The dollar was on the front foot on Monday ahead of a packed week filled with key economic releases that will provide further clues on the global interest rate outlook, with a U.S. inflation reading taking centre stage. The core personal consumption expenditures (PCE) price index – the Federal Reserve’s preferred measure of inflation – …
Dollar gains ground in busy data week, US inflation in focus قراءة المزيد »
Most Asian stocks retreated on Monday as persistent concerns over higher-for-longer interest rates sparked some profit-taking in technology stocks, while Japanese markets scaled new record peaks ahead of key inflation data. Tech stocks were hit with a large degree of profit-taking after a strong rally over the past week, as optimism over artificial intelligence now …
Asian stocks dip as tech rally cools; Japan scales new peaks قراءة المزيد »
Monday, gold prices in the Jordanian market have stabilized, according to the prices quoted by the General Syndicate of Owners of Trade and Jewelry Shops. The purchase price for citizens of one gram of 21-carat gold stands at JD 41.5, with a selling price of JD 39.8. The purchase price of one gram of 24-carat …
South Africa, 21st February 2023 – XS.com, the leading FinTech and financial services provider, has unveiled its latest strategic move to tap into the growing opportunities in the African continent. The global multi-asset group has successfully acquired “Ubutyebi Financial Services,” a licensed Financial Service Provider (FSP) as regulated and endorsed by the South African Financial …
XS.com Strengthens African Presence with South African License Acquisition قراءة المزيد »
China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sought to prop up the struggling property market and broader economy. The 25-basis point cut to the five-year loan prime rate (LPR) was the largest since the reference rate was introduced in 2019 and far more than analysts had expected. …
China slashes mortgage reference rates to revive property market قراءة المزيد »
Most Asian stocks retreated on Tuesday, extending recent losses as persistent concerns over slowing economic growth and high U.S. interest rates largely offset a bigger-than-expected cut in China’s benchmark lending rate. Chinese markets fell slightly after a largely underwhelming return from the week-long Lunar New Year holiday, while a bigger-than-expected cut in the five-year loan …
Asian stocks find little cheer from China’s interest rate cut قراءة المزيد »
In a pioneering collaboration, TrustXPay (TXP), a soonto be launched digital finance platform, has partnered with Kyoto Network, a global leader specializing in environmental management and sustainability solutions, to introduce an innovative rewards program. Announced this month, this exciting partnership marks a significant milestone in sustainable finance. As part of this partnership, TXP users will …
Dubai based prop trading firm Funded Engineer issued a number of updates over the weekend to its client base (and to the public at large), following reports last week that Funded Engineer was cut off by its main technology provider, FPFX Technologies. The updates, issued on X (formerly Twitter), also shed light on some other …
Prop trading firm Funded Engineer aims for restart, but needs new broker قراءة المزيد »
LONDON, 15th February 2024 – In a momentous event at the Qatar Financial Expo 2024 held in Doha on 5-6th February 2024, KyoGreen, the innovative arm of Kyoto Network led by visionary founder and CEO Sheraz Malik, has been lauded with a prestigious global accolade. They picked up the award for Global Excellence and Innovation …
Most Asian stocks rose on Thursday as major technology shares tracked a rebound in their U.S. peers, while Japan’s Nikkei 225 neared record highs even as the economy unexpectedly entered a recession. But while Japanese markets shone, gains across broader Asia were a lot more subdued, as risk aversion still remained in play amid waning …
Asian stocks buoyed by tech; Japan coasts past Q4 recession قراءة المزيد »
Oman, 12th February 2024 – XS.com, the global FinTech and financial services provider for online trading and investing, proudly announces its global sponsorship for the eagerly awaited “Oman Smart Vision” Summit, set to unfold on February 14th and 15th at the esteemed “Sheraton Oman” Hotel in Muscat, Oman. Hosted by “Smart Vision” company, this …
Oman’s Smart Vision Summit Gains Momentum with XS.com as Global Sponsor قراءة المزيد »
Afaq News – The economic conference (Innovation in Digital Economy Summit) will begin next Monday in Qatar-Doha , which will be held over two days on the fifth and sixth of February, at the kempinski Hotel, organized by the Qatari Afaq Event Management Company and in cooperation with the Jordanian Afaq Group For media and …
