Business

Yen Skyrockets After Boj Remains Unmoved, Dollar Slumps On Dovish Fed

No easing, no Yen relief. This is the message markets are trying to send the Bank of Japan (BoJ) after the central bank refrained from easing monetary policy. Deposit rates remained at -0.1% and the annual pace of its...

FXTM Publishes Trading Servers’ Statistics, Providing Full Transparency For Clients

Statistics reveal excellent trading conditions & exemplary customer service International award-winning forex broker, FXTM, has taken another step towards satisfying the market’s demand for full trading transparency by publishing its monthly trading statistics and customer service data on its website.  The ‘FXTM...

Flight To Safety Ahead Of FOMC

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A sense of unease lingers across the financial markets ahead of the heavily anticipated FOMC statement, while the ongoing Brexit fears have rekindled a wave of jitters which consequently has punished global stocks. Most major markets dug deeper into the...

Risk Aversion Boosts Safe Havens

Another session of risk aversion sent global equities sharply lower on Monday due to concerns that Britons are leaning towards leaving the European Union. Most recent polls from ORB, ICM, and YouGov showed that the Brexit campaign has extended its...

Risk-off Sentiment Punishes Global Stocks

A wave of risk aversion dispersed across the global markets during trading on Monday as the unappetizing combination of heightened Brexit anxieties and elevated concerns over slowing global growth weighed heavily on investor sentiment. Stock markets were painted in...

Naira Dips Against Dollar

SAN FRANCISCO, June 13, (THEWILL) - The Naira on Monday dipped against the dollar at the parallel market. NAN reports that the Nigerian currency shed N8 to exchange at N360 to the dollar, from N352 it traded on Friday. Also, the...

Exclusive: Verizon, AT&T Set To Make Final Round Of Bids For Yahoo Web Assets – Sources

U.S. telecommunications rivals Verizon Communications Inc and AT&T Inc are set to go through to the third and final round of bidding in the auction for Yahoo Inc's core internet assets, according to people familiar with the matter. After holding...

Microsoft To Buy Linkedin For $26.2 Billion In Its Largest Deal

Microsoft Corp (MSFT.O) will buy LinkedIn Corp (LNKD.N) for $26.2 billion in its biggest-ever deal, combining the software giant's business-productivity tools with an online network of 433 million professionals. For Microsoft, the deal will help it in it mission of...

MTN To Take Immediate Steps To List In Nigeria As Part Of $1.7 bln Fine Deal

South African telecoms group MTN will take immediate steps to list shares in Nigeria as part of a deal to settle a dispute over unregistered SIM cards and will also issue an apology, according to a copy of the...

Financial Markets Biggest Threat Is 10 Days Away

Britain leaving the European Union has been so far the biggest global risk event for financial markets, and with less than two weeks to the EU referendum date investors are becoming more concerned with choppier trading activities expected to carry...