exchange, has announced that it will introduce depository receipts for three major tech companies: SpaceX, Grab, and Sea. This announcement was made on Tuesday, with the trading of the depository receipts set to…
Nestlé, the multinational FMCG powerhouse, began the year with consistent growth. It did so despite a decline in sales attributed to currency fluctuations and the residual effects of a product recall involving infant formula. First Quarter Performance During…
The National Assembly of Vietnam has directed the government to construct a strategic plan for establishing a gold trading exchange. This endeavor is in response to the escalating prices of gold and aims to control and regulate the bullion market. The Need…
Japanese lifestyle company Human Made has successfully been registered on the Tokyo Stock Exchange Growth Market, indicating a significant development in the firm’s expansion strategies both locally and internationally. Company Overview Human Made was…
The U.S. dollar took a dip against the Vietnamese dong on the black market Saturday morning, rounding out a week of financial fluctuations. The greenback slid 0.34% to VND26,290 at unofficial exchange points, signifying a notable shift as currency dynamics…
The U.S. dollar has taken another tumble against the Vietnamese dong, marking a trend that could signal continuous challenges for the greenback. As traders eyed a tumultuous month ahead, Friday morning saw the dollar heading for its fifth consecutive monthly…
The U.S. dollar experienced a slight uptick against the Vietnamese dong on Thursday morning, but faced declines when matched against various major currencies. Vietcombank Adjusts Rates In an intriguing shift, Vietcombank increased its dollar exchange rate by…
Vietnam Stock Exchange, which operates the country’s two main bourses, saw profit dropping 8% to VND1.92 trillion ($75 million) last year, its first decline since establishment. The operator of Ho Chi Minh Stock Exchange and Hanoi Stock Exchange saw revenue…
Prices of gold bars branded SJC on Monday dropped 0.4% from the weekend to VND67.35 million ($2,716.82) per tael. Selling prices of gold rings remained unchanged, reaching VND54.05 million per tael. A tael is equal to 37.5 grams or 1.2 ounces. Globally, gold…
Russia holds vast foreign exchange reserves, a large chunk of which are held offshore, having the potential to upend money markets. The country had international reserves totaling $630 billion at the end of January, consisting of $467 billion in foreign…
Vietnam’s benchmark VN-Index fell 0.01 percent to 1,476.02 points Tuesday with trading value the highest in six sessions. The index closed 0.19 points lower after gaining nearly 13 points Tuesday. Trading value on the Ho Chi Minh Stock Exchange (HoSE), on…
Switzerland’s largest online bank is riding the crypto wave. Swissquote’s ambitions include setting up its own trading platform for digital currencies, sales manager Jan De Schepper said. Swissquote plans to open its own crypto exchange before the end of the…
Binance Asia Services, which operates Binance’s Singapore entity, has taken an 18-percent stake in Hg Exchange (HGX), a Singapore-based private securities exchange. Binance Singapore will work with HGX in enhancing offerings of products and services supported…
Crypto.com has bought the naming rights to the arena that is home to NBA team Los Angeles Lakers, in what is said to be one of the largest naming deals in sports history. The Staples Center in Los Angeles, home to the Lakers basketball team as well as the…
Hong Kong-based OneDegree has launched a new insurance solution that provides digital asset protection for cryptocurrencies. Digital insurer OneDegree has partnered with crypto exchange Hong Kong Digital Asset Exchange (HKbitEX) to offer protection for…
A shift to round-the-clock trading in August has seen trading volumes in the two months surpassing the total trading volume of the first eight months of the year by 40 percent. DBS has reported strong growth in its digital asset ecosystem, anchored by DDEx,…
