China Evergrande Group, the world’s most indebted property developer, is expected to post on Monday significant losses in its long overdue results for 2021 and…
AUDUSD defends 0.6800 as USD index fades bounce off 15-month low despite cautious mood
AUD/USD bounces off intraday low to 0.6820 heading into Monday’s European session, paring the daily loss amid a sluggish start to the week. Even so,…
Bitcoin price support at $30K opens the door for gains from UNI, ARB, AAVE and MKR
BTC price is back in its range, potentially given opportunities for UNI, ARB, AAVE and MKR to move higher. Bitcoin BTC $30,309 attempted to break away…
Indonesia, South Korea bonds benefit from China turmoil
Global investors in Asian bonds are positioning themselves to benefit from potential U.S. dollar weakness, pouring funds into countries like Indonesia and South Korea where…
Gold market resilience and future opportunities
In the ever-oscillating domain of financial markets, the gold market has recently demonstrated impressive resilience. In our preceding articles, we explained in great detail how…
UBS to retain EY as auditor after Credit Suisse takeover- FT
UBS Group has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse’s accounts from 2024, the Financial Times reported…
Forex Update India’s Foreign Exchange Reserves Jump $1.23 To $596.28
India’s foreign exchange (forex) reserves jumped $1.229 billion to $596.28 billion in the week ended July 7, according to the latest data from the RBI.…
Allowing Coinbase to go public was not a ‘blessing’ from regulators — SEC
The SEC argued that just because it approves an S-1 filing from a company does not mean the firm is not operating or will not…
Family bonds forged at Porter Cup
Melding the men’s and women’s golf tournaments for the first time in the Porter Cup’s 64 years has fostered a family atmosphere with a touch…
Strengthening economic bonds India and UAE forge path to trade settlement in local currencies
In a significant move to enhance bilateral trade and economic cooperation, India and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU)…